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REGISTERED NUMBER: 01047853 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2024

FOR

A J HASSELL LIMITED

A J HASSELL LIMITED (REGISTERED NUMBER: 01047853)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Accountants' Report 6

A J HASSELL LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JULY 2024







DIRECTORS: Mrs R J Hassell
Mrs A J Holder
Mr A Hassell





SECRETARY: Mrs R J Hassell





REGISTERED OFFICE: Pitfield Barn
Wartling Road
Wartling
East Sussex
BN27 1RR





REGISTERED NUMBER: 01047853 (England and Wales)





ACCOUNTANTS: Ashdown Hurrey
Chartered Accountants & Business Advisers
20 Havelock Road
Hastings
East Sussex
TN34 1BP

A J HASSELL LIMITED (REGISTERED NUMBER: 01047853)

BALANCE SHEET
31 JULY 2024

31.7.24 31.7.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 - -
Investments 5 1,010,875 863,392
1,010,875 863,392

CURRENT ASSETS
Cash at bank 789,733 798,149

CREDITORS
Amounts falling due within one year 6 18,262 43,000
NET CURRENT ASSETS 771,471 755,149
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,782,346

1,618,541

CAPITAL AND RESERVES
Called up share capital 4,502 4,502
Revaluation reserve 7 94,711 (60,407 )
Retained earnings 1,683,133 1,674,446
SHAREHOLDERS' FUNDS 1,782,346 1,618,541

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 5 March 2025 and were signed on its behalf by:




Mrs R J Hassell - Director



Mr A Hassell - Director


A J HASSELL LIMITED (REGISTERED NUMBER: 01047853)

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

1. STATUTORY INFORMATION

A J Hassell 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. 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.

In preparing the financial statements, the directors are required to make an assessment of the ability of the company to continue as a going concern.

During the current and previous year there has been no civil engineering or property development income. The company holds investments in shares.

The directors have considered all available evidence for the company which covers the 12 month period from the date of signing these financial statements.The directors are satisfied that the company has adequate resources to continue in operational existence and to meet its liabilities as they fall due for the foreseeable future. As a result, the directors have concluded that it remains appropriate to adopt a going concern basis of preparation in these financial statements.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Motor vehicles - 25% on reducing balance

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.

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 August 2023
and 31 July 2024 48,314
DEPRECIATION
At 1 August 2023
and 31 July 2024 48,314
NET BOOK VALUE
At 31 July 2024 -

A J HASSELL LIMITED (REGISTERED NUMBER: 01047853)

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

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST OR VALUATION
At 1 August 2023 863,392
Revaluations 147,483
At 31 July 2024 1,010,875
NET BOOK VALUE
At 31 July 2024 1,010,875
At 31 July 2023 863,392

Cost or valuation at 31 July 2024 is represented by:

Other
investments
£   
Valuation in 2015 40,997
Valuation in 2016 (15,315 )
Valuation in 2017 28,675
Valuation in 2018 26,339
Valuation in 2019 (67,842 )
Valuation in 2020 (61,768 )
Valuation in 2021 220,690
Valuation in 2022 (182,929 )
Valuation in 2023 (41,619 )
Valuation in 2024 147,483
Cost 916,164
1,010,875

If fixed asset investments had not been revalued they would have been included at the following historical cost:

31.7.24 31.7.23
£    £   
Cost 916,164 923,799

Fixed asset investments were valued on an open market value basis on 31 July 2024 by Hargreaves Lansdown Asset Management Ltd .

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Taxation and social security 12,170 1,906
Other creditors 6,092 41,094
18,262 43,000

A J HASSELL LIMITED (REGISTERED NUMBER: 01047853)

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

7. RESERVES
Revaluation
reserve
£   
At 1 August 2023 (60,407 )
Revaluation of investments 147,483
Realisation of revalued amount 7,635

At 31 July 2024 94,711

8. RELATED PARTY DISCLOSURES

The directors are owed £3,994 as at the year end. No interest was charged and the amount is repayable upon demand.



ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
A J HASSELL LIMITED

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of A J Hassell Limited for the year ended 31 July 2024 which comprise the Income Statement, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of A J Hassell Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of A J Hassell Limited and state those matters that we have agreed to state to the Board of Directors of A J Hassell Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than A J Hassell Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that A J Hassell Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of A J Hassell Limited. You consider that A J Hassell Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of A J Hassell Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Ashdown Hurrey
Chartered Accountants & Business Advisers
20 Havelock Road
Hastings
East Sussex
TN34 1BP


5 March 2025