HMJ Carriages Limited Accounts

HMJ CARRIAGES LIMITED - Company Information






HMJ Carriages Limited

	Company No. 12380637
		Information for Filing with The Registrar
			Period Ended
		31 December 2020

at	31 December 2020
Company No.		12380637	Notes	2020
				£






Current assets



	Cash at bank and in hand			10,070
				10,070
Creditors: Amount falling due within one year			4	(10,387)
Net current liabilities				(317)
Total assets less current liabilities				(317)




Net liabilities				(317)

Capital and reserves
	Called up share capital		5	1



	Profit and loss account		6	(318)

Total equity				(317)



These accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime of the Companies Act 2006.

For the period ended 31 December 2020 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 Companies Act 2006 with respect to accounting records and the preparation of accounts.



As permitted by section 444 (5A)of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company's profit and loss account.

Approved by the board on 23 December 2021
And signed on its behalf by:
M. Jolly
Director
23 December 2021

for the period ended 31 December 2020

General information

Its registered number is: 12380637

Its registered office is:

Unit 2 Station Yard Station

Milford

Godalming

Surrey

GU8 5AD

The functional and presentational currency of the company is Sterling. The accounts are rounded to the nearest pound.

The accounts have been prepared in accordance with FRS 102 Section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland (March 2018) and the Companies Act 2006.

Accounting policies

Turnover

Turnover is recognised at the fair value of the consideration received or receivable from services the
Company supplies to customers.

Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as
reported in the profit and loss account because of items of income or expense that are taxable or
deductible in other years and items that are never taxable or deductible. The Company's liability for
current tax is calculated using tax rates that have been enacted or substantively enacted by the end of
the reporting period.

Current tax for the year is recognised in profit or loss, except when they relate to items that are
recognised in other comprehensive income or directly in equity, in which case, the current tax is also
recognised in other comprehensive income or directly in equity respectively.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts.

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty or notice of not more than 24 hours.

Trade and other creditors

Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Provisions

Provisions are made where an event has taken place that gives the Company a legal or constructive obligation that probably requires settlement by a transfer of economic benefit, and a reliable estimate can be made of the amount of the obligation.

Provisions are charged as an expense to the profit and loss account in the year that the Company becomes aware of the obligation, and are measured at the best estimate at balance sheet date of the expenditure required to settle the obligation, taking into account relevant risks and uncertainties.

When payments are eventually made, they are charged to the provision carried in the balance sheet.

3	Employees
			52 weeks ended 31 December
			2020
			Number
		The average monthly number of employees (including directors) during the period:	1

4	Creditors:
		amounts falling due within one year
			52 weeks ended 31 December
			2020
			£








		Loans from directors	9,451

		Accruals and deferred income	936
			10,387

5	Share Capital
			52 weeks ended 31 December
			2020
			£
		1 ordinary shares of £1 each	1
			1

Reserves

Profit and loss account - includes all current and prior period retained profits and losses.

Related party transactions

At the Balance Sheet date the company owed £9,451 to the director.