HALES GALLERY LIMITED

Company Registration Number:
04719178 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2022

Period of accounts

Start date: 01 April 2021

End date: 31 March 2022

HALES GALLERY LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2022

Balance sheet
Notes

HALES GALLERY LIMITED

Balance sheet

As at 31 March 2022


Notes

2022

2021


£

£
Fixed assets
Tangible assets: 3 11,668 16,045
Investments: 4 1,000 1,000
Total fixed assets: 12,668 17,045
Current assets
Stocks: 708,767 643,178
Debtors:   802,245 784,184
Cash at bank and in hand: 878,794 425,091
Total current assets: 2,389,806 1,852,453
Creditors: amounts falling due within one year:   (811,732) (438,867)
Net current assets (liabilities): 1,578,074 1,413,586
Total assets less current liabilities: 1,590,742 1,430,631
Creditors: amounts falling due after more than one year:   (592,981) (728,152)
Total net assets (liabilities): 997,761 702,479
Capital and reserves
Called up share capital: 10,000 10,000
Profit and loss account: 987,761 692,479
Shareholders funds: 997,761 702,479

The notes form part of these financial statements

HALES GALLERY LIMITED

Balance sheet statements

For the year ending 31 March 2022 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

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

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 31 August 2022
and signed on behalf of the board by:

Name: Paul Maslin
Status: Director

The notes form part of these financial statements

HALES GALLERY LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2022

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

HALES GALLERY LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2022

2. Employees

2022 2021
Average number of employees during the period 9 8

HALES GALLERY LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2022

3. Tangible Assets

Total
Cost £
At 01 April 2021 312,717
Additions 3,706
At 31 March 2022 316,423
Depreciation
At 01 April 2021 296,672
Charge for year 8,083
At 31 March 2022 304,755
Net book value
At 31 March 2022 11,668
At 31 March 2021 16,045

HALES GALLERY LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2022

4. Fixed investments

Fixed investments represents the cost value of shares in group undertakings.