Company registration number 14225038 (England and Wales)
TENDERHOOKS LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE PERIOD OF 11TH JULY 2022 ENDED 31 JULY 2023
PAGES FOR FILING WITH REGISTRAR
TENDERHOOKS LTD
CONTENTS
Page
Balance sheet
1
Statement of changes in equity
2
Notes to the financial statements
3 - 4
TENDERHOOKS LTD
BALANCE SHEET
- 1 -
2023
Notes
£
£
Current assets
Debtors
3
6,997
Cash at bank and in hand
18,032
25,029
Creditors: amounts falling due within one year
4
(87,183)
Net current liabilities
(62,154)
Capital and reserves
Called up share capital
1
Profit and loss reserves
(62,155)
Total equity
(62,154)
The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true
For the financial Period ended 31 July 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the Period in question in accordance with section 476.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved and signed by the director and authorised for issue on 18 April 2024
Ms J Hewson
Director
Company registration number 14225038 (England and Wales)
TENDERHOOKS LTD
STATEMENT OF CHANGES IN EQUITY
FOR THE PERIOD ENDED 31 JULY 2023
- 2 -
Share capital
Profit and loss reserves
Total
Notes
£
£
£
Balance at 11 July 2022
-
Period ended 31 July 2023:
Loss and total comprehensive income
-
(62,155)
(62,155)
Issue of share capital
1
-
1
Balance at 31 July 2023
1
(62,155)
(62,154)
TENDERHOOKS LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 JULY 2023
- 3 -
1
Accounting policies
1.1
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
1.2
Going concern
Atruet the time of approving the financial statements, the director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the director continues to adopt the going concern basis of accounting in preparing the financial statements.
1.3
Financial instruments
The company has only basic financial instruments.
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method.
Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction.
1.4
Taxation
The tax expense represents the sum of the tax currently payable and deferred tax.
Current tax
The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.
2
Employees
The average monthly number of persons (including directors) employed by the company during the Period was:
2023
Number
Total
1
3
Debtors
2023
Amounts falling due within one year:
£
Other debtors
6,997
TENDERHOOKS LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE PERIOD ENDED 31 JULY 2023
- 4 -
4
Creditors: amounts falling due within one year
2023
£
Trade creditors
19,954
Other creditors
67,229
87,183