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Company Registration No. 14370192 (England and Wales)
Hastewell Bayes Ltd Unaudited accounts for the period from 2 October 2023 to 30 September 2024
Hastewell Bayes Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Hastewell Bayes Ltd Company Information for the period from 2 October 2023 to 30 September 2024
Directors
Edward Thomas Michael Roberts Joseph James Harry Sharrat
Company Number
14370192 (England and Wales)
Registered Office
296a Camberwell New Road London SE5 0RP England
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Hastewell Bayes Ltd Statement of financial position as at 30 September 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
194,004 
111,230 
Current assets
Inventories
6,064 
5,247 
Debtors
5
41,040 
42,007 
Cash at bank and in hand
(776)
(9,696)
46,328 
37,558 
Creditors: amounts falling due within one year
6
(179,049)
(59,191)
Net current liabilities
(132,721)
(21,633)
Total assets less current liabilities
61,283 
89,597 
Creditors: amounts falling due after more than one year
7
(83,188)
(98,059)
Provisions for liabilities
Deferred tax
(4,096)
(4,096)
Net liabilities
(26,001)
(12,558)
Capital and reserves
Called up share capital
200 
200 
Share premium
99,956 
- 
Profit and loss account
(126,157)
(12,758)
Shareholders' funds
(26,001)
(12,558)
For the period ending 30 September 2024 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 29 September 2025 and were signed on its behalf by
Joseph James Harry Sharrat Director Company Registration No. 14370192
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Hastewell Bayes Ltd Notes to the Accounts for the period from 2 October 2023 to 30 September 2024
1
Statutory information
Hastewell Bayes Ltd is a private company, limited by shares, registered in England and Wales, registration number 14370192. The registered office is 296a Camberwell New Road, London, SE5 0RP, England.
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.
3
Accounting policies
These financial statements for the period from 2 October 2023 to 30 September 2024 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 22 September 2022. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
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
has been depreciated using the straight line method over 5 years
Fixtures & fittings
has been depreciated using the straight line method over 5 years
Going concern
At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.
Deferred taxation
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.
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Hastewell Bayes Ltd Notes to the Accounts for the period from 2 October 2023 to 30 September 2024
4
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 2 October 2023
3,102 
112,183 
115,285 
Additions
71,719 
53,524 
125,243 
At 30 September 2024
74,821 
165,707 
240,528 
Depreciation
At 2 October 2023
200 
3,855 
4,055 
Charge for the period
10,044 
32,425 
42,469 
At 30 September 2024
10,244 
36,280 
46,524 
Net book value
At 30 September 2024
64,577 
129,427 
194,004 
At 1 October 2023
2,902 
108,328 
111,230 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Accrued income and prepayments
5,040 
6,007 
Amounts falling due after more than one year
Other debtors
36,000 
36,000 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
44,950 
26,232 
VAT
37,053 
(9,426)
Trade creditors
41,123 
5,041 
Taxes and social security
41,271 
278 
Other creditors
(826)
1,049 
Loans from directors
(11,485)
13,500 
Accruals
26,963 
22,517 
179,049 
59,191 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
43,233 
58,104 
Other creditors
39,955 
39,955 
83,188 
98,059 
8
Average number of employees
During the period the average number of employees was 5 (2023: 2).
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