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REGISTERED NUMBER: 10727764 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 25 JULY 2022 TO 31 JULY 2023

FOR

HANNAH SHERGOLD LIMITED

HANNAH SHERGOLD LIMITED (REGISTERED NUMBER: 10727764)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 25 JULY 2022 TO 31 JULY 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Accountants' Report 8

HANNAH SHERGOLD LIMITED

COMPANY INFORMATION
FOR THE PERIOD 25 JULY 2022 TO 31 JULY 2023







DIRECTOR: Miss H L Shergold





REGISTERED OFFICE: Avebury House
6 St Peter Street
Winchester
Hampshire
SO23 8BN





REGISTERED NUMBER: 10727764 (England and Wales)





ACCOUNTANTS: Rothmans LLP
Avebury House
St Peter Street
Winchester
Hampshire
SO23 8BN

HANNAH SHERGOLD LIMITED (REGISTERED NUMBER: 10727764)

BALANCE SHEET
31 JULY 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 204 254
Tangible assets 5 4,840 6,974
5,044 7,228

CURRENT ASSETS
Stocks 25,890 26,110
Debtors 6 206,988 126,051
Cash at bank 29,713 226,649
262,591 378,810
CREDITORS
Amounts falling due within one year 7 20,910 106,728
NET CURRENT ASSETS 241,681 272,082
TOTAL ASSETS LESS CURRENT
LIABILITIES

246,725

279,310

PROVISIONS FOR LIABILITIES 920 1,325
NET ASSETS 245,805 277,985

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 245,705 277,885
245,805 277,985

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

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

The director acknowledges her 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.

HANNAH SHERGOLD LIMITED (REGISTERED NUMBER: 10727764)

BALANCE SHEET - continued
31 JULY 2023


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 director and authorised for issue on 19 April 2024 and were signed by:





Miss H L Shergold - Director


HANNAH SHERGOLD LIMITED (REGISTERED NUMBER: 10727764)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 25 JULY 2022 TO 31 JULY 2023


1. STATUTORY INFORMATION

Hannah Shergold 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.

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.

Trademarks are being amortised evenly over their estimated useful life of ten years.

Tangible fixed assets
Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives. Depreciation is provided on the following basis:

Art equipment - 5% - 20% straight line
Plant and machinery - 4 years straight line
Computer equipment - 3 years straight line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in the Income Statement.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments
Short term debtors and creditors are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account.


HANNAH SHERGOLD LIMITED (REGISTERED NUMBER: 10727764)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 25 JULY 2022 TO 31 JULY 2023


2. ACCOUNTING POLICIES - continued
Taxation
Taxation for the period 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.

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 period 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 1 (2022 - 1 ) .

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 25 July 2022
and 31 July 2023 500
AMORTISATION
At 25 July 2022 246
Charge for period 50
At 31 July 2023 296
NET BOOK VALUE
At 31 July 2023 204
At 24 July 2022 254

HANNAH SHERGOLD LIMITED (REGISTERED NUMBER: 10727764)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 25 JULY 2022 TO 31 JULY 2023


5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 25 July 2022 11,331
Additions 1,363
Disposals (1,199 )
At 31 July 2023 11,495
DEPRECIATION
At 25 July 2022 4,357
Charge for period 2,798
Eliminated on disposal (500 )
At 31 July 2023 6,655
NET BOOK VALUE
At 31 July 2023 4,840
At 24 July 2022 6,974

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 2,855 63,000
Other debtors 204,133 63,051
206,988 126,051

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 1,326 4,931
Taxation and social security 16,683 85,988
Other creditors 2,901 15,809
20,910 106,728

HANNAH SHERGOLD LIMITED (REGISTERED NUMBER: 10727764)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 25 JULY 2022 TO 31 JULY 2023


8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the periods ended 31 July 2023 and 24 July 2022:

2023 2022
£    £   
Miss H L Shergold
Balance outstanding at start of period 62,483 124,194
Amounts advanced 242,565 97,114
Amounts repaid (101,188 ) (158,825 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of period 203,860 62,483

Interest is charged on the loan to the director from the company at the HMRC approved rate. The loan is repayable on demand.

9. RELATED PARTY DISCLOSURES

Artemis Defence Consulting Ltd
A company in which H Shergold is a director

At the year end there is a balance due from Artemis Defence Consulting Ltd amounting to £273 (2022: £273). The amount due is interest free and repayable on demand.

CHARTERED ACCOUNTANTS' REPORT TO THE DIRECTOR
ON THE UNAUDITED FINANCIAL STATEMENTS OF
HANNAH SHERGOLD LIMITED


The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Hannah Shergold Limited for the period ended 31 July 2023 which comprise the Income Statement, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Hannah Shergold Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Hannah Shergold Limited and state those matters that we have agreed to state to the director of Hannah Shergold Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Hannah Shergold Limited and its director for our work or for this report.

It is your duty to ensure that Hannah Shergold Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Hannah Shergold Limited. You consider that Hannah Shergold Limited is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or a review of the financial statements of Hannah Shergold Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Rothmans LLP
Avebury House
St Peter Street
Winchester
Hampshire
SO23 8BN


22 April 2024