2023-06-01 2024-05-31 false Capium Accounts Production 1.1 14115396 2023-06-01 2024-05-31 14115396 bus:FullAccounts 2023-06-01 2024-05-31 14115396 bus:FRS102 2023-06-01 2024-05-31 14115396 bus:AuditExemptWithAccountantsReport 2023-06-01 2024-05-31 14115396 bus:SmallCompaniesRegimeForAccounts 2023-06-01 2024-05-31 14115396 bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 14115396 2023-06-01 2024-05-31 14115396 2024-05-31 14115396 bus:RegisteredOffice 2023-06-01 2024-05-31 14115396 core:WithinOneYear 2024-05-31 14115396 core:AfterOneYear 2024-05-31 14115396 1 2023-06-01 2024-05-31 14115396 bus:Director1 2023-06-01 2024-05-31 14115396 bus:Director1 2024-05-31 14115396 bus:Director1 2022-05-18 2023-05-31 14115396 bus:Director2 2023-06-01 2024-05-31 14115396 bus:Director2 2024-05-31 14115396 bus:Director2 2022-05-18 2023-05-31 14115396 2022-05-18 14115396 bus:LeadAgentIfApplicable 2023-06-01 2024-05-31 14115396 2022-05-18 2023-05-31 14115396 2023-05-31 14115396 core:WithinOneYear 2023-05-31 14115396 core:AfterOneYear 2023-05-31 14115396 bus:EntityAccountantsOrAuditors 2022-05-18 2023-05-31 14115396 core:PlantMachinery 2023-06-01 2024-05-31 14115396 core:PlantMachinery 2024-05-31 14115396 core:PlantMachinery 2023-05-31 14115396 core:MotorCars 2023-06-01 2024-05-31 14115396 core:MotorCars 2024-05-31 14115396 core:MotorCars 2023-05-31 14115396 core:ComputerEquipment 2023-06-01 2024-05-31 14115396 core:ComputerEquipment 2024-05-31 14115396 core:ComputerEquipment 2023-05-31 14115396 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2024-05-31 14115396 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2023-05-31 14115396 core:CostValuation core:Non-currentFinancialInstruments 2024-05-31 14115396 core:CostValuation core:Non-currentFinancialInstruments 2023-05-31 14115396 core:AdditionsToInvestments core:Non-currentFinancialInstruments 2024-05-31 14115396 core:DisposalsDecreaseInInvestments core:Non-currentFinancialInstruments 2024-05-31 14115396 core:RevaluationsIncreaseDecreaseInInvestments core:Non-currentFinancialInstruments 2024-05-31 14115396 core:Non-currentFinancialInstruments 2024-05-31 14115396 core:Non-currentFinancialInstruments 2023-05-31 14115396 core:ShareCapital 2024-05-31 14115396 core:ShareCapital 2023-05-31 14115396 core:RetainedEarningsAccumulatedLosses 2024-05-31 14115396 core:RetainedEarningsAccumulatedLosses 2023-05-31 14115396 dpl:Item1 2023-06-01 14115396 dpl:Item1 2024-05-31 14115396 dpl:Item1 2022-05-18 14115396 dpl:Item1 2023-05-31 iso4217:GBP xbrli:shares xbrli:pure
Logo On Report
Registered Number: 14115396
England and Wales

 

 

 

THE HOME IMPROVEMENT CHANNEL UK LTD


Unaudited Financial Statements
 


Period of accounts

Start date: 01 June 2023

End date: 31 May 2024
Directors Bradley O'Riordan
Phillip O'Riordan
Registered Number 14115396
Registered Office 25 Lancaster Close
Pilgrims Hatch
Brentwood
CM15 9NB
Accountants Ward Williams Creatives Limited
Belgrave House
39-43 Monument Hill
Weybridge
Surrey
KT13 8RN
1
 
 
Notes
 
2024
£
  2023
£
Fixed assets      
Tangible fixed assets 3 16,620    2,462 
16,620    2,462 
Current assets      
Debtors 4 4,490   
Cash at bank and in hand 43,197    409 
47,687    409 
Creditors: amount falling due within one year 5 (57,591)   (4,969)
Net current assets (9,904)   (4,560)
 
Total assets less current liabilities 6,716    (2,098)
Provisions for liabilities 6 (3,832)  
Net assets 2,884    (2,098)
 

Capital and reserves
     
Called up share capital 100    100 
Profit and loss account 2,784    (2,198)
Shareholders' funds 2,884    (2,098)
 


For the year ended 31 May 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
  2. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These 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 to the Registrar of Companies.
The financial statements were approved by the board of directors on 22 January 2025 and were signed on its behalf by:


-------------------------------
Bradley O'Riordan
Director
2
General Information
The Home Improvement Channel UK Ltd is a private company, limited by shares, registered in England and Wales, registration number 14115396, registration address 25 Lancaster Close, Pilgrims Hatch, Brentwood, CM15 9NB.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by Section 1A of the standard)
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Taxation
Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted
Deferred taxation
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the reporting date.
Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the reporting date 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.
Current and deferred tax assets and liabilities are not discounted.
Dividends
Proposed dividends are only included as liabilities in the statement of financial position when their payment has been approved by the shareholders prior to the statement of financial position date.
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Plant and Machinery 33% Straight Line
Motor Vehicles 33% Straight Line
Computer Equipment 33% Straight Line
Provisions
Provisions are recognised when the company has a present obligation as a result of a past event which it is more probable than not will result in an outflow of economic benefits that can be reasonably estimated.
2.

Average number of employees

Average number of employees during the year was 2 (2023 : 2).
3.

Tangible fixed assets

Cost or valuation Plant and Machinery   Motor Vehicles   Computer Equipment   Total
  £   £   £   £
At 01 June 2023     3,674    3,674 
Additions 1,397    20,400    1,144    22,941 
Disposals      
At 31 May 2024 1,397    20,400    4,818    26,615 
Depreciation
At 01 June 2023     1,212    1,212 
Charge for year 461    6,732    1,590    8,783 
On disposals      
At 31 May 2024 461    6,732    2,802    9,995 
Net book values
Closing balance as at 31 May 2024 936    13,668    2,016    16,620 
Opening balance as at 01 June 2023     2,462    2,462 


4.

Debtors: amounts falling due within one year

2024
£
  2023
£
Trade Debtors 1,680   
Accrued Income 2,810   
4,490   

5.

Creditors: amount falling due within one year

2024
£
  2023
£
Trade Creditors 3,423   
Corporation Tax 21,475   
PAYE & Social Security 384   
Accrued Expenses   2,088 
Deferred Income 6,500   
Wages & Salaries Control Account 4,857   
Income in Advance 3,372   
Directors' Current Accounts 6,506    1,813 
Directors Loan Account 2 7,363    1,068 
VAT Control Account 3,711   
57,591    4,969 

6.

Provisions for liabilities

2024
£
  2023
£
Deferred Tax 3,832   
3,832   

3