IRIS Accounts Production v24.3.0.553 06899586 Board of Directors 1.2.23 31.1.24 31.1.24 false true false false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh068995862023-01-31068995862024-01-31068995862023-02-012024-01-31068995862022-01-31068995862022-02-012023-01-31068995862023-01-3106899586ns15:EnglandWales2023-02-012024-01-3106899586ns14:PoundSterling2023-02-012024-01-3106899586ns10:Director12023-02-012024-01-3106899586ns10:PrivateLimitedCompanyLtd2023-02-012024-01-3106899586ns10:SmallEntities2023-02-012024-01-3106899586ns10:AuditExempt-NoAccountantsReport2023-02-012024-01-3106899586ns10:SmallCompaniesRegimeForDirectorsReport2023-02-012024-01-3106899586ns10:SmallCompaniesRegimeForAccounts2023-02-012024-01-3106899586ns10:FullAccounts2023-02-012024-01-310689958612023-02-012024-01-3106899586ns10:OrdinaryShareClass12023-02-012024-01-3106899586ns10:Director22023-02-012024-01-3106899586ns10:Director32023-02-012024-01-3106899586ns10:RegisteredOffice2023-02-012024-01-3106899586ns5:CurrentFinancialInstruments2024-01-3106899586ns5:CurrentFinancialInstruments2023-01-3106899586ns5:ShareCapital2024-01-3106899586ns5:ShareCapital2023-01-3106899586ns5:RetainedEarningsAccumulatedLosses2024-01-3106899586ns5:RetainedEarningsAccumulatedLosses2023-01-3106899586ns5:ShareCapital2022-02-012023-01-3106899586ns5:RetainedEarningsAccumulatedLosses2023-02-012024-01-3106899586ns5:IntangibleAssetsOtherThanGoodwill2023-02-012024-01-3106899586ns5:IntangibleAssetsOtherThanGoodwill2024-01-3106899586ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-01-3106899586ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-01-3106899586ns10:OrdinaryShareClass12024-01-31
REGISTERED NUMBER: 06899586 (England and Wales)











Report of the Directors and

Unaudited Financial Statements

for the Year Ended 31 January 2024

for

Hangers@ Limited

Hangers@ Limited (Registered number: 06899586)






Contents of the Financial Statements
for the Year Ended 31 January 2024




Page

Company Information 1

Report of the Directors 2

Income Statement 3

Balance Sheet 4

Statement of Changes in Equity 5

Notes to the Financial Statements 6


Hangers@ Limited

Company Information
for the Year Ended 31 January 2024







DIRECTORS: G J Clayton
O C Hart
Mrs F Williams





REGISTERED OFFICE: Unit 9 Windmill Avenue
Woolpit
Bury St Edmunds
Suffolk
IP30 9UP





REGISTERED NUMBER: 06899586 (England and Wales)





ACCOUNTANTS: Knights Lowe Chartered Accountants
Eldo House
Kempson Way
Suffolk Business Park
Bury St Edmunds
Suffolk
IP32 7AR

Hangers@ Limited (Registered number: 06899586)

Report of the Directors
for the Year Ended 31 January 2024

The directors present their report with the financial statements of the company for the year ended 31 January 2024.

PRINCIPAL ACTIVITY
The principal activity of the company in the year under review was that of manufacture and supply of wardrobes.

DIRECTORS
The directors shown below have held office during the whole of the period from 1 February 2023 to the date of this report.

G J Clayton
O C Hart
Mrs F Williams

STATEMENT OF DIRECTORS' RESPONSIBILITIES
The directors are responsible for preparing the Report of the Directors and the financial statements in accordance with applicable law and regulations.

Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these financial statements, the directors are required to:

- select suitable accounting policies and then apply them consistently;
- make judgements and accounting estimates that are reasonable and prudent;
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:





Mrs F Williams - Director


22 October 2024

Hangers@ Limited (Registered number: 06899586)

Income Statement
for the Year Ended 31 January 2024

2024 2023
Notes £    £   

TURNOVER 3,509 -

Cost of sales 1,915 -
GROSS PROFIT 1,594 -

Administrative expenses 3,467 -
OPERATING LOSS and
LOSS BEFORE TAXATION (1,873 ) -

Tax on loss 4 - -
LOSS FOR THE FINANCIAL YEAR (1,873 ) -

Hangers@ Limited (Registered number: 06899586)

Balance Sheet
31 January 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 5 21,593 -

CURRENT ASSETS
Debtors 6 11 -
Cash at bank 1,626 1
1,637 1
CREDITORS
Amounts falling due within one year 7 25,102 -
NET CURRENT (LIABILITIES)/ASSETS (23,465 ) 1
TOTAL ASSETS LESS CURRENT LIABILITIES (1,872 ) 1

CAPITAL AND RESERVES
Called up share capital 8 1 1
Retained earnings (1,873 ) -
SHAREHOLDERS' FUNDS (1,872 ) 1

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

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

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

The financial statements were approved by the Board of Directors and authorised for issue on 22 October 2024 and were signed on its behalf by:





Mrs F Williams - Director


Hangers@ Limited (Registered number: 06899586)

Statement of Changes in Equity
for the Year Ended 31 January 2024

Called up
share Retained Total
capital earnings equity
£    £    £   

Changes in equity
Issue of share capital 1 - 1
Balance at 31 January 2023 1 - 1

Changes in equity
Total comprehensive income - (1,873 ) (1,873 )
Balance at 31 January 2024 1 (1,873 ) (1,872 )

Hangers@ Limited (Registered number: 06899586)

Notes to the Financial Statements
for the Year Ended 31 January 2024

1. STATUTORY INFORMATION

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

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

Intangible assets
Intangible assets are initially measured at cost. After instal recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 3 ) .

Hangers@ Limited (Registered number: 06899586)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024

4. TAXATION

Analysis of the tax charge
No liability to UK corporation tax arose for the year ended 31 January 2024 nor for the year ended 31 January 2023.

5. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
Additions 21,593
At 31 January 2024 21,593
NET BOOK VALUE
At 31 January 2024 21,593

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 11 -

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 532 -
Amounts owed to group undertakings 23,936 -
Other creditors 634 -
25,102 -

8. CALLED UP SHARE CAPITAL

Allotted and issued:
Number: Class: Nominal 2024 2023
value: £    £   
1 Share capital £1 1 1