Silverfin false false 31/05/2024 01/06/2023 31/05/2024 Mr Mark Jeffery Hall 15/05/2012 Mr Matthew John Hall 15/05/2012 23 May 2025 no description of principal activity 08069970 2024-05-31 08069970 bus:Director1 2024-05-31 08069970 bus:Director2 2024-05-31 08069970 2023-05-31 08069970 core:CurrentFinancialInstruments 2024-05-31 08069970 core:CurrentFinancialInstruments 2023-05-31 08069970 core:Non-currentFinancialInstruments 2024-05-31 08069970 core:Non-currentFinancialInstruments 2023-05-31 08069970 core:ShareCapital 2024-05-31 08069970 core:ShareCapital 2023-05-31 08069970 core:RevaluationReserve 2024-05-31 08069970 core:RevaluationReserve 2023-05-31 08069970 core:RetainedEarningsAccumulatedLosses 2024-05-31 08069970 core:RetainedEarningsAccumulatedLosses 2023-05-31 08069970 core:Goodwill 2023-05-31 08069970 core:Goodwill 2024-05-31 08069970 core:LandBuildings 2023-05-31 08069970 core:InvestmentPropertyIncludedWithinPPE 2023-05-31 08069970 core:PlantMachinery 2023-05-31 08069970 core:Vehicles 2023-05-31 08069970 core:OfficeEquipment 2023-05-31 08069970 core:LandBuildings 2024-05-31 08069970 core:InvestmentPropertyIncludedWithinPPE 2024-05-31 08069970 core:PlantMachinery 2024-05-31 08069970 core:Vehicles 2024-05-31 08069970 core:OfficeEquipment 2024-05-31 08069970 core:CurrentFinancialInstruments 11 2024-05-31 08069970 core:CurrentFinancialInstruments 11 2023-05-31 08069970 2023-06-01 2024-05-31 08069970 bus:FilletedAccounts 2023-06-01 2024-05-31 08069970 bus:SmallEntities 2023-06-01 2024-05-31 08069970 bus:AuditExemptWithAccountantsReport 2023-06-01 2024-05-31 08069970 bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 08069970 bus:Director1 2023-06-01 2024-05-31 08069970 bus:Director2 2023-06-01 2024-05-31 08069970 core:Goodwill core:TopRangeValue 2023-06-01 2024-05-31 08069970 core:PlantMachinery 2023-06-01 2024-05-31 08069970 core:Vehicles 2023-06-01 2024-05-31 08069970 core:OfficeEquipment 2023-06-01 2024-05-31 08069970 2022-06-01 2023-05-31 08069970 core:Goodwill 2023-06-01 2024-05-31 08069970 core:LandBuildings 2023-06-01 2024-05-31 08069970 core:InvestmentPropertyIncludedWithinPPE 2023-06-01 2024-05-31 08069970 core:CurrentFinancialInstruments 2023-06-01 2024-05-31 08069970 core:Non-currentFinancialInstruments 2023-06-01 2024-05-31 iso4217:GBP xbrli:pure

Company No: 08069970 (England and Wales)

