IRIS Accounts Production v24.3.0.553 08499356 Board of Directors Board of Directors 1.5.23 30.4.24 30.4.24 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh084993562023-04-30084993562024-04-30084993562023-05-012024-04-30084993562022-04-30084993562022-05-012023-04-30084993562023-04-3008499356ns15:EnglandWales2023-05-012024-04-3008499356ns14:PoundSterling2023-05-012024-04-3008499356ns10:Director12023-05-012024-04-3008499356ns10:Director22023-05-012024-04-3008499356ns10:PrivateLimitedCompanyLtd2023-05-012024-04-3008499356ns10:SmallEntities2023-05-012024-04-3008499356ns10:AuditExempt-NoAccountantsReport2023-05-012024-04-3008499356ns10:SmallCompaniesRegimeForDirectorsReport2023-05-012024-04-3008499356ns10:SmallCompaniesRegimeForAccounts2023-05-012024-04-3008499356ns10:FullAccounts2023-05-012024-04-300849935612023-05-012024-04-3008499356ns10:RegisteredOffice2023-05-012024-04-3008499356ns5:CurrentFinancialInstruments2024-04-3008499356ns5:CurrentFinancialInstruments2023-04-3008499356ns5:Non-currentFinancialInstruments2024-04-3008499356ns5:Non-currentFinancialInstruments2023-04-3008499356ns5:ShareCapital2024-04-3008499356ns5:ShareCapital2023-04-3008499356ns5:RetainedEarningsAccumulatedLosses2024-04-3008499356ns5:RetainedEarningsAccumulatedLosses2023-04-3008499356ns5:NetGoodwill2023-05-012024-04-3008499356ns5:IntangibleAssetsOtherThanGoodwill2023-05-012024-04-3008499356ns5:FurnitureFittings2023-05-012024-04-3008499356ns5:ComputerEquipment2023-05-012024-04-3008499356ns5:NetGoodwill2023-04-3008499356ns5:NetGoodwill2024-04-3008499356ns5:NetGoodwill2023-04-3008499356ns5:PlantMachinery2023-04-3008499356ns5:PlantMachinery2023-05-012024-04-3008499356ns5:PlantMachinery2024-04-3008499356ns5:PlantMachinery2023-04-3008499356ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-04-3008499356ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-04-3008499356ns5:Non-currentFinancialInstrumentsns5:AfterOneYear2024-04-3008499356ns5:Non-currentFinancialInstrumentsns5:AfterOneYear2023-04-30
REGISTERED NUMBER: 08499356 (England and Wales)















Unaudited Financial Statements

for the Year Ended 30 April 2024

for

Hartwright Commercials (Stourbridge) Ltd

Hartwright Commercials (Stourbridge) Ltd (Registered number: 08499356)






Contents of the Financial Statements
for the year ended 30 April 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Hartwright Commercials (Stourbridge) Ltd

Company Information
for the year ended 30 April 2024







DIRECTORS: A M Hart
N M Wright





REGISTERED OFFICE: Meryll House
57 Worcester Road
Bromsgrove
Worcestershire
B61 7DN





REGISTERED NUMBER: 08499356 (England and Wales)





ACCOUNTANTS: Pinfields Limited
Chartered Accountants
Meryll House
57 Worcester Road
Bromsgrove
Worcestershire
B61 7DN

Hartwright Commercials (Stourbridge) Ltd (Registered number: 08499356)

Balance Sheet
30 April 2024

30.4.24 30.4.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 1,687 902
1,687 902

CURRENT ASSETS
Stocks 457,896 624,959
Debtors: amounts falling due within one
year

6

107,832

14,259
Debtors: amounts falling due after more
than one year

6

160,000

-
Cash at bank 52,575 69,402
778,303 708,620
CREDITORS
Amounts falling due within one year 7 266,234 145,355
NET CURRENT ASSETS 512,069 563,265
TOTAL ASSETS LESS CURRENT
LIABILITIES

513,756

564,167

CREDITORS
Amounts falling due after more than one
year

8

(10,833

)

(20,833

)

PROVISIONS FOR LIABILITIES (422 ) (226 )
NET ASSETS 502,501 543,108

CAPITAL AND RESERVES
Called up share capital 4 4
Retained earnings 502,497 543,104
SHAREHOLDERS' FUNDS 502,501 543,108

Hartwright Commercials (Stourbridge) Ltd (Registered number: 08499356)

Balance Sheet - continued
30 April 2024


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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.

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

The financial statements were approved by the Board of Directors and authorised for issue on 3 October 2024 and were signed on its behalf by:




A M Hart - Director



N M Wright - Director


Hartwright Commercials (Stourbridge) Ltd (Registered number: 08499356)

Notes to the Financial Statements
for the year ended 30 April 2024

1. STATUTORY INFORMATION

Hartwright Commercials (Stourbridge) Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 2013, is being amortised evenly over its estimated useful life of five years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on reducing balance
Computer equipment - 33% on cost

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 Statement of Income and Retained Earnings, 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.

Hartwright Commercials (Stourbridge) Ltd (Registered number: 08499356)

Notes to the Financial Statements - continued
for the year ended 30 April 2024

2. ACCOUNTING POLICIES - continued

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 4 (2023 - 4 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 May 2023
and 30 April 2024 5,000
AMORTISATION
At 1 May 2023
and 30 April 2024 5,000
NET BOOK VALUE
At 30 April 2024 -
At 30 April 2023 -

Hartwright Commercials (Stourbridge) Ltd (Registered number: 08499356)

Notes to the Financial Statements - continued
for the year ended 30 April 2024

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 May 2023 8,554
Additions 1,665
At 30 April 2024 10,219
DEPRECIATION
At 1 May 2023 7,652
Charge for year 880
At 30 April 2024 8,532
NET BOOK VALUE
At 30 April 2024 1,687
At 30 April 2023 902

6. DEBTORS
30.4.24 30.4.23
£    £   
Amounts falling due within one year:
Trade debtors 57,517 14,101
Other debtors 50,315 158
107,832 14,259

Amounts falling due after more than one year:
Other debtors 160,000 -

Aggregate amounts 267,832 14,259

Hartwright Commercials (Stourbridge) Ltd (Registered number: 08499356)

Notes to the Financial Statements - continued
for the year ended 30 April 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Bank loans and overdrafts 10,000 10,000
Trade creditors 149,134 36,519
Taxation and social security 28,284 24,046
Other creditors 78,816 74,790
266,234 145,355

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
30.4.24 30.4.23
£    £   
Bank loans 10,833 20,833

9. RELATED PARTY DISCLOSURES

Included in other debtors greater than one year and other debtors within one year are balances totalling £250,000 due from a company under the control of a director of Hartwright Commercials (Stourbridge) Ltd.