HOUGHTON LODGE LIMITED

Company Registration Number:
11139964 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2024

Period of accounts

Start date: 1 October 2022

End date: 31 March 2024

HOUGHTON LODGE LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2024

Balance sheet
Additional notes
Balance sheet notes

HOUGHTON LODGE LIMITED

Balance sheet

As at 31 March 2024

Notes 18 months to 31 March 2024 2022


£

£
Fixed assets
Tangible assets: 3 19,466 21,887
Total fixed assets: 19,466 21,887
Current assets
Debtors: 4 108,118 82,007
Cash at bank and in hand: 12,998 31,899
Total current assets: 121,116 113,906
Creditors: amounts falling due within one year: 5 ( 80,705 ) ( 91,132 )
Net current assets (liabilities): 40,411 22,774
Total assets less current liabilities: 59,877 44,661
Provision for liabilities: ( 3,698 ) ( 4,158 )
Total net assets (liabilities): 56,179 40,503
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 56,079 40,403
Total Shareholders' funds: 56,179 40,503

The notes form part of these financial statements

HOUGHTON LODGE LIMITED

Balance sheet statements

For the year ending 31 March 2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 31 January 2025
and signed on behalf of the board by:

Name: D R Busk
Status: Director

The notes form part of these financial statements

HOUGHTON LODGE LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for services rendered in the period. Revenue from the rendering of services is recognised according to the stage of completion of the service transaction at the end of the reporting period.

    Tangible fixed assets depreciation policy

    Tangible assets are initially recorded at cost and subsequently stated at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its residual value, over the useful economic life of that asset of 5-10 years. If there is an indication that there has been a significant change in depreciation rate, useful life or residual value, the depreciation is revised prospectively to reflect the new estimates.

    Other accounting policies

    Taxation The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to be paid or recovered using the tax rates and laws that have been enacted or substantively enacted at the reporting date. Deferred tax is recognised in respect of all timing differences at the reporting date. However unrelieved tax losses 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference. Defined contribution pension plans Contributions to defined contribution pension plans are recognised as an expense in the period in which the related service is provided.

HOUGHTON LODGE LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 2. Employees

    18 months to 31 March 2024 2022
    Average number of employees during the period 2 2

HOUGHTON LODGE LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 October 2022 31,555 31,555
Additions 3,635 3,635
Disposals
Revaluations
Transfers
At 31 March 2024 35,190 35,190
Depreciation
At 1 October 2022 9,668 9,668
Charge for year 6,056 6,056
On disposals
Other adjustments
At 31 March 2024 15,724 15,724
Net book value
At 31 March 2024 19,466 19,466
At 30 September 2022 21,887 21,887

HOUGHTON LODGE LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

4. Debtors

18 months to 31 March 2024 2022
£ £
Trade debtors 200
Other debtors 108,118 81,807
Total 108,118 82,007

HOUGHTON LODGE LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

5. Creditors: amounts falling due within one year note

18 months to 31 March 2024 2022
£ £
Trade creditors 1,011 3,489
Taxation and social security 4,137 4,693
Other creditors 75,557 82,950
Total 80,705 91,132