HG Hamper Ltd - Accounts to registrar (filleted) - small 22.3

REGISTERED NUMBER: 12946442 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 October 2022

for

HG Hamper Ltd

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs E Theakston

Mrs S Green

REGISTERED OFFICE:

25 Almsford Avenue

Harrogate

HG2 8HD

REGISTERED NUMBER:

12946442 (England and Wales)

ACCOUNTANTS:

Wild & Co Chartered Accountants

Windsor House

Cornwall Road

Harrogate

HG1 2PW

FIXED ASSETS

Tangible assets

4

66

95

CURRENT ASSETS

Stocks

2,000

514

Debtors

2,706

-

Cash at bank

1,219

191

5,925

705

CREDITORS

Amounts falling due within one year

5,079

2,002

NET CURRENT ASSETS/(LIABILITIES)

846

(1,297

)

TOTAL ASSETS LESS CURRENT LIABILITIES

912

(1,202

)

CAPITAL AND RESERVES

Called up share capital

5

2

2

Retained earnings

910

(1,204

)

SHAREHOLDERS' FUNDS

912

(1,202

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2022 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 October 2022 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 16 January 2023 and were signed on its behalf by:

Mrs S Green - Director

Mrs E Theakston - Director

1.	STATUTORY INFORMATION

HG Hamper Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

25% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2021 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 November 2021

and 31 October 2022

113

DEPRECIATION

At 1 November 2021

18

Charge for year

29

At 31 October 2022

47

NET BOOK VALUE

At 31 October 2022

66

At 31 October 2021

95

5.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.10.22

31.10.21

value:

£

£

2

Ordinary

1

2

2

6.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the year ended 31 October 2022 and the period ended 31 October 2021:

31.10.22

31.10.21

£

£

Mrs S Green

Balance outstanding at start of year

(932

)

-

Amounts advanced

(1,337

)

(3,092

)

Amounts repaid

1,130

2,160

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(1,139

)

(932

)

Mrs E Theakston

Balance outstanding at start of year

(961

)

-

Amounts advanced

(1,435

)

(2,683

)

Amounts repaid

984

1,722

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(1,412

)

(961

)

The director loans of £2,551 are money advanced to the Company by the Directors as at 31 October 2022..The loans are unsecured and interest free. The loans are repayable on demand

7.	RELATED PARTY DISCLOSURES

The director loans of £2,551 are money advanced to the Company by the Directors as at 31 October 2022.The loans are unsecured and interest free. The loans are repayable on demand

8.	ULTIMATE CONTROLLING PARTY

The directors are the ultimate controlling party by virtue of their shareholding.