Company Registration No. 11416342 (England and Wales)
Robin Hood Mortgages Ltd
Unaudited accounts
for the year ended 30 June 2023
Robin Hood Mortgages Ltd
Unaudited accounts
Contents
Robin Hood Mortgages Ltd
Company Information
for the year ended 30 June 2023
Company Number
11416342 (England and Wales)
Registered Office
Robin Hood Mortgages
PO BOX 11018
Nottingham
NG5 0NE
Accountants
Net Accountancy Solutions Limited
35 Gripps Common
Cotgrave
Nottingham
Nottinghamshire
NG12 3TF
Robin Hood Mortgages Ltd
Statement of financial position
as at 30 June 2023
Tangible assets
1,686
2,764
Cash at bank and in hand
39,433
52,093
Creditors: amounts falling due within one year
(24,395)
(36,041)
Net current assets
15,038
16,052
Total assets less current liabilities
16,724
18,816
Creditors: amounts falling due after more than one year
(11,500)
(17,500)
Called up share capital
2
2
Profit and loss account
5,222
1,314
Shareholders' funds
5,224
1,316
For the year ending 30 June 2023 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 16 October 2023 and were signed on its behalf by
Mr Nadeem Hanif
Director
Company Registration No. 11416342
Robin Hood Mortgages Ltd
Notes to the Accounts
for the year ended 30 June 2023
Robin Hood Mortgages Ltd is a private company, limited by shares, registered in England and Wales, registration number 11416342. The registered office is Robin Hood Mortgages, PO BOX 11018, Nottingham, NG5 0NE.
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:
Fixtures & fittings
25% reducing balance
Computer equipment
33% straight line
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the rendering of services is recognised when it's receivable and income subject to a clawback provision is spread over the period of the clawback.
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 July 2022
2,898
2,319
5,217
At 30 June 2023
2,898
2,319
5,217
At 1 July 2022
1,680
773
2,453
Charge for the year
305
773
1,078
At 30 June 2023
1,985
1,546
3,531
At 30 June 2023
913
773
1,686
At 30 June 2022
1,218
1,546
2,764
Robin Hood Mortgages Ltd
Notes to the Accounts
for the year ended 30 June 2023
5
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
6,000
6,000
Taxes and social security
10,120
6,726
Loans from directors
(4,874)
1,354
Deferred income
12,381
21,241
6
Creditors: amounts falling due after more than one year
2023
2022
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Interest free loans repayable on demand
(1,354)
87,774
81,546
4,874
(1,354)
87,774
81,546
4,874
8
Average number of employees
During the year the average number of employees was 1 (2022: 2).