Registered number
09300730
Hall Farm Cottages Ltd
Filleted Accounts
30 November 2024
Hall Farm Cottages Ltd
Registered number: 09300730
Balance Sheet
as at 30 November 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 2,071 8,146
Current assets
Debtors 4 4,620 1,815
Cash at bank and in hand 5,525 5,958
10,145 7,773
Creditors: amounts falling due within one year 5 (16,340) (12,388)
Net current liabilities (6,195) (4,615)
Total assets less current liabilities (4,124) 3,531
Provisions for liabilities - (419)
Net (liabilities)/assets (4,124) 3,112
Capital and reserves
Called up share capital 150 150
Profit and loss account (4,274) 2,962
Shareholders' funds (4,124) 3,112
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their 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. The profit and loss account has not been delivered to the Registrar of Companies.
Mrs G Mchugh
Director
Approved by the board on 25 July 2025
Hall Farm Cottages Ltd
Notes to the Accounts
for the year ended 30 November 2024
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:
Fixtures, fittings, tools and equipment over 4 years
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.
Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 0 0
3 Tangible fixed assets
Equipment, fixutres & fittings
£
Cost
At 1 December 2023 29,368
At 30 November 2024 29,368
Depreciation
At 1 December 2023 21,222
Charge for the year 6,075
At 30 November 2024 27,297
Net book value
At 30 November 2024 2,071
At 30 November 2023 8,146
4 Debtors 2024 2023
£ £
Deferred tax asset 1,279 -
Other debtors 3,341 1,815
4,620 1,815
5 Creditors: amounts falling due within one year 2024 2023
£ £
Taxation and social security costs (1) 1,148
Other creditors 16,341 11,240
16,340 12,388
6 Other information
Hall Farm Cottages Ltd is a private company limited by shares and incorporated in England. Its registered office is:
Althorne Hall Farm
Fambridge Road
Chelmsford
Essex
CM3 6BZ
Hall Farm Cottages Ltd 09300730 false 2023-12-01 2024-11-30 2024-11-30 VT Final Accounts April 2025 Mrs G Mchugh No description of principal activity 09300730 2022-12-01 2023-11-30 09300730 core:WithinOneYear 2023-11-30 09300730 core:ShareCapital 2023-11-30 09300730 core:RetainedEarningsAccumulatedLosses 2023-11-30 09300730 2023-12-01 2024-11-30 09300730 bus:PrivateLimitedCompanyLtd 2023-12-01 2024-11-30 09300730 bus:AuditExemptWithAccountantsReport 2023-12-01 2024-11-30 09300730 bus:Director40 2023-12-01 2024-11-30 09300730 1 2023-12-01 2024-11-30 09300730 2 2023-12-01 2024-11-30 09300730 core:PlantMachinery 2023-12-01 2024-11-30 09300730 countries:England 2023-12-01 2024-11-30 09300730 bus:FRS102 2023-12-01 2024-11-30 09300730 bus:FilletedAccounts 2023-12-01 2024-11-30 09300730 2024-11-30 09300730 core:WithinOneYear 2024-11-30 09300730 core:ShareCapital 2024-11-30 09300730 core:RetainedEarningsAccumulatedLosses 2024-11-30 09300730 core:PlantMachinery 2024-11-30 09300730 2023-11-30 09300730 core:PlantMachinery 2023-11-30 iso4217:GBP xbrli:pure