Honeypot Superstores Limited 31/10/2021 iXBRL
Honeypot Superstores Limited 31/10/2021 iXBRL
Company registration number:
03470830
Contents
Directors and other information
Statement of financial position
Notes to the financial statements
Directors and other information
Director |
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Secretary |
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Company number |
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Registered office |
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Business address |
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Accountants |
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117 Hanworth Road | ||
Hampton | ||
Middlesex | ||
TW12 3EA | ||
Bankers |
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Richmond Surrey Branch | ||
22 George Street | ||
Richmond Surrey | ||
TW9 1JW | ||
Statement of financial position
31 October 2021
2021 | 2020 | ||||||||
Note | £ | £ | £ | £ | |||||
Fixed assets | |||||||||
Tangible assets | 5 |
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_______ | _______ | ||||||||
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Current assets | |||||||||
Stocks |
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Debtors | 6 |
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Cash at bank and in hand |
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Creditors: amounts falling due | |||||||||
within one year | 7 |
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_______ | _______ | ||||||||
Net current assets |
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Total assets less current liabilities |
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Creditors: amounts falling due | |||||||||
after more than one year | 8 |
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Net assets |
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Capital and reserves | |||||||||
Called up share capital |
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Profit and loss account |
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_______ | _______ | ||||||||
Shareholders funds |
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Director's responsibilities:
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The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
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The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
These financial statements were approved by the
board of directors
and authorised for issue on
25 July 2022
, and are signed on behalf of the board by:
Director
Company registration number:
03470830
Notes to the financial statements
Year ended 31 October 2021
1.
General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 861 Honeypot Lane, Stanmore, Middlesex, HA7 1AR.
2.
Statement of compliance
3.
Accounting policies
Basis of preparation
Turnover
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.
Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
Taxation
Tangible assets
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Plant and machinery | - |
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Motor vehicles | - |
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Impairment
Stocks
Government grants
Financial instruments
4.
Employee numbers
The average number of persons employed by the company during the year amounted to
4
(2020:
4
).
5.
Tangible assets
Plant and machinery | Motor vehicles | Total | ||
£ | £ | £ | ||
Cost | ||||
At 1 November 2020 and 31 October 2021 |
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Depreciation | ||||
At 1 November 2020 |
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Charge for the year |
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At 31 October 2021 |
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Carrying amount | ||||
At 31 October 2021 |
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At 31 October 2020 |
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6.
Debtors
2021 | 2020 | |||
£ | £ | |||
Trade debtors |
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Other debtors |
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7.
Creditors: amounts falling due within one year
2021 | 2020 | |||
£ | £ | |||
Bank loans and overdrafts |
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Trade creditors |
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Corporation tax |
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Social security and other taxes |
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Other creditors |
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8.
Creditors: amounts falling due after more than one year
2021 | 2020 | |||
£ | £ | |||
Bank loans and overdrafts |
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Other creditors |
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The company received Bounce back loan of £50,000, for the term of six years from draw down and at a fixed interest of 2.5%. The loan is secured under the terms of UK government Bounce Back Loan guarantee scheme and the first year interest is paid by UK government.
9.
Directors advances, credits and guarantees
During the year the director entered into the following advances and credits with the company: | |||||
2021 | |||||
Balance brought forward | Advances /(credits) to the director | Amounts repaid | Balance o/standing | ||
£ | £ | £ | £ | ||
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2020 | |||||
Balance brought forward | Advances /(credits) to the director | Amounts repaid | Balance o/standing | ||
£ | £ | £ | £ | ||
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10.
Controlling party