IRIS Accounts Production v23.3.1.45 10634461 Board of Directors 1.4.22 31.3.23 31.3.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure106344612022-03-31106344612023-03-31106344612022-04-012023-03-31106344612021-03-31106344612021-04-012022-03-31106344612022-03-3110634461ns16:EnglandWales2022-04-012023-03-3110634461ns15:PoundSterling2022-04-012023-03-3110634461ns11:Director12022-04-012023-03-3110634461ns11:PrivateLimitedCompanyLtd2022-04-012023-03-3110634461ns11:SmallEntities2022-04-012023-03-3110634461ns11:AuditExempt-NoAccountantsReport2022-04-012023-03-3110634461ns11:SmallCompaniesRegimeForDirectorsReport2022-04-012023-03-3110634461ns11:SmallCompaniesRegimeForAccounts2022-04-012023-03-3110634461ns11:FullAccounts2022-04-012023-03-3110634461ns11:Director22022-04-012023-03-3110634461ns11:RegisteredOffice2022-04-012023-03-3110634461ns6:CurrentFinancialInstruments2023-03-3110634461ns6:CurrentFinancialInstruments2022-03-3110634461ns6:ShareCapital2023-03-3110634461ns6:ShareCapital2022-03-3110634461ns6:SharePremium2023-03-3110634461ns6:SharePremium2022-03-3110634461ns6:RetainedEarningsAccumulatedLosses2023-03-3110634461ns6:RetainedEarningsAccumulatedLosses2022-03-3110634461ns6:PlantMachinery2022-04-012023-03-3110634461ns6:PlantMachinery2022-03-3110634461ns6:PlantMachinery2023-03-3110634461ns6:PlantMachinery2022-03-3110634461ns6:WithinOneYearns6:CurrentFinancialInstruments2023-03-3110634461ns6:WithinOneYearns6:CurrentFinancialInstruments2022-03-3110634461ns6:CurrentFinancialInstruments2022-04-012023-03-3110634461ns6:RetainedEarningsAccumulatedLosses2022-03-3110634461ns6:SharePremium2022-03-3110634461ns6:RetainedEarningsAccumulatedLosses2022-04-012023-03-31
REGISTERED NUMBER: 10634461 (England and Wales)










UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2023

FOR

HELLO NEIGHBOUR LIMITED

HELLO NEIGHBOUR LIMITED (REGISTERED NUMBER: 10634461)






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


HELLO NEIGHBOUR LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2023







DIRECTORS: R N Jenkins
M E Jenkins





REGISTERED OFFICE: 46-50 Coombe Road
New Malden
KT3 4QF





REGISTERED NUMBER: 10634461 (England and Wales)





ACCOUNTANTS: Collards
Chartered Accountants
5-9 Eden Street
Kingston-upon-Thames
Surrey
KT1 1BQ

HELLO NEIGHBOUR LIMITED (REGISTERED NUMBER: 10634461)

BALANCE SHEET
31 MARCH 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 12,172 4,311

CURRENT ASSETS
Debtors 5 302,780 83,726
Cash at bank 268,775 1,266,236
571,555 1,349,962
CREDITORS
Amounts falling due within one year 6 1,136,079 161,835
NET CURRENT (LIABILITIES)/ASSETS (564,524 ) 1,188,127
TOTAL ASSETS LESS CURRENT
LIABILITIES

(552,352

)

1,192,438

CAPITAL AND RESERVES
Called up share capital 7 6
Share premium 7 2,360,698 1,965,698
Retained earnings 7 (2,913,057 ) (773,266 )
SHAREHOLDERS' FUNDS (552,352 ) 1,192,438

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 directors acknowledge their 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 23 June 2023 and were signed on its behalf by:





R N Jenkins - Director


HELLO NEIGHBOUR LIMITED (REGISTERED NUMBER: 10634461)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

1. STATUTORY INFORMATION

Hello Neighbour 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 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.
Plant and machinery etc - Straight line over 3 years

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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

Research and development
Expenditure on research and development is written off in the year in which it is incurred.


Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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 profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 25 (2022 - 10 ) .

HELLO NEIGHBOUR LIMITED (REGISTERED NUMBER: 10634461)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2022 4,856
Additions 11,908
At 31 March 2023 16,764
DEPRECIATION
At 1 April 2022 545
Charge for year 4,047
At 31 March 2023 4,592
NET BOOK VALUE
At 31 March 2023 12,172
At 31 March 2022 4,311

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 36,362 17,706
Other debtors 9,301 7,859
Tax 167,446 34,894
VAT 67,376 6,913
Prepayments 22,295 16,354
302,780 83,726

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 411,601 112,062
Social security and other taxes 130,580 448
Other creditors 565,774 15,859
Accrued expenses 28,124 33,466
1,136,079 161,835

Included in other creditors is a liability of £510,500 (2022: £500) on which the company converted to ordinary shares in the current year.

7. RESERVES
Retained Share
earnings premium Totals
£    £    £   

At 1 April 2022 (773,266 ) 1,965,698 1,192,432
Deficit for the year (2,139,791 ) (2,139,791 )
Cash share issue - 395,000 395,000
At 31 March 2023 (2,913,057 ) 2,360,698 (552,359 )