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REGISTERED NUMBER: 06778373 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST DECEMBER 2023

FOR

H.L.B. DECORATORS LTD

H.L.B. DECORATORS LTD (REGISTERED NUMBER: 06778373)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31st December 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


H.L.B. DECORATORS LTD

COMPANY INFORMATION
for the Year Ended 31st December 2023







DIRECTOR: C T Burt





REGISTERED OFFICE: 45 Teagues Crescent
Trench
Telford
Shropshire
TF2 6RF





REGISTERED NUMBER: 06778373 (England and Wales)





ACCOUNTANTS: D E Ball & Co Limited
Chartered Accountants
15 Bridge Road
Wellington
Telford
Shropshire
TF1 1EB

H.L.B. DECORATORS LTD (REGISTERED NUMBER: 06778373)

BALANCE SHEET
31st December 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 5,613 7,476

CURRENT ASSETS
Debtors 5 33,038 58,006
Cash at bank 180 678
33,218 58,684
CREDITORS
Amounts falling due within one year 6 11,536 33,426
NET CURRENT ASSETS 21,682 25,258
TOTAL ASSETS LESS CURRENT
LIABILITIES

27,295

32,734

CAPITAL AND RESERVES
Called up share capital 20 20
Retained earnings 27,275 32,714
SHAREHOLDERS' FUNDS 27,295 32,734

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 16th July 2024 and were signed by:




C T Burt - Director


H.L.B. DECORATORS LTD (REGISTERED NUMBER: 06778373)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31st December 2023

1. STATUTORY INFORMATION

H.l.b. Decorators Ltd 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.
Plant and machinery - 20% on reducing balance
Motor vehicles - 25% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

H.L.B. DECORATORS LTD (REGISTERED NUMBER: 06778373)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31st December 2023

4. TANGIBLE FIXED ASSETS
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 1st January 2023
and 31st December 2023 2,744 19,952 22,696
DEPRECIATION
At 1st January 2023 2,624 12,596 15,220
Charge for year 24 1,839 1,863
At 31st December 2023 2,648 14,435 17,083
NET BOOK VALUE
At 31st December 2023 96 5,517 5,613
At 31st December 2022 120 7,356 7,476

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Other debtors 33,038 58,006

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Hire purchase contracts - 2,297
Taxation and social security 8,049 28,423
Other creditors 3,487 2,706
11,536 33,426

7. SECURED DEBTS

The following secured debts are included within creditors:

31.12.23 31.12.22
£    £   
Hire purchase contracts - 2,297

8. ULTIMATE CONTROLLING PARTY

The controlling party is C T Burt.