Hayes Financial Ltd - Accounts


2020-07-03 2021-07-31 false Capium Accounts Production 1.1 12716900 bus:AbridgedAccounts 2020-07-03 2021-07-31 12716900 bus:FRS102 2020-07-03 2021-07-31 12716900 bus:AuditExempt-NoAccountantsReport 2020-07-03 2021-07-31 12716900 bus:SmallCompaniesRegimeForAccounts 2020-07-03 2021-07-31 12716900 bus:PrivateLimitedCompanyLtd 2020-07-03 2021-07-31 12716900 2020-07-03 2021-07-31 12716900 2021-07-31 12716900 bus:RegisteredOffice 2020-07-03 2021-07-31 12716900 core:WithinOneYear 2021-07-31 12716900 core:AfterOneYear 2021-07-31 12716900 bus:Director1 2020-07-03 2021-07-31 12716900 bus:Director1 2021-07-31 12716900 bus:Director2 2020-07-03 2021-07-31 12716900 bus:Director2 2021-07-31 12716900 2019-07-03 12716900 bus:CompanySecretary1 2020-07-03 2021-07-31 12716900 bus:LeadAgentIfApplicable 2020-07-03 2021-07-31 12716900 2020-07-02 12716900 bus:OrdinaryShareClass1 2020-07-03 2021-07-31 12716900 bus:OrdinaryShareClass1 2021-07-31 12716900 core:CostValuation core:Non-currentFinancialInstruments 2021-07-31 12716900 core:CostValuation core:Non-currentFinancialInstruments 2020-07-02 12716900 core:AdditionsToInvestments core:Non-currentFinancialInstruments 2021-07-31 12716900 core:DisposalsDecreaseInInvestments core:Non-currentFinancialInstruments 2021-07-31 12716900 core:RevaluationsIncreaseDecreaseInInvestments core:Non-currentFinancialInstruments 2021-07-31 12716900 core:Non-currentFinancialInstruments 2021-07-31 12716900 core:Non-currentFinancialInstruments 2020-07-02 12716900 core:ShareCapital 2021-07-31 12716900 core:RetainedEarningsAccumulatedLosses 2021-07-31 12716900 dpl:Item1 2020-07-03 12716900 dpl:Item1 2021-07-31 iso4217:GBP xbrli:shares xbrli:pure
Registered Number: 12716900


 

 

 

HAYES FINANCIAL LTD


Abridged Accounts
 


Period of accounts

Start date: 03 July 2020

End date: 31 July 2021
 
 
Notes
 
2021
£
Current assets    
Debtors 100 
Cash at bank and in hand 18,695 
18,795 
Creditors: amount falling due within one year (7,650)
Net current assets 11,145 
 
Total assets less current liabilities 11,145 
Net assets 11,145 
 

Capital and reserves
   
Called up share capital 100 
Profit and loss account 11,045 
Shareholder's funds 11,145 
 


For the period ended 31 July 2021 the company was entitled to exemption from audit under section 477 of the companies act 2006 relating to small companies.

Directors' responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476.
  2. The directors acknowledge their responsibilities for complying with the requirements of the companies act 2006 with respect to accounting records and the preparation of accounts.
These financial statements 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 Part 15 of the Companies Act 2006. In accordance with Section 444 of the Companies Act 2006, the income statement has not been delivered to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).
The financial statements were approved by the board of directors on 12 May 2022 and were signed on its behalf by:


--------------------------------
Atul DUGGAL
Director
1
General Information
Hayes Financial Ltd is a private company, limited by shares, registered in , registration number 12716900, registration address 26 Hayes End Drive, Hayes, Middlesex, UB4 8HD

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared on the going concern basis and under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.
The financial statements are prepared in sterling which is the functional currency of the company.
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Taxation
Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted
2.

Average number of employees

Average number of employees during the period was 0.
3.

Share Capital

Allotted, called up and fully paid
2021
£
100 Class A shares of £1.00 each 100 
100 

2