A J Hassell Limited - Accounts to registrar (filleted) - small 18.2

A J Hassell Limited - Accounts to registrar (filleted) - small 18.2


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REGISTERED NUMBER: 01047853 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2018

FOR

A J HASSELL LIMITED

A J HASSELL LIMITED (REGISTERED NUMBER: 01047853)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2018




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Accountants' Report 6

A J HASSELL LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JULY 2018







DIRECTORS: A J Hassell
R J Hassell
A J Holder
A Hassell





SECRETARY: R J Hassell





REGISTERED OFFICE: Pitfield Barn
Wartling Road
WARTLING
East Sussex
BN27 1RR





REGISTERED NUMBER: 01047853 (England and Wales)





ACCOUNTANTS: Ashdown Hurrey
Chartered Accountants & Business Advisers
20 Havelock Road
Hastings
East Sussex
TN34 1BP

A J HASSELL LIMITED (REGISTERED NUMBER: 01047853)

BALANCE SHEET
31 JULY 2018

31.7.18 31.7.17
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,094 1,457
Investments 5 1,614,322 1,398,781
1,615,416 1,400,238

CURRENT ASSETS
Debtors 6 6,367 12,809
Cash at bank and in hand 516,103 649,089
522,470 661,898
CREDITORS
Amounts falling due within one year 7 30,338 14,237
NET CURRENT ASSETS 492,132 647,661
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,107,548

2,047,899

CAPITAL AND RESERVES
Called up share capital 4,502 4,502
Revaluation reserve 8 394,439 397,943
Retained earnings 1,708,607 1,645,454
SHAREHOLDERS' FUNDS 2,107,548 2,047,899

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2018 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 of Part 15 of the Companies Act 2006 relating to small companies.

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

The financial statements were approved by the Board of Directors on 22 January 2019 and were signed on its behalf by:





A J Hassell - Director


A J HASSELL LIMITED (REGISTERED NUMBER: 01047853)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2018

1. STATUTORY INFORMATION

A J Hassell 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 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 as modified by the revaluation of certain assets.

The directors have made an assessment and do not consider there to be any material uncertainties about the
company's ability to continue as a going concern. As a result they have adopted the going concern basis of
accounting.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2017 - 2 ) .

A J HASSELL LIMITED (REGISTERED NUMBER: 01047853)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2018

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 August 2017
and 31 July 2018 53,666
DEPRECIATION
At 1 August 2017 52,209
Charge for year 363
At 31 July 2018 52,572
NET BOOK VALUE
At 31 July 2018 1,094
At 31 July 2017 1,457

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST OR VALUATION
At 1 August 2017 1,398,781
Additions 496,793
Disposals (364,195 )
Revaluations 82,943
At 31 July 2018 1,614,322
NET BOOK VALUE
At 31 July 2018 1,614,322
At 31 July 2017 1,398,781

Cost or valuation at 31 July 2018 is represented by:

Other
investments
£   
Valuation in 2013 216,691
Valuation in 2014 18,215
Valuation in 2015 (10,449 )
Valuation in 2016 5,915
Valuation in 2017 81,124
Valuation in 2018 82,943
Cost 1,219,883
1,614,322

If fixed asset investments had not been revalued they would have been included at the following historical cost:

31.7.18 31.7.17
£    £   
Cost 1,219,882 1,000,837

Fixed asset investments were valued on an open market value basis on 31 July 2018 by Hargreaves Lansdown Asset Management Ltd
.

A J HASSELL LIMITED (REGISTERED NUMBER: 01047853)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2018

6. DEBTORS
31.7.18 31.7.17
£    £   
Amounts falling due within one year:
Other debtors 6,367 7,809

Amounts falling due after more than one year:
Other debtors - 5,000

Aggregate amounts 6,367 12,809

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.18 31.7.17
£    £   
Trade creditors 21 -
Taxation and social security 12,771 215
Other creditors 17,546 14,022
30,338 14,237

8. RESERVES
Revaluation
reserve
£   
At 1 August 2017 397,943
Revaluation of investments 82,943
Realisation of revalued amount (86,447 )

At 31 July 2018 394,439

9. RELATED PARTY DISCLOSURES

The directors were owed the following amounts by the company as at the year end, repayable on demand:
A J Hassell £5,615
R J Hassell £10,429


ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
A J HASSELL LIMITED

The following reproduces the text of the report prepared for the directors in respect of the company's
annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only
required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other
primary statements and the Report of the Directors are not required to be filed with the Registrar of
Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the
financial statements of A J Hassell Limited for the year ended 31 July 2018 which comprise the Income Statement,
Balance Sheet and the related notes from the company's accounting records and from information and explanations you
have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of A J Hassell Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of A J Hassell Limited and state those matters that we have agreed to state to the Board of Directors of A J Hassell Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than A J Hassell Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that A J Hassell Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of A J Hassell Limited. You consider that A J Hassell Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of A J Hassell Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Ashdown Hurrey
Chartered Accountants & Business Advisers
20 Havelock Road
Hastings
East Sussex
TN34 1BP


23 January 2019