1 31/07/2023 2023-07-31 true false false false false false false false false false true false false true false false false false false true false No description of principal activities is disclosed 2022-08-01 Sage Accounts Production 21.0 - FRS102_2021 xbrli:pure xbrli:shares iso4217:GBP 12711655 2022-08-01 2023-07-31 12711655 2023-07-31 12711655 2021-08-01 2022-07-31 12711655 2022-07-31 12711655 bus:Director1 2022-08-01 2023-07-31 12711655 core:WithinOneYear 2023-07-31 12711655 core:WithinOneYear 2022-07-31 12711655 core:ShareCapital 2023-07-31 12711655 core:ShareCapital 2022-07-31 12711655 core:RetainedEarningsAccumulatedLosses 2023-07-31 12711655 core:RetainedEarningsAccumulatedLosses 2022-07-31 12711655 bus:Director1 2023-07-31 12711655 bus:SmallEntities 2022-08-01 2023-07-31 12711655 bus:AuditExempt-NoAccountantsReport 2022-08-01 2023-07-31 12711655 bus:FullAccounts 2022-08-01 2023-07-31 12711655 bus:SmallCompaniesRegimeForAccounts 2022-08-01 2023-07-31 12711655 bus:PrivateLimitedCompanyLtd 2022-08-01 2023-07-31 12711655 1 2022-08-01 2023-07-31
HIGH END HOARDING LTD
Unaudited filleted financial statements
31 July 2023
Company registration number 12711655
HIGH END HOARDING LTD
Contents
Statement of financial position
Notes to the financial statements
HIGH END HOARDING LTD
Statement of financial position
31 July 2023
2023 2022
Note £ £ £ £
Current assets
Debtors 5 26,577 5,000
Cash at bank and in hand 2,125 655
_______ _______
28,702 5,655
Creditors: amounts falling due
within one year 6 ( 11,894) ( 3,136)
_______ _______
Net current assets 16,808 2,519
_______ _______
Total assets less current liabilities 16,808 2,519
_______ _______
Net assets 16,808 2,519
_______ _______
Capital and reserves
Called up share capital 2 2
Profit and loss account 16,806 2,517
_______ _______
Shareholder funds 16,808 2,519
_______ _______
For the year ending 31 July 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
- The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
- The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
These financial statements were approved by the board of directors and authorised for issue on 15 February 2024 , and are signed on behalf of the board by:
A G Garay
Director
Company registration number: 12711655
HIGH END HOARDING LTD
Notes to the financial statements
Year ended 31 July 2023
1. General information
The company is a private company limited by shares, registered in England & Wales. The address of the registered office is 122 Loose Road, Maidstone, Kent, ME15 7UB.
2. Statement of compliance
These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Going concern
These accounts have been prepared on the going concern basis.
Turnover
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.
Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
When the outcome of a transaction involving the rendering of services can be reliably estimated, revenue from the rendering of services is measured by reference to the stage of completion of the service transaction at the end of the reporting period.
When the outcome of a transaction involving the rendering of services cannot be reliably estimated, revenue is recognised only to the extent that it is probable the expenses recognised will be recovered.
Taxation
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
Financial instruments
The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties and loans to related parties.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 1 (2022: 1 ).
5. Debtors
2023 2022
£ £
Trade debtors 166 -
Other debtors 26,411 5,000
_______ _______
26,577 5,000
_______ _______
6. Creditors: amounts falling due within one year
2023 2022
£ £
Corporation tax 10,275 3,136
Other creditors 1,619 -
_______ _______
11,894 3,136
_______ _______
7. Directors advances, credits and guarantees
During the year the director entered into the following advances and credits with the company:
2023
Balance brought forward Advances /(credits) to the director Balance o/standing
£ £ £
A G Garay - ( 619) ( 619)
_______ _______ _______
2022
Balance brought forward Advances /(credits) to the director Balance o/standing
£ £ £
A G Garay - - -
_______ _______ _______
8. Controlling party
The company is controlled by Mr A G Garay , sole director and shareholder.