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REGISTERED NUMBER: 08580998 (England and Wales)












UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2024

FOR

HAWTHORNE & HEANEY LIMITED

HAWTHORNE & HEANEY LIMITED (REGISTERED NUMBER: 08580998)

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










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


HAWTHORNE & HEANEY LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2024







DIRECTOR: Ms C Barrett





REGISTERED OFFICE: Unit 2.02
High Weald House
Glovers end
Bexhill
East Sussex
TN39 5ES





REGISTERED NUMBER: 08580998 (England and Wales)





ACCOUNTANTS: Acuity Professional Partnership LLP
Unit 2.02 High Weald House
Glovers End
Bexhill
East Sussex
TN39 5ES

HAWTHORNE & HEANEY LIMITED (REGISTERED NUMBER: 08580998)

STATEMENT OF FINANCIAL POSITION
30 JUNE 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 9,230 3,853
Tangible assets 5 12,276 11,439
21,506 15,292

CURRENT ASSETS
Stocks 6 27,500 24,000
Debtors 7 50,288 74,818
Cash at bank 8,501 1,624
86,289 100,442
CREDITORS
Amounts falling due within one year 8 83,408 56,490
NET CURRENT ASSETS 2,881 43,952
TOTAL ASSETS LESS CURRENT
LIABILITIES

24,387

59,244

CREDITORS
Amounts falling due after more than one
year

9

(87,695

)

(118,348

)

PROVISIONS FOR LIABILITIES 11 - (2,174 )
NET LIABILITIES (63,308 ) (61,278 )

CAPITAL AND RESERVES
Called up share capital 12 100 100
Retained earnings (63,408 ) (61,378 )
SHAREHOLDERS' FUNDS (63,308 ) (61,278 )

HAWTHORNE & HEANEY LIMITED (REGISTERED NUMBER: 08580998)

STATEMENT OF FINANCIAL POSITION - continued
30 JUNE 2024


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

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

The director acknowledges her 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.

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 26 June 2025 and were signed by:





Ms C Barrett - Director


HAWTHORNE & HEANEY LIMITED (REGISTERED NUMBER: 08580998)

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


1. STATUTORY INFORMATION

Hawthorne & Heaney Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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.

GOING CONCERN
The company's balance sheet shows a net deficit shareholders fund position. However, the director's have received confirmation from the shareholders of their continued financial support for the foreseeable future and for at least twelve months from the date of signature of these accounts.

TURNOVER
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

GOODWILL
Goodwill, being the amount paid in connection with the acquisition of a business in 2013, is being amortised evenly over its estimated useful life of five years.

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.

Development costs are being amortised evenly over their estimated useful life of three years.

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 - 20% on reducing balance
Computer equipment - 33% on cost

STOCKS
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

TAXATION
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.


HAWTHORNE & HEANEY LIMITED (REGISTERED NUMBER: 08580998)

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


2. ACCOUNTING POLICIES - continued
DEFERRED TAX
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2023 - 5 ) .

4. INTANGIBLE FIXED ASSETS
Development
Goodwill costs Totals
£    £    £   
Cost
At 1 July 2023 10,000 5,780 15,780
Additions - 10,955 10,955
At 30 June 2024 10,000 16,735 26,735
Amortisation
At 1 July 2023 10,000 1,927 11,927
Amortisation for year - 5,578 5,578
At 30 June 2024 10,000 7,505 17,505
Net book value
At 30 June 2024 - 9,230 9,230
At 30 June 2023 - 3,853 3,853

HAWTHORNE & HEANEY LIMITED (REGISTERED NUMBER: 08580998)

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


5. TANGIBLE FIXED ASSETS
Plant and Computer
machinery equipment Totals
£    £    £   
Cost
At 1 July 2023 37,261 5,422 42,683
Additions 3,946 - 3,946
At 30 June 2024 41,207 5,422 46,629
Depreciation
At 1 July 2023 26,282 4,962 31,244
Charge for year 2,803 306 3,109
At 30 June 2024 29,085 5,268 34,353
Net book value
At 30 June 2024 12,122 154 12,276
At 30 June 2023 10,979 460 11,439

6. STOCKS
2024 2023
£    £   
Stocks 27,500 24,000

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 11,922 7,039
Other debtors 38,366 67,779
50,288 74,818

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 32,177 26,428
Taxation and social security 48,469 26,744
Other creditors 2,762 3,318
83,408 56,490

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans (see note 10) 87,695 118,348

HAWTHORNE & HEANEY LIMITED (REGISTERED NUMBER: 08580998)

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


9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR - continued
2024 2023
£    £   
Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 87,695 118,348

10. LOANS

An analysis of the maturity of loans is given below:

2024 2023
£    £   
Amounts falling due in more than five years:
Repayable by instalments
Bank loans more 5 yr by instal 87,695 118,348

11. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax - 2,174

Deferred
tax
£   
Balance at 1 July 2023 2,174
Provided during year (2,174 )
movement during the year
Balance at 30 June 2024 -

12. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary £1 100 100