REGISTERED NUMBER: |
Sophie Harmon Ltd |
Financial Statements |
for the Year Ended 31 July 2023 |
REGISTERED NUMBER: |
Sophie Harmon Ltd |
Financial Statements |
for the Year Ended 31 July 2023 |
Sophie Harmon Ltd (Registered number: 08592188) |
Contents of the Financial Statements |
for the year ended 31 July 2023 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 3 |
Sophie Harmon Ltd |
Company Information |
for the year ended 31 July 2023 |
Director: |
Registered office: |
Registered number: |
Sophie Harmon Ltd (Registered number: 08592188) |
Balance Sheet |
31 July 2023 |
2023 | 2022 |
Notes | £ | £ | £ | £ |
Fixed assets |
Tangible assets | 5 |
Current assets |
Debtors | 6 |
Cash at bank |
Creditors |
Amounts falling due within one year | 7 |
Net current assets |
Total assets less current liabilities |
Capital and reserves |
Called up share capital |
Retained earnings | 8 |
Shareholders' funds |
The director acknowledges her 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. |
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 |
Sophie Harmon Ltd (Registered number: 08592188) |
Notes to the Financial Statements |
for the year ended 31 July 2023 |
1. | Statutory information |
Sophie Harmon Ltd is a |
2. | Statement of compliance |
3. | Accounting policies |
Basis of preparing the financial statements |
Set out below is a summary of the principal accounting policies, all of which have been applied consistently (except as otherwise stated). |
Significant judgements and estimates |
In applying the Company's accounting policies, the director is required to make judgements, estimates and assumptions in determining the carrying amounts of assets and liabilities. The director's judgements, estimates and assumptions are based on the best and most reliable evidence available at the time when the decisions are made, and are based on historical experience and other factors that are considered to be applicable. Due to the inherent subjectivity involved in making such judgements, estimates and assumptions, the actual results and outcomes may differ. |
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised, if the revision affects only that period, or in the period of the revision and future periods, if the revision affects both current and future periods. |
Turnover |
Turnover represents amounts receivable for services. |
Tangible fixed assets |
Fixtures and fittings | - |
Going concern |
These financial statements have been prepared on a going concern basis. |
The director considers that the Company maintains an appropriate level of liquidity, |
sufficient to meet the demands of the business including any capital and servicing obligations and external debt liabilities. |
In addition, the Company's assets are assessed for recoverability on a regular basis, and the director considers that the Company is not exposed to losses on these assets which would affect their decision to adopt the going concern basis. |
The director has a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future and that there are no material uncertainties that lead to significant doubts upon the Company's ability to continue as a going concern. Thus the director has continued to adopt the going concern basis of accounting in preparing these financial statements. |
4. | Employees and directors |
The average number of employees during the year was |
Sophie Harmon Ltd (Registered number: 08592188) |
Notes to the Financial Statements - continued |
for the year ended 31 July 2023 |
5. | Tangible fixed assets |
Fixtures |
and |
fittings |
£ |
Cost |
At 1 August 2022 |
and 31 July 2023 |
Depreciation |
At 1 August 2022 |
Charge for year |
At 31 July 2023 |
Net book value |
At 31 July 2023 |
At 31 July 2022 |
6. | Debtors: amounts falling due within one year |
2023 | 2022 |
£ | £ |
Trade debtors |
7. | Creditors: amounts falling due within one year |
2023 | 2022 |
£ | £ |
Tax |
VAT | 7,636 | 494 |
Directors' current accounts | 130 | 143 |
Accrued expenses |
8. | Reserves |
Retained |
earnings |
£ |
At 1 August 2022 |
Profit for the year |
Dividends | ( |
) |
At 31 July 2023 |
9. | Related party disclosures |
At the balance sheet date the director owed the company £130. (2022: £143). |