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Registered number: 00493809
P. Hayward & Son Limited
ACCOUNTS
FOR THE YEAR ENDED 31/03/2025
Prepared By:
NB Lancaster & Co
Chartered Accountants
6 Brunswick Street
Carlisle
Cumbria
CA1 1PN
P. Hayward & Son Limited
ACCOUNTS
FOR THE YEAR ENDED 31/03/2025
DIRECTORS
D Hayward
R J Bales-McNeill
SECRETARY
R J Bales-McNeill
REGISTERED OFFICE
Whinney Fell
Forest Head
Brampton
Cumbria
CA8 1LX
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 00493809
ACCOUNTANTS
NB Lancaster & Co
Chartered Accountants
6 Brunswick Street
Carlisle
Cumbria
CA1 1PN
P. Hayward & Son Limited
ACCOUNTS
FOR THEYEARENDED31/03/2025
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-
P. Hayward & Son Limited
BALANCE SHEET AT 31/03/2025
20252024
Notes££
FIXED ASSETS
Tangible assets21,180,0451,187,539
CURRENT ASSETS
Debtors31,29041,445
Cash at bank and in hand1,152,1601,106,839
1,153,4501,148,284
CREDITORS: Amounts falling due within one year4110,288100,211
NET CURRENT ASSETS1,043,1621,048,073
TOTAL ASSETS LESS CURRENT LIABILITIES2,223,2072,235,612
CAPITAL AND RESERVES
Called up share capital620,00020,000
Profit and loss account2,203,2072,215,612
SHAREHOLDERS' FUNDS2,223,2072,235,612
For the year ending 31/03/2025 the company was entitled to exemption 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.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 08/12/2025 and signed on their behalf by
.............................
D Hayward
Director
P. Hayward & Son Limited
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31/03/2025
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Land And Buildingsstraight line 2%
Plant and Machineryreducing balance 25%
Fixtures and Fittingsreducing balance 15%
Office Equipmentstraight line 33%
Motor Vehiclesreducing balance 25%
1c. Investment Properties
Investment properties are included in the financial statements at fair value. No depreciation is provided on such property.
1d. Pension Costs
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year.
P. Hayward & Son Limited
2. TANGIBLE FIXED ASSETS
InvestmentLand AndPlant andFixtures
PropertiesBuildingsMachineryand FittingsOffice EquipmentMotor VehiclesTotal
£££££££
Cost
At 01/04/2024829,600456,49751,99029,29723,7965,7501,396,930
Additions---1,408503-1,911
At 31/03/2025829,600456,49751,99030,70524,2995,7501,398,841
Depreciation
At 01/04/2024-108,14047,66424,47223,7965,319209,391
For the year-7,1151,0819351661089,405
At 31/03/2025-115,25548,74525,40723,9625,427218,796
Net Book Amounts
At 31/03/2025829,600341,2423,2455,2983373231,180,045
At 31/03/2024829,600348,3574,3264,825-4311,187,539
Investment property was valued on an open market basis on 31 March 2025 by a director.
3. DEBTORS 20252024
££
Amounts falling due within one year
Other debtors44541,445
Prepayments and accrued income845-
1,29041,445
4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20252024
££
UK corporation tax21,97147,704
VAT5,3381,246
Other tax and social security-61
Directors current account56,38946,291
Trade creditors3,2042,509
Accruals and deferred income23,3862,400
110,288100,211
P. Hayward & Son Limited
5. EMPLOYEES
20252024
No.No.
Average number of employees22
6. SHARE CAPITAL 20252024
££
Allotted, issued and fully paid:
20000 Ordinary shares of £1 each2000020000
20,00020,000
7. RELATED PARTY TRANSACTIONS
At the balance sheet date a director was owed £56,389 by the company (2024 - £46,291). The loan is unsecured, interest free and repayable on demand.
Dividends of £76,000 were paid to the director and owners with a participating interest during the year (2024 - £76,000).
The directors were paid total salaries of £12,220 (2024 - £12,220) during the year.
8. ADDITIONAL INFORMATION
The company is a private company, limited by shares and registered in England & Wales.
The company's registered number is 00493809.
The company's registered office is Whinney Fell, Forest Head, Brampton, Cumbria, CA8 1LX.