Company registration number 06785097 (England and Wales)
ANDREW HALL LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
PAGES FOR FILING WITH REGISTRAR
ANDREW HALL LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 4
ANDREW HALL LIMITED
BALANCE SHEET
AS AT
31 MARCH 2024
31 March 2024
- 1 -
2024
2023
Notes
£
£
£
£
Fixed assets
Tangible assets
3
47,117
2,779
Current assets
Stocks
40,000
303,340
Cash at bank and in hand
300,320
99,839
340,320
403,179
Creditors: amounts falling due within one year
4
(365,772)
(385,456)
Net current (liabilities)/assets
(25,452)
17,723
Net assets
21,665
20,502
Capital and reserves
Called up share capital
5
100
100
Profit and loss reserves
21,565
20,402
Total equity
21,665
20,502
For the financial year ended 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true
The financial statements were approved by the board of directors and authorised for issue on 20 January 2025 and are signed on its behalf by:
Mr A J P Hall
Director
Company registration number 06785097 (England and Wales)
ANDREW HALL LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
- 2 -
1
Accounting policies
Company information
Andrew Hall Limited is a private company limited by shares incorporated in England and Wales. The registered office is 134 Buckingham Palace Road, London, SW1W 9SA.
1.1
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
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 £.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
1.2
Turnover
Turnover represents amounts receivable for goods and services net of VAT and trade discounts.
1.3
Tangible fixed assets
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:
Fixtures, fittings & equipment
25% Reducing balance method
Computer equipment
25% Reducing balance method
Motor vehicles
25% Straight line basis
1.4
Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition
1.5
Cash at bank and in hand
Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
1.6
Foreign exchange
Transactions in currencies other than pounds sterling are recorded at the rates of exchange prevailing at the dates of the transactions. At each reporting end date, monetary assets and liabilities that are denominated in foreign currencies are retranslated at the rates prevailing on the reporting end date. Gains and losses arising on translation in the period are included in profit or loss.
ANDREW HALL LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
- 3 -
2
Employees
The average monthly number of persons (including directors) employed by the company during the year was:
2024
2023
Number
Number
Total
2
3
3
Tangible fixed assets
Fixtures, fittings & equipment
Computer equipment
Motor vehicles
Total
£
£
£
£
Cost
At 1 April 2023
3,423
18,931
31,575
53,929
Additions
2,713
48,000
50,713
Disposals
(31,575)
(31,575)
At 31 March 2024
3,423
21,644
48,000
73,067
Depreciation and impairment
At 1 April 2023
3,206
16,371
31,574
51,151
Depreciation charged in the year
54
1,318
5,000
6,372
Eliminated in respect of disposals
(31,574)
(31,574)
At 31 March 2024
3,260
17,689
5,000
25,949
Carrying amount
At 31 March 2024
163
3,955
43,000
47,118
At 31 March 2023
218
2,560
1
2,779
4
Creditors: amounts falling due within one year
2024
2023
£
£
Trade creditors
60,870
140,870
Corporation tax
229,692
167,770
Other taxation and social security
7,620
599
Other creditors
61,590
64,217
Accruals and deferred income
6,000
12,000
365,772
385,456
ANDREW HALL LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
- 4 -
5
Called up share capital
2024
2023
2024
2023
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary shares of £1 each
80
80
80
80
"A" Non-voting Ordinary shares of £1 each
10
10
10
10
"B" Non-voting Ordinary shares of £1 each
10
10
10
10
100
100
100
100
6
Control
The company was under the control of it's directors during the year.