Hall Macadam Ltd Filleted accounts for Companies House (small and micro)
Hall Macadam Ltd Filleted accounts for Companies House (small and micro)
COMPANY REGISTRATION NUMBER:
04310020
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FOR THE YEAR ENDED |
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STATEMENT OF FINANCIAL POSITION |
2022 |
2021 |
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Note |
£ |
£ |
FIXED ASSETS
Tangible assets |
6 |
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CURRENT ASSETS
Stocks |
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Debtors |
7 |
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Cash at bank and in hand |
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CREDITORS: amounts falling due within one year |
8 |
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NET CURRENT ASSETS |
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TOTAL ASSETS LESS CURRENT LIABILITIES |
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PROVISIONS |
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NET ASSETS |
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STATEMENT OF FINANCIAL POSITION (continued) |
2022 |
2021 |
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Note |
£ |
£ |
CAPITAL AND RESERVES
Called up share capital |
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Profit and loss account |
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SHAREHOLDERS FUNDS |
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In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
Directors' responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476
;
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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 financial statements
.
These financial statements were approved by the
board of directors
and authorised for issue on
20 December 2022
, and are signed on behalf of the board by:
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Director |
Director |
Company registration number:
04310020
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NOTES TO THE FINANCIAL STATEMENTS |
YEAR ENDED 31 MARCH 2022
1.
General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Crossgates, Langworth Road, Scothern, Lincolnshire, LN2 2UP.
2.
Statement of compliance
3.
Accounting policies
Basis of preparation
Judgements and key sources of estimation uncertainty
Revenue recognition
Income tax
Operating leases
Goodwill
Amortisation
Goodwill arising in connection with the acquisition of a business in 2014, is being amortised over its estimated useful economic life of four years from 1 April 2017.
Goodwill |
- |
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If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.
Tangible assets
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Freehold property |
- |
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Plant and machinery |
- |
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Motor vehicles |
- |
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Equipment |
- |
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Investment property
Impairment of fixed assets
Stocks
Government grants
Provisions
Financial instruments
Defined contribution plans
4.
Employee numbers
The average number of persons employed by the company during the year amounted to
8
(2021:
8
).
5.
Intangible assets
Goodwill |
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£ |
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Cost |
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At 1 April 2021 and 31 March 2022 |
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Amortisation |
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At 1 April 2021 and 31 March 2022 |
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Carrying amount |
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At 31 March 2022 |
– |
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At 31 March 2021 |
– |
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6.
Tangible assets
Freehold property |
Investment property |
Plant and machinery |
Motor vehicles |
Equipment |
Total |
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£ |
£ |
£ |
£ |
£ |
£ |
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Cost |
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At 1 Apr 2021 |
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Additions |
– |
– |
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At 31 Mar 2022 |
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Depreciation |
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At 1 Apr 2021 |
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– |
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Charge for the year |
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– |
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At 31 Mar 2022 |
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– |
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Carrying amount |
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At 31 Mar 2022 |
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At 31 Mar 2021 |
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7.
Debtors
2022 |
2021 |
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£ |
£ |
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Trade debtors |
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Other debtors |
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8.
Creditors:
amounts falling due within one year
2022 |
2021 |
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£ |
£ |
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Trade creditors |
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Corporation tax |
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Social security and other taxes |
– |
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Other creditors |
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