Caseware UK (AP4) 2024.0.164 2024.0.164 2024-09-302024-09-302023-10-0112truefalseNo description of principal activity12trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 09833417 2023-10-01 2024-09-30 09833417 2022-10-01 2023-09-30 09833417 2024-09-30 09833417 2023-09-30 09833417 c:Director2 2023-10-01 2024-09-30 09833417 c:Director3 2023-10-01 2024-09-30 09833417 c:RegisteredOffice 2023-10-01 2024-09-30 09833417 d:Buildings 2023-10-01 2024-09-30 09833417 d:Buildings 2024-09-30 09833417 d:Buildings 2023-09-30 09833417 d:Buildings d:OwnedOrFreeholdAssets 2023-10-01 2024-09-30 09833417 d:PlantMachinery 2023-10-01 2024-09-30 09833417 d:PlantMachinery 2024-09-30 09833417 d:PlantMachinery 2023-09-30 09833417 d:PlantMachinery d:OwnedOrFreeholdAssets 2023-10-01 2024-09-30 09833417 d:MotorVehicles 2023-10-01 2024-09-30 09833417 d:MotorVehicles 2024-09-30 09833417 d:MotorVehicles 2023-09-30 09833417 d:MotorVehicles d:OwnedOrFreeholdAssets 2023-10-01 2024-09-30 09833417 d:FurnitureFittings 2023-10-01 2024-09-30 09833417 d:FurnitureFittings 2024-09-30 09833417 d:FurnitureFittings 2023-09-30 09833417 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-10-01 2024-09-30 09833417 d:OfficeEquipment 2023-10-01 2024-09-30 09833417 d:OfficeEquipment 2024-09-30 09833417 d:OfficeEquipment 2023-09-30 09833417 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-10-01 2024-09-30 09833417 d:OwnedOrFreeholdAssets 2023-10-01 2024-09-30 09833417 d:CurrentFinancialInstruments 2024-09-30 09833417 d:CurrentFinancialInstruments 2023-09-30 09833417 d:CurrentFinancialInstruments d:WithinOneYear 2024-09-30 09833417 d:CurrentFinancialInstruments d:WithinOneYear 2023-09-30 09833417 d:Non-currentFinancialInstruments d:AfterOneYear 2024-09-30 09833417 d:Non-currentFinancialInstruments d:AfterOneYear 2023-09-30 09833417 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2024-09-30 09833417 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2023-09-30 09833417 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2024-09-30 09833417 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2023-09-30 09833417 d:ShareCapital 2024-09-30 09833417 d:ShareCapital 2023-09-30 09833417 d:RetainedEarningsAccumulatedLosses 2024-09-30 09833417 d:RetainedEarningsAccumulatedLosses 2023-09-30 09833417 c:FRS102 2023-10-01 2024-09-30 09833417 c:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 09833417 c:FullAccounts 2023-10-01 2024-09-30 09833417 c:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 09833417 d:WithinOneYear 2024-09-30 09833417 d:WithinOneYear 2023-09-30 09833417 d:BetweenOneFiveYears 2024-09-30 09833417 d:BetweenOneFiveYears 2023-09-30 09833417 d:AcceleratedTaxDepreciationDeferredTax 2024-09-30 09833417 d:AcceleratedTaxDepreciationDeferredTax 2023-09-30 09833417 d:RetirementBenefitObligationsDeferredTax 2024-09-30 09833417 d:RetirementBenefitObligationsDeferredTax 2023-09-30 09833417 2 2023-10-01 2024-09-30 09833417 6 2023-10-01 2024-09-30 09833417 e:PoundSterling 2023-10-01 2024-09-30 iso4217:GBP xbrli:pure

Registered number: 09833417










HAWTHORNDON DEVELOPMENTS LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 SEPTEMBER 2024

 
HAWTHORNDON DEVELOPMENTS LIMITED
 
 
COMPANY INFORMATION


Directors
Mrs C J Webb 
Mr M P Webb 




Registered number
09833417



Registered office
Unit 5 Snetterton Business Park
Snetterton

Norwich

Norfolk

NR16 2JU




Accountants
Larking Gowen LLP
Chartered Accountants

80 Grove Lane

Holt

Norfolk

NR25 6ED





 
HAWTHORNDON DEVELOPMENTS LIMITED
REGISTERED NUMBER:09833417

STATEMENT OF FINANCIAL POSITION
AS AT 30 SEPTEMBER 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
351,144
623,844

Investments
 5 
100
-

  
351,244
623,844

Current assets
  

Stocks
  
-
900,000

Debtors: amounts falling due within one year
 6 
1,630,296
3,519,645

Cash at bank and in hand
  
3,478,876
890,025

  
5,109,172
5,309,670

Creditors: amounts falling due within one year
 7 
(1,796,944)
(1,760,595)

Net current assets
  
 
 
3,312,228
 
 
3,549,075

Total assets less current liabilities
  
3,663,472
4,172,919

Creditors: amounts falling due after more than one year
  
-
(19,333)

Provisions for liabilities
  

Deferred tax
 9 
(62,998)
(47,181)

  
 
 
(62,998)
 
 
(47,181)

Net assets
  
3,600,474
4,106,405


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
3,600,374
4,106,305

  
3,600,474
4,106,405


Page 1

 
HAWTHORNDON DEVELOPMENTS LIMITED
REGISTERED NUMBER:09833417
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 30 SEPTEMBER 2024

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The Company has opted not to file the income statement in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




Mr M P Webb
Director

Date: 24 June 2025

The notes on pages 3 to 12 form part of these financial statements.

