REGISTERED NUMBER: |
Hattily Cost And Commercial Ltd |
Unaudited Financial Statements |
for the Period 1 March 2023 to 30 April 2024 |
REGISTERED NUMBER: |
Hattily Cost And Commercial Ltd |
Unaudited Financial Statements |
for the Period 1 March 2023 to 30 April 2024 |
Hattily Cost And Commercial Ltd (Registered number: 08423016) |
Contents of the Financial Statements |
for the Period 1 March 2023 to 30 April 2024 |
Page |
Company Information | 1 |
Statement of Financial Position | 2 |
Notes to the Financial Statements | 4 |
Hattily Cost And Commercial Ltd |
Company Information |
for the Period 1 March 2023 to 30 April 2024 |
DIRECTORS: |
REGISTERED OFFICE: |
BUSINESS ADDRESS: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Accountants |
5 London Road |
Rainham |
Gillingham |
Kent |
ME8 7RG |
Hattily Cost And Commercial Ltd (Registered number: 08423016) |
Statement of Financial Position |
30 April 2024 |
2024 | 2023 |
Notes | £ | £ | £ |
FIXED ASSETS |
Intangible assets | 4 |
Tangible assets | 5 |
CURRENT ASSETS |
Debtors | 6 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 7 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year |
8 |
( |
) |
( |
) |
PROVISIONS FOR LIABILITIES | ( |
) | ( |
) |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital |
Retained earnings |
SHAREHOLDERS' FUNDS |
The directors acknowledge their 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. |
Hattily Cost And Commercial Ltd (Registered number: 08423016) |
Statement of Financial Position - continued |
30 April 2024 |
The financial statements were approved by the Board of Directors and authorised for issue on |
Hattily Cost And Commercial Ltd (Registered number: 08423016) |
Notes to the Financial Statements |
for the Period 1 March 2023 to 30 April 2024 |
1. | STATUTORY INFORMATION |
Hattily Cost And Commercial Ltd is a |
The presentation currency of the financial statements is the Pound Sterling (£). |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Income recognition |
Income represents the fair value of consideration received or receivable derived from the provision of goods and services to customers during the year (excluding value added tax) and is recognised when the company becomes entitled to it, usually on the rendering of an invoice. |
Income is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. |
Intangible assets |
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses. |
Tangible fixed assets |
Land and buildings | - |
Plant and machinery etc | - |
Financial instruments |
The Company enters into basic financial instruments that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, loans to and from banks, other third parties and related parties. |
Basic financial instruments are recognised at amortised cost, with changes recognised in profit or loss. |
Taxation |
Taxation for the period comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. |
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted by the statement of financial position date. |
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 by the period end date. |
Hattily Cost And Commercial Ltd (Registered number: 08423016) |
Notes to the Financial Statements - continued |
for the Period 1 March 2023 to 30 April 2024 |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the period was NIL (2023 - NIL). |
4. | INTANGIBLE FIXED ASSETS |
Other |
intangible |
assets |
£ |
COST |
Additions |
At 30 April 2024 |
AMORTISATION |
Charge for period |
At 30 April 2024 |
NET BOOK VALUE |
At 30 April 2024 |
5. | TANGIBLE FIXED ASSETS |
Plant and |
Land and | machinery |
buildings | etc | Totals |
£ | £ | £ |
COST |
At 1 March 2023 |
Additions |
At 30 April 2024 |
DEPRECIATION |
At 1 March 2023 |
Charge for period |
At 30 April 2024 |
NET BOOK VALUE |
At 30 April 2024 |
At 28 February 2023 |
6. | DEBTORS |
2024 | 2023 |
£ | £ |
Amounts falling due within one year: |
Trade debtors |
Other debtors |
Hattily Cost And Commercial Ltd (Registered number: 08423016) |
Notes to the Financial Statements - continued |
for the Period 1 March 2023 to 30 April 2024 |
6. | DEBTORS - continued |
2024 | 2023 |
£ | £ |
Amounts falling due after more than one year: |
Other debtors |
Aggregate amounts |
7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2024 | 2023 |
£ | £ |
Bank loans and overdrafts |
Hire purchase contracts |
Taxation and social security |
Other creditors |
8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
2024 | 2023 |
£ | £ |
Bank loans |
Amounts falling due in more than five years: |
Repayable by instalments |
due after five years | 19,158 | 30,010 |
9. | SECURED DEBTS |
The following secured debts are included within creditors: |
2024 | 2023 |
£ | £ |
Bank loans |
Hire purchase contracts | - | 4,813 |
The bank loan is secured by a fixed charge over the company's freehold premises. |
Hattily Cost And Commercial Ltd (Registered number: 08423016) |
Notes to the Financial Statements - continued |
for the Period 1 March 2023 to 30 April 2024 |
10. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES |
The following advances and credits to directors subsisted during the period ended 30 April 2024 and the year ended 28 February 2023: |
2024 | 2023 |
£ | £ |
Balance outstanding at start of period |
Amounts advanced |
Amounts repaid | ( |
) | ( |
) |
Amounts written off | - | - |
Amounts waived | - | - |
Balance outstanding at end of period |
11. | RELATED PARTY DISCLOSURES |
Other debtors include £72,370 (2023 : £65,870 ) owed by a company controlled by one of the directors. The amount is repayable over 11 years commencing in March 2024. |