Registered number
08489261
Hildon (SW) Limited
Filleted Accounts
30 April 2024
Hildon (SW) Limited
Registered number: 08489261
Balance Sheet
as at 30 April 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 2,274 417
Current assets
Stocks 156,416 156,416
Debtors 4 124 329
Cash at bank and in hand 203 203
156,743 156,948
Creditors: amounts falling due within one year 5 (162,969) (158,870)
Net current liabilities (6,226) (1,922)
Net liabilities (3,952) (1,505)
Capital and reserves
Called up share capital 120 120
Profit and loss account (4,072) (1,625)
Shareholders' funds (3,952) (1,505)
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their 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 and delivered 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.
G Neale
Director
Approved by the board on 9 September 2024
Hildon (SW) Limited
Notes to the Accounts
for the year ended 30 April 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
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 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 over 5 years
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice 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.
Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 2 2
3 Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 May 2023 521
Additions 2,452
At 30 April 2024 2,973
Depreciation
At 1 May 2023 104
Charge for the year 595
At 30 April 2024 699
Net book value
At 30 April 2024 2,274
At 30 April 2023 417
4 Debtors 2024 2023
£ £
Other debtors 124 329
5 Creditors: amounts falling due within one year 2024 2023
£ £
Trade creditors 412 348
Other creditors 162,557 158,522
162,969 158,870
6 Controlling party
The company is controlled by G Neale and H Durbin.
7 Other information
Hildon (SW) Limited is a private company limited by shares and incorporated in England. Its registered office is:
16 Avon Wharf
Bridge Street
Christchurch
Dorset
BH23 1DJ
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