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Company Registration No. 00546587 (England and Wales)
Healey & Dobney Limited Unaudited accounts for the year ended 30 June 2024
Healey & Dobney Limited Unaudited accounts Contents
Page
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Healey & Dobney Limited Company Information for the year ended 30 June 2024
Directors
Mr Ralph Dobney Mr Richard Dobney
Company Number
00546587 (England and Wales)
Registered Office
Station Mills Gosberton Risegate Spalding Lincs PE11 4EY
Accountants
Realise Finance Ltd Gloucester House 23a London Road Peterborough PE2 8AN
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Healey & Dobney Limited Statement of financial position as at 30 June 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
278,528 
285,323 
Current assets
Inventories
116,050 
112,432 
Debtors
44,165 
40,653 
Cash at bank and in hand
132 
11,858 
160,347 
164,943 
Creditors: amounts falling due within one year
(648,399)
(567,682)
Net current liabilities
(488,052)
(402,739)
Total assets less current liabilities
(209,524)
(117,416)
Creditors: amounts falling due after more than one year
(3,352)
(8,596)
Net liabilities
(212,876)
(126,012)
Capital and reserves
Called up share capital
65,002 
65,002 
Share premium
1,500 
1,500 
Revaluation reserve
141,944 
141,944 
Profit and loss account
(421,322)
(334,458)
Shareholders' funds
(212,876)
(126,012)
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 directors acknowledge their 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 of Directors and authorised for issue on 2 July 2025 and were signed on its behalf by
Mr Ralph Dobney Director Company Registration No. 00546587
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Healey & Dobney Limited Notes to the Accounts for the year ended 30 June 2024
1
Statutory information
Healey & Dobney Limited is a private company, limited by shares, registered in England and Wales, registration number 00546587. The registered office is Station Mills, Gosberton Risegate, Spalding, Lincs, PE11 4EY.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. The freehold property held in the company was revalued on 7th March 2013. Following the transition to FRS 102, the transitional relief rules have been applied to treat the valuation as a deemed cost. Where depreciation has been recognised in respect of unrelieved gains on assets included at deemed cost, that amount has been transferred to non-distributable reserves. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
2% straight line
Plant & machinery
20% reducing balance
Motor vehicles
20% reducing balance
Fixtures & fittings
15% reducing balance
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell.
Going concern
The accounts have been prepared on the basis that the company will be supported by the directors for at least the next twelve months and also the family members who are owed money by the company.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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Healey & Dobney Limited Notes to the Accounts for the year ended 30 June 2024
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 July 2023
323,540 
89,413 
120,905 
8,798 
542,656 
Additions
- 
2,500 
- 
- 
2,500 
At 30 June 2024
323,540 
91,913 
120,905 
8,798 
545,156 
Depreciation
At 1 July 2023
47,471 
88,721 
112,652 
8,489 
257,333 
Charge for the year
6,345 
704 
2,200 
46 
9,295 
At 30 June 2024
53,816 
89,425 
114,852 
8,535 
266,628 
Net book value
At 30 June 2024
269,724 
2,488 
6,053 
263 
278,528 
At 30 June 2023
276,069 
692 
8,253 
309 
285,323 
5
Inventories
2024 
2023 
£ 
£ 
Raw materials
22,550 
21,832 
Finished goods
93,500 
90,600 
116,050 
112,432 
Raw materials comprises of the consumables held as at the year end date. Finished goods comprises the cattle held as at the year end date.
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
32,126 
27,012 
Accrued income and prepayments
12,039 
13,641 
44,165 
40,653 
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Healey & Dobney Limited Notes to the Accounts for the year ended 30 June 2024
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
31,648 
6,732 
VAT
2,540 
4,651 
Trade creditors
178,598 
137,570 
Taxes and social security
13,446 
11,847 
Other creditors
205,685 
185,978 
Loans from directors
212,202 
216,664 
Accruals
4,280 
4,240 
648,399 
567,682 
Included in this year's creditors due within one year is a bank overdraft of £20,156 (none utilised as at June 2023). This overdraft was secured by a charge over the company's freehold property, and a fixed and floating charge over the company's assets. The company meets its day to day working capital requirements through an overdraft facility which is repayable on demand. The company expects to operate within the facility currently agreed. Also Included in creditors due within one year is a company credit card balance for £6,174 (2023: £1,339). Also Included in creditors due within one year is a Coronavirus Bounce Bank Loan for £5,318 (2023: £5,393).
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
3,352 
8,596 
Included in creditors due after one year is a Coronavirus Bounce Bank Loan for £3,352 (2023: £8,596).
9
Transactions with related parties
There is a balance due to the directors at the year end amounting to £212,202 (2023: £216,664). This amount is unsecured and interest free. The balance sheet also contains an amount under other creditors amounting to £205,685 (2023: £185,978). This relates to loans from family members and are unsecured and interest free.
10
Average number of employees
During the year the average number of employees was 5 (2023: 6).
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