Haywood Developments Ltd,Ltd - AccountsLtd - Accounts
Haywood Developments Ltd,Ltd - AccountsLtd - Accounts
Registered Number:04269356 |
For the year ended 31 December 2018
England and Wales
Unaudited Financial Statements
2
For the year ended 31 December 2018
Haywood Developments Ltd
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
As at |
Haywood Developments Ltd
Statement of Financial Position
Registered Number : |
£ |
£ |
2017
2018
Notes |
Fixed assets |
Property, plant and equipment |
2
Current assets |
Inventories |
-
3
Trade and other receivables |
(202,619 )
(218,255 )
4
(210,997 )
(202,619 )
Trade and other payables: amounts falling due within one |
year |
(40,698 )
5
Total assets less current liabilities |
(14,284 )
Trade and other payables: amounts falling due after more |
than one year |
(212,150 )
(272,895 )
6
(254,859 )
Net liabilities
(226,434 )
Capital and reserves |
Called up share capital |
Retained earnings |
(255,059 )
(226,634 )
(254,859 )
(226,434 )
Shareholders' funds
b) preparing financial statements which give a true and fair view of the state of affairs of the company as at the end |
of each financial year and of its profit or loss for each financial year in accordance with the requirements of |
Section 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to |
financial statements, so far as applicable to the company. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
These financial statements were approved and authorised for issue by the Board on |
The notes form part of these financial statements |
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4
For the year ended 31 December 2018
Haywood Developments Ltd
Notes to the Financial Statements
Statutory Information
Haywood Developments Ltd is a private limited company, limited by shares, domiciled in England and Wales, |
registration number 04269356. |
Registered address: |
72 Dunstall Road
Halesowen
West Midlands
B63 1BE
The presentation currency is £ sterling. |
1. Accounting policies |
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial |
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the |
Companies Act 2006. The financial statements have been prepared under the historical costs convention as |
modified by the revaluation of certain assets. |
Revenue recognition
Property, plant and equipment
No depreciation is provided on the company''s freehold properties since in the opinion of the directors the expected |
useful lives are sufficiently long and the estimated residual values are sufficiently high that any such depreciation |
would be immaterial. The directors undertake an annual impairment review of these properties. |
2. Property, plant and equipment |
Land and |
buildings |
£ |
Cost or |
valuation |
At 01 January 2018 |
At 31 December 2018 |
At 31 December 2018 |
Net book value |
At 31 December 2017 |
3. Inventories |
2017
2018
£ |
£ |
Stocks |
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5
For the year ended 31 December 2018
Haywood Developments Ltd
Notes to the Financial Statements Continued
4. Trade and other receivables |
2017
2018
£ |
£ |
Amounts owed by group undertakings and participating interests |
(218,255 )
(202,619 )
5. Trade and other payables: amounts falling due within one year |
2017
2018
£ |
£ |
Bank loans and overdraft |
Other creditors |
6. Trade and other payables: amounts falling due after more than one year |
2017
2018
£ |
£ |
Bank loans and overdraft (secured) |
271,895
211,500
Trade creditors |
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