Company Registration No. 14333204 (England and Wales)
Hmc1 Limited
Unaudited accounts
for the year ended 30 September 2024
Hmc1 Limited
Unaudited accounts
Contents
Hmc1 Limited
Company Information
for the year ended 30 September 2024
Company Number
14333204 (England and Wales)
Hmc1 Limited
Statement of financial position
as at 30 September 2024
Tangible assets
47,940
41,518
Cash at bank and in hand
252,794
127,928
Creditors: amounts falling due within one year
(190,030)
(61,100)
Net current assets
62,764
66,828
Net assets
130,704
108,346
Called up share capital
2
2
Profit and loss account
130,702
108,344
Shareholders' funds
130,704
108,346
For the year ending 30 September 2024 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 10 June 2025 and were signed on its behalf by
Mr H Dickson
Director
Company Registration No. 14333204
Hmc1 Limited
Notes to the Accounts
for the year ended 30 September 2024
Hmc1 Limited is a private company, limited by shares, registered in England and Wales, registration number 14333204.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
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:
Motor vehicles
25% Reducing Balance
Fixtures & fittings
33% Straight Line
Computer equipment
25% Reducing Balance
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 October 2023
40,737
-
14,620
55,357
Additions
-
25,200
-
25,200
At 30 September 2024
40,737
25,200
14,620
80,557
At 1 October 2023
10,184
-
3,655
13,839
Charge for the year
7,638
8,399
2,741
18,778
At 30 September 2024
17,822
8,399
6,396
32,617
At 30 September 2024
22,915
16,801
8,224
47,940
At 30 September 2023
30,553
-
10,965
41,518
Hmc1 Limited
Notes to the Accounts
for the year ended 30 September 2024
5
Investments
Other investments
Valuation at 1 October 2023
-
Valuation at 30 September 2024
20,000
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
30,734
25,892
Loans from directors
110,213
9,003
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).