Company Registration No. 3003615 (England and Wales)
Hallmark Functions Limited
Unaudited accounts
for the year ended 31 March 2022
Hallmark Functions Limited
Statement of financial position
as at 31 March 2022
Tangible assets
47,438
35,686
Cash at bank and in hand
80,385
273,565
Creditors: amounts falling due within one year
(131,040)
(58,978)
Net current assets
425,207
223,256
Total assets less current liabilities
472,645
258,942
Creditors: amounts falling due after more than one year
(209,684)
(41,667)
Provisions for liabilities
Deferred tax
(9,013)
(6,780)
Net assets
253,948
210,495
Called up share capital
100
100
Profit and loss account
253,848
210,395
Shareholders' funds
253,948
210,495
For the year ending 31 March 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 director acknowledges his 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 and authorised for issue on 30 November 2022 and were signed on its behalf by
Krzysztof Wilkowski
Director
Company Registration No. 3003615
Hallmark Functions Limited
Notes to the Accounts
for the year ended 31 March 2022
Hallmark Functions Limited is a private company, limited by shares, registered in England and Wales, registration number 3003615. The registered office is 27-49 Willow Way, London, SE26 4QP, United Kingdom.
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.
In preparing these accounts the Director has given consideration to the company's future prospects taking into account the impact of the Coronavirus pandemic which has resulted in a significant reduction of business activity in the wider economy during the period immediately prior to and since the Balance Sheet date.
The company has traditionally maintained a high level of liquidity and this has enabled it comfortably to absorb the short-term effects of the lockdown measures imposed by the UK government in the wake of the pandemic. It has also moved swiftly to curtail unnecessary overheads to a level which can be sustained by ongoing income.
As a result the Director is confident that the company will be able to continue to trade profitably and to meet its liabilities as they fall due for the foreseeable future and therefore that the use of the Going Concern basis in the preparation of these accounts remains appropriate.
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:
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
Hallmark Functions Limited
Notes to the Accounts
for the year ended 31 March 2022
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 April 2021
13,101
56,425
69,526
Additions
16,970
10,595
27,565
At 31 March 2022
30,071
67,020
97,091
At 1 April 2021
11,698
22,142
33,840
Charge for the year
4,593
11,220
15,813
At 31 March 2022
16,291
33,362
49,653
At 31 March 2022
13,780
33,658
47,438
At 31 March 2021
1,403
34,283
35,686
Amounts falling due within one year
Trade debtors
24,169
5,311
Amounts due from group undertakings etc.
445,952
-
6
Creditors: amounts falling due within one year
2022
2021
Bank loans and overdrafts
46,111
8,333
Trade creditors
18,080
4,024
Taxes and social security
63,042
23,123
Loans from directors
-
22,807
7
Creditors: amounts falling due after more than one year
2022
2021
8
Average number of employees
During the year the average number of employees was 8 (2021: 8).
