REGISTERED NUMBER: 07738395 (England and Wales)

G S HAINES & SONS LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 MARCH 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

P G Haines

R P Haines

REGISTERED OFFICE:

Parkers Farm

Langrick Road

Coningsby

Lincoln

Lincolnshire

LN4 4RU

REGISTERED NUMBER:

07738395 (England and Wales)

ACCOUNTANTS:

Dexter & Sharpe (Boston)

The Old Vicarage

Church Close

Boston

Lincolnshire

PE21 6NA

FIXED ASSETS

Tangible assets

3

21,348

28,893

CURRENT ASSETS

Debtors

4

1,440,899

1,450,597

Cash at bank

1,686

127,999

1,442,585

1,578,596

CREDITORS

Amounts falling due within one year

5

1,834

1,540

NET CURRENT ASSETS

1,440,751

1,577,056

TOTAL ASSETS LESS CURRENT LIABILITIES

1,462,099

1,605,949

PROVISIONS FOR LIABILITIES

4,056

5,070

NET ASSETS

1,458,043

1,600,879

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

1,457,943

1,600,779

SHAREHOLDERS' FUNDS

1,458,043

1,600,879

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 March 2025 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 26 November 2025 and were signed on its behalf by:

P G Haines - Director

R P Haines - Director

1.	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.

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 balance sheet date.

Deferred tax

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.

2.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - NIL).

3.	TANGIBLE FIXED ASSETS

Freehold

Plant and

property

machinery

Totals

£

£

£

COST

At 31 March 2024

and 30 March 2025

159,125

237,427

396,552

DEPRECIATION

At 31 March 2024

156,917

210,742

367,659

Charge for year

2,208

5,337

7,545

At 30 March 2025

159,125

216,079

375,204

NET BOOK VALUE

At 30 March 2025

-

21,348

21,348

At 30 March 2024

2,208

26,685

28,893

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

1,395,970

1,395,970

Other debtors

44,929

54,627

1,440,899

1,450,597

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

294

-

Other creditors

1,540

1,540

1,834

1,540