REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Year Ended 30 September 2024 |
for |
HALDON ROAD LTD |
REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Year Ended 30 September 2024 |
for |
HALDON ROAD LTD |
HALDON ROAD LTD (REGISTERED NUMBER: 13633403) |
Contents of the Financial Statements |
for the Year Ended 30 September 2024 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 3 |
HALDON ROAD LTD |
Company Information |
for the Year Ended 30 September 2024 |
DIRECTORS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
100 Church Street |
Brighton |
East Sussex |
BN1 1UJ |
HALDON ROAD LTD (REGISTERED NUMBER: 13633403) |
Balance Sheet |
30 September 2024 |
2024 | 2023 |
Notes | £ | £ |
CURRENT ASSETS |
Stocks | 4 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 5 |
NET CURRENT LIABILITIES | ( |
) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) |
( |
) |
CAPITAL AND RESERVES |
Called up share capital |
Retained earnings | ( |
) | ( |
) |
( |
) | ( |
) |
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. |
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 |
HALDON ROAD LTD (REGISTERED NUMBER: 13633403) |
Notes to the Financial Statements |
for the Year Ended 30 September 2024 |
1. | STATUTORY INFORMATION |
Haldon Road Ltd is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Turnover |
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. |
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. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was NIL (2023 - NIL). |
4. | STOCKS |
2024 | 2023 |
£ | £ |
Work-in-progress |
5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2024 | 2023 |
£ | £ |
Trade creditors |
Other creditors |
Pin Projects Ltd | - | 1,460 |
Accrued expenses |
The balance within Other creditors includes: |
An unsecured loan of £36,000 (2023: £50,000) that was made to the company from Bennet Property Limited which is under the common control of M B Shaw. |
An unsecured loan of £50,000 (2023: £50,000) that was made to the company from W D Lock. |
An unsecured loan of £50,000 (2023: £50,000) that was made to the company from Landsbury Group Limited which is under the common control of M B Shaw and W D Lock. |
All unsecured loans are repayable on demand and the applicable rate of interest will be determined upon the completion of the development project. |
HALDON ROAD LTD (REGISTERED NUMBER: 13633403) |
Notes to the Financial Statements - continued |
for the Year Ended 30 September 2024 |
6. | RELATED PARTY DISCLOSURES |
In the period, the company incurred costs totalling £6,750 (2023: £73,500) with Pin Projects Limited and £5,000 (2023: £5,000) with Bennet Property Limited, which are under the common control of M B Shaw and W D Lock. |
All companies traded on normal commercial terms. |
7. | ULTIMATE CONTROLLING PARTY |
There is no ultimate controlling party as both directors equally exercise significant influence and control over the company. |
8. | GOING CONCERN ASSUMPTION |
The financial statements have been prepared on the going concern basis, on the understanding that the directors will continue to financially support the company. |