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Company No: 14047553 (England and Wales)

HESDIN ESTATE LIMITED
(Formerly Hesdin Holidays Limited)

Unaudited Financial Statements
For the financial year ended 30 June 2024
Pages for filing with the registrar

HESDIN ESTATE LIMITED

Unaudited Financial Statements

For the financial year ended 30 June 2024

Contents

HESDIN ESTATE LIMITED

BALANCE SHEET

As at 30 June 2024
HESDIN ESTATE LIMITED

BALANCE SHEET (continued)

As at 30 June 2024
Note 2024 2023
£ £
Fixed assets
Tangible assets 3 15,436 0
15,436 0
Current assets
Debtors 4 559,134 251,393
Cash at bank and in hand 282,571 269,366
841,705 520,759
Creditors: amounts falling due within one year 5 ( 613,028) ( 488,974)
Net current assets 228,677 31,785
Total assets less current liabilities 244,113 31,785
Provision for liabilities ( 3,800) 0
Net assets 240,313 31,785
Capital and reserves
Called-up share capital 6 1 1
Profit and loss account 240,312 31,784
Total shareholder's funds 240,313 31,785

For the financial 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.

Director's responsibilities:

The financial statements of Hesdin Estate Limited (registered number: 14047553) were approved and authorised for issue by the Director on 26 June 2025. They were signed on its behalf by:

Mr J W C Jenner
Director
HESDIN ESTATE LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 30 June 2024
HESDIN ESTATE LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 30 June 2024
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Hesdin Estate Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The company was formerly known as Hesdin Holidays Limited. The address of the Company's registered office is Pitmaston House, Malvern Road, Worcester, WR2 4LL, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The director has assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The director has a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Turnover

Turnover is stated net of VAT and trade discounts and is recognised when the significant risks and rewards are considered to have been transferred to the buyer. Turnover from the sale of provision of services is recognised when the services are delivered to the customers. Turnover represents the value of services provided under contracts to the extent that there is a right to consideration and is recorded at the fair value of the consideration received or receivable. Where a contract has only been partially completed at the Balance Sheet date turnover represents the fair value of the service provided to date based on the stage of completion of the contract activity at the Balance Sheet date. Where payments are received from customers in advance of services provided, the amounts are recorded as deferred income and included as part of creditors due within one year.

Turnover is adjusted for deferred income to ensure that income invoiced in advance of services being provided is deferred and recognised in the appropriate period.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on tax rates and laws substantively enacted at the balance sheet date. Deferred tax assets and liabilities are not discounted.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset over its expected useful life, as follows:

Plant and machinery 25 % reducing balance
Computer equipment 5 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

Provisions

Provisions are recognised when the Company has a present obligation (legal or constructive) as a result of a past event, it is probable that the Company will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.

The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the Balance Sheet date, taking into account the risks and uncertainties surrounding the obligation. Where a provision is measured using the cash flows estimated to settle the present obligation, its carrying amount is the present value of those cash flows (when the effect of the time value of money is material).

When some or all of the economic benefits required to settle a provision are expected to be recovered from a third party, a receivable is recognised as an asset if it is virtually certain that reimbursement will be received and the amount of the receivable can be measured reliably.

2. Employees

2024 2023
Number Number
Monthly average number of persons employed by the Company during the year, including the director 29 18

3. Tangible assets

Plant and machinery Computer equipment Total
£ £ £
Cost
At 01 July 2023 0 0 0
Additions 14,516 1,999 16,515
At 30 June 2024 14,516 1,999 16,515
Accumulated depreciation
At 01 July 2023 0 0 0
Charge for the financial year 846 233 1,079
At 30 June 2024 846 233 1,079
Net book value
At 30 June 2024 13,670 1,766 15,436
At 30 June 2023 0 0 0

4. Debtors

2024 2023
£ £
Trade debtors 263 12,997
Amounts owed by Parent undertakings 25,000 0
Amounts owed by connected companies 133,050 0
Amounts owed by director 286,838 206,424
Prepayments 2,178 2,472
Other debtors 111,805 29,500
559,134 251,393

5. Creditors: amounts falling due within one year

2024 2023
£ £
Trade creditors 22,279 51,213
Amounts owed to connected companies 35,643 0
Accruals and deferred income 333,056 282,697
Taxation and social security 221,243 78,874
Other creditors 807 76,190
613,028 488,974

6. Called-up share capital

2024 2023
£ £
Allotted, called-up and fully-paid
100 Ordinary shares of £ 0.01 each 1 1

The Company has taken advantage of the exemption under FRS 102 not to disclose transactions between wholly owned group companies.

7. Related party transactions

Transactions with the entity's director

2024 2023
£ £
Amounts owed by the director 286,838 206,424

Interest has been charged on this balance at HMRC's official rate and there are no fixed dates for repayment.