HG Industries Ltd 13025308 true 2020-11-17 2021-11-30 2021-11-30 The principal activity of the company is Dormant Digita Accounts Production Advanced 6.29.9459.0 true Gavin Cocliff 13025308 2020-11-17 2021-11-30 13025308 2021-11-30 13025308 core:ShareCapital 2021-11-30 13025308 core:CurrentFinancialInstruments 2021-11-30 13025308 bus:FRS102 2020-11-17 2021-11-30 13025308 bus:AuditExempt-NoAccountantsReport 2020-11-17 2021-11-30 13025308 bus:FullAccounts 2020-11-17 2021-11-30 13025308 bus:RegisteredOffice 2020-11-17 2021-11-30 13025308 bus:Director1 2020-11-17 2021-11-30 13025308 bus:OrdinaryShareClass1 2020-11-17 2021-11-30 13025308 bus:EntityHasNeverTraded 2020-11-17 2021-11-30 13025308 bus:PrivateLimitedCompanyLtd 2020-11-17 2021-11-30 13025308 countries:England 2020-11-17 2021-11-30 iso4217:GBP xbrli:pure

Registration number: 13025308

HG Industries Ltd

Annual Report and Unaudited Financial Statements

for the Period from 17 November 2020 to 30 November 2021

 

HG Industries Ltd

(Registration number: 13025308)
Balance Sheet as at 30 November 2021

Note

2021
£

Current assets

 

Debtors

4

100

Capital and reserves

 

Called up share capital

5

100

Shareholders' funds

 

100

For the financial period ending 30 November 2021 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved and authorised by the director on 2 August 2022
 

.........................................

Gavin Cocliff
Director

 

HG Industries Ltd

Notes to the Unaudited Financial Statements for the Period from 17 November 2020 to 30 November 2021

1

General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
8b Langthwaite Road
Langthwaite Grange Ind. Estate
South Kirkby
Pontefract
WF9 3AP

These financial statements were authorised for issue by the director on 2 August 2022.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

The financial statements have been prepared under the historical cost convention and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime'.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Staff numbers

The average number of persons employed by the company (including the director) during the period, was 0.

 

HG Industries Ltd

Notes to the Unaudited Financial Statements for the Period from 17 November 2020 to 30 November 2021

4

Debtors

2021
£

Other debtors

100

100

5

Share capital

New shares allotted

During the period 100 Ordinary having an aggregate nominal value of £1 were allotted for an aggregate consideration of £100.