Registered number: 8692986 | ||||||||
FOR THE YEAR ENDED 31/03/2023 | ||||||||
Prepared By: | ||||||||
JAN G GROMADZKI | ||||||||
CHARTERED ACCOUNTANT | ||||||||
13 WOLVERHAMPTON ROAD | ||||||||
CODSALL | ||||||||
WOLVERHAMPTON | ||||||||
WEST MIDLANDS | ||||||||
WV8 1PT |
HAPPY SOUL LTD | ||||||||
ACCOUNTS | ||||||||
FOR THE YEAR ENDED 31/03/2023 | ||||||||
DIRECTORS | ||||||||
REGISTERED OFFICE | ||||||||
WEST MIDLANDS | ||||||||
COMPANY DETAILS | ||||||||
Private company limited by shares registered in EW - England and Wales, registered number 8692986 | ||||||||
BANKERS | ||||||||
LLOYDS BANK PLC | ||||||||
ACCOUNTANTS | ||||||||
JAN G GROMADZKI | ||||||||
CHARTERED ACCOUNTANT | ||||||||
13 WOLVERHAMPTON ROAD | ||||||||
CODSALL | ||||||||
WOLVERHAMPTON | ||||||||
WEST MIDLANDS | ||||||||
WV8 1PT |
HAPPY SOUL LTD | ||||||||
ACCOUNTS | ||||||||
FOR THEYEARENDED31/03/2023 | ||||||||
CONTENTS | ||||||||
Page | ||||||||
Directors' Report | - | |||||||
Accountants' Report | - | |||||||
Statement Of Comprehensive Income | - | |||||||
Balance Sheet | 3 | |||||||
Notes To The Accounts | 4 | |||||||
The following do not form part of the statutory financial statements: | ||||||||
Trading And Profit And Loss Account | - | |||||||
Profit And Loss Account Summaries | - |
HAPPY SOUL LTD | ||||||||
BALANCE SHEET AT | ||||||||||
2023 | 2022 | |||||||||
Notes | £ | £ | ||||||||
FIXED ASSETS | ||||||||||
Tangible assets | 2 | |||||||||
CURRENT ASSETS | ||||||||||
Debtors | 3 | |||||||||
Cash at bank and in hand | ||||||||||
11,005 | 15,085 | |||||||||
CREDITORS: Amounts falling due within one year | 4 | |||||||||
NET CURRENT (LIABILITIES) / ASSETS | ( | 733 | ||||||||
TOTAL ASSETS LESS CURRENT LIABILITIES | ||||||||||
CREDITORS: Amounts falling due after more than one year | 5 | 16,500 | 16,500 | |||||||
PROVISIONS FOR LIABILITIES AND CHARGES | 7 | |||||||||
NET (LIABILITIES) / ASSETS | ( | |||||||||
CAPITAL AND RESERVES | ||||||||||
Called up share capital | 8 | |||||||||
Profit and loss account | (693) | 729 | ||||||||
SHAREHOLDERS' FUNDS | ( | |||||||||
Approved by the board on | ||||||||||
............................. | ||||||||||
Director | ||||||||||
HAPPY SOUL LTD | ||||||||
NOTES TO THE ACCOUNTS | ||||||||||
FOR THE YEAR ENDED 31/03/2023 | ||||||||||
1. ACCOUNTING POLICIES |
1a. Basis Of Accounting | ||||||||
The accounts have been prepared under the historical cost convention. | ||||||||
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 . |
1b. Going Concern | ||||||||
The company is in a net liability position of £ 692 as at 31 March 2023 . However the director has given assurances to the company that he will not draw at least £ 4,000 of thge director's loan account. On this basis the company is considered a going concern and the director is of the opinion that the company will be able to pay it's debts as they fall due for at least twelve months from the date that the balance sheet was signed. |
1c. Depreciation | ||||||||
At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is an indication that any items have suffered impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss, if any. | ||||||||
Plant And Machinery | straight line10% | |||||||
Fixtures And Fittings | straight line10% | |||||||
Equipment | straight line10% |
1d. Basis Of Accounting FRS 1021 a | ||||||||
The accounts have been prepared under the historical cost convention and are stated in United Kingdom Pounds Sterling. | ||||||||
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006. |
2. TANGIBLE FIXED ASSETS | ||||||||
Plant and | Fixtures | |||||||
Machinery | and Fittings | Equipment | Total | |||||
£ | £ | £ | £ | |||||
Cost | ||||||||
At 01/04/2022 | 13,287 | 26,955 | 1,808 | 42,050 | ||||
Additions | - | 1,347 | 1,425 | 2,772 | ||||
Disposals | - | (1,400) | - | (1,400) | ||||
At 31/03/2023 | 13,287 | 26,902 | 3,233 | 43,422 | ||||
Depreciation | ||||||||
At 01/04/2022 | 9,345 | 14,898 | 1,087 | 25,330 | ||||
Disposals | - | (1,400) | - | (1,400) | ||||
For the year | 700 | 1,400 | 140 | 2,240 | ||||
At 31/03/2023 | 10,045 | 14,898 | 1,227 | 26,170 | ||||
Net Book Amounts | ||||||||
At 31/03/2023 | 17,252 | |||||||
At 31/03/2022 | 16,720 | |||||||
HAPPY SOUL LTD | ||||||||
3. DEBTORS | 2023 | 2022 | ||||||
£ | £ | |||||||
Amounts falling due within one year | ||||||||
Trade debtors | 10,921 | 7,466 | ||||||
Prepayments | 12 | 32 | ||||||
10,933 | 7,498 | |||||||
4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||||||
2023 | 2022 | |||||||
£ | £ | |||||||
UK corporation tax | 338 | 338 | ||||||
Directors current account | 7,052 | 10,052 | ||||||
Bank Loan | 825 | 413 | ||||||
Accruals | 4,234 | 3,549 | ||||||
12,449 | 14,352 | |||||||
5. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR | ||||||||
2023 | 2022 | |||||||
£ | £ | |||||||
Barclays Bank UK plc Bounce back loan >1yr | 16,500 | 16,500 | ||||||
16,500 | 16,500 | |||||||
6. EMPLOYEES | ||||||||
2023 | 2022 | |||||||
No. | No. | |||||||
Average number of employees | 1 | |||||||
Key management personnel is restricted to that of the director. | ||||||||
7. PROVISIONS FOR LIABILITIES | 2023 | 2022 | ||||||
£ | £ | |||||||
Deferred taxation | - | 223 | ||||||
- | 223 | |||||||
HAPPY SOUL LTD | ||||||||
8. SHARE CAPITAL | 2023 | 2022 | ||||||
£ | £ | |||||||
Allotted, issued and fully paid: | ||||||||
1 | 1 | |||||||
1 | 1 | |||||||
9. CONTROLLING PARTY | ||||||||
From 24 January 2017 the company became wholly owned by the directors wife Mrs V J Heyre. Prior to that date the company was owned by the director Mr D Heyre. | ||||||||
10. RELATED PARTY TRANSACTIONS | |||||||||||||||||||||||||||||||||||||
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11. NATURE OF OPERATIONS AND PRINCIPAL ACTIVITIES | ||||||||
The company is principally involved in the supply of hot yoga facilities and related services. All of its activities are carried out within the United Kingdom. | ||||||||
12. GENERAL INFORMATION | ||||||||
Happy Soul Ltd is a private company limited by shares and incorporated in England. Its registered office is 13 Wolverhampton Road, Codsall, Wolverhampton, West Midlands, WV8 1PT. | ||||||||
The financial statements are presented in United Kingdom Pounds Sterling, which is the functional currency of the company. | ||||||||