Honley Environmental Services Limited |
Registered number: |
08081523 |
Balance Sheet as at 31 May 2022 |
Notes |
|
|
2022 |
|
|
2021 |
£ |
£ |
Fixed assets |
Intangible assets |
3 |
|
|
1 |
|
|
2,000 |
Tangible assets |
4 |
|
|
48 |
|
|
96 |
|
|
|
|
49 |
|
|
2,096 |
Current assets |
Debtors |
5 |
|
39,308 |
|
|
24,145 |
Cash at bank and in hand |
|
|
12,615 |
|
|
18,442 |
|
|
|
51,923 |
|
|
42,587 |
Creditors: amounts falling due within one year |
6 |
|
(18,346) |
|
|
(25,538) |
Net current assets |
|
|
|
33,577 |
|
|
17,049 |
Net assets |
|
|
|
33,626 |
|
|
19,145 |
|
|
|
|
|
|
|
|
Capital and reserves |
Called up share capital |
|
|
|
200 |
|
|
200 |
Share premium |
|
|
|
9,802 |
|
|
9,802 |
Profit and loss account |
|
|
|
23,624 |
|
|
9,143 |
Shareholders' funds |
|
|
|
33,626 |
|
|
19,145 |
|
|
|
|
|
|
|
|
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
Mrs H.M. Reddel |
Director |
Approved by the board on 31 August 2022 |
|
Honley Environmental Services Limited |
Notes to the Accounts |
for the year ended 31 May 2022 |
|
1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the Standard). |
|
|
Going concern |
|
The director believes the company is experiencing healthy levels of sales and profitability and that it is well placed to manage its business risks successfully. Accordingly she has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus she continues to adopt the going concern basis of accounting in preparing the financial statements. |
|
|
Turnover |
|
Turnover is measured at the fair value of the consideration received or receivable. Turnover is reduced for estimated customer returns, rebates and other similar allowances. Turnover from the sale of goods is recognised when goods are delivered and legal title has passed. |
|
|
Intangible fixed assets |
|
Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses. Goodwill costs are being written off in equal annual instalments over its estimated economic life of 10 years. |
|
|
Tangible fixed assets |
|
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows: |
|
|
Plant and Machinery |
3 years straight line basis |
|
|
Taxation |
|
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference. Current and deferred tax assets and liabilities are not discounted. |
|
Pensions |
|
Contributions to employee's personal defined contribution plans are expensed in the period to which they relate. |
|
|
2 |
Employees |
2022 |
|
2021 |
Number |
Number |
|
Average number of persons employed by the |
|
company (including director) during the year |
2 |
|
1 |
|
|
|
|
|
|
|
|
|
|
3 |
Intangible fixed assets |
£ |
|
Goodwill: |
|
Cost |
|
At 1 June 2021 |
20,000 |
|
At 31 May 2022 |
20,000 |
|
|
|
|
|
|
|
|
|
|
Amortisation |
|
At 1 June 2021 |
18,000 |
|
Provided during the year |
1,999 |
|
At 31 May 2022 |
19,999 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 31 May 2022 |
1 |
|
At 31 May 2021 |
2,000 |
|
|
|
|
|
|
|
|
|
|
4 |
Tangible fixed assets |
|
|
|
|
|
|
|
|
Plant and Machinery |
£ |
|
Cost |
|
At 1 June 2021 |
1,504 |
|
At 31 May 2022 |
1,504 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 June 2021 |
1,408 |
|
Charge for the year |
48 |
|
At 31 May 2022 |
1,456 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 31 May 2022 |
48 |
|
At 31 May 2021 |
96 |
|
|
|
|
|
|
|
|
|
|
5 |
Debtors |
2022 |
|
2021 |
£ |
£ |
|
Trade debtors |
22,541 |
|
22,460 |
|
Prepayments & accrued income |
16,767 |
|
1,685 |
|
|
|
|
|
|
39,308 |
|
24,145 |
|
|
|
|
|
|
|
|
|
|
6 |
Creditors: amounts falling due within one year |
2022 |
|
2021 |
£ |
£ |
|
Trade creditors |
22 |
|
13,901 |
|
Taxes and social security costs |
8,579 |
|
9,253 |
|
Other creditors |
137 |
|
884 |
|
Accruals |
9,608 |
|
1,500 |
|
|
|
|
|
|
18,346 |
|
25,538 |
|
|
|
|
|
|
|
|
|
7 |
Other information |
|
Honley Environmental Services Limited is a private company limited by shares and incorporated in England. Its registered office is : 72 Westcroft, Honley, Holmfirth, West Yorkshire, HD9 6JP. |
|
The financial statements are presented in Sterling, which is the functional currency of the company. |