IRIS Accounts Production v23.2.0.158 13077574 director 1.4.22 31.3.23 31.3.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure130775742022-03-31130775742023-03-31130775742022-04-012023-03-31130775742020-12-10130775742020-12-112022-03-31130775742022-03-3113077574ns16:EnglandWales2022-04-012023-03-3113077574ns15:PoundSterling2022-04-012023-03-3113077574ns11:Director12022-04-012023-03-3113077574ns11:PrivateLimitedCompanyLtd2022-04-012023-03-3113077574ns11:SmallEntities2022-04-012023-03-3113077574ns11:AuditExempt-NoAccountantsReport2022-04-012023-03-3113077574ns11:SmallCompaniesRegimeForDirectorsReport2022-04-012023-03-3113077574ns11:SmallCompaniesRegimeForAccounts2022-04-012023-03-3113077574ns11:FullAccounts2022-04-012023-03-3113077574ns11:RegisteredOffice2022-04-012023-03-3113077574ns6:CurrentFinancialInstruments2023-03-3113077574ns6:CurrentFinancialInstruments2022-03-3113077574ns6:ShareCapital2023-03-3113077574ns6:ShareCapital2022-03-3113077574ns6:RetainedEarningsAccumulatedLosses2023-03-3113077574ns6:RetainedEarningsAccumulatedLosses2022-03-3113077574ns6:ShortLeaseholdAssetsns6:LandBuildings2022-04-012023-03-3113077574ns6:ShortLeaseholdAssetsns6:LandBuildings2023-03-3113077574ns6:WithinOneYearns6:CurrentFinancialInstruments2023-03-3113077574ns6:WithinOneYearns6:CurrentFinancialInstruments2022-03-31
REGISTERED NUMBER: 13077574 (England and Wales)















H8 Enterprises Ltd

Unaudited Financial Statements for the Year Ended 31 March 2023






H8 Enterprises Ltd (Registered number: 13077574)

Contents of the Financial Statements
for the Year Ended 31 March 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


H8 Enterprises Ltd

Company Information
for the Year Ended 31 March 2023







DIRECTOR: Mrs JE Kelly





REGISTERED OFFICE: Higher Holcombe House
Higher Holcombe Road
Teignmouth
Devon
TQ14 9NP





REGISTERED NUMBER: 13077574 (England and Wales)





ACCOUNTANTS: Haines Watts Accountants (Exeter) Limited
3 Southernhay West
Exeter
Devon
EX1 1JG

H8 Enterprises Ltd (Registered number: 13077574)

Balance Sheet
31 March 2023

2023 2022
Notes £    £   
FIXED ASSETS
Tangible assets 4 62,786 -

CURRENT ASSETS
Debtors 5 23,264 100
Cash at bank 55,718 264
78,982 364
CREDITORS
Amounts falling due within one year 6 (147,242 ) (2,600 )
NET CURRENT LIABILITIES (68,260 ) (2,236 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(5,474

)

(2,236

)

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (5,574 ) (2,336 )
(5,474 ) (2,236 )

H8 Enterprises Ltd (Registered number: 13077574)

Balance Sheet - continued
31 March 2023


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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

In accordance with Section 444 of the Companies Act 2006, the Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the director and authorised for issue on 6 October 2023 and were signed by:





Mrs JE Kelly - Director


H8 Enterprises Ltd (Registered number: 13077574)

Notes to the Financial Statements
for the Year Ended 31 March 2023


1. STATUTORY INFORMATION

H8 Enterprises Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Going concern
The company has not commenced trading, the directors and related companies remain fully supportive and as such these financial statements have been prepared on a going concern basis.

Tangible fixed assets
The new long leasehold building was under construction during the year, it will be depreciated over its useful life expectancy upon completion of the build when it comes into use.

Financial instruments
Financial instruments are classified and accounted for, according to he substance of contractualarrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

H8 Enterprises Ltd (Registered number: 13077574)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023


4. TANGIBLE FIXED ASSETS
Long
leasehold
£   
COST
Additions 62,786
At 31 March 2023 62,786
NET BOOK VALUE
At 31 March 2023 62,786

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 23,264 100

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 1 -
Other creditors 147,241 2,600
147,242 2,600

7. RELATED PARTY DISCLOSURES

Related party loan (company under common ownership)
At the balance sheet date, the company had a £146,086 (2022 £2,000) loan with a related company interest of £1,986 (2022 £Nil) was charged. This balance is shown in 'creditors due within one year'; the loan is repayable on demand.