HILDITCH & KEY LIMITED

Company Registration Number:
00924034 (England and Wales)

Unaudited abridged accounts for the year ended 28 February 2024

Period of accounts

Start date: 01 March 2023

End date: 28 February 2024

HILDITCH & KEY LIMITED

Contents of the Financial Statements

for the Period Ended 28 February 2024

Balance sheet
Notes

HILDITCH & KEY LIMITED

Balance sheet

As at 28 February 2024


Notes

2024

2023


£

£
Fixed assets
Intangible assets: 3 1 1
Tangible assets: 4 51,550 61,896
Total fixed assets: 51,551 61,897
Current assets
Stocks: 1,096,738 927,283
Debtors:   1,701,508 1,737,420
Cash at bank and in hand: 164,996 3,919
Total current assets: 2,963,242 2,668,622
Creditors: amounts falling due within one year:   (3,977,991) (3,946,737)
Net current assets (liabilities): (1,014,749) (1,278,115)
Total assets less current liabilities: (963,198) (1,216,218)
Creditors: amounts falling due after more than one year:   (23,333) (32,490)
Total net assets (liabilities): (986,531) (1,248,708)
Capital and reserves
Called up share capital: 9,964 9,964
Profit and loss account: (996,495) (1,258,672)
Shareholders funds: (986,531) (1,248,708)

The notes form part of these financial statements

HILDITCH & KEY LIMITED

Balance sheet statements

For the year ending 28 February 2024 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 12 September 2024
and signed on behalf of the board by:

Name: Mr M J Booth
Status: Director

The notes form part of these financial statements

HILDITCH & KEY LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover is shown net of value added tax, discounts and returns.

Tangible fixed assets and depreciation policy

Depreciation is charged in order to write off the cost of assets, other than land and buildings, over their estimated useful life as follows: plant and machinery, 25% on the reducing balance basis.

Valuation and information policy

Stocks are valued at the lower of cost or estimated realisable value.

HILDITCH & KEY LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2024

2. Employees

2024 2023
Average number of employees during the period 11 11

HILDITCH & KEY LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2024

3. Intangible Assets

Total
Cost £
At 01 March 2023 1
At 28 February 2024 1
Net book value
At 28 February 2024 1
At 28 February 2023 1

HILDITCH & KEY LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2024

4. Tangible Assets

Total
Cost £
At 01 March 2023 1,405,033
Additions 2,371
At 28 February 2024 1,407,404
Depreciation
At 01 March 2023 1,343,137
Charge for year 12,717
At 28 February 2024 1,355,854
Net book value
At 28 February 2024 51,550
At 28 February 2023 61,896