Company Registration No. 09789046 (England and Wales)
HG/FIT LTD
Unaudited accounts
for the year ended 30 September 2023
HG/FIT LTD
Unaudited accounts
Contents
HG/FIT LTD
Company Information
for the year ended 30 September 2023
Company Number
09789046 (England and Wales)
Registered Office
BURNSIDE COMMON STREET
RAVENSTONE
OLNEY
MK46 5AR
ENGLAND
HG/FIT LTD
Statement of financial position
as at 30 September 2023
Tangible assets
25,590
36,864
Cash at bank and in hand
15,734
15,739
Creditors: amounts falling due within one year
(120,326)
(131,226)
Net current liabilities
(103,362)
(114,751)
Net liabilities
(77,772)
(77,887)
Called up share capital
100
100
Profit and loss account
(77,872)
(77,987)
Shareholders' funds
(77,772)
(77,887)
For the year ending 30 September 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 April 2024 and were signed on its behalf by
James Saunders
Director
Company Registration No. 09789046
HG/FIT LTD
Notes to the Accounts
for the year ended 30 September 2023
HG/FIT LTD is a private company, limited by shares, registered in England and Wales, registration number 09789046. The registered office is BURNSIDE COMMON STREET, RAVENSTONE, OLNEY, MK46 5AR, 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.
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 as modified by the revaluation of certain fixed assets.
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:
Land & buildings
10% Straight Line
Plant & machinery
15% Straight Line
Motor vehicles
20% Straight Line
Fixtures & fittings
15% Straight Line
Computer equipment
33% Straight Line
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At cost
At 1 October 2022
27,507
48,229
25,217
7,903
4,556
113,412
At 30 September 2023
27,507
48,929
25,217
7,903
4,556
114,112
At 1 October 2022
12,124
38,864
15,452
5,779
4,329
76,548
Charge for the year
2,751
3,602
5,043
490
88
11,974
At 30 September 2023
14,875
42,466
20,495
6,269
4,417
88,522
At 30 September 2023
12,632
6,463
4,722
1,634
139
25,590
At 30 September 2022
15,383
9,365
9,765
2,124
227
36,864
HG/FIT LTD
Notes to the Accounts
for the year ended 30 September 2023
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
18,763
18,763
Other creditors
54,047
54,047
Loans from directors
45,790
56,280
7
Average number of employees
During the year the average number of employees was 1 (2022: 1).