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Registered Number: 11777852
England and Wales

 

 

 

HANDY HOME IMPROVEMENTS LTD


Abridged Accounts
 


Period of accounts

Start date: 01 February 2023

End date: 31 January 2024
  2024   2023
    £ £   £ £
Fixed assets   10,269      11,462 
Current assets 16,787      3,174   
Creditors: amount falling due within one year (38,865)     (19,303)  
Net current assets   (22,078)     (16,129)
Total assets less current liabilities   (11,809)     (4,667)
Creditors: amount falling due after more than one year   (14,054)     (3,346)
Net assets   (25,863)     (8,013)
 

         
Capital and reserves   (25,863)     (8,013)
 
NOTES TO THE ACCOUNTS

General Information
Handy Home Improvements Ltd is a private company, limited by shares, registered in England and Wales, registration number 11777852, registration address 57 The Crescent, Stanley Common, Ilkeston, Derbyshire, DE7 6GL.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 105 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.
The financial statements are prepared in sterling which is the functional currency of the company.
Finance lease and hire purchase charges
The finance element of the rental payment is charged to the income statement on a straight line basis.
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Motor Vehicles 20% Reducing Balance
Office Equipment 15% Reducing Balance
Tools & Equipment 15% Reducing Balance
2.

Tangible fixed assets

Cost or valuation Motor Vehicles   Office Equipment   Tools & Equipment   Total
  £   £   £   £
At 01 February 2023 20,680    682    1,877    23,239 
Additions     1,172    1,172 
Disposals      
At 31 January 2024 20,680    682    3,049    24,411 
Depreciation
At 01 February 2023 11,280    102    395    11,777 
Charge for year 1,880    87    398    2,365 
On disposals      
At 31 January 2024 13,160    189    793    14,142 
Net book values
Closing balance as at 31 January 2024 7,520    493    2,256    10,269 
Opening balance as at 01 February 2023 9,400    580    1,482    11,462 


3.

Average number of employees

Average number of employees during the year was 3 (2023 : 2).


For the year ended 31 January 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's Responsibilities:
The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.

The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the micro-entity provisions and FRS 105, the Financial Reporting Standard applicable to the micro-entities regime. The accounts have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The income statement has not been delivered to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts.
The financial statements were approved by the director on 17 October 2024 and were signed by:


--------------------------------
Daniel Anthony Brown
Director
1