Registered number
10512223
Hello 2Morrow Limited
Unaudited Filleted Accounts
31 December 2023
Hello 2Morrow Limited
Registered number: 10512223
Balance Sheet
as at 31 December 2023
Notes 2023 2022
£ £
Fixed assets
Tangible assets 3 1,174 1,203
Current assets
Debtors 4 4,277 6,527
Cash at bank and in hand 75,275 99,276
79,552 105,803
Creditors: amounts falling due within one year 5 (41,564) (38,414)
Net current assets 37,988 67,389
Total assets less current liabilities 39,162 68,592
Creditors: amounts falling due after more than one year 6 (16,069) (18,673)
Net assets 23,093 49,919
Capital and reserves
Called up share capital 100 100
Profit and loss account 22,993 49,819
Shareholder's funds 23,093 49,919
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
C Walton
C Walton
Director
Approved by the board on 26 March 2024
Hello 2Morrow Limited
Notes to the Accounts
for the year ended 31 December 2023
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Plant and machinery over 4 years
Fixtures, fittings, tools and equipment over 5 years
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Pensions
Contributions to defined contribution plans are expensed in the period to which they relate.
2 Employees 2023 2022
Number Number
Average number of persons employed by the company 1 1
3 Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 January 2023 7,179
Additions 716
At 31 December 2023 7,895
Depreciation
At 1 January 2023 5,976
Charge for the year 745
At 31 December 2023 6,721
Net book value
At 31 December 2023 1,174
At 31 December 2022 1,203
4 Debtors 2023 2022
£ £
Trade debtors 4,277 6,527
5 Creditors: amounts falling due within one year 2023 2022
£ £
Bank loans and overdrafts 2,540 2,540
Trade creditors 5,889 636
Taxation and social security costs 32,989 34,150
Other creditors 146 1,088
41,564 38,414
6 Creditors: amounts falling due after one year 2023 2022
£ £
Bank loans 16,069 18,673
7 Loans 2023 2022
£ £
Creditors include:
Instalments falling due for payment after more than five years 10,395 10,395
8 Other information
Hello 2Morrow Limited is a private company limited by shares and incorporated in England. Its registered office is:
291 Richmond Road
Kingston Upon Thames
Surrey
KT2 5DJ
9 Controlling party
The company is controlled by C Walton.
Hello 2Morrow Limited 10512223 false 2023-01-01 2023-12-31 2023-12-31 VT Final Accounts October 2023 release 2 C Walton No description of principal activity 10512223 2022-01-01 2022-12-31 10512223 core:WithinOneYear 2022-12-31 10512223 core:AfterOneYear 2022-12-31 10512223 core:ShareCapital 2022-12-31 10512223 core:RetainedEarningsAccumulatedLosses 2022-12-31 10512223 2023-01-01 2023-12-31 10512223 bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 10512223 bus:AuditExemptWithAccountantsReport 2023-01-01 2023-12-31 10512223 bus:Director40 2023-01-01 2023-12-31 10512223 1 2023-01-01 2023-12-31 10512223 2 2023-01-01 2023-12-31 10512223 core:PlantMachinery 2023-01-01 2023-12-31 10512223 countries:England 2023-01-01 2023-12-31 10512223 bus:FRS102 2023-01-01 2023-12-31 10512223 bus:FullAccounts 2023-01-01 2023-12-31 10512223 2023-12-31 10512223 core:WithinOneYear 2023-12-31 10512223 core:AfterOneYear 2023-12-31 10512223 core:ShareCapital 2023-12-31 10512223 core:RetainedEarningsAccumulatedLosses 2023-12-31 10512223 core:PlantMachinery 2023-12-31 10512223 2022-12-31 10512223 core:PlantMachinery 2022-12-31 iso4217:GBP xbrli:pure