Haywood Homes (Wales) Gl Limited
|
Registered Number
:
07034137
|
For the year ended 30 September 2018
England and Wales
Unaudited Financial Statements
For the year ended 30 September 2018
Haywood Homes (Wales) Gl Limited
Contents Page
1
Statement of Financial Position
2 to 5
Notes to the Financial Statements
Haywood Homes (Wales) Gl Limited
Statement of Financial Position
2017
2018
Property
,
plant and equipment
|
704,653
875,825
2
704,653
875,825
941,098
1,413,160
3
Trade and other receivables
|
92,776
182,807
4
64,010
Cash and cash equivalents
|
10,084
1,606,051
1,097,884
Trade and other payables
:
amounts falling due within one
|
year
|
(1,240,888)
(1,214,205)
5
(143,004)
391,846
Net current assets
Total assets less current liabilities
|
1,096,499
732,821
Trade and other payables
:
amounts falling due after more
|
than one year
|
(431,211)
(667,434)
6
429,065
Net assets
301,610
4
4
411,147
411,147
7
17,914
(109,541)
429,065
301,610
Shareholders' funds
For the year ended 30 September 2018 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 of its financial statements for the year ended 30 September 2018 in accordance with Section 476 of the Companies Act 2006
|
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section
|
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
.
|
In accordance with Section
444
of the Companies Act
2006
,
the Income Statement has not been delivered
.
|
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
|
Mr Anthony Grahame Scutt Director
|
These financial statements were approved and authorised for issue by the Board on 07 January 2019 and were signed by:
|
1 of 5
For the year ended 30 September 2018
Haywood Homes (Wales) Gl Limited
Statement of Financial Position Continued
The notes form part of these financial statements
|
2 of 5
For the year ended 30 September 2018
Haywood Homes (Wales) Gl Limited
Notes to the Financial Statements
Statutory Information
Haywood Homes
(
Wales
)
Gl Limited is a private limited company
,
limited by shares
,
domiciled in England and Wales
,
|
registration number
07034137
.
|
72, Dunstall Road
Halesowen
West Midlands
B63 1BE
The presentation currency is £ sterling
.
|
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section
1
A 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 costs convention as
|
modified by the revaluation of certain assets
.
|
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
|
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
|
The company
''
s freehold properties are revalued in full every five years
.
Interim valuations are carried out when it is
|
likely that there has been a material change in value
.
|
No depreciation is provided on the company
''
s freehold properties since in the opinion of the directors the expected
|
useful lives are sufficiently long and the estimated residual values are sufficiently high that any such depreciation
|
would be immaterial
.
The directors undertake an annual impairment review of these properties
.
|
Inventories
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
|
3 of 5
For the year ended 30 September 2018
Haywood Homes (Wales) Gl Limited
Notes to the Financial Statements Continued
2
.
Property
,
plant and equipment
|
876,089
792
-
11,880
863,417
6,367
254
6,113
-
-
-
-
-
(173,361)
(173,361)
11,880
6,113
1,046
709,095
690,056
Provision for depreciation and impairment
|
264
264
-
-
-
Charge for year
4,178
262
-
3,916
-
4,442
526
-
3,916
-
690,056
7,964
6,113
520
704,653
863,417
11,880
-
528
875,825
2017
2018
1,413,160
941,098
4
.
Trade and other receivables
|
2017
2018
182,807
92,776
5
.
Trade and other payables
:
amounts falling due within one year
|
2017
2018
Bank loans and overdraft
(
secured
)
|
555,438
980,413
586,301
237,122
Taxation and social security
|
26,744
15,853
45,722
7,500
1,214,205
1,240,888
4 of 5
For the year ended 30 September 2018
Haywood Homes (Wales) Gl Limited
Notes to the Financial Statements Continued
6
.
Trade and other payables
:
amounts falling due after more than one year
|
2017
2018
Amounts owed to group undertaking and undertaking in which the
|
company has a participating interest
|
78,400
78,400
589,034
352,811
667,434
431,211
Revaluation reserve at
01
October
2017
|
411,147
411,147
Revaluation reserve at
30
September
2018
|
5 of 5