2021-01-01 03841024 2021-12-31 03841024 2021-01-01 2021-12-31 03841024 uk-bus:RegisteredOffice 2021-01-01 2021-12-31 03841024 uk-bus:Director1 2021-01-01 2021-12-31 03841024 uk-bus:Director1 2021-12-31 03841024 uk-bus:Director2 2021-01-01 2021-12-31 03841024 uk-bus:Director2 2021-12-31 03841024 2020-12-31 03841024 2020-01-01 2020-12-31 03841024 uk-core:WithinOneYear 2020-12-31 03841024 uk-core:WithinOneYear 2021-12-31 03841024 uk-core:AfterOneYear 2020-12-31 03841024 uk-core:AfterOneYear 2021-12-31 03841024 uk-core:ShareCapital 2021-12-31 03841024 uk-core:ShareCapital 2020-12-31 03841024 uk-core:RetainedEarningsAccumulatedLosses 2021-12-31 03841024 uk-core:RetainedEarningsAccumulatedLosses 2020-12-31 03841024 uk-core:ToolsEquipment 2021-01-01 2021-12-31 03841024 uk-core:CommercialMotorVehicles 2021-01-01 2021-12-31 03841024 uk-core:FurnitureFittings 2021-01-01 2021-12-31 03841024 uk-core:OtherResidualIntangibleAssets 2021-01-01 2021-12-31 03841024 uk-core:OtherResidualIntangibleAssets 2021-12-31 03841024 uk-core:OtherResidualIntangibleAssets 2020-12-31 03841024 uk-core:ToolsEquipment 2020-12-31 03841024 uk-core:FurnitureFittings 2020-12-31 03841024 uk-core:CommercialMotorVehicles 2020-12-31 03841024 uk-core:CommercialMotorVehicles 2021-12-31 03841024 uk-core:FurnitureFittings 2021-12-31 03841024 uk-core:ToolsEquipment 2021-12-31 03841024 uk-core:CostValuation 2020-12-31 03841024 uk-core:CostValuation uk-core:Non-currentFinancialInstruments 2020-12-31 03841024 uk-core:CostValuation uk-core:Non-currentFinancialInstruments 2021-12-31 03841024 uk-core:CostValuation 2021-12-31 03841024 uk-core:Non-currentFinancialInstruments 2021-12-31 03841024 uk-core:Non-currentFinancialInstruments 2020-12-31 03841024 uk-core:WithinOneYear 2021-12-31 03841024 uk-core:WithinOneYear 2020-12-31 03841024 uk-core:AfterOneYear uk-core:Secured 2021-12-31 03841024 uk-core:AfterOneYear uk-core:Secured 2020-12-31 iso4217:GBP xbrli:pure 03841024 uk-bus:AuditExemptWithAccountantsReport 2021-01-01 2021-12-31 03841024 uk-bus:FRS102 2021-01-01 2021-12-31 03841024 uk-bus:FullAccounts 2021-01-01 2021-12-31 03841024 uk-bus:PrivateLimitedCompanyLtd 2021-01-01 2021-12-31
HXR Special Projects Limited
Registered Number:03841024
For the year ended 31 December 2021
England and Wales
Report of the Directors and Unaudited Financial Statements
2
For the year ended 31 December 2021
HXR Special Projects Limited
Contents Page
Company Information
1
2
Directors' Report
3
Independent Accountants' Report
4
Income Statement
5
Other Comprehensive Income
6
Statement of Financial Position
7
Statement of Changes in Equity
8 to 11
Notes to the Financial Statements
3
For the year ended 31 December 2021
HXR Special Projects Limited
Company Information
Michael J Ross
Directors
Gyuzel Shakirova
Gyuzel Shakirova
Company Secretary
03841024
Registered Number
6 Sackville Close
Registered Office
Harrow
Middlesex
HA2 0NJ
SAROM ASSOCIATES
Accountants
6 SACKVILLE CLOSE
HARROW
MIDDLESEX
HA2 0NJ
1 of 11
4
For the year ended 31 December 2021
HXR Special Projects Limited
Directors' Report
The directors present their report and accounts for the year ended 31 December 2021.
Principal activities
The principal activity of the company continued to be that of interior design and associated services
Directors
The directors who served the company throughout the year were as follows:
Michael J Ross
Gyuzel Shakirova
Michael J Ross
Signed on behalf of the board of directors
This report has been prepared in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006.
Date:
06 September 2022
2 of 11
5
For the year ended 31 December 2021
HXR Special Projects Limited
Independent Accountants' Report
As described on the Statement of Financial Position you are responsible for the preparation of the financial statements
for the year ended 31 December 2021 and you consider that the company is exempt from an audit under the
Companies Act 2006. In accordance with your instructions, we have compiled these unaudited financial statements in
order to assist you to fulfil your statutory responsibilities, from the accounting records and information and
explanations supplied to us.
