Company No:
Contents
DIRECTOR | Jolene Feeley |
SECRETARY | Kim Von Coels |
REGISTERED OFFICE | Ground Floor Blackbrook Gate 1 |
Blackbrook Business Park | |
Taunton | |
TA1 2PX | |
United Kingdom |
COMPANY NUMBER | 11667143 (England and Wales) |
CHARTERED ACCOUNTANTS | Francis Clark LLP |
90 Victoria Street | |
Bristol | |
BS1 6DP |
Note | 2022 | 2021 | ||
£ | £ | |||
Fixed assets | ||||
Intangible assets | 3 |
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Tangible assets | 4 |
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15,399 | 20,158 | |||
Current assets | ||||
Stocks |
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Debtors | 5 |
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Cash at bank and in hand |
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29,459 | 7,693 | |||
Creditors: amounts falling due within one year | 6 | (
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Net current liabilities | (242,810) | (172,044) | ||
Total assets less current liabilities | (227,411) | (151,886) | ||
Net liabilities | (
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Capital and reserves | ||||
Called-up share capital | 7 |
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Profit and loss account | (
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Total shareholder's deficit | (
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Director's responsibilities:
The financial statements of Heart of the Tribe Ltd (registered number:
Jolene Feeley
Director |
The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.
Heart of the Tribe Ltd (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Ground Floor Blackbrook Gate 1, Blackbrook Business Park, Taunton, TA1 2PX, United Kingdom.
The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.
The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.
Notwithstanding the net current liabilities of £242,810 (2021: £172,044) and net liabilities of £227,411 (2021: £151,886) the director is satisfied, having made all necessary enquiries, that the going concern basis of preparation remains appropriate. In making their assessment, the director has, in particular, considered the following matters:
- The shareholder has agreed that loans owing to them of £260,572 (2021: £174,193) will not be called for repayment until such time that the company has sufficient available funds whilst protecting the trading status of the company.
- The ability of the company to meet its liabilities as they fall due.
Having taken these matters into consideration, and whilst recognising that there can be no certainty, the director is satisfied that it remains appropriate to prepare these financial statements on a going concern basis having considered a period of at least 12 months from the date of approval of these financial statements.
Turnover from the sale of goods is recognised when the goods are physically delivered to the customer.
Website costs |
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Leasehold improvements |
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Fixtures and fittings |
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2022 | 2021 | ||
Number | Number | ||
Monthly average number of persons employed by the Company during the year, including the director |
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Website costs | Total | ||
£ | £ | ||
Cost | |||
At 01 December 2021 |
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Additions |
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At 30 November 2022 |
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Accumulated amortisation | |||
At 01 December 2021 |
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Charge for the financial year |
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At 30 November 2022 |
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Net book value | |||
At 30 November 2022 |
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At 30 November 2021 |
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Leasehold improve- ments |
Fixtures and fittings | Total | |||
£ | £ | £ | |||
Cost | |||||
At 01 December 2021 |
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Additions |
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At 30 November 2022 |
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Accumulated depreciation | |||||
At 01 December 2021 |
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Charge for the financial year |
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At 30 November 2022 |
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Net book value | |||||
At 30 November 2022 |
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At 30 November 2021 |
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2022 | 2021 | ||
£ | £ | ||
Other debtors |
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2022 | 2021 | ||
£ | £ | ||
Other taxation and social security |
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Other creditors |
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2022 | 2021 | ||
£ | £ | ||
Allotted, called-up and fully-paid | |||
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