Haines Residential Limited - Accounts to registrar (filleted) - small 23.2.5
Haines Residential Limited - Accounts to registrar (filleted) - small 23.2.5
REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2023 |
FOR |
HAINES RESIDENTIAL LIMITED |
HAINES RESIDENTIAL LIMITED (REGISTERED NUMBER: 05668953) |
CONTENTS OF THE FINANCIAL STATEMENTS |
For The Year Ended 30 April 2023 |
Page |
Company Information | 1 |
Abridged Balance Sheet | 2 |
Notes to the Financial Statements | 4 |
HAINES RESIDENTIAL LIMITED |
COMPANY INFORMATION |
For The Year Ended 30 April 2023 |
DIRECTOR: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Certified Accountants |
1 Carnegie Road |
Newbury |
Berkshire |
RG14 5DJ |
HAINES RESIDENTIAL LIMITED (REGISTERED NUMBER: 05668953) |
ABRIDGED BALANCE SHEET |
30 April 2023 |
2023 | 2022 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
CURRENT ASSETS |
Debtors |
Cash at bank |
CREDITORS |
Amounts falling due within one year |
NET CURRENT LIABILITIES | ( |
) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) |
( |
) |
CREDITORS |
Amounts falling due after more than one year |
( |
) |
PROVISIONS FOR LIABILITIES | ( |
) | ( |
) |
NET LIABILITIES | ( |
) | ( |
) |
CAPITAL AND RESERVES |
Called up share capital | 5 |
Retained earnings | ( |
) | ( |
) |
SHAREHOLDERS' FUNDS | ( |
) | ( |
) |
The director acknowledges her responsibilities for: |
(a) | ensuring that the company keeps 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 Sections 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. |
HAINES RESIDENTIAL LIMITED (REGISTERED NUMBER: 05668953) |
ABRIDGED BALANCE SHEET - continued |
30 April 2023 |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements were approved by the director and authorised for issue on |
HAINES RESIDENTIAL LIMITED (REGISTERED NUMBER: 05668953) |
NOTES TO THE FINANCIAL STATEMENTS |
For The Year Ended 30 April 2023 |
1. | STATUTORY INFORMATION |
Haines Residential Limited is a |
The presentation currency of the financial statements is the Pound Sterling (£). |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Turnover |
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. |
Tangible fixed assets |
Plant and machinery etc | - |
Taxation |
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. |
Current or deferred taxation assets and liabilities are not discounted. |
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date. |
Deferred tax |
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date. |
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference. |
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. |
Pension costs and other post-retirement benefits |
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate. |
HAINES RESIDENTIAL LIMITED (REGISTERED NUMBER: 05668953) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
For The Year Ended 30 April 2023 |
2. | ACCOUNTING POLICIES - continued |
Hire purchase contracts and finance leases |
Tangible fixed assets required under finance leases or hire purchase contracts are capitalised and depreciated in the same manner as other tangible fixed assets. The related obligations, net of future finance charges, are included in creditors. |
Rentals payable under operating leases are charged to the profit and loss account on a straight line basis over the period of the lease. Where an incentive in the form of a rent free period is received, the aggregate benefit of the incentive is recognised as a reduction of the rental expense on a straight line basis. |
Going concern |
The company obtains it's working capital from a bank overdraft facility and it's creditors. The director has prepared the accounts on the going concern basis as the board believes this support will continue for the foreseeable future which is said to be a period of 12 months from the date of the signing of the accounts. The accounts do not contain any adjustments which might arise from the withdrawal of this support. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was |
4. | TANGIBLE FIXED ASSETS |
Totals |
£ |
COST |
At 1 May 2022 |
Additions |
At 30 April 2023 |
DEPRECIATION |
At 1 May 2022 |
Charge for year |
At 30 April 2023 |
NET BOOK VALUE |
At 30 April 2023 |
At 30 April 2022 |
5. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 2023 | 2022 |
value: | £ | £ |
Ordinary | £1 | 100 | 100 |
6. | PENSION COMMITMENTS |
The company operates defined contribution pension schemes for its directors and employees. The contributions to all schemes are held in separately administered funds. During the year the company made total contributions of £2,841 (2022 £3,036) to the funds, of which £192 (2022 £94) was outstanding at the year end. |
HAINES RESIDENTIAL LIMITED (REGISTERED NUMBER: 05668953) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
For The Year Ended 30 April 2023 |
7. | OTHER FINANCIAL COMMITMENTS |
At 30 April 2023, the company had total commitments under non-cancellable operating leases which are not included in the balance sheet of £6,667 (2022 £16,667). |