Company Registration No. 09729251 (England and Wales)
HEAVY HOUSE LIMITED
Unaudited accounts
for the year ended 31 August 2021
HEAVY HOUSE LIMITED
Unaudited accounts
Contents
HEAVY HOUSE LIMITED
Company Information
for the year ended 31 August 2021
Director
Sidney Charles Hurricane Vieljans
Company Number
09729251 (England and Wales)
Registered Office
C/O IN THE LOOP ACCOUNTS LTD THE WORKPLA
ORMOND PLACE
CHELTENHAM
GLOUCESTERSHIRE
GL50 1JD
ENGLAND
Accountants
In The Loop Accounts Limited
The Workplace
Frogmore House, Ormond Place
Cheltenham
Gloucestershire
GL50 1JD
HEAVY HOUSE LIMITED
Statement of financial position
as at
31 August 2021
Tangible assets
3,784
2,833
Cash at bank and in hand
10,087
7,653
Creditors: amounts falling due within one year
(15,585)
(11,263)
Net current assets
1,480
14,703
Total assets less current liabilities
5,264
17,536
Provisions for liabilities
Called up share capital
500
500
Profit and loss account
4,045
16,498
Shareholders' funds
4,545
16,998
For the year ending 31 August 2021 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 31 January 2022 and were signed on its behalf by
Sidney Charles Hurricane Vieljans
Director
Company Registration No. 09729251
HEAVY HOUSE LIMITED
Notes to the Accounts
for the year ended 31 August 2021
HEAVY HOUSE LIMITED is a private company, limited by shares, registered in England and Wales, registration number 09729251. The registered office is C/O IN THE LOOP ACCOUNTS LTD THE WORKPLA, ORMOND PLACE, CHELTENHAM, GLOUCESTERSHIRE, GL50 1JD, ENGLAND.
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.
Turnover is measured at the fair value of the consideration received or receivable, and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax
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:
Computer equipment
25% Straight Line
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
HEAVY HOUSE LIMITED
Notes to the Accounts
for the year ended 31 August 2021
4
Tangible fixed assets
Fixtures & fittings
Cost or valuation
At cost
At 1 September 2020
5,789
At 1 September 2020
2,956
Charge for the year
2,246
5
Debtors: amounts falling due within one year
2021
2020
Trade debtors
6,963
12,786
6
Creditors: amounts falling due within one year
2021
2020
Trade creditors
6,227
3,223
Taxes and social security
1,972
2,507
7
Share capital
2021
2020
Allotted, called up and fully paid:
500 Ordinary shares of £1 each
500
500
8
Average number of employees
During the year the average number of employees was 0 (2020: 1).
9
Reconciliations on adoption of FRS 102