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REGISTERED NUMBER: 01219611 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2023

for

Hindfine Limited
T/A
Marshall Catering Equipment

Hindfine Limited (Registered number: 01219611)
T/A Marshall Catering Equipment






Contents of the Financial Statements
for the Year Ended 31 December 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Hindfine Limited
T/A Marshall Catering Equipment

Company Information
for the Year Ended 31 December 2023







DIRECTORS: T J Skinner
J Skinner





REGISTERED OFFICE: Unit 8, Marrtree Business Park
St James Business Park
Knaresborough
HG5 8FA





REGISTERED NUMBER: 01219611 (England and Wales)





ACCOUNTANTS: Charles Stewart & Co Limited
Chartered Accountants
3 Park Square
Leeds
LS1 2NE

Hindfine Limited (Registered number: 01219611)
T/A Marshall Catering Equipment

Balance Sheet
31 December 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 41,508 46,151

CURRENT ASSETS
Stocks 222,500 222,500
Debtors 5 159,567 153,862
Cash at bank and in hand 33,479 6,507
415,546 382,869
CREDITORS
Amounts falling due within one year 6 398,570 312,760
NET CURRENT ASSETS 16,976 70,109
TOTAL ASSETS LESS CURRENT
LIABILITIES

58,484

116,260

CREDITORS
Amounts falling due after more than one
year

7

40,677

110,434
NET ASSETS 17,807 5,826

CAPITAL AND RESERVES
Called up share capital 8 2,750 2,750
Capital redemption reserve 2,250 2,250
Retained earnings 12,807 826
SHAREHOLDERS' FUNDS 17,807 5,826

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 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.

Hindfine Limited (Registered number: 01219611)
T/A Marshall Catering Equipment

Balance Sheet - continued
31 December 2023


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 April 2024 and were signed on its behalf by:





T J Skinner - Director


Hindfine Limited (Registered number: 01219611)
T/A Marshall Catering Equipment

Notes to the Financial Statements
for the Year Ended 31 December 2023

1. STATUTORY INFORMATION

Hindfine 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 represents amounts receivable for goods and services net of VAT and trade discounts, except in respect of service contracts where turnover is recognised when the company obtains the right to consideration.

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 etc - 33% on reducing balance and 10% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Pension costs and other post-retirement benefits
The company operates defined contribution pension schemes. Contributions payable for the year are charged in the profit and loss account.

Leasing
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.

Hindfine Limited (Registered number: 01219611)
T/A Marshall Catering Equipment

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2022 - 5 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2023 122,032
Additions 70
At 31 December 2023 122,102
DEPRECIATION
At 1 January 2023 75,881
Charge for year 4,713
At 31 December 2023 80,594
NET BOOK VALUE
At 31 December 2023 41,508
At 31 December 2022 46,151

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 157,379 152,333
Sundry debtors and prepayments 2,188 1,529
159,567 153,862

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Loan creditor 49,552 49,552
Trade creditors 310,264 202,428
Corporation tax 21,655 22,021
Social security and other taxes 10,404 32,064
Sundry creditors & accruals 6,695 6,695
398,570 312,760

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Loan creditor 40,078 78,049
Directors' loan account 599 32,385
40,677 110,434

Hindfine Limited (Registered number: 01219611)
T/A Marshall Catering Equipment

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
2,475 Ordinary A £1 2,475 2,475
275 Ordinary B £1 275 275
2,750 2,750

9. ULTIMATE CONTROLLING PARTY

The company is controlled by Mr TJ Skinner.