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REGISTERED NUMBER: 04648399 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023

FOR

HASTINGS PRIVATE HIRE (MANCHESTER)
LIMITED

HASTINGS PRIVATE HIRE (MANCHESTER)
LIMITED (REGISTERED NUMBER: 04648399)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 March 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


HASTINGS PRIVATE HIRE (MANCHESTER)
LIMITED

COMPANY INFORMATION
for the Year Ended 31 March 2023







DIRECTORS: R A Wiggett
K R Wiggett





REGISTERED OFFICE: 649 Ashton New Road
Openshaw
Manchester
Lancashire
M11 4RX





REGISTERED NUMBER: 04648399 (England and Wales)





ACCOUNTANTS: BP & Co Chartered Accountants
Enterprise House
2 Pass Street
Oldham
Lancashire
OL9 6HZ

HASTINGS PRIVATE HIRE (MANCHESTER)
LIMITED (REGISTERED NUMBER: 04648399)

BALANCE SHEET
31 March 2023

2023 2022
Notes £    £   
FIXED ASSETS
Intangible assets 4 2 2
Tangible assets 5 31,398 37,604
31,400 37,606

CURRENT ASSETS
Debtors 6 39,962 32,775
Cash at bank and in hand 500 4,090
40,462 36,865
CREDITORS
Amounts falling due within one year 7 (72,664 ) (50,496 )
NET CURRENT LIABILITIES (32,202 ) (13,631 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(802

)

23,975

CREDITORS
Amounts falling due after more than one
year

8

(22,540

)

(34,892

)

PROVISIONS FOR LIABILITIES (5,773 ) (6,951 )
NET LIABILITIES (29,115 ) (17,868 )

HASTINGS PRIVATE HIRE (MANCHESTER)
LIMITED (REGISTERED NUMBER: 04648399)

BALANCE SHEET - continued
31 March 2023

2023 2022
Notes £    £   
CAPITAL AND RESERVES
Called up share capital 9 2 2
Retained earnings (29,117 ) (17,870 )
SHAREHOLDERS' FUNDS (29,115 ) (17,868 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 29 March 2024 and were signed on its behalf by:





K R Wiggett - Director


HASTINGS PRIVATE HIRE (MANCHESTER)
LIMITED (REGISTERED NUMBER: 04648399)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 March 2023

1. STATUTORY INFORMATION

Hastings Private Hire (Manchester) Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


HASTINGS PRIVATE HIRE (MANCHESTER)
LIMITED (REGISTERED NUMBER: 04648399)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 March 2023

2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 12 (2022 - 11 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2022
and 31 March 2023 26,750
AMORTISATION
At 1 April 2022
and 31 March 2023 26,748
NET BOOK VALUE
At 31 March 2023 2
At 31 March 2022 2

HASTINGS PRIVATE HIRE (MANCHESTER)
LIMITED (REGISTERED NUMBER: 04648399)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 March 2023

5. TANGIBLE FIXED ASSETS
Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1 April 2022
and 31 March 2023 233,698 10,995 2,632 247,325
DEPRECIATION
At 1 April 2022 200,776 7,516 1,429 209,721
Charge for year 4,939 870 397 6,206
At 31 March 2023 205,715 8,386 1,826 215,927
NET BOOK VALUE
At 31 March 2023 27,983 2,609 806 31,398
At 31 March 2022 32,922 3,479 1,203 37,604

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 39,643 31,615
Other debtors 319 1,160
39,962 32,775

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 31,076 12,089
Taxation and social security 25,349 23,902
Other creditors 16,239 14,505
72,664 50,496

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans 22,540 34,892

HASTINGS PRIVATE HIRE (MANCHESTER)
LIMITED (REGISTERED NUMBER: 04648399)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 March 2023

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
2 Ordinary £1 2 2