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REGISTERED NUMBER: 08283338 (England and Wales)









Unaudited Financial Statements

for the Year Ended 31 March 2024

for

H6 ENTERPRISES LTD

H6 ENTERPRISES LTD (REGISTERED NUMBER: 08283338)

Contents of the Financial Statements
FOR THE YEAR ENDED 31 MARCH 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


H6 ENTERPRISES LTD

Company Information
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTOR: DA Kelly





REGISTERED OFFICE: Higher Holcombe House
Higher Holcombe Road
Teignmouth
Devon
TQ14 9NP





REGISTERED NUMBER: 08283338 (England and Wales)





ACCOUNTANTS: Haines Watts
3 Southernhay West
Exeter
Devon
EX1 1JG

H6 ENTERPRISES LTD (REGISTERED NUMBER: 08283338)

Balance Sheet
31 MARCH 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 5 2,534 7,786

CURRENT ASSETS
Debtors 6 73,926 53,499
Cash at bank 871 5,006
74,797 58,505
CREDITORS
Amounts falling due within one year 7 (20,906 ) (20,065 )
NET CURRENT ASSETS 53,891 38,440
TOTAL ASSETS LESS CURRENT
LIABILITIES

56,425

46,226

CREDITORS
Amounts falling due after more than one
year

8

(34,135

)

(33,400

)
NET ASSETS 22,290 12,826

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 22,190 12,726
22,290 12,826

H6 ENTERPRISES LTD (REGISTERED NUMBER: 08283338)

Balance Sheet - continued
31 MARCH 2024


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

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

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 Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the director and authorised for issue on 25 November 2024 and were signed by:





DA Kelly - Director


H6 ENTERPRISES LTD (REGISTERED NUMBER: 08283338)

Notes to the Financial Statements
FOR THE YEAR ENDED 31 MARCH 2024


1. COMPANY INFORMATION

H6 Enterprises 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.

The presentation currency of the financial statements is the Pound Sterling (£).


2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

The principal accounting policies adopted are set out below.

Turnover
Turnover represents the profit share in H1 Enterprises LLP that is due to the company together with services invoiced to customers net of value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Motor vehicles - 25% on cost
Computer equipment - 25% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and loss account, 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.

H6 ENTERPRISES LTD (REGISTERED NUMBER: 08283338)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31 MARCH 2024


3. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Rentals payable under operating leases are charged in the profit and loss account on a straight line basis over the lease term.

Assets obtained under hire purchase contracts and finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

5. TANGIBLE FIXED ASSETS
Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 April 2023 13,098 19,358 32,456
Disposals (13,098 ) - (13,098 )
At 31 March 2024 - 19,358 19,358
DEPRECIATION
At 1 April 2023 11,461 13,209 24,670
Charge for year 1,637 3,615 5,252
Eliminated on disposal (13,098 ) - (13,098 )
At 31 March 2024 - 16,824 16,824
NET BOOK VALUE
At 31 March 2024 - 2,534 2,534
At 31 March 2023 1,637 6,149 7,786

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 1,870 6,595
Other debtors 72,056 46,904
73,926 53,499

H6 ENTERPRISES LTD (REGISTERED NUMBER: 08283338)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31 MARCH 2024


7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 2,968 4,915
Hire purchase contracts (see note 9) - 1,458
Trade creditors 3,150 -
Taxation and social security 11,270 11,507
Other creditors 3,518 2,185
20,906 20,065

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 34,135 33,400

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 13,278 12,466

9. LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase contracts
2024 2023
£    £   
Net obligations repayable:
Within one year - 1,458

Non-cancellable operating leases
2024 2023
£    £   
Within one year 8,206 8,205
Between one and five years 2,051 10,257
10,257 18,462

H6 ENTERPRISES LTD (REGISTERED NUMBER: 08283338)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31 MARCH 2024


10. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Hire purchase contracts - 1,458

Hire purchase contracts are secured against the assets in which they relate.

11. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2024 and 31 March 2023:

2024 2023
£    £   
DA Kelly
Balance outstanding at start of year 38,948 36,657
Amounts advanced 63,885 154,604
Amounts repaid (54,074 ) (152,313 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 48,759 38,948

Interest totalling £691 (2022 £659) has been charged on the loan. The loan is repayable on demand.

12. RELATED PARTY DISCLOSURES

At the balance sheet date, there was an outstanding balance with a related LLP. The loan balance at the year is £22,904 and is included in debtors within one year. In 2023 a loan with the same LLP of £240 was included in creditors within one year.

13. POST BALANCE SHEET EVENTS

The company ceased trading as of 30 April 2024.