IRIS Accounts Production v23.4.0.336 10576221 director 1.4.22 31.3.23 31.3.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh105762212022-03-31105762212023-03-31105762212022-04-012023-03-31105762212021-03-31105762212021-04-012022-03-31105762212022-03-3110576221ns15:EnglandWales2022-04-012023-03-3110576221ns14:PoundSterling2022-04-012023-03-3110576221ns10:Director12022-04-012023-03-3110576221ns10:PrivateLimitedCompanyLtd2022-04-012023-03-3110576221ns10:SmallEntities2022-04-012023-03-3110576221ns10:AuditExempt-NoAccountantsReport2022-04-012023-03-3110576221ns10:SmallCompaniesRegimeForDirectorsReport2022-04-012023-03-3110576221ns10:SmallCompaniesRegimeForAccounts2022-04-012023-03-3110576221ns10:FullAccounts2022-04-012023-03-3110576221ns10:RegisteredOffice2022-04-012023-03-3110576221ns5:CurrentFinancialInstruments2023-03-3110576221ns5:CurrentFinancialInstruments2022-03-3110576221ns5:Non-currentFinancialInstruments2023-03-3110576221ns5:Non-currentFinancialInstruments2022-03-3110576221ns5:ShareCapital2023-03-3110576221ns5:ShareCapital2022-03-3110576221ns5:RetainedEarningsAccumulatedLosses2023-03-3110576221ns5:RetainedEarningsAccumulatedLosses2022-03-3110576221ns5:CostValuation2022-03-3110576221ns5:RevaluationsIncreaseDecreaseInInvestments2023-03-3110576221ns5:CostValuation2023-03-3110576221ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-03-3110576221ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-03-31105762211ns10:Director12022-03-31105762211ns10:Director12021-03-31105762211ns10:Director12022-04-012023-03-31105762211ns10:Director12021-04-012022-03-31105762211ns10:Director12023-03-31105762211ns10:Director12022-03-31
REGISTERED NUMBER: 10576221 (England and Wales)












UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2023

FOR

H&L CAPITAL MARKETS LTD

H&L CAPITAL MARKETS LTD (REGISTERED NUMBER: 10576221)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


H&L CAPITAL MARKETS LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2023







DIRECTOR: B Heath





REGISTERED OFFICE: 164 Severn Drive
Upminster
Essex
RM14 1PW





REGISTERED NUMBER: 10576221 (England and Wales)





ACCOUNTANTS: Monico Tunley Limited
Chartered Accountants
19 Goldington Road
Bedford
MK40 3JY

H&L CAPITAL MARKETS LTD (REGISTERED NUMBER: 10576221)

BALANCE SHEET
31 MARCH 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Investments 4 40,000 359,100

CURRENT ASSETS
Debtors 5 212,642 155,595
Cash at bank and in hand 9,269 22,466
221,911 178,061
CREDITORS
Amounts falling due within one year 6 594,465 547,063
NET CURRENT LIABILITIES (372,554 ) (369,002 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(332,554

)

(9,902

)

CREDITORS
Amounts falling due after more than one
year

7

(32,825

)

(36,650

)

ACCRUALS AND DEFERRED INCOME (1,927 ) (1,892 )
NET LIABILITIES (367,306 ) (48,444 )

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (367,406 ) (48,544 )
(367,306 ) (48,444 )

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

H&L CAPITAL MARKETS LTD (REGISTERED NUMBER: 10576221)

BALANCE SHEET - continued
31 MARCH 2023


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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 10 April 2024 and were signed by:





B Heath - Director


H&L CAPITAL MARKETS LTD (REGISTERED NUMBER: 10576221)

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

1. STATUTORY INFORMATION

H&L Capital Markets 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 as modified by the revaluation of certain assets.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.

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.

3. EMPLOYEES AND DIRECTORS

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

4. FIXED ASSET INVESTMENTS
Other
investments
£   
COST OR VALUATION
At 1 April 2022 359,100
Revaluations (319,100 )
At 31 March 2023 40,000
NET BOOK VALUE
At 31 March 2023 40,000
At 31 March 2022 359,100

H&L CAPITAL MARKETS LTD (REGISTERED NUMBER: 10576221)

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

4. FIXED ASSET INVESTMENTS - continued

Cost or valuation at 31 March 2023 is represented by:

Other
investments
£   
Valuation in 2023 (319,100 )
Cost 359,100
40,000

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 24,059 51,000
Other debtors 188,583 104,595
212,642 155,595

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 10,000 8,333
Taxation and social security 30,432 10,683
Other creditors 554,033 528,047
594,465 547,063

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans 32,825 36,650

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2023 and 31 March 2022:

2023 2022
£    £   
B Heath
Balance outstanding at start of year - -
Amounts advanced 56,887 -
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 56,887 -