HART'S FOOD & EVENTS LTD

HART'S FOOD & EVENTS LTD

HART'S FOOD & EVENTS LTD - Company Information

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HART'S FOOD & EVENTS LTD

Company Registration Number:
08270467 (England and Wales)

Unaudited abridged accounts for the year ended 31 October 2019

Period of accounts

Start date: 01 November 2018

End date: 31 October 2019

HART'S FOOD & EVENTS LTD

Contents of the Financial Statements

for the Period Ended 31 October 2019

Balance sheet
Notes

HART'S FOOD & EVENTS LTD

Balance sheet

As at 31 October 2019


Notes
2019
2018


£
£
Fixed assets
Tangible assets: 3 10,459 13,342
Total fixed assets: 10,459 13,342
Current assets
Debtors:   25,797 27,393
Cash at bank and in hand: 16,620 627
Total current assets: 42,417 28,020
Creditors: amounts falling due within one year: 4 (47,402) (43,462)
Net current assets (liabilities): (4,985) (15,442)
Total assets less current liabilities: 5,474 (2,100)
Creditors: amounts falling due after more than one year: 5 (3,257) (5,429)
Provision for liabilities: (1,987) (3,457)
Total net assets (liabilities): 230 (10,986)
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 130 (11,086)
Shareholders funds: 230 (10,986)

The notes form part of these financial statements

HART'S FOOD & EVENTS LTD

Balance sheet statements

For the year ending 31 October 2019 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 30 July 2020
and signed on behalf of the board by:

Name: Mrs S Reeves-Hart
Status: Director

The notes form part of these financial statements

HART'S FOOD & EVENTS LTD

Notes to the Financial Statements

for the Period Ended 31 October 2019

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

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 and depreciation policy

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease turn, whichever is shorter. Fixtures and fittings - 15% on reducing balanceMotor vehicles - 25% on reducing balanceComputer equipment - 33% on cost

Intangible fixed assets and amortisation policy

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Other accounting policies

TaxationTaxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. Current or deferred taxation assets and liabilities are not discounted. Current tax is 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 TaxDeferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date. Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference. Unrelieved tax losses and other deferred tax assets are recognised only to the extend that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Hire purchase and leasing commitments.Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchased contracts are depreciated over their estimated lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is shorter. The interest element of these obligations is charged to the profit or loss over the relevant period. The capital element of the future payments is treated as a liability.Pension costs and other post-retirement benefits.The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

HART'S FOOD & EVENTS LTD

Notes to the Financial Statements

for the Period Ended 31 October 2019

2. Employees

2019 2018
Average number of employees during the period 11 11

HART'S FOOD & EVENTS LTD

Notes to the Financial Statements

for the Period Ended 31 October 2019

3. Tangible Assets

Total
Cost £
At 01 November 2018 29,807
Additions 2,007
Disposals (9,890)
At 31 October 2019 21,924
Depreciation
At 01 November 2018 16,465
Charge for year 3,130
On disposals (8,130)
At 31 October 2019 11,465
Net book value
At 31 October 2019 10,459
At 31 October 2018 13,342

HART'S FOOD & EVENTS LTD

Notes to the Financial Statements

for the Period Ended 31 October 2019

4. Creditors: amounts falling due within one year note

Trade Creditors £8,971Taxation and social security £15,415Other creditors £23,016Total £47,402

HART'S FOOD & EVENTS LTD

Notes to the Financial Statements

for the Period Ended 31 October 2019

5. Creditors: amounts falling due after more than one year note

Other creditors £3,257

HART'S FOOD & EVENTS LTD

Notes to the Financial Statements

for the Period Ended 31 October 2019

6. Loans to directors

Name of director receiving advance or credit: Mr C Hart
Description of the loan: The transaction was a loan of cash.
£
Balance at 01 November 2018 9,284
Advances or credits made: 3,253
Balance at 31 October 2019 12,537
Name of director receiving advance or credit: Mrs S Reeves-Hart
Description of the loan: The transaction was a loan of cash.
£
Balance at 01 November 2018 9,450
Advances or credits made: 3,456
Balance at 31 October 2019 12,906