HH COACHING LIMITED 31/03/2022 iXBRL

HH COACHING LIMITED 31/03/2022 iXBRL

HH COACHING LIMITED - Company Information

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6 31/03/2022 2022-03-31 false false false false false false false false false false true false false true false false false false false false false No description of principal activities is disclosed 2021-03-29 Sage Accounts Production 21.0 - FRS102_2021 xbrli:pure xbrli:shares iso4217:GBP 13301699 2021-03-29 2022-03-31 13301699 2022-03-31 13301699 core:PlantMachinery 2021-03-29 2022-03-31 13301699 core:FurnitureFittingsToolsEquipment 2021-03-29 2022-03-31 13301699 core:OnerousContractsExcludingVacantProperties 2021-03-29 2022-03-31 13301699 bus:RegisteredOffice 2021-03-29 2022-03-31 13301699 bus:Director1 2021-03-29 2022-03-31 13301699 bus:Director2 2021-03-29 2022-03-31 13301699 bus:Director3 2021-03-29 2022-03-31 13301699 bus:Director4 2021-03-29 2022-03-31 13301699 core:PlantMachinery 2022-03-31 13301699 core:FurnitureFittingsToolsEquipment 2022-03-31 13301699 core:ShareCapital 2021-03-29 2022-03-31 13301699 core:RetainedEarningsAccumulatedLosses 2021-03-29 2022-03-31 13301699 core:WithinOneYear 2022-03-31 13301699 core:AfterOneYear 2022-03-31 13301699 core:ShareCapital 2022-03-31 13301699 core:RetainedEarningsAccumulatedLosses 2022-03-31 13301699 bus:SmallEntities 2021-03-29 2022-03-31 13301699 bus:AuditExemptWithAccountantsReport 2021-03-29 2022-03-31 13301699 bus:FullAccounts 2021-03-29 2022-03-31 13301699 bus:SmallCompaniesRegimeForAccounts 2021-03-29 2022-03-31 13301699 bus:PrivateLimitedCompanyLtd 2021-03-29 2022-03-31 13301699 core:ComputerEquipment 2021-03-29 2022-03-31 13301699 core:ComputerEquipment 2022-03-31
Company registration number: 13301699
HH COACHING LIMITED
Unaudited filleted financial statements
31 March 2022
HH COACHING LIMITED
Directors and other information
Directors Matthew Loader
Hebe Hiom
Lee Hiom
Victoria Hiom
Company number 13301699
Registered office THE GRANGE
THE STREET
YATTON KEYNELL
SN14 7BA
HH COACHING LIMITED
Statement of financial position
31 March 2022
31/03/22
Note £ £
Fixed assets
Tangible assets 5 25,905
_______
25,905
Current assets
Debtors 6 95,452
Cash at bank and in hand 1,057
_______
96,509
Creditors: amounts falling due
within one year 7 ( 79,608)
_______
Net current assets 16,901
_______
Total assets less current liabilities 42,806
Creditors: amounts falling due
after more than one year 8 ( 9,913)
Provisions for liabilities ( 4,922)
_______
Net assets 27,971
_______
Capital and reserves
Called up share capital 2
Profit and loss account 27,969
_______
Shareholders funds 27,971
_______
For the period ending 31 March 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
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 comprehensive income has not been delivered.
These financial statements were approved by the board of directors and authorised for issue on 20 December 2022 , and are signed on behalf of the board by:
Matthew Loader
Director
Company registration number: 13301699
HH COACHING LIMITED
Statement of changes in equity
Period ended 31 March 2022
Called up share capital Profit and loss account Total
£ £ £
At 29 March 2021 - - -
Profit for the period 87,969 87,969
_______ _______ _______
Total comprehensive income for the period - 87,969 87,969
Issue of shares 2 2
Dividends paid and payable ( 60,000) ( 60,000)
_______ _______ _______
Total investments by and distributions to owners 2 ( 60,000) ( 59,998)
_______ _______ _______
At 31 March 2022 2 27,969 27,971
_______ _______ _______
HH COACHING LIMITED
Notes to the financial statements
Period ended 31 March 2022
1. General information
The company is a private company limited by shares, registered in ENGLAND. The address of the registered office is THE GRANGE, THE STREET, YATTON KEYNELL, SN14 7BA.
2. Statement of compliance
These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and 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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.
Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
Taxation
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in statement of comprehensive income.Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
Tangible assets
Tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Plant and machinery - 20 % reducing balance
Fittings fixtures and equipment - 25 % reducing balance
IT equipment - 33.33 % straight line
If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.
Impairment
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. When it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets.
Provisions
Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event; it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense.
Financial instruments
The company only enters into basic financial instruments transactions that result in the recognition of the financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties. Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in profit or loss.
Defined contribution plans
Contributions to defined contribution plans are recognised as an expense in the period in which the employee related service is provided.
4. Employee numbers
The average number of persons employed by the company during the period amounted to 6
5. Tangible assets
Plant and machinery Fixtures, fittings and equipment IT equipment Total
£ £ £ £
Cost
At 29 March 2021 - - - -
Additions 23,686 3,128 2,385 29,199
_______ _______ _______ _______
At 31 March 2022 23,686 3,128 2,385 29,199
_______ _______ _______ _______
Depreciation
At 29 March 2021 - - - -
Charge for the year 2,098 521 675 3,294
_______ _______ _______ _______
At 31 March 2022 2,098 521 675 3,294
_______ _______ _______ _______
Carrying amount
At 31 March 2022 21,588 2,607 1,710 25,905
_______ _______ _______ _______
6. Debtors
31/03/22
£
Trade debtors 53,867
Other debtors 41,585
_______
95,452
_______
7. Creditors: amounts falling due within one year
31/03/22
£
Trade creditors 20,450
Taxes 7,262
Other creditors 51,896
_______
79,608
_______
8. Creditors: amounts falling due after more than one year
31/03/22
£
Other creditors 9,913
_______