General Information
HANLON EXTERIORS LTD is a private company, limited by shares, registered in England and Wales, registration number 14647873, registration address 4 BOWLING GREEN, MENHENIOT , LISKEARD, PL14 3RX.
The presentation currency is £ sterling.
| 1. |
Accounting policies
Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value.
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
| Plant and machinery etc |
25% |
Deferred Tax
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities for financial reporting purposes and the amounts used for taxation. Deferred tax assets are recognised only when it is probable that they will be recovered against future taxable profits. Deferred tax is calculated using tax rates expected to apply when the timing differences reverse and is not discounted.
|
| 2. |
Average number of employees
Average number of employees during the year was 1 (2024 : 1).
|
| 3. |
Tangible fixed assets
| Cost or valuation |
Plant and machinery etc |
|
Total |
| |
£ |
|
£ |
| At 29 February 2024 |
7,540 |
|
7,540 |
| Additions |
2,835 |
|
2,835 |
| Disposals |
- |
|
- |
| At 28 February 2025 |
10,375 |
|
10,375 |
| Depreciation |
| At 29 February 2024 |
2,204 |
|
2,204 |
| Charge for year |
2,256 |
|
2,256 |
| On disposals |
- |
|
- |
| At 28 February 2025 |
4,460 |
|
4,460 |
| Net book values |
| Closing balance as at 28 February 2025 |
5,915 |
|
5,915 |
| Opening balance as at 29 February 2024 |
5,336 |
|
5,336 |
|
| 4. |
Debtors: amounts falling due within one year
|
2025
£ |
|
2024
£ |
| Trade Debtors |
87 |
|
- |
|
87 |
|
- |
|
| 5. |
Creditors: amount falling due within one year
|
2025
£ |
|
2024
£ |
| Accrued Expenses |
650 |
|
600 |
| Directors' Current Accounts |
7,656 |
|
7,821 |
|
8,306 |
|
8,421 |
|
| 6. |
Provisions for liabilities
|
2025
£ |
|
2024
£ |
| Deferred Tax |
(1,124) |
|
(1,014) |
|
(1,124) |
|
(1,014) |
|
| 7. |
Share Capital
Allotted, called up and fully paid
|
2025
£ |
|
2024
£ |
|
1
Class A share of £1.00 each |
1 |
|
1 |
|
1 |
|
1 |
|
2
|