HADDOCK_HOLDINGS_LTD - Accounts


Company registration number 11350747 (England and Wales)
HADDOCK HOLDINGS LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022
PAGES FOR FILING WITH REGISTRAR
HADDOCK HOLDINGS LTD
CONTENTS
Page
Balance sheet
1 - 2
Notes to the financial statements
3 - 5
HADDOCK HOLDINGS LTD (REGISTERED NUMBER: 11350747)
BALANCE SHEET
AS AT
31 MARCH 2022
31 March 2022
- 1 -
2022
2021
Notes
£
£
£
£
Fixed assets
Tangible assets
3
111,060
164,830
Current assets
Debtors
4
68,952
12,201
Cash at bank and in hand
124,375
217,733
193,327
229,934
Creditors: amounts falling due within one year
5
(105,374)
(338,319)
Net current assets/(liabilities)
87,953
(108,385)
Total assets less current liabilities
199,013
56,445
Creditors: amounts falling due after more than one year
6
(178,014)
(50,000)
Net assets
20,999
6,445
Capital and reserves
Called up share capital
105
105
Profit and loss reserves
20,894
6,340
Total equity
20,999
6,445

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

For the financial year ended 31 March 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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.

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

HADDOCK HOLDINGS LTD (REGISTERED NUMBER: 11350747)
BALANCE SHEET (CONTINUED)
AS AT
31 MARCH 2022
31 March 2022
- 2 -
The financial statements were approved by the board of directors and authorised for issue on 15 September 2022 and are signed on its behalf by:
Mr Stuart Simmons
Director
HADDOCK HOLDINGS LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022
- 3 -
1
Accounting policies
Company information

Haddock Holdings Ltd is a private company limited by shares incorporated in England and Wales. The registered office is 3rd Floor, 19 Borough High Street, London, SE1 9SE.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £1.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Going concern

Atruet the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.

1.3
Turnover

Turnover is recognised at the fair value of the consideration received or receivable for the services provided in the normal course of business, and is shown net of VAT.

 

1.4
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Leasehold land and buildings
Straight line over 5 years
Fixtures and fittings
100% first year
Computers
100% first year

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.5
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

HADDOCK HOLDINGS LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2022
- 4 -
2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2022
2021
Number
Number
Total
1
2
3
Tangible fixed assets
Land and buildings
Plant and machinery etc
Total
£
£
£
Cost
At 1 April 2021
269,528
1,650
271,178
Additions
-
0
136
136
At 31 March 2022
269,528
1,786
271,314
Depreciation and impairment
At 1 April 2021
104,698
1,650
106,348
Depreciation charged in the year
53,906
-
0
53,906
At 31 March 2022
158,604
1,650
160,254
Carrying amount
At 31 March 2022
110,924
136
111,060
At 31 March 2021
164,830
-
0
164,830
4
Debtors
2022
2021
Amounts falling due within one year:
£
£
Trade debtors
60,500
3,750
Other debtors
8,452
8,451
68,952
12,201
HADDOCK HOLDINGS LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2022
- 5 -
5
Creditors: amounts falling due within one year
2022
2021
£
£
Trade creditors
5,832
5,341
Corporation tax
18,883
(3,286)
Other taxation and social security
14,646
21,226
Other creditors
66,013
315,038
105,374
338,319
6
Creditors: amounts falling due after more than one year
2022
2021
£
£
Bank loans and overdrafts
178,014
50,000
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