ACCOUNTS - Final Accounts

Analysis of the maturity of loans is given below:

Registered number: 00192343

W. HART & SON (SAFFRON WALDEN) LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

W. HART & SON (SAFFRON WALDEN) LIMITED

COMPANY INFORMATION

Director	M S Turnbull


Registered number	00192343


Registered office	Rowley Hill Farm
	Little Walden
	Saffron Walden
	Essex
	CB10 1UZ


Accountants	Lakin Rose Limited
	Chartered Accountants
	Cambridge House
	Camboro Business Park
	Girton
	Cambridge
	CB3 0QH

W. HART & SON (SAFFRON WALDEN) LIMITED

CONTENTS

	Page
Balance sheet	1 - 2
Notes to the financial statements	3 - 7

W. HART & SON (SAFFRON WALDEN) LIMITED

REGISTERED NUMBER: 00192343

BALANCE SHEET

AS AT 31 MARCH 2025

		2025		2024
Note		£		£


Current assets
Debtors: amounts falling due within one year	5	20,705		21,380
Cash at bank and in hand		-		4,341
		20,705		25,721
Creditors: amounts falling due within one year	6	(38,357)		(39,250)
Net current liabilities			(17,652)		(13,529)
Total assets less current liabilities			(17,652)		(13,529)
Creditors: amounts falling due after more than one year	7		(800)		(3,200)

Net liabilities			(18,452)		(16,729)

Capital and reserves
Called up share capital	1,000	1,000
Profit and loss account	(19,452)	(17,729)
	(18,452)	(16,729)

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 statement of comprehensive income 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 on 6 September 2026.

M S Turnbull

Director

The notes on pages 3 to 7 form part of these financial statements.

Page 1

W. HART & SON (SAFFRON WALDEN) LIMITED

REGISTERED NUMBER: 00192343

BALANCE SHEET (CONTINUED)

AS AT 31 MARCH 2025

Page 2

W. HART & SON (SAFFRON WALDEN) LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

1.	General information

The company is a private company limited by shares and is incorporated in England and Wales. The address of the registered office is Rowley Hill Farm, Little Walden, Saffron Walden, Essex CB10 1UZ.

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 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

Going concern

The financial statements have been prepared on the going concern basis which assumes that the company will continue as a going concern for the foreseeable future. The validity of this assumption depends on the director continuing to provide adequate financial support. The director has indicated that he will provide such support and accordingly he believes it appropriate to prepare the financial statements on the going concern basis.

Page 3

W. HART & SON (SAFFRON WALDEN) LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

2.Accounting policies (continued)

2.3

Revenue

Turnover is recognised to the extent that it is probable that the economic benefits will flow to the Company and the turnover can be reliably measured. Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before turnover is recognised:

Sale of goods

Turnover from the sale of goods is recognised when all of the following conditions are satisfied:

∙the Company has transferred the significant risks and rewards of ownership to the buyer;

∙the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;

∙the amount of turnover can be measured reliably;

∙it is probable that the Company will receive the consideration due under the transaction; and

∙the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Rendering of services

Turnover from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:

∙the amount of turnover can be measured reliably;

∙it is probable that the Company will receive the consideration due under the contract;

∙the stage of completion of the contract at the end of the reporting period can be measured reliably; and

∙the costs incurred and the costs to complete the contract can be measured reliably.

2.4

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance sheet. The assets of the plan are held separately from the Company in independently administered funds.

Page 4

W. HART & SON (SAFFRON WALDEN) LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

2.Accounting policies (continued)

2.5

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.

2.6

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

Employees

The average monthly number of employees, including directors, during the year was 0 (2024 - 1).

4.	Fixed asset investments

		Investments in subsidiary companies
		£
	Cost or valuation
	At 1 April 2024	100
	At 31 March 2025	100
	Impairment
	At 1 April 2024	100
	At 31 March 2025	100
	Net book value
	At 31 March 2025	-
	At 31 March 2024	-

Investments in subsidiary companies relates to an investment in Harts Stationers & Printers Limited, a 100% owned subsidiary.

Page 5

W. HART & SON (SAFFRON WALDEN) LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

Debtors

					2025	2024
					£	£


Trade debtors	11,795	13,865
Other debtors	8,910	7,515
	20,705	21,380

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

Bank overdrafts	140	-
Bank loans	3,828	2,400
Trade creditors	3,466	5,475
Amounts owed to group undertakings	100	100
Other taxation and social security	-	2,401
Other creditors	30,073	24,674
Accruals and deferred income	750	4,200
	38,357	39,250

7.	Creditors: Amounts falling due after more than one year
		2025	2024
		£	£

Bank loans	800	3,200
	800	3,200

Page 6

W. HART & SON (SAFFRON WALDEN) LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

Amounts falling due within one year
Bank loans	3,828	2,400
Amounts falling due 1-2 years
Bank loans	800	3,200


	4,628	5,600

9.	Transactions with directors

Included within other debtors due within one year is a loan to a former director amounting to £514 (2004 - £514). The amount was interest free and repayable on demand.

10.

Related party transactions

Included within other creditors due within one year is a loan from Rowley Hill Investments Limited, a company controlled by the director and former director amounting to £29,885 (2023 - £24,410). The loan is interest free and repayable on demand.

Included within other debtors due within one year is a loan to W Hart & Son Retirement Benefit Scheme, a pension scheme of which A H Turnbull and M S Turnbull are trustees and beneficiaries, amounting to £7,001 (2024 - £7,001).

Included within other debtors due within one year is a loan to Rowley Hill Farm Limited, a company controlled by a former director amounting to amounting to £1,385 (2024 - £nil).

Page 7