IRIS Accounts Production v23.3.0.418 11174490 Board of Directors 1.4.22 31.3.23 31.3.23 false true false false true false Ordinary 1.00000 Ordinary A 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure111744902022-03-31111744902023-03-31111744902022-04-012023-03-31111744902021-03-31111744902021-04-012022-03-31111744902022-03-3111174490ns16:Wales2022-04-012023-03-3111174490ns15:PoundSterling2022-04-012023-03-3111174490ns11:Director12022-04-012023-03-3111174490ns11:PrivateLimitedCompanyLtd2022-04-012023-03-3111174490ns11:SmallEntities2022-04-012023-03-3111174490ns11:AuditExempt-NoAccountantsReport2022-04-012023-03-3111174490ns11:SmallCompaniesRegimeForDirectorsReport2022-04-012023-03-3111174490ns11:SmallCompaniesRegimeForAccounts2022-04-012023-03-3111174490ns11:FullAccounts2022-04-012023-03-3111174490ns11:OrdinaryShareClass12022-04-012023-03-3111174490ns11:OrdinaryShareClass22022-04-012023-03-3111174490ns11:Director22022-04-012023-03-3111174490ns11:RegisteredOffice2022-04-012023-03-3111174490ns6:CurrentFinancialInstruments2023-03-3111174490ns6:CurrentFinancialInstruments2022-03-3111174490ns6:Non-currentFinancialInstruments2023-03-3111174490ns6:Non-currentFinancialInstruments2022-03-3111174490ns6:ShareCapital2023-03-3111174490ns6:ShareCapital2022-03-3111174490ns6:RetainedEarningsAccumulatedLosses2023-03-3111174490ns6:RetainedEarningsAccumulatedLosses2022-03-3111174490ns6:PlantMachinery2022-04-012023-03-3111174490ns6:LeaseholdImprovements2022-03-3111174490ns6:PlantMachinery2022-03-3111174490ns6:FurnitureFittings2022-03-3111174490ns6:MotorVehicles2022-03-3111174490ns6:LeaseholdImprovements2022-04-012023-03-3111174490ns6:FurnitureFittings2022-04-012023-03-3111174490ns6:MotorVehicles2022-04-012023-03-3111174490ns6:LeaseholdImprovements2023-03-3111174490ns6:PlantMachinery2023-03-3111174490ns6:FurnitureFittings2023-03-3111174490ns6:MotorVehicles2023-03-3111174490ns6:LeaseholdImprovements2022-03-3111174490ns6:PlantMachinery2022-03-3111174490ns6:FurnitureFittings2022-03-3111174490ns6:MotorVehicles2022-03-3111174490ns6:CostValuationns6:UnlistedNon-exchangeTraded2022-03-3111174490ns6:UnlistedNon-exchangeTraded2023-03-3111174490ns6:UnlistedNon-exchangeTraded2022-03-3111174490ns6:WithinOneYearns6:CurrentFinancialInstruments2023-03-3111174490ns6:WithinOneYearns6:CurrentFinancialInstruments2022-03-3111174490ns6:BetweenOneFiveYears2023-03-3111174490ns6:BetweenOneFiveYears2022-03-3111174490ns11:OrdinaryShareClass12023-03-3111174490ns11:OrdinaryShareClass22023-03-31
REGISTERED NUMBER: 11174490 (Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023

FOR

GARETH HIPPSLEY DESIGNS CYF

GARETH HIPPSLEY DESIGNS CYF (REGISTERED NUMBER: 11174490)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


GARETH HIPPSLEY DESIGNS CYF

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2023







DIRECTORS: Mr G J Hippsley
Mrs L M Hippsley





REGISTERED OFFICE: Dol Blodau Heol-Y-Graig
Rhigos
Aberdare
CF44 9YY





REGISTERED NUMBER: 11174490 (Wales)





ACCOUNTANTS: Cole & Co
4 The Sheepcote
Monks Orchard
Lumber Lane, Lugwardine
Hereford
Herefordshire
HR1 4AG

