Company Registration No. 03773251 (England and Wales)
Haylock and Hunter Ltd
Unaudited accounts
for the year ended 31 March 2017
Haylock and Hunter Ltd
Unaudited accounts
Contents
Haylock and Hunter Ltd
Company Information
for the year ended 31 March 2017
Directors
Geoffrey Robert Hunter
Fenella Grace Walker Hunter
Company Number
03773251 (England and Wales)
Registered Office
67 Loughborough Road
West Bridgford
Nottingham
NG2 7LA
United Kingdom
Accountants
SelbyJones Ltd
Welbeck House
69 Loughborough Road
West Bridgford
Nottinghamshire
NG2 7LA
Haylock and Hunter Ltd
Statement of financial position
as at 31 March 2017
Tangible assets
1,209,434
520,057
Cash at bank and in hand
104,217
5,534
Creditors: amounts falling due within one year
(81,566)
(43,779)
Net current assets/(liabilities)
273,546
(30,874)
Total assets less current liabilities
1,482,980
489,183
Creditors: amounts falling due after more than one year
(993,278)
-
Net assets
489,702
489,183
Called up share capital
1,000
1,000
Share premium
193,000
193,000
Revaluation reserve
277,050
277,050
Profit and loss account
18,652
18,133
Shareholders' funds
489,702
489,183
For the year ending 31 March 2017 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 20 December 2017.
Geoffrey Robert Hunter
Director
Company Registration No. 03773251
Haylock and Hunter Ltd
Notes to the Accounts
for the year ended 31 March 2017
Haylock and Hunter Ltd is a private company, limited by shares, registered in England and Wales, registration number 03773251. The registered office is 67 Loughborough Road, West Bridgford, Nottingham, NG2 7LA, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
These financial statements for the year ended 31 March 2017 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 April 2015.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
33.33% straight line
Haylock and Hunter Ltd
Notes to the Accounts
for the year ended 31 March 2017
4
Tangible fixed assets
Land & buildings
Plant & machinery
Total
Cost or valuation
At cost
At cost
At 1 April 2016
519,000
2,371
521,371
Additions
689,000
1,749
690,749
At 31 March 2017
1,208,000
4,120
1,212,120
At 1 April 2016
-
1,314
1,314
Charge for the year
-
1,372
1,372
At 31 March 2017
-
2,686
2,686
At 31 March 2017
1,208,000
1,434
1,209,434
At 31 March 2016
519,000
1,057
520,057
Trade debtors
20,833
3,000
Accrued income and prepayments
17,503
2,563
Other debtors
167,107
1,808
7
Creditors: amounts falling due within one year
2017
2016
Trade creditors
41,145
3,667
Taxes and social security
872
912
Other creditors
37,269
9,312
Loans from directors
-
29,888
8
Creditors: amounts falling due after more than one year
2017
2016
Haylock and Hunter Ltd
Notes to the Accounts
for the year ended 31 March 2017
Allotted, called up and fully paid:
1,000 Ordinary shares of £1 each
1,000
1,000
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Directors loan account
(29,561)
1,130,605
933,936
167,108
(29,561)
1,130,605
933,936
167,108
The loan has interest charged, and is repayable on demand
11
Transactions with related parties
During the year the company has invoiced the director Mr Hunter, £49,941, for services provided, in relation to his properties.
Control is exercised by Geoff Hunter the director and 90% shareholder
13
Average number of employees
During the year the average number of employees was 3 (2016: 2).
