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Company Registration No. 05659605 (England and Wales)
HBCSF Limited Unaudited accounts for the year ended 31 December 2023
HBCSF Limited Unaudited accounts Contents
Page
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HBCSF Limited Company Information for the year ended 31 December 2023
Directors
Sandra Ann Hallam Nick Peter Hallam Andrew Francis Hallam
Company Number
05659605 (England and Wales)
Registered Office
19 High Street Newport Isle Of Wight PO30 1SS England
Accountants
Vision Accounting Fortis House Cothey Way Ryde Isle of Wight PO33 1QT
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HBCSF Limited Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,710 
1,850 
Current assets
Inventories
20,000 
28,500 
Debtors
28,956 
13,797 
Cash at bank and in hand
527 
5,694 
49,483 
47,991 
Creditors: amounts falling due within one year
(36,073)
(36,844)
Net current assets
13,410 
11,147 
Total assets less current liabilities
15,120 
12,997 
Creditors: amounts falling due after more than one year
(16,917)
(23,917)
Provisions for liabilities
Deferred tax
(325)
(351)
Net liabilities
(2,122)
(11,271)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(2,222)
(11,371)
Shareholders' funds
(2,122)
(11,271)
For the year ending 31 December 2023 the company was entitled to exemption from audit 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 27 February 2024 and were signed on its behalf by
Andrew Francis Hallam Director Company Registration No. 05659605
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HBCSF Limited Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
HBCSF Limited is a private company, limited by shares, registered in England and Wales, registration number 05659605. The registered office is 19 High Street, Newport, Isle Of Wight, PO30 1SS, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
15% Straight Line
Motor vehicles
20% Straight Line
Fixtures & fittings
15% Straight Line
Computer equipment
15% Straight Line
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 January 2023
40,000 
At 31 December 2023
40,000 
Amortisation
At 1 January 2023
40,000 
At 31 December 2023
40,000 
Net book value
At 31 December 2023
- 
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HBCSF Limited Notes to the Accounts for the year ended 31 December 2023
5
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 January 2023
18,051 
25,932 
2,327 
14,264 
60,574 
Additions
- 
- 
- 
1,794 
1,794 
At 31 December 2023
18,051 
25,932 
2,327 
16,058 
62,368 
Depreciation
At 1 January 2023
18,051 
24,862 
2,327 
13,484 
58,724 
Charge for the year
- 
1,070 
- 
864 
1,934 
At 31 December 2023
18,051 
25,932 
2,327 
14,348 
60,658 
Net book value
At 31 December 2023
- 
- 
- 
1,710 
1,710 
At 31 December 2022
- 
1,070 
- 
780 
1,850 
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
28,956 
13,797 
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
3,711 
4,826 
Trade creditors
26,515 
15,930 
Taxes and social security
364 
2,109 
Other creditors
654 
- 
Loans from directors
3,286 
12,436 
Accruals
1,543 
1,543 
36,073 
36,844 
8
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
16,917 
23,917 
9
Average number of employees
During the year the average number of employees was 4 (2022: 5).
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