| REGISTERED NUMBER: |
| Unaudited Financial Statements |
| for the Period 3 November 2023 to 30 November 2024 |
| for |
| Hermitage Woodlands Limited |
| REGISTERED NUMBER: |
| Unaudited Financial Statements |
| for the Period 3 November 2023 to 30 November 2024 |
| for |
| Hermitage Woodlands Limited |
| Hermitage Woodlands Limited (Registered number: 15259885) |
| Contents of the Financial Statements |
| for the Period 3 November 2023 to 30 November 2024 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 3 |
| Hermitage Woodlands Limited |
| Company Information |
| for the Period 3 November 2023 to 30 November 2024 |
| DIRECTORS: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Certified Accountants |
| Unit 6 |
| St Georges Square |
| Portsmouth |
| Hampshire |
| PO1 3EY |
| Hermitage Woodlands Limited (Registered number: 15259885) |
| Balance Sheet |
| 30 November 2024 |
| Notes | £ | £ |
| FIXED ASSETS |
| Tangible assets | 4 |
| CURRENT ASSETS |
| Debtors | 5 |
| CREDITORS |
| Amounts falling due within one year | 6 |
| NET CURRENT LIABILITIES | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CAPITAL AND RESERVES |
| Called up share capital |
| Revaluation reserve | 7 |
| The directors acknowledge their 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 were approved by the Board of Directors and authorised for issue on |
| Hermitage Woodlands Limited (Registered number: 15259885) |
| Notes to the Financial Statements |
| for the Period 3 November 2023 to 30 November 2024 |
| 1. | STATUTORY INFORMATION |
| Hermitage Woodlands Limited is a |
| The presentation currency of the financial statements is the Pound Sterling (£). |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| 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 represents the amount derived from ordinary activities, stated after discounts, value added tax and any other sales taxes, where applicable. Turnover is the value of work performed during the year with respect to services. |
| Tangible fixed assets |
| Items or property, plant and equipment are stated at cost of acquisition less accumulated depreciation. |
| Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives. |
| The gain or loss arising from the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset and is credited or charged to profit or loss. |
| Financial instruments |
| Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. |
| Basic financial assets |
| Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and subsequently measured at amortised cost using the effective interest |
| method. Financial assets classified as receivable within one year are not amortised. |
| Basic financial liabilities |
| Basic financial liabilities, including trade and other creditors are initially recognised at transaction price. Financial liabilities classified as payable within one year are not amortised. |
| Equity instruments |
| Equity instruments issued by the company are recorded at the proceeds received, net of direct issue costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company. |
| Taxation |
| A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. |
| Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the Financial Statements and their inclusion in tax assessments. |
| 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. |
| Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. |
| Current and deferred tax assets and liabilities are not discounted. |
| Hermitage Woodlands Limited (Registered number: 15259885) |
| Notes to the Financial Statements - continued |
| for the Period 3 November 2023 to 30 November 2024 |
| 2. | ACCOUNTING POLICIES - continued |
| Going concern |
| The directors note that the group is trading adequately and has sufficiently working capital and other finance available to continue trading for a period of not less than 12 months from the date of signing these financial statements. There are no significant uncertainties in their assessment of whether the business is a going concern and therefore have prepared the accounts on a going concern basis. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the period was NIL. |
| 4. | TANGIBLE FIXED ASSETS |
| Plant and |
| machinery |
| etc |
| £ |
| COST OR VALUATION |
| Additions |
| Revaluations |
| At 30 November 2024 |
| NET BOOK VALUE |
| At 30 November 2024 |
| Cost or valuation at 30 November 2024 is represented by: |
| Plant and |
| machinery |
| etc |
| £ |
| Valuation in 0 | 440,000 |
| Cost | 62,143 |
| 502,143 |
| 5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| £ |
| Amounts owed by group undertakings |
| 6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| £ |
| Other creditors |
| 7. | RESERVES |
| Revaluation |
| reserve |
| £ |
| Revaluation Reserve | 440,000 |
| At 30 November 2024 |
| 8. | RELATED PARTY DISCLOSURES |
| The Company has taken advantage of the exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group. |
| Hermitage Woodlands Limited (Registered number: 15259885) |
| Notes to the Financial Statements - continued |
| for the Period 3 November 2023 to 30 November 2024 |
| 9. | POST BALANCE SHEET EVENTS |
| There are no reportable events between the date of the Financial Statements and the date of the signing these Financial Statements. |