8692986falsethat of provision of hot yoga facilities and related services, all of which is carried out within the United Kingdom.2022-04-012023-03-31http://www.companieshouse.gov.uk/2022-03-31http://www.companieshouse.gov.uk/pt:PlantMachinery2022-03-31http://www.companieshouse.gov.uk/pt:ShareCapital2022-03-31http://www.companieshouse.gov.uk/cd:Director12022-04-012023-03-31http://www.companieshouse.gov.uk/pt:PlantMachinery2023-03-31http://www.companieshouse.gov.uk/pt:ShareCapital2023-03-31http://www.companieshouse.gov.uk/pt:FurnitureFittings2022-03-31http://www.companieshouse.gov.uk/pt:ToolsEquipment2022-03-31http://www.companieshouse.gov.uk/pt:FurnitureFittings2023-03-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12022-04-012023-03-31http://www.companieshouse.gov.uk/pt:ToolsEquipment2023-03-31http://www.companieshouse.gov.uk/cd:RegisteredOffice2022-04-012023-03-31http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2022-04-012023-03-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2023-03-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2022-03-31http://www.companieshouse.gov.uk/2022-04-012023-03-31http://www.companieshouse.gov.uk/2022-03-31http://www.companieshouse.gov.uk/cd:FRS1022022-04-012023-03-31http://www.companieshouse.gov.uk/2023-03-31http://www.companieshouse.gov.uk/cd:FullAccounts2022-04-012023-03-31http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2022-04-012023-03-31iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 8692986

HAPPY SOUL LTD

ACCOUNTS
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
DAVINDER HEYRE
REGISTERED OFFICE
13 WOLVERHAMPTON ROAD
CODSALL
WOLVERHAMPTON
WEST MIDLANDS
WV8 1PT
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 Sheet3
Notes To The Accounts4
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 31/03/2023
20232022
Notes££
FIXED ASSETS
Tangible assets217,25216,720
CURRENT ASSETS
Debtors310,9337,498
Cash at bank and in hand727,587
11,00515,085
CREDITORS: Amounts falling due within one year412,44914,352
NET CURRENT (LIABILITIES) / ASSETS(1,444)733
TOTAL ASSETS LESS CURRENT LIABILITIES15,80817,453
CREDITORS: Amounts falling due after more than one year516,50016,500
PROVISIONS FOR LIABILITIES AND CHARGES7-223
NET (LIABILITIES) / ASSETS(692)730
CAPITAL AND RESERVES
Called up share capital811
Profit and loss account(693)729
SHAREHOLDERS' FUNDS(692)730
For the year ending 31/03/2023 the company was entitled to exemption 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.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 24/11/2023 and signed on their behalf by
.............................
DAVINDER HEYRE
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
Depreciation is provided at rates calculated to write off the cost of fixed assets, less their estimated residual value, over their expected useful lives.
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 Machinerystraight line10%
Fixtures And Fittingsstraight line10%
Equipmentstraight 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 andFixtures
Machineryand FittingsEquipmentTotal
££££
Cost
At 01/04/202213,28726,9551,80842,050
Additions-1,3471,4252,772
Disposals-(1,400)-(1,400)
At 31/03/202313,28726,9023,23343,422
Depreciation
At 01/04/20229,34514,8981,08725,330
Disposals-(1,400)-(1,400)
For the year7001,4001402,240
At 31/03/202310,04514,8981,22726,170
Net Book Amounts
At 31/03/20233,24212,0042,00617,252
At 31/03/20223,94212,05772116,720

HAPPY SOUL LTD

3. DEBTORS 20232022
££
Amounts falling due within one year
Trade debtors10,9217,466
Prepayments1232
10,9337,498
4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20232022
££
UK corporation tax338338
Directors current account7,05210,052
Bank Loan825413
Accruals4,2343,549
12,44914,352
5. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
20232022
££
Barclays Bank UK plc Bounce back loan >1yr16,50016,500
16,50016,500
6. EMPLOYEES
20232022
No.No.
Average number of employees11
Key management personnel is restricted to that of the director.
7. PROVISIONS FOR LIABILITIES 20232022
££
Deferred taxation-223
-223

HAPPY SOUL LTD

8. SHARE CAPITAL 20232022
££
Allotted, issued and fully paid:
1 Ordinary shares of £1 each11
11
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
In the year to 31 March 2023 the wife of the director Mr D Heyre received a dividend of £ nil (2022 - £ nil).
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.