Company Registration No. 11390649 (England and Wales)
HIRE2STYLE LTD
Unaudited accounts
for the year ended 31 May 2023
HIRE2STYLE LTD
Unaudited accounts
Contents
HIRE2STYLE LTD
Company Information
for the year ended 31 May 2023
Directors
A Pall
S Rabidas
Company Number
11390649 (England and Wales)
Registered Office
HIRE2STYLE BULLSBROOK ROAD
BULLSBROOK INDUSTRIAL ESTATE
HAYES
MIDDLESEX
UB4 0JZ
ENGLAND
HIRE2STYLE LTD
Statement of financial position
as at 31 May 2023
Tangible assets
20,508
6,333
Cash at bank and in hand
21,751
25,288
Creditors: amounts falling due within one year
(38,449)
(8,543)
Net current assets
9,472
16,895
Total assets less current liabilities
29,980
23,228
Creditors: amounts falling due after more than one year
(7,455)
(8,000)
Called up share capital
100
100
Profit and loss account
22,425
15,128
Shareholders' funds
22,525
15,228
For the year ending 31 May 2023 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 directors acknowledge their 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 of Directors and authorised for issue on 16 February 2024 and were signed on its behalf by
A Pall
Director
Company Registration No. 11390649
HIRE2STYLE LTD
Notes to the Accounts
for the year ended 31 May 2023
HIRE2STYLE LTD is a private company, limited by shares, registered in England and Wales, registration number 11390649. The registered office is HIRE2STYLE BULLSBROOK ROAD, BULLSBROOK INDUSTRIAL ESTATE, HAYES, MIDDLESEX, UB4 0JZ, ENGLAND.
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:
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 June 2022
8,444
-
8,444
At 31 May 2023
8,444
14,175
22,619
At 1 June 2022
2,111
-
2,111
At 31 May 2023
2,111
-
2,111
At 31 May 2023
6,333
14,175
20,508
At 31 May 2022
6,333
-
6,333
Amounts falling due within one year
HIRE2STYLE LTD
Notes to the Accounts
for the year ended 31 May 2023
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
821
2,876
Loans from directors
15,934
5,667
7
Creditors: amounts falling due after more than one year
2023
2022
8
Average number of employees
During the year the average number of employees was 5 (2022: 5).