# HALL SERVICES (EAST ANGLIA) LIMITED

### Unaudited Financial Statements
For the financial year ended 31 May 2024
Pages for filing with the registrar

HALL SERVICES (EAST ANGLIA) LIMITED

## Unaudited Financial Statements

For the financial year ended 31 May 2024

Contents

HALL SERVICES (EAST ANGLIA) LIMITED

## STATEMENT OF FINANCIAL POSITION

As at 31 May 2024
HALL SERVICES (EAST ANGLIA) LIMITED

## STATEMENT OF FINANCIAL POSITION (continued)

As at 31 May 2024

| Note | 2024 |  | 2023
|  | £ |  | £
Fixed assets |  |  |  |
Intangible assets | 3 | 4,000 |  | 4,500
Tangible assets | 4 | 3,123,425 |  | 3,244,316
|  | 3,127,425 |  | 3,248,816
Current assets |  |  |  |
Debtors | 5 | 137,781 |  | 193,230
Cash at bank and in hand | 6 | 110,522 |  | 10,343
|  | 248,303 |  | 203,573
Creditors: amounts falling due within one year | 7 | ( 155,208) |  | ( 115,391)
Net current assets |  | 93,095 |  | 88,182
Total assets less current liabilities |  | 3,220,520 |  | 3,336,998
Creditors: amounts falling due after more than one year | 8 | ( 896,774) |  | ( 947,903)
Net assets |  | 2,323,746 |  | 2,389,095
Capital and reserves |  |  |  |
Called-up share capital |  | 100 |  | 100
Revaluation reserve |  | 818,520 |  | 2,235,831
Profit and loss account |  | 1,505,126 |  | 153,164
Total shareholders' funds |  | 2,323,746 |  | 2,389,095

For the financial year ending 31 May 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
- The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
- These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Income Statement has not been delivered.

The financial statements of Hall Services (East Anglia) Limited (registered number: 08069970) were approved and authorised for issue by the Board of Directors. They were signed on its behalf by:

Mr Mark Jeffery Hall Director |

23 May 2025

HALL SERVICES (EAST ANGLIA) LIMITED

## NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 May 2024
HALL SERVICES (EAST ANGLIA) LIMITED

## NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 May 2024

##### 1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

##### General information and basis of accounting

Hall Services (East Anglia) Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Rosedale Farm Fen Street, Old Buckenham, Attleborough, NR17 1NW, United Kingdom.
The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.
The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

##### Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.
Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

##### Interest income

Interest income is recognised when it is probable that the economic benefits will flow to the Company and the amount of revenue can be measured reliably. Interest income is accrued on a time basis, by reference to the principal outstanding at the effective interest rate applicable, which is the rate that exactly discounts estimated future cash receipts through the expected life of the financial asset to that asset's net carrying amount on initial recognition.

##### Finance costs

Finance costs are charged to the Income Statement over the term of the debt using the effective interest method so the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

##### Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Statement of Financial Position date.
Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit.

##### Intangible assets

Intangible assets are stated at cost or valuation, net of amortisation and any provision for impairment. Amortisation is provided on all intangible assets at rates to write off the cost or valuation of each asset over its expected useful life as follows:

Goodwill | 20 years straight line

##### Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Land and buildings | not depreciated
Investment property | not depreciated
Plant and machinery | 25 % reducing balance
Vehicles | 25 % reducing balance
Office equipment | 25 % reducing balance

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

##### Investment property

Investment property is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is revalued at each reporting date with changes in fair value recognised in profit or loss. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.

##### Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts, except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

##### Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in creditors: amounts falling due within one year.

##### Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.

##### Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.
Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

##### Provisions

Provisions are recognised when the Company has a present obligation (legal or constructive) as a result of a past event, it is probable that the Company will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.
The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the Statement of Financial Position date, taking into account the risks and uncertainties surrounding the obligation. Where a provision is measured using the cash flows estimated to settle the present obligation, its carrying amount is the present value of those cash flows (when the effect of the time value of money is material).
When some or all of the economic benefits required to settle a provision are expected to be recovered from a third party, a receivable is recognised as an asset if it is virtually certain that reimbursement will be received and the amount of the receivable can be measured reliably.

##### Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders.

