1 January 2022 false No description of principal activity Taxfiler 2023.9 10014251business:PrivateLimitedCompanyLtd2022-01-012022-12-31 100142512021-12-31 100142512022-01-012022-12-31 10014251business:AuditExemptWithAccountantsReport2022-01-012022-12-31 10014251business:FilletedAccounts2022-01-012022-12-31 100142512022-12-31 10014251business:Director12022-01-012022-12-31 10014251business:RegisteredOffice2022-01-012022-12-31 100142512021-12-31 10014251core:WithinOneYear2022-12-31 10014251core:WithinOneYear2021-12-31 10014251core:ShareCapitalcore:PreviouslyStatedAmount2022-12-31 10014251core:ShareCapitalcore:PreviouslyStatedAmount2021-12-31 10014251core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-12-31 10014251core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2021-12-31 10014251core:PreviouslyStatedAmount2022-12-31 10014251core:PreviouslyStatedAmount2021-12-31 10014251business:SmallEntities2022-01-012022-12-31 10014251countries:EnglandWales2022-01-012022-12-31 100142512021-01-012021-12-31 iso4217:GBP xbrli:pure
Company Registration No. 10014251 (England and Wales)
HEADFORD USA LIMITED Unaudited accounts for the year ended 31 December 2022
HEADFORD USA LIMITED Unaudited accounts Contents
Page
- 2 -
HEADFORD USA LIMITED Company Information for the year ended 31 December 2022
Director
C Headford
Company Number
10014251 (England and Wales)
Registered Office
2ND FLOOR UNIT 8 APEX COURT BRADLEY STOKE BRISTOL BS32 4JT ENGLAND
Accountants
Steele Financial Ltd Orion House, Axis 4/5 Woodlands, Bradley Stoke Bristol BS32 4JT
- 3 -
HEADFORD USA LIMITED Statement of financial position as at 31 December 2022
2022 
2021 
Notes
£ 
£ 
Current assets
Debtors
979,142 
786,345 
Cash at bank and in hand
79,968 
275,734 
1,059,110 
1,062,079 
Creditors: amounts falling due within one year
(464,997)
(431,129)
Net current assets
594,113 
630,950 
Net assets
594,113 
630,950 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
594,112 
630,949 
Shareholders' funds
594,113 
630,950 
For the year ending 31 December 2022 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 in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 29 September 2023 and were signed on its behalf by
C Headford Director Company Registration No. 10014251
- 4 -
HEADFORD USA LIMITED Notes to the Accounts for the year ended 31 December 2022
1
Statutory information
HEADFORD USA LIMITED is a private company, limited by shares, registered in England and Wales, registration number 10014251. The registered office is 2ND FLOOR UNIT 8 APEX COURT, BRADLEY STOKE, BRISTOL, BS32 4JT, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Foreign exchange
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Government grants
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
4
Debtors
2022 
2021 
£ 
£ 
Amounts falling due within one year
VAT
1,009 
- 
Trade debtors
34,530 
87,733 
Amounts due from group undertakings etc.
908,753 
612,609 
Other debtors
34,850 
86,003 
979,142 
786,345 
- 5 -
HEADFORD USA LIMITED Notes to the Accounts for the year ended 31 December 2022
5
Creditors: amounts falling due within one year
2022 
2021 
£ 
£ 
Taxes and social security
447,492 
427,836 
Other creditors
17,165 
1,373 
Loans from directors
340 
- 
Accruals
- 
1,920 
464,997 
431,129 
6
Transactions with related parties
At the end of the financial year, the Company owed its' Director £340. This loan is interest free, and is repayable on demand.
7
Average number of employees
During the year the average number of employees was 7 (2021: 5).
- 6 -