Company Registration No. 05519013 (England and Wales)
Hiltongrove Mastering Limited
Unaudited accounts
for the year ended 31 December 2023
Hiltongrove Mastering Limited
Unaudited accounts
Contents
Hiltongrove Mastering Limited
Company Information
for the year ended 31 December 2023
Company Number
05519013 (England and Wales)
Registered Office
Unit 2 Gallows Green Industrial Estate
Gallows Green
Dunmow
Essex
CM6 3QS
United Kingdmom
Hiltongrove Mastering Limited
Statement of financial position
as at 31 December 2023
Tangible assets
13,146
9,450
Cash at bank and in hand
28,443
26,611
Creditors: amounts falling due within one year
(12,742)
(12,944)
Net current assets
22,645
19,899
Total assets less current liabilities
35,791
29,349
Provisions for liabilities
Deferred tax
(2,497)
(1,795)
Called up share capital
1,000
1,000
Profit and loss account
32,294
26,554
Shareholders' funds
33,294
27,554
For the year ending 31 December 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 31 August 2024 and were signed on its behalf by
David Blackman
Director
Company Registration No. 05519013
Hiltongrove Mastering Limited
Notes to the Accounts
for the year ended 31 December 2023
Hiltongrove Mastering Limited is a private company, limited by shares, registered in England and Wales, registration number 05519013. The registered office is Unit 2 Gallows Green Industrial Estate, Gallows Green, Dunmow, Essex, CM6 3QS, United Kingdmom.
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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.
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
25% Reducing Balance
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.
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Tangible fixed assets
Plant & machinery
At 31 December 2023
109,495
At 31 December 2023
96,349
At 31 December 2023
13,146
Hiltongrove Mastering Limited
Notes to the Accounts
for the year ended 31 December 2023
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
8,125
6,745
Loans from directors
-
325
As at 31 December 2023, an amount of £0 was owed to the director, Mr D Blackman. (2022 : £325) All loans have been provided interest free and repayable on demand.
8
Average number of employees
During the year the average number of employees was 2 (2022: 2).