HIKIKOMORI LTD

Company Registration Number:
11217981 (England and Wales)

Unaudited abridged accounts for the year ended 29 February 2024

Period of accounts

Start date: 01 March 2023

End date: 29 February 2024

HIKIKOMORI LTD

Contents of the Financial Statements

for the Period Ended 29 February 2024

Balance sheet
Notes

HIKIKOMORI LTD

Balance sheet

As at 29 February 2024


Notes

2024

2023


£

£
Fixed assets
Intangible assets: 3 1,679 2,238
Tangible assets: 4 40,979 41,396
Total fixed assets: 42,658 43,634
Current assets
Stocks: 25,893 17,537
Debtors:   52,159 59,373
Cash at bank and in hand: 109,610 76,365
Total current assets: 187,662 153,275
Creditors: amounts falling due within one year:   (121,568) (135,653)
Net current assets (liabilities): 66,094 17,622
Total assets less current liabilities: 108,752 61,256
Creditors: amounts falling due after more than one year:   (12,500) (22,500)
Provision for liabilities: (10,245) (10,349)
Total net assets (liabilities): 86,007 28,407
Capital and reserves
Called up share capital: 217 217
Share premium account: 9,983 9,983
Profit and loss account: 75,807 18,207
Shareholders funds: 86,007 28,407

The notes form part of these financial statements

HIKIKOMORI LTD

Balance sheet statements

For the year ending 29 February 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

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

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 06 November 2024
and signed on behalf of the board by:

Name: S J Leach
Status: Director

The notes form part of these financial statements

HIKIKOMORI LTD

Notes to the Financial Statements

for the Period Ended 29 February 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them.

Tangible fixed assets and depreciation policy

Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives: Plant & machinery - 25% Reducing balance basis Computer equipment - 25% Reducing balance basis

Intangible fixed assets and amortisation policy

Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.

Other accounting policies

Inventories Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion. Deferred taxation Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted. Pension costs The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.

HIKIKOMORI LTD

Notes to the Financial Statements

for the Period Ended 29 February 2024

2. Employees

2024 2023
Average number of employees during the period 21 23

HIKIKOMORI LTD

Notes to the Financial Statements

for the Period Ended 29 February 2024

3. Intangible Assets

Total
Cost £
At 01 March 2023 2,797
At 29 February 2024 2,797
Amortisation
At 01 March 2023 559
Charge for year 559
At 29 February 2024 1,118
Net book value
At 29 February 2024 1,679
At 28 February 2023 2,238

HIKIKOMORI LTD

Notes to the Financial Statements

for the Period Ended 29 February 2024

4. Tangible Assets

Total
Cost £
At 01 March 2023 69,799
Additions 21,426
Disposals (8,436)
At 29 February 2024 82,789
Depreciation
At 01 March 2023 28,403
Charge for year 13,407
At 29 February 2024 41,810
Net book value
At 29 February 2024 40,979
At 28 February 2023 41,396