IRIS Accounts Production v22.2.0.402 08920523 Board of Directors 1.4.21 31.3.22 31.3.22 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure089205232021-03-31089205232022-03-31089205232021-04-012022-03-31089205232020-03-31089205232020-04-012021-03-31089205232021-03-3108920523ns16:EnglandWales2021-04-012022-03-3108920523ns15:PoundSterling2021-04-012022-03-3108920523ns11:Director12021-04-012022-03-3108920523ns11:PrivateLimitedCompanyLtd2021-04-012022-03-3108920523ns11:SmallEntities2021-04-012022-03-3108920523ns11:AuditExempt-NoAccountantsReport2021-04-012022-03-3108920523ns11:SmallCompaniesRegimeForDirectorsReport2021-04-012022-03-3108920523ns11:SmallCompaniesRegimeForAccounts2021-04-012022-03-3108920523ns11:FullAccounts2021-04-012022-03-3108920523ns11:Director22021-04-012022-03-3108920523ns11:RegisteredOffice2021-04-012022-03-3108920523ns6:CurrentFinancialInstruments2022-03-3108920523ns6:CurrentFinancialInstruments2021-03-3108920523ns6:Non-currentFinancialInstruments2022-03-3108920523ns6:Non-currentFinancialInstruments2021-03-3108920523ns6:ShareCapital2022-03-3108920523ns6:ShareCapital2021-03-3108920523ns6:CapitalRedemptionReserve2022-03-3108920523ns6:CapitalRedemptionReserve2021-03-3108920523ns6:RetainedEarningsAccumulatedLosses2021-03-3108920523ns6:FurnitureFittings2021-04-012022-03-3108920523ns6:ComputerEquipment2021-04-012022-03-3108920523ns6:FurnitureFittings2021-03-3108920523ns6:ComputerEquipment2021-03-3108920523ns6:FurnitureFittings2022-03-3108920523ns6:ComputerEquipment2022-03-3108920523ns6:FurnitureFittings2021-03-3108920523ns6:ComputerEquipment2021-03-3108920523ns6:WithinOneYearns6:CurrentFinancialInstruments2022-03-3108920523ns6:WithinOneYearns6:CurrentFinancialInstruments2021-03-3108920523ns11:Director42021-04-012022-03-3108920523ns11:Director442021-03-3108920523ns11:Director442020-03-3108920523ns11:Director442021-04-012022-03-3108920523ns11:Director442020-04-012021-03-3108920523ns11:Director442022-03-3108920523ns11:Director442021-03-3108920523ns11:Director112021-03-3108920523ns11:Director112020-03-3108920523ns11:Director112021-04-012022-03-3108920523ns11:Director112020-04-012021-03-3108920523ns11:Director112022-03-3108920523ns11:Director112021-03-31
REGISTERED NUMBER: 08920523 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022

FOR

HAMPSHIRE COMMERCIAL REFURBISHMENT LTD

HAMPSHIRE COMMERCIAL REFURBISHMENT LTD (REGISTERED NUMBER: 08920523)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


HAMPSHIRE COMMERCIAL REFURBISHMENT LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2022







DIRECTORS: Mrs J C Bardell
Mr D P Bardell





REGISTERED OFFICE: Unit 21
The Challenge Enterprise Centre
Sharps CLose
Portsmouth
Hampshire
PO3 5RJ





REGISTERED NUMBER: 08920523 (England and Wales)





ACCOUNTANTS: Casson Beckman
Chartered Accountants
Murrills House
48 East Street
Portchester
Fareham
Hampshire
PO16 9XS

HAMPSHIRE COMMERCIAL REFURBISHMENT LTD (REGISTERED NUMBER: 08920523)

BALANCE SHEET
31 MARCH 2022

2022 2021
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 762 1,714

CURRENT ASSETS
Stocks 900 8,500
Debtors 5 42,225 35,374
Cash at bank 112,045 169,299
155,170 213,173
CREDITORS
Amounts falling due within one year 6 86,629 104,879
NET CURRENT ASSETS 68,541 108,294
TOTAL ASSETS LESS CURRENT
LIABILITIES

69,303

110,008

CREDITORS
Amounts falling due after more than one
year

7

-

43,749
NET ASSETS 69,303 66,259

CAPITAL AND RESERVES
Called up share capital 50 100
Capital redemption reserve 50 -
Retained earnings 69,203 66,159
SHAREHOLDERS' FUNDS 69,303 66,259

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2022 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps 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 Sections 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.

HAMPSHIRE COMMERCIAL REFURBISHMENT LTD (REGISTERED NUMBER: 08920523)

BALANCE SHEET - continued
31 MARCH 2022


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30 June 2022 and were signed on its behalf by:





Mr D P Bardell - Director


HAMPSHIRE COMMERCIAL REFURBISHMENT LTD (REGISTERED NUMBER: 08920523)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022


1. STATUTORY INFORMATION

Hampshire Commercial Refurbishment Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents amounts for work done excluding VAT.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 15% on reducing balance
Computer equipment - 33% on cost

Stocks and work in progress
Stocks are valued at the lower of cost or net realisable value.

For incomplete contracts the value of work in progress reflects the partial performance of the contractual obligations. For such contracts work in progress reflects the accrual of the right to consideration by reference to the value of work performed.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2021 - 4 ) .

HAMPSHIRE COMMERCIAL REFURBISHMENT LTD (REGISTERED NUMBER: 08920523)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2022


4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 April 2021
and 31 March 2022 633 4,143 4,776
DEPRECIATION
At 1 April 2021 423 2,639 3,062
Charge for year 32 920 952
At 31 March 2022 455 3,559 4,014
NET BOOK VALUE
At 31 March 2022 178 584 762
At 31 March 2021 210 1,504 1,714

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Trade debtors 37,861 29,669
Other debtors 4,364 5,705
42,225 35,374

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Bank loans and overdrafts - 6,250
Trade creditors 26,411 33,320
Taxation and social security 57,155 40,553
Other creditors 3,063 24,756
86,629 104,879

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2022 2021
£    £   
Bank loans - 43,749

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal - 2,083

HAMPSHIRE COMMERCIAL REFURBISHMENT LTD (REGISTERED NUMBER: 08920523)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2022


8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2022 and 31 March 2021:

2022 2021
£    £   
Mr N Price
Balance outstanding at start of year 1,462 16,294
Amounts advanced 35,661 50,790
Amounts repaid (37,123 ) (65,622 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - 1,462

Mr D P Bardell
Balance outstanding at start of year 1,462 18,749
Amounts advanced 38,983 43,141
Amounts repaid (40,514 ) (60,428 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (69 ) 1,462

No interest has been charged on the above loans and they are repayable on demand.