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REGISTERED NUMBER: 08270352 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2023

for

John C Hinson Limited

John C Hinson Limited (Registered number: 08270352)






Contents of the Financial Statements
for the Year Ended 31 March 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


John C Hinson Limited

Company Information
for the Year Ended 31 March 2023







DIRECTOR: Mr J C Hinson





REGISTERED OFFICE: 1 Pinnacle Way
Pride Park
Derby
Derbyshire
DE24 8ZS





REGISTERED NUMBER: 08270352 (England and Wales)





ACCOUNTANTS: Franklins
1 Pinnacle Way
Pride Park
Derby
Derbyshire
DE24 8ZS

John C Hinson Limited (Registered number: 08270352)

Balance Sheet
31 March 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 - 207
- 207

CURRENT ASSETS
Debtors 6 63,882 18,262
Cash at bank 638,967 672,275
702,849 690,537
CREDITORS
Amounts falling due within one year 7 90,777 143,970
NET CURRENT ASSETS 612,072 546,567
TOTAL ASSETS LESS CURRENT
LIABILITIES

612,072

546,774

CAPITAL AND RESERVES
Called up share capital 8 100 1
Retained earnings 611,972 546,773
612,072 546,774

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 6 November 2023 and were signed by:



Mr J C Hinson - Director


John C Hinson Limited (Registered number: 08270352)

Notes to the Financial Statements
for the Year Ended 31 March 2023

1. STATUTORY INFORMATION

John C Hinson 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.

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 represents net invoiced sales of services, excluding Value Added Tax.

Goodwill
Purchased goodwill is amortised at rates calculated to write off the assets on a straight line basis over their estimated useful economic lives as follows:

Goodwill - ten years

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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.
Computer equipment - 20% on cost

3. EMPLOYEES AND DIRECTORS

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

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2022
and 31 March 2023 250,046
AMORTISATION
At 1 April 2022
and 31 March 2023 250,046
NET BOOK VALUE
At 31 March 2023 -
At 31 March 2022 -

Goodwill arose on the purchase of the company's share in partnership

John C Hinson Limited (Registered number: 08270352)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

5. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 April 2022
and 31 March 2023 1,027
DEPRECIATION
At 1 April 2022 820
Charge for year 207
At 31 March 2023 1,027
NET BOOK VALUE
At 31 March 2023 -
At 31 March 2022 207

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 60,641 6,964
VAT 3,241 11,298
63,882 18,262

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 8,232 -
Tax 22,467 66,431
Other creditors 58,978 76,544
Accruals and deferred income 1,100 995
90,777 143,970

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid
Number: Class: Nominal 2023 2022
value: £ £
100 Ordinary shares £1 - 100
60 Ordinary A £1 60 -
20 Ordinary B £1 20 -
20 Ordinary C £1 20 -

100 100