Company Registration No. 10046085 (England and Wales)
H Haywood And Son Limited
Unaudited accounts
for the year ended 30 June 2024
H Haywood And Son Limited
Unaudited accounts
Contents
H Haywood And Son Limited
Company Information
for the year ended 30 June 2024
Director
Donald Ian Haywood
Company Number
10046085 (England and Wales)
H Haywood And Son Limited
Statement of financial position
as at 30 June 2024
Tangible assets
1,031,661
859,436
Inventories
578,810
599,929
Cash at bank and in hand
(44,943)
(29,557)
Creditors: amounts falling due within one year
(1,224,709)
(1,147,771)
Net current liabilities
(661,102)
(552,442)
Total assets less current liabilities
370,559
306,994
Creditors: amounts falling due after more than one year
(2,998)
(20,626)
Net assets
367,561
286,368
Called up share capital
100
100
Profit and loss account
367,461
286,268
Shareholders' funds
367,561
286,368
For the year ending 30 June 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 director acknowledges his 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 and authorised for issue on 17 April 2025 and were signed on its behalf by
Donald Ian Haywood
Director
Company Registration No. 10046085
H Haywood And Son Limited
Notes to the Accounts
for the year ended 30 June 2024
H Haywood And Son Limited is a private company, limited by shares, registered in England and Wales, registration number 10046085.
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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
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:
Land & buildings
0% Depreciation
Plant & machinery
25% Reducing Balance
Motor vehicles
15% Reducing Balance
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At cost
At 1 July 2023
740,767
267,237
23,991
1,031,995
Additions
167,025
45,000
-
212,025
At 30 June 2024
907,792
312,237
23,848
1,243,877
At 1 July 2023
-
160,963
11,596
172,559
Charge for the year
-
37,819
1,838
39,657
At 30 June 2024
-
198,782
13,434
212,216
At 30 June 2024
907,792
113,455
10,414
1,031,661
At 30 June 2023
740,767
106,274
12,395
859,436
H Haywood And Son Limited
Notes to the Accounts
for the year ended 30 June 2024
Amounts falling due within one year
Trade debtors
16,867
16,499
Accrued income and prepayments
5,858
3,323
6
Creditors: amounts falling due within one year
2024
2023
Obligations under finance leases and hire purchase contracts
11,036
17,683
Trade creditors
134,845
75,601
Taxes and social security
35,149
31,691
Other creditors
50,002
958
Loans from directors
986,005
1,008,522
7
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
2,998
20,626
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).