1 January 2023 false No description of principal activity Taxfiler 2024.5 03955339business:PrivateLimitedCompanyLtd2023-01-012023-12-31 039553392022-12-31 039553392023-01-012023-12-31 03955339business:AuditExemptWithAccountantsReport2023-01-012023-12-31 03955339business:FilletedAccounts2023-01-012023-12-31 039553392023-12-31 03955339business:Director12023-01-012023-12-31 03955339business:RegisteredOffice2023-01-012023-12-31 039553392022-12-31 03955339core:WithinOneYear2023-12-31 03955339core:WithinOneYear2022-12-31 03955339core:AfterOneYear2023-12-31 03955339core:AfterOneYear2022-12-31 03955339core:ShareCapitalcore:PreviouslyStatedAmount2023-12-31 03955339core:ShareCapitalcore:PreviouslyStatedAmount2022-12-31 03955339core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-12-31 03955339core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-12-31 03955339core:PreviouslyStatedAmount2023-12-31 03955339core:PreviouslyStatedAmount2022-12-31 03955339business:SmallEntities2023-01-012023-12-31 03955339countries:EnglandWales2023-01-012023-12-31 03955339core:PlantMachinery2023-01-012023-12-31 03955339core:MotorVehicles2023-01-012023-12-31 03955339core:FurnitureFittings2023-01-012023-12-31 03955339core:ComputerEquipment2023-01-012023-12-31 03955339core:PlantMachinery2022-12-31 03955339core:MotorVehicles2022-12-31 03955339core:FurnitureFittings2022-12-31 03955339core:ComputerEquipment2022-12-31 03955339core:PlantMachinery2023-12-31 03955339core:MotorVehicles2023-12-31 03955339core:FurnitureFittings2023-12-31 03955339core:ComputerEquipment2023-12-31 039553392022-01-012022-12-31 iso4217:GBP xbrli:pure
Company Registration No. 03955339 (England and Wales)
Hungry Eye Limited Unaudited accounts for the year ended 31 December 2023
Hungry Eye Limited Unaudited accounts Contents
Page
- 2 -
Hungry Eye Limited Company Information for the year ended 31 December 2023
Director
Matthew Green
Company Number
03955339 (England and Wales)
Registered Office
OLD SCHOOL HOUSE CHURCH ROAD COLATON RALEIGH SIDMOUTH EX10 0LL ENGLAND
Accountants
Brambillow Accounting Ltd Brookhouse Cranoe Road Welham Leicestershire LE16 7UH
- 3 -
Hungry Eye Limited Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
54,005 
45,579 
Current assets
Debtors
12,356 
64,646 
Cash at bank and in hand
1,363 
10,648 
13,719 
75,294 
Creditors: amounts falling due within one year
(24,346)
(52,637)
Net current (liabilities)/assets
(10,627)
22,657 
Total assets less current liabilities
43,378 
68,236 
Creditors: amounts falling due after more than one year
(21,667)
(72,285)
Provisions for liabilities
Deferred tax
(10,261)
(8,660)
Net assets/(liabilities)
11,450 
(12,709)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
11,350 
(12,809)
Shareholders' funds
11,450 
(12,709)
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 23 September 2024 and were signed on its behalf by
Matthew Green Director Company Registration No. 03955339
- 4 -
Hungry Eye Limited Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
Hungry Eye Limited is a private company, limited by shares, registered in England and Wales, registration number 03955339. The registered office is OLD SCHOOL HOUSE CHURCH ROAD, COLATON RALEIGH, SIDMOUTH, EX10 0LL, ENGLAND.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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
15% on cost
Motor vehicles
20% on cost
Fixtures & fittings
10% on cost
Computer equipment
33% on cost
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
- 5 -
Hungry Eye Limited Notes to the Accounts for the year ended 31 December 2023
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 January 2023
247,225 
13,503 
3,186 
4,492 
268,406 
Additions
23,046 
- 
2,797 
1,198 
27,041 
Disposals
(19,710)
- 
- 
- 
(19,710)
At 31 December 2023
250,561 
13,503 
5,983 
5,690 
275,737 
Depreciation
At 1 January 2023
202,743 
13,503 
2,520 
4,061 
222,827 
Charge for the year
17,017 
- 
469 
609 
18,095 
On disposals
(19,190)
- 
- 
- 
(19,190)
At 31 December 2023
200,570 
13,503 
2,989 
4,670 
221,732 
Net book value
At 31 December 2023
49,991 
- 
2,994 
1,020 
54,005 
At 31 December 2022
44,482 
- 
666 
431 
45,579 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
VAT
128 
- 
Trade debtors
4,825 
17,796 
Accrued income and prepayments
885 
2,123 
Other debtors
6,518 
44,727 
12,356 
64,646 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
19,019 
30,139 
VAT
- 
8,112 
Trade creditors
136 
3,511 
Taxes and social security
- 
10,536 
Other creditors
136 
- 
Loans from directors
2,753 
- 
Accruals
2,302 
339 
24,346 
52,637 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
21,667 
37,000 
Other creditors
- 
35,285 
21,667 
72,285 
- 6 -
Hungry Eye Limited Notes to the Accounts for the year ended 31 December 2023
8
Transactions with related parties
At 31 December 2023, £2,753 was repayable by the Company to the Director (2022: an amount of £44,727 was due from the Director to the Company). The following conditions are attached to all amounts due or owing: (1) interest is not charged on any amounts outstanding; (2) No fixed date has been set for the amount to be repaid by the Company.
9
Average number of employees
During the year the average number of employees was 2 (2022: 2).
- 7 -