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REGISTERED NUMBER: 03075104 (England and Wales)










UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2024

FOR

HARTBRIGHTS LIMITED

HARTBRIGHTS LIMITED (REGISTERED NUMBER: 03075104)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 30 April 2024




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


HARTBRIGHTS LIMITED

COMPANY INFORMATION
for the Year Ended 30 April 2024







DIRECTORS: Mr W Rae
Mr V J O'Brien
Mr K M Kaaba
Mr P G Evans





SECRETARY: Mr V J O'Brien





REGISTERED OFFICE: Leltex House
Longley Lane
Sharston
Manchester
Greater Manchester
M22 4SY





REGISTERED NUMBER: 03075104 (England and Wales)





ACCOUNTANTS: Moss & Williamson Limited
Chartered Accountants
3 Mellor Road
Cheadle Hulme
Cheadle
Cheshire
SK8 5AT

HARTBRIGHTS LIMITED (REGISTERED NUMBER: 03075104)

ABRIDGED BALANCE SHEET
30 April 2024

2024 2023
Notes £    £   
FIXED ASSETS
Intangible assets 5 7,575 9,405
Tangible assets 6 250,568 304,448
258,143 313,853

CURRENT ASSETS
Stocks 19,897 15,663
Debtors 1,033,405 951,864
Cash at bank and in hand 528,683 432,458
1,581,985 1,399,985
CREDITORS
Amounts falling due within one year (635,227 ) (547,528 )
NET CURRENT ASSETS 946,758 852,457
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,204,901

1,166,310

CREDITORS
Amounts falling due after more than one
year

7

(22,447

)

(12,306

)

PROVISIONS FOR LIABILITIES (61,071 ) (74,271 )
NET ASSETS 1,121,383 1,079,733

CAPITAL AND RESERVES
Called up share capital 200 200
Capital redemption reserve 9,900 9,900
Retained earnings 1,111,283 1,069,633
SHAREHOLDERS' FUNDS 1,121,383 1,079,733

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.

HARTBRIGHTS LIMITED (REGISTERED NUMBER: 03075104)

ABRIDGED BALANCE SHEET - continued
30 April 2024


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 Income Statement and an abridged Balance Sheet for the year ended 30 April 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 27 January 2025 and were signed on its behalf by:





Mr V J O'Brien - Director


HARTBRIGHTS LIMITED (REGISTERED NUMBER: 03075104)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 30 April 2024

1. STATUTORY INFORMATION

Hartbrights 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. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
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.

Computer software
Capitalised computer software is initially measured at cost. After initial recognition, capitalised computer software is measured at cost less accumulated amortisation and any accumulated impairment losses.

Capitalised computer software is being amortised over its estimated useful life of 10 years.

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

Plant and machinery etc. - 33% on cost, 25% on cost, 25% on reducing balance and 10% on cost.
Improvements to leasehold property - 5% 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 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.

HARTBRIGHTS LIMITED (REGISTERED NUMBER: 03075104)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 April 2024

3. ACCOUNTING POLICIES - continued

Research and development
Expenditure on research and development is written off in the year in which it is incurred.


Pension costs and other post-retirement benefits
The company contributes to the personal pension plans of directors. Contributions payable are charged to the profit and loss account in the period to which they relate.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 16 (2023 - 16 ) .

5. INTANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 May 2023
and 30 April 2024 18,300
AMORTISATION
At 1 May 2023 8,895
Amortisation for year 1,830
At 30 April 2024 10,725
NET BOOK VALUE

At 30 April 2024 7,575
At 30 April 2023 9,405

6. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 May 2023 926,216
Additions 2,650
At 30 April 2024 928,866
DEPRECIATION
At 1 May 2023 621,768
Charge for year 56,530
At 30 April 2024 678,298
NET BOOK VALUE
At 30 April 2024 250,568
At 30 April 2023 304,448

HARTBRIGHTS LIMITED (REGISTERED NUMBER: 03075104)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 April 2024

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN FIVE
YEARS
2024 2023
£    £   
Repayable otherwise than by instalments
Bank loans more 5 yrs non-inst 10,080 (10,066 )

8. RELATED PARTY DISCLOSURES

During the year the following transactions took place between the company and component members of the Longworth (UK) Limited group of companies, which is associated with Hartbrights Limited by common ownership.

Sales to:
Longworth Limited £1,250
M G Safety Limited £Nil

Purchases from:
Longworth Limited £2,209

Loan account

Owed by Longworth Limited £525,954
Owed to MG Safety Limited £7660


Management charges payable to:
Longworth Limited £20,000

Amount due to Hartbrights Limited at 30 April 2024 from the Longworth (UK) Limited group £972

All transactions were on a normal commercial basis.

9. ULTIMATE CONTROLLING PARTY

The controlling party is Mr W Rae.

The ultimate controlling party is Mr W Rae.