Breakthrough HR Limited Filleted accounts for Companies House (small and micro)

Breakthrough HR Limited Filleted accounts for Companies House (small and micro)

BREAKTHROUGH HR LIMITED - Company Information

Print Friendly Version

1 false false false true false false false false false true false false false false false false No description of principal activity 2021-01-01 Sage Accounts Production Advanced 2021 - FRS102_2021 854,250 16,500 870,750 870,750 854,250 xbrli:pure xbrli:shares iso4217:GBP 11093498 2021-01-01 2021-12-31 11093498 2021-12-31 11093498 2020-12-31 11093498 bus:OrdinaryShareClass1 2021-01-01 2021-12-31 11093498 bus:Director1 2021-01-01 2021-12-31 11093498 core:WithinOneYear 2021-12-31 11093498 core:WithinOneYear 2020-12-31 11093498 core:ShareCapital 2021-12-31 11093498 core:ShareCapital 2020-12-31 11093498 core:RetainedEarningsAccumulatedLosses 2021-12-31 11093498 core:RetainedEarningsAccumulatedLosses 2020-12-31 11093498 core:CostValuation core:Non-currentFinancialInstruments 2020-12-31 11093498 core:AdditionsToInvestments core:Non-currentFinancialInstruments 2021-12-31 11093498 core:CostValuation core:Non-currentFinancialInstruments 2021-12-31 11093498 core:Non-currentFinancialInstruments 2021-12-31 11093498 core:Non-currentFinancialInstruments 2020-12-31 11093498 bus:SmallEntities 2021-01-01 2021-12-31 11093498 bus:AuditExemptWithAccountantsReport 2021-01-01 2021-12-31 11093498 bus:FullAccounts 2021-01-01 2021-12-31 11093498 bus:SmallCompaniesRegimeForAccounts 2021-01-01 2021-12-31 11093498 bus:PrivateLimitedCompanyLtd 2021-01-01 2021-12-31 11093498 bus:OrdinaryShareClass1 2021-12-31 11093498 bus:OrdinaryShareClass1 2020-12-31
COMPANY REGISTRATION NUMBER: 11093498
Breakthrough HR Limited
Filleted Unaudited Financial Statements
31 December 2021
Breakthrough HR Limited
Statement of Financial Position
31 December 2021
2021
2020
Note
£
£
£
Fixed assets
Investments
4
870,750
854,250
Current assets
Cash at bank and in hand
8,690
100
Creditors: amounts falling due within one year
5
850,900
854,850
---------
---------
Net current liabilities
842,210
854,750
---------
---------
Total assets less current liabilities
28,540
( 500)
--------
----
Net assets/(liabilities)
28,540
( 500)
--------
----
Capital and reserves
Called up share capital
6
100
100
Profit and loss account
28,440
( 600)
--------
----
Shareholders funds/(deficit)
28,540
( 500)
--------
----
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 Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
For the year ending 31 December 2021 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
- 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 ;
- The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
These financial statements were approved by the board of directors and authorised for issue on 3 November 2022 , and are signed on behalf of the board by:
Mrs S Stewart
Director
Company registration number: 11093498
Breakthrough HR Limited
Notes to the Financial Statements
Year ended 31 December 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 131-133 New London Road, Chelmsford, Essex, CM2 0QT.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Investments
Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.
Financial instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment.
4. Investments
Other investments other than loans
£
Cost
At 1 January 2021
854,250
Additions
16,500
---------
At 31 December 2021
870,750
---------
Impairment
At 1 January 2021 and 31 December 2021
–
---------
Carrying amount
At 31 December 2021
870,750
---------
At 31 December 2020
854,250
---------
5. Creditors: amounts falling due within one year
2021
2020
£
£
Accruals and deferred income
900
4,850
Director loan accounts
850,000
850,000
---------
---------
850,900
854,850
---------
---------
6. Called up share capital
Issued, called up and fully paid
2021
2020
No.
£
No.
£
Ordinary shares of £ 1 each
100
100
100
100
----
----
----
----
7. Director's advances, credits and guarantees
At the year-end the company owed the director £850,000 (2020: £850,000) by means of a director loan account which is shown in creditors.