Page 2

 
HAWTHORNDON DEVELOPMENTS LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

1.


General information

Hawthorndon Developments Limited is a private company limited by shares and incorporated in England and Wales, registration number 09833417. The registered office is Unit 5 Snetterton Business Park, Snetterton, Norwich, Norfolk, NR16 2JU.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are presented in sterling which is the functional currency of the Company and rounded to the nearest £.
The significant accounting policies applied in the prepareation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

Page 3

 
HAWTHORNDON DEVELOPMENTS LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

2.Accounting policies (continued)

 
2.3

Operating leases: the Company as lessee

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

 
2.4

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.5

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.6

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

 
2.7

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Statement of financial position. The assets of the plan are held separately from the Company in independently administered funds.

Page 4

 
HAWTHORNDON DEVELOPMENTS LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

2.Accounting policies (continued)

 
2.8

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the reporting date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.


 
2.9

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, is provided on the following basis.

Depreciation is provided on the following basis:

Freehold property
-
No charge - land only
Plant and machinery
-
25%
Reducing balance
Motor vehicles
-
25%
Straight line
Fixtures and fittings
-
25%
Reducing balance
Office equipment
-
33%
Straight line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.
Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

Page 5

 
HAWTHORNDON DEVELOPMENTS LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

2.Accounting policies (continued)

 
2.10

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

Investments in unlisted Company shares, whose market value can be reliably determined, are remeasured to market value at each reporting date. Gains and losses on remeasurement are recognised in the Income statement for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment.

Investments in listed company shares are remeasured to market value at each reporting date. Gains and losses on remeasurement are recognised in profit or loss for the period.

 
2.11

Stocks

Stocks are stated at the lower of cost and net realisable value, being the cost of purchase.

 
2.12

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.13

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.14

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.15

Provisions for liabilities

Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made.
Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties.
 
Increases in provisions are generally charged as an expense to profit or loss.

 
2.16

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

Page 6

 
HAWTHORNDON DEVELOPMENTS LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

3.


Employees

The average monthly number of employees, including directors, during the year was 12 (2023 - 12).

Page 7
 

HAWTHORNDON DEVELOPMENTS LIMITED
 
 
 

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


4.


Tangible fixed assets






Freehold property
Plant and machinery
Motor vehicles
Fixtures and fittings
Office equipment
Total

£
£
£
£
£
£



Cost or valuation


At 1 October 2023
434,079
66,347
162,932
51,111
47,472
761,941


Additions
1,658,976
4,904
249,095
-
1,508
1,914,483


Disposals
(2,093,055)
-
-
-
-
(2,093,055)



At 30 September 2024

-
71,251
412,027
51,111
48,980
583,369



Depreciation


At 1 October 2023
-
29,067
55,430
21,032
32,568
138,097


Charge for the year on owned assets
-
10,545
61,744
7,523
14,316
94,128



At 30 September 2024

-
39,612
117,174
28,555
46,884
232,225



Net book value



At 30 September 2024
-
31,639
294,853
22,556
2,096
351,144



At 30 September 2023
434,079
37,280
107,502
30,079
14,904
623,844

Page 8
 
HAWTHORNDON DEVELOPMENTS LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

5.


Fixed asset investments





Investments in subsidiary companies

£



Cost or valuation


Additions
100



At 30 September 2024
100





6.


Debtors

2024
2023
£
£


Trade debtors
171,035
1,390,941

Amounts owed by group undertakings
432,857
-

Other debtors
69,640
409,643

Prepayments and accrued income
533,517
44,737

Tax recoverable
423,247
1,674,324

1,630,296
3,519,645



7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Bank loans
-
8,000

Trade creditors
226,282
130,866

Corporation tax
537,666
145,354

Other taxation and social security
731,095
489,465

Other creditors
170,777
2,428

Accruals and deferred income
131,124
984,482

1,796,944
1,760,595


Page 9

 
HAWTHORNDON DEVELOPMENTS LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

8.


Loans


Analysis of the maturity of loans is given below:


2024
2023
£
£

Amounts falling due within one year

Bank loans
-
8,000


-
8,000

Amounts falling due 1-2 years

Bank loans
-
8,000


-
8,000

Amounts falling due 2-5 years

Bank loans
-
11,333


-
11,333


-
27,333


Page 10

 
HAWTHORNDON DEVELOPMENTS LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

9.


Deferred taxation




2024


£






At beginning of year
(47,181)


Charged to profit or loss
(15,817)



At end of year
(62,998)

The provision for deferred taxation is made up as follows:

2024
2023
£
£


Accelerated capital allowances
(63,269)
(47,441)

Short term timing diffence
271
260

(62,998)
(47,181)


10.


Pension commitments

The Company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the Company  in an independently administered fund. The pension cost charge represents contributions payable by the Company to the fund and amounted to £13,690 (2023 - £91,108). Contributions totalling £2,528 (2023 - £2,428) were payable to the fund at the reporting date and are included in creditors.


11.


Commitments under operating leases

At 30 September 2024 the Company had future minimum lease payments due under non-cancellable operating leases for each of the following periods:

2024
2023
£
£


Not later than 1 year
31,440
31,440

Later than 1 year and not later than 5 years
31,440
62,880

62,880
94,320

Page 11

 
HAWTHORNDON DEVELOPMENTS LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

12.


Related party transactions

At the year end the directors were owed £28,749 by the company. In 2023 the directors owed the company £409,643.
The company has taken advantage of the exemption under 33.1A, allowing owned group members to depart from the requirements to disclose transactions with other group companies.

 
Page 12