IRIS Accounts Production v23.2.0.158 09238281 director 1.4.22 31.3.23 31.3.23 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh092382812022-03-31092382812023-03-31092382812022-04-012023-03-31092382812021-03-31092382812021-04-012022-03-31092382812022-03-3109238281ns10:Originalns15:EnglandWales2022-04-012023-03-3109238281ns14:PoundSterlingns10:Original2022-04-012023-03-3109238281ns10:Originalns10:Director12022-04-012023-03-3109238281ns10:Original2022-04-012023-03-3109238281ns10:Original2023-03-3109238281ns10:Originalns10:PrivateLimitedCompanyLtd2022-04-012023-03-3109238281ns10:Originalns10:SmallEntities2022-04-012023-03-3109238281ns10:Originalns10:AuditExempt-NoAccountantsReport2022-04-012023-03-3109238281ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-04-012023-03-3109238281ns10:SmallCompaniesRegimeForAccountsns10:Original2022-04-012023-03-3109238281ns10:Originalns10:FullAccounts2022-04-012023-03-3109238281ns10:Originalns10:OrdinaryShareClass12022-04-012023-03-3109238281ns10:Original2022-03-3109238281ns10:Originalns5:CurrentFinancialInstruments2023-03-3109238281ns10:Originalns5:CurrentFinancialInstruments2022-03-3109238281ns5:ShareCapitalns10:Original2023-03-3109238281ns5:ShareCapitalns10:Original2022-03-3109238281ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-03-3109238281ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-03-3109238281ns10:Originalns10:RegisteredOffice2022-04-012023-03-3109238281ns10:Original2021-04-012022-03-3109238281ns10:Originalns5:PlantMachinery2022-03-3109238281ns10:Originalns5:PlantMachinery2022-04-012023-03-3109238281ns10:Originalns5:PlantMachinery2023-03-3109238281ns10:Originalns5:PlantMachinery2022-03-3109238281ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-03-3109238281ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-03-3109238281ns10:Originalns10:OrdinaryShareClass12023-03-31
REGISTERED NUMBER: 09238281 (England and Wales)










HEBDEN CRAFTS LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2023






HEBDEN CRAFTS LIMITED (REGISTERED NUMBER: 09238281)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2023










Page

Balance Sheet 1

Notes to the Financial Statements 2 to 4


HEBDEN CRAFTS LIMITED (REGISTERED NUMBER: 09238281)

BALANCE SHEET
31ST MARCH 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 21 49

CURRENT ASSETS
Stocks 14,850 10,000
Debtors 5 13,650 8,095
Cash at bank 1,179 11,049
29,679 29,144
CREDITORS
Amounts falling due within one year 6 20,162 19,910
NET CURRENT ASSETS 9,517 9,234
TOTAL ASSETS LESS CURRENT LIABILITIES 9,538 9,283

CAPITAL AND RESERVES
Called up share capital 7 100 100
Retained earnings 9,438 9,183
SHAREHOLDERS' FUNDS 9,538 9,283

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 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.

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 29th January 2024 and were signed by:





Mrs E M De Montfort - Director


HEBDEN CRAFTS LIMITED (REGISTERED NUMBER: 09238281)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2023


1. STATUTORY INFORMATION

Hebden Crafts Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 09238281

Registered office: 3365 Century Way
Thorpe Park
Leeds
West Yorkshire
LS15 8ZB

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.

The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £1.

The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

Turnover
Turnover represents the value of goods sold during the period.

Turnover from the sale of goods is recognised when significant risks and rewards of ownership of the goods have transferred to the buyer, the amount of turnover can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transaction can be measured reliably. This is usually on sale of the goods.

Tangible fixed assets
Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

Depreciation is provided on all tangible fixed assets, at rates calculated to write off the cost, less estimated residual value, of each asset on a systematic basis over its expected useful life as follows:


Fixtures and Fittings - 25% on cost

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

Taxation
Taxation for the year 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.


HEBDEN CRAFTS LIMITED (REGISTERED NUMBER: 09238281)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2023


2. ACCOUNTING POLICIES - continued
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 year 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.

Debtors and creditors receivable / payable within one year
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1st April 2022
and 31st March 2023 749
DEPRECIATION
At 1st April 2022 700
Charge for year 28
At 31st March 2023 728
NET BOOK VALUE
At 31st March 2023 21
At 31st March 2022 49

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 13,650 8,095

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Taxation and social security 536 2,310
Other creditors 19,626 17,600
20,162 19,910

HEBDEN CRAFTS LIMITED (REGISTERED NUMBER: 09238281)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2023


7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
100 Ordinary £1 100 100