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Company Registration No. 12167681 (England and Wales)
HTCTW Global Limited Unaudited accounts for the year ended 31 August 2021
HTCTW Global Limited Unaudited accounts Contents
Page
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HTCTW Global Limited Company Information for the year ended 31 August 2021
Directors
Dr Jason John Blackstock Robin Alana Kai Heath Dr Duncan Stewart
Company Number
12167681 (England and Wales)
Registered Office
14 Casbeard Street London N4 2GD United Kingdom
Accountants
Sidgrove 86-90 Paul Street London EC2A 4NE
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HTCTW Global Limited Statement of financial position as at 31 August 2021
2021 
2020 
Notes
£ 
£ 
Fixed assets
Tangible assets
2,794 
4,568 
Current assets
Debtors
78,058 
43,000 
Cash at bank and in hand
2,260 
12,915 
80,318 
55,915 
Creditors: amounts falling due within one year
(91,012)
(62,511)
Net current liabilities
(10,694)
(6,596)
Net liabilities
(7,900)
(2,028)
Capital and reserves
Called up share capital
1,000 
1,000 
Profit and loss account
(8,900)
(3,028)
Shareholders' funds
(7,900)
(2,028)
For the year ending 31 August 2021 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 in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 19 August 2022 and were signed on its behalf by
Dr Jason John Blackstock Director Company Registration No. 12167681
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HTCTW Global Limited Notes to the Accounts for the year ended 31 August 2021
1
Statutory information
HTCTW Global Limited is a private company, limited by shares, registered in England and Wales, registration number 12167681. The registered office is 14 Casbeard Street, London, N4 2GD, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
33.33% Straight Line
Computer equipment
33.33% Straight Line
4
Tangible fixed assets
Plant & machinery 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 September 2020
2,961 
2,360 
5,321 
At 31 August 2021
2,961 
2,360 
5,321 
Depreciation
At 1 September 2020
362 
391 
753 
Charge for the year
987 
787 
1,774 
At 31 August 2021
1,349 
1,178 
2,527 
Net book value
At 31 August 2021
1,612 
1,182 
2,794 
At 31 August 2020
2,599 
1,969 
4,568 
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HTCTW Global Limited Notes to the Accounts for the year ended 31 August 2021
5
Debtors: amounts falling due within one year
2021 
2020 
£ 
£ 
VAT
233 
- 
Trade debtors
55,000 
- 
Amounts due from group undertakings etc.
21,714 
42,000 
Other debtors
1,111 
1,000 
78,058 
43,000 
6
Creditors: amounts falling due within one year
2021 
2020 
£ 
£ 
Trade creditors
984 
- 
Amounts owed to group undertakings and other participating interests
- 
11 
Taxes and social security
403 
- 
Other creditors
9 
- 
Loans from directors
85,936 
62,500 
Accruals
3,680 
- 
91,012 
62,511 
7
Transactions with related parties
Loan from Directors: At the Balance Sheet date £85,936 (2020: £62,500) was owed to directors in respect of expenses paid on behalf of the company and other amounts due from the company. The total balance is unsecured & repayable on demand. Loan to Subsidiary: At the Balance Sheet Date, How to Change the World Canada Inc., a fully owned subsidiary of the company, owed the company £21,714 (2020: £42,000). The loan is interest-free and repayable upon demand. Prior Year Adjustment - Loan to Subsidiary: The value owed from How to Change the World Canada Inc., as shown for the comparative period (2020), is the result of a prior year adjustment; this adjustment was made on the basis of additional information since the prior year filing date.
8
Average number of employees
During the year the average number of employees was 1 (2020: 0).
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