REGISTERED NUMBER: 07265840 (England and Wales)

HAYSTON DEVELOPMENTS & PLANNING LTD

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

A Vaughan-Harries

Mrs L A Vaughan-Harries

REGISTERED OFFICE:

45 High Street

Haverfordwest

Pembrokeshire

SA61 2BP

REGISTERED NUMBER:

07265840 (England and Wales)

ACCOUNTANTS:

Bevan Buckland LLP

Chartered Accountants

45 High Street

Haverfordwest

Pembrokeshire

SA61 2BP

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

65,785

72,925

65,785

72,925

CURRENT ASSETS

Stocks

82,693

11,600

Debtors

6

81,825

67,291

Cash at bank

109,092

157,804

273,610

236,695

CREDITORS

Amounts falling due within one year

7

73,692

65,562

NET CURRENT ASSETS

199,918

171,133

TOTAL ASSETS LESS CURRENT LIABILITIES

265,703

244,058

CREDITORS

Amounts falling due after more than one year

8

(9,863

)

-

PROVISIONS FOR LIABILITIES

(3,981

)

(4,125

)

NET ASSETS

251,859

239,933

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

251,759

239,833

SHAREHOLDERS' FUNDS

251,859

239,933

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 29 September 2025 and were signed on its behalf by:

A Vaughan-Harries - Director

Mrs L A Vaughan-Harries - Director

1.	STATUTORY INFORMATION

Hayston Developments & Planning Ltd 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.

Turnover

Turnover represents net invoiced services, excluding value added tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2010, is being amortised evenly over its estimated useful life of four years.

Tangible fixed assets

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

Leasehold Improvements to property

-

10% straight line

Plant and Machinery

-

15% reducing balance

Fixtures and fittings

-

15% reducing balance

Computer equipment

-

25% straight line

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - 4 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 January 2024

and 31 December 2024

10,000

AMORTISATION

At 1 January 2024

and 31 December 2024

10,000

NET BOOK VALUE

At 31 December 2024

-

At 31 December 2023

-

5.	TANGIBLE FIXED ASSETS

Leasehold

Improvements

Fixtures

to

Plant and

and

Computer

property

Machinery

fittings

equipment

Totals

£

£

£

£

£

COST

At 1 January 2024

56,309

28,364

16,241

5,756

106,670

Additions

955

292

-

1,618

2,865

At 31 December 2024

57,264

28,656

16,241

7,374

109,535

DEPRECIATION

At 1 January 2024

7,030

10,398

12,103

4,214

33,745

Charge for year

5,726

2,741

619

919

10,005

At 31 December 2024

12,756

13,139

12,722

5,133

43,750

NET BOOK VALUE

At 31 December 2024

44,508

15,517

3,519

2,241

65,785

At 31 December 2023

49,279

17,966

4,138

1,542

72,925

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

41,960

27,426

Amounts owed by associated companies

39,865

39,865

81,825

67,291

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade creditors

22,795

16,742

Taxation and social security

40,702

40,226

Other creditors

10,195

8,594

73,692

65,562

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Other creditors

9,863

-

9.	RELATED PARTY DISCLOSURES

During the year the directors made funds available to the company to assist with the provision of working capital. The loan was interest free, unsecured and repayable on demand. The amount outstanding at the balance sheet date was £983 (2023 - £1,234).

Hayston Business Park Ltd is a company in which Mr A Vaughan-Harries and Mrs L A Vaughan-Harries are shareholders. The were no intercompany transfers made in the year. The amount owed by Hayston Business Park Ltd at its balance sheet date was £39,865 (2023 - £39,865).