HIATT TRADING LTD

Company Registration Number:
11474213 (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

HIATT TRADING LTD

Contents of the Financial Statements

for the Period Ended 31 July 2023

Profit and loss
Balance sheet
Additional notes
Balance sheet notes

HIATT TRADING LTD

Profit And Loss Account

for the Period Ended 31 July 2023

2023 2022


£

£
Turnover: 6,215,447 3,482,733
Cost of sales: ( 4,025,789 ) ( 2,247,594 )
Gross profit(or loss): 2,189,658 1,235,139
Distribution costs: ( 135,887 ) ( 98,430 )
Administrative expenses: ( 398,512 ) ( 202,474 )
Operating profit(or loss): 1,655,259 934,235
Profit(or loss) before tax: 1,655,259 934,235
Tax: ( 314,499 ) ( 189,405 )
Profit(or loss) for the financial year: 1,340,760 744,830

HIATT TRADING LTD

Balance sheet

As at 31 July 2023

Notes 2023 2022


£

£
Fixed assets
Tangible assets: 3 1,066,332 863,655
Total fixed assets: 1,066,332 863,655
Current assets
Stocks: 4 1,359,887 467,834
Debtors: 5 1,421,254 1,098,482
Cash at bank and in hand: 596,214 474,102
Total current assets: 3,377,355 2,040,418
Creditors: amounts falling due within one year: 6 ( 544,723 ) ( 345,869 )
Net current assets (liabilities): 2,832,632 1,694,549
Total assets less current liabilities: 3,898,964 2,558,204
Total net assets (liabilities): 3,898,964 2,558,204
Capital and reserves
Called up share capital: 1 1
Other reserves: 30,000 30,000
Profit and loss account: 3,868,963 2,528,203
Total Shareholders' funds: 3,898,964 2,558,204

The notes form part of these financial statements

HIATT TRADING 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 March 2024
and signed on behalf of the board by:

Name: nigelllewellyndavies@gmail.com
Status: Director

The notes form part of these financial statements

HIATT TRADING 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 Financial Reporting Standard 101

HIATT TRADING LTD

Notes to the Financial Statements

for the Period Ended 31 July 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 20 12

HIATT TRADING 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 602,156 107,031 41,849 58,154 221,246 1,030,436
Additions 95,271 52,544 65,254 75,258 86,254 374,581
Disposals
Revaluations
Transfers
At 31 July 2023 697,427 159,575 107,103 133,412 307,500 1,405,017
Depreciation
At 1 August 2022 37,591 18,820 27,835 82,535 166,781
Charge for year 39,893 26,775 28,361 76,875 171,904
On disposals
Other adjustments
At 31 July 2023 77,484 45,595 56,196 159,410 338,685
Net book value
At 31 July 2023 697,427 82,091 61,508 77,216 148,090 1,066,332
At 31 July 2022 602,156 69,440 23,029 30,319 138,711 863,655

HIATT TRADING LTD

Notes to the Financial Statements

for the Period Ended 31 July 2023

4. Stocks

2023 2022
£ £
Stocks 1,359,887 467,834
Total 1,359,887 467,834

HIATT TRADING LTD

Notes to the Financial Statements

for the Period Ended 31 July 2023

5. Debtors

2023 2022
£ £
Trade debtors 1,421,254 1,098,482
Total 1,421,254 1,098,482

HIATT TRADING LTD

Notes to the Financial Statements

for the Period Ended 31 July 2023

6. Creditors: amounts falling due within one year note

2023 2022
£ £
Trade creditors 230,224 156,464
Taxation and social security 314,499 189,405
Total 544,723 345,869