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REGISTERED NUMBER: 04500325 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 July 2024

for

Empty Hand Limited

Empty Hand Limited (Registered number: 04500325)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Empty Hand Limited

Company Information
for the Year Ended 31 July 2024







DIRECTORS: E E Pich
Mrs S Sinclair





SECRETARY: Mrs S Sinclair





REGISTERED OFFICE: 35 The Chine
London
N10 3PX





REGISTERED NUMBER: 04500325 (England and Wales)






Empty Hand Limited (Registered number: 04500325)

Balance Sheet
31 July 2024

31.7.24 31.7.23
Notes £    £   
CURRENT ASSETS
Debtors 4 - 618
Cash at bank and in hand 13,064 15,562
13,064 16,180
CREDITORS
Amounts falling due within one year 5 5,118 3,750
NET CURRENT ASSETS 7,946 12,430
TOTAL ASSETS LESS CURRENT
LIABILITIES

7,946

12,430

CREDITORS
Amounts falling due after more than one
year

6

12,460

14,850
NET LIABILITIES (4,514 ) (2,420 )

CAPITAL AND RESERVES
Called up share capital 7 100 100
Retained earnings 8 (4,614 ) (2,520 )
SHAREHOLDERS' FUNDS (4,514 ) (2,420 )

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

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

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 Board of Directors and authorised for issue on 21 January 2025 and were signed on its behalf by:




E E Pich - Director



Mrs S Sinclair - Director


Empty Hand Limited (Registered number: 04500325)

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

1. STATUTORY INFORMATION

Empty Hand 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.

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


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.

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 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.

Going concern
The company sustained a loss during the year and it had net current liabilities as at 31st July 2024. The directors have confirmed that with the retention of the directors loans together with the financial assistance provided by the company's bankers in the form of a "bounce back" loan it will enable the company to continue trading for the foreseeable future and on this basis they consider it appropriate to prepare these accounts on a going concern basis.

3. EMPLOYEES AND DIRECTORS

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

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Other debtors - 618

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Bank loans and overdrafts 2,332 2,332
Taxation and social security 17 17
Other creditors 2,769 1,401
5,118 3,750

Empty Hand Limited (Registered number: 04500325)

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

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.7.24 31.7.23
£    £   
Bank loans 12,460 14,850

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 3,133 5,523

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.7.24 31.7.23
value: £    £   
100 Ordinary £1 100 100

8. RESERVES
Retained
earnings
£   

At 1 August 2023 (2,520 )
Deficit for the year (2,094 )
At 31 July 2024 (4,614 )