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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
Page
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Hungry Eye Limited Company Information for the year ended 31 December 2022
Director
Matthew Green
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
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Hungry Eye Limited Statement of financial position as at 31 December 2022
2022 
2021 
Notes
£ 
£ 
Fixed assets
Tangible assets
45,579 
47,794 
Current assets
Debtors
64,646 
34,855 
Cash at bank and in hand
10,648 
5,005 
75,294 
39,860 
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)
Capital and reserves
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
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Hungry Eye Limited Notes to the Accounts for the year ended 31 December 2022
1
Statutory information
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.
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.
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 taxation
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.
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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 
Depreciation
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 
Net book value
At 31 December 2022
44,482 
- 
666 
431 
45,579 
At 31 December 2021
46,802 
- 
902 
90 
47,794 
5
Debtors
2022 
2021 
£ 
£ 
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 
64,646 
34,855 
6
Creditors: amounts falling due within one year
2022 
2021 
£ 
£ 
Bank loans and overdrafts
30,139 
25,995 
VAT
8,112 
1,749 
Trade creditors
3,511 
3,492 
Taxes and social security
10,536 
10,791 
Accruals
339 
54 
52,637 
42,081 
7
Creditors: amounts falling due after more than one year
2022 
2021 
£ 
£ 
Bank loans
37,000 
49,728 
Other creditors
35,285 
35,285 
72,285 
85,013 
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.
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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).
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