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REGISTERED NUMBER: 07840265 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 November 2023

for

H.D Innovations Limited

H.D Innovations Limited (Registered number: 07840265)






Contents of the Financial Statements
for the Year Ended 30 November 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


H.D Innovations Limited

Company Information
for the Year Ended 30 November 2023







DIRECTOR: L Jones





REGISTERED OFFICE: Building 6000 Langstone Technology Park
Langstone Road
Havant
Hampshire
PO9 1SA





REGISTERED NUMBER: 07840265 (England and Wales)





ACCOUNTANTS: AM-PM Accounting Solutions Limited
Building 6000
Langstone Technology Park
Langstone Road
Havant
Hampshire
PO9 1SA

H.D Innovations Limited (Registered number: 07840265)

Balance Sheet
30 November 2023

30.11.23 30.11.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 18,973 24,880

CURRENT ASSETS
Debtors 5 18,679 16,992
Cash at bank 11,810 12,145
30,489 29,137
CREDITORS
Amounts falling due within one year 6 22,728 17,706
NET CURRENT ASSETS 7,761 11,431
TOTAL ASSETS LESS CURRENT
LIABILITIES

26,734

36,311

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 26,733 36,310
SHAREHOLDERS' FUNDS 26,734 36,311

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 2 May 2024 and were signed by:



L Jones - Director


H.D Innovations Limited (Registered number: 07840265)

Notes to the Financial Statements
for the Year Ended 30 November 2023

1. STATUTORY INFORMATION

H.D Innovations 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.

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 sales of goods and services invoiced in the period, excluding value added tax.

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
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

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

Current or deferred taxation assets and liabilities are not discounted.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 1 ) .

H.D Innovations Limited (Registered number: 07840265)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2023

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 December 2022 8,340 167 76,934 12,444 97,885
Additions - - - 417 417
At 30 November 2023 8,340 167 76,934 12,861 98,302
DEPRECIATION
At 1 December 2022 6,325 73 55,087 11,520 73,005
Charge for year 503 23 5,464 334 6,324
At 30 November 2023 6,828 96 60,551 11,854 79,329
NET BOOK VALUE
At 30 November 2023 1,512 71 16,383 1,007 18,973
At 30 November 2022 2,015 94 21,847 924 24,880

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Other debtors 18,679 16,992

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Trade creditors 24 -
Taxation and social security 18,958 15,484
Other creditors 3,746 2,222
22,728 17,706

7. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 November 2023 and 30 November 2022:

30.11.23 30.11.22
£    £   
L Jones
Balance outstanding at start of year (347 ) (454 )
Amounts advanced (1,454 ) 59,561
Amounts repaid - (59,454 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (1,801 ) (347 )

H.D Innovations Limited (Registered number: 07840265)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2023

7. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES - continued

This loan is provided interest free and repayable on demand.

8. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is L Jones.