IRIS Accounts Production v24.3.2.46 03337047 director 1.4.24 31.3.25 31.3.25 floor layers. false true false false true false Ordinary Shares 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh033370472024-03-31033370472025-03-31033370472024-04-012025-03-31033370472023-03-31033370472023-04-012024-03-31033370472024-03-3103337047ns15:EnglandWales2024-04-012025-03-3103337047ns14:PoundSterling2024-04-012025-03-3103337047ns10:Director12024-04-012025-03-3103337047ns10:PrivateLimitedCompanyLtd2024-04-012025-03-3103337047ns10:SmallEntities2024-04-012025-03-3103337047ns10:AuditExempt-NoAccountantsReport2024-04-012025-03-3103337047ns10:SmallCompaniesRegimeForDirectorsReport2024-04-012025-03-3103337047ns10:SmallCompaniesRegimeForAccounts2024-04-012025-03-3103337047ns10:FullAccounts2024-04-012025-03-3103337047ns10:OrdinaryShareClass12024-04-012025-03-3103337047ns10:Director22024-04-012025-03-3103337047ns10:RegisteredOffice2024-04-012025-03-3103337047ns5:CurrentFinancialInstruments2025-03-3103337047ns5:CurrentFinancialInstruments2024-03-3103337047ns5:Non-currentFinancialInstruments2025-03-3103337047ns5:Non-currentFinancialInstruments2024-03-3103337047ns5:ShareCapital2025-03-3103337047ns5:ShareCapital2024-03-3103337047ns5:RetainedEarningsAccumulatedLosses2025-03-3103337047ns5:RetainedEarningsAccumulatedLosses2024-03-3103337047ns5:ShareCapital2023-03-3103337047ns5:RetainedEarningsAccumulatedLosses2023-03-3103337047ns5:RetainedEarningsAccumulatedLosses2023-04-012024-03-3103337047ns5:RetainedEarningsAccumulatedLosses2024-04-012025-03-3103337047ns5:PlantMachinery2024-04-012025-03-3103337047ns5:OwnedAssets2024-04-012025-03-3103337047ns5:OwnedAssets2023-04-012024-03-3103337047ns5:PlantMachinery2024-03-3103337047ns5:PlantMachinery2025-03-3103337047ns5:PlantMachinery2024-03-3103337047ns5:WithinOneYearns5:CurrentFinancialInstruments2025-03-3103337047ns5:WithinOneYearns5:CurrentFinancialInstruments2024-03-3103337047ns10:OrdinaryShareClass12025-03-3103337047ns5:RetainedEarningsAccumulatedLosses2024-03-31
REGISTERED NUMBER: 03337047 (England and Wales)















Report of the Director and

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Hayes Limited

Hayes Limited (Registered number: 03337047)






Contents of the Financial Statements
for the Year Ended 31 March 2025




Page

Company Information 1

Report of the Director 2

Income Statement 3

Statement of Financial Position 4

Statement of Changes in Equity 6

Notes to the Financial Statements 7


Hayes Limited

Company Information
for the Year Ended 31 March 2025







DIRECTOR: Hayes Limited





REGISTERED OFFICE: April's End
Tylers Green
High Wycombe
Buckinghamshire
HP10 8HW





REGISTERED NUMBER: 03337047 (England and Wales)





ACCOUNTANTS: Philip Ross Accountants Ltd
28 Victoria Road
Mablethorpe
Lincolnshire
LN12 2AQ

Hayes Limited (Registered number: 03337047)

Report of the Director
for the Year Ended 31 March 2025

The director presents its report with the financial statements of the company for the year ended 31 March 2025.

CESSATION OF TRADING
The company has ceased trading as of 31 March 2025.

DIRECTOR
Hayes Limited held office during the whole of the period from 1 April 2024 to the date of this report.

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:





L Hayes - Director


9 May 2025

Hayes Limited (Registered number: 03337047)

Income Statement
for the Year Ended 31 March 2025

31.3.25 31.3.24
Notes £    £    £    £   

REVENUE 53,308 134,408

Cost of sales 27,256 74,856
GROSS PROFIT 26,052 59,552

Distribution costs 10,217 26,000
Administrative expenses 10,809 21,974
21,026 47,974
5,026 11,578


Interest payable and similar
expenses

84

140
PROFIT BEFORE TAXATION 4 4,942 11,438

Tax on profit 938 2,173
PROFIT FOR THE FINANCIAL YEAR 4,004 9,265

Hayes Limited (Registered number: 03337047)

Statement of Financial Position
31 March 2025

31.3.25 31.3.24
Notes £    £    £    £   
FIXED ASSETS
Property, plant and equipment 5 - 4,435

CURRENT ASSETS
Stocks - 1,000
Debtors 6 146 780
Cash at bank 6,714 19,490
6,860 21,270
CREDITORS
Amounts falling due within one year 7 3,879 20,892
NET CURRENT ASSETS 2,981 378
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,981

4,813

CREDITORS
Amounts falling due after more than
one year

8

-

(2,493

)

PROVISIONS FOR LIABILITIES - (843 )
NET ASSETS 2,981 1,477

CAPITAL AND RESERVES
Called up share capital 9 2 2
Retained earnings 10 2,979 1,475
SHAREHOLDERS' FUNDS 2,981 1,477

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges its 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.

Hayes Limited (Registered number: 03337047)

Statement of Financial Position - continued
31 March 2025


The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the director and authorised for issue on 9 May 2025 and were signed by:





L Hayes - Director


Hayes Limited (Registered number: 03337047)

Statement of Changes in Equity
for the Year Ended 31 March 2025

Called up
share Retained Total
capital earnings equity
£    £    £   
Balance at 1 April 2023 2 7,710 7,712

Changes in equity
Dividends - (15,500 ) (15,500 )
Total comprehensive income - 9,265 9,265
Balance at 31 March 2024 2 1,475 1,477

Changes in equity
Dividends - (2,500 ) (2,500 )
Total comprehensive income - 4,004 4,004
Balance at 31 March 2025 2 2,979 2,981

Hayes Limited (Registered number: 03337047)

Notes to the Financial Statements
for the Year Ended 31 March 2025

1. STATUTORY INFORMATION

Hayes 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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
Revenue 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 the cost less estimated residual value of each asset over its estimated useful life.
Property, plant and equipment - 15% 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Hayes Limited (Registered number: 03337047)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

2. ACCOUNTING POLICIES - continued

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.

The pension costs are the amounts paid by the company to the scheme during the year.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4. PROFIT BEFORE TAXATION

The profit is stated after charging:

31.3.25 31.3.24
£    £   
Depreciation - owned assets - 782

5. TANGIBLE FIXED ASSETS
Property,
plant and
equipment
£   
COST
At 1 April 2024 26,235
Disposals (26,235 )
At 31 March 2025 -
DEPRECIATION
At 1 April 2024 21,800
Eliminated on disposal (21,800 )
At 31 March 2025 -
NET BOOK VALUE
At 31 March 2025 -
At 31 March 2024 4,435

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Trade debtors - 780
Other debtors 146 -
146 780

Hayes Limited (Registered number: 03337047)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Bank loans and overdrafts - 1,990
Trade creditors - 13,355
Taxation and social security 1,331 5,110
Other creditors 2,548 437
3,879 20,892

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
31.3.25 31.3.24
£    £   
Bank loans - 2,493

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.25 31.3.24
value: £    £   
2 Ordinary Shares £1 2 2

10. RESERVES
Retained
earnings
£   

At 1 April 2024 1,475
Profit for the year 4,004
Dividends (2,500 )
At 31 March 2025 2,979