Registered number
09953299
Habitude Ltd
Filleted Accounts
31 March 2022
Habitude Ltd
Registered number: 09953299
Balance Sheet
as at 31 March 2022
Notes 2022 2021
£ £
Fixed assets
Tangible assets 3 2,686 129
Current assets
Stocks 5,425 -
Debtors 4 10,813 3,703
Cash at bank and in hand 1,978 29,250
18,216 32,953
Creditors: amounts falling due within one year 5 (9,301) (8,715)
Net current assets 8,915 24,238
Total assets less current liabilities 11,601 24,367
Creditors: amounts falling due after more than one year 6 (11,500) (10,467)
Net assets 101 13,900
Capital and reserves
Called up share capital 100 100
Profit and loss account 1 13,800
Shareholders' funds 101 13,900
Average number of employees 1 1
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Miss H Pedrick
Director
Approved by the board on 18 July 2022
Habitude Ltd
Notes to the Accounts
for the year ended 31 March 2022
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes.
Intangible fixed assets
Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Plant and machinery Reducing balance 20%
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods.
Pensions
Contributions to defined contribution plans are expensed in the period to which they relate.
2 Employees 2022 2021
Number Number
Average number of persons employed by the company 1 1
3 Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 April 2021 229
Additions 2,761
At 31 March 2022 2,990
Depreciation
At 1 April 2021 100
Charge for the year 204
At 31 March 2022 304
Net book value
At 31 March 2022 2,686
At 31 March 2021 129
4 Debtors 2022 2021
£ £
Trade debtors 832 3,703
Other debtors 9,981 -
10,813 3,703
5 Creditors: amounts falling due within one year 2022 2021
£ £
Bank loans and overdrafts 3,000 -
Obligations under finance lease and hire purchase contracts 1,181 -
Trade creditors 2,894 1,500
Taxation and social security costs 2,226 7,213
Other creditors - 2
9,301 8,715
6 Creditors: amounts falling due after one year 2022 2021
£ £
Bank loans 11,500 10,467
7 Other information
Habitude Ltd is a private company limited by shares and incorporated in England. Its registered office is:
A05 Towngate Works
Dark Lane
Mawdesley
Lancashire
L40 2QU
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