SAROM ASSOCIATES
6 SACKVILLE CLOSE
HARROW
MIDDLESEX
HA2 0NJ
Date:
06 September 2022
3 of 11
6
For the year ended 31 December 2021
HXR Special Projects Limited
Income Statement
2020
£
2021
£
Turnover
180,247
73,338
(32,309)
Cost of sales
(47,747)
41,029
Gross profit
132,500
Administrative expenses
(38,579)
(38,817)
Operating profit
93,921
2,212
Interest payable and similar charges
(140)
-
93,781
2,212
Profit before taxation
(18,428)
(1,158)
Taxation
75,353
Profit for the financial year
1,054
4 of 11
7
For the year ended 31 December 2021
HXR Special Projects Limited
Other Comprehensive Income
2021
2020
£
£
75,353
1,054
Profit for the financial year
Total comprehensive income since last annual report
75,353
1,054
5 of 11
8
Registered Number :
03841024
As at 31 December 2021
HXR Special Projects Limited
Statement of Financial Position
£
£
2020
2021
Notes
Fixed assets
Intangible assets
719
761
2
Property, plant and equipment
10,997
14,663
3
Financial assets
2
2
4
11,718
15,426
Current assets
Trade and other receivables
10,920
72,627
5
86,535
Cash and cash equivalents
126,728
199,355
97,455
Trade and other payables: amounts falling due within one
year
(40,086)
(160,541)
6
57,369
38,814
Net current assets
Total assets less current liabilities
50,532
72,795
Trade and other payables: amounts falling due after more
than one year
(57,616)
-
7
50,532
Net assets
15,179
Capital and reserves
Called up share capital
100
100
Retained earnings
50,432
15,079
50,532
15,179
Shareholders' funds
For the year ended 31 December 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 of its financial statements for the year ended 31 December 2021 in accordance with Section 476 of the Companies Act 2006
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
Michael J Ross
These financial statements were approved and authorised for issue by the Board on 06 September 2022 and were signed by:
The notes form part of these financial statements
6 of 11
9
For the year ended 31 December 2021
HXR Special Projects Limited
Statement of Changes in Equity
Share Capital
Retained
earnings
Total
£
£
£
Balance at 01 January 2020
100
42,025
42,125
-
1,054
1,054
Profit for the period
Dividends
-
(28,000)
(28,000)
Balance at 31 December 2020 and 01 January
2021
15,179
15,079
100
-
75,353
75,353
Profit for the year
Dividends
-
(40,000)
(40,000)
Balance at 31 December 2021
100
50,432
50,532
7 of 11
10
For the year ended 31 December 2021
HXR Special Projects Limited
Notes to the Financial Statements
Statutory Information
HXR Special Projects Limited is a private limited company, limited by shares, domiciled in England and Wales,
registration number 03841024.
Principal place of business:
5 Glenhurst
Upper Norwood
London
SE19 3XN
Registered address:
6 Sackville Close
Harrow
Middlesex
HA2 0NJ
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
25% Reducing balance
Computer equipment
25% Reducing balance
Motor vehicles
25% Reducing balance
Fixtures and fittings
8 of 11
11
For the year ended 31 December 2021
HXR Special Projects Limited
Notes to the Financial Statements Continued
2. Intangible fixed assets
Other
Intangible
Assets
Cost or valuation
£
Additions
846
At 31 December 2021
846
Amortisation
At 01 January 2021
85
42
Charge for year
At 31 December 2021
127
Net book value
At 31 December 2021
719
3. Property, plant and equipment
Total
Computer
equipment
Fixtures and
fittings
Motor vehicles
£
£
£
£
Cost or
valuation
At 01 January 2021
31,087
9,562
985
20,540
At 31 December 2021
20,540
985
9,562
31,087
Provision for depreciation and impairment
At 01 January 2021
16,424
9,207
959
6,258
Charge for year
3,666
89
6
3,571
At 31 December 2021
20,090
9,296
965
9,829
At 31 December 2021
Net book value
10,711
20
266
10,997
At 31 December 2020
14,282
26
355
14,663
9 of 11
12
For the year ended 31 December 2021
HXR Special Projects Limited
Notes to the Financial Statements Continued
4. Investments held as fixed assets
Other investments
Total
At 01 January 2021
2
2
Cost
£
£
At 31 December 2021
2
2
At 31 December 2021
Net book value
2
2
At 01 January 2021
2
2
5. Trade and other receivables
2020
2021
£
£
Trade debtors
72,394
10,132
Other debtors
233
788
10,920
72,627
6. Trade and other payables: amounts falling due within one year
2020
2021
£
£
Bank loans and overdraft
48,365
-
Taxation and social security
41,883
1,960
Other creditors
70,293
38,126
160,541
40,086
7. Trade and other payables: amounts falling due after more than one year
2020
2021
£
£
Bank loans and overdraft
-
50,000
Other creditors
-
7,616
-
57,616
8. Average number of persons employed
During the year the average number of employees was 0 (2020 : 2)
10 of 11
13
For the year ended 31 December 2021
HXR Special Projects Limited
Notes to the Financial Statements Continued
11 of 11