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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
Page
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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
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H&T Wash Station Ltd Statement of financial position as at 31 August 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Intangible assets
3,722 
9,303 
Tangible assets
2,438 
3,251 
6,160 
12,554 
Current assets
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)
Capital and reserves
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
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H&T Wash Station Ltd Notes to the Accounts for the year ended 31 August 2023
1
Statutory information
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
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
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 taxation
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.
Financial instruments
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.
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H&T Wash Station Ltd Notes to the Accounts for the year ended 31 August 2023
4
Intangible fixed assets
Other 
£ 
Cost
At 1 September 2022
20,000 
At 31 August 2023
20,000 
Amortisation
At 1 September 2022
10,697 
Charge for the year
5,581 
At 31 August 2023
16,278 
Net book value
At 31 August 2023
3,722 
At 31 August 2022
9,303 
Intangible Fixed Assets represent franchise licence.
5
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 September 2022
3,420 
At 31 August 2023
3,420 
Depreciation
At 1 September 2022
169 
Charge for the year
813 
At 31 August 2023
982 
Net book value
At 31 August 2023
2,438 
At 31 August 2022
3,251 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
1,499 
1,798 
Trade creditors
189 
1,219 
Amounts owed to group undertakings and other participating interests
27,233 
35,113 
Taxes and social security
(3,837)
(448)
Other creditors
- 
1,359 
Loans from directors
16,482 
13,637 
Accruals
1,345 
1,564 
42,911 
54,242 
7
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
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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).
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