Company registration number 07786117 (England and Wales)
CH4 HPS LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2022
PAGES FOR FILING WITH REGISTRAR
CH4 HPS LIMITED
BALANCE SHEET
AS AT
30 SEPTEMBER 2022
30 September 2022
1
2022
2021
Notes
£
£
£
£
Fixed assets
Tangible assets
4
2,272
3,589
Current assets
Debtors
113,596
97,317
Cash at bank and in hand
14
1,189
113,610
98,506
Creditors: amounts falling due within one year
5
(46,619)
(35,861)
Net current assets
66,991
62,645
Total assets less current liabilities
69,263
66,234
Creditors: amounts falling due after more than one year
6
(15,000)
(18,750)
Net assets
54,263
47,484
Capital and reserves
Called up share capital
7
1
1
Profit and loss reserves
54,262
47,483
Total equity
54,263
47,484

The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true

For the financial year ended 30 September 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

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

CH4 HPS LIMITED
BALANCE SHEET (CONTINUED)
AS AT
30 SEPTEMBER 2022
30 September 2022
2
The financial statements were approved and signed by the director and authorised for issue on 28 September 2023
Mr Jonathan Packham
Director
Company Registration No. 07786117
CH4 HPS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2022
3
1
Accounting policies
Company information

CH4 HPS Limited is a private company limited by shares incorporated in England and Wales. The registered office is 25 Hursley Road, Chandler's Ford, Eastleigh, Hampshire, SO53 2FS.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

1.3
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Plant and machinery
25% straight line
Computer equipment
25% straight line
Motor vehicles
25% reducing balance

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.4
Cash at bank and in hand

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

CH4 HPS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2022
1
Accounting policies (Continued)
4
1.5
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

1.6
Employee benefits

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2022
2021
Number
Number
Total
1
1
3
Taxation
2022
2021
£
£
Current tax
UK corporation tax on profits for the current period
11,282
20,871
CH4 HPS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2022
5
4
Tangible fixed assets
Plant and machinery
Computer equipment
Motor vehicles
Total
£
£
£
£
Cost
At 1 October 2021 and 30 September 2022
5,973
4,860
17,000
27,833
Depreciation and impairment
At 1 October 2021
5,734
4,535
13,975
24,244
Depreciation charged in the year
235
325
757
1,317
At 30 September 2022
5,969
4,860
14,732
25,561
Carrying amount
At 30 September 2022
4
-
0
2,268
2,272
At 30 September 2021
239
325
3,025
3,589
5
Creditors: amounts falling due within one year
2022
2021
£
£
Bank loans
5,000
5,000
Trade creditors
1,284
1,261
Corporation tax
37,803
28,322
Other creditors
2,532
1,278
46,619
35,861
6
Creditors: amounts falling due after more than one year
2022
2021
£
£
Bank loans and overdrafts
15,000
18,750
7
Called up share capital
2022
2021
£
£
Ordinary share capital
Issued and fully paid
1 Ordinary of £1 each
1
1
CH4 HPS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2022
7
Called up share capital (Continued)
6
8
Controlling party

The ultimate controlling party is the director J Packham, by virtue of his shareholdings.

2022-09-302021-10-01false28 September 2023CCH SoftwareCCH Accounts Production 2023.100No description of principal activityMr J Packham077861172021-10-012022-09-30077861172022-09-30077861172021-09-3007786117core:PlantMachinery2022-09-3007786117core:ComputerEquipment2022-09-3007786117core:MotorVehicles2022-09-3007786117core:PlantMachinery2021-09-3007786117core:ComputerEquipment2021-09-3007786117core:MotorVehicles2021-09-3007786117core:CurrentFinancialInstruments2022-09-3007786117core:CurrentFinancialInstruments2021-09-3007786117core:Non-currentFinancialInstruments2022-09-3007786117core:Non-currentFinancialInstruments2021-09-3007786117core:ShareCapital2022-09-3007786117core:ShareCapital2021-09-3007786117core:RetainedEarningsAccumulatedLosses2022-09-3007786117core:RetainedEarningsAccumulatedLosses2021-09-3007786117bus:Director12021-10-012022-09-3007786117core:PlantMachinery2021-10-012022-09-3007786117core:ComputerEquipment2021-10-012022-09-3007786117core:MotorVehicles2021-10-012022-09-30077861172020-10-012021-09-3007786117core:UKTax2021-10-012022-09-3007786117core:UKTax2020-10-012021-09-3007786117core:PlantMachinery2021-09-3007786117core:ComputerEquipment2021-09-3007786117core:MotorVehicles2021-09-30077861172021-09-3007786117bus:PrivateLimitedCompanyLtd2021-10-012022-09-3007786117bus:SmallCompaniesRegimeForAccounts2021-10-012022-09-3007786117bus:FRS1022021-10-012022-09-3007786117bus:AuditExemptWithAccountantsReport2021-10-012022-09-3007786117bus:FullAccounts2021-10-012022-09-30xbrli:purexbrli:sharesiso4217:GBP