IRIS Accounts Production v24.3.2.46 04119808 Board of Directors Board of Directors Board of Directors Board of Directors 1.11.23 31.10.24 31.10.24 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh041198082023-10-31041198082024-10-31041198082023-11-012024-10-31041198082022-10-31041198082022-11-012023-10-31041198082023-10-3104119808ns15:EnglandWales2023-11-012024-10-3104119808ns14:PoundSterling2023-11-012024-10-3104119808ns10:Director12023-11-012024-10-3104119808ns10:Director22023-11-012024-10-3104119808ns10:Director32023-11-012024-10-3104119808ns10:Director42023-11-012024-10-3104119808ns10:PrivateLimitedCompanyLtd2023-11-012024-10-3104119808ns10:SmallEntities2023-11-012024-10-3104119808ns10:AuditExempt-NoAccountantsReport2023-11-012024-10-3104119808ns10:SmallCompaniesRegimeForDirectorsReport2023-11-012024-10-3104119808ns10:SmallCompaniesRegimeForAccounts2023-11-012024-10-3104119808ns10:FullAccounts2023-11-012024-10-310411980812023-11-012024-10-3104119808ns10:CompanySecretary12023-11-012024-10-3104119808ns10:CompanySecretary22023-11-012024-10-3104119808ns10:RegisteredOffice2023-11-012024-10-3104119808ns5:CurrentFinancialInstruments2024-10-3104119808ns5:CurrentFinancialInstruments2023-10-3104119808ns5:Non-currentFinancialInstruments2024-10-3104119808ns5:Non-currentFinancialInstruments2023-10-3104119808ns5:ShareCapital2024-10-3104119808ns5:ShareCapital2023-10-3104119808ns5:RetainedEarningsAccumulatedLosses2024-10-3104119808ns5:RetainedEarningsAccumulatedLosses2023-10-3104119808ns5:NetGoodwill2023-11-012024-10-3104119808ns5:IntangibleAssetsOtherThanGoodwill2023-11-012024-10-3104119808ns5:LeaseholdImprovements2023-11-012024-10-3104119808ns5:PlantMachinery2023-11-012024-10-3104119808ns5:ComputerEquipment2023-11-012024-10-3104119808ns5:NetGoodwill2023-10-3104119808ns5:NetGoodwill2024-10-3104119808ns5:NetGoodwill2023-10-3104119808ns5:LeaseholdImprovements2023-10-3104119808ns5:PlantMachinery2023-10-3104119808ns5:ComputerEquipment2023-10-3104119808ns5:LeaseholdImprovements2024-10-3104119808ns5:PlantMachinery2024-10-3104119808ns5:ComputerEquipment2024-10-3104119808ns5:LeaseholdImprovements2023-10-3104119808ns5:PlantMachinery2023-10-3104119808ns5:ComputerEquipment2023-10-3104119808ns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2023-10-3104119808ns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2023-11-012024-10-3104119808ns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2024-10-3104119808ns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2023-10-3104119808ns5:WithinOneYearns5:CurrentFinancialInstruments2024-10-3104119808ns5:WithinOneYearns5:CurrentFinancialInstruments2023-10-31
REGISTERED NUMBER: 04119808 (England and Wales)










Unaudited Financial Statements

for the Year Ended 31 October 2024

for

HT Waste Recycling Limited

HT Waste Recycling Limited (Registered number: 04119808)






Contents of the Financial Statements
for the Year Ended 31 October 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


HT Waste Recycling Limited

Company Information
for the Year Ended 31 October 2024







DIRECTORS: B A Holloway
Mrs J F Holloway
D A Holloway
Miss B G Holloway





SECRETARIES: B A Holloway
Mrs J F Holloway





REGISTERED OFFICE: 90-92 High Street
Evesham
Worcestershire
WR11 4EU





REGISTERED NUMBER: 04119808 (England and Wales)





ACCOUNTANTS: Attwoods
Chartered Certified Accountants
90-92 High Street
Evesham
Worcestershire
WR11 4EU

HT Waste Recycling Limited (Registered number: 04119808)

