Company Registration No. 14662196 (England and Wales)
Hemel Hempstead Tailors Limited
Unaudited accounts
for the period from 14 February 2023 to 29 February 2024
Hemel Hempstead Tailors Limited
Unaudited accounts
Contents
Hemel Hempstead Tailors Limited
Company Information
for the period from 14 February 2023 to 29 February 2024
Director
Fatih Ridvan Kussan
Company Number
14662196 (England and Wales)
Registered Office
9 Bridge Street
Hemel Hempstead
HP1 1EG
United Kingdom
Accountants
Tatar Brothers & Co Accountants
40 Willoughby Road
Hornsey
London
N8 0JG
Hemel Hempstead Tailors Limited
Statement of financial position
as at 29 February 2024
Cash at bank and in hand
1,851
Creditors: amounts falling due within one year
(3,660)
Net current liabilities
(1,809)
Called up share capital
100
Profit and loss account
2,009
For the period ending 29 February 2024 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 1 November 2024 and were signed on its behalf by
Fatih Ridvan Kussan
Director
Company Registration No. 14662196
Hemel Hempstead Tailors Limited
Notes to the Accounts
for the period from 14 February 2023 to 29 February 2024
Hemel Hempstead Tailors Limited is a private company, limited by shares, registered in England and Wales, registration number 14662196. The registered office is 9 Bridge Street, Hemel Hempstead, HP1 1EG, United Kingdom.
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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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
20% reducing balance method
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
Hemel Hempstead Tailors Limited
Notes to the Accounts
for the period from 14 February 2023 to 29 February 2024
4
Tangible fixed assets
Plant & machinery
5
Creditors: amounts falling due within one year
2024
Taxes and social security
336
Loans from directors
3,324
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
7
Average number of employees
During the period the average number of employees was 2.