The Habro Printing Company Limited 07525194 false 2021-04-01 2022-03-31 2022-03-31 The principal activity of the company is that of letter press services Digita Accounts Production Advanced 6.30.9574.0 true true true 07525194 2021-04-01 2022-03-31 07525194 2022-03-31 07525194 bus:OrdinaryShareClass1 bus:Non-cumulativeNon-redeemableShares 2022-03-31 07525194 core:RetainedEarningsAccumulatedLosses 2022-03-31 07525194 core:ShareCapital 2022-03-31 07525194 core:CurrentFinancialInstruments 2022-03-31 07525194 core:CurrentFinancialInstruments core:WithinOneYear 2022-03-31 07525194 core:PlantMachinery 2022-03-31 07525194 bus:SmallEntities 2021-04-01 2022-03-31 07525194 bus:AuditExemptWithAccountantsReport 2021-04-01 2022-03-31 07525194 bus:FullAccounts 2021-04-01 2022-03-31 07525194 bus:SmallCompaniesRegimeForAccounts 2021-04-01 2022-03-31 07525194 bus:RegisteredOffice 2021-04-01 2022-03-31 07525194 bus:Director1 2021-04-01 2022-03-31 07525194 bus:OrdinaryShareClass1 bus:Non-cumulativeNon-redeemableShares 2021-04-01 2022-03-31 07525194 bus:PrivateLimitedCompanyLtd 2021-04-01 2022-03-31 07525194 core:PlantMachinery 2021-04-01 2022-03-31 07525194 countries:England 2021-04-01 2022-03-31 07525194 2021-03-31 07525194 core:PlantMachinery 2021-03-31 07525194 2020-04-01 2021-03-31 07525194 2021-03-31 07525194 bus:OrdinaryShareClass1 bus:Non-cumulativeNon-redeemableShares 2021-03-31 07525194 core:RetainedEarningsAccumulatedLosses 2021-03-31 07525194 core:ShareCapital 2021-03-31 07525194 core:CurrentFinancialInstruments 2021-03-31 07525194 core:CurrentFinancialInstruments core:WithinOneYear 2021-03-31 07525194 core:PlantMachinery 2021-03-31 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 07525194

The Habro Printing Company Limited

Information for Filing with The Registrar

31 March 2022

 

The Habro Printing Company Limited

(Registration number: 07525194)

Balance Sheet

31 March 2022

Note

2022
£

2021
£

Fixed assets

 

Tangible assets

4

6,634

11,003

Current assets

 

Stocks

4,470

3,280

Debtors

5

7,270

6,200

Cash at bank and in hand

 

13,396

18,512

 

25,136

27,992

Creditors: Amounts falling due within one year

6

(78,203)

(67,783)

Net current liabilities

 

(53,067)

(39,791)

Net liabilities

 

(46,433)

(28,788)

Capital and reserves

 

Called up share capital

7

100

100

Retained earnings

(46,533)

(28,888)

Shareholders' deficit

 

(46,433)

(28,788)

For the financial year ending 31 March 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.

Approved and authorised by the Board on 9 August 2022 and signed on its behalf by:




P. Harris

Director

 

The Habro Printing Company Limited

Notes to the Accounts

Year Ended 31 March 2022

1

General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
Trinity Works
Albert Street
Featherstone
WF7 5EX

These financial statements were authorised for issue by the Board on 9 August 2022.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis on the assumption that the company's directors will continue their financial support for the foreseeable future.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when the amount of revenue can be reliably measured, it is probable that future economic benefits will flow to the entity and specific criteria have been met for each of the company's activities.

Government grants

Grants are recognised as income on a systematic basis over the periods in which the entity recognises the related costs for which the grant in intended to compensate.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

 

The Habro Printing Company Limited

Notes to the Accounts

Year Ended 31 March 2022

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Plant and machinery

10 years straight line basis

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

3

Staff numbers

The average number of persons employed by the company during the year, was 2 (2021 - 2).

4

Tangible assets

Plant and machinery
£

Total
£

Cost or valuation

At 1 April 2021

51,855

51,855

Additions

204

204

Disposals

(5,151)

(5,151)

At 31 March 2022

46,908

46,908

Depreciation

At 1 April 2021

40,852

40,852

Charge for the year

4,408

4,408

Eliminated on disposal

(4,986)

(4,986)

At 31 March 2022

40,274

40,274

Carrying amount

At 31 March 2022

6,634

6,634

At 31 March 2021

11,003

11,003

 

The Habro Printing Company Limited

Notes to the Accounts

Year Ended 31 March 2022

5

Debtors

2022
£

2021
£

Trade debtors

6,075

4,740

Other debtors

1,105

1,370

Prepayments

90

90

7,270

6,200

6

Creditors

2022
£

2021
£

Due within one year

 

Trade creditors

 

1,521

1,127

Amounts due to related parties

57,552

55,861

Other taxes and social security

 

-

11

Other creditors

 

19,130

10,784

 

78,203

67,783

7

Share capital

Allotted, called up and fully paid shares

 

2022

2021

 

No.

£

No.

£

Ordinary shares of £1 each

100

100

100

100