Company Registration No. 11772307 (England and Wales)
HYGGE PROPERTY GROUP LIMITED
Unaudited accounts
for the year ended 31 January 2023
HYGGE PROPERTY GROUP LIMITED
Unaudited accounts
Contents
HYGGE PROPERTY GROUP LIMITED
Company Information
for the year ended 31 January 2023
Directors
Christopher Davies
Karl Littleboy
Emma Smith
Company Number
11772307 (England and Wales)
Registered Office
LANREATH HATCHET CLOSE
HALE
FORDINGBRIDGE
SP6 2NF
ENGLAND
Accountants
Forest Edge Accountancy
2 Appletree Close
Redlynch
Salisbury
Wiltshire
SP5 2JG
HYGGE PROPERTY GROUP LIMITED
Statement of financial position
as at 31 January 2023
Investment property
124,000
124,000
Cash at bank and in hand
5,048
2,955
Creditors: amounts falling due within one year
(28,037)
(27,217)
Net current liabilities
(22,989)
(24,262)
Total assets less current liabilities
101,011
99,738
Creditors: amounts falling due after more than one year
(91,825)
(91,825)
Provisions for liabilities
Deferred tax
(4,314)
(4,314)
Called up share capital
3
3
Profit and loss account
4,869
3,596
Shareholders' funds
4,872
3,599
For the year ending 31 January 2023 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 directors acknowledge their 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 of Directors and authorised for issue on 19 October 2023 and were signed on its behalf by
Christopher Davies
Director
Company Registration No. 11772307
HYGGE PROPERTY GROUP LIMITED
Notes to the Accounts
for the year ended 31 January 2023
HYGGE PROPERTY GROUP LIMITED is a private company, limited by shares, registered in England and Wales, registration number 11772307. The registered office is LANREATH HATCHET CLOSE, HALE, FORDINGBRIDGE, SP6 2NF, 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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
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.
Fair value at 1 February 2022
124,000
At 31 January 2023
124,000
5
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
22,417
22,417
Taxes and social security
298
-
Loans from directors
4,972
4,647
HYGGE PROPERTY GROUP LIMITED
Notes to the Accounts
for the year ended 31 January 2023
6
Creditors: amounts falling due after more than one year
2023
2022
7
Average number of employees
During the year the average number of employees was 0 (2022: 0).