Hucking Fell Limited 14111887 false 2022-05-17 2023-05-31 2023-05-31 The principal activity of the company is retail sale of clothing Digita Accounts Production Advanced 6.30.9574.0 true true 14111887 2022-05-17 2023-05-31 14111887 2023-05-31 14111887 bus:OrdinaryShareClass1 2023-05-31 14111887 core:CurrentFinancialInstruments core:WithinOneYear 2023-05-31 14111887 bus:SmallEntities 2022-05-17 2023-05-31 14111887 bus:AuditExemptWithAccountantsReport 2022-05-17 2023-05-31 14111887 bus:FullAccounts 2022-05-17 2023-05-31 14111887 bus:SmallCompaniesRegimeForAccounts 2022-05-17 2023-05-31 14111887 bus:RegisteredOffice 2022-05-17 2023-05-31 14111887 bus:CompanySecretaryDirector1 2022-05-17 2023-05-31 14111887 bus:Director1 2022-05-17 2023-05-31 14111887 bus:OrdinaryShareClass1 2022-05-17 2023-05-31 14111887 bus:PrivateLimitedCompanyLtd 2022-05-17 2023-05-31 14111887 core:Goodwill 2022-05-17 2023-05-31 14111887 countries:EnglandWales 2022-05-17 2023-05-31 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 14111887

Hucking Fell Limited

Unaudited Filleted Financial Statements

for the Period from 17 May 2022 to 31 May 2023

 

Hucking Fell Limited

Contents

Company Information

1

Balance Sheet

2

Notes to the Unaudited Financial Statements

3 to 5

 

Hucking Fell Limited

Company Information

Directors

Mr N J Huff

Ms L J Huff

Company secretary

Ms L J Huff

Registered office

Edinburgh House
1-5 Bellevue Road
Clevedon
North Somerset
BS21 7NP

Accountants

Newsham Hanson Accountants Limited
Accountants and Business Advisors
Edinburgh House
1-5 Bellevue Road
Clevedon
North Somerset
BS21 7NP

 

Hucking Fell Limited

(Registration number: 14111887)
Balance Sheet as at 31 May 2023

Note

2023
£

Current assets

 

Stocks

4

2,044

Cash at bank and in hand

 

79

 

2,123

Creditors: Amounts falling due within one year

5

(8,415)

Net liabilities

 

(6,292)

Capital and reserves

 

Called up share capital

6

100

Retained earnings

(6,392)

Shareholders' deficit

 

(6,292)

For the financial period ending 31 May 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 7 February 2024 and signed on its behalf by:
 

.........................................
Ms L J Huff
Company secretary and director

 

Hucking Fell Limited

Notes to the Unaudited Financial Statements for the Period from 17 May 2022 to 31 May 2023

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Edinburgh House
1-5 Bellevue Road
Clevedon
North Somerset
BS21 7NP

These financial statements were authorised for issue by the Board on 7 February 2024.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Goodwill

Goodwill arising on the acquisition of an entity represents the excess of the cost of acquisition over the company’s interest in the net fair value of the identifiable assets, liabilities and contingent liabilities of the entity recognised at the date of acquisition. Goodwill is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is held in the currency of the acquired entity and revalued to the closing rate at each reporting period date. Goodwill is amortised over its useful life, which shall not exceed ten years if a reliable estimate of the useful life cannot be made.

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

 

Hucking Fell Limited

Notes to the Unaudited Financial Statements for the Period from 17 May 2022 to 31 May 2023

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Staff numbers

The average number of persons employed by the company (including directors) during the period, was 2.

4

Stocks

2023
£

Other inventories

2,044

5

Creditors

Creditors: amounts falling due within one year

Note

2023
£

Due within one year

 

Amounts owed to related parties

7,781

Other creditors

 

634

 

8,415

 

Hucking Fell Limited

Notes to the Unaudited Financial Statements for the Period from 17 May 2022 to 31 May 2023

6

Share capital

Allotted, called up and fully paid shares

 

2023

 

No.

£

Ordinary share of £1 each

100

100

     

7

Control

The company is controlled by the director Ms L J Huff who owns 100% of the called up share capital.