HONEY LANE ESTATES NEWBUILD LIMITED

Company Registration Number:
02154420 (England and Wales)

Unaudited abridged accounts for the year ended 30 June 2024

Period of accounts

Start date: 01 July 2023

End date: 30 June 2024

HONEY LANE ESTATES NEWBUILD LIMITED

Contents of the Financial Statements

for the Period Ended 30 June 2024

Balance sheet
Notes

HONEY LANE ESTATES NEWBUILD LIMITED

Balance sheet

As at 30 June 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 622,939 670,476
Total fixed assets: 622,939 670,476
Current assets
Debtors: 4 227,126 145,805
Cash at bank and in hand: 10,287 24,948
Total current assets: 237,413 170,753
Creditors: amounts falling due within one year: 5 (118,844) (134,385)
Net current assets (liabilities): 118,569 36,368
Total assets less current liabilities: 741,508 706,844
Total net assets (liabilities): 741,508 706,844
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 741,408 706,744
Shareholders funds: 741,508 706,844

The notes form part of these financial statements

HONEY LANE ESTATES NEWBUILD LIMITED

Balance sheet statements

For the year ending 30 June 2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 09 April 2025
and signed on behalf of the board by:

Name: Stephen Barry Cole
Status: Director

The notes form part of these financial statements

HONEY LANE ESTATES NEWBUILD LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover 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 and depreciation policy

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. Plant and machinery etc - 25% on reducing balance No depreciation is provided on the company's freehold property as it is an investment property. Contrary to generally accepted accounting principles it is carried at cost and not open market value.

HONEY LANE ESTATES NEWBUILD LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

2. Employees

2024 2023
Average number of employees during the period 0 0

HONEY LANE ESTATES NEWBUILD LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

3. Tangible Assets

Total
Cost £
At 01 July 2023 1,000,743
At 30 June 2024 1,000,743
Depreciation
At 01 July 2023 330,267
Charge for year 47,537
At 30 June 2024 377,804
Net book value
At 30 June 2024 622,939
At 30 June 2023 670,476

HONEY LANE ESTATES NEWBUILD LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

4. Debtors

2024 2023
££
Debtors due after more than one year: 0 0

HONEY LANE ESTATES NEWBUILD LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

5. Creditors: amounts falling due within one year note

Corporation tax: £0 Other creditors: £3,900 Due to related party: £114,944

HONEY LANE ESTATES NEWBUILD LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

6. Related party transactions

Name of the related party:
Relationship:
Tenant
Description of the Transaction: Renting warehouse to the related party
£
Balance at 01 July 2023 145,805
Balance at 30 June 2024 225,615
Name of the related party:
Relationship:
Lender
Description of the Transaction: balance outstanding from previous trading relationship
£
Balance at 01 July 2023 114,944
Balance at 30 June 2024 114,944