Haywood Homes (Investments) Limited,Ltd - AccountsLtd - Accounts

Haywood Homes (Investments) Limited,Ltd - AccountsLtd - Accounts

HAYWOOD HOMES (INVESTMENTS) LIMITED - Company Information

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2019-03-01 08410445 2020-02-29 08410445 2019-03-01 2020-02-29 08410445 2019-02-28 08410445 2018-03-01 2019-02-28 08410445 uk-core:WithinOneYear 2019-02-28 08410445 uk-core:WithinOneYear 2020-02-29 08410445 uk-core:ShareCapital 2020-02-29 08410445 uk-core:ShareCapital 2019-02-28 08410445 uk-core:RetainedEarningsAccumulatedLosses 2020-02-29 08410445 uk-core:RetainedEarningsAccumulatedLosses 2019-02-28 08410445 uk-bus:Director1 2019-03-01 2020-02-29 08410445 uk-core:AfterOneYear 2020-02-29 08410445 uk-core:AfterOneYear 2019-02-28 iso4217:GBP xbrli:pure 08410445 uk-bus:AuditExempt-NoAccountantsReport 2019-03-01 2020-02-29 08410445 uk-bus:FRS102 2019-03-01 2020-02-29 08410445 uk-bus:FullAccounts 2019-03-01 2020-02-29 08410445 uk-bus:PrivateLimitedCompanyLtd 2019-03-01 2020-02-29
Haywood Homes (Investments) Limited
Registered Number:08410445
For the year ended 29 February 2020
England and Wales
Unaudited Financial Statements
2
For the year ended 29 February 2020
Haywood Homes (Investments) Limited
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Registered Number :
08410445
As at 29 February 2020
Haywood Homes (Investments) Limited
Statement of Financial Position
£
£
2019
2020
Notes
Current assets
Trade and other receivables
148,154
251,349
2
Financial assets
500,000
500,000
3
31
Cash and cash equivalents
31
751,380
648,185
Trade and other payables: amounts falling due within one
year
(19,450)
(66,808)
4
628,735
684,572
Net current assets
Total assets less current liabilities
684,572
628,735
684,572
Net assets
628,735
Capital and reserves
Called up share capital
1,754,500
1,754,500
Retained earnings
(1,069,928)
(1,125,765)
684,572
628,735
Shareholders' funds
For the year ended 29 February 2020 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 2020 in accordance with Section 476 of the Companies Act 2006
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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
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.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Anthony Grahame Scutt Director
These financial statements were approved and authorised for issue by the Board on 15 April 2020 and were signed by:
The notes form part of these financial statements
1 of 3
4
For the year ended 29 February 2020
Haywood Homes (Investments) Limited
Notes to the Financial Statements
Statutory Information
Haywood Homes (Investments) Limited is a private limited company, limited by shares, domiciled in England and
Wales, registration number 08410445.
Registered address:
72, Dunstall Road
Halesowenh
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.
Inventories
Stocks are valued at the lower of cost and net realisable value as follows: Goods for resale Purchase cost on a first-in, first-out basis:Raw materials Purchase cost on a first-in, first-out basisConsumables Purchase cost on a first-in, first-out basisWork in progress Cost of direct materials and labour, including all direct overheads and the attributable proportion of indirect overhead expensesFinished goods Cost of direct materials and labour, including all direct overheads and the attributable proportion of indirect overhead expenses Debtors include amounts recoverable on long term contracts which are stated at the net sales value of the work done after provision for contingencies and any anticipated future losses on contracts, less amounts received as progress payments on account. Any excess progress payments are included in creditors as payments on account.
2. Trade and other receivables
2019
2020
£
£
Amounts owed by group undertakings and participating interests
448,593
96,841
Other debtors
(197,244)
51,313
148,154
251,349
The debtors above include the following amounts falling due after more than one year:
Amounts owed by group undertakings and participating interests
382,494
77,723
Other debtors
(199,067)
50,832
183,427
128,555
2 of 3
5
For the year ended 29 February 2020
Haywood Homes (Investments) Limited
Notes to the Financial Statements Continued
3. Financial instruments at fair value
2019
2020
£
£
Shares in group undertakings
500,000
500,000
4. Trade and other payables: amounts falling due within one year
2019
2020
£
£
Trade creditors
66,233
18,875
Other creditors
575
575
66,808
19,450
5. Average number of persons employed
During the year the average number of employees was 2 (2019 : 2)
3 of 3