HAILS CAPITAL LTD

Company Registration Number:
12764199 (England and Wales)

Unaudited statutory accounts for the year ended 31 July 2023

Period of accounts

Start date: 1 August 2022

End date: 31 July 2023

HAILS CAPITAL LTD

Contents of the Financial Statements

for the Period Ended 31 July 2023

Profit and loss
Balance sheet
Additional notes
Balance sheet notes

HAILS CAPITAL LTD

Profit And Loss Account

for the Period Ended 31 July 2023

2023 2022


£

£
Turnover: 30,500 111
Cost of sales: ( 19,995 ) ( 111 )
Gross profit(or loss): 10,505 0
Operating profit(or loss): 10,505 0
Profit(or loss) before tax: 10,505 0
Tax: ( 1,789 ) 0
Profit(or loss) for the financial year: 8,716 0

HAILS CAPITAL LTD

Balance sheet

As at 31 July 2023

Notes 2023 2022


£

£
Called up share capital not paid: 0 300
Fixed assets
Tangible assets: 3 42,140 0
Total fixed assets: 42,140 0
Current assets
Stocks: 4 1,133 0
Debtors: 5 6,902
Cash at bank and in hand: 1,015 0
Total current assets: 9,050 0
Creditors: amounts falling due within one year: 6 ( 149 )
Net current assets (liabilities): 8,901 0
Total assets less current liabilities: 51,041 300
Total net assets (liabilities): 51,041 300
Capital and reserves
Called up share capital: 42,115 300
Other reserves: 546
Profit and loss account: 8,380
Total Shareholders' funds: 51,041 300

The notes form part of these financial statements

HAILS CAPITAL LTD

Balance sheet statements

For the year ending 31 July 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.

This report was approved by the board of directors on 5 December 2023
and signed on behalf of the board by:

Name: Charles Cook
Status: Director

The notes form part of these financial statements

HAILS CAPITAL LTD

Notes to the Financial Statements

for the Period Ended 31 July 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

HAILS CAPITAL LTD

Notes to the Financial Statements

for the Period Ended 31 July 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 1 1

HAILS CAPITAL LTD

Notes to the Financial Statements

for the Period Ended 31 July 2023

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 August 2022 0 0
Additions 42,493 42,493
Disposals
Revaluations
Transfers
At 31 July 2023 42,493 42,493
Depreciation
At 1 August 2022 0 0
Charge for year 353 353
On disposals
Other adjustments
At 31 July 2023 353 353
Net book value
At 31 July 2023 42,140 42,140
At 31 July 2022 0 0

HAILS CAPITAL LTD

Notes to the Financial Statements

for the Period Ended 31 July 2023

4. Stocks

2023 2022
£ £
Stocks 1,133 0
Total 1,133 0

HAILS CAPITAL LTD

Notes to the Financial Statements

for the Period Ended 31 July 2023

5. Debtors

2023 2022
£ £
Trade debtors 6,902
Total 6,902

HAILS CAPITAL LTD

Notes to the Financial Statements

for the Period Ended 31 July 2023

6. Creditors: amounts falling due within one year note

2023
£
Taxation and social security 149
Total 149