2022-11-01 2023-10-31 false Capium Accounts Production 1.1 11535930 bus:FullAccounts 2022-11-01 2023-10-31 11535930 bus:FRS102 2022-11-01 2023-10-31 11535930 bus:AuditExemptWithAccountantsReport 2022-11-01 2023-10-31 11535930 bus:SmallCompaniesRegimeForAccounts 2022-11-01 2023-10-31 11535930 bus:PrivateLimitedCompanyLtd 2022-11-01 2023-10-31 11535930 2022-11-01 2023-10-31 11535930 2023-10-31 11535930 bus:RegisteredOffice 2022-11-01 2023-10-31 11535930 core:WithinOneYear 2023-10-31 11535930 core:AfterOneYear 2023-10-31 11535930 bus:Director1 2022-11-01 2023-10-31 11535930 bus:Director1 2023-10-31 11535930 bus:Director1 2021-11-01 2022-10-31 11535930 2021-11-01 11535930 bus:LeadAgentIfApplicable 2022-11-01 2023-10-31 11535930 2021-11-01 2022-10-31 11535930 2022-10-31 11535930 core:WithinOneYear 2022-10-31 11535930 core:AfterOneYear 2022-10-31 11535930 bus:EntityAccountantsOrAuditors 2021-11-01 2022-10-31 11535930 bus:OrdinaryShareClass1 2022-11-01 2023-10-31 11535930 bus:OrdinaryShareClass1 2023-10-31 11535930 bus:OrdinaryShareClass1 2021-11-01 2022-10-31 11535930 bus:OrdinaryShareClass1 2022-10-31 11535930 core:PlantMachinery 2022-11-01 2023-10-31 11535930 core:PlantMachinery 2023-10-31 11535930 core:PlantMachinery 2022-10-31 11535930 core:MotorCars 2022-11-01 2023-10-31 11535930 core:MotorCars 2023-10-31 11535930 core:MotorCars 2022-10-31 11535930 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2023-10-31 11535930 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2022-10-31 11535930 core:NetGoodwill 2022-11-01 2023-10-31 11535930 core:NetGoodwill 2023-10-31 11535930 core:NetGoodwill 2022-10-31 11535930 core:CostValuation core:Non-currentFinancialInstruments 2023-10-31 11535930 core:CostValuation core:Non-currentFinancialInstruments 2022-10-31 11535930 core:AdditionsToInvestments core:Non-currentFinancialInstruments 2023-10-31 11535930 core:DisposalsDecreaseInInvestments core:Non-currentFinancialInstruments 2023-10-31 11535930 core:RevaluationsIncreaseDecreaseInInvestments core:Non-currentFinancialInstruments 2023-10-31 11535930 core:Non-currentFinancialInstruments 2023-10-31 11535930 core:Non-currentFinancialInstruments 2022-10-31 11535930 core:ShareCapital 2023-10-31 11535930 core:ShareCapital 2022-10-31 11535930 core:RetainedEarningsAccumulatedLosses 2023-10-31 11535930 core:RetainedEarningsAccumulatedLosses 2022-10-31 11535930 dpl:Item1 2022-11-01 11535930 dpl:Item1 2023-10-31 11535930 dpl:Item1 2021-11-01 11535930 dpl:Item1 2022-10-31 iso4217:GBP xbrli:shares xbrli:pure
Registered Number: 11535930
England and Wales

 

 

 

H LIVING LIMITED


Unaudited Financial Statements
 


Period of accounts

Start date: 01 November 2022

End date: 31 October 2023
 
 
Notes
 
2023
£
  2022
£
Fixed assets      
Intangible fixed assets 3 184,127    222,263 
Tangible fixed assets 4 302,315    133,093 
486,442    355,356 
Current assets      
Stocks 5 572,048    445,300 
Debtors 6 938,538    850,588 
Cash at bank and in hand 163,047    99,234 
1,673,633    1,395,122 
Creditors: amount falling due within one year 7 (1,537,935)   (1,383,263)
Net current assets 135,698    11,859 
 
Total assets less current liabilities 622,140    367,215 
Creditors: amount falling due after more than one year 8 (238,544)   (145,623)
Provisions for liabilities 9 (56,550)   (24,202)
Net assets 327,046    197,390 
 

Capital and reserves
     
Called up share capital 10 1    1 
Profit and loss account 327,045    197,389 
Shareholders' funds 327,046    197,390 
 


For the year ended 31 October 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
  2. The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These 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 to the Registrar of Companies.
The financial statements were approved by the director on 29 July 2024 and were signed by:


