Hall-McLean & De Watts (Hm-D) Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 12490074

		31 March 2025		31 March 2024 as restated
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		87,261		100,627
Investments	5		5,000		5,000

			92,261		105,627
CURRENT ASSETS
Stocks	6	55,953		63,132
Debtors	7	140,294		331,998
Cash at bank and in hand		164,737		5,205

		360,984		400,335
Creditors: Amounts Falling Due Within One Year	8	(541,360 )		(539,847 )

NET CURRENT ASSETS (LIABILITIES)			(180,376 )		(139,512 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(88,115 )		(33,885 )

Creditors: Amounts Falling Due After More Than One Year	9		(11,900 )		(49,099 )

NET LIABILITIES			(100,015 )		(82,984 )

CAPITAL AND RESERVES
Called up share capital	11		20,200		10,100
Profit and Loss Account			(120,215 )		(93,084 )

SHAREHOLDERS' FUNDS			(100,015)		(82,984)

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Hall-McLean & De Watts (Hm-D) Ltd

Balance Sheet (continued)

As At 31 March 2025

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 member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his 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 company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Leo De Watts

Director

30th December 2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Hall-McLean & De Watts (Hm-D) Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 12490074 . The registered office is Eastworth Farm, Edmondsham Road, Verwood, England,, BH31 7PB.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Motor Vehicles	20% reducing balance
Computer Equipment	33.3% straight line

Transporatble homes (Investment properties) 10% reducing balance

2.4. Investment Properties

All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.

2.5. Leasing and Hire Purchase Contracts

Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.

2.6. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

2.7. Foreign Currencies

Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.

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Hall-McLean & De Watts (Hm-D) Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

3. Average Number of Employees

Average number of employees, including directors, during the year was: 2 (2024: 3)

4. Tangible Assets

	Investment Properties	Motor Vehicles	Computer Equipment	Total
	£	£	£	£
Cost
As at 1 April 2024	98,036	39,500	507	138,043

As at 31 March 2025	98,036	39,500	507	138,043

Depreciation
As at 1 April 2024	29,123	8,124	169	37,416
Provided during the period	6,892	6,305	169	13,366

As at 31 March 2025	36,015	14,429	338	50,782

Net Book Value
As at 31 March 2025	62,021	25,071	169	87,261

As at 1 April 2024	68,913	31,376	338	100,627

5. Investments

	Other
	£
Cost or Valuation
As at 1 April 2024	5,000

As at 31 March 2025	5,000

Provision
As at 1 April 2024	-

As at 31 March 2025	-

Net Book Value
As at 31 March 2025	5,000

As at 1 April 2024	5,000

6. Stocks

	31 March 2025	31 March 2024 as restated
	£	£
Finished goods	55,953	63,132

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Hall-McLean & De Watts (Hm-D) Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

7. Debtors

	31 March 2025	31 March 2024 as restated
	£	£
Due within one year
Trade debtors	113,082	11,056
Other debtors	(30,652)	260,918

	82,430	271,974
Due after more than one year
Other debtors	57,864	60,024

	140,294	331,998

8. Creditors: Amounts Falling Due Within One Year

	31 March 2025	31 March 2024 as restated
	£	£
Net obligations under finance lease and hire purchase contracts	22,960	30,661
Trade creditors	19,524	27,503
Other creditors	486,618	471,545
Taxation and social security	12,258	10,138

	541,360	539,847

9. Creditors: Amounts Falling Due After More Than One Year

	31 March 2025	31 March 2024 as restated
	£	£
Other loans	-	37,199
Other creditors	11,900	11,900

	11,900	49,099

10. Obligations Under Finance Leases and Hire Purchase

	31 March 2025	31 March 2024 as restated
	£	£
The future minimum finance lease payments are as follows:
Not later than one year	22,960	30,661

11. Share Capital

	31 March 2025	31 March 2024 as restated
	£	£
Allotted, Called up and fully paid	20,200	10,100

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