REGISTERED NUMBER: SC324080 (Scotland)

Unaudited Financial Statements for the Year Ended 31 December 2024

for

Hazledene Homes Shotts Limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

DIRECTORS:

M D Shaw

Hazledene Homes Limited

D Ashton

Amity Limited

REGISTERED OFFICE:

The Ca'd'ora

45 Gordon Street

Glasgow

G1 3PE

REGISTERED NUMBER:

SC324080 (Scotland)

ACCOUNTANTS:

AR Accountancy

Chartered Accountants

3 Holmwood Park

Crossford

Lanarkshire

ML8 5SZ

SOLICITORS:

Harper Macleod LLP

The Ca'd'ora

45 Gordon Street

Glasgow

G1 3PE

CURRENT ASSETS

Debtors

4

50

50

CREDITORS

Amounts falling due within one year

5

1,273

1,236

NET CURRENT LIABILITIES

(1,223

)

(1,186

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(1,223

)

(1,186

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(1,323

)

(1,286

)

SHAREHOLDERS' FUNDS

(1,223

)

(1,186

)

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 22 September 2025 and were signed on its behalf by:

M D Shaw - Director

1.	STATUTORY INFORMATION

Hazledene Homes Shotts Limited is a private company, limited by shares , registered in Scotland. 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.

Going concern

The financial statements have been prepared on a going concern basis which assumes that the company will continue to meet its obligations as they fall due for at least 12 months from the date of approval of the financial statements. During the year the company made a loss of £37 and had net liabilities of £1,223 at the year end.

The directors recognise that the company relies on the financial support provided by Hazledene Group Limited . Hazledene Group Limited has confirmed that it will continue to support the working capital needs of the company for a period not less than 12 months from the date of the approval of these financial statements. Accordingly, the directors consider that it is appropriate to prepare the financial statements on a going concern basis.

Significant judgements and estimates

Preparation of the financial statements requires management to make significant judgements and estimates. There are no items in the financial statements where any significant judgements or estimates have been made.

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

3.	EMPLOYEES AND DIRECTORS

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

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Called up share capital not paid

50

50

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Accruals and deferred income

1,273

1,236

6.	RELATED PARTY DISCLOSURES

Hazledene Group Limited

Parent of Hazledene Homes Limited, the JV partner in Hazledene Homes Shotts Limited

During the year Hazledene Group Limited paid expenses of £9,010 (2023 £5,573) on behalf of Hazledene Homes Shotts Limited. In addition, interest was charged on this balance of £nil (2023 £46,789). The company owed £nil (2023 £nil) to Hazledene Group Limited at the year end as the full balance was written off by Hazledene Group Limited.

Mark Shaw, a director of Hazledene Homes Shotts Limited, is also a director of Hazledene Group Limited.

7.	ULTIMATE CONTROLLING PARTY