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Company Registration No. 12960633 (England and Wales)
Hadham Group Limited Unaudited accounts for the year ended 31 October 2023
Hadham Group Limited Unaudited accounts Contents
Page
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Hadham Group Limited Company Information for the year ended 31 October 2023
Director
M. Nissim
Company Number
12960633 (England and Wales)
Registered Office
SUIT 1-3 THE HOP EXCHANGE 24 SOUTHWARK STREET LONDON SE1 1TY ENGLAND
Accountants
Accounts and Legal Consultants Ltd Suite 1-3 The Hop Exchange 24 Southwark Street London SE1 1TY
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Hadham Group Limited Statement of financial position as at 31 October 2023
2023 
2022 
Notes
£ 
£ 
Called up share capital not paid
90 
- 
Fixed assets
Tangible assets
41,272 
37,997 
Current assets
Debtors
6,584 
6,016 
Cash at bank and in hand
93,280 
62,665 
99,864 
68,681 
Creditors: amounts falling due within one year
(140,878)
(117,058)
Net current liabilities
(41,014)
(48,377)
Total assets less current liabilities
348 
(10,380)
Creditors: amounts falling due after more than one year
(75,827)
(83,134)
Net liabilities
(75,479)
(93,514)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(75,579)
(93,614)
Shareholders' funds
(75,479)
(93,514)
For the year ending 31 October 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 director acknowledges his 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 and authorised for issue on 15 January 2024 and were signed on its behalf by
M. Nissim Director Company Registration No. 12960633
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Hadham Group Limited Notes to the Accounts for the year ended 31 October 2023
1
Statutory information
Hadham Group Limited is a private company, limited by shares, registered in England and Wales, registration number 12960633. The registered office is SUIT 1-3 THE HOP EXCHANGE, 24 SOUTHWARK STREET, LONDON, SE1 1TY, 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
SL 25%
Motor vehicles
RB 20%
Fixtures & fittings
SL 25%
Computer equipment
SL 25%
Going concern
The director considers that it is appropriate to prepare the financial statements on a going concern basis and have confirmed the shareholders will provide financial support to the company until such time as its position improves.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Leased assets
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term. Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
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Hadham Group Limited Notes to the Accounts for the year ended 31 October 2023
4
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 November 2022
2,485 
35,870 
1,554 
4,285 
44,194 
Additions
- 
13,500 
158 
765 
14,423 
At 31 October 2023
2,485 
49,370 
1,712 
5,050 
58,617 
Depreciation
At 1 November 2022
827 
3,252 
444 
1,674 
6,197 
Charge for the year
621 
8,864 
388 
1,275 
11,148 
At 31 October 2023
1,448 
12,116 
832 
2,949 
17,345 
Net book value
At 31 October 2023
1,037 
37,254 
880 
2,101 
41,272 
At 31 October 2022
1,658 
32,618 
1,110 
2,611 
37,997 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
3,781 
3,135 
Accrued income and prepayments
2,803 
2,688 
Other debtors
- 
193 
6,584 
6,016 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
32,963 
24,468 
Obligations under finance leases and hire purchase contracts
7,608 
6,287 
Trade creditors
96,697 
41,327 
Taxes and social security
3,490 
1,171 
Other creditors
- 
296 
Loans from directors
120 
- 
Deferred income
- 
43,509 
140,878 
117,058 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Obligations under finance leases and hire purchase contracts
14,927 
22,534 
Other creditors
60,900 
60,600 
75,827 
83,134 
8
Average number of employees
During the year the average number of employees was 2 (2022: 2).
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