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REGISTERED NUMBER: 10817261 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2023

FOR

HELLO WEDDINGS & EVENTS GROUP LTD

HELLO WEDDINGS & EVENTS GROUP LTD (REGISTERED NUMBER: 10817261)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


HELLO WEDDINGS & EVENTS GROUP LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2023







DIRECTOR: MISS H AGELOU





REGISTERED OFFICE: 109 BAKERS STREET
LONDON
W1U 6RP





REGISTERED NUMBER: 10817261 (England and Wales)





ACCOUNTANTS: GOLDWYNS
CHARTERED ACCOUNTANTS
109 BAKER STREET
LONDON
W1U 6RP

HELLO WEDDINGS & EVENTS GROUP LTD (REGISTERED NUMBER: 10817261)

BALANCE SHEET
30 JUNE 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 3,628 311

CURRENT ASSETS
Debtors 5 55,694 57,853
Cash at bank 18,972 23,560
74,666 81,413
CREDITORS
Amounts falling due within one year 6 90,357 81,008
NET CURRENT (LIABILITIES)/ASSETS (15,691 ) 405
TOTAL ASSETS LESS CURRENT
LIABILITIES

(12,063

)

716

CREDITORS
Amounts falling due after more than one year 7 18,742 19,398
NET LIABILITIES (30,805 ) (18,682 )

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 9 (30,905 ) (18,782 )
SHAREHOLDERS' FUNDS (30,805 ) (18,682 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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 Income Statement has not been delivered.

The financial statements were approved and authorised for issue by the director and authorised for issue on 27 October 2023 and were signed by:



MISS H AGELOU - Director


HELLO WEDDINGS & EVENTS GROUP LTD (REGISTERED NUMBER: 10817261)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023

1. STATUTORY INFORMATION

HELLO WEDDINGS & EVENTS GROUP 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.

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 incurred losses of £12,123 for the year ended 30 June 2023 and is in a net current liability position of £30,805 as at 30 June 2023. The financial statements have been prepared on a going concern basis, on the assumption of the continuing availability of financial support from the director and shareholder. The financial statements do not include any adjustments that would arise from a failure to obtain this financial support.

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:

Computer equipment 25% straight line
Fixtures and fittings 20% straight line

Tax
Current tax represents the amount of tax payable or receivable in respect of the taxable profit (or loss) for the current or past reporting periods. It is measured at the amount expected to be paid or recovered using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax represents the future tax consequences of transactions and events recognised in the financial statements of current and previous periods. It is recognised in respect of all timing differences, with certain exceptions. Timing differences are differences between taxable profits and total comprehensive income as stated in the financial statements that arise from the inclusion of income and expense in tax assessments in periods different from those in which they are recognised in the financial statements. 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.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date that are expected to apply to the reversal of timing differences. Deferred tax on revalued non-depreciable tangible fixed assets and investment properties is measured using the rates and allowances that apply to the sale of the asset.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Debtors and creditors receivable or 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.

HELLO WEDDINGS & EVENTS GROUP LTD (REGISTERED NUMBER: 10817261)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2023

2. ACCOUNTING POLICIES - continued

Impairment
Assets not measured at fair value are reviewed for any indication that the asset may be impaired at each balance sheet date. If such indication exists, the recoverable amount of the asset, or the asset's cash generating unit, is estimated and compared to the carrying amount. Where the carrying amount exceeds its recoverable amount, an impairment loss is recognised in profit or loss unless the asset is carried at a revalued amount where the impairment loss is a revaluation decrease.

Provisions
Provisions are recognised when the company has an obligation at the balance sheet date as a result of a past event, it is probable that an outflow of economic benefits will be required in settlement and the amount can be reliably estimated.

Grants
Government grants received are in revenue in nature and are recognised in the period when they are received.

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 July 2022 - 1,567 1,567
Additions 2,361 2,319 4,680
At 30 June 2023 2,361 3,886 6,247
DEPRECIATION
At 1 July 2022 - 1,256 1,256
Charge for year 472 891 1,363
At 30 June 2023 472 2,147 2,619
NET BOOK VALUE
At 30 June 2023 1,889 1,739 3,628
At 30 June 2022 - 311 311

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 12,066 38,980
Other debtors 20,096 -
VAT 452 443
Prepayments 23,080 18,430
55,694 57,853

HELLO WEDDINGS & EVENTS GROUP LTD (REGISTERED NUMBER: 10817261)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2023

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 4,216 5,984
Trade creditors 1,598 9,945
Tax - 611
Other creditors 10,366 13,773
Directors' current accounts 19,731 14,941
Accruals and deferred income 54,446 35,754
90,357 81,008

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£    £   
Bank loans - 2-5 years 15,838 19,398
Bank loans more 5 yr by instal 2,904 -
18,742 19,398

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 2,904 -

8. CALLED UP SHARE CAPITAL


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

9. RESERVES
Retained
earnings
£   

At 1 July 2022 (18,782 )
Deficit for the year (12,123 )
At 30 June 2023 (30,905 )