Pickhill Engineers (Hipperholme) Limited - Accounts to registrar (filleted) - small 23.2.5

REGISTERED NUMBER: 00313903 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2023

for

Pickhill Engineers (Hipperholme) Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

J G Clarke

J H C Clarke

Miss S C A Worrall

REGISTERED OFFICE:

Low Swainby Farm

Burneston

Bedale

North Yorkshire

DL8 2JH

REGISTERED NUMBER:

00313903 (England and Wales)

ACCOUNTANTS:

Malcolm Jones & Co Limited

Accountants and Business Advisers

West Hill House

Allerton Hill

Chapel Allerton

Leeds

West Yorkshire

LS7 3QB

FIXED ASSETS

Tangible assets

4

3,161,215

1,312,908

CURRENT ASSETS

Debtors

5

5,238

8,126

Cash at bank

524,848

4,952

530,086

13,078

CREDITORS

Amounts falling due within one year

6

866,566

153,514

NET CURRENT LIABILITIES

(336,480

)

(140,436

)

TOTAL ASSETS LESS CURRENT LIABILITIES

2,824,735

1,172,472

CREDITORS

Amounts falling due after more than one year

7

1,515,000

513,488

NET ASSETS

1,309,735

658,984

CAPITAL AND RESERVES

Called up share capital

90,000

90,000

Retained earnings

1,219,735

568,984

SHAREHOLDERS' FUNDS

1,309,735

658,984

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 15 December 2023 and were signed on its behalf by:

J G Clarke - Director

1.	STATUTORY INFORMATION

Pickhill Engineers (Hipperholme) Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Depreciation is not provided on investment property.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2022 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Land and

buildings

£

COST

At 1 April 2022

1,312,908

Additions

1,986,072

Disposals

(137,765

)

At 31 March 2023

3,161,215

NET BOOK VALUE

At 31 March 2023

3,161,215

At 31 March 2022

1,312,908

Investment property are shown at cost in the financial statements.

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.23

31.3.22

£

£

Other debtors

5,238

8,126

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.23

31.3.22

£

£

Bank loans and overdrafts

521,743

-

Taxation and social security

139,752

4,813

Other creditors

205,071

148,701

866,566

153,514

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.23

31.3.22

£

£

Bank loans

1,515,000

513,488

Amounts falling due in more than five years:

Repayable by instalments

Bank loans due over 5 years

1,515,000

513,488

8.	SECURED DEBTS

The following secured debts are included within creditors:

31.3.23

31.3.22

£

£

Bank loans

2,036,743

513,488