Company Registration No. 09825398 (England and Wales)
Hayesleech Developments Limited
Unaudited accounts
for the year ended 31 October 2024
Hayesleech Developments Limited
Unaudited accounts
Contents
Hayesleech Developments Limited
Company Information
for the year ended 31 October 2024
Directors
Victoria Hayes
Alexander Leech
Company Number
09825398 (England and Wales)
Registered Office
61 Norwood Road
Stretford
Manchester
Lancashire
M32 8PN
England
Accountants
James Wheelan Accountancy Limited
Minshull House
67 Wellington Road North
Stockport
SK4 2LP
Hayesleech Developments Limited
Statement of financial position
as at 31 October 2024
Tangible assets
4,249
5,570
Inventories
299,917
1,086,461
Cash at bank and in hand
172,412
1,702
Creditors: amounts falling due within one year
(68,758)
(847,405)
Net current assets
403,571
243,758
Total assets less current liabilities
407,820
249,328
Provisions for liabilities
Deferred tax
(1,117)
(1,117)
Net assets
406,703
248,211
Called up share capital
100
100
Profit and loss account
406,603
248,111
Shareholders' funds
406,703
248,211
For the year ending 31 October 2024 the company was entitled to exemption from audit 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 23 May 2025 and were signed on its behalf by
Alexander Leech
Director
Company Registration No. 09825398
Hayesleech Developments Limited
Notes to the Accounts
for the year ended 31 October 2024
Hayesleech Developments Limited is a private company, limited by shares, registered in England and Wales, registration number 09825398. The registered office is 61 Norwood Road, Stretford, Manchester, Lancashire, M32 8PN, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
These financial statements for the year ended 31 October 2024 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 November 2022.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
25% reducing balance
Computer equipment
15% reducing balance
4
Tangible fixed assets
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 November 2023
27,264
1,374
28,638
At 31 October 2024
27,264
1,374
28,638
At 1 November 2023
22,411
657
23,068
Charge for the year
1,213
108
1,321
At 31 October 2024
23,624
765
24,389
At 31 October 2024
3,640
609
4,249
At 31 October 2023
4,853
717
5,570
Hayesleech Developments Limited
Notes to the Accounts
for the year ended 31 October 2024
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2024
2023
Amounts owed to group undertakings and other participating interests
9,840
-
Taxes and social security
53,762
7,335
Loans from directors
3,848
837,657
7
Average number of employees
During the year the average number of employees was 2 (2023: 3).