Registered number
04247130
HR Laboratories Limited
Filleted Accounts
31 July 2024
HR Laboratories Limited
Registered number: 04247130
Balance Sheet
as at 31 July 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 3,878 4,846
Current assets
Debtors 4 6,049 -
Investments held as current assets 5 12,680 12,680
Cash at bank and in hand 7,679 24,517
26,408 37,197
Creditors: amounts falling due within one year 6 (20,536) (22,144)
Net current assets 5,872 15,053
Total assets less current liabilities 9,750 19,899
Creditors: amounts falling due after more than one year 7 (9,554) (19,456)
Net assets 196 443
Capital and reserves
Called up share capital 100 100
Profit and loss account 96 343
Shareholders' funds 196 443
The directors are 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 directors acknowledge their 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.
LE Roesch
Director
Approved by the board on 25 April 2025
HR Laboratories Limited
Notes to the Accounts
for the year ended 31 July 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 rendering of services. 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.
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:
Motor vehicles 20% pa reducing balance
Fixtures, fittings, tools and equipment 20% pa reducing balance
Investments
Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
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. 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.
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 2 2
3 Tangible fixed assets
Plant and machinery etc Motor vehicles Total
£ £ £
Cost
At 1 August 2023 71,647 23,200 94,847
At 31 July 2024 71,647 23,200 94,847
Depreciation
At 1 August 2023 71,647 18,354 90,001
Charge for the year - 968 968
At 31 July 2024 71,647 19,322 90,969
Net book value
At 31 July 2024 - 3,878 3,878
At 31 July 2023 - 4,846 4,846
4 Debtors 2024 2023
£ £
Other debtors 6,049 -
5 Investments held as current assets 2024 2023
£ £
Fair value
Unlisted investments 12,680 12,680
6 Creditors: amounts falling due within one year 2024 2023
£ £
Bank loans and overdrafts 9,200 9,000
Taxation and social security costs 6,150 8,686
Other creditors 5,186 4,458
20,536 22,144
7 Creditors: amounts falling due after one year 2024 2023
£ £
Bank loans 9,554 19,456
8 Other information
HR Laboratories Limited is a private company limited by shares and incorporated in England. Its registered office is:
1 Merton Park Parade
Kingston Road
Wimbledon
London
SW19 3NT
HR Laboratories Limited 04247130 false 2023-08-01 2024-07-31 2024-07-31 VT Final Accounts April 2025 LE Roesch No description of principal activity 04247130 2022-08-01 2023-07-31 04247130 core:WithinOneYear 2023-07-31 04247130 core:AfterOneYear 2023-07-31 04247130 core:ShareCapital 2023-07-31 04247130 core:RetainedEarningsAccumulatedLosses 2023-07-31 04247130 2023-08-01 2024-07-31 04247130 bus:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 04247130 bus:AuditExemptWithAccountantsReport 2023-08-01 2024-07-31 04247130 bus:Director40 2023-08-01 2024-07-31 04247130 1 2023-08-01 2024-07-31 04247130 2 2023-08-01 2024-07-31 04247130 core:PlantMachinery 2023-08-01 2024-07-31 04247130 core:Vehicles 2023-08-01 2024-07-31 04247130 countries:England 2023-08-01 2024-07-31 04247130 bus:FRS102 2023-08-01 2024-07-31 04247130 bus:FilletedAccounts 2023-08-01 2024-07-31 04247130 2024-07-31 04247130 core:WithinOneYear 2024-07-31 04247130 core:AfterOneYear 2024-07-31 04247130 core:ShareCapital 2024-07-31 04247130 core:RetainedEarningsAccumulatedLosses 2024-07-31 04247130 core:PlantMachinery 2024-07-31 04247130 core:Vehicles 2024-07-31 04247130 2023-07-31 04247130 core:PlantMachinery 2023-07-31 04247130 core:Vehicles 2023-07-31 iso4217:GBP xbrli:pure