Company Registration No. 11822604 (England and Wales)
Hireheat Ltd
Unaudited accounts
for the year ended 28 February 2022
Hireheat Ltd
Unaudited accounts
Contents
Hireheat Ltd
Company Information
for the year ended 28 February 2022
Directors
Mr G Kay
Mr J Blackburn
Company Number
11822604 (England and Wales)
Registered Office
Oakleigh Farm Buckland Road
Higham
Rochester
Kent
ME3 7HY
England
Hireheat Ltd
Statement of financial position
as at 28 February 2022
Tangible assets
211,372
130,623
Cash at bank and in hand
35,260
24,656
Creditors: amounts falling due within one year
(270,177)
(148,853)
Net current assets
13,553
73,339
Net assets
224,925
203,962
Called up share capital
100
100
Profit and loss account
224,825
203,862
Shareholders' funds
224,925
203,962
For the year ending 28 February 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts 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 FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 30 November 2022 and were signed on its behalf by
Mr G Kay
Director
Company Registration No. 11822604
Hireheat Ltd
Notes to the Accounts
for the year ended 28 February 2022
Hireheat Ltd is a private company, limited by shares, registered in England and Wales, registration number 11822604. The registered office is Oakleigh Farm Buckland Road, Higham, Rochester, Kent, ME3 7HY, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
4 years
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 March 2021
140,119
67,822
-
207,941
Additions
140,999
35,764
217
176,980
At 28 February 2022
281,118
103,586
217
384,921
At 1 March 2021
50,030
27,288
-
77,318
Charge for the year
70,280
25,896
55
96,231
At 28 February 2022
120,310
53,184
55
173,549
At 28 February 2022
160,808
50,402
162
211,372
At 28 February 2021
90,089
40,534
-
130,623
Hireheat Ltd
Notes to the Accounts
for the year ended 28 February 2022
Amounts falling due within one year
Trade debtors
212,346
187,555
Other debtors
36,124
9,981
6
Creditors: amounts falling due within one year
2022
2021
Bank loans and overdrafts
41,622
50,000
Obligations under finance leases and hire purchase contracts
23,646
-
Trade creditors
73,778
31,100
Taxes and social security
36,541
1,984
Loans from directors
128,753
27,162
7
Average number of employees
During the year the average number of employees was 3 (2021: 2).
