W.D. Hobden Limited - Accounts to registrar (filleted) - small 22.3

W.D. Hobden Limited - Accounts to registrar (filleted) - small 22.3

W.D. HOBDEN LIMITED - Company Information

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REGISTERED NUMBER: 08418292 (England and Wales)














Unaudited Financial Statements

for the Year Ended 31 March 2022

for

W.D. Hobden Limited
W.D. Hobden Limited (Registered number: 08418292)






Contents of the Financial Statements
for the year ended 31 March 2022




Page

Company Information 1

Abridged Statement of Financial Position 2

Notes to the Financial Statements 4


W.D. Hobden Limited

Company Information
for the year ended 31 March 2022







DIRECTORS: W D Hobden
L D Hobden
G D Hobden





REGISTERED OFFICE: 48 The Paddock
Hadlow
Kent
TN11 0HF





REGISTERED NUMBER: 08418292 (England and Wales)





ACCOUNTANTS: ah partnership
Chartered Accountants
Stanley House
49 Dartford Road
Sevenoaks
Kent
TN13 3TE
1
W.D. Hobden Limited (Registered number: 08418292)

Abridged Statement of Financial Position
31 March 2022

2022 2021
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 3,000 6,000
Tangible assets 5 82,811 106,144
85,811 112,144

CURRENT ASSETS
Stocks 26,600 28,820
Debtors 386,278 79,328
Cash at bank 277,482 406,911
690,360 515,059
CREDITORS
Amounts falling due within one year 168,924 85,210
NET CURRENT ASSETS 521,436 429,849
TOTAL ASSETS LESS CURRENT
LIABILITIES
607,247
541,993

PROVISIONS FOR LIABILITIES 15,734 -
NET ASSETS 591,513 541,993

CAPITAL AND RESERVES
Called up share capital 6 100 100
Retained earnings 591,413 541,893
SHAREHOLDERS' FUNDS 591,513 541,993

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 notes form part of these financial statements

2 continued...
W.D. Hobden Limited (Registered number: 08418292)

Abridged Statement of Financial Position - continued
31 March 2022


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 Statement of Financial Position for the year ended 31 March 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 28 March 2023 and were signed on its behalf by:





W D Hobden - Director


The notes form part of these financial statements

3
W.D. Hobden Limited (Registered number: 08418292)

Notes to the Financial Statements
for the year ended 31 March 2022

1. STATUTORY INFORMATION

W.D. Hobden Limited 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2013, is being amortised evenly over its estimated useful life of ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance

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 statement of financial position date.


4 continued...
W.D. Hobden Limited (Registered number: 08418292)

Notes to the Financial Statements - continued
for the year ended 31 March 2022

2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2021 - 7 ) .

4. INTANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 April 2021
and 31 March 2022 30,000
AMORTISATION
At 1 April 2021 24,000
Amortisation for year 3,000
At 31 March 2022 27,000
NET BOOK VALUE

At 31 March 2022 3,000
At 31 March 2021 6,000

5 continued...
W.D. Hobden Limited (Registered number: 08418292)

Notes to the Financial Statements - continued
for the year ended 31 March 2022

5. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 April 2021 251,697
Additions 4,268
At 31 March 2022 255,965
DEPRECIATION
At 1 April 2021 145,553
Charge for year 27,601
At 31 March 2022 173,154
NET BOOK VALUE
At 31 March 2022 82,811
At 31 March 2021 106,144

6. CALLED UP SHARE CAPITAL


Allotted, issued and fully paid:
Number: Class: Nominal 2022 2021
value: £    £   
100 Ordinary 1 100 100

7. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2022 and 31 March 2021:

2022 2021
£    £   
W D Hobden
Balance outstanding at start of year 7,534 (524 )
Amounts advanced - 8,058
Amounts repaid (1,188 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 6,346 7,534

6