| Hawthorn Developments (North East) Ltd. |
| Registered number: |
04898006 |
| Balance Sheet |
| as at 31 March 2026 |
|
| Notes |
|
|
2026 |
|
|
2025 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
3 |
|
|
145,562 |
|
|
145,702 |
|
| Current assets |
| Debtors |
4 |
|
15,227 |
|
|
1,281 |
| Cash at bank and in hand |
|
|
187,930 |
|
|
278,935 |
|
|
|
203,157 |
|
|
280,216 |
|
| Creditors: amounts falling due within one year |
5 |
|
(3,650) |
|
|
(3,550) |
|
| Net current assets |
|
|
|
199,507 |
|
|
276,666 |
|
| Total assets less current liabilities |
|
|
|
345,069 |
|
|
422,368 |
|
| Creditors: amounts falling due after more than one year |
6 |
|
|
(294,178) |
|
|
(357,404) |
|
| Provisions for deferred taxation |
|
|
|
(6,610) |
|
|
(6,610) |
|
|
| Net assets |
|
|
|
44,281 |
|
|
58,354 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
10,000 |
|
|
10,000 |
| Revaluation reserve |
7 |
|
|
33,987 |
|
|
33,987 |
| Profit and loss account |
|
|
|
294 |
|
|
14,367 |
|
| Shareholders' funds |
|
|
|
44,281 |
|
|
58,354 |
|
|
|
|
|
|
|
|
| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
|
| Gary Turnbull |
| Director |
| Approved by the board on 18 June 2026 |
|
| Hawthorn Developments (North East) Ltd. |
| Notes to the Accounts |
| for the year ended 31 March 2026 |
|
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
|
|
Turnover |
|
Turnover is measured at the fair value of the consideration received or receivable. Turnover includes revenue earned from the sale of investment property and from the rendering of services. |
|
|
Tangible fixed assets |
|
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows: |
|
|
Properties held as investment |
Nil |
|
Motor vehicles and equipment |
25% per annum - reducing balance method |
|
|
Creditors |
|
Short term creditors are measured at transaction price. |
|
|
Taxation |
|
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference. Current and deferred tax assets and liabilities are not discounted. |
|
|
| 2 |
Employees |
2026 |
|
2025 |
| Number |
Number |
|
|
Average number of persons employed by the company |
4 |
|
4 |
|
|
|
|
|
|
|
|
|
|
| 3 |
Tangible fixed assets |
|
|
|
|
Properties held for investment |
|
Equipment |
|
Total |
| £ |
£ |
£ |
|
Cost |
|
At 1 April 2025 |
145,000 |
|
2,273 |
|
147,273 |
|
At 31 March 2026 |
145,000 |
|
2,273 |
|
147,273 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 April 2025 |
- |
|
1,571 |
|
1,571 |
|
Charge for the year |
- |
|
140 |
|
140 |
|
At 31 March 2026 |
- |
|
1,711 |
|
1,711 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 31 March 2026 |
145,000 |
|
562 |
|
145,562 |
|
At 31 March 2025 |
145,000 |
|
702 |
|
145,702 |
|
|
| 4 |
Debtors |
2026 |
|
2025 |
| £ |
£ |
|
|
Trade debtors |
14,154 |
|
308 |
|
HMRC - PAYE refund |
|
23 |
|
23 |
|
Tenants' bonds held in Government's Deposit Protection Service |
1,050 |
|
950 |
|
|
|
|
|
|
15,227 |
|
1,281 |
|
|
|
|
|
|
|
|
|
|
| 5 |
Creditors: amounts falling due within one year |
2026 |
|
2025 |
| £ |
£ |
|
|
Trade creditors |
3,250 |
|
3,150 |
|
Other taxes and social security costs |
400 |
|
400 |
|
|
|
|
|
|
3,650 |
|
3,550 |
|
|
|
|
|
|
|
|
|
|
| 6 |
Creditors: amounts falling due after one year |
2026 |
|
2025 |
| £ |
£ |
|
|
Directors' loan accounts |
294,178 |
|
357,404 |
|
|
|
|
|
|
|
|
|
|
| 7 |
Revaluation reserve |
2026 |
|
2025 |
| £ |
£ |
|
|
At 1 April 2025 |
33,987 |
|
33,987 |
|
Revaluation during the year |
|
Deferred tax due on revaluation |
|
|
At 31 March 2026 |
33,987 |
|
33,987 |
|
|
|
|
|
|
|
|
|
|
| 8 |
Other information |
|
|
Hawthorn Developments (North East) Ltd. is a private company limited by shares and incorporated in England. Its registered office is: |
|
6 Old Village Way |
|
Murton |
|
Seaham |
|
County Durham |
|
SR7 9BW |