IRIS Accounts Production v24.3.2.46 06508525 Board of Directors 1.3.23 29.2.24 29.2.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh065085252023-02-28065085252024-02-29065085252023-03-012024-02-29065085252022-02-28065085252022-03-012023-02-28065085252023-02-2806508525ns15:EnglandWales2023-03-012024-02-2906508525ns14:PoundSterling2023-03-012024-02-2906508525ns10:Director12023-03-012024-02-2906508525ns10:PrivateLimitedCompanyLtd2023-03-012024-02-2906508525ns10:SmallEntities2023-03-012024-02-2906508525ns10:AuditExempt-NoAccountantsReport2023-03-012024-02-2906508525ns10:SmallCompaniesRegimeForDirectorsReport2023-03-012024-02-2906508525ns10:SmallCompaniesRegimeForAccounts2023-03-012024-02-2906508525ns10:FullAccounts2023-03-012024-02-2906508525ns10:Director22023-03-012024-02-2906508525ns10:RegisteredOffice2023-03-012024-02-2906508525ns5:CurrentFinancialInstruments2024-02-2906508525ns5:CurrentFinancialInstruments2023-02-2806508525ns5:Non-currentFinancialInstruments2024-02-2906508525ns5:Non-currentFinancialInstruments2023-02-2806508525ns5:ShareCapital2024-02-2906508525ns5:ShareCapital2023-02-2806508525ns5:RetainedEarningsAccumulatedLosses2024-02-2906508525ns5:RetainedEarningsAccumulatedLosses2023-02-2806508525ns5:PlantMachinery2023-02-2806508525ns5:PlantMachinery2023-03-012024-02-2906508525ns5:PlantMachinery2024-02-2906508525ns5:PlantMachinery2023-02-2806508525ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-02-2906508525ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-02-28
REGISTERED NUMBER: 06508525 (England and Wales)









GREAT HAYWOOD BOAT SALES LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 29 FEBRUARY 2024






GREAT HAYWOOD BOAT SALES LIMITED (REGISTERED NUMBER: 06508525)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


GREAT HAYWOOD BOAT SALES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 29 FEBRUARY 2024







DIRECTORS: S R Andrews
Mrs E Andrews





REGISTERED OFFICE: Pound Cottage
Stratford Road
Wooton Wawen
Henley In Arden
West Midlands
B95 6BE





REGISTERED NUMBER: 06508525 (England and Wales)






GREAT HAYWOOD BOAT SALES LIMITED (REGISTERED NUMBER: 06508525)

BALANCE SHEET
29 FEBRUARY 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 94,948 27,235

CURRENT ASSETS
Stocks 69,525 -
Debtors 5 250,474 273,541
Cash at bank 233,729 458,156
553,728 731,697
CREDITORS
Amounts falling due within one year 6 44,835 34,874
NET CURRENT ASSETS 508,893 696,823
TOTAL ASSETS LESS CURRENT
LIABILITIES

603,841

724,058

CREDITORS
Amounts falling due after more than
one year

7

(13,652

)

(22,500

)

PROVISIONS FOR LIABILITIES (18,040 ) -
NET ASSETS 572,149 701,558

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 572,147 701,556
572,149 701,558

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 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.

GREAT HAYWOOD BOAT SALES LIMITED (REGISTERED NUMBER: 06508525)

BALANCE SHEET - continued
29 FEBRUARY 2024


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

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 16 January 2025 and were signed on its behalf by:





S R Andrews - Director


GREAT HAYWOOD BOAT SALES LIMITED (REGISTERED NUMBER: 06508525)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024

1. STATUTORY INFORMATION

Great Haywood Boat Sales 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

GREAT HAYWOOD BOAT SALES LIMITED (REGISTERED NUMBER: 06508525)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 29 FEBRUARY 2024

2. ACCOUNTING POLICIES - continued

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 3 (2023 - 5 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 March 2023 73,516
Additions 79,987
At 29 February 2024 153,503
DEPRECIATION
At 1 March 2023 46,281
Charge for year 12,274
At 29 February 2024 58,555
NET BOOK VALUE
At 29 February 2024 94,948
At 28 February 2023 27,235

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Amounts owed by participating interests 68,356 68,356
Other debtors 182,118 205,185
250,474 273,541

GREAT HAYWOOD BOAT SALES LIMITED (REGISTERED NUMBER: 06508525)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 29 FEBRUARY 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 27,009 10,000
Taxation and social security 14,416 21,549
Other creditors 3,410 3,325
44,835 34,874

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans 13,652 22,500