Company Registration No. 07330217 (England and Wales)
HELE CROSS SERVICE STATION LIMITED
Unaudited accounts
for the year ended 30 November 2024
HELE CROSS SERVICE STATION LIMITED
Unaudited accounts
Contents
HELE CROSS SERVICE STATION LIMITED
Company Information
for the year ended 30 November 2024
Directors
JAMES PRESCOTT
JULIE PRESCOTT
Company Number
07330217 (England and Wales)
Registered Office
HELE CROSS SERVICE STATION
HELE ROAD
TORQUAY
DEVON
TQ2 7QG
Accountants
MCADAM & CO LTD
36 Highglen Drive
Plymouth
PL7 5LA
Accountants' report to the board of directors on the preparation of the unaudited statutory statements of HELE CROSS SERVICE STATION LIMITED (The Company) for the year ended 30 November 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of the company for the year ended 30 November 2024 which comprises of the profit and loss account, the balance sheet, and explanatory notes from the company's accounting records and from information and explanations which you have provided us with.
As a member firm of the Institute of Financial Accountants (IFA), we are subject to its ethical and other professional requirements which are detailed at https://ifa.org.uk/about-us/acting-in-the-public-interest/memberregulations.
This report is made solely to the board of directors of the company, as a body, in accordance with the terms of our letter of engagement dated . Our work has been undertaken solely to prepare for your approval the financial statements of the company, and state those matters that we have agreed to state to the board of directors of the company as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its board of directors as a body for our work or for this report.
It is your duty to ensure that the company has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and financial performance of the company. You consider that the company is exempt from the requirement to have a statutory audit for the year ended 30 November 2024.
We have not been instructed to carry out any assurance service on the financial statements of the company. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
MCADAM & CO LTD
Financial Accountants
36 Highglen Drive
Plymouth
PL7 5LA
17 June 2025
HELE CROSS SERVICE STATION LIMITED
Statement of financial position
as at 30 November 2024
Intangible assets
7,500
15,000
Tangible assets
141,431
95,277
Cash at bank and in hand
121,395
209,982
Creditors: amounts falling due within one year
(342,117)
(282,130)
Net current (liabilities)/assets
(11,440)
80,664
Total assets less current liabilities
137,491
190,941
Provisions for liabilities
Deferred tax
(6,781)
(8,269)
Net assets
130,710
182,672
Called up share capital
100
100
Profit and loss account
130,610
182,572
Shareholders' funds
130,710
182,672
For the year ending 30 November 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 17 June 2025 and were signed on its behalf by
JAMES PRESCOTT
Director
Company Registration No. 07330217
HELE CROSS SERVICE STATION LIMITED
Notes to the Accounts
for the year ended 30 November 2024
HELE CROSS SERVICE STATION LIMITED is a private company, limited by shares, registered in England and Wales, registration number 07330217. The registered office is HELE CROSS SERVICE STATION, HELE ROAD, TORQUAY, DEVON, TQ2 7QG.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover / Revenue Recognition
Turnover represents the value, net of VAT and discounts, of goods provided to customers net of any returns.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Intangible fixed assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight basis over their estimated useful economic lives. Impairment of intangible fixed assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down of loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expenses in the period in which the reversal occurs.
HELE CROSS SERVICE STATION LIMITED
Notes to the Accounts
for the year ended 30 November 2024
4
Intangible fixed assets
Goodwill
At 1 December 2023
100,000
At 30 November 2024
100,000
At 30 November 2024
92,500
At 30 November 2023
15,000
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 December 2023
191,352
39,208
3,864
9,260
243,684
Additions
-
77,288
-
-
77,288
At 30 November 2024
191,352
116,496
3,864
9,260
320,972
At 1 December 2023
110,201
27,354
3,864
6,988
148,407
Charge for the year
14,679
16,046
-
409
31,134
At 30 November 2024
124,880
43,400
3,864
7,397
179,541
At 30 November 2024
66,472
73,096
-
1,863
141,431
At 30 November 2023
81,151
11,854
-
2,272
95,277
Amounts falling due within one year
Trade debtors
94,754
63,974
Accrued income and prepayments
9,875
8,917
Other debtors
7,880
14,460
7
Creditors: amounts falling due within one year
2024
2023
Trade creditors
238,740
173,137
Taxes and social security
74,597
100,027
Loans from directors
21,126
2,087
HELE CROSS SERVICE STATION LIMITED
Notes to the Accounts
for the year ended 30 November 2024
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
9
Average number of employees
During the year the average number of employees was 17 (2023: 15).