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REGISTERED NUMBER: 07702014 (England and Wales)















Hack & Veldt Ltd

Unaudited Financial Statements

for the Year Ended 31 July 2023






Hack & Veldt Ltd (Registered number: 07702014)

Contents of the Financial Statements
for the year ended 31 July 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Hack & Veldt Ltd

Company Information
for the year ended 31 July 2023







Director: M Hachfeld





Registered office: 94 Turnham Green Terrace
Chiswick
London
W4 1QN





Registered number: 07702014 (England and Wales)





Accountants: Cooper Parry Advisory Limited
New Derwent House
69-73 Theobalds Road
London
WC1X 8TA

Hack & Veldt Ltd (Registered number: 07702014)

Balance Sheet
31 July 2023

2023 2022
Notes £ £ £ £
Fixed assets
Tangible assets 4 16,755 26,676

Current assets
Stocks 15,379 12,596
Debtors 5 16,720 17,251
Cash at bank and in hand 70,515 56,037
102,614 85,884
Creditors
Amounts falling due within one year 6 60,369 55,244
Net current assets 42,245 30,640
Total assets less current liabilities 59,000 57,316

Capital and reserves
Called up share capital 7 1 1
Retained earnings 8 58,999 57,315
Shareholders' funds 59,000 57,316

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

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

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 March 2024 and were signed by:





M Hachfeld - Director


Hack & Veldt Ltd (Registered number: 07702014)

Notes to the Financial Statements
for the year ended 31 July 2023


1. Statutory information

Hack & Veldt Ltd 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, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Short leasehold - in accordance with the property
Plant and machinery - 25% on cost
Fixtures and fittings - 25% on cost
Motor vehicles - 25% on reducing balance
Computer equipment - 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. Employees and directors

The average number of employees during the year was 10 (2022 - 10 ) .

Hack & Veldt Ltd (Registered number: 07702014)

Notes to the Financial Statements - continued
for the year ended 31 July 2023


4. Tangible fixed assets
Fixtures
Short Plant and and
leasehold machinery fittings
£ £ £
Cost
At 1 August 2022
and 31 July 2023 9,313 18,982 111,755
Depreciation
At 1 August 2022 9,161 18,948 86,298
Charge for year 152 - 9,406
At 31 July 2023 9,313 18,948 95,704
Net book value
At 31 July 2023 - 34 16,051
At 31 July 2022 152 34 25,457

Motor Computer
vehicles equipment Totals
£ £ £
Cost
At 1 August 2022
and 31 July 2023 2,396 3,060 145,506
Depreciation
At 1 August 2022 2,157 2,266 118,830
Charge for year 60 303 9,921
At 31 July 2023 2,217 2,569 128,751
Net book value
At 31 July 2023 179 491 16,755
At 31 July 2022 239 794 26,676

5. Debtors: amounts falling due within one year
2023 2022
£ £
Trade debtors - 467
Other debtors 16,720 16,784
16,720 17,251

6. Creditors: amounts falling due within one year
2023 2022
£ £
Trade creditors 16,376 22,455
Taxation and social security 38,875 26,449
Other creditors 5,118 6,340
60,369 55,244

Hack & Veldt Ltd (Registered number: 07702014)

Notes to the Financial Statements - continued
for the year ended 31 July 2023


7. Called up share capital

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

8. Reserves
Retained
earnings
£

At 1 August 2022 57,315
Profit for the year 21,684
Dividends (20,000 )
At 31 July 2023 58,999

9. Related party disclosures

As at the balance sheet date a sum of £1,663 (2022- £3,135) was owed to the director on which interest has not been charged.