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Company No: 14928891 (England and Wales)

# HAYNES DEVELOPMENTS AND CONSTRUCTION LTD

### Unaudited Financial Statements
For the financial year ended 31 October 2025
Pages for filing with the registrar

HAYNES DEVELOPMENTS AND CONSTRUCTION LTD

## Unaudited Financial Statements

For the financial year ended 31 October 2025

Contents

HAYNES DEVELOPMENTS AND CONSTRUCTION LTD

## BALANCE SHEET

As at 31 October 2025
HAYNES DEVELOPMENTS AND CONSTRUCTION LTD

## BALANCE SHEET (continued)

As at 31 October 2025

| Note | 31.10.2025 |  | 31.10.2024
|  | £ |  | £
Fixed assets |  |  |  |
Tangible assets | 3 | 25,078 |  | 29,508
|  | 25,078 |  | 29,508
Current assets |  |  |  |
Debtors | 4 | 10,682 |  | 10,821
Cash at bank and in hand |  | 11,864 |  | 8,580
|  | 22,546 |  | 19,401
Creditors: amounts falling due within one year | 5 | ( 110,248) |  | ( 76,158)
Net current liabilities |  | (87,702) |  | (56,757)
Total assets less current liabilities |  | (62,624) |  | (27,249)
Net liabilities |  | ( 62,624) |  | ( 27,249)
Capital and reserves |  |  |  |
Called-up share capital |  | 100 |  | 100
Profit and loss account |  | ( 62,724 ) |  | ( 27,349 )
Total shareholder's deficit |  | ( 62,624) |  | ( 27,249)

For the financial year ending 31 October 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The member has not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
- 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; and
- These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of Haynes Developments and Construction Ltd (registered number: 14928891) were approved and authorised for issue by the Board of Directors on 12 May 2026. They were signed on its behalf by:

C M D Haynes Director |

HAYNES DEVELOPMENTS AND CONSTRUCTION LTD

## NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 October 2025
HAYNES DEVELOPMENTS AND CONSTRUCTION LTD

## NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 October 2025

##### 1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial period, unless otherwise stated.

##### General information and basis of accounting

Haynes Developments and Construction Ltd (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Albert Goodman, Lupin Way, Yeovil, BA22 8WW, United Kingdom. The principal place of business is Haynes Developments and Construction Limited, Sparkford, Yeovil, BA22 7LH.
The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.
The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

##### Going concern

The directors have assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The directors note that the business has net liabilities of £62,624. The Company is supported through a loan from one of the directors. The director has confirmed that the loan facilities will continue to be available for at least 12 months from the date of signing these financial statements and the director will continue to support the Company. Given the current position, the directors believe that any foreseeable debts can be met for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

##### Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.
Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

##### Employee benefits

Defined contribution schemes
The Company operates a defined contribution scheme. The amount charged to the Profit and Loss Account in respect of pension costs and other post-retirement benefits is the contributions payable in the financial year. Differences between contributions payable in the financial year and contributions actually paid are included as either accruals or prepayments in the Balance Sheet.

##### Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date. Tax is recognised in the profit and loss account, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

##### Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Plant and machinery | 25 % reducing balance
Vehicles | 25 % reducing balance
Office equipment | 25 % reducing balance

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

##### Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts, except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

##### Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in creditors: amounts falling due within one year.

##### Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

##### Ordinary share capital

The ordinary share capital of the Company is presented as equity.

#### 2. Employees

| Year ended 31.10.2025 |  | Period from 12.06.2023 to 31.10.2024
| Number |  | Number
Monthly average number of persons employed by the Company during the year, including directors | 2 |  | 2

#### 3. Tangible assets

| Plant and machinery |  | Vehicles |  | Office equipment |  | Total
| £ |  | £ |  | £ |  | £
Cost |  |  |  |  |  |  |
At 01 November 2024 | 12,239 |  | 23,162 |  | 904 |  | 36,305
Additions | 3,800 |  | 0 |  | 0 |  | 3,800
At 31 October 2025 | 16,039 |  | 23,162 |  | 904 |  | 40,105
Accumulated depreciation |  |  |  |  |  |  |
At 01 November 2024 | 2,285 |  | 4,343 |  | 169 |  | 6,797
Charge for the financial year | 3,296 |  | 4,705 |  | 229 |  | 8,230
At 31 October 2025 | 5,581 |  | 9,048 |  | 398 |  | 15,027
Net book value |  |  |  |  |  |  |
At 31 October 2025 | 10,458 |  | 14,114 |  | 506 |  | 25,078
At 31 October 2024 | 9,954 |  | 18,819 |  | 735 |  | 29,508

#### 4. Debtors

| 31.10.2025 |  | 31.10.2024
| £ |  | £
Trade debtors | 6,235 |  | 8,923
Amounts owed by connected companies | 1,449 |  | 69
Prepayments | 2,998 |  | 1,829
| 10,682 |  | 10,821

#### 5. Creditors: amounts falling due within one year

| 31.10.2025 |  | 31.10.2024
| £ |  | £
Trade creditors | 446 |  | 2,930
Amounts owed to directors | 99,381 |  | 67,448
Accruals | 3,329 |  | 3,500
Other taxation and social security | 7,092 |  | 1,312
Other creditors | 0 |  | 968
| 110,248 |  | 76,158

There are no amounts included above in respect of which any security has been given by the small entity.