Company Registration No. 12845797 (England and Wales)
H&T Wash Station Ltd
Unaudited accounts
for the year ended 31 August 2023
H&T Wash Station Ltd
Unaudited accounts
Contents
H&T Wash Station Ltd
Company Information
for the year ended 31 August 2023
Directors
Mr Toni Hristov
Mr Hristo Hristov
Company Number
12845797 (England and Wales)
Registered Office
7 BELL YARD
LONDON
WC2A 2JR
ENGLAND
Accountants
Prody Books Ltd
The Old Library
St Faith's Street
Maidstone
Kent
ME14 1LH
H&T Wash Station Ltd
Statement of financial position
as at 31 August 2023
Intangible assets
3,722
9,303
Tangible assets
2,438
3,251
Cash at bank and in hand
4,757
6,126
Creditors: amounts falling due within one year
(42,911)
(54,242)
Net current liabilities
(38,154)
(48,116)
Net liabilities
(31,994)
(35,562)
Called up share capital
100
100
Profit and loss account
(32,094)
(35,662)
Shareholders' funds
(31,994)
(35,562)
For the year ending 31 August 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 30 April 2024 and were signed on its behalf by
Mr Toni Hristov
Director
Company Registration No. 12845797
H&T Wash Station Ltd
Notes to the Accounts
for the year ended 31 August 2023
H&T Wash Station Ltd is a private company, limited by shares, registered in England and Wales, registration number 12845797. The registered office is 7 BELL YARD, LONDON, WC2A 2JR, 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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Plant & machinery
25% reducing balance
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation. Intangible fixed asset included in the accounts represents franchise licence.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
H&T Wash Station Ltd
Notes to the Accounts
for the year ended 31 August 2023
4
Intangible fixed assets
Other
At 1 September 2022
20,000
At 1 September 2022
10,697
Intangible Fixed Assets represent franchise licence.
5
Tangible fixed assets
Plant & machinery
6
Creditors: amounts falling due within one year
2023
2022
Amounts owed to group undertakings and other participating interests
27,233
35,113
Taxes and social security
(3,837)
(448)
Loans from directors
16,482
13,637
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
H&T Wash Station Ltd
Notes to the Accounts
for the year ended 31 August 2023
8
Transactions with related parties
At the end of the year, reporting entity has a credit balance with connected company amounted to £27,233. The loan is repayable on demand.
9
Average number of employees
During the year the average number of employees was 1 (2022: 2).