REGISTERED NUMBER: 09874389 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

HARTWOOD PROJECTS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

A F Finlay

S A Finlay-Marsh

REGISTERED OFFICE:

Jaggers Lane

Matlock

Derbyshire

DE4 5LH

REGISTERED NUMBER:

09874389 (England and Wales)

ACCOUNTANTS:

Beeley Hawley & Co. Ltd

Chartered Accountants

42-44 Nottingham Road

Mansfield

Nottinghamshire

NG18 1BL

CURRENT ASSETS

Debtors

4

310,065

371,329

Cash at bank

17,401

1,252

327,466

372,581

CREDITORS

Amounts falling due within one year

5

401,839

446,351

NET CURRENT LIABILITIES

(74,373

)

(73,770

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(74,373

)

(73,770

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(74,473

)

(73,870

)

(74,373

)

(73,770

)

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 directors acknowledge their 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 Board of Directors and authorised for issue on 23 September 2025 and were signed on its behalf by:

A F Finlay - Director

1.	STATUTORY INFORMATION

Hartwood Projects Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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.

Notwithstanding the loss for the year, the directors consider that it is appropriate for the financial statements to be prepared on a going concern basis. The directors are satisfied that the company has the support of its related undertakings to enable it to continue as a going concern for at least 12 months from the date of signing the financial statements.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Going concern

At the balance sheet date, the company recorded net liabilities of £74,373. In determining the appropriate basis of preparation of these financial statements, the directors are required to consider whether the company can continue in operational existence for at least 12 months following the signing of this report. The directors understand that the company will receive the full support of its creditors throughout this period and it is appropriate for the financial statements to be prepared on a going concern basis.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Other debtors

310,065

371,329

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Amounts owed to group undertakings

400,534

444,938

VAT

225

333

Accrued expenses

1,080

1,080

401,839

446,351

6.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2024 and 31 December 2023:

2024

2023

£

£

A F Finlay

Balance outstanding at start of year

26,000

-

Amounts advanced

52,000

48,500

Amounts repaid

(78,000

)

(22,500

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

26,000