Company No:
Contents
DIRECTOR | Philippe Fauveder |
REGISTERED OFFICE | The St Botolph Building 138 |
Houndsditch | |
London | |
EC3A 7AR | |
United Kingdom |
COMPANY NUMBER | 04081667 (England and Wales) |
AUDITOR | Dixon Wilson Audit Services LLP |
22 Chancery Lane | |
London | |
WC2A 1LS |
Note | 2023 | 2022 | ||
€ | € | |||
Fixed assets | ||||
Tangible assets | 3 |
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525,487 | 521,867 | |||
Current assets | ||||
Debtors | 4 |
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718 | 718 | |||
Creditors: amounts falling due within one year | 5 | (
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Net current liabilities | (873,194) | (827,957) | ||
Total assets less current liabilities | (347,707) | (306,090) | ||
Net liabilities | (
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Capital and reserves | ||||
Called-up share capital |
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Profit and loss account | (
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Total shareholders' deficit | (
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The financial statements of Hoshi Sailing Limited (registered number:
Philippe Fauveder
Director |
The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.
Hoshi Sailing Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is The St Botolph Building 138, Houndsditch, London, EC3A 7AR, United Kingdom.
The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.
The financial statements are presented in euros which is the functional currency of the Company and rounded to the nearest €.
The director has assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The financial statements have been prepared on a going concern basis. The director notes that the business has net liabilities of €347,707. The Company is supported through loans from the Parent Company. The director has received assurances that the loan facilities will continue to be available for at least 12 months from the date of signing these financial statements and the Parent Company will continue to support the Company. After making enquiries, the director believes that any foreseeable debts can be met for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.
Plant and machinery etc. | not depreciated |
Financial instruments are classified and accounted for, according to the substance of the contractual arrangements, as financial assets, liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.
2023 | 2022 | ||
Number | Number | ||
Monthly average number of persons employed by the Company during the year, including the director |
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Plant and machinery etc. | Total | ||
€ | € | ||
Cost | |||
At 01 November 2022 |
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Additions |
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At 31 October 2023 |
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Accumulated depreciation | |||
At 01 November 2022 |
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At 31 October 2023 |
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Net book value | |||
At 31 October 2023 |
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At 31 October 2022 |
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2023 | 2022 | ||
€ | € | ||
Other debtors |
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2023 | 2022 | ||
€ | € | ||
Amounts owed to Group undertakings |
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Other creditors |
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The audit report was signed by Steven Wakefield on 31 July 2024 on behalf of Dixon Wilson Audit Services LLP.
Parent Company:
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The registered office is Centre d'affairs ICARE, Bâtiment E, 44550 Montoir de Bretagne, France. |