ACCOUNTS - Final Accounts

Registered number: 12639960

HAYNEAD DEVELOPMENT LIMITED

UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 JUNE 2025

HAYNEAD DEVELOPMENT LIMITED

REGISTERED NUMBER: 12639960

BALANCE SHEET

AS AT 30 JUNE 2025

		2025		2024
Note		£		£

Fixed assets
Investment property	4		660,000		660,000
			660,000		660,000
Current assets
Debtors: amounts falling due within one year	5	81,001		1,001
Cash at bank and in hand		100,952		332,661
		181,953		333,662
Creditors: amounts falling due within one year	6	(384,970)		(515,583)
Net current liabilities			(203,017)		(181,921)
Total assets less current liabilities			456,983		478,079

Net assets			456,983		478,079

Capital and reserves
Called up share capital	3	3
Profit and loss account	456,980	478,076
	456,983	478,079

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HAYNEAD DEVELOPMENT LIMITED

REGISTERED NUMBER: 12639960

BALANCE SHEET (CONTINUED)

AS AT 30 JUNE 2025

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by:

S F Haynes

Director

Date: 28 April 2026

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

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HAYNEAD DEVELOPMENT LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2025

1.	General information

The company is a private company limited by shares, and is incorporated in England and Wales. The address of its registered office is Templeton House, Templeton Road, Kintbury, Hungerford, Berkshire, United Kingdom, RG17 9TH.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the requirements and the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

2.2

Revenue

Revenue represents rents and service charges receivable recognised in the period in which the services are provided in accordance with the rental agreement. Rent receivable is invoiced monthly at the beginning of the month for which the rental income relates.

2.3

Interest income

Interest income is recognised in profit or loss using the effective interest method.

2.4

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

2.5

Investment property

Investment property is carried at fair value determined annually by external valuers 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. Changes in fair value are recognised in profit or loss.

2.6

Debtors

Short-term debtors are measured at transaction price, less any impairment.

2.7

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours.

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HAYNEAD DEVELOPMENT LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2025

2.Accounting policies (continued)

2.8

Creditors

Short-term creditors are measured at the transaction price.

Employees

The average monthly number of employees, including directors, during the year was 2 (2024 - 2).

4.	Investment property

		Freehold investment property
		£
	Valuation
	At 1 July 2024	660,000
	At 30 June 2025	660,000

If the Investment properties had been accounted for under the historic cost accounting rules, the properties would have been measured as follows:
	2025	2024
	£	£

Historic cost

660,000

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HAYNEAD DEVELOPMENT LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2025

Debtors

					2025	2024
					£	£


Other debtors	80,000	-
Called up share capital not paid	3	3
Tax recoverable	998	998
	81,001	1,001

6.	Creditors: Amounts falling due within one year
		2025	2024
		£	£

Other creditors	378,901	508,653
Accruals and deferred income	6,069	6,930
	384,970	515,583

7.	Related party transactions
	Included in creditors is an amount due to the director and shareholder of the company, to the value of £378,901 (2024 - £508,653).

8.	Controlling party

The company is controlled by Mr S Haynes by virtue of his 100% shareholding.

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