Company Registration No. 05213430 (England and Wales)
HJC Design Ltd
Unaudited accounts
for the year ended 30 September 2022
HJC Design Ltd
Unaudited accounts
Contents
HJC Design Ltd
Company Information
for the year ended 30 September 2022
Company Number
05213430 (England and Wales)
Registered Office
192 SHOREHAM STREET
SHEFFIELD
S1 4SQ
Accountants
EJAccounting Limited
3 Worksop Road
Aston
Sheffield
South Yorkshire
S26 2EB
HJC Design Ltd
Statement of financial position
as at 30 September 2022
Tangible assets
8,474
7,639
Cash at bank and in hand
105,603
246,253
Creditors: amounts falling due within one year
(45,565)
(48,668)
Net current assets
134,762
280,620
Total assets less current liabilities
143,236
288,259
Creditors: amounts falling due after more than one year
-
(95,000)
Provisions for liabilities
Deferred tax
(1,610)
(1,451)
Net assets
141,626
191,808
Called up share capital
200
200
Profit and loss account
141,426
191,608
Shareholders' funds
141,626
191,808
For the year ending 30 September 2022 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 12 June 2023 and were signed on its behalf by
Matthew Conley
Director
Company Registration No. 05213430
HJC Design Ltd
Notes to the Accounts
for the year ended 30 September 2022
HJC Design Ltd is a private company, limited by shares, registered in England and Wales, registration number 05213430. The registered office is 192 SHOREHAM STREET, SHEFFIELD, S1 4SQ.
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:
Plant & machinery
20% on cost
Expenditure on research and development is written off in the year in which it is incurred.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Grants received during the period have been recognised when all conditions of the grant have been met.
HJC Design Ltd
Notes to the Accounts
for the year ended 30 September 2022
4
Tangible fixed assets
Fixtures & fittings
At 30 September 2022
65,990
At 30 September 2022
57,516
At 30 September 2022
8,474
At 30 September 2021
7,639
Work in progress
2,900
2,500
Finished goods
20,520
9,620
Amounts falling due within one year
Trade debtors
33,760
54,936
Accrued income and prepayments
5,190
15,979
7
Creditors: amounts falling due within one year
2022
2021
Trade creditors
17,640
18,370
Taxes and social security
2,064
6,587
Loans from directors
459
-
8
Creditors: amounts falling due after more than one year
2022
2021
HJC Design Ltd
Notes to the Accounts
for the year ended 30 September 2022
9
Deferred taxation
2022
2021
Accelerated capital allowances
1,610
1,451
Provision at start of year
1,451
1,451
Charged to the profit and loss account
159
-
Provision at end of year
1,610
1,451
10
Average number of employees
During the year the average number of employees was 5 (2021: 5).