REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Year Ended 5 April 2023 |
for |
DR CHIARA HUNT & ASSOCIATES LIMITED |
REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Year Ended 5 April 2023 |
for |
DR CHIARA HUNT & ASSOCIATES LIMITED |
DR CHIARA HUNT & ASSOCIATES LIMITED (REGISTERED NUMBER: 10381419) |
Contents of the Financial Statements |
for the year ended 5 April 2023 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 3 |
DR CHIARA HUNT & ASSOCIATES LIMITED |
Company Information |
for the year ended 5 April 2023 |
Director: |
Registered office: |
Registered number: |
Accountants: |
Juniper House |
Warley Hill Business Park |
The Drive |
Brentwood |
Essex |
CM13 3BE |
DR CHIARA HUNT & ASSOCIATES LIMITED (REGISTERED NUMBER: 10381419) |
Balance Sheet |
5 April 2023 |
2023 | 2022 |
Notes | £ | £ | £ | £ |
Fixed assets |
Intangible assets | 4 |
Tangible assets | 5 |
Current assets |
Debtors | 6 |
Cash at bank |
Creditors |
Amounts falling due within one year | 7 |
Net current assets |
Total assets less current liabilities |
Capital and reserves |
Called up share capital | 8 |
Retained earnings |
Shareholders' funds |
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. |
In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered. |
The financial statements were approved by the director and authorised for issue on |
DR CHIARA HUNT & ASSOCIATES LIMITED (REGISTERED NUMBER: 10381419) |
Notes to the Financial Statements |
for the year ended 5 April 2023 |
1. | Statutory information |
Dr Chiara Hunt & Associates Limited is a |
The presentation currency of the financial statements is the Pound Sterling (£). |
2. | Accounting policies |
Basis of preparing the financial statements |
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 |
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 |
Fixtures and fittings | - |
Financial instruments |
Financial assets and financial liabilities are recognised in the balance sheet when the company becomes a party to the contractual provisions of the instrument. |
Trade and other debtors and creditors are classified as basic financial instruments and measured at initial recognition at transaction price. Debtors and creditors are subsequently measured at amortised cost using the effective interest rate method. A provision is established when there is objective evidence that the company will not be able to collect all amounts due. |
Cash and cash equivalents are classified as basic financial instruments and comprise cash in hand and at bank and bank overdrafts. |
Financial liabilities and equity instruments issued by the company are classified in accordance with the substance of the contractual arrangements entered into and the definitions of a financial liability and an equity instrument. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Equity instruments issued by the company are recorded at the proceeds received, net of direct issue costs. |
Taxation |
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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. |
DR CHIARA HUNT & ASSOCIATES LIMITED (REGISTERED NUMBER: 10381419) |
Notes to the Financial Statements - continued |
for the year ended 5 April 2023 |
3. | Employees and directors |
The average number of employees during the year was |
4. | Intangible fixed assets |
Goodwill |
£ |
Cost |
At 6 April 2022 |
and 5 April 2023 |
Amortisation |
At 6 April 2022 |
and 5 April 2023 |
Net book value |
At 5 April 2023 |
At 5 April 2022 |
5. | Tangible fixed assets |
Fixtures |
and |
fittings |
£ |
Cost |
At 6 April 2022 |
and 5 April 2023 |
Net book value |
At 5 April 2023 |
At 5 April 2022 |
Amounts held in fixtures and fittings relate to expenditure on paintings. It is believed these are unlikely to depreciate in value and as such are held at historical cost. |
6. | Debtors: amounts falling due within one year |
2023 | 2022 |
£ | £ |
Trade debtors |
Other debtors |
7. | Creditors: amounts falling due within one year |
2023 | 2022 |
£ | £ |
Trade creditors |
Taxation and social security |
Other creditors |
DR CHIARA HUNT & ASSOCIATES LIMITED (REGISTERED NUMBER: 10381419) |
Notes to the Financial Statements - continued |
for the year ended 5 April 2023 |
8. | Called up share capital |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 2023 | 2022 |
value: | £ | £ |
Ordinary | £1.00 | 1 | 1 |
9. | Director's advances, credits and guarantees |
The following advances and credits to a director subsisted during the years ended 5 April 2023 and 5 April 2022: |
2023 | 2022 |
£ | £ |
Balance outstanding at start of year |
Amounts advanced |
Amounts repaid | ( |
) | ( |
) |
Amounts written off | - | - |
Amounts waived | - | - |
Balance outstanding at end of year |