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REGISTERED NUMBER: 14098437 (England and Wales)
















HG - NY BLINDS AND SHUTTERS LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 10 MAY 2022 TO 31 MAY 2023






HG - NY BLINDS AND SHUTTERS LIMITED (REGISTERED NUMBER: 14098437)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 10 MAY 2022 TO 31 MAY 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


HG - NY BLINDS AND SHUTTERS LIMITED

COMPANY INFORMATION
FOR THE PERIOD 10 MAY 2022 TO 31 MAY 2023







DIRECTOR: Mrs K O'connor





REGISTERED OFFICE: Unit 1 The Workshops
Clint Bank
Burnt Yates
Harrogate
HG3 3DW





REGISTERED NUMBER: 14098437 (England and Wales)





ACCOUNTANTS: UHY BPR Heaton
Chartered Accountants
Glenewes House
Gate Way Drive
Leeds
West Yorkshire
LS19 7XY

HG - NY BLINDS AND SHUTTERS LIMITED (REGISTERED NUMBER: 14098437)

BALANCE SHEET
31 MAY 2023

Notes £    £   
FIXED ASSETS
Tangible assets 4 108,082

CURRENT ASSETS
Stocks 15,689
Debtors 5 91,661
Cash at bank and in hand 8,176
115,526
CREDITORS
Amounts falling due within one year 6 112,754
NET CURRENT ASSETS 2,772
TOTAL ASSETS LESS CURRENT
LIABILITIES

110,854

CREDITORS
Amounts falling due after more than one
year

7

87,082
NET ASSETS 23,772

CAPITAL AND RESERVES
Called up share capital 100
Retained earnings 23,672
23,772

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 May 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 May 2023 in accordance with Section 476 of the Companies Act 2006.

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.

HG - NY BLINDS AND SHUTTERS LIMITED (REGISTERED NUMBER: 14098437)

BALANCE SHEET - continued
31 MAY 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 Board of Directors and authorised for issue on 5 February 2024 and were signed by:





Mrs K O'connor - Director


HG - NY BLINDS AND SHUTTERS LIMITED (REGISTERED NUMBER: 14098437)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 10 MAY 2022 TO 31 MAY 2023

1. STATUTORY INFORMATION

Hg - Ny Blinds And Shutters 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.

The financial statements are presented in sterling which is the functional currency of the company rounded to the nearest pound.

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.
Short leasehold - 10% on cost
Plant and machinery - 10% on reducing balance
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments
Financial assets and financial liabilities are recognised when the company becomes a party to the contractual provisions of the instrument.

Financial assets and liabilities are initially measured at transaction price, except for those financial assets classified as at fair value through profit or loss.

Basic financial instruments
Basic financial instruments are those with relatively straight forward terms and would normally include cash, bank balances, trade debtors, trade creditors and uncomplicated bank loans.

Where the arrangement does not constitute a financing transaction, e.g. trade debtors on normal commercial terms, the debtor will be valued initially at transaction price (i.e.cost) and subsequently at transaction price less impairment (if any) due to concerns over recoverability.

Taxation
Taxation for the period 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.


HG - NY BLINDS AND SHUTTERS LIMITED (REGISTERED NUMBER: 14098437)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 10 MAY 2022 TO 31 MAY 2023

2. ACCOUNTING POLICIES - continued
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 period 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
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 period was 8 .

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
Additions 88,408 29,609 118,017
At 31 May 2023 88,408 29,609 118,017
DEPRECIATION
Charge for period 6,631 3,304 9,935
At 31 May 2023 6,631 3,304 9,935
NET BOOK VALUE
At 31 May 2023 81,777 26,305 108,082

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade debtors 82,423
Other debtors 9,238
91,661

HG - NY BLINDS AND SHUTTERS LIMITED (REGISTERED NUMBER: 14098437)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 10 MAY 2022 TO 31 MAY 2023

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Hire purchase contracts 2,140
Trade creditors 76,370
Taxation and social security 25,484
Other creditors 8,760
112,754

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
£   
Hire purchase contracts 6,062
Other creditors 81,020
87,082

8. SECURED DEBTS

The following secured debts are included within creditors:

£   
Hire purchase contracts 8,202