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REGISTERED NUMBER: 02883253 (England and Wales)














UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2022

FOR

HEMINGFORD LIMITED
TRADING AS
CORPORATE 7

HEMINGFORD LIMITED (REGISTERED NUMBER: 02883253)
TRADING AS CORPORATE 7






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Report of the Accountants 7

HEMINGFORD LIMITED
TRADING AS CORPORATE 7

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2022







DIRECTOR: M C Baker





REGISTERED OFFICE: 45 Queen Street
Deal
Kent
CT14 6EY





REGISTERED NUMBER: 02883253 (England and Wales)





ACCOUNTANTS: Higson & Co (Deal) Ltd
45 Queen Street
Deal
Kent
CT14 6EY

HEMINGFORD LIMITED (REGISTERED NUMBER: 02883253)
TRADING AS CORPORATE 7

BALANCE SHEET
31 DECEMBER 2022

2022 2021
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 5,029 6,925

CURRENT ASSETS
Debtors 5 24,788 10
Cash at bank 40,875 40,875
65,663 40,885
CREDITORS
Amounts falling due within one year 6 25,607 14,611
NET CURRENT ASSETS 40,056 26,274
TOTAL ASSETS LESS CURRENT
LIABILITIES

45,085

33,199

CREDITORS
Amounts falling due after more than one
year

7

11,810

16,000
NET ASSETS 33,275 17,199

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 33,175 17,099
SHAREHOLDERS' FUNDS 33,275 17,199

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

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

The director acknowledges his 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.

HEMINGFORD LIMITED (REGISTERED NUMBER: 02883253)
TRADING AS CORPORATE 7

BALANCE SHEET - continued
31 DECEMBER 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 director and authorised for issue on 30 September 2023 and were signed by:





M C Baker - Director


HEMINGFORD LIMITED (REGISTERED NUMBER: 02883253)
TRADING AS CORPORATE 7

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

1. STATUTORY INFORMATION

Hemingford Limited 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 financial statements are presented in round pounds £ 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 net invoiced sales of services,excluding value added tax

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

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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2021 - 1 ) .

HEMINGFORD LIMITED (REGISTERED NUMBER: 02883253)
TRADING AS CORPORATE 7

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

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
COST
At 1 January 2022
and 31 December 2022 5,500 15,151 5,626 26,277
DEPRECIATION
At 1 January 2022 4,386 11,652 3,314 19,352
Charge for year 278 526 1,092 1,896
At 31 December 2022 4,664 12,178 4,406 21,248
NET BOOK VALUE
At 31 December 2022 836 2,973 1,220 5,029
At 31 December 2021 1,114 3,499 2,312 6,925

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Other debtors 10 10
Directors' current accounts 24,525 -
VAT 253 -
24,788 10

The directors loan was repaid in full within nine months of the year end.

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Bank loans and overdrafts 17,399 4,000
Trade creditors 2,540 -
Tax 4,213 7,352
Directors' current accounts - 901
Accrued expenses 1,455 2,358
25,607 14,611

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2022 2021
£    £   
Bank loans - 1-2 years 4,000 4,000
Bank loans - 2-5 years 7,810 12,000
11,810 16,000

HEMINGFORD LIMITED (REGISTERED NUMBER: 02883253)
TRADING AS CORPORATE 7

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

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2022 2021
value: £    £   
100 Ordinary 1 100 100

9. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

Directors Loan Account
A Member of Key Management Personnel

The following Directors loans subsisted within the year;

During the year the Company advanced the Director £25,838 (2021: £16,468)
During the year the Director repaid the Company £412 (2021: £29,826)
As at the year end the Director owed the Company £24,525 (2021: £901 owed by the company)

The loan is interest free and repayable upon demand.

HEMINGFORD LIMITED
TRADING AS CORPORATE 7

REPORT OF THE ACCOUNTANTS TO THE DIRECTOR OF
HEMINGFORD LIMITED

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 December 2022 set out on pages one to ten and you consider that the company is exempt from an audit.

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.






Higson & Co (Deal) Ltd
45 Queen Street
Deal
Kent
CT14 6EY


30 September 2023