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REGISTERED NUMBER: 11216953 (England and Wales)















HD3 REMOVALS AND STORAGE LTD

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2023






HD3 REMOVALS AND STORAGE LTD (REGISTERED NUMBER: 11216953)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4

Report of the Accountants 8

HD3 REMOVALS AND STORAGE LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 28 FEBRUARY 2023







DIRECTOR: B T Taylor





SECRETARY:





REGISTERED OFFICE: Whitby Court
Abbey Road
Shepley
HUDDERSFIELD
West Yorkshire
HD8 8EL





REGISTERED NUMBER: 11216953 (England and Wales)





ACCOUNTANTS: FINLAYSON & CO
Whitby Court
Abbey Road
Shepley
HUDDERSFIELD
West Yorkshire
HD8 8EL

HD3 REMOVALS AND STORAGE LTD (REGISTERED NUMBER: 11216953)

STATEMENT OF FINANCIAL POSITION
28 FEBRUARY 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Property, plant and equipment 4 45,262 26,661

CURRENT ASSETS
Debtors 5 16,016 19,432
Cash at bank 12,758 8,573
28,774 28,005
CREDITORS
Amounts falling due within one year 6 22,221 11,418
NET CURRENT ASSETS 6,553 16,587
TOTAL ASSETS LESS CURRENT
LIABILITIES

51,815

43,248

CREDITORS
Amounts falling due after more than one year 7 50,090 26,691
NET ASSETS 1,725 16,557

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 1,625 16,457
SHAREHOLDERS' FUNDS 1,725 16,557

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 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.

HD3 REMOVALS AND STORAGE LTD (REGISTERED NUMBER: 11216953)

STATEMENT OF FINANCIAL POSITION - continued
28 FEBRUARY 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 director and authorised for issue on 9 November 2023 and were signed by:





B T Taylor - Director


HD3 REMOVALS AND STORAGE LTD (REGISTERED NUMBER: 11216953)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023

1. STATUTORY INFORMATION

HD3 Removals and Storage Ltd 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.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

Turnover
Revenue 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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Motor Vehicles - 25% on cost
Computer Equipment - 33% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

HD3 REMOVALS AND STORAGE LTD (REGISTERED NUMBER: 11216953)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28 FEBRUARY 2023

2. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to the profit and loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2022 - 8 ) .

4. PROPERTY, PLANT AND EQUIPMENT
Motor Computer
Vehicles Equipment Totals
£    £    £   
COST
At 1 March 2022 34,980 1,231 36,211
Additions 41,050 491 41,541
Disposals (14,995 ) - (14,995 )
At 28 February 2023 61,035 1,722 62,757
DEPRECIATION
At 1 March 2022 8,822 728 9,550
Charge for year 7,562 383 7,945
At 28 February 2023 16,384 1,111 17,495
NET BOOK VALUE
At 28 February 2023 44,651 611 45,262
At 28 February 2022 26,158 503 26,661

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
Vehicles
£   
COST
Additions 41,050
Reclassification/transfer 10,240
At 28 February 2023 51,290
DEPRECIATION
Charge for year 5,126
Reclassification/transfer 1,920
At 28 February 2023 7,046
NET BOOK VALUE
At 28 February 2023 44,244

HD3 REMOVALS AND STORAGE LTD (REGISTERED NUMBER: 11216953)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28 FEBRUARY 2023

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 2,274 1,548
Other debtors 13,742 17,884
16,016 19,432

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 2,800 2,800
Hire purchase contracts 8,294 6,746
Taxation and social security 9,790 (89 )
Other creditors 1,337 1,961
22,221 11,418

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans 6,298 9,098
Hire purchase contracts 43,792 17,593
50,090 26,691

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
100 Ordinary £1 100 100

9. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 28 February 2023 and 28 February 2022:

2023 2022
£    £   
B T Taylor
Balance outstanding at start of year 8,218 3,710
Amounts advanced 46,704 35,453
Amounts repaid (45,180 ) (30,945 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 9,742 8,218

HD3 REMOVALS AND STORAGE LTD (REGISTERED NUMBER: 11216953)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28 FEBRUARY 2023

10. RELATED PARTY DISCLOSURES

During the year the company loaned £5,045 (2022: -£59,800) to HD3 Storage (Northern) Ltd, a company controlled by B Taylor a shareholder. At the year end £4,000 (2021: -£1,045) was outstanding.

HD3 REMOVALS AND STORAGE LTD

REPORT OF THE ACCOUNTANTS TO THE DIRECTOR OF
HD3 REMOVALS AND STORAGE LTD

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

As described on the Statement of Financial Position you are responsible for the preparation of the financial statements for the year ended 28 February 2023 set out on pages three to eleven and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






FINLAYSON & CO
Whitby Court
Abbey Road
Shepley
HUDDERSFIELD
West Yorkshire
HD8 8EL


9 November 2023