Hedgerow Developments Ltd - Accounts to registrar - small 17.2

REGISTERED NUMBER: 10069158 (England and Wales)

Unaudited Financial Statements

for the Period 17 March 2016 to 31 March 2017

for

Hedgerow Developments Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

R D Stow

REGISTERED OFFICE:

Ipsden Heath Farm

Ipsden Heath

Ipsden

Wallingford

Oxfordshire

OX10 6QR

REGISTERED NUMBER:

10069158 (England and Wales)

ACCOUNTANTS:

The Fish Partnership

The Mill House

Boundary Road

Loudwater

High Wycombe

Bucks.

HP10 9QN

FIXED ASSETS

Tangible assets

4

7,173

CURRENT ASSETS

Stocks

682,406

Debtors

5

8,673

Cash at bank

48,274

739,353

CREDITORS

Amounts falling due within one year

6

760,969

NET CURRENT LIABILITIES

(21,616

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(14,443

)

CAPITAL AND RESERVES

Called up share capital

1,000

Retained earnings

(15,443

)

(14,443

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 March 2017.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 2017 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Profit and loss account has not been delivered.

The financial statements were approved by the director on 21 June 2017 and were signed by:

R D Stow - Director

1.	STATUTORY INFORMATION

Hedgerow Developments 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 the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" 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.

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on cost

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 period comprises current and deferred tax. Tax is recognised in the Profit and loss

account, 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 period 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.

Going concern

The Financial Statements have been prepared on a going concern basis, on the provision that the

company continues to receive financial support from its director.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 .

4.	TANGIBLE FIXED ASSETS

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

Additions

8,995

626

9,621

At 31 March 2017

8,995

626

9,621

DEPRECIATION

Charge for period

2,239

209

2,448

At 31 March 2017

2,239

209

2,448

NET BOOK VALUE

At 31 March 2017

6,756

417

7,173

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Other debtors

8,673

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Trade creditors

15,289

Taxation and social security

837

Other creditors

744,843

760,969

7.	RELATED PARTY DISCLOSURES

No transactions with related parties were undertaken such as are required to be disclosed under

Section 1A "Small Entities" of Financial Reporting Standard 102.