Home Improvement Garage Doors Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 09338238 (England and Wales)

Financial Statements for the Year Ended 30 November 2021

for

Home Improvement Garage Doors Ltd

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

to

4

DIRECTOR:

Mr P C Calam

REGISTERED OFFICE:

23 Marigold Walk

Widmer End

High Wycombe

Buckinghamshire

HP15 6BZ

REGISTERED NUMBER:

09338238 (England and Wales)

FIXED ASSETS

Tangible assets

4

13,666

19,744

CURRENT ASSETS

Debtors

5

32,077

23,587

Cash at bank

43,977

46,662

76,054

70,249

CREDITORS

Amounts falling due within one year

6

(58,566

)

(55,648

)

NET CURRENT ASSETS

17,488

14,601

TOTAL ASSETS LESS CURRENT LIABILITIES

31,154

34,345

CREDITORS

Amounts falling due after more than one year

7

(7,348

)

(11,356

)

PROVISIONS FOR LIABILITIES

(2,310

)

-

NET ASSETS

21,496

22,989

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

21,494

22,987

21,496

22,989

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2021 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 3 August 2022 and were signed by:

Mr P C Calam - Director

1.	STATUTORY INFORMATION

Home Improvement Garage Doors 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 etc

-

25% on cost

Taxation

Taxation 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 statement of financial position date.

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.

Fixed assets

All fixed assets are initially recorded at cost.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2020 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 December 2020

28,808

Additions

1,171

Disposals

(208

)

At 30 November 2021

29,771

DEPRECIATION

At 1 December 2020

9,064

Charge for year

7,093

Eliminated on disposal

(52

)

At 30 November 2021

16,105

NET BOOK VALUE

At 30 November 2021

13,666

At 30 November 2020

19,744

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2021

2020

£

£

Trade debtors

29,769

20,283

Other debtors

2,308

3,304

32,077

23,587

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2021

2020

£

£

Hire purchase contracts

4,008

4,008

Trade creditors

25,351

17,102

Taxation and social security

10,038

5,381

Other creditors

19,169

29,157

58,566

55,648

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2021

2020

£

£

Hire purchase contracts

7,348

11,356