1 April 2022 false No description of principal activity Taxfiler 2023.10 09145332business:PrivateLimitedCompanyLtd2022-04-012023-03-31 091453322022-03-31 091453322022-04-012023-03-31 09145332business:AuditExemptWithAccountantsReport2022-04-012023-03-31 09145332business:FilletedAccounts2022-04-012023-03-31 091453322023-03-31 09145332business:Director12022-04-012023-03-31 091453322022-03-31 09145332core:WithinOneYear2023-03-31 09145332core:WithinOneYear2022-03-31 09145332core:ShareCapitalcore:PreviouslyStatedAmount2023-03-31 09145332core:ShareCapitalcore:PreviouslyStatedAmount2022-03-31 09145332core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-03-31 09145332core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-03-31 09145332core:PreviouslyStatedAmount2023-03-31 09145332core:PreviouslyStatedAmount2022-03-31 09145332business:SmallEntities2022-04-012023-03-31 09145332countries:EnglandWales2022-04-012023-03-31 09145332core:ComputerEquipment2022-04-012023-03-31 09145332core:IntangibleAssetsOtherThanGoodwill2022-03-31 09145332core:IntangibleAssetsOtherThanGoodwill2023-03-31 09145332core:IntangibleAssetsOtherThanGoodwill2022-04-012023-03-31 09145332core:ComputerEquipment2022-03-31 09145332core:ComputerEquipment2023-03-31 091453322021-04-012022-03-31 iso4217:GBP xbrli:pure
Company Registration No. 09145332 (England and Wales)
Hid-in Limited Unaudited accounts for the year ended 31 March 2023
Hid-in Limited Unaudited accounts Contents
Page
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Hid-in Limited Company Information for the year ended 31 March 2023
Director
Katie Isherwood
Company Number
09145332 (England and Wales)
Accountants
Oyster Accounting Limited 202 Dyffryn y Coed Church Village Pontypridd CF38 1QA
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Chartered Certified Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Hid-in Limited for the year ended 31 March 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Hid-in Limited for the year ended 31 March 2023 as set out on pages 5 - 7 from the Company's accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal.com/uk/en/about-us/regulation/rulebook.html
This report is made solely to the Board of Directors of Hid-in Limited, as a body, in accordance with the terms of our engagement letter dated 1 September 2023. Our work has been undertaken solely to prepare for your approval the accounts of Hid-in Limited and state those matters that we have agreed to state to the Board of Directors of Hid-in Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Hid-in Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Hid-in Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Hid-in Limited. You consider that Hid-in Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Hid-in Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Oyster Accounting Limited Chartered Certified Accountants 202 Dyffryn y Coed Church Village Pontypridd CF38 1QA 9 November 2023
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Hid-in Limited Statement of financial position as at 31 March 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Intangible assets
46 
92 
Tangible assets
573 
860 
619 
952 
Current assets
Inventories
16,797 
21,380 
Debtors
- 
3,685 
Cash at bank and in hand
15,072 
27,953 
31,869 
53,018 
Creditors: amounts falling due within one year
(4,164)
(1,217)
Net current assets
27,705 
51,801 
Net assets
28,324 
52,753 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
28,323 
52,752 
Shareholders' funds
28,324 
52,753 
For the year ending 31 March 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 director acknowledges her 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 and authorised for issue on 9 November 2023 and were signed on its behalf by
Katie Isherwood Director Company Registration No. 09145332
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Hid-in Limited Notes to the Accounts for the year ended 31 March 2023
1
Statutory information
Hid-in Limited is a private company, limited by shares, registered in England and Wales, registration number 09145332.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
25% straight line
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Other 
£ 
Cost
At 1 April 2022
4,089 
At 31 March 2023
4,089 
Amortisation
At 1 April 2022
3,997 
Charge for the year
46 
At 31 March 2023
4,043 
Net book value
At 31 March 2023
46 
At 31 March 2022
92 
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Hid-in Limited Notes to the Accounts for the year ended 31 March 2023
5
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 April 2022
3,511 
At 31 March 2023
3,511 
Depreciation
At 1 April 2022
2,651 
Charge for the year
287 
At 31 March 2023
2,938 
Net book value
At 31 March 2023
573 
At 31 March 2022
860 
6
Inventories
2023 
2022 
£ 
£ 
Finished goods
16,797 
21,380 
16,797 
21,380 
7
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Other debtors
- 
3,685 
8
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Taxes and social security
2,792 
4,009 
Loans from directors
292 
(3,872)
Accruals
1,080 
1,080 
4,164 
1,217 
9
Average number of employees
During the year the average number of employees was 1 (2022: 1).
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