Registered number
03506440
HICKLEASE LIMITED
Filleted Accounts
31 March 2025
HICKLEASE LIMITED
Report and accounts
Contents
Page
Company information 1
Director's report 2
Profit and loss account 3
Balance sheet 4
Notes to the accounts 5 to 7
HICKLEASE LIMITED
Company Information
Director
P M Brueton
Secretary
E J Wheeler
Accountants
N W Potter & Co
Station House
Station Road
Betchworth
Surrey
RH3 7BZ
Registered office
79 Beechen Lane
Lower Kingswood
Tadworth
Surrey
KT20 6RU
Registered number
03506440
HICKLEASE LIMITED
Registered number: 03506440
Director's Report
The director presents his report and accounts for the year ended 31 March 2025.
Principal activities
The Company is prepared to trade but there were no trading transactions this year. The principal activity would be associated with the provision of computer consultancy services.
Directors
The following persons served as directors during the year:
P M Brueton
Small company provisions
This report has been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.
This report was approved by the board on 5 August 2025 and signed on its behalf.
P M Brueton
Director
HICKLEASE LIMITED
Registered number: 03506440
Balance Sheet
as at 31 March 2025
Notes 2025 2024
£ £
Fixed assets
Tangible assets 17 19
Current assets
Cash at bank and in hand 12,202 18,858
Creditors: amounts falling due within one year 3 (451) (450)
Net current assets 11,751 18,408
Total assets less current liabilities 11,768 18,427
Creditors: amounts falling due after more than one year 4 (1,000) (1,000)
Net assets 10,768 17,427
Capital and reserves
Called up share capital 2 2
Profit and loss account 10,766 17,425
Shareholder's funds 10,768 17,427
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime.
P M Brueton
Director
Approved by the board on 5 August 2025
HICKLEASE LIMITED
Notes to the Accounts
for the year ended 31 March 2025
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Plant and machinery 18% Reducing Balance
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
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.
2 Employees 2025 2024
Number Number
Average number of persons employed by the company 1 1
3 Creditors: amounts falling due within one year 2025 2024
£ £
Other creditors 451 450
4 Creditors: amounts falling due after one year 2025 2024
£ £
Other creditors 1,000 1,000
Other creditors includes the balance of a running loan account with P M Brueton (the director). This loan to the company is treated as a long term loan although there are no formal arrangements for repayment. Mr Brueton will not be charging the company interest on this loan. The balance owed to Mr Brueton as at 31st March 2025 is £1,000. (The balance owing to Mr Brueton as at 31st March 2024 was £1,000).
5 Other information
HICKLEASE LIMITED is a private company limited by shares and incorporated in England. Its registered office is:
79 Beechen Lane
Lower Kingswood
Tadworth
Surrey
KT20 6RU
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