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REGISTERED NUMBER: 11216953 (England and Wales)















HD3 REMOVALS AND STORAGE LTD

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 29 FEBRUARY 2024






HD3 REMOVALS AND STORAGE LTD (REGISTERED NUMBER: 11216953)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4

Report of the Accountants 7

HD3 REMOVALS AND STORAGE LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 29 FEBRUARY 2024







DIRECTOR: B T Taylor





SECRETARY:





REGISTERED OFFICE: Whitby Court
Abbey Road
Shepley
HUDDERSFIELD
West Yorkshire
HD8 8EL





REGISTERED NUMBER: 11216953 (England and Wales)





ACCOUNTANTS: FINLAYSON & CO
Whitby Court
Abbey Road
Shepley
HUDDERSFIELD
West Yorkshire
HD8 8EL

HD3 REMOVALS AND STORAGE LTD (REGISTERED NUMBER: 11216953)

STATEMENT OF FINANCIAL POSITION
29 FEBRUARY 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Property, plant and equipment 4 60,873 45,262

CURRENT ASSETS
Debtors 5 22,763 16,016
Cash at bank 13,498 12,758
36,261 28,774
CREDITORS
Amounts falling due within one year 6 25,538 22,221
NET CURRENT ASSETS 10,723 6,553
TOTAL ASSETS LESS CURRENT
LIABILITIES

71,596

51,815

CREDITORS
Amounts falling due after more than one
year

7

65,335

50,090
NET ASSETS 6,261 1,725

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 6,161 1,625
SHAREHOLDERS' FUNDS 6,261 1,725

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

HD3 REMOVALS AND STORAGE LTD (REGISTERED NUMBER: 11216953)

STATEMENT OF FINANCIAL POSITION - continued
29 FEBRUARY 2024


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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 5 April 2024 and were signed by:





B T Taylor - Director


HD3 REMOVALS AND STORAGE LTD (REGISTERED NUMBER: 11216953)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024

1. STATUTORY INFORMATION

HD3 Removals and Storage Ltd 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.

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.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

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

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Motor Vehicles - 25% on cost
Computer Equipment - 33% on cost

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to the profit and loss in the period to which they relate.

HD3 REMOVALS AND STORAGE LTD (REGISTERED NUMBER: 11216953)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 29 FEBRUARY 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2023 - 6 ) .

4. PROPERTY, PLANT AND EQUIPMENT
Motor Computer
Vehicles Equipment Totals
£    £    £   
COST
At 1 March 2023 61,035 1,722 62,757
Additions 32,448 113 32,561
At 29 February 2024 93,483 1,835 95,318
DEPRECIATION
At 1 March 2023 16,384 1,111 17,495
Charge for year 16,608 342 16,950
At 29 February 2024 32,992 1,453 34,445
NET BOOK VALUE
At 29 February 2024 60,491 382 60,873
At 28 February 2023 44,651 611 45,262

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
Vehicles
£   
COST
At 1 March 2023 51,290
Additions 32,448
At 29 February 2024 83,738
DEPRECIATION
At 1 March 2023 7,046
Charge for year 16,202
At 29 February 2024 23,248
NET BOOK VALUE
At 29 February 2024 60,490
At 28 February 2023 44,244

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 7,958 2,274
Other debtors 14,805 13,742
22,763 16,016

HD3 REMOVALS AND STORAGE LTD (REGISTERED NUMBER: 11216953)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 29 FEBRUARY 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 2,800 2,800
Hire purchase contracts 13,129 8,294
Taxation and social security 8,394 9,790
Other creditors 1,215 1,337
25,538 22,221

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 4,898 6,298
Hire purchase contracts 60,437 43,792
65,335 50,090

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary £1 100 100

9. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 29 February 2024 and 28 February 2023:

2024 2023
£    £   
B T Taylor
Balance outstanding at start of year 9,742 8,218
Amounts advanced 19,019 46,704
Amounts repaid (18,882 ) (45,180 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 9,879 9,742

10. RELATED PARTY DISCLOSURES

During the year the company loaned £913 (2023: £5,045) to HD3 Storage (Northern) Ltd, a company controlled by B Taylor a shareholder. At the year end £4,913 (2023:£4,000) was outstanding.

HD3 REMOVALS AND STORAGE LTD

REPORT OF THE ACCOUNTANTS TO THE DIRECTOR OF
HD3 REMOVALS AND STORAGE LTD

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

As described on the Statement of Financial Position you are responsible for the preparation of the financial statements for the year ended 29 February 2024 set out on pages two to seven and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






FINLAYSON & CO
Whitby Court
Abbey Road
Shepley
HUDDERSFIELD
West Yorkshire
HD8 8EL


5 April 2024