0 0 H.G. Sites (DSA3) Limited 12643908 false 2023-10-01 2024-09-30 2024-09-30 The principal activity of the company is Development of building projects Digita Accounts Production Advanced 6.30.9574.0 true false true 12643908 2023-10-01 2024-09-30 12643908 2024-09-30 12643908 bus:OrdinaryShareClass1 2024-09-30 12643908 core:RetainedEarningsAccumulatedLosses 2024-09-30 12643908 core:ShareCapital 2024-09-30 12643908 core:CurrentFinancialInstruments 2024-09-30 12643908 core:CurrentFinancialInstruments core:WithinOneYear 2024-09-30 12643908 bus:SmallEntities 2023-10-01 2024-09-30 12643908 bus:Audited 2023-10-01 2024-09-30 12643908 bus:FilletedAccounts 2023-10-01 2024-09-30 12643908 bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 12643908 bus:RegisteredOffice 2023-10-01 2024-09-30 12643908 bus:Director2 2023-10-01 2024-09-30 12643908 bus:OrdinaryShareClass1 2023-10-01 2024-09-30 12643908 bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 12643908 1 2023-10-01 2024-09-30 12643908 countries:AllCountries 2023-10-01 2024-09-30 12643908 countries:England 2023-10-01 2024-09-30 12643908 2022-10-01 2023-09-30 12643908 2023-09-30 12643908 bus:OrdinaryShareClass1 2023-09-30 12643908 core:RetainedEarningsAccumulatedLosses 2023-09-30 12643908 core:ShareCapital 2023-09-30 12643908 core:CurrentFinancialInstruments 2023-09-30 12643908 core:CurrentFinancialInstruments core:WithinOneYear 2023-09-30 xbrli:pure iso4217:GBP xbrli:shares

Registration number: 12643908

H.G. Sites (DSA3) Limited

Filleted Financial Statements

for the Year Ended 30 September 2024

 

H.G. Sites (DSA3) Limited

(Registration number: 12643908)
Balance Sheet as at 30 September 2024

Note

2024
£

2023
£

Current assets

 

Stocks

4,921,783

9,187,164

Debtors

4

146,866

260,777

Cash at bank and in hand

 

7,850

-

 

5,076,499

9,447,941

Creditors: Amounts falling due within one year

5

(4,726,707)

(9,912,672)

Net assets/(liabilities)

 

349,792

(464,731)

Capital and reserves

 

Called up share capital

6

400

400

Retained earnings

349,392

(465,131)

Shareholders' funds/(deficit)

 

349,792

(464,731)

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 12 June 2025 and signed on its behalf by:
 


Mr S A Hunt
Director

   
 

H.G. Sites (DSA3) Limited

Notes to the Financial Statements for the Year Ended 30 September 2024

1

General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
26-30 Midland Road
Scunthorpe
North Lincolnshire
DN16 1DQ

Registration number: 12643908

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis which assumes the continued financial support of the group.

Audit report

The Independent Auditor's Report was unqualified. The name of the Senior Statutory Auditor who signed the audit report on 12 June 2025 was Robert Smith BSc FCA, who signed for and on behalf of RNS Chartered Accountants.

Trade debtors

Trade debtors are amounts due from customers for services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

 

H.G. Sites (DSA3) Limited

Notes to the Financial Statements for the Year Ended 30 September 2024

Stocks

Work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, work in progress is assessed for impairment. If work in progress is impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities. Trade creditors are recognised at the transaction price.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Staff numbers

The average number of persons employed by the company during the year was 0 (2023 - 0).

4

Debtors

2024
£

2023
£

Trade debtors

(904)

-

Amounts owed by related parties

100

100

Prepayments

4,135

-

Other debtors

143,535

260,677

 

146,866

260,777

5

Creditors

2024
£

2023
£

Due within one year

Trade payables

-

435

Amounts due to related parties

4,614,461

9,911,358

Social security and other taxes

81,442

-

Other payables

30,804

879

4,726,707

9,912,672

 

H.G. Sites (DSA3) Limited

Notes to the Financial Statements for the Year Ended 30 September 2024

6

Share capital

Allotted, called up and fully paid shares

2024

2023

No.

£

No.

£

Ordinary shares of £1 each

400

400

400

400

       

7

Parent and ultimate parent undertaking

The company's immediate parent is H.G. Holdings Limited, incorporated in the UK.

 The ultimate parent is Hunt Group Limited, incorporated in the UK.

 

The parent of the largest group in which these financial statements are consolidated is Hunt Group, incorporated in UK.

The address of Hunt Group is:
26-30 Midland Road
Scunthorpe
North Lincolnshire
DN16 1DQ