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REGISTERED NUMBER: 12459209 (England and Wales)


Financial Statements for the Year Ended 29 February 2024

for

Hinckley Supplies Ltd

Hinckley Supplies Ltd (Registered number: 12459209)






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


Hinckley Supplies Ltd

Company Information
for the Year Ended 29 February 2024







DIRECTOR: Mr. Atif Maroof Zar





REGISTERED OFFICE: Bridge House
9-13 Holbrook Lane
Coventry
United Kingdom
CV6 4AD





REGISTERED NUMBER: 12459209 (England and Wales)





ACCOUNTANTS: Sterling Accounting Services Limited
Bridge House
9-13 Holbrook Lane
Coventry
CV6 4AD

Hinckley Supplies Ltd (Registered number: 12459209)

Statement of Financial Position
29 February 2024

29.2.24 28.2.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 175,000 175,000
Property, plant and equipment 5 86,632 114,742
261,632 289,742

CURRENT ASSETS
Inventories 20,933 21,855
Debtors 6 74,056 30,807
Cash at bank and in hand 28,782 21,659
123,771 74,321
CREDITORS
Amounts falling due within one year 7 198,102 131,699
NET CURRENT LIABILITIES (74,331 ) (57,378 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

187,301

232,364

CREDITORS
Amounts falling due after more than one
year

8

49,115

100,040
NET ASSETS 138,186 132,324

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 138,086 132,224
SHAREHOLDERS' FUNDS 138,186 132,324

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.

Hinckley Supplies Ltd (Registered number: 12459209)

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 28 November 2024 and were signed by:





Mr. Atif Maroof Zar - Director


Hinckley Supplies Ltd (Registered number: 12459209)

Notes to the Financial Statements
for the Year Ended 29 February 2024

1. STATUTORY INFORMATION

Hinckley Supplies 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.

Turnover
Turnover represents net sales of invoiced goods and services excluding Value Added Tax.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance

Stocks
Inventories are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 33 (2023 - 30 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 March 2023
and 29 February 2024 175,000
NET BOOK VALUE
At 29 February 2024 175,000
At 28 February 2023 175,000

Hinckley Supplies Ltd (Registered number: 12459209)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2024

5. PROPERTY, PLANT AND EQUIPMENT
Plant and
machinery
etc
£   
COST
At 1 March 2023 210,734
Additions 894
At 29 February 2024 211,628
DEPRECIATION
At 1 March 2023 95,992
Charge for year 29,004
At 29 February 2024 124,996
NET BOOK VALUE
At 29 February 2024 86,632
At 28 February 2023 114,742

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.2.24 28.2.23
£    £   
Trade debtors - 9,172
Other debtors 74,056 21,635
74,056 30,807

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.2.24 28.2.23
£    £   
Trade creditors 174,751 65,067
Taxation and social security 18,714 17,443
Other creditors 4,637 49,189
198,102 131,699

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
29.2.24 28.2.23
£    £   
Bank loans 49,115 100,040

Hinckley Supplies Ltd (Registered number: 12459209)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2024

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 29.2.24 28.2.23
value: £    £   
100 Ordinary £1 100 100