2023-07-01 03043918 2024-06-30 03043918 2023-07-01 2024-06-30 03043918 2023-06-30 03043918 2022-07-01 2023-06-30 03043918 uk-core:WithinOneYear 2023-06-30 03043918 uk-core:WithinOneYear 2024-06-30 03043918 uk-core:AfterOneYear 2023-06-30 03043918 uk-core:AfterOneYear 2024-06-30 03043918 uk-core:ShareCapital 2024-06-30 03043918 uk-core:ShareCapital 2023-06-30 03043918 uk-core:RevaluationReserve 2024-06-30 03043918 uk-core:RevaluationReserve 2023-06-30 03043918 uk-core:RetainedEarningsAccumulatedLosses 2024-06-30 03043918 uk-core:RetainedEarningsAccumulatedLosses 2023-06-30 03043918 uk-bus:Director1 2023-07-01 2024-06-30 03043918 uk-core:CommercialMotorVehicles 2023-07-01 2024-06-30 03043918 uk-core:CommercialMotorVehicles 2023-06-30 03043918 uk-core:Buildings 2023-06-30 03043918 uk-core:Buildings 2023-07-01 2024-06-30 03043918 uk-core:Buildings 2024-06-30 03043918 uk-core:CommercialMotorVehicles 2024-06-30 03043918 uk-core:WithinOneYear uk-core:Secured 2024-06-30 03043918 uk-core:WithinOneYear uk-core:Secured 2023-06-30 03043918 uk-core:WithinOneYear 2024-06-30 03043918 uk-core:WithinOneYear 2023-06-30 iso4217:GBP xbrli:pure 03043918 uk-bus:AuditExemptWithAccountantsReport 2023-07-01 2024-06-30 03043918 uk-bus:FRS102 2023-07-01 2024-06-30 03043918 uk-bus:FilletedAccounts 2023-07-01 2024-06-30 03043918 uk-bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30
Hallfare Limited
Registered Number:03043918
For the year ended 30 June 2024
England and Wales
Unaudited Financial Statements
2
For the year ended 30 June 2024
Hallfare Limited
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
3
Registered Number :
03043918
As at 30 June 2024
Hallfare Limited
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Property, plant and equipment
1,530,481
1,555,536
2
1,530,481
1,555,536
Current assets
Trade and other receivables
33,707
46,020
3
500
Cash and cash equivalents
37
46,057
34,207
Trade and other payables: amounts falling due within one
year
(641,964)
(645,521)
4
(607,757)
(599,464)
Net current liabilities
Total assets less current liabilities
931,017
947,779
Trade and other payables: amounts falling due after more
than one year
(448,449)
(435,702)
5
495,315
Net assets
499,330
Capital and reserves
Called up share capital
2
2
Revaluation reserve
363,421
363,421
6
Retained earnings
131,892
135,907
495,315
499,330
Shareholders' funds
For the year ended 30 June 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 of its financial statements for the year ended 30 June 2024 in accordance with Section 476 of the Companies Act 2006
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Mr James Turner-Small Director
These financial statements were approved and authorised for issue by the Board on 26 March 2025 and were signed by:
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4
Registered Number :
03043918
For the year ended 30 June 2024
Hallfare Limited
Statement of Financial Position Continued
The notes form part of these financial statements
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5
For the year ended 30 June 2024
Hallfare Limited
Notes to the Financial Statements
Statutory Information
Hallfare Limited is a private limited company, limited by shares, domiciled in England and Wales, registration number
03043918.
Registered address:
Hertfordshire Auctions
Porters Wood Ind Estate, Valley Road
St Albans
Herts
AL3 6PQ
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
25% Reducing balance
Motor vehicles
2. Property, plant and equipment
Total
Motor vehicles
Land and
buildings
£
£
£
Cost or
valuation
At 01 July 2023
1,574,048
74,047
1,500,001
(19,861)
-
Disposals
(19,861)
At 30 June 2024
1,500,001
54,186
1,554,187
Provision for depreciation and impairment
At 01 July 2023
18,512
18,512
-
Charge for year
10,160
10,160
-
(4,966)
(4,966)
-
On disposal
At 30 June 2024
23,706
23,706
-
At 30 June 2024
Net book value
1,500,001
30,480
1,530,481
At 30 June 2023
1,500,001
55,535
1,555,536
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6
For the year ended 30 June 2024
Hallfare Limited
Notes to the Financial Statements Continued
3. Trade and other receivables
2023
2024
£
£
Trade debtors
14,809
2,354
Other debtors
31,211
31,353
33,707
46,020
4. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Bank loans and overdraft (secured)
387,055
362,377
Bank loans and overdraft
2,203
-
Trade creditors
11,817
23,068
Taxation and social security
8,343
-
Other creditors
236,103
256,519
645,521
641,964
5. Trade and other payables: amounts falling due after more than one year
2023
2024
£
£
Bank loans and overdraft (secured)
424,143
413,132
Other creditors
11,559
35,317
435,702
448,449
6. Reserves
Total
£
Revaluation reserve at 01 July 2023
363,421
363,421
Revaluation reserve at 30 June 2024
7. Average number of persons employed
During the year the average number of employees was 0
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