IRIS Accounts Production v24.3.2.46 00426908 Board of Directors 1.6.23 31.5.24 31.5.24 false true false false true false Fair value model iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh004269082023-05-31004269082024-05-31004269082023-06-012024-05-31004269082022-05-31004269082022-06-012023-05-31004269082023-05-3100426908ns15:EnglandWales2023-06-012024-05-3100426908ns14:PoundSterling2023-06-012024-05-3100426908ns10:Director12023-06-012024-05-3100426908ns10:PrivateLimitedCompanyLtd2023-06-012024-05-3100426908ns10:SmallEntities2023-06-012024-05-3100426908ns10:AuditExempt-NoAccountantsReport2023-06-012024-05-3100426908ns10:SmallCompaniesRegimeForDirectorsReport2023-06-012024-05-3100426908ns10:SmallCompaniesRegimeForAccounts2023-06-012024-05-3100426908ns10:AbridgedAccounts2023-06-012024-05-3100426908ns10:Director22023-06-012024-05-3100426908ns10:Director32023-06-012024-05-3100426908ns10:Director42023-06-012024-05-3100426908ns10:CompanySecretary12023-06-012024-05-3100426908ns10:RegisteredOffice2023-06-012024-05-3100426908ns5:CurrentFinancialInstruments2024-05-3100426908ns5:CurrentFinancialInstruments2023-05-3100426908ns5:ShareCapital2024-05-3100426908ns5:ShareCapital2023-05-3100426908ns5:SharePremium2024-05-3100426908ns5:SharePremium2023-05-3100426908ns5:FurtherSpecificReserve3ComponentTotalEquity2024-05-3100426908ns5:FurtherSpecificReserve3ComponentTotalEquity2023-05-3100426908ns5:RetainedEarningsAccumulatedLosses2024-05-3100426908ns5:RetainedEarningsAccumulatedLosses2023-05-3100426908ns5:FurtherSpecificReserve3ComponentTotalEquity2023-05-31
REGISTERED NUMBER: 00426908 (England and Wales)












DONALD HUMBERSTONE & COMPANY LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2024






DONALD HUMBERSTONE & COMPANY LIMITED (REGISTERED NUMBER: 00426908)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024










Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


DONALD HUMBERSTONE & COMPANY LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MAY 2024







DIRECTORS: Mrs J W Humberstone
K E Humberstone
M R Humberstone
I P Humberstone





SECRETARY: Mrs J W Humberstone





REGISTERED OFFICE: "Highfields"
22 St Mary's Lane
Louth
Lincolnshire
LN11 0DT





REGISTERED NUMBER: 00426908 (England and Wales)





ACCOUNTANTS: Dexter & Sharpe (Louth)
Chartered Certified Accountants
1 Eastgate
Louth
Lincolnshire
LN11 9NB

DONALD HUMBERSTONE & COMPANY LIMITED (REGISTERED NUMBER: 00426908)

ABRIDGED BALANCE SHEET
31 MAY 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Investments 3 - -
Investment property 4 300,000 300,000
300,000 300,000

CURRENT ASSETS
Debtors 1,305 1,363
Cash at bank 108,217 107,584
109,522 108,947
CREDITORS
Amounts falling due within one year 39,928 34,448
NET CURRENT ASSETS 69,594 74,499
TOTAL ASSETS LESS CURRENT
LIABILITIES

369,594

374,499

PROVISIONS FOR LIABILITIES 31,004 31,004
NET ASSETS 338,590 343,495

CAPITAL AND RESERVES
Called up share capital 20,950 20,950
Share premium 950 950
Fair value reserve 5 188,423 188,423
Retained earnings 128,267 133,172
SHAREHOLDERS' FUNDS 338,590 343,495

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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.

DONALD HUMBERSTONE & COMPANY LIMITED (REGISTERED NUMBER: 00426908)

ABRIDGED BALANCE SHEET - continued
31 MAY 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 Balance Sheet for the year ended 31 May 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 21 February 2025 and were signed on its behalf by:





Mrs J W Humberstone - Director


DONALD HUMBERSTONE & COMPANY LIMITED (REGISTERED NUMBER: 00426908)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024


1. 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 as modified by the revaluation of certain assets.

Turnover
The turnover shown in the income statement represents rents falling due during the year.

Investment property
Investment property is shown at fair value at the balance sheet date. Any aggregate surplus or deficit arising from changes in fair value is recognised in the fair value reserve.

2. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

3. FIXED ASSET INVESTMENTS

The investment held was disposed of last year, and the company held no fixed asset investments at 31 May 2023 or 31 May 2024.

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 June 2023
and 31 May 2024 300,000
NET BOOK VALUE
At 31 May 2024 300,000
At 31 May 2023 300,000

Fair value at 31 May 2024 is represented by:
£   
Valuation in 2011 144,427
Valuation in 2020 25,000
Valuation in 2021 50,000
Cost 80,573
300,000

If the investment property had not been revalued it would have been included at the following historical cost:

2024 2023
£    £   
Cost 80,573 80,573

The investment property was valued on an open market basis on 31 May 2023 by the directors .

DONALD HUMBERSTONE & COMPANY LIMITED (REGISTERED NUMBER: 00426908)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MAY 2024


5. RESERVES
Fair
value
reserve
£   
At 1 June 2023
and 31 May 2024 188,423