Hay on Wye Developments Limited

(Registration number: 16218408)
Balance Sheet as at 31 January 2026

	Note	2026 £
Current assets
Stocks	4	207,443
Debtors	5	5,997
Cash at bank and in hand		65,563
		279,003
Creditors: Amounts falling due within one year	6	(278,903)
Net assets		100
Capital and reserves
Called up share capital	7	100
Shareholders' funds		100

For the financial year ending 31 January 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 31 March 2026 and signed on its behalf by:
 

Hay on Wye Developments Limited

(Registration number: 16218408)
Balance Sheet as at 31 January 2026
(continued)

......................................... Mr Edward Samuel Taylor Director

Hay on Wye Developments Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2026

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
St. Ethelbert House
Ryelands Street
Hereford
HR4 0LA
United Kingdom

These financial statements were authorised for issue by the Board on 31 March 2026.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Hay on Wye Developments Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2026
(continued)

2	Accounting policies (continued)

Stocks

Work in progress is stated at the lower of cost and net realisable value. Cost includes direct materials, direct labour
and attributable overheads incurred in bringing the WIP to its present location and condition. Net realisable value
represents the estimated selling price less all estimated costs of completion and costs necessary to make the sale.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2.

4

Stocks

	2026 £
Work in progress	208,179
Other inventories	(736)
	207,443

5

Debtors

Current	2026 £
Other debtors	5,997
	5,997

Hay on Wye Developments Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2026
(continued)

6

Creditors

Creditors: amounts falling due within one year

	2026 £
Due within one year
Trade creditors	10,570
Accruals and deferred income	3,250
Other creditors	265,083
	278,903

7	Share capital

Allotted, called up and fully paid shares

	2026
	No.	£
Ordinary Shares A of £1 each	50	50
Ordinary Shares B of £1 each	40	40
Ordinary Shares C of £1 each	10	10
	100	100

8	Related party transactions

The third party loan, which totals £265,083 is secured by a debenture over all the company's assets and undertakings. Interest is charged at a rate of 10%.