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REGISTERED NUMBER: 11269959 (England and Wales)












UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2021

FOR

HND HOUSE LIMITED

HND HOUSE LIMITED (REGISTERED NUMBER: 11269959)






CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 31 May 2021




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


HND HOUSE LIMITED

COMPANY INFORMATION
for the year ended 31 May 2021







DIRECTOR: Mr N J Letchford





REGISTERED OFFICE: 19-20 Bourne Court
Southend Road
Woodford Green
Essex
IG8 8HD





REGISTERED NUMBER: 11269959 (England and Wales)





ACCOUNTANTS: Raffingers LLP
Chartered Certified Accountants
19-20 Bourne Court
Southend Road
Woodford Green
Essex
IG8 8HD

HND HOUSE LIMITED (REGISTERED NUMBER: 11269959)

ABRIDGED BALANCE SHEET
31 May 2021

2021 2020
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 519 932

CURRENT ASSETS
Stocks 8,102 2,233
Debtors 129,565 138,134
Cash at bank and in hand 44,720 2,169
182,387 142,536
CREDITORS
Amounts falling due within one year 94,111 102,211
NET CURRENT ASSETS 88,276 40,325
TOTAL ASSETS LESS CURRENT
LIABILITIES

88,795

41,257

CREDITORS
Amounts falling due after more than one year 41,667 -
NET ASSETS 47,128 41,257

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 47,028 41,157
47,128 41,257

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2021 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

HND HOUSE LIMITED (REGISTERED NUMBER: 11269959)

ABRIDGED BALANCE SHEET - continued
31 May 2021


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 May 2021 in accordance with Section 444(2A) of the Companies Act 2006.

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

The financial statements were approved by the director and authorised for issue on 18 July 2022 and were signed by:





Mr N J Letchford - Director


HND HOUSE LIMITED (REGISTERED NUMBER: 11269959)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 31 May 2021

1. STATUTORY INFORMATION

HND House 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.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The financial statements have been prepared under going concern basis as the company will continue for the foreseeable future, not less than 12 months from the date of approval of these financial statements with the financial support from its director and credit facilities.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on cost
Equipment - 25% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

HND HOUSE LIMITED (REGISTERED NUMBER: 11269959)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 May 2021

2. ACCOUNTING POLICIES - continued

Short term debtors and creditors
Short term debtors and creditors with no stated interest rate are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account.

Government grants
Government grants, including non-monetary grants shall not be recognised until there is reasonable assurance that:
(a) the entity will comply with the conditions attaching to them; and
(b) the grants will be received.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 11 (2020 - 11 ) .

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 June 2020
and 31 May 2021 1,655
DEPRECIATION
At 1 June 2020 723
Charge for year 413
At 31 May 2021 1,136
NET BOOK VALUE
At 31 May 2021 519
At 31 May 2020 932

5. RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

The company and Victoria PH Limited are both subsidiaries of Carbon Industries Holdings Limited.

At the balance sheet date the company was owed £44,003 (2020: £43,533) by VLM House Limited, a subsidiary of Victoria PH Limited.

During the previous year the company received £26,250 in management charges from VLM House Limited.

During the year the company paid £44,597 in management charges to Fifty Foot Tall Limited, a company under common control.