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REGISTERED NUMBER: 07912123 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

FOR

HIDDEN TREASURES (THE COURTYARD) LIMITED

HIDDEN TREASURES (THE COURTYARD) LIMITED (REGISTERED NUMBER: 07912123)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


HIDDEN TREASURES (THE COURTYARD) LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTOR: IN MacDonald





REGISTERED OFFICE: 43 Essex Street
London
WC2R 3JF





REGISTERED NUMBER: 07912123 (England and Wales)





ACCOUNTANTS: William Evans & Partners
20 Harcourt Street
London
W1H 4HG

HIDDEN TREASURES (THE COURTYARD) LIMITED (REGISTERED NUMBER: 07912123)

BALANCE SHEET
31 MARCH 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 4 32,974 35,519

CURRENT ASSETS
Stocks 3,500 3,500
Debtors 5 59,686 48,269
Cash at bank 12,569 7,815
75,755 59,584
CREDITORS
Amounts falling due within one year 6 (304,137 ) (784,391 )
NET CURRENT LIABILITIES (228,382 ) (724,807 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(195,408

)

(689,288

)

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings (195,409 ) (689,289 )
SHAREHOLDERS' FUNDS (195,408 ) (689,288 )

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 26 March 2025 and were signed by:





IN MacDonald - Director


HIDDEN TREASURES (THE COURTYARD) LIMITED (REGISTERED NUMBER: 07912123)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1. STATUTORY INFORMATION

Hidden Treasures (The Courtyard) 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.

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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Going concern
These financial statements have been prepared on the going concern basis despite the deficit on the Balance Sheet on the understanding that the director will continue to provide financial support.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 10 (2023 - 10 ) .

HIDDEN TREASURES (THE COURTYARD) LIMITED (REGISTERED NUMBER: 07912123)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2023 193,611
Additions 2,000
At 31 March 2024 195,611
DEPRECIATION
At 1 April 2023 158,092
Charge for year 4,545
At 31 March 2024 162,637
NET BOOK VALUE
At 31 March 2024 32,974
At 31 March 2023 35,519

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 42,385 35,269
Other debtors 17,301 13,000
59,686 48,269

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 34,766 28,548
Taxation and social security 127,669 164,512
Other creditors 141,702 591,331
304,137 784,391

7. RELATED PARTY DISCLOSURES

The company has received advances and loans from Nouvel Homme No 2 Limited, a company under common ownership. At 31st March 2024 these advances, which amounted to £577,554 ( 2023: £568,691), were forgiven by the company as the debt was considered wholly irrecoverable.

The company has received advances and loans from Hartley Antiques and Classics Limited, a company under common ownership. At 31st March 2024 these advances, which are unsecured, interest free, and repayable on demand, amounted to £105,444 ( 2023: £Nil).

8. ULTIMATE CONTROLLING PARTY

The director, IN MacDonald, is the sole shareholder and therefore the ultimate controlling party.