HH Heswall Ltd 11662605 false 2023-04-01 2024-03-29 2024-03-29 The principal activity of the company is deveopment of building projects Digita Accounts Production Advanced 6.30.9574.0 true true true 11662605 2023-04-01 2024-03-29 11662605 2024-03-29 11662605 core:CurrentFinancialInstruments 2024-03-29 11662605 core:CurrentFinancialInstruments core:WithinOneYear 2024-03-29 11662605 core:Non-currentFinancialInstruments 2024-03-29 11662605 core:Non-currentFinancialInstruments core:AfterOneYear 2024-03-29 11662605 bus:SmallEntities 2023-04-01 2024-03-29 11662605 bus:AuditExemptWithAccountantsReport 2023-04-01 2024-03-29 11662605 bus:FilletedAccounts 2023-04-01 2024-03-29 11662605 bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-29 11662605 bus:RegisteredOffice 2023-04-01 2024-03-29 11662605 bus:Director1 2023-04-01 2024-03-29 11662605 bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-29 11662605 1 2023-04-01 2024-03-29 11662605 countries:AllCountries 2023-04-01 2024-03-29 11662605 2022-04-01 2023-03-31 11662605 2023-03-31 11662605 core:CurrentFinancialInstruments 2023-03-31 11662605 core:CurrentFinancialInstruments core:WithinOneYear 2023-03-31 11662605 core:Non-currentFinancialInstruments 2023-03-31 11662605 core:Non-currentFinancialInstruments core:AfterOneYear 2023-03-31 iso4217:GBP xbrli:pure

Registration number: 11662605

HH Heswall Ltd

Unaudited Filleted Financial Statements

for the Period from 1 April 2023 to 29 March 2024

 

HH Heswall Ltd

Contents

Company Information

1

Balance Sheet

2

Notes to the Unaudited Financial Statements

3 to 6

 

HH Heswall Ltd

Company Information

Director

Mr Jamie Blennerhassett

Registered office

17 Mann Island
Liverpool
L3 1BP

Accountants

G W Kelly & Company
Chartered Certified Accountants
3 Stadium Court
Plantation Road
Bromborough
Merseyside
CH62 3QG

 

HH Heswall Ltd

(Registration number: 11662605)
Balance Sheet as at 29 March 2024

Note

2024
£

2023
£

Current assets

 

Stocks

4

764,173

752,865

Debtors

5

412

412

Cash at bank and in hand

 

84

84

 

764,669

753,361

Creditors: Amounts falling due within one year

6

(238,200)

(226,892)

Total assets less current liabilities

 

526,469

526,469

Creditors: Amounts falling due after more than one year

6

(525,000)

(525,000)

Net assets

 

1,469

1,469

Capital and reserves

 

Called up share capital

1

1

Retained earnings

1,468

1,468

Shareholders' funds

 

1,469

1,469

For the financial period ending 29 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 27 March 2025
 

.........................................
Mr Jamie Blennerhassett
Director

 

HH Heswall Ltd

Notes to the Unaudited Financial Statements for the Period from 1 April 2023 to 29 March 2024

1

General information

The company is a private company limited by share capital, incorporated in England & Wales.

The address of its registered office is:
17 Mann Island
Liverpool
L3 1BP

These financial statements were authorised for issue by the director on 27 March 2025.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

 

HH Heswall Ltd

Notes to the Unaudited Financial Statements for the Period from 1 April 2023 to 29 March 2024

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Staff numbers

The average number of persons employed by the company (including the director) during the period, was 1 (2023 - 1).

4

Stocks

2024
£

2023
£

Other inventories

764,173

752,865

 

HH Heswall Ltd

Notes to the Unaudited Financial Statements for the Period from 1 April 2023 to 29 March 2024

5

Debtors

Current

2024
£

2023
£

Other debtors

412

412

 

412

412

6

Creditors

Creditors: amounts falling due within one year

2024
£

2023
£

Due within one year

Trade creditors

900

900

Taxation and social security

605

605

Accruals and deferred income

750

750

Other creditors

235,945

224,637

238,200

226,892

Creditors: amounts falling due after more than one year

Note

2024
£

2023
£

Due after one year

 

Loans and borrowings

7

525,000

525,000

Creditors include other loans which are secured by means of a floating charge held against property owned by the company of £475,000 (2023-£475,000)

 

HH Heswall Ltd

Notes to the Unaudited Financial Statements for the Period from 1 April 2023 to 29 March 2024

7

Loans and borrowings

Non-current loans and borrowings

2024
£

2023
£

Bank borrowings

50,000

50,000

Other borrowings

475,000

475,000

525,000

525,000

8

Parent and ultimate parent undertaking

The company's immediate parent is Hassett Holdings Ltd, incorporated in England & Wales.