Company Registration No. 09969243 (England and Wales)
Hartleys Auctions Ltd.
Accounts
for the year ended 31 March 2025
Hartleys Auctions Ltd.
Accounts
Contents
Hartleys Auctions Ltd.
Company Information
for the year ended 31 March 2025
Directors
Emma Padgett
Charles Hartley
Company Number
09969243 (England and Wales)
Registered Office
Hartleys Auctions Ltd
Little Lane
Ilkley
West Yorkshire
LS29 8EA
England
Accountants
Lucy Hartley Accountancy
28 Bark Lane
Addingham
West Yorkshire
LS29 0RB
Hartleys Auctions Ltd.
Statement of financial position
as at 31 March 2025
Intangible assets
6,000
12,000
Tangible assets
16,063
20,459
Cash at bank and in hand
285,408
229,980
Creditors: amounts falling due within one year
(139,882)
(149,236)
Net current assets
294,746
316,479
Total assets less current liabilities
316,809
348,938
Provisions for liabilities
Deferred tax
(2,618)
(3,410)
Net assets
314,191
345,528
Called up share capital
100
100
Profit and loss account
314,091
345,428
Shareholders' funds
314,191
345,528
For the year ending 31 March 2025 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.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 11 November 2025 and were signed on its behalf by
Charles Hartley
Director
Company Registration No. 09969243
Hartleys Auctions Ltd.
Notes to the Accounts
for the year ended 31 March 2025
Hartleys Auctions Ltd. is a private company, limited by shares, registered in England and Wales, registration number 09969243. The registered office is Hartleys Auctions Ltd, Little Lane, Ilkley, West Yorkshire, LS29 8EA, England.
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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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Turnover consists of commissions, premiums and other revenue from auctions, together with other fees for the period, excluding value added tax.
Goodwill in connection with the acquisition of the company's business is stated at cost less accumulated amortisation and any impairment losses. Amortisation is being charged on a straight line basis over its estimated useful life of 10 years.
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:
Motor vehicles
25% Reducing Balance
Fixtures & fittings
20% of reducing balance
Computer equipment
3 years straight line
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 and 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 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.
Hartleys Auctions Ltd.
Notes to the Accounts
for the year ended 31 March 2025
Pension contributions payable are charged to profit and loss in the period to which they relate
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Intangible fixed assets
Total
5
Tangible fixed assets
Total
6
Average number of employees
During the year the average number of employees was 18 (2024: 18).