HDC Group Limited - Accounts to registrar (filleted) - small 18.2
HDC Group Limited - Accounts to registrar (filleted) - small 18.2
| REGISTERED NUMBER: |
| Unaudited Financial Statements for the Year Ended 31 March 2020 |
| for |
| HDC Group Limited |
| HDC Group Limited (Registered number: 10895018) |
| Contents of the Financial Statements |
| for the Year Ended 31 March 2020 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 4 |
| HDC Group Limited |
| Company Information |
| for the Year Ended 31 March 2020 |
| DIRECTORS: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| 295/297 Church Street |
| Blackpool |
| Lancashire |
| FY1 3PJ |
| HDC Group Limited (Registered number: 10895018) |
| Balance Sheet |
| 31 March 2020 |
| 31.3.20 | 31.3.19 |
| Notes | £ | £ |
| CURRENT ASSETS |
| Debtors | 5 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 6 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
7 |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital |
| Retained earnings | 8 |
| The directors acknowledge their responsibilities for: |
| (a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and |
| (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 Sections 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. |
| HDC Group Limited (Registered number: 10895018) |
| Balance Sheet - continued |
| 31 March 2020 |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements were approved by the Board of Directors and authorised for issue on signed on its behalf by: |
| HDC Group Limited (Registered number: 10895018) |
| Notes to the Financial Statements |
| for the Year Ended 31 March 2020 |
| 1. | STATUTORY INFORMATION |
| HDC Group Limited is a |
| registered number and registered office address can be found on the Company Information page. |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Taxation |
| Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to |
| the extent that it relates to items recognised in other comprehensive income or directly in equity. |
| Current or deferred taxation assets and liabilities are not discounted. |
| Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or |
| substantively enacted by the balance sheet date. |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance |
| sheet date. |
| Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from |
| those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that |
| have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the |
| timing difference. |
| Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they |
| will be recovered against the reversal of deferred tax liabilities or other future taxable profits. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| 4. | FIXED ASSET INVESTMENTS |
| The company's investments at the Balance Sheet date in the share capital of companies include the following: |
| Registered office: 295/297 Church Street, Blackpool, Lancashire, FY1 3PJ United Kingdom |
| Nature of business: |
| % |
| Class of shares: | holding |
| 31.3.20 | 31.3.19 |
| £ | £ |
| Aggregate capital and reserves |
| Profit for the year |
| HDC Group Limited (Registered number: 10895018) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 March 2020 |
| 4. | FIXED ASSET INVESTMENTS - continued |
| Registered office: 295/297 Church Street, Blackpool, Lancashire, FY1 3PJ |
| Nature of business: |
| % |
| Class of shares: | holding |
| 31.3.20 | 31.3.19 |
| £ | £ |
| Aggregate capital and reserves |
| Profit for the year |
| 5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31.3.20 | 31.3.19 |
| £ | £ |
| Amounts owed by group undertakings |
| 6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31.3.20 | 31.3.19 |
| £ | £ |
| Bank loans and overdrafts |
| Tax |
| Directors' loan accounts | 4,900 | 4,900 |
| Accrued expenses |
| 7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| 31.3.20 | 31.3.19 |
| £ | £ |
| Bank loans - 1-2 years |
| Bank loans - 2-5 years |
| Bank loans more 5 yr by instal |
| Amounts falling due in more than five years: |
| Repayable by instalments |
| Bank loans more 5 yr by instal | 261,867 | 287,846 |
| 8. | RESERVES |
| Retained |
| earnings |
| £ |
| At 1 April 2019 |
| Profit for the year |
| Dividends | ( |
) |
| At 31 March 2020 |
| HDC Group Limited (Registered number: 10895018) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 March 2020 |
| 9. | RELATED PARTY DISCLOSURES |
| During the year, total dividends of £300,000 were paid to the directors . |
| HDC Group Limited has charged Happy Days Lancashire Limited management charges for the year of £10,000 |
| (2019: £10,000) and has also charged Norbreck Happy Days Limited management charges for the year |
| amounting to £10,000 (2019: £10,000) |
| . |
| During the year the company has paid dividends to the directors as follows: |
| Mr TD Hoyle £78,000 |
| Mrs J Hoyle £78,000 |
| Mrs S Mellor £24,000 |
| Miss M Hoyle £60,000 |
| Mr J Hoyle £60,000 |