Company Registration No. 05659605 (England and Wales)
HBCSF Limited
Unaudited accounts
for the year ended 31 December 2023
HBCSF Limited
Unaudited accounts
Contents
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
HBCSF Limited
Statement of financial position
as at 31 December 2023
Tangible assets
1,710
1,850
Cash at bank and in hand
527
5,694
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
Net liabilities
(2,122)
(11,271)
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
HBCSF Limited
Notes to the Accounts
for the year ended 31 December 2023
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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 (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill
At 31 December 2023
40,000
At 31 December 2023
40,000
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
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
At 31 December 2023
-
-
-
1,710
1,710
At 31 December 2022
-
1,070
-
780
1,850
Amounts falling due within one year
Trade debtors
28,956
13,797
7
Creditors: amounts falling due within one year
2023
2022
Trade creditors
26,515
15,930
Taxes and social security
364
2,109
Loans from directors
3,286
12,436
8
Creditors: amounts falling due after more than one year
2023
2022
9
Average number of employees
During the year the average number of employees was 4 (2022: 5).