Housework Purple Hands Ltd
Registered number: 04326849
Statement of Financial Position
as at 31 March 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 56 75
Current assets
Debtors 4 361 339
Cash at bank and in hand 2,227 1,851
2,588 2,190
Creditors: amounts falling due within one year 5 (2,611) (2,214)
Net current liabilities (23) (24)
Net assets 33 51
Capital and reserves
Called up share capital 1 1
Profit and loss account 32 50
Shareholder's funds 33 51
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Ms E Green
Director
Approved by the board on 22 August 2024
Housework Purple Hands Ltd
Notes to the Accounts
for the year ended 31 March 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102 Section 1a small entities, the financial reporting standard applicable in the UK and the Republic of Ireland.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the rendering of services. 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
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Plant and machinery 25% reducing balance
Debtors
Short term debtors are measured at transaction price, less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price. Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
2 Employees and directors 2024 2023
Number Number
Average number of directors and persons employed by the company 2 2
3 Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 April 2023 100
At 31 March 2024 100
Depreciation
At 1 April 2023 25
Charge for the year 19
At 31 March 2024 44
Net book value
At 31 March 2024 56
At 31 March 2023 75
4 Debtors 2024 2023
£ £
Trade debtors 135 150
Prepayments 209 172
Other debtors 17 17
361 339
5 Creditors: amounts falling due within one year 2024 2023
£ £
Trade creditors 169 31
Accruals 1,080 1,038
Corporation tax 200 133
Other creditors 1,162 1,012
2,611 2,214
6 Other information
Housework Purple Hands Ltd is a private company limited by shares and incorporated in England. Its registered office is:
269 Farnborough Road
Farnborough
Hampshire
GU14 7LY
Housework Purple Hands Ltd 04326849 false 2023-04-01 2024-03-31 2024-03-31 VT Final Accounts April 2024 Ms E Green No description of principal activity 04326849 2022-04-01 2023-03-31 04326849 core:WithinOneYear 2023-03-31 04326849 core:ShareCapital 2023-03-31 04326849 core:RetainedEarningsAccumulatedLosses 2023-03-31 04326849 2023-04-01 2024-03-31 04326849 bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 04326849 bus:AuditExemptWithAccountantsReport 2023-04-01 2024-03-31 04326849 bus:Director40 2023-04-01 2024-03-31 04326849 1 2023-04-01 2024-03-31 04326849 2 2023-04-01 2024-03-31 04326849 core:PlantMachinery 2023-04-01 2024-03-31 04326849 countries:England 2023-04-01 2024-03-31 04326849 bus:FRS102 2023-04-01 2024-03-31 04326849 bus:FilletedAccounts 2023-04-01 2024-03-31 04326849 2024-03-31 04326849 core:WithinOneYear 2024-03-31 04326849 core:ShareCapital 2024-03-31 04326849 core:RetainedEarningsAccumulatedLosses 2024-03-31 04326849 core:PlantMachinery 2024-03-31 04326849 2023-03-31 04326849 core:PlantMachinery 2023-03-31 iso4217:GBP xbrli:pure