HARTHAM PARK MINERALS LIMITED

HARTHAM PARK MINERALS LIMITED

HARTHAM PARK MINERALS LIMITED - Company Information

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HARTHAM PARK MINERALS LIMITED

Company Registration Number:
10851612 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2022

Period of accounts

Start date: 01 January 2022

End date: 31 December 2022

HARTHAM PARK MINERALS LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2022

Balance sheet
Notes

HARTHAM PARK MINERALS LIMITED

Balance sheet

As at 31 December 2022


Notes
2022
2021


£
£
Fixed assets
Tangible assets: 3 1,397,181 1,245,378
Total fixed assets: 1,397,181 1,245,378
Current assets
Debtors:   82,341 305
Cash at bank and in hand: 22,323 180,727
Total current assets: 104,664 181,032
Creditors: amounts falling due within one year:   (1,535,280) (1,452,285)
Net current assets (liabilities): (1,430,616) (1,271,253)
Total assets less current liabilities: (33,435) (25,875)
Total net assets (liabilities): (33,435) (25,875)
Capital and reserves
Called up share capital: 1 1
Profit and loss account: (33,436) (25,876)
Shareholders funds: (33,435) (25,875)

The notes form part of these financial statements

HARTHAM PARK MINERALS LIMITED

Balance sheet statements

For the year ending 31 December 2022 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 02 June 2023
and signed on behalf of the board by:

Name: Michael Roddy
Status: Director

The notes form part of these financial statements

HARTHAM PARK MINERALS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2022

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Tangible fixed assets and depreciation policy

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management. Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line and reducing balance method. Depreciation is provided on the following basis: Freehold property: Straight-line over the life of the planning permission of the mine and none is charged before the mine is ready for use. Plant and machinery: 20% reducing balance. Assets under construction: no depreciation is due for these assets until they have been completed and transferred to relevant fixed asset class. The assets’ residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date. Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

Other accounting policies

Debtors: Short term debtors are measured at transaction price, less any impairment. Loans: Receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment. Creditors: Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs and are measured subsequently at amortised cost using the effect interest method. Other financial liabilities, including bank loans are measured initially at fair value, net of transaction costs and are measured subsequently amortised cost using the effective interest rate method.

HARTHAM PARK MINERALS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2022

2. Employees

2022 2021
Average number of employees during the period 0 0

HARTHAM PARK MINERALS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2022

3. Tangible Assets

Total
Cost £
At 01 January 2022 1,249,938
Additions 152,384
At 31 December 2022 1,402,322
Depreciation
At 01 January 2022 4,560
Charge for year 581
At 31 December 2022 5,141
Net book value
At 31 December 2022 1,397,181
At 31 December 2021 1,245,378