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REGISTERED NUMBER: 08877815 (England and Wales)















Financial Statements for the Year Ended 31 March 2024

for

Hothi Birtley Limited

Hothi Birtley Limited (Registered number: 08877815)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


Hothi Birtley Limited

Company Information
for the Year Ended 31 March 2024







DIRECTORS: Mr Manjinder Singh Hothi
Mr Amritpal Singh Hothi





SECRETARY:





REGISTERED OFFICE: Lamesley House
Durham Road
Birtley
DH3 1HU





REGISTERED NUMBER: 08877815 (England and Wales)





ACCOUNTANTS: Flannagans - Gateshead
7 Bankside
The Watermark
Gateshead
NE11 9SY

Hothi Birtley Limited (Registered number: 08877815)

Abridged Balance Sheet
31 March 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 175,000 192,500
Tangible assets 5 36,852 37,794
211,852 230,294

CURRENT ASSETS
Stocks 122,200 127,500
Debtors 72,081 66
Cash at bank and in hand 213,742 327,689
408,023 455,255
CREDITORS
Amounts falling due within one year 260,559 79,487
NET CURRENT ASSETS 147,464 375,768
TOTAL ASSETS LESS CURRENT
LIABILITIES

359,316

606,062

CREDITORS
Amounts falling due after more than one year 6 18,893 270,753
NET ASSETS 340,423 335,309

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 340,421 335,307
SHAREHOLDERS' FUNDS 340,423 335,309

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 directors acknowledge their 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.

Hothi Birtley Limited (Registered number: 08877815)

Abridged Balance Sheet - continued
31 March 2024


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

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 March 2024 in accordance with Section 444(2A) of the Companies Act 2006.

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

The financial statements were approved by the Board of Directors and authorised for issue on 20 August 2024 and were signed on its behalf by:





Mr Manjinder Singh Hothi - Director


Hothi Birtley Limited (Registered number: 08877815)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

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

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2014, is being amortised evenly over its estimated useful life of twenty 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 cost and 15% on cost

Stocks
Stocks 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 12 (2023 - 12 ) .

Hothi Birtley Limited (Registered number: 08877815)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

4. INTANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 April 2023
and 31 March 2024 350,000
AMORTISATION
At 1 April 2023 157,500
Amortisation for year 17,500
At 31 March 2024 175,000
NET BOOK VALUE

At 31 March 2024 175,000
At 31 March 2023 192,500

5. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 April 2023 148,427
Additions 12,338
At 31 March 2024 160,765
DEPRECIATION
At 1 April 2023 110,633
Charge for year 13,280
At 31 March 2024 123,913
NET BOOK VALUE
At 31 March 2024 36,852
At 31 March 2023 37,794

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN FIVE
YEARS
2024 2023
£    £   
Repayable otherwise than by instalments
Other loans more 5yrs non-inst - 212,600

7. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr Manjinder Singh Hothi.

Hothi Birtley Limited (Registered number: 08877815)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

8. RELATED PARTY DISCLOSURE

During the period all the loan's made between related parties were interest free and repayable on demand

AS HOTH HOLDING LTD
NAVEER PROPERTIES LTD