IRIS Accounts Production v24.1.9.2 06910317 Board of Directors Board of Directors 30.10.22 29.10.23 29.10.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh069103172022-10-29069103172023-10-29069103172022-10-302023-10-29069103172021-10-30069103172021-10-312022-10-29069103172022-10-2906910317ns15:EnglandWales2022-10-302023-10-2906910317ns14:PoundSterling2022-10-302023-10-2906910317ns10:Director12022-10-302023-10-2906910317ns10:Director22022-10-302023-10-2906910317ns10:PrivateLimitedCompanyLtd2022-10-302023-10-2906910317ns10:SmallEntities2022-10-302023-10-2906910317ns10:AuditExempt-NoAccountantsReport2022-10-302023-10-2906910317ns10:SmallCompaniesRegimeForDirectorsReport2022-10-302023-10-2906910317ns10:SmallCompaniesRegimeForAccounts2022-10-302023-10-2906910317ns10:FullAccounts2022-10-302023-10-2906910317ns10:RegisteredOffice2022-10-302023-10-2906910317ns5:CurrentFinancialInstruments2023-10-2906910317ns5:CurrentFinancialInstruments2022-10-2906910317ns5:ShareCapital2023-10-2906910317ns5:ShareCapital2022-10-2906910317ns5:RetainedEarningsAccumulatedLosses2023-10-2906910317ns5:RetainedEarningsAccumulatedLosses2022-10-2906910317ns5:PlantMachinery2022-10-302023-10-2906910317ns5:ComputerEquipment2022-10-302023-10-2906910317ns5:PlantMachinery2022-10-2906910317ns5:PlantMachinery2023-10-2906910317ns5:PlantMachinery2022-10-2906910317ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-10-2906910317ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-10-29
REGISTERED NUMBER: 06910317 (England and Wales)


















FINANCIAL STATEMENTS

FOR THE YEAR ENDED 29 OCTOBER 2023

FOR

HAC (WARWICKSHIRE) LIMITED

HAC (WARWICKSHIRE) LIMITED (REGISTERED NUMBER: 06910317)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 OCTOBER 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


HAC (WARWICKSHIRE) LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 29 OCTOBER 2023







DIRECTORS: Professor D R Griffin
Mrs E Griffin





REGISTERED OFFICE: Fulford House
Newbold Terrace
Leamington Spa
Warwickshire
CV32 4EA





REGISTERED NUMBER: 06910317 (England and Wales)





ACCOUNTANTS: TGFP
Chartered Accountants
Fulford House
Newbold Terrace
Leamington Spa
Warwickshire
CV32 4EA

HAC (WARWICKSHIRE) LIMITED (REGISTERED NUMBER: 06910317)

BALANCE SHEET
29 OCTOBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 6,127 7,073

CURRENT ASSETS
Debtors 5 297,051 146,510
Cash at bank 120,474 45,204
417,525 191,714
CREDITORS
Amounts falling due within one year 6 347,671 88,917
NET CURRENT ASSETS 69,854 102,797
TOTAL ASSETS LESS CURRENT
LIABILITIES

75,981

109,870

CAPITAL AND RESERVES
Called up and paid share capital 100 100
Retained earnings 75,881 109,770
SHAREHOLDERS' FUNDS 75,981 109,870

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 October 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 October 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

HAC (WARWICKSHIRE) LIMITED (REGISTERED NUMBER: 06910317)

BALANCE SHEET - continued
29 OCTOBER 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 29 July 2024 and were signed on its behalf by:




Professor D R Griffin - Director



Mrs E Griffin - Director


HAC (WARWICKSHIRE) LIMITED (REGISTERED NUMBER: 06910317)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 OCTOBER 2023


1. STATUTORY INFORMATION

HAC (Warwickshire) Limited 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 represents invoiced surgical procedures.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance
Computer equipment - 25% on reducing balance

Financial instruments
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Taxation
Taxation for the year comprises current tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

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.

HAC (WARWICKSHIRE) LIMITED (REGISTERED NUMBER: 06910317)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 29 OCTOBER 2023


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2022 - 3 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 30 October 2022 19,691
Additions 4,236
Disposals (11,649 )
At 29 October 2023 12,278
DEPRECIATION
At 30 October 2022 12,618
Charge for year 2,043
Eliminated on disposal (8,510 )
At 29 October 2023 6,151
NET BOOK VALUE
At 29 October 2023 6,127
At 29 October 2022 7,073

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 56,153 31,657
Other debtors 240,898 114,853
297,051 146,510

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Taxation and social security 7,073 11,547
Other creditors 340,598 77,370
347,671 88,917

HAC (WARWICKSHIRE) LIMITED (REGISTERED NUMBER: 06910317)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 29 OCTOBER 2023


7. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

During the year the director operated a loan with the company with no fixed terms of repayment or interest. Amounts advanced during the period were £238,001 (2022 - £102,268) and repayments amounting to £102,268 (2022 - £129,907). At the period end the amount owing to the company was £238,001 (2022 - £102,268).