Hogarth Fine Art Lighting Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 07471531 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2019

FOR

Hogarth Fine Art Lighting Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

T P Griffiths

Mrs C M Griffiths

REGISTERED OFFICE:

Sherwood House

41 Queens Road

Farnborough

Hants

GU14 6JP

REGISTERED NUMBER:

07471531 (England and Wales)

ACCOUNTANTS:

Jones & Co

Sherwood House

41 Queens Road

Farnborough

Hants

GU14 6JP

FIXED ASSETS

Tangible assets

4

5,589

6,836

CURRENT ASSETS

Stocks

1,420

1,248

Debtors

5

81,949

77,661

Cash at bank

14,475

21,683

97,844

100,592

CREDITORS

Amounts falling due within one year

6

91,265

105,774

NET CURRENT ASSETS/(LIABILITIES)

6,579

(5,182

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

12,168

1,654

CAPITAL AND RESERVES

Called up share capital

250

Retained earnings

11,918

1,404

SHAREHOLDERS' FUNDS

12,168

1,654

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2019 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each
financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and
which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable
to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 18 December 2019 and were signed on its behalf by:

Mrs C M Griffiths - Director

1.	STATUTORY INFORMATION

Hogarth Fine Art Lighting Ltd is a private company, limited by shares , registered in England and Wales. The company's

registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added

tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

20% on reducing balance

Fixtures and fittings

-

20% on reducing balance

Office equipment

-

20% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving

items.

Taxation

Taxation for the period comprises current tax, recognised at the amount of tax payable using the tax rates and laws that have

been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is not recognised in respect of timing differences which may have originated but not been reversed at the

balance sheet date since the directors consider the amount to be immaterial.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2018 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Office

machinery

fittings

equipment

Totals

£

COST

At 1 April 2018

10,062

5,418

6,048

21,528

Additions

-

150

At 31 March 2019

10,062

5,418

6,198

21,678

DEPRECIATION

At 1 April 2018

7,161

3,473

4,058

14,692

Charge for year

580

389

428

1,397

At 31 March 2019

7,741

3,862

4,486

16,089

NET BOOK VALUE

At 31 March 2019

2,321

1,556

1,712

5,589

At 31 March 2018

2,901

1,945

1,990

6,836

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.19

31.3.18

£

Trade debtors

12,742

11,021

Other debtors

69,207

66,640

81,949

77,661

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.19

31.3.18

£

Bank loans and overdrafts

5,462

6,004

Trade creditors

22,266

29,095

Taxation and social security

59,643

66,949

Other creditors

3,894

3,726

91,265

105,774

Hogarth Fine Art Lighting Ltd - Accounts to registrar (filleted) - small 18.2

Hogarth Fine Art Lighting Ltd - Accounts to registrar (filleted) - small 18.2