REGISTERED NUMBER: |
HECTOR DEVELOPMENTS LIMITED |
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2024 |
REGISTERED NUMBER: |
HECTOR DEVELOPMENTS LIMITED |
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2024 |
HECTOR DEVELOPMENTS LIMITED (REGISTERED NUMBER: 09320792) |
CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31 MAY 2024 |
Page |
Balance Sheet | 1 |
HECTOR DEVELOPMENTS LIMITED (REGISTERED NUMBER: 09320792) |
BALANCE SHEET |
31 MAY 2024 |
31.5.24 | 31.5.23 |
£ | £ |
CURRENT ASSETS |
CREDITORS |
Amounts falling due within one year | ( |
) | ( |
) |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CAPITAL AND RESERVES |
NOTES TO THE FINANCIAL STATEMENTS |
1. | STATUTORY INFORMATION |
Hector Developments Limited is a |
Registered number: |
Registered office: |
2. | BASIS OF PREPARATION THE FINANCIAL STATEMENTS |
The company has ceased trading May 2020. The directors have indicated their intention to liquidate the company. Accordingly the financial statements are prepared on a basis other than that of a going concern. The financial statements have been prepared on a break-up basis at the year end. In adopting the break-up basis at the year end the following policies and procedures were implemented. |
- all assets have been disclosed at values at which they are expected to be realised |
- all liabilities reflect the full amount at which they are expected to materialise |
Due to the reasons mentioned above, the directors consider it inappropriate to prepare the financial statements on a going concern basis and therefore the directors have prepared these financial statements on a break-up basis as set out above under the basis of preparation. |
3. | AVERAGE NUMBER OF EMPLOYEES |
The average number of employees during the year was NIL (2023 - NIL). |
4. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES |
At the reporting date, the company directors owed the company £280,725 (2023: £280,870). The directors intend to dissolve the company and utilise reserves to settle their liabilities. |
HECTOR DEVELOPMENTS LIMITED (REGISTERED NUMBER: 09320792) |
BALANCE SHEET - continued |
31 MAY 2024 |
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 were approved by the Board of Directors and authorised for issue on |