HART'S FOOD & EVENTS LTD

HART'S FOOD & EVENTS LTD

HART'S FOOD & EVENTS LTD - Company Information

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HART'S FOOD & EVENTS LTD

Company Registration Number:
08270467 (England and Wales)

Unaudited abridged accounts for the year ended 30 April 2022

Period of accounts

Start date: 01 May 2021

End date: 30 April 2022

HART'S FOOD & EVENTS LTD

Contents of the Financial Statements

for the Period Ended 30 April 2022

Balance sheet
Notes

HART'S FOOD & EVENTS LTD

Balance sheet

As at 30 April 2022


Notes
2022
18 months to 30 April 2021


£
£
Fixed assets
Tangible assets: 3 2,602 7,006
Total fixed assets: 2,602 7,006
Current assets
Debtors:   40,580 45,092
Cash at bank and in hand: 11 11
Total current assets: 40,591 45,103
Creditors: amounts falling due within one year: 4 (24,872) (29,206)
Net current assets (liabilities): 15,719 15,897
Total assets less current liabilities: 18,321 22,903
Creditors: amounts falling due after more than one year: 5 (17,786) (20,000)
Provision for liabilities: (495) (1,331)
Total net assets (liabilities): 40 1,572
Capital and reserves
Called up share capital: 100 100
Profit and loss account: (60) 1,472
Shareholders funds: 40 1,572

The notes form part of these financial statements

HART'S FOOD & EVENTS LTD

Balance sheet statements

For the year ending 30 April 2022 the company was entitled to exemption 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 Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 23 February 2023
and signed on behalf of the board by:

Name: Mr C Hart
Status: Director

The notes form part of these financial statements

HART'S FOOD & EVENTS LTD

Notes to the Financial Statements

for the Period Ended 30 April 2022

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

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

Tangible fixed assets and depreciation policy

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is shorter.Fixtures & fittings - 15% on reducing balanceMotor vehicles - 25% on reducing balanceComputer equipment - 33% on cost

Other accounting policies

Deferred taxDeferred 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 recongnised only to the extent that it is probably that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Hire purchase and leasing commitmentsAssets obtained under hire purchased contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is shorter.The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

HART'S FOOD & EVENTS LTD

Notes to the Financial Statements

for the Period Ended 30 April 2022

2. Employees

2022 18 months to 30 April 2021
Average number of employees during the period 2 7

HART'S FOOD & EVENTS LTD

Notes to the Financial Statements

for the Period Ended 30 April 2022

3. Tangible Assets

Total
Cost £
At 01 May 2021 21,924
Disposals (14,168)
At 30 April 2022 7,756
Depreciation
At 01 May 2021 14,918
Charge for year 460
On disposals (10,224)
At 30 April 2022 5,154
Net book value
At 30 April 2022 2,602
At 30 April 2021 7,006

HART'S FOOD & EVENTS LTD

Notes to the Financial Statements

for the Period Ended 30 April 2022

4. Creditors: amounts falling due within one year note

Bank loans and overdrafts £1,535 (2021 : £255)Trade creditors £406 (2021 : £6,553)Taxation and social security £22,081 (2021 : £20,922)Other creditors £850 (2021 : £1,476)

HART'S FOOD & EVENTS LTD

Notes to the Financial Statements

for the Period Ended 30 April 2022

5. Creditors: amounts falling due after more than one year note

Bank loans £17,786 (2021 : £20,000)

HART'S FOOD & EVENTS LTD

Notes to the Financial Statements

for the Period Ended 30 April 2022

6. Loans to directors

Name of director receiving advance or credit: Mr C Hart
Description of the loan: A loan of cash.
£
Balance at 01 May 2021 17,584
Advances or credits repaid: 8,064
Balance at 30 April 2022 9,520
Name of director receiving advance or credit: Mrs S E Reeves-Hart
Description of the loan: A loan of cash.
£
Balance at 01 May 2021 19,241
Advances or credits made: 22
Advances or credits repaid: 7,184
Balance at 30 April 2022 12,079

In addition the company has guaranteed the Section 455 liability as a loan to the Directors in the sum of £5,714 (2021 : £4,075) for Mr C Hart and £6,260 (2021 : £4,194) for Mrs S E Reeves Hart.