Company Registration No. 10696769 (England and Wales)
Hemp-Lime Spray Limited
Unaudited accounts
for the year ended 31 March 2025
Hemp-Lime Spray Limited
Unaudited accounts
Contents
Hemp-Lime Spray Limited
Company Information
for the year ended 31 March 2025
Directors
G Durrant
F Greenhalgh
Company Number
10696769 (England and Wales)
Registered Office
13 SCHOOL LANE
SPOONER ROW
WYMONDHAM
NR18 9JP
UNITED KINGDOM
Accountants
Mrs A C Howell
13 Ipswich Grove
Norwich
Norfolk
NR2 2LU
Hemp-Lime Spray Limited
Statement of financial position
as at 31 March 2025
Intangible assets
2,000
3,000
Tangible assets
25,280
27,700
Cash at bank and in hand
22,820
10,582
Creditors: amounts falling due within one year
(11,719)
(10,722)
Net current assets
19,426
1,006
Total assets less current liabilities
46,706
31,706
Provisions for liabilities
Deferred tax
(4,454)
(4,837)
Called up share capital
100
100
Profit and loss account
42,152
26,769
Shareholders' funds
42,252
26,869
For the year ending 31 March 2025 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 11 August 2025 and were signed on its behalf by
F Greenhalgh
Director
Company Registration No. 10696769
Hemp-Lime Spray Limited
Notes to the Accounts
for the year ended 31 March 2025
Hemp-Lime Spray Limited is a private company, limited by shares, registered in England and Wales, registration number 10696769. The registered office is 13 SCHOOL LANE, SPOONER ROW, WYMONDHAM, NR18 9JP, UNITED KINGDOM.
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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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 and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% reducing balance
Motor vehicles
25% reducing balance
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Stock has been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Hemp-Lime Spray Limited
Notes to the Accounts
for the year ended 31 March 2025
4
Intangible fixed assets
Other
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 April 2024
48,108
19,450
67,558
At 31 March 2025
54,115
19,450
73,565
At 1 April 2024
27,603
12,255
39,858
Charge for the year
6,628
1,799
8,427
At 31 March 2025
34,231
14,054
48,285
At 31 March 2025
19,884
5,396
25,280
At 31 March 2024
20,505
7,195
27,700
Amounts falling due within one year
Accrued income and prepayments
385
636
7
Creditors: amounts falling due within one year
2025
2024
Taxes and social security
4,612
445
Loans from directors
6,527
9,702
Hemp-Lime Spray Limited
Notes to the Accounts
for the year ended 31 March 2025
8
Average number of employees
During the year the average number of employees was 2 (2024: 2).