#### 2. Employees

| 2024 |  | 2023
| Number |  | Number
Monthly average number of persons employed by the Company during the year, including directors | 3 |  | 3

#### 3. Intangible assets

| Goodwill |  | Total
| £ |  | £
Cost |  |  |
At 01 June 2023 | 10,000 |  | 10,000
At 31 May 2024 | 10,000 |  | 10,000
Accumulated amortisation |  |  |
At 01 June 2023 | 5,500 |  | 5,500
Charge for the financial year | 500 |  | 500
At 31 May 2024 | 6,000 |  | 6,000
Net book value |  |  |
At 31 May 2024 | 4,000 |  | 4,000
At 31 May 2023 | 4,500 |  | 4,500

#### 4. Tangible assets

| Land and buildings |  | Investment property |  | Plant and machinery |  | Vehicles |  | Office equipment |  | Total
| £ |  | £ |  | £ |  | £ |  | £ |  | £
Cost |  |  |  |  |  |  |  |  |  |  |
At 01 June 2023 | 2,941,120 |  | 109,871 |  | 565,308 |  | 207,952 |  | 34,558 |  | 3,858,809
Additions | 0 |  | 0 |  | 199,223 |  | 89,154 |  | 7,168 |  | 295,545
Disposals | ( 303,963) |  | 0 |  | ( 16,000) |  | ( 65,000) |  | 0 |  | ( 384,963)
Transfers | ( 1,429,156) |  | 1,429,156 |  | 0 |  | 0 |  | 0 |  | 0
At 31 May 2024 | 1,208,001 |  | 1,539,027 |  | 748,531 |  | 232,106 |  | 41,726 |  | 3,769,391
Accumulated depreciation |  |  |  |  |  |  |  |  |  |  |
At 01 June 2023 | 0 |  | 0 |  | 452,307 |  | 138,265 |  | 23,921 |  | 614,493
Charge for the financial year | 0 |  | 0 |  | 54,261 |  | 35,854 |  | 3,136 |  | 93,251
Disposals | 0 |  | 0 |  | ( 12,203) |  | ( 49,575) |  | 0 |  | ( 61,778)
At 31 May 2024 | 0 |  | 0 |  | 494,365 |  | 124,544 |  | 27,057 |  | 645,966
Net book value |  |  |  |  |  |  |  |  |  |  |
At 31 May 2024 | 1,208,001 |  | 1,539,027 |  | 254,166 |  | 107,562 |  | 14,669 |  | 3,123,425
At 31 May 2023 | 2,941,120 |  | 109,871 |  | 113,001 |  | 69,687 |  | 10,637 |  | 3,244,316
Leased assets included above: |  |  |  |  |  |  |  |  |  |  |
Net book value |  |  |  |  |  |  |  |  |  |  |
At 31 May 2024 | 0 |  | 0 |  | 125,305 |  | 7,719 |  | 0 |  | 133,024
At 31 May 2023 | 0 |  | 0 |  | 36,101 |  | 25,716 |  | 0 |  | 61,818

The investment properties have been accounted for under the historic cost accounting rules.

#### 5. Debtors

| 2024 |  | 2023
| £ |  | £
Trade debtors | 0 |  | 16,277
Amounts owed by Group undertakings | 107,658 |  | 114,562
Prepayments | 1,895 |  | 44,552
VAT recoverable | 10,389 |  | 0
CIS suffered | 17,839 |  | 17,839
| 137,781 |  | 193,230

#### 6. Cash and cash equivalents

| 2024 |  | 2023
| £ |  | £
Cash at bank and in hand | 110,522 |  | 10,343

#### 7. Creditors: amounts falling due within one year

| 2024 |  | 2023
| £ |  | £
Bank loans | 47,389 |  | 43,367
Taxation and social security | 14,977 |  | 37,878
Obligations under finance leases and hire purchase contracts | 82,615 |  | 26,406
Other creditors | 10,227 |  | 7,740
| 155,208 |  | 115,391

Obligations under finance leases and hire purchases are secured on assets themselves, bank loans are secured by way of a fixed and floating charge.

#### 8. Creditors: amounts falling due after more than one year

| 2024 |  | 2023
| £ |  | £
Bank loans | 4,141 |  | 51,529
Obligations under finance leases and hire purchase contracts | 56,204 |  | 8,972
Other creditors | 836,429 |  | 887,402
| 896,774 |  | 947,903

Obligations under finance leases and hire purchases are secured on assets themselves, bank loans are secured by way of a fixed floating charge.