IRIS Accounts Production v23.2.0.158 11883266 director 1.4.22 31.3.23 31.3.23 false true false false true false Ordinary 0.01000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure118832662022-03-31118832662023-03-31118832662022-04-012023-03-31118832662021-03-31118832662021-04-012022-03-31118832662022-03-3111883266ns16:EnglandWales2022-04-012023-03-3111883266ns15:PoundSterling2022-04-012023-03-3111883266ns11:Director12022-04-012023-03-3111883266ns11:PrivateLimitedCompanyLtd2022-04-012023-03-3111883266ns11:SmallEntities2022-04-012023-03-3111883266ns11:AuditExempt-NoAccountantsReport2022-04-012023-03-3111883266ns11:SmallCompaniesRegimeForDirectorsReport2022-04-012023-03-3111883266ns11:SmallCompaniesRegimeForAccounts2022-04-012023-03-3111883266ns11:FullAccounts2022-04-012023-03-3111883266ns11:OrdinaryShareClass12022-04-012023-03-3111883266ns6:CurrentFinancialInstruments2023-03-3111883266ns6:CurrentFinancialInstruments2022-03-3111883266ns6:Non-currentFinancialInstruments2023-03-3111883266ns6:Non-currentFinancialInstruments2022-03-3111883266ns6:ShareCapital2023-03-3111883266ns6:ShareCapital2022-03-3111883266ns6:RetainedEarningsAccumulatedLosses2023-03-3111883266ns6:RetainedEarningsAccumulatedLosses2022-03-3111883266ns11:RegisteredOffice2022-04-012023-03-3111883266ns6:PlantMachinery2022-03-3111883266ns6:PlantMachinery2022-04-012023-03-3111883266ns6:PlantMachinery2023-03-3111883266ns6:PlantMachinery2022-03-3111883266ns6:PlantMachineryns6:LeasedAssetsHeldAsLessee2022-03-3111883266ns6:PlantMachineryns6:LeasedAssetsHeldAsLessee2022-04-012023-03-3111883266ns6:PlantMachineryns6:LeasedAssetsHeldAsLessee2023-03-3111883266ns6:PlantMachineryns6:LeasedAssetsHeldAsLessee2022-03-3111883266ns6:WithinOneYearns6:CurrentFinancialInstruments2023-03-3111883266ns6:WithinOneYearns6:CurrentFinancialInstruments2022-03-3111883266ns11:OrdinaryShareClass12023-03-31
REGISTERED NUMBER: 11883266 (England and Wales)










SAVES MORE HASSLE LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2023






SAVES MORE HASSLE LIMITED (REGISTERED NUMBER: 11883266)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2023










Page

Balance Sheet 1

Notes to the Financial Statements 2 to 5


SAVES MORE HASSLE LIMITED (REGISTERED NUMBER: 11883266)

BALANCE SHEET
31ST MARCH 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 - 38,981

CURRENT ASSETS
Debtors 5 1,503 15,799
Cash at bank 46,226 10,251
47,729 26,050
CREDITORS
Amounts falling due within one year 6 32,673 22,388
NET CURRENT ASSETS 15,056 3,662
TOTAL ASSETS LESS CURRENT LIABILITIES 15,056 42,643

CREDITORS
Amounts falling due after more than one year 7 - (41,290 )

PROVISIONS FOR LIABILITIES - (1,302 )
NET ASSETS 15,056 51

CAPITAL AND RESERVES
Called up share capital 9 1 1
Retained earnings 15,055 50
SHAREHOLDERS' FUNDS 15,056 51

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

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

The director acknowledges his 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 29th September 2023 and were signed by:




S Moore-Howell - Director


SAVES MORE HASSLE LIMITED (REGISTERED NUMBER: 11883266)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2023


1. STATUTORY INFORMATION

Saves More Hassle Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 11883266

Registered office: 46 Rhodes Street
Castleford
WF10 1LE

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
Saves More Hassle Limited is a company limited by shares incorporated in England within the United Kingdom. The address of the registered office is given in the company information on page 3 of these financial statements.

The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £1.

The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

Depreciation is provided on all tangible fixed assets, at rates calculated to write off the cost, less estimated residual value, of each asset on a systematic basis over its expected useful life as follows:

Motor Vehicles - 25% reducing balance
Computer Equipment - 20% on cost

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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

SAVES MORE HASSLE LIMITED (REGISTERED NUMBER: 11883266)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2023


2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Debtors and creditors receivable / payable within one year
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2022 - 5 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1st April 2022 67,284
Disposals (67,284 )
At 31st March 2023 -
DEPRECIATION
At 1st April 2022 28,303
Charge for year 9,758
Eliminated on disposal (38,061 )
At 31st March 2023 -
NET BOOK VALUE
At 31st March 2023 -
At 31st March 2022 38,981

SAVES MORE HASSLE LIMITED (REGISTERED NUMBER: 11883266)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2023


4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and
machinery
etc
£   
COST
At 1st April 2022 29,995
Disposals (29,995 )
At 31st March 2023 -
DEPRECIATION
At 1st April 2022 11,248
Charge for year 4,687
Eliminated on disposal (15,935 )
At 31st March 2023 -
NET BOOK VALUE
At 31st March 2023 -
At 31st March 2022 18,747

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors - 7,264
Other debtors 1,503 8,535
1,503 15,799

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Hire purchase contracts - 3,465
Trade creditors - 217
Taxation and social security 25,330 6,734
Other creditors 7,343 11,972
32,673 22,388

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£    £   
Hire purchase contracts - 17,274
Other creditors - 24,016
- 41,290

SAVES MORE HASSLE LIMITED (REGISTERED NUMBER: 11883266)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2023


8. SECURED DEBTS

The following secured debts are included within creditors:

2023 2022
£    £   
Hire purchase - 20,739

The hire purchase loans are secured against the assets to which they relate.

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
100 Ordinary £0.01 1 1