Hirst Conservation Limited - Period Ending 2019-02-28
Hirst Conservation Limited - Period Ending 2019-02-28
Registration number:
Hirst Conservation Limited
trading as
for the Year Ended 28 February 2019
Hirst Conservation Limited
trading as Hirst Conservation
Contents
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Directors' Report |
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Balance Sheet |
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Notes to the Financial Statements |
Hirst Conservation Limited
trading as Hirst Conservation
Directors' Report for the Year Ended 28 February 2019
The directors present their report and the financial statements for the year ended 28 February 2019.
Directors of the company
The directors who held office during the year were as follows:
Principal activity
The principal activity of the company is is that of the conservation of objects and historic buildings.
Small companies provision statement
This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
Approved by the Board on
Mr N P Webster
Director
Mrs E A Hirst
Director
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Page 1 |
Hirst Conservation Limited
trading as Hirst Conservation
(Registration number: 09797372)
Balance Sheet as at 28 February 2019
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2018 |
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Fixed assets |
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Intangible assets |
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Tangible assets |
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Current assets |
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Stocks |
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Debtors |
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Cash at bank and in hand |
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Creditors: Amounts falling due within one year |
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Net current liabilities |
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Total assets less current liabilities |
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Creditors: Amounts falling due after more than one year |
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Provisions for liabilities |
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Net assets |
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Capital and reserves |
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Called up share capital |
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Profit and loss account |
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Total equity |
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For the financial year ending 28 February 2019 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
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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 in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.
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Page 2 |
Hirst Conservation Limited
trading as Hirst Conservation
(Registration number: 09797372)
Balance Sheet as at 28 February 2019
Approved and authorised by the
Mr N P Webster
Director
Mrs E A Hirst
Director
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Page 3 |
Hirst Conservation Limited
trading as Hirst Conservation
Notes to the Financial Statements for the Year Ended 28 February 2019
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General information |
The company is a private company limited by share capital incorporated in England and Wales.
The address of its registered office is:
These financial statements were authorised for issue by the
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Staff numbers |
The average number of persons employed by the company (including directors) during the year, was
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Page 4 |
Hirst Conservation Limited
trading as Hirst Conservation
Notes to the Financial Statements for the Year Ended 28 February 2019
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Intangible assets |
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Goodwill |
Total |
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Cost or valuation |
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At 1 March 2018 |
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At 28 February 2019 |
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Amortisation |
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At 1 March 2018 |
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Amortisation charge |
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At 28 February 2019 |
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Carrying amount |
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At 28 February 2019 |
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At 28 February 2018 |
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Tangible assets |
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Furniture, fittings and equipment |
Motor vehicles |
Other property, plant and equipment |
Total |
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Cost or valuation |
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At 1 March 2018 |
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Additions |
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At 28 February 2019 |
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Depreciation |
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At 1 March 2018 |
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Charge for the year |
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At 28 February 2019 |
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Carrying amount |
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At 28 February 2019 |
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At 28 February 2018 |
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Page 5 |
Hirst Conservation Limited
trading as Hirst Conservation
Notes to the Financial Statements for the Year Ended 28 February 2019
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Stocks |
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2019 |
2018 |
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Work in progress |
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Other inventories |
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Debtors |
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2019 |
2018 |
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Trade debtors |
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Amounts owed by group undertakings and undertakings in which the company has a participating interest |
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Other debtors |
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Total current trade and other debtors |
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Creditors |
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2019 |
2018 |
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Due within one year |
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Bank loans and overdrafts |
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Trade creditors |
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Amounts owed to group undertakings and undertakings in which the company has a participating interest |
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Taxation and social security |
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Other creditors |
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Due after one year |
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Loans and borrowings |
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Loans and borrowings |
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2019 |
2018 |
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Non-current loans and borrowings |
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Finance lease liabilities |
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Page 6 |
Hirst Conservation Limited
trading as Hirst Conservation
Notes to the Financial Statements for the Year Ended 28 February 2019
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2019 |
2018 |
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Current loans and borrowings |
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Bank overdrafts |
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Finance lease liabilities |
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Financial commitments, guarantees and contingencies |
The total amount of guarantees not included in the balance sheet is £86,628 (2018 - £237,600). The Directors provide security through a fixed charge over personal assets in addition to personal guarantees to support the bank borrowings at any given time.
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Related party transactions |
Summary of transactions with entities with joint control or significant interest
The loan was advanced on an interest free basis with no set terms for repayment. It was however repaid in full shortly before the end of the financial period. The balance outstanding at the end of the financial period was £Nil (2018:£169,777).
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Page 7 |