Registered number
04614504
Hexamail Limited
Filleted Accounts
31 December 2023
Hexamail Limited
Company Information
Directors
P J Booth
F A Johansen
Accountants
Anderson Griffin
Rotunda Buildings
Montpellier Exchange
Cheltenham
Glos
Registered office
22 Willow Road
Charlton Kings
Cheltenham
Glos
Registered number
04614504
Hexamail Limited
Registered number: 04614504
Balance Sheet
as at 31 December 2023
Notes 2023 2022
£ £
Fixed assets
Tangible assets 3 10,300 16,275
Current assets
Debtors 4 1,420 3,685
Cash at bank and in hand 186,365 177,596
187,785 181,281
Creditors: amounts falling due within one year 5 (51,967) (31,022)
Net current assets 135,818 150,259
Net assets 146,118 166,534
Capital and reserves
Called up share capital 200 200
Profit and loss account 145,918 166,334
Shareholders' funds 146,118 166,534
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their 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.
P J Booth
Director
Approved by the board on 31 March 2024
Hexamail 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:
Computer equipment over 4 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.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
2 Employees 2023 2022
Number Number
Average number of persons employed by the company 2 2
3 Tangible fixed assets
Computer equipment
£
Cost
At 1 January 2023 47,980
Additions 378
At 31 December 2023 48,358
Depreciation
At 1 January 2023 31,705
Charge for the year 6,353
At 31 December 2023 38,058
Net book value
At 31 December 2023 10,300
At 31 December 2022 16,275
4 Debtors 2023 2022
£ £
Trade debtors 1,420 3,685
5 Creditors: amounts falling due within one year 2023 2022
£ £
Trade creditors - 4,486
Directors loan 50,972 25,541
Other creditors 995 995
51,967 31,022
6 Controlling party
The company is controlled by the directors.
7 Other information
Hexamail Limited is a private company limited by shares and incorporated in England. Its registered office is:
22 Willow Road
Charlton Kings
Cheltenham
Glos
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