H2F WORLDWIDE LTD
H2F WORLDWIDE LTD
Company Registration No. 08738640 (England and Wales)
Page
- 2 -
Director
Company Number
Registered Office
Accountants
- 3 -
Accountants' report to the director of H2F WORLDWIDE LTD on the preparation of the unaudited statutory accounts for the year ended 31 October 2021
This report is made solely to the Board of Directors of H2F WORLDWIDE LTD , as a body, in accordance with the terms of our engagement letter dated 2 December 2019. Our work has been undertaken solely to prepare for your approval the accounts of H2F WORLDWIDE LTD and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than H2F WORLDWIDE LTD and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that H2F WORLDWIDE LTD has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of H2F WORLDWIDE LTD . You consider that H2F WORLDWIDE LTD is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of H2F WORLDWIDE LTD . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
- 4 -
2021
2020
Notes
£
£
Fixed assets
Current assets
Cash at bank and in hand
Net current assets/(liabilities)
(220,831 )
Total assets less current liabilities
(105,058 )
Net liabilities
(118,695 )
(105,058 )
Capital and reserves
Profit and loss account
(118,795 )
(105,158 )
Shareholders' funds
(118,695 )
(105,058 )
The financial statements were approved by the Board and authorised for issue on 11 February 2022 and were signed on its behalf by
- 5 -
1
Statutory information
2
Compliance with accounting standards
3
Accounting policies
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.
Basis of preparation
Presentation currency
Turnover
Tangible fixed assets policy
Motor vehicles
Leasehold Property
4
Intangible fixed assets
Other
£
Cost
At 1 November 2020
At 31 October 2021
Amortisation
At 1 November 2020
At 31 October 2021
Net book value
At 31 October 2021
At 31 October 2020
- 6 -
5
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Total
£
£
£
Cost or valuation
At cost
At cost
At 1 November 2020
Disposals
(4,585 )
(4,585 )
At 31 October 2021
Depreciation
At 1 November 2020
Charge for the year
(1,038 )
(45 )
On disposals
(4,585 )
(4,585 )
At 31 October 2021
Net book value
At 31 October 2021
At 31 October 2020
(1,038 )
(45 )
6
Creditors: amounts falling due within one year
2021
2020
£
£
Other creditors
Loans from directors
7
Creditors: amounts falling due after more than one year
2021
2020
£
£
Bank loans
Loans from directors
8
Share capital
2021
2020
£
£
Allotted, called up and fully paid:
9
Transactions with related parties
10
Average number of employees
During the year the average number of employees was 1 (2020: 1 ).
- 7 -