Company Registration No. 10490637 (England and Wales)
H&J FOOD NEWS AND WINES LIMITED
Unaudited accounts
for the year ended 30 November 2022
H&J FOOD NEWS AND WINES LIMITED
Unaudited accounts
Contents
H&J FOOD NEWS AND WINES LIMITED
Company Information
for the year ended 30 November 2022
Company Number
10490637 (England and Wales)
Registered Office
121 Beavers Lane
Hounslow
TW4 6HF
United Kingdom
Accountants
Gurdeep Jaswal
Jaswal and Co Limited
121 Beavers Lane
Hounslow
Middlesex
TW4 6HF
H&J FOOD NEWS AND WINES LIMITED
Statement of financial position
as at 30 November 2022
Intangible assets
200,000
160,000
Tangible assets
86,527
61,206
Inventories
161,000
139,000
Cash at bank and in hand
69,834
15,982
Creditors: amounts falling due within one year
(97,786)
(42,042)
Net current assets
133,048
120,690
Total assets less current liabilities
419,575
341,896
Creditors: amounts falling due after more than one year
(381,199)
(313,670)
Called up share capital
100
100
Profit and loss account
38,276
28,126
Shareholders' funds
38,376
28,226
For the year ending 30 November 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 31 January 2024 and were signed on its behalf by
Takdir singh
Director
Company Registration No. 10490637
H&J FOOD NEWS AND WINES LIMITED
Notes to the Accounts
for the year ended 30 November 2022
H&J FOOD NEWS AND WINES LIMITED is a private company, limited by shares, registered in England and Wales, registration number 10490637. The registered office is 121 Beavers Lane, Hounslow, TW4 6HF, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
20% Reducing balance method
Fixtures & fittings
15% Reducing balance method
Computer equipment
20% reducing balance method
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
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Intangible fixed assets
Goodwill
At 1 December 2021
160,000
At 30 November 2022
200,000
At 30 November 2022
200,000
At 30 November 2021
160,000
H&J FOOD NEWS AND WINES LIMITED
Notes to the Accounts
for the year ended 30 November 2022
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 December 2021
-
9,900
70,000
79,900
Additions
2,843
19,995
-
22,838
At 30 November 2022
2,843
29,895
70,000
102,738
At 1 December 2021
-
-
18,694
18,694
Charge for the year
569
2,935
9,235
12,739
On disposals
-
(15,222)
-
(15,222)
At 30 November 2022
569
(12,287)
27,929
16,211
At 30 November 2022
2,274
42,182
42,071
86,527
At 30 November 2021
-
9,900
51,306
61,206
Amounts falling due after more than one year
7
Creditors: amounts falling due within one year
2022
2021
Bank loans and overdrafts
40,400
10,000
Trade creditors
29,480
15,773
Taxes and social security
27,906
16,269
8
Creditors: amounts falling due after more than one year
2022
2021
Other creditors
25,000
25,000
Loans from directors
250,000
250,000
9
Average number of employees
During the year the average number of employees was 0 (2021: 0).