13 August 2023 false No description of principal activity Taxfiler 2024.6 15068024business:PrivateLimitedCompanyLtd2023-08-132024-03-31 150680242023-08-12 150680242023-08-132024-03-31 15068024business:AuditExempt-NoAccountantsReport2023-08-132024-03-31 15068024business:FilletedAccounts2023-08-132024-03-31 150680242024-03-31 15068024business:Director12023-08-132024-03-31 15068024business:Director22023-08-132024-03-31 15068024business:Director32023-08-132024-03-31 15068024business:RegisteredOffice2023-08-132024-03-31 15068024core:WithinOneYear2024-03-31 15068024core:ShareCapitalcore:PreviouslyStatedAmount2024-03-31 15068024core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-03-31 15068024core:PreviouslyStatedAmount2024-03-31 15068024business:SmallEntities2023-08-132024-03-31 15068024countries:EnglandWales2023-08-132024-03-31 15068024core:PlantMachinery2023-08-132024-03-31 15068024core:PlantMachinery2023-08-12 15068024core:PlantMachinery2024-03-31 iso4217:GBP xbrli:pure
Company Registration No. 15068024 (England and Wales)
Hampshire Custom Alloys Limited Unaudited accounts for the period from 13 August 2023 to 31 March 2024
Hampshire Custom Alloys Limited Unaudited accounts Contents
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Hampshire Custom Alloys Limited Company Information for the period from 13 August 2023 to 31 March 2024
Directors
Mr A J Poyser Mrs T Poyser Mr J B Poyser
Company Number
15068024 (England and Wales)
Registered Office
Unit 6, Kingsway Walworth Industrial Estate Andover Hampshire SP10 5LQ England
Accountants
Continuity Finance 95 Brownhill Road Chandlers Ford Eastleigh Hampshire SO53 2FH
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Hampshire Custom Alloys Limited Statement of financial position as at 31 March 2024
2024 
Notes
£ 
Called up share capital not paid
30 
Fixed assets
Tangible assets
9,245 
Current assets
Debtors
900 
Cash at bank and in hand
6,624 
7,524 
Creditors: amounts falling due within one year
(5,447)
Net current assets
2,077 
Total assets less current liabilities
11,352 
Provisions for liabilities
Deferred tax
(1,757)
Net assets
9,595 
Capital and reserves
Called up share capital
30 
Profit and loss account
9,565 
Shareholders' funds
9,595 
For the period ending 31 March 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 directors acknowledge their 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 of Directors and authorised for issue on 11 November 2024 and were signed on its behalf by
Mr A J Poyser Director Company Registration No. 15068024
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Hampshire Custom Alloys Limited Notes to the Accounts for the period from 13 August 2023 to 31 March 2024
1
Statutory information
Hampshire Custom Alloys Limited is a private company, limited by shares, registered in England and Wales, registration number 15068024. The registered office is Unit 6, Kingsway, Walworth Industrial Estate, Andover, Hampshire, SP10 5LQ, 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 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.
Turnover
Turnover represents the value of services net of VAT provided under contracts to the extent that there is a right to consideration and is recorded at the value of consideration due. Turnover is reduced for estimated customer returns, rebates and other similar allowances. Revenue from the sale of goods is recognised when goods are delivered to customers and legal title has passed.
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
25% on reducing balance
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 payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.
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.
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Hampshire Custom Alloys Limited Notes to the Accounts for the period from 13 August 2023 to 31 March 2024
Financial instruments
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities, or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 13 August 2023
- 
Additions
9,245 
At 31 March 2024
9,245 
Depreciation
At 31 March 2024
- 
Net book value
At 31 March 2024
9,245 
5
Debtors
2024 
£ 
Amounts falling due within one year
Trade debtors
900 
6
Creditors: amounts falling due within one year
2024 
£ 
VAT
935 
Trade creditors
3,112 
Taxes and social security
605 
Accruals
795 
5,447 
7
Average number of employees
During the period the average number of employees was 1.
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