-------------------------------
Mr H B Zahoor
Director
1
General Information
H Living Limited is a private company, limited by shares, registered in England and Wales, registration number 11535930. The registered office is Contemporary House, Tandem Industrial Estate, Huddersifled, HD5 0AL.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by Section 1A of the standard)
Going concern basis
The directors believe that the company is well placed to manage its business risks successfully. Accordingly, they have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the financial statements.
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Government grants
Government grants received are credited to deferred income. Grants towards capital expenditure are released to the income statement over the expected useful life of the assets. Grants received towards revenue expenditure are released to the income statement as the related expenditure is incurred.
Finance lease and hire purchase charges
The finance element of the rental payment is charged to the income statement on a straight line basis.
Research and development expenditure
Research and development expenditure is charged to the income statement in the period in which it is incurred.
Taxation
Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The companys liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted.
Deferred taxation
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the reporting date.
Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the reporting date 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.
Current and deferred tax assets and liabilities are not discounted.
Dividends
Proposed dividends are only included as liabilities in the statement of financial position when their payment has been approved by the shareholders prior to the statement of financial position date.
Intangible assets
Intangible assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight line basis over their estimated useful economic lives. Impairment of intangible assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.
Goodwill
Acquired goodwill is stated at cost less amortisation. Amortisation is calculated on a straight line basis over the estimated expected useful economic life of the goodwill of 10 years.
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Plant and Machinery 15% Reducing Balance
Motor Vehicles 25% Reducing Balance
Assets on finance lease and hire purchase
Assets held under finance lease or hire purchase contracts i.e. those contracts where substantially all the risks and rewards of ownership have passed to the company, are included in the appropriate category of tangible fixed assets and depreciated over the shorter of the lease term and their estimated expected useful lives.
Future obligations under such contracts are included in creditors net of the finance charge allocated to future periods.
Stocks
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
Provisions
Provisions are recognised when the company has a present obligation as a result of a past event which it is more probable than not will result in an outflow of economic benefits that can be reasonably estimated.
2.

Average number of employees

Average number of employees during the year was 36 (2022 : 34).
3.

Intangible fixed assets

Cost Goodwill   Total
  £   £
At 01 November 2022 381,346    381,346 
Additions  
Disposals  
At 31 October 2023 381,346    381,346 
Amortisation
At 01 November 2022 159,083    159,083 
Charge for year 38,136    38,136 
On disposals  
At 31 October 2023 197,219    197,219 
Net book values
At 31 October 2023 184,127    184,127 
At 31 October 2022 222,263    222,263 


4.

Tangible fixed assets

Cost or valuation Plant and Machinery   Motor Vehicles   Total
  £   £   £
At 01 November 2022 142,278    41,250    183,528 
Additions 195,549    1,950    197,499 
Disposals    
At 31 October 2023 337,827    43,200    381,027 
Depreciation
At 01 November 2022 37,857    12,578    50,435 
Charge for year 21,102    7,175    28,277 
On disposals    
At 31 October 2023 58,959    19,753    78,712 
Net book values
Closing balance as at 31 October 2023 278,868    23,447    302,315 
Opening balance as at 01 November 2022 104,421    28,672    133,093 


5.

Stocks

2023
£
  2022
£
Stocks 572,048    445,300 
572,048    445,300 

6.

Debtors: amounts falling due within one year

2023
£
  2022
£
Trade Debtors 659,020    631,077 
Other Debtors 279,518    219,511 
938,538    850,588 

7.

Creditors: amount falling due within one year

2023
£
  2022
£
Trade Creditors 840,353    857,464 
Bank Loans & Overdrafts 273,173    248,864 
Taxation and Social Security 306,843    257,837 
Obligations under HP/Financial Leases   12,531 
Other Creditors 117,566    6,567 
1,537,935    1,383,263 

8.

Creditors: amount falling due after more than one year

2023
£
  2022
£
Bank Loans & Overdrafts 130,544    140,800 
Obligations under HP/Financial Leases 108,000    4,823 
238,544    145,623 
Security note
The bank loan and overdraft is secured against the assets of the company.

The short and long term hire purchase liabilities are secured against the assets of the company that they relate to.

9.

Provisions for liabilities

2023
£
  2022
£
Deferred Tax 56,550    24,202 
56,550    24,202 

10.

Share Capital

Allotted, called up and fully paid
2023
£
  2022
£
1 Ordinary share of £1.00 each  
 

2