REGISTERED NUMBER: 06445094 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2024

for

Hayes Estates Limited

Page

Statement of Financial Position

1

Notes to the Financial Statements

3

FIXED ASSETS

Property, plant and equipment

4

573,495

573,729

CURRENT ASSETS

Cash at bank and in hand

18,077

18,123

CREDITORS

Amounts falling due within one year

5

73,429

66,626

NET CURRENT LIABILITIES

(55,352

)

(48,503

)

TOTAL ASSETS LESS CURRENT LIABILITIES

518,143

525,226

CREDITORS

Amounts falling due after more than one year

6

348,793

371,678

NET ASSETS

169,350

153,548

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Retained earnings

168,350

152,548

SHAREHOLDERS' FUNDS

169,350

153,548

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 1 September 2025 and were signed by:

Mr Jatinder Singh Khera - Director

1.	STATUTORY INFORMATION

Hayes Estates Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

06445094

Registered office:

93a Wolsey Road

Northwood

HA6 2ER

The presentation currency of the financial statements is the Pound Sterling (£).

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Land and buildings

-

in accordance with the property

Plant and machinery etc

-

10% on reducing balance

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

4.	PROPERTY, PLANT AND EQUIPMENT

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 January 2024

and 31 December 2024

571,385

12,495

583,880

DEPRECIATION

At 1 January 2024

-

10,151

10,151

Charge for year

-

234

234

At 31 December 2024

-

10,385

10,385

NET BOOK VALUE

At 31 December 2024

571,385

2,110

573,495

At 31 December 2023

571,385

2,344

573,729

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Taxation and social security

3,762

3,336

Other creditors

69,667

63,290

73,429

66,626

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans

22,124

48,244

Other creditors

326,669

323,434

348,793

371,678