Company Registration No. 08454602 (England and Wales)
Hartley and Soul Limited
Unaudited accounts
for the period from 1 April 2023 to 31 January 2024
Hartley and Soul Limited
Unaudited accounts
Contents
Hartley and Soul Limited
Company Information
for the period from 1 April 2023 to 31 January 2024
Company Number
08454602 (England and Wales)
Registered Office
128 City Road
London
EC1V 2NX
United Kingdom
Accountants
Yukimi Rabnott FCPFA for and on behalf of
On The Spot
Trading Name of Carson Rabnott Limited
EC2Y 8BY
Hartley and Soul Limited
Statement of financial position
as at 31 January 2024
Tangible assets
1,720
2,535
Cash at bank and in hand
2,234
2,200
Creditors: amounts falling due within one year
(27,965)
(18,026)
Net current liabilities
(23,831)
(12,097)
Net liabilities
(22,111)
(9,562)
Called up share capital
50
50
Profit and loss account
(22,161)
(9,612)
Shareholders' funds
(22,111)
(9,562)
For the period ending 31 January 2024 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 23 July 2024 and were signed on its behalf by
Marianne Hartley
Director
Company Registration No. 08454602
Hartley and Soul Limited
Notes to the Accounts
for the period from 1 April 2023 to 31 January 2024
Hartley and Soul Limited is a private company, limited by shares, registered in England and Wales, registration number 08454602. The registered office is 128 City Road, London, EC1V 2NX, United Kingdom.
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 period, and also have been consistently applied within the same accounts.
The directors continue to support Hartley and Soul Limited and have therefore continued to adopt the going concern basis of accounting.
The accounts are presented in £ sterling.
Revenue, described as turnover, is the value of goods (net of VAT) provided to customers during the year, plus the value of work (net of VAT) performed during the year with respect to services.
Revenue is recognised on the sale of goods when the goods are delivered and title has passed. Revenue is recognised on the provision of services on a percentage degree of completion basis calculated by reference to the time expended compared to the total anticipated time.
Stock, described as inventories, is valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. Cost includes any expenditure incurred in bringing the stock to its present location and condition.
A "first in first out" basis is used. Borrowing costs are not capitalised. Where consignment stock is in substance an asset of the company, it is recognised as such on the balance sheet.
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
three years straight line
Hartley and Soul Limited
Notes to the Accounts
for the period from 1 April 2023 to 31 January 2024
4
Tangible fixed assets
Computer equipment
Amounts falling due within one year
Accrued income and prepayments
146
-
6
Creditors: amounts falling due within one year
2024
2023
Loans from directors
27,690
17,741
7
Transactions with related parties
There were no material transactions with directors and shareholders that were not conducted under normal market conditions. The amounts owed to the directors are included within creditors. The balances are payable on demand and no interest is charged.
8
Average number of employees
During the period the average number of employees was 0 (2023: 0).