Haven Timber Holdings Ltd - Accounts to registrar (filleted) - small 23.2.5

Haven Timber Holdings Ltd - Accounts to registrar (filleted) - small 23.2.5

HAVEN TIMBER HOLDINGS LTD - Company Information

Print Friendly Version

IRIS Accounts Production v24.1.0.578 08203843 director 1.10.22 30.9.23 30.9.23 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh082038432022-09-30082038432023-09-30082038432022-10-012023-09-30082038432021-09-30082038432021-10-012022-09-30082038432022-09-3008203843ns15:EnglandWales2022-10-012023-09-3008203843ns14:PoundSterling2022-10-012023-09-3008203843ns10:Director12022-10-012023-09-3008203843ns10:PrivateLimitedCompanyLtd2022-10-012023-09-3008203843ns10:SmallEntities2022-10-012023-09-3008203843ns10:AuditExempt-NoAccountantsReport2022-10-012023-09-3008203843ns10:SmallCompaniesRegimeForDirectorsReport2022-10-012023-09-3008203843ns10:SmallCompaniesRegimeForAccounts2022-10-012023-09-3008203843ns10:FullAccounts2022-10-012023-09-300820384312022-10-012023-09-3008203843ns10:RegisteredOffice2022-10-012023-09-3008203843ns5:CurrentFinancialInstruments2023-09-3008203843ns5:CurrentFinancialInstruments2022-09-3008203843ns5:Non-currentFinancialInstruments2023-09-3008203843ns5:Non-currentFinancialInstruments2022-09-3008203843ns5:ShareCapital2023-09-3008203843ns5:ShareCapital2022-09-3008203843ns5:RetainedEarningsAccumulatedLosses2023-09-3008203843ns5:RetainedEarningsAccumulatedLosses2022-09-3008203843ns5:IntangibleAssetsOtherThanGoodwill2022-10-012023-09-3008203843ns5:DevelopmentCostsCapitalisedDevelopmentExpenditure2022-10-012023-09-3008203843ns5:IntangibleAssetsOtherThanGoodwill2022-09-3008203843ns5:IntangibleAssetsOtherThanGoodwill2023-09-3008203843ns5:IntangibleAssetsOtherThanGoodwill2022-09-3008203843ns5:LandBuildings2022-09-3008203843ns5:PlantMachinery2022-09-3008203843ns5:LandBuildings2022-10-012023-09-3008203843ns5:PlantMachinery2022-10-012023-09-3008203843ns5:LandBuildings2023-09-3008203843ns5:PlantMachinery2023-09-3008203843ns5:LandBuildings2022-09-3008203843ns5:PlantMachinery2022-09-3008203843ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-09-3008203843ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-09-30
REGISTERED NUMBER: 08203843 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 September 2023

for

Haven Timber Holdings Ltd
Haven Timber Holdings Ltd (Registered number: 08203843)






Contents of the Financial Statements
for the Year Ended 30 September 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Haven Timber Holdings Ltd

Company Information
for the Year Ended 30 September 2023







DIRECTOR: Miss M Dytor Butler





REGISTERED OFFICE: 141 Englishcombe Lane
Bath
BA2 2EL





REGISTERED NUMBER: 08203843 (England and Wales)





ACCOUNTANTS: OCL Accountancy
141 Englishcombe Lane
Bath
BA2 2EL
Page 1
Haven Timber Holdings Ltd (Registered number: 08203843)

Balance Sheet
30 September 2023

30.9.23 30.9.22
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 5,778 11,387
Tangible assets 5 158,182 127,267
163,960 138,654

CURRENT ASSETS
Stocks 196,862 158,792
Debtors 6 37,017 23,013
Cash at bank and in hand 371,711 552,172
605,590 733,977
CREDITORS
Amounts falling due within one year 7 268,735 199,421
NET CURRENT ASSETS 336,855 534,556
TOTAL ASSETS LESS CURRENT
LIABILITIES
500,815
673,210

CREDITORS
Amounts falling due after more than one year 8 (89,279 ) (210,519 )

PROVISIONS FOR LIABILITIES (34,436 ) (24,181 )
NET ASSETS 377,100 438,510

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 377,098 438,508
SHAREHOLDERS' FUNDS 377,100 438,510

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2023 in accordance with Section 476 of the Companies Act 2006.

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.

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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 23 May 2024 and were signed by:




Miss M Dytor Butler - Director


The notes form part of these financial statements

Page 2
Haven Timber Holdings Ltd (Registered number: 08203843)

Notes to the Financial Statements
for the Year Ended 30 September 2023

1. STATUTORY INFORMATION

Haven Timber Holdings Ltd 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Development costs are being amortised evenly over their estimated useful life of nil years.

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

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2022 - 8 ) .

Page 3 continued...
Haven Timber Holdings Ltd (Registered number: 08203843)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2023

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 October 2022
and 30 September 2023 16,995
AMORTISATION
At 1 October 2022 5,608
Charge for year 5,609
At 30 September 2023 11,217
NET BOOK VALUE
At 30 September 2023 5,778
At 30 September 2022 11,387

5. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 October 2022 49,734 263,931 313,665
Additions - 80,002 80,002
Disposals - (5,583 ) (5,583 )
At 30 September 2023 49,734 338,350 388,084
DEPRECIATION
At 1 October 2022 42,428 143,970 186,398
Charge for year 5,577 39,044 44,621
Eliminated on disposal - (1,117 ) (1,117 )
At 30 September 2023 48,005 181,897 229,902
NET BOOK VALUE
At 30 September 2023 1,729 156,453 158,182
At 30 September 2022 7,306 119,961 127,267

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.23 30.9.22
£    £   
Trade debtors 29,595 21,374
Other debtors 7,422 1,639
37,017 23,013

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.23 30.9.22
£    £   
Trade creditors 146,575 102,454
Taxation and social security 57,409 99,604
Other creditors 64,751 (2,637 )
268,735 199,421

Page 4 continued...
Haven Timber Holdings Ltd (Registered number: 08203843)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2023

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
30.9.23 30.9.22
£    £   
Other creditors 89,279 210,519

9. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Miss M Dytor Butler.

Page 5