Registered number
09160185
Hardbattles Limited
Filleted Accounts
30 June 2024
Hardbattles Limited
Registered number: 09160185
Balance Sheet
as at 30 June 2024
Notes 2024 2023
£ £
Fixed assets
Intangible assets 3 110,000 120,000
Tangible assets 4 16,759 19,305
Investments 5 148,526 148,526
275,285 287,831
Current assets
Stocks 9,000 9,000
Debtors 6 74,895 48,630
Cash at bank and in hand 2,000 35,712
85,895 93,342
Creditors: amounts falling due within one year 7 (2,978) (17,889)
Net current assets 82,917 75,453
Net assets 358,202 363,284
Capital and reserves
Called up share capital 2 2
Profit and loss account 358,200 363,282
Shareholders' funds 358,202 363,284
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
John Hardbattle
Director
Approved by the board on 26 March 2025
Hardbattles Limited
Notes to the Accounts
for the year ended 30 June 2024
1 Accounting policies
Basis of preparation
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 is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Intangible fixed assets
Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Freehold buildings over 50 years
Leasehold land and buildings over the lease term
Plant and machinery over 5 years
Fixtures, fittings, tools and equipment over 10 years
Work in progress
Work in progress is measured at invoice value.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price).
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
Pensions
Contributions to defined contribution plans are expensed in the period to which they relate.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 3 3
3 Intangible fixed assets £
Goodwill:
Cost
At 1 July 2023 200,000
At 30 June 2024 200,000
Amortisation
At 1 July 2023 80,000
Provided during the year 10,000
At 30 June 2024 90,000
Net book value
At 30 June 2024 110,000
At 30 June 2023 120,000
Goodwill is being written off in equal annual instalments over its estimated economic life of 20 years.
4 Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 July 2023 38,675
Additions 1,468
At 30 June 2024 40,143
Depreciation
At 1 July 2023 19,370
Charge for the year 4,014
At 30 June 2024 23,384
Net book value
At 30 June 2024 16,759
At 30 June 2023 19,305
5 Investments
Other
investments
£
Cost
At 1 July 2023 148,526
At 30 June 2024 148,526
6 Debtors 2024 2023
£ £
Trade debtors 65,924 48,533
Other debtors 8,971 97
74,895 48,630
7 Creditors: amounts falling due within one year 2024 2023
£ £
Bank loans and overdrafts 22,597 -
Corporation tax 45,992 70,764
Other taxes and social security costs 27,946 27,701
Other creditors (93,557) (80,576)
2,978 17,889
8 Loans to directors
B/fwd Paid Repaid C/fwd
£ £ £ £
John Hardbattle
Interest free loan 82,950 208,749 (195,163) 96,536
82,950 208,749 (195,163) 96,536
During the year a number of interest free advances totalling £208,749 (2023: £192,092) were made to directors. The loans were repaid in full after the year end.
9 Other information
Hardbattles Limited is a private company limited by shares and incorporated in England. Its registered office is:
The Cottage,
Limby Hall Lane,
Swannington.
Leicestershire.
LE67 8QH.
Hardbattles Limited 09160185 false 2023-07-01 2024-06-30 2024-06-30 VT Final Accounts April 2025 John Hardbattle No description of principal activity 09160185 2022-07-01 2023-06-30 09160185 core:WithinOneYear 2023-06-30 09160185 core:ShareCapital 2023-06-30 09160185 core:RetainedEarningsAccumulatedLosses 2023-06-30 09160185 2023-07-01 2024-06-30 09160185 bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 09160185 bus:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 09160185 bus:Director40 2023-07-01 2024-06-30 09160185 1 2023-07-01 2024-06-30 09160185 2 2023-07-01 2024-06-30 09160185 core:Goodwill 2023-07-01 2024-06-30 09160185 core:PlantMachinery 2023-07-01 2024-06-30 09160185 bus:Director1 2023-07-01 2024-06-30 09160185 bus:Director1 1 2023-07-01 2024-06-30 09160185 countries:England 2023-07-01 2024-06-30 09160185 bus:FRS102 2023-07-01 2024-06-30 09160185 bus:FilletedAccounts 2023-07-01 2024-06-30 09160185 2024-06-30 09160185 core:WithinOneYear 2024-06-30 09160185 core:ShareCapital 2024-06-30 09160185 core:RetainedEarningsAccumulatedLosses 2024-06-30 09160185 core:Goodwill 2024-06-30 09160185 core:PlantMachinery 2024-06-30 09160185 bus:Director1 1 2024-06-30 09160185 2023-06-30 09160185 core:Goodwill 2023-06-30 09160185 core:PlantMachinery 2023-06-30 09160185 bus:Director1 1 2023-06-30 iso4217:GBP xbrli:pure