Balance Sheet
31 October 2024

31.10.24 31.10.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 1,898,608 1,960,597
1,898,608 1,960,597

CURRENT ASSETS
Stocks 7,455 30,870
Debtors 6 448,881 424,821
Cash at bank and in hand 528,004 541,108
984,340 996,799
CREDITORS
Amounts falling due within one year 7 787,243 703,827
NET CURRENT ASSETS 197,097 292,972
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,095,705

2,253,569

CREDITORS
Amounts falling due after more than one
year

8

(190,563

)

(136,653

)

PROVISIONS FOR LIABILITIES (474,652 ) (490,149 )
NET ASSETS 1,430,490 1,626,767

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 1,430,390 1,626,667
1,430,490 1,626,767

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

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

HT Waste Recycling Limited (Registered number: 04119808)

Balance Sheet - continued
31 October 2024


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 13 March 2025 and were signed on its behalf by:




B A Holloway - Director Mrs J F Holloway - Director




D A Holloway - Director Miss B G Holloway - Director


HT Waste Recycling Limited (Registered number: 04119808)

Notes to the Financial Statements
for the Year Ended 31 October 2024

1. STATUTORY INFORMATION

HT Waste Recycling 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the aquisition of a business in 2000, has been amortised over its estimated useful life of 20 years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Improvements to property - 10% on cost
Plant and machinery - 13.5% on reducing balance
Office equipment - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets 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.

HT Waste Recycling Limited (Registered number: 04119808)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2024

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 43 (2023 - 47 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 November 2023
and 31 October 2024 15,000
AMORTISATION
At 1 November 2023
and 31 October 2024 15,000
NET BOOK VALUE
At 31 October 2024 -
At 31 October 2023 -

HT Waste Recycling Limited (Registered number: 04119808)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2024

5. TANGIBLE FIXED ASSETS
Improvements
to Plant and Office
property machinery equipment Totals
£    £    £    £   
COST
At 1 November 2023 289,396 4,273,280 47,264 4,609,940
Additions 29,069 401,075 4,801 434,945
Disposals - (259,037 ) - (259,037 )
At 31 October 2024 318,465 4,415,318 52,065 4,785,848
DEPRECIATION
At 1 November 2023 139,795 2,486,657 22,891 2,649,343
Charge for year 30,364 255,743 6,919 293,026
Eliminated on disposal - (55,129 ) - (55,129 )
At 31 October 2024 170,159 2,687,271 29,810 2,887,240
NET BOOK VALUE
At 31 October 2024 148,306 1,728,047 22,255 1,898,608
At 31 October 2023 149,601 1,786,623 24,373 1,960,597

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Plant and
machinery
£   
COST
At 1 November 2023 821,046
Additions 376,630
Transfer to ownership (422,336 )
At 31 October 2024 775,340
DEPRECIATION
At 1 November 2023 166,597
Charge for year 75,087
Transfer to ownership (94,781 )
At 31 October 2024 146,903
NET BOOK VALUE
At 31 October 2024 628,437
At 31 October 2023 654,449

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.24 31.10.23
£    £   
Trade debtors 416,181 306,452
Other debtors 15,134 95,490
Prepayments and accrued income 17,566 22,879
448,881 424,821

HT Waste Recycling Limited (Registered number: 04119808)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.24 31.10.23
£    £   
Hire purchase contracts 181,218 184,542
Trade creditors 227,844 155,856
Taxation 137,143 135,565
Social security and other taxes 22,291 20,005
VAT 151,893 145,436
Other creditors 69 -
Credit card 4,556 4,081
Accruals and deferred income 62,229 58,342
787,243 703,827

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.10.24 31.10.23
£    £   
Hire purchase contracts 190,563 136,653

9. CAPITAL COMMITMENTS
31.10.24 31.10.23
£    £   
Contracted but not provided for in the
financial statements 30,000 239,000

10. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

During the previous period a director, Mr D Holloway received an interest free loan of £51,150 to enable him to carry out his duties. The amount outstanding at the year-end was NIL (2023 - £51,150).