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REGISTERED NUMBER: 12793369 (England and Wales)















HAZELTON DEVELOPMENTS (MONMOUTHSHIRE)
LIMITED

FINANCIAL STATEMENTS

FOR THE PERIOD 1ST APRIL 2023 TO 30TH JUNE 2024






HAZELTON DEVELOPMENTS (MONMOUTHSHIRE)
LIMITED (REGISTERED NUMBER: 12793369)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 1ST APRIL 2023 TO 30TH JUNE 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


HAZELTON DEVELOPMENTS (MONMOUTHSHIRE)
LIMITED

COMPANY INFORMATION
FOR THE PERIOD 1ST APRIL 2023 TO 30TH JUNE 2024







DIRECTORS: C Jones
S M Stone





REGISTERED OFFICE: The Old Heritage Brickwork
Caldicot Road
Rogiet
Monmouthshire
NP26 3TF





REGISTERED NUMBER: 12793369 (England and Wales)





ACCOUNTANTS: Green & Co
Chartered Certified Accountants
Pembroke House
Llantarnam Park Way
Cwmbran
Torfaen
NP44 3AU

HAZELTON DEVELOPMENTS (MONMOUTHSHIRE)
LIMITED (REGISTERED NUMBER: 12793369)

BALANCE SHEET
30TH JUNE 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 23,668 46,530

CURRENT ASSETS
Stocks 434,959 644,553
Debtors 5 32,045 5,414
Cash at bank - 1,378
467,004 651,345
CREDITORS
Amounts falling due within one year 6 249,551 537,732
NET CURRENT ASSETS 217,453 113,613
TOTAL ASSETS LESS CURRENT
LIABILITIES

241,121

160,143

PROVISIONS FOR LIABILITIES 5,917 5,257
NET ASSETS 235,204 154,886

CAPITAL AND RESERVES
Called up share capital 8 2 2
Retained earnings 235,202 154,884
SHAREHOLDERS' FUNDS 235,204 154,886

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30th June 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 30th June 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.

HAZELTON DEVELOPMENTS (MONMOUTHSHIRE)
LIMITED (REGISTERED NUMBER: 12793369)

BALANCE SHEET - continued
30TH JUNE 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 Profit and Loss has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 10th January 2025 and were signed on its behalf by:





S M Stone - Director


HAZELTON DEVELOPMENTS (MONMOUTHSHIRE)
LIMITED (REGISTERED NUMBER: 12793369)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 1ST APRIL 2023 TO 30TH JUNE 2024

1. STATUTORY INFORMATION

Hazelton Developments (Monmouthshire) 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 20% on reducing balance

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Profit and Loss, 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 period 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.

HAZELTON DEVELOPMENTS (MONMOUTHSHIRE)
LIMITED (REGISTERED NUMBER: 12793369)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1ST APRIL 2023 TO 30TH JUNE 2024

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Plant and
machinery
£   
COST
At 1st April 2023 70,500
Additions 5,500
Disposals (32,500 )
At 30th June 2024 43,500
DEPRECIATION
At 1st April 2023 23,970
Charge for period 6,912
Eliminated on disposal (11,050 )
At 30th June 2024 19,832
NET BOOK VALUE
At 30th June 2024 23,668
At 31st March 2023 46,530

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 472 2
Crownhill Topsoil & Aggregates
Limited 16,368 -
Directors' current accounts 14,490 -
VAT - 2,790
Prepayments 715 2,622
32,045 5,414

HAZELTON DEVELOPMENTS (MONMOUTHSHIRE)
LIMITED (REGISTERED NUMBER: 12793369)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1ST APRIL 2023 TO 30TH JUNE 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 228 -
Other loans 192,674 350,000
Trade creditors 9,190 17,737
Corporation Tax 25,403 34,742
Social security and other taxes 7,031 10,432
VAT 1,729 -
Southbrook Developments 4,740 4,740
Crownhill Topsoil & Aggregates
Limited - 103,295
Directors' current accounts 6,234 14,614
Accrued expenses 2,322 2,172
249,551 537,732

7. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Other loans 192,674 350,000

The loan is secured against the plots of land being developed.

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
2 Ordinary £1 2 2

9. RELATED PARTY DISCLOSURES

At the year end 30 June 2024, the company owed Southbrook Developments Ltd £4,740 a company under the control of S Stone (2023: £4,740).

At the year end 30 June 2024 the company was owed £16,368 by Crownhill Topsoil & Aggregates Limited a company in which S Stone is a director (2023: £103,295 owed to Crownhill Topsoil & Aggregates Limited).

At the year end 30 June 2024, the company was owed £14,490 by the director Mr C Jones (2023: £8,380 owed to C Jones).

At the year end 30 June 2024, the company owed £6,234 to the director Mr S Stone (2023: £6,234).