Company registration number 09124698 (England and Wales)
HEB (NORFOLK) LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023
PAGES FOR FILING WITH REGISTRAR
HEB (NORFOLK) LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 3
HEB (NORFOLK) LIMITED
BALANCE SHEET
- 1 -
2023
2022
Notes
£
£
£
£
Current assets
Debtors
3
52
4,452
Cash at bank and in hand
8,259
53,524
8,311
57,976
Creditors: amounts falling due within one year
4
(2,440)
(11,822)
Net current assets
5,871
46,154
Creditors: amounts falling due after more than one year
5
(159,816)
(212,029)
Net liabilities
(153,945)
(165,875)
Capital and reserves
Called up share capital
600
600
Profit and loss reserves
(154,545)
(166,475)
Total equity
(153,945)
(165,875)
The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true
For the financial year 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 directors acknowledge their 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 year 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 by the board of directors and authorised for issue on 19 April 2024 and are signed on its behalf by:
Mr TJ King
Director
Company registration number 09124698 (England and Wales)
HEB (NORFOLK) LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023
- 2 -
1
Accounting policies
Company information
HEB (Norfolk) Limited is a private company limited by shares incorporated in England and Wales. The registered office is 3 The Stable Yard, Lodge Road, Heacham, King's Lynn, Norfolk, England, PE31 7AZ.
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.
The financial statements have been prepared under the historical cost convention, [modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value]. The principal accounting policies adopted are set out below.
1.2
Turnover
Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.
2
Employees
The average monthly number of persons (including directors) employed by the company during the year was:
2023
2022
Number
Number
Total
3
3
3
Debtors
2023
2022
Amounts falling due within one year:
£
£
Trade debtors
4,400
Corporation tax recoverable
52
52
52
4,452
4
Creditors: amounts falling due within one year
2023
2022
£
£
Bank loans
10,000
Taxation and social security
1,330
763
Other creditors
1,110
1,059
2,440
11,822
HEB (NORFOLK) LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JULY 2023
- 3 -
5
Creditors: amounts falling due after more than one year
2023
2022
£
£
Bank loans and overdrafts
159,816
212,029