HF POLYTHENE LIMITED

Company Registration Number:
14790634 (England and Wales)

Unaudited statutory accounts for the year ended 30 April 2024

Period of accounts

Start date: 10 April 2023

End date: 30 April 2024

HF POLYTHENE LIMITED

Contents of the Financial Statements

for the Period Ended 30 April 2024

Profit and loss
Balance sheet
Additional notes

HF POLYTHENE LIMITED

Profit And Loss Account

for the Period Ended 30 April 2024

13 months to 30 April 2024


£
Turnover: 191,588
Cost of sales: ( 150,764 )
Gross profit(or loss): 40,824
Distribution costs: 0
Other operating income: 0
Operating profit(or loss): 40,824
Interest receivable and similar income: 0
Interest payable and similar charges: 0
Profit(or loss) before tax: 40,824
Profit(or loss) for the financial year: 40,824

HF POLYTHENE LIMITED

Balance sheet

As at 30 April 2024

Notes 13 months to 30 April 2024


£
Called up share capital not paid: 100
Net current assets (liabilities):  
Total assets less current liabilities: 100
Total net assets (liabilities): 100
Capital and reserves
Called up share capital: 100
Total Shareholders' funds: 100

The notes form part of these financial statements

HF POLYTHENE LIMITED

Balance sheet statements

For the year ending 30 April 2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 31 January 2025
and signed on behalf of the board by:

Name: KANA GODHANIYA
Status: Director

The notes form part of these financial statements

HF POLYTHENE LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

    Turnover policy

    A turnover policy can be a credit insurance policy that requires a business to report its actual sales or revenue at the end of a policy period.

    Tangible fixed assets depreciation policy

    A "tangible fixed assets depreciation policy" is a set of guidelines a company establishes to determine how the cost of its physical assets, like machinery, buildings, and equipment (considered "tangible fixed assets"), will be gradually expensed over their useful life through depreciation charges on the income statement, reflecting the gradual decrease in their value over time; this policy usually outlines the depreciation method (e.g., straight-line, accelerated) and estimated useful life for each asset category.

    Intangible fixed assets amortisation policy

    An amortization policy is an accounting process that gradually reduces the value of an asset or loan over time. It's used to match the cost of an asset to the revenue it generates

    Valuation information and policy

    A valuation policy is an outline of the approach your fund takes to determine the fair value of its portfolio company assets for financial reporting. Rather than being hard- and- fast rules, fund valuation policies are usually flexible frameworks that VC funds create for their portfolio company investments

HF POLYTHENE LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

  • 2. Employees

    13 months to 30 April 2024
    Average number of employees during the period 4