Company Registration No. 03955339 (England and Wales)
Hungry Eye Limited
Unaudited accounts
for the year ended 31 December 2022
Hungry Eye Limited
Unaudited accounts
Contents
Hungry Eye Limited
Company Information
for the year ended 31 December 2022
Company Number
03955339 (England and Wales)
Registered Office
OLD SCHOOL HOUSE CHURCH ROAD
COLATON RALEIGH
SIDMOUTH
EX10 0LL
ENGLAND
Accountants
Brambillow Accounting Ltd
Brookhouse
Cranoe Road
Welham
Leicestershire
LE16 7UH
Hungry Eye Limited
Statement of financial position
as at 31 December 2022
Tangible assets
45,579
47,794
Cash at bank and in hand
10,648
5,005
Creditors: amounts falling due within one year
(52,637)
(42,081)
Net current assets/(liabilities)
22,657
(2,221)
Total assets less current liabilities
68,236
45,573
Creditors: amounts falling due after more than one year
(72,285)
(85,013)
Provisions for liabilities
Deferred tax
(8,660)
(7,410)
Net liabilities
(12,709)
(46,850)
Called up share capital
100
100
Profit and loss account
(12,809)
(46,950)
Shareholders' funds
(12,709)
(46,850)
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 28 September 2023 and were signed on its behalf by
Matthew Green
Director
Company Registration No. 03955339
Hungry Eye Limited
Notes to the Accounts
for the year ended 31 December 2022
Hungry Eye Limited is a private company, limited by shares, registered in England and Wales, registration number 03955339. The registered office is OLD SCHOOL HOUSE CHURCH ROAD, COLATON RALEIGH, SIDMOUTH, EX10 0LL, 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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
15% on cost
Motor vehicles
20% on cost
Fixtures & fittings
10% on cost
Computer equipment
33% on cost
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Hungry Eye Limited
Notes to the Accounts
for the year ended 31 December 2022
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 January 2022
239,580
13,503
3,186
3,853
260,122
Additions
14,253
-
-
639
14,892
Disposals
(6,608)
-
-
-
(6,608)
At 31 December 2022
247,225
13,503
3,186
4,492
268,406
At 1 January 2022
192,778
13,503
2,284
3,763
212,328
Charge for the year
15,859
-
236
298
16,393
On disposals
(5,894)
-
-
-
(5,894)
At 31 December 2022
202,743
13,503
2,520
4,061
222,827
At 31 December 2022
44,482
-
666
431
45,579
At 31 December 2021
46,802
-
902
90
47,794
Amounts falling due within one year
Trade debtors
17,796
1,491
Accrued income and prepayments
2,123
161
Other debtors
44,727
33,203
6
Creditors: amounts falling due within one year
2022
2021
Bank loans and overdrafts
30,139
25,995
Trade creditors
3,511
3,492
Taxes and social security
10,536
10,791
7
Creditors: amounts falling due after more than one year
2022
2021
Other creditors
35,285
35,285
8
Transactions with related parties
At 31 December 2022, £44,727 was repayable by the Director to the Company (2021: £33,203). The following conditions are attached to all amounts owing: (1) interest is not charged on any amounts outstanding; (2) No fixed date has been set for the amount to be repaid to the Company.
Hungry Eye Limited
Notes to the Accounts
for the year ended 31 December 2022
9
Average number of employees
During the year the average number of employees was 2 (2021: 1).