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REGISTERED NUMBER: 04072758 (England and Wales)















HASWELL MOULDING TECHNOLOGIES LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

30 SEPTEMBER 2024






HASWELL MOULDING TECHNOLOGIES LIMITED (REGISTERED NUMBER: 04072758)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024










Page

Balance Sheet 1 to 2

Notes to the Financial Statements 3 to 6


HASWELL MOULDING TECHNOLOGIES LIMITED (REGISTERED NUMBER: 04072758)

BALANCE SHEET
30 SEPTEMBER 2024

2024 2023
Notes £    £   
FIXED ASSETS
Intangible assets 4 18,990 16,391
Tangible assets 5 1,847 2,599
20,837 18,990

CURRENT ASSETS
Stocks 6 16,380 6,204
Debtors 7 6,614 8,275
Cash at bank 8 9
23,002 14,488
CREDITORS
Amounts falling due within one year 8 (74,104 ) (72,546 )
NET CURRENT LIABILITIES (51,102 ) (58,058 )
TOTAL ASSETS LESS CURRENT LIABILITIES (30,265 ) (39,068 )

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings (30,266 ) (39,069 )
SHAREHOLDERS' FUNDS (30,265 ) (39,068 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

HASWELL MOULDING TECHNOLOGIES LIMITED (REGISTERED NUMBER: 04072758)

BALANCE SHEET - continued
30 SEPTEMBER 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 25 June 2025 and were signed by:





Mr G Haswell - Director


HASWELL MOULDING TECHNOLOGIES LIMITED (REGISTERED NUMBER: 04072758)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024


1. STATUTORY INFORMATION

Haswell Moulding Technologies Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 04072758

Registered office: Town Wall House
Balkerne Hill
Colchester
Essex
CO3 3AD

For the purposes of presentation, the currency is the Pound Sterling (£) and the financial statements are rounded to the nearest Pound.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
The turnover shown in the income statement represents amounts receivable for goods and services provided during the year net of Value Added Tax and trade discounts.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at
cost less any accumulated amortisation and any accumulated impairment losses.

Patents were amortised evenly over their estimated useful life of five years and were fully amortised in 2023.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 30% on reducing balance
Furniture and equipment - 25% on reducing balance

Work in progress
Work in progress is valued on the basis of direct costs plus attributable overheads based on normal level of activity. Provision is made for any foreseeable losses where appropriate. No element of profit is included in the valuation of work in progress.


HASWELL MOULDING TECHNOLOGIES LIMITED (REGISTERED NUMBER: 04072758)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024


2. ACCOUNTING POLICIES - continued
Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Research and development
Expenditure on research and development is capitalised as incurred and written off in the year in which the project it relates to is completed.

Financial instruments
Basic financial instruments are recognised at amortised cost.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

HASWELL MOULDING TECHNOLOGIES LIMITED (REGISTERED NUMBER: 04072758)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024


4. INTANGIBLE FIXED ASSETS
Development
Patents costs Totals
£    £    £   
COST
At 1 October 2023 4,313 16,391 20,704
Additions - 2,599 2,599
At 30 September 2024 4,313 18,990 23,303
AMORTISATION
At 1 October 2023
and 30 September 2024 4,313 - 4,313
NET BOOK VALUE
At 30 September 2024 - 18,990 18,990
At 30 September 2023 - 16,391 16,391

5. TANGIBLE FIXED ASSETS
Furniture
Plant and and
machinery equipment Totals
£    £    £   
COST
At 1 October 2023
and 30 September 2024 6,744 4,136 10,880
DEPRECIATION
At 1 October 2023 4,716 3,565 8,281
Charge for year 609 143 752
At 30 September 2024 5,325 3,708 9,033
NET BOOK VALUE
At 30 September 2024 1,419 428 1,847
At 30 September 2023 2,028 571 2,599

6. STOCKS
2024 2023
£    £   
Stocks 14,776 4,600
Work-in-progress 1,604 1,604
16,380 6,204

HASWELL MOULDING TECHNOLOGIES LIMITED (REGISTERED NUMBER: 04072758)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024


7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 404 -
Deferred tax asset 6,210 8,275
6,614 8,275

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other taxes and social security - 337
Other creditors 1,060 690
Directors' current accounts 72,099 70,810
Accruals and deferred income 945 709
74,104 72,546