Hirst Conservation Limited - Period Ending 2023-02-28

Hirst Conservation Limited

trading as Hirst Conservation

Contents

Balance Sheet	1 to 2
Notes to the Unaudited Financial Statements	3 to 7

Hirst Conservation Limited

trading as Hirst Conservation

(Registration number: 09797372)
Balance Sheet as at 28 February 2023

	Note	2023 £	2022 £
Fixed assets
Tangible assets	4	201,954	157,129
Current assets
Stocks	5	58,199	43,088
Debtors	6	1,362,548	1,031,275
Cash at bank and in hand		51,135	6,624
		1,471,882	1,080,987
Creditors: Amounts falling due within one year	7	(880,866)	(715,538)
Net current assets		591,016	365,449
Total assets less current liabilities		792,970	522,578
Creditors: Amounts falling due after more than one year	7	(44,491)	(57,515)
Provisions for liabilities		(11,558)	(11,558)
Net assets		736,921	453,505
Capital and reserves
Called up share capital		100	100
Retained earnings		736,821	453,405
Shareholders' funds		736,921	453,505

For the financial year ending 28 February 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Hirst Conservation Limited

trading as Hirst Conservation

(Registration number: 09797372)
Balance Sheet as at 28 February 2023

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 28 November 2023 and signed on its behalf by:
 

Mr N P Webster

Director

Mrs E A Hirst

Director

Hirst Conservation Limited

trading as Hirst Conservation

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2023

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Laughton Hall Farmhouse
Laughton
Sleaford
Lincolnshire
NG34 0HE

These financial statements were authorised for issue by the Board on 28 November 2023.

2	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 27 (2022 - 19).

Hirst Conservation Limited

trading as Hirst Conservation

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2023

3	Intangible assets

	Goodwill  £	Total £
Cost or valuation
At 1 March 2022	90,000	90,000
At 28 February 2023	90,000	90,000
Amortisation
At 1 March 2022	90,000	90,000
At 28 February 2023	90,000	90,000
Carrying amount
At 28 February 2023	-	-

4	Tangible assets

	Short leasehold land and buildings £	Plant and machinery £	Office equipment £	Motor vehicles  £
Cost or valuation
At 1 March 2022	19,162	142,909	18,862	65,619
Additions	22,626	59,865	5,122	11,995
At 28 February 2023	41,788	202,774	23,984	77,614
Depreciation
At 1 March 2022	-	52,614	18,574	28,674
Charge for the year	3,140	27,893	1,395	11,916
At 28 February 2023	3,140	80,507	19,969	40,590
Carrying amount
At 28 February 2023	38,648	122,267	4,015	37,024
At 28 February 2022	29,601	90,295	288	36,945

Hirst Conservation Limited

trading as Hirst Conservation

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2023

	Total £
Cost or valuation
At 1 March 2022	246,552
Additions	99,608
At 28 February 2023	346,160
Depreciation
At 1 March 2022	99,862
Charge for the year	44,344
At 28 February 2023	144,206
Carrying amount
At 28 February 2023	201,954
At 28 February 2022	157,129

Included within the net book value of land and buildings above is £38,648 (2022 - £29,601) in respect of short leasehold land and buildings.
 

5

Stocks

	2023 £	2022 £
Work in progress	12,922	9,998
Other inventories	45,277	33,090
	58,199	43,088

6

Debtors

Current	Note	2023 £	2022 £
Trade debtors		546,952	452,378
Amounts owed by related parties		607,588	541,912
Prepayments		17,225	6,578
Other debtors		190,783	30,407
		1,362,548	1,031,275

Hirst Conservation Limited

trading as Hirst Conservation

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2023

7

Creditors

Creditors: amounts falling due within one year

	Note	2023 £	2022 £
Due within one year
Loans and borrowings	8	122,458	104,698
Trade creditors		140,054	56,712
Taxation and social security		164,921	177,684
Accruals and deferred income		211,021	8,909
Other creditors		242,412	367,535
		880,866	715,538

Creditors: amounts falling due after more than one year

	Note	2023 £	2022 £
Due after one year
Loans and borrowings	8	44,491	57,515

8	Loans and borrowings

	2023 £	2022 £
Non-current loans and borrowings
Bank borrowings	22,500	42,500
Hire purchase contracts	21,991	15,015
	44,491	57,515

	2023 £	2022 £
Current loans and borrowings
Bank borrowings	9,999	-
Bank overdrafts	104,872	100,694
Hire purchase contracts	7,587	4,004
	122,458	104,698

Hirst Conservation Limited

trading as Hirst Conservation

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2023

Bank borrowings

Bounce Back Loan is denominated in Sterling with a nominal interest rate of 2.5%, and the final instalment is due on 11 May 2026. The carrying amount at year end is £32,500 (2022 - £42,500).