Company Registration No. 09309768 (England and Wales)
Habitat4U Ltd
Unaudited accounts
for the year ended 30 November 2023
Habitat4U Ltd
Unaudited accounts
Contents
Habitat4U Ltd
Company Information
for the year ended 30 November 2023
Company Number
09309768 (England and Wales)
Registered Office
144-146 RANDOLPH AVENUE
RANDOLPH AVENUE
LONDON
W9 1PG
Accountants
The Pangolin UK Consulting Ltd
128 City Road
London
EC1V 2NX
Habitat4U Ltd
Statement of financial position
as at 30 November 2023
Tangible assets
11,989
15,055
Cash at bank and in hand
88,824
58,041
Creditors: amounts falling due within one year
(423,760)
(315,298)
Net current liabilities
(219,870)
(143,509)
Total assets less current liabilities
(207,881)
(128,454)
Creditors: amounts falling due after more than one year
(42,223)
(55,602)
Net liabilities
(250,104)
(184,056)
Called up share capital
10,000
10,000
Profit and loss account
(260,104)
(194,056)
Shareholders' funds
(250,104)
(184,056)
For the year ending 30 November 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 30 August 2024 and were signed on its behalf by
Harold Ezenwa
Director
Company Registration No. 09309768
Habitat4U Ltd
Notes to the Accounts
for the year ended 30 November 2023
Habitat4U Ltd is a private company, limited by shares, registered in England and Wales, registration number 09309768. The registered office is 144-146 RANDOLPH AVENUE, RANDOLPH AVENUE, LONDON, W9 1PG.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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 and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
15% on cost
Motor vehicles
20% on cost
Fixtures & fittings
33% on cost
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 December 2022
6,383
3,000
38,152
47,535
Additions
2,857
-
1,791
4,648
At 30 November 2023
9,240
3,000
39,943
52,183
At 1 December 2022
4,604
300
27,576
32,480
Charge for the year
891
600
6,223
7,714
At 30 November 2023
5,495
900
33,799
40,194
At 30 November 2023
3,745
2,100
6,144
11,989
At 30 November 2022
1,779
2,700
10,576
15,055
Habitat4U Ltd
Notes to the Accounts
for the year ended 30 November 2023
Amounts falling due within one year
Other debtors
114,766
91,448
Amounts falling due after more than one year
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
13,379
13,057
Taxes and social security
50,079
71,571
Other creditors
5,594
3,542
7
Creditors: amounts falling due after more than one year
2023
2022
Allotted, called up and fully paid:
1,000 Ordinary shares of £10 each
10,000
10,000
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Overdrawn directors loan account
66,603
25,617
6,253
85,967
66,603
25,617
6,253
85,967
During the prior period the company made advances to the director amounting to £66,603. In the current year, the company made further advances to the director amounting to £25,617 and the director repaid £6,253, resulting in the director owing the company £85,967 at year end. This loan is repayable on demand and interest has been charged on the loan at the rate of 2.25%.
10
Average number of employees
During the year the average number of employees was 1 (2022: 2).