Company registration number 09619325 (England and Wales)
HEARWELL LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2022
PAGES FOR FILING WITH REGISTRAR
HEARWELL LIMITED
CONTENTS
Page
Accountants' report
1
Statement of financial position and notes to the financial statements
2 - 3
HEARWELL LIMITED
REPORT TO THE DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY ACCOUNTS OF HEARWELL LIMITED
- 1 -
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Hearwell Limited for the year ended 30 June 2022, which comprise the statement of financial position, from the company’s accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal.com/gb/en/member/standards/rules-and-standards/rulebook.html
.
This report is made solely to the
d
irector of Hearwell Limited, in accordance with the terms of our engagement letter dated 5 June 2019. Our work has been undertaken solely to prepare for your approval the financial statements of Hearwell Limited and state those matters that we have agreed to state to the
d
irector of Hearwell Limited
in this report in accordance with
the requirements of the Association of Chartered Certified Accountants
as detailed at
https://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Hearwell Limited and its
d
irector, for our work or for this report.
It is your duty to ensure that Hearwell Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit
of Hearwell Limited. You consider that Hearwell Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the financial statements of Hearwell Limited. For this reason, we have not verified the accuracy or completeness of the
accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
Hawkins Priday Ltd
2 March 2023
Chartered Certified Accountants
5 Bridge Street
Hereford
HR4 9DF
HEARWELL LIMITED
STATEMENT OF FINANCIAL POSITION
AS AT
30 JUNE 2022
30 June 2022
- 2 -
2022
2021
£
£
£
£
Fixed assets
5,017
4,504
Current assets
289,170
224,850
Prepayments and accrued income
443
1,404
Creditors: amounts falling due within one year
(51,590)
(49,251)
Net current assets
238,023
177,003
Total assets less current liabilities
243,040
181,507
Accruals and deferred income
(411)
(60)
Net assets
242,629
181,447
Equity
242,629
181,447
Notes to the financial statements
1
Directors' benefits: advances, credit and guarantees
During the year to 30 June 2022 the company advanced £4,691(2021: £3,709) to Mr C Williams. The loan remains outstanding at the year end. The loan is repayable on demand and is interest free.
2
Employees
The average number of persons
,
including directors
,
employed by the company during the year wa
s as follows:
2022
2021
Number
Number
Employees
3
3
Hearwell Limited is a private company limited by shares incorporated in England and Wales. The registered office is 5 Bridge Street, Hereford, HR4 9DF.
The financial statements are prepared in
sterling
, which is the functional currency of the company.
Monetary a
mounts
in these financial statements are
rounded to the nearest £.
For the year ended 30 June 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
HEARWELL LIMITED
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT
30 JUNE 2022
30 June 2022
- 3 -
These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved by the board of directors and authorised for issue on 28 February 2023 and are signed on its behalf by:
Mr C I Williams
Director
Company registration number 09619325 (England and Wales)