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REGISTERED NUMBER: 03940325 (England and Wales)















Financial Statements for the Year Ended 31 March 2024

for

Hindwoods Limited

Hindwoods Limited (Registered number: 03940325)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


Hindwoods Limited

Company Information
for the Year Ended 31 March 2024







DIRECTORS: K T Bright BSc MRICS
R W Gibbons ACIOB
T C Lee AAT





REGISTERED OFFICE: 9 Dreadnought Walk
Greenwich
London
SE10 9FP





REGISTERED NUMBER: 03940325 (England and Wales)





ACCOUNTANTS: Gibsons Financial Limited
Chartered Accountants
Foresters Hall
25/27 Westow Street
Upper Norwood
London
SE19 3RY

Hindwoods Limited (Registered number: 03940325)

Abridged Balance Sheet
31 March 2024

31/3/24 31/3/23
Notes £ £
FIXED ASSETS
Intangible assets 4 309,356 330,939
Tangible assets 5 39,879 47,991
349,235 378,930

CURRENT ASSETS
Debtors 238,255 213,850
Cash at bank and in hand 600,713 769,662
838,968 983,512
CREDITORS
Amounts falling due within one year (202,114 ) (289,273 )
NET CURRENT ASSETS 636,854 694,239
TOTAL ASSETS LESS CURRENT
LIABILITIES

986,089

1,073,169

PROVISIONS FOR LIABILITIES 6 (2,634 ) (3,585 )
NET ASSETS 983,455 1,069,584

Hindwoods Limited (Registered number: 03940325)

Abridged Balance Sheet - continued
31 March 2024

31/3/24 31/3/23
Notes £ £
CAPITAL AND RESERVES
Called up share capital 12,695 12,695
Share premium 15,000 15,000
Capital redemption reserve 32,305 32,305
Retained earnings 923,455 1,009,584
SHAREHOLDERS' FUNDS 983,455 1,069,584

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 March 2024 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 23 December 2024 and were signed on its behalf by:





K T Bright BSc MRICS - Director


Hindwoods Limited (Registered number: 03940325)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Hindwoods Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2018, is being amortised evenly over its estimated useful life of twenty years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Short leasehold - over the term of the lease
Fixtures & fittings - 20% on cost
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on cost

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 35 (2023 - 35 ) .

Hindwoods Limited (Registered number: 03940325)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

4. INTANGIBLE FIXED ASSETS
Totals
£
COST
At 1 April 2023
and 31 March 2024 604,308
AMORTISATION
At 1 April 2023 273,369
Amortisation for year 21,583
At 31 March 2024 294,952
NET BOOK VALUE

At 31 March 2024 309,356
At 31 March 2023 330,939

5. TANGIBLE FIXED ASSETS
Totals
£
COST
At 1 April 2023 194,813
Additions 4,871
Disposals (59,235 )
At 31 March 2024 140,449
DEPRECIATION
At 1 April 2023 146,822
Charge for year 12,982
Eliminated on disposal (59,234 )
At 31 March 2024 100,570
NET BOOK VALUE
At 31 March 2024 39,879
At 31 March 2023 47,991

6. PROVISIONS FOR LIABILITIES
31/3/24 31/3/23
£ £
Deferred tax 2,634 3,585

Hindwoods Limited (Registered number: 03940325)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

6. PROVISIONS FOR LIABILITIES - continued

Deferred tax
£
Balance at 1 April 2023 3,585
Movement in the year (951 )
Balance at 31 March 2024 2,634