IRIS Accounts Production v24.1.4.33 14016213 Board of Directors Board of Directors 1.4.23 31.3.24 31.3.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh140162132023-03-31140162132024-03-31140162132023-04-012024-03-31140162132022-03-30140162132022-03-312023-03-31140162132023-03-3114016213ns15:EnglandWales2023-04-012024-03-3114016213ns14:PoundSterling2023-04-012024-03-3114016213ns10:Director12023-04-012024-03-3114016213ns10:Director22023-04-012024-03-3114016213ns10:PrivateLimitedCompanyLtd2023-04-012024-03-3114016213ns10:SmallEntities2023-04-012024-03-3114016213ns10:AuditExempt-NoAccountantsReport2023-04-012024-03-3114016213ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-3114016213ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3114016213ns10:FullAccounts2023-04-012024-03-3114016213ns10:RegisteredOffice2023-04-012024-03-3114016213ns5:CurrentFinancialInstruments2024-03-3114016213ns5:CurrentFinancialInstruments2023-03-3114016213ns5:Non-currentFinancialInstruments2024-03-3114016213ns5:Non-currentFinancialInstruments2023-03-3114016213ns5:ShareCapital2024-03-3114016213ns5:ShareCapital2023-03-3114016213ns5:RetainedEarningsAccumulatedLosses2024-03-3114016213ns5:RetainedEarningsAccumulatedLosses2023-03-3114016213ns5:MotorVehicles2023-04-012024-03-3114016213ns5:ComputerEquipment2023-04-012024-03-3114016213ns5:MotorVehicles2023-03-3114016213ns5:ComputerEquipment2023-03-3114016213ns5:MotorVehicles2024-03-3114016213ns5:ComputerEquipment2024-03-3114016213ns5:MotorVehicles2023-03-3114016213ns5:ComputerEquipment2023-03-31
REGISTERED NUMBER: 14016213 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

FOR

HAMPSHIRE EXECUTIVE CHAUFFEURS LIMITED

HAMPSHIRE EXECUTIVE CHAUFFEURS LIMITED (REGISTERED NUMBER: 14016213)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


HAMPSHIRE EXECUTIVE CHAUFFEURS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







Directors: Mr R Hanna
Mrs T S Hanna





Registered office: 28a Home Rule Road
Locks Heath
Southampton
Hampshire
SO31 6LG





Registered number: 14016213 (England and Wales)





Accountants: M Squared Accounting Ltd
Botley Mills
Mill Hill
Botley
Southampton
Hampshire
SO30 2GB

HAMPSHIRE EXECUTIVE CHAUFFEURS LIMITED (REGISTERED NUMBER: 14016213)

BALANCE SHEET
31 MARCH 2024

2024 2023
Notes £    £    £    £   
Fixed assets
Tangible assets 4 102,701 83,131

Current assets
Debtors 5 3,075 2,148
Cash at bank 27,271 21,226
30,346 23,374
Creditors
Amounts falling due within one year 6 109,410 99,837
Net current liabilities (79,064 ) (76,463 )
Total assets less current liabilities 23,637 6,668

Creditors
Amounts falling due after more than one
year

7

23,331

-
Net assets 306 6,668

Capital and reserves
Called up share capital 100 100
Retained earnings 206 6,568
306 6,668

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

HAMPSHIRE EXECUTIVE CHAUFFEURS LIMITED (REGISTERED NUMBER: 14016213)

BALANCE SHEET - continued
31 MARCH 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 5 September 2024 and were signed on its behalf by:




Mr R Hanna - Director



Mrs T S Hanna - Director


HAMPSHIRE EXECUTIVE CHAUFFEURS LIMITED (REGISTERED NUMBER: 14016213)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1. STATUTORY INFORMATION

Hampshire Executive Chauffeurs Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

HAMPSHIRE EXECUTIVE CHAUFFEURS LIMITED (REGISTERED NUMBER: 14016213)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

4. TANGIBLE FIXED ASSETS
Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 April 2023 110,842 - 110,842
Additions 74,996 2,368 77,364
Disposals (31,078 ) - (31,078 )
At 31 March 2024 154,760 2,368 157,128
DEPRECIATION
At 1 April 2023 27,711 - 27,711
Charge for year 33,705 781 34,486
Eliminated on disposal (7,770 ) - (7,770 )
At 31 March 2024 53,646 781 54,427
NET BOOK VALUE
At 31 March 2024 101,114 1,587 102,701
At 31 March 2023 83,131 - 83,131

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 3,075 2,148

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Hire purchase contracts 9,999 -
Tax 8,194 7,415
Social security and other taxes 19 -
VAT 3,951 3,138
Directors' current accounts 78,063 79,904
Accrued expenses 9,184 9,380
109,410 99,837

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Hire purchase contracts 23,331 -