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Company Registration No. 5309861 (England and Wales)
Hazelgrove Upholstery Ltd Unaudited accounts for the year ended 31 March 2024
Hazelgrove Upholstery Ltd Unaudited accounts Contents
Page
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Hazelgrove Upholstery Ltd Company Information for the year ended 31 March 2024
Directors
Ryan Beales Dale Litchfield
Company Number
5309861 (England and Wales)
Registered Office
Hazelgrove Upholstery Ltd Unit 6 Shipley Court Ilkeston Derbyshire DE7 8EF GBR
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Hazelgrove Upholstery Ltd Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
22,235 
18,584 
Current assets
Inventories
47,297 
60,197 
Debtors
111,031 
92,215 
Cash at bank and in hand
28,524 
65,684 
186,852 
218,096 
Creditors: amounts falling due within one year
(371,788)
(329,068)
Net current liabilities
(184,936)
(110,972)
Net liabilities
(162,701)
(92,388)
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
(162,703)
(92,390)
Shareholders' funds
(162,701)
(92,388)
For the year ending 31 March 2024 the company was entitled to exemption from audit 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 31 December 2024 and were signed on its behalf by
Dale Litchfield Director Company Registration No. 5309861
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Hazelgrove Upholstery Ltd Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
Hazelgrove Upholstery Ltd is a private company, limited by shares, registered in England and Wales, registration number 5309861. The registered office is Hazelgrove Upholstery Ltd, Unit 6 Shipley Court, Ilkeston, Derbyshire, DE7 8EF, GBR.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% Reducing Balance
Motor vehicles
25% Reducing Balance
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 April 2023
26,555 
9,500 
6,688 
42,743 
At 31 March 2024
26,555 
9,500 
6,688 
42,743 
Depreciation
At 1 April 2023
20,645 
2,375 
1,139 
24,159 
Charge for the year
(886)
(1,656)
(1,109)
(3,651)
At 31 March 2024
19,759 
719 
30 
20,508 
Net book value
At 31 March 2024
6,796 
8,781 
6,658 
22,235 
At 31 March 2023
5,910 
7,125 
5,549 
18,584 
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Hazelgrove Upholstery Ltd Notes to the Accounts for the year ended 31 March 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
44,645 
39,946 
Accrued income and prepayments
14,378 
9,675 
Other debtors
3,500 
- 
62,523 
49,621 
Amounts falling due after more than one year
Other debtors
48,508 
42,594 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
13,693 
14,755 
VAT
56,525 
45,829 
Trade creditors
221,200 
214,186 
Taxes and social security
22,790 
33,791 
Other creditors
41,139 
4,031 
Accruals
16,441 
16,476 
371,788 
329,068 
7
Average number of employees
During the year the average number of employees was 18 (2023: 18).
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