Haywood Developments Ltd,Ltd - AccountsLtd - Accounts
Haywood Developments Ltd,Ltd - AccountsLtd - Accounts
Registered Number:04269356 |
For the year ended 31 December 2020
England and Wales
Unaudited Financial Statements
2
For the year ended 31 December 2020
Haywood Developments Ltd
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Registered Number : |
As at |
Haywood Developments Ltd
Statement of Financial Position
£ |
£ |
2019
2020
Notes |
Fixed assets |
Property, plant and equipment |
Current assets |
Inventories |
2
Trade and other receivables |
(24,678 )
(61,853 )
3
(23,768 )
(11,080 )
Trade and other payables: amounts falling due within one |
year |
(350 )
4
(11,079)
(24,118 )
Net current liabilities
Total assets less current liabilities |
Trade and other payables: amounts falling due after more |
than one year |
(200,350 )
(400,700 )
5
Net assets
Capital and reserves |
Called up share capital |
Retained earnings |
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 2020
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. Inventories |
2019
2020
£ |
£ |
Stocks |
3. Trade and other receivables |
2019
2020
£ |
£ |
Trade debtors |
Amounts owed by group undertakings and participating interests |
(375,453 )
(232,178 )
(24,678 )
(61,853 )
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5
For the year ended 31 December 2020
Haywood Developments Ltd
Notes to the Financial Statements Continued
4. Trade and other payables: amounts falling due within one year |
2019
2020
£ |
£ |
Trade creditors |
(1 )
Other creditors |
(1 )
5. Trade and other payables: amounts falling due after more than one year |
2019
2020
£ |
£ |
Bank loans and overdraft (secured) |
400,000
200,000
Trade creditors |
6. Average number of persons employed |
During the year the average number of employees was 0 (2019 : 4 )
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