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REGISTERED NUMBER: 08469845 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2023

FOR

THE HIT TEAM LIMITED

THE HIT TEAM LIMITED (REGISTERED NUMBER: 08469845)

CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 March 2023










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


THE HIT TEAM LIMITED

COMPANY INFORMATION
for the Year Ended 31 March 2023







DIRECTOR: RA Kotlarz





REGISTERED OFFICE: 2 Park Court
Pyrford Road
West Byfleet
Surrey
KT14 6SD





REGISTERED NUMBER: 08469845 (England and Wales)





ACCOUNTANTS: Pesters
2 Park Court
Pyrford Road
West Byfleet
Surrey
KT14 6SD

THE HIT TEAM LIMITED (REGISTERED NUMBER: 08469845)

STATEMENT OF FINANCIAL POSITION
31 March 2023

31.3.23 31.3.22
Notes £    £   
CURRENT ASSETS
Debtors 5 35,068 95,000
Cash at bank 86,738 146,889
121,806 241,889
CREDITORS
Amounts falling due within one year 6 23,828 68,441
NET CURRENT ASSETS 97,978 173,448
TOTAL ASSETS LESS CURRENT
LIABILITIES

97,978

173,448

CREDITORS
Amounts falling due after more than one
year

7

-

22,398
NET ASSETS 97,978 151,050

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 97,976 151,048
SHAREHOLDERS' FUNDS 97,978 151,050

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 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 27 June 2023 and were signed by:





RA Kotlarz - Director


THE HIT TEAM LIMITED (REGISTERED NUMBER: 08469845)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 March 2023


1. STATUTORY INFORMATION

The Hit Team Limited 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.

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
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 33% on cost

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 April 2022
and 31 March 2023 2,496
DEPRECIATION
At 1 April 2022
and 31 March 2023 2,496
NET BOOK VALUE
At 31 March 2023 -
At 31 March 2022 -

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Other debtors 35,068 95,000

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Trade creditors 114 114
Taxation and social security (7,132 ) 16,242
Other creditors 30,846 52,085
23,828 68,441

THE HIT TEAM LIMITED (REGISTERED NUMBER: 08469845)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 March 2023


7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.3.23 31.3.22
£    £   
Taxation and social security - 22,398

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

At the year end the company owed the Director the sum of £7,498 (2022 - £13,317). This loan is interest free and repayable on demand.

9. RELATED PARTY DISCLOSURES

As at 31 March 2023 the Company had an outstanding loan of £35,000 (2022 - £95,000) to Digital Identity Net U.K. Limited, a company in which a director is a shareholder. The loan is due for repayment by 24 January 2025 and interest is payable at 2% above Barclays base rate.