Company Registration No. 11602781 (England and Wales)
Hims & Hers UK Limited
Unaudited accounts
for the year ended 31 December 2022
Hims & Hers UK Limited
Unaudited accounts
Contents
Hims & Hers UK Limited
Company Information
for the year ended 31 December 2022
Directors
Andrew Dudum
Soleil Boughton
Melissa Baird
Company Number
11602781 (England and Wales)
Registered Office
107 KIRKGATE
LEEDS
LS1 6DP
ENGLAND
Accountants
Sleek Accounting Ltd
107 Kirkgate
Leeds
West Yorkshire
LS1 6DP
Hims & Hers UK Limited
Statement of financial position
as at 31 December 2022
Cash at bank and in hand
487,513
130,020
Creditors: amounts falling due within one year
(3,706,942)
(524,422)
Net current liabilities
(2,815,209)
(332,103)
Net liabilities
(2,815,209)
(332,103)
Called up share capital
258
108
Share premium
261,862
29,992
Profit and loss account
(3,077,329)
(362,203)
Shareholders' funds
(2,815,209)
(332,103)
For the year ending 31 December 2022 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 directors acknowledge their 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 of Directors and authorised for issue on 16 November 2023 and were signed on its behalf by
Andrew Dudum
Director
Company Registration No. 11602781
Hims & Hers UK Limited
Notes to the Accounts
for the year ended 31 December 2022
Hims & Hers UK Limited is a private company, limited by shares, registered in England and Wales, registration number 11602781. The registered office is 107 KIRKGATE, LEEDS, LS1 6DP, ENGLAND.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Expenditure on research and development is written off in the year in which it is incurred.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Amounts falling due within one year
Accrued income and prepayments
24,875
-
Other debtors
146,293
26,548
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Creditors: amounts falling due within one year
2022
2021
Trade creditors
785,089
263,340
Amounts owed to group undertakings and other participating interests
2,799,850
231,870
Taxes and social security
25,483
14,066
Other creditors
96,520
15,146
Hims & Hers UK Limited
Notes to the Accounts
for the year ended 31 December 2022
Allotted, called up and fully paid:
2,580,000 Ordinary shares of £0.0001 each
258
108
Shares issued during the period:
1,500,000 Ordinary shares of £0.0001 each
150
Hims & Hers UK Limited is a wholly owned subsidiary of Hims, Inc, a company registered in the United States.
8
Average number of employees
During the year the average number of employees was 4 (2021: 3).