GARETH HIPPSLEY DESIGNS CYF (REGISTERED NUMBER: 11174490)

BALANCE SHEET
31 MARCH 2023

2023 2022
Notes £    £   
FIXED ASSETS
Tangible assets 4 84,865 67,345
Investments 5 1 1
84,866 67,346

CURRENT ASSETS
Debtors 6 119,904 87,860
Cash at bank 549,330 609,520
669,234 697,380
CREDITORS
Amounts falling due within one year 7 (24,002 ) (55,108 )
NET CURRENT ASSETS 645,232 642,272
TOTAL ASSETS LESS CURRENT LIABILITIES 730,098 709,618

CREDITORS
Amounts falling due after more than one
year

8

(36,606

)

(41,733

)

PROVISIONS FOR LIABILITIES (14,569 ) (11,241 )
NET ASSETS 678,923 656,644

CAPITAL AND RESERVES
Called up share capital 10 2 2
Retained earnings 678,921 656,642
SHAREHOLDERS' FUNDS 678,923 656,644

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 directors acknowledge their 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.

GARETH HIPPSLEY DESIGNS CYF (REGISTERED NUMBER: 11174490)

BALANCE SHEET - continued
31 MARCH 2023


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 Board of Directors and authorised for issue on 28 July 2023 and were signed on its behalf by:





Mr G J Hippsley - Director


GARETH HIPPSLEY DESIGNS CYF (REGISTERED NUMBER: 11174490)

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

1. STATUTORY INFORMATION

Gareth Hippsley Design Cyf 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 company's functional and presentational currency in the financial statements is Sterling (£), rounded to the nearest pound.

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

2. ACCOUNTING POLICIES

BASIS OF PREPARING THE FINANCIAL STATEMENTS
These financial statement have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

There were no material departures from Financial Reporting Standard 102 1A.

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 the cost less estimated residual value of each asset over its estimated useful life.
Plant and machinery etc - 33% on cost, 20% on reducing balance and not provided

FINANCIAL INSTRUMENTS
Basic financial instruments are recognised at amortised cost.

TAXATION
Current tax represents the amount expected to be paid or recovered in respect of taxable profits for the year and calculated 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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 3 ) .

GARETH HIPPSLEY DESIGNS CYF (REGISTERED NUMBER: 11174490)

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

4. TANGIBLE FIXED ASSETS
Improvements Fixtures
to Plant and and Motor
property machinery fittings vehicles Totals
£    £    £    £    £   
COST
At 1 April 2022 8,183 57,975 11,383 10,210 87,751
Additions - 38,807 - - 38,807
At 31 March 2023 8,183 96,782 11,383 10,210 126,558
DEPRECIATION
At 1 April 2022 - 13,309 3,421 3,676 20,406
Charge for year - 17,202 2,779 1,306 21,287
At 31 March 2023 - 30,511 6,200 4,982 41,693
NET BOOK VALUE
At 31 March 2023 8,183 66,271 5,183 5,228 84,865
At 31 March 2022 8,183 44,666 7,962 6,534 67,345

5. FIXED ASSET INVESTMENTS
Unlisted
investments
£   
COST
At 1 April 2022
and 31 March 2023 1
NET BOOK VALUE
At 31 March 2023 1
At 31 March 2022 1

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 88,762 74,095
Amounts owed by group undertakings 12,999 12,999
Other debtors 18,143 766
119,904 87,860

GARETH HIPPSLEY DESIGNS CYF (REGISTERED NUMBER: 11174490)

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

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 4,960 4,960
Trade creditors 6,071 3,429
Taxation and social security 10,243 35,673
Other creditors 2,728 11,046
24,002 55,108

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£    £   
Bank loans 36,606 41,733

9. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2023 2022
£    £   
Between one and five years 26,907 -

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
1 Ordinary 1 1 1
1 Ordinary A 1 1 1
2 2