Company Registration No. 05194438 (England and Wales)
HAMPERGIFTS.CO.UK LIMITED
Unaudited accounts
for the year ended 31 December 2023
HAMPERGIFTS.CO.UK LIMITED
Unaudited accounts
Contents
HAMPERGIFTS.CO.UK LIMITED
Company Information
for the year ended 31 December 2023
Directors
Alexis Pittas
Andrew Pittas
Michael Pittas
Company Number
05194438 (England and Wales)
Registered Office
Unit 3 Spring Valley Business Centre
Porters Wood
St Albans
Hertfordshire
AL3 6PD
United Kingdom
HAMPERGIFTS.CO.UK LIMITED
Statement of financial position
as at 31 December 2023
Tangible assets
19,568
19,930
Inventories
339,529
292,828
Cash at bank and in hand
679,740
867,136
Creditors: amounts falling due within one year
(308,408)
(353,375)
Net current assets
963,988
963,381
Total assets less current liabilities
984,201
983,311
Provisions for liabilities
Deferred tax
(1,533)
(1,602)
Net assets
982,668
981,709
Called up share capital
250
250
Profit and loss account
982,418
981,459
Shareholders' funds
982,668
981,709
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 2 March 2024 and were signed on its behalf by
Michael Pittas
Director
Company Registration No. 05194438
HAMPERGIFTS.CO.UK LIMITED
Notes to the Accounts
for the year ended 31 December 2023
HAMPERGIFTS.CO.UK LIMITED is a private company, limited by shares, registered in England and Wales, registration number 05194438. The registered office is Unit 3 Spring Valley Business Centre, Porters Wood, St Albans, Hertfordshire, AL3 6PD, United Kingdom.
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.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
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:
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell.
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
HAMPERGIFTS.CO.UK LIMITED
Notes to the Accounts
for the year ended 31 December 2023
Intangible fixed assets comprise a trade mark application.
4
Intangible fixed assets
Other
5
Tangible fixed assets
Land & buildings
Plant & machinery
Total
Cost or valuation
At cost
At cost
At 1 January 2023
11,500
52,924
64,424
At 31 December 2023
11,500
54,580
66,080
At 1 January 2023
-
44,494
44,494
Charge for the year
-
2,018
2,018
At 31 December 2023
-
46,512
46,512
At 31 December 2023
11,500
8,068
19,568
At 31 December 2022
11,500
8,430
19,930
Amounts falling due within one year
Trade debtors
244,217
152,527
HAMPERGIFTS.CO.UK LIMITED
Notes to the Accounts
for the year ended 31 December 2023
7
Creditors: amounts falling due within one year
2023
2022
Trade creditors
114,731
163,971
Taxes and social security
118,658
109,839
Other creditors
3,080
8,368
Loans from directors
71,939
71,197
Allotted, called up and fully paid:
250 Ordinary shares of £1 each
250
250
9
Average number of employees
During the year the average number of employees was 5 (2022: 5).