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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
Page
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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
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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
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HELE CROSS SERVICE STATION LIMITED Statement of financial position as at 30 November 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
7,500 
15,000 
Tangible assets
141,431 
95,277 
148,931 
110,277 
Current assets
Inventories
96,773 
65,461 
Debtors
112,509 
87,351 
Cash at bank and in hand
121,395 
209,982 
330,677 
362,794 
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 
Capital and reserves
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
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HELE CROSS SERVICE STATION LIMITED Notes to the Accounts for the year ended 30 November 2024
1
Statutory information
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.
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.
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:
Plant & machinery
18%
Motor vehicles
18%
Computer equipment
18%
Intangible fixed assets
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
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.
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HELE CROSS SERVICE STATION LIMITED Notes to the Accounts for the year ended 30 November 2024
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 December 2023
100,000 
At 30 November 2024
100,000 
Amortisation
At 1 December 2023
85,000 
Charge for the year
7,500 
At 30 November 2024
92,500 
Net book value
At 30 November 2024
7,500 
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 
Depreciation
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 
Net book value
At 30 November 2024
66,472 
73,096 
- 
1,863 
141,431 
At 30 November 2023
81,151 
11,854 
- 
2,272 
95,277 
6
Debtors
2024 
2023 
£ 
£ 
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 
112,509 
87,351 
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 
Accruals
7,654 
6,879 
342,117 
282,130 
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HELE CROSS SERVICE STATION LIMITED Notes to the Accounts for the year ended 30 November 2024
8
Share capital
2024 
2023 
£ 
£ 
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).
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