HEXON CARS LTD

Company Registration Number:
09937928 (England and Wales)

Unaudited abridged accounts for the year ended 31 January 2023

Period of accounts

Start date: 01 February 2022

End date: 31 January 2023

HEXON CARS LTD

Contents of the Financial Statements

for the Period Ended 31 January 2023

Balance sheet
Notes

HEXON CARS LTD

Balance sheet

As at 31 January 2023


Notes

2023

2022


£

£
Fixed assets
Tangible assets: 3 51,092 56,146
Total fixed assets: 51,092 56,146
Current assets
Stocks: 284,742 110,696
Cash at bank and in hand: 40,733 31,385
Total current assets: 325,475 142,081
Creditors: amounts falling due within one year:   (294,283) (103,981)
Net current assets (liabilities): 31,192 38,100
Total assets less current liabilities: 82,284 94,246
Creditors: amounts falling due after more than one year:   (82,184) (94,146)
Total net assets (liabilities): 100 100
Capital and reserves
Called up share capital: 100 100
Shareholders funds: 100 100

The notes form part of these financial statements

HEXON CARS LTD

Balance sheet statements

For the year ending 31 January 2023 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 27 September 2023
and signed on behalf of the board by:

Name: Albert Jerzy Andraszek
Status: Director

The notes form part of these financial statements

HEXON CARS LTD

Notes to the Financial Statements

for the Period Ended 31 January 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover is measured at the fair value of the consideration received or receivable for goods suppliedand services rendered, net of discounts and Value Added Tax.

Tangible fixed assets and depreciation policy

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value,over the useful economic life of that asset as follows:Plant and machinery - 10% reducing balanceFittings fixtures and equipment - 10% reducing balance

HEXON CARS LTD

Notes to the Financial Statements

for the Period Ended 31 January 2023

2. Employees

2023 2022
Average number of employees during the period 4 5

HEXON CARS LTD

Notes to the Financial Statements

for the Period Ended 31 January 2023

3. Tangible Assets

Total
Cost £
At 01 February 2022 81,067
Additions 623
At 31 January 2023 81,690
Depreciation
At 01 February 2022 24,921
Charge for year 5,677
At 31 January 2023 30,598
Net book value
At 31 January 2023 51,092
At 31 January 2022 56,146