Caseware UK (AP4) 2023.0.135 2023.0.135 2024-04-302024-04-30falsefalsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.Manufacture of trailers and semi-trailersfalse2023-05-0122 07960967 2023-05-01 2024-04-30 07960967 2022-05-01 2023-04-30 07960967 2024-04-30 07960967 2023-04-30 07960967 c:Director2 2023-05-01 2024-04-30 07960967 d:CurrentFinancialInstruments 2024-04-30 07960967 d:CurrentFinancialInstruments 2023-04-30 07960967 d:CurrentFinancialInstruments d:WithinOneYear 2024-04-30 07960967 d:CurrentFinancialInstruments d:WithinOneYear 2023-04-30 07960967 d:ShareCapital 2024-04-30 07960967 d:ShareCapital 2023-04-30 07960967 d:SharePremium 2024-04-30 07960967 d:SharePremium 2023-04-30 07960967 d:CapitalRedemptionReserve 2024-04-30 07960967 d:CapitalRedemptionReserve 2023-04-30 07960967 d:RetainedEarningsAccumulatedLosses 2024-04-30 07960967 d:RetainedEarningsAccumulatedLosses 2023-04-30 07960967 c:FRS102 2023-05-01 2024-04-30 07960967 c:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 07960967 c:FullAccounts 2023-05-01 2024-04-30 07960967 c:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 07960967 6 2023-05-01 2024-04-30 07960967 e:PoundSterling 2023-05-01 2024-04-30 iso4217:GBP xbrli:pure

Registered number: 07960967










HGV SPARES LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 APRIL 2024

 
HGV SPARES LIMITED
REGISTERED NUMBER: 07960967

BALANCE SHEET
AS AT 30 APRIL 2024

2024
2023
Note
£
£

Fixed assets
  

Investments
 4 
1,447,728
1,358,047

  
1,447,728
1,358,047

Current assets
  

Cash at bank and in hand
 5 
470
1,475

  
470
1,475

Creditors: amounts falling due within one year
 6 
(1,049,344)
(1,038,672)

Net current liabilities
  
 
 
(1,048,874)
 
 
(1,037,197)

Total assets less current liabilities
  
398,854
320,850

  

Net assets
  
398,854
320,850


Capital and reserves
  

Called up share capital 
  
151
151

Share premium account
  
50,000
50,000

Capital redemption reserve
  
49
49

Profit and loss account
  
348,654
270,650

  
398,854
320,850


Page 1

 
HGV SPARES LIMITED
REGISTERED NUMBER: 07960967
    
BALANCE SHEET (CONTINUED)
AS AT 30 APRIL 2024

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

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

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 17 January 2025.




Thomas Mark Williams
Director

The notes on pages 3 to 5 form part of these financial statements.

Page 2

 
HGV SPARES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

1.


General information

HGV Spares Limited is a private company, limited by shares, registered in England and Wales.
The company's registered office address is as below:
MHA  House
Charter Court
Phoenix Way
Swansea Enterprise Park
Swansea
Wales
SA7 9FS

The presentation currency of the financial statements is the Pound Sterling (£).
Monetary amounts in these financial statements are rounded to the nearest (£).

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Valuation of investments

Investments in unlisted Company shares, whose market value can be reliably determined, are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in the Statement of comprehensive income for the period.

Investments in subsidiaries are measured at cost less accumulated impairment.

Investments in listed company shares are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in profit or loss for the period.

 
2.3

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.4

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Page 3

 
HGV SPARES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

2.Accounting policies (continued)

 
2.5

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees

The average monthly number of employees, including directors, during the year was 2 (2023 - 2).


4.


Fixed asset investments





Investments in subsidiary companies

£



Cost or valuation


At 1 May 2023
1,358,047


Revaluations
89,681



At 30 April 2024
1,447,728





5.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
470
1,475

470
1,475


Page 4

 
HGV SPARES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Amounts owed to group undertakings
1,046,719
957,599

Other creditors
-
78,573

Accruals and deferred income
2,625
2,500

1,049,344
1,038,672


 
Page 5