Humberside G.E.S. Limited - Accounts to registrar (filleted) - small 23.1.2

Humberside G.E.S. Limited - Accounts to registrar (filleted) - small 23.1.2

HUMBERSIDE G.E.S. LIMITED - Company Information

Print Friendly Version

IRIS Accounts Production v23.1.0.753 02178300 Board of Directors 1.10.21 30.9.22 30.9.22 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure021783002021-09-30021783002022-09-30021783002021-10-012022-09-30021783002020-09-30021783002020-10-012021-09-30021783002021-09-3002178300ns16:EnglandWales2021-10-012022-09-3002178300ns15:PoundSterling2021-10-012022-09-3002178300ns11:Director12021-10-012022-09-3002178300ns11:PrivateLimitedCompanyLtd2021-10-012022-09-3002178300ns11:SmallEntities2021-10-012022-09-3002178300ns11:AuditExempt-NoAccountantsReport2021-10-012022-09-3002178300ns11:SmallCompaniesRegimeForDirectorsReport2021-10-012022-09-3002178300ns11:SmallCompaniesRegimeForAccounts2021-10-012022-09-3002178300ns11:FullAccounts2021-10-012022-09-3002178300ns11:Director22021-10-012022-09-3002178300ns11:RegisteredOffice2021-10-012022-09-3002178300ns6:CurrentFinancialInstruments2022-09-3002178300ns6:CurrentFinancialInstruments2021-09-3002178300ns6:ShareCapital2022-09-3002178300ns6:ShareCapital2021-09-3002178300ns6:RetainedEarningsAccumulatedLosses2022-09-3002178300ns6:RetainedEarningsAccumulatedLosses2021-09-3002178300ns6:LandBuildings2021-10-012022-09-3002178300ns6:PlantMachinery2021-10-012022-09-3002178300ns6:LandBuildings2021-09-3002178300ns6:PlantMachinery2021-09-3002178300ns6:LandBuildings2022-09-3002178300ns6:PlantMachinery2022-09-3002178300ns6:LandBuildings2021-09-3002178300ns6:PlantMachinery2021-09-3002178300ns6:WithinOneYearns6:CurrentFinancialInstruments2022-09-3002178300ns6:WithinOneYearns6:CurrentFinancialInstruments2021-09-30
REGISTERED NUMBER: 02178300 (England and Wales)













UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2022

FOR

HUMBERSIDE G.E.S. LIMITED
HUMBERSIDE G.E.S. LIMITED (REGISTERED NUMBER: 02178300)

CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 30 September 2022










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


HUMBERSIDE G.E.S. LIMITED

COMPANY INFORMATION
for the Year Ended 30 September 2022







DIRECTORS: I B Everard
B Everard





REGISTERED OFFICE: Unit 3, Venture Park
Witty Street
Hull
HU3 4TT





REGISTERED NUMBER: 02178300 (England and Wales)





ACCOUNTANTS: Sowerby
Chartered Accountants
Beckside Court
Annie Reed Road
Beverley
East Yorkshire
HU17 0LF
-1-
HUMBERSIDE G.E.S. LIMITED (REGISTERED NUMBER: 02178300)

BALANCE SHEET
30 September 2022

2022 2021
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 102,465 104,448

CURRENT ASSETS
Stocks 5,000 1,000
Debtors 5 26,776 45,528
Cash at bank 161,263 143,981
193,039 190,509
CREDITORS
Amounts falling due within one year 6 41,516 57,967
NET CURRENT ASSETS 151,523 132,542
TOTAL ASSETS LESS CURRENT
LIABILITIES
253,988
236,990

PROVISIONS FOR LIABILITIES 113 -
NET ASSETS 253,875 236,990

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 253,775 236,890
SHAREHOLDERS' FUNDS 253,875 236,990

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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...
HUMBERSIDE G.E.S. LIMITED (REGISTERED NUMBER: 02178300)

BALANCE SHEET - continued
30 September 2022


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

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 3 April 2023 and were signed on its behalf by:





I B Everard - Director


The notes form part of these financial statements

-3-
HUMBERSIDE G.E.S. LIMITED (REGISTERED NUMBER: 02178300)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 30 September 2022


1. STATUTORY INFORMATION

Humberside G.E.S. Limited is a private company limited by shares, incorporated and domiciled in England. The company's registered number is 02178300 and its registered office address and principal place of business is Unit 3, Venture Park, Witty Street, Hull, HU3 4TT.

The financial statements are presented in Sterling, which is the functional currency of the company and cover the individual entity only.

The principal activity of the company is the supply and repair of industrial equipment.

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 the amount derived from ordinary activities, measured at the fair value of the consideration received or receivable. Turnover excludes value added tax and trade discounts.

Turnover from the sale of goods is recognised at the point of sale.

Turnover from services is recognised on completion of service, or when those services span the year end date, by reference to the stage of completion at the balance sheet date.

All sales are recognised at the point which the company has fulfilled its contractual obligations and the risks and rewards attached to the product, have been transferred to the customer.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Land and buildings - 2% on cost
Plant and machinery etc - 20% on cost and 15% on cost

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses.

Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell, after making, due allowance for obsolete and slow moving items.

Cost comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition. Stock is calculated on the first in first out basis.

In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacture/completion.


-4- continued...
HUMBERSIDE G.E.S. LIMITED (REGISTERED NUMBER: 02178300)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 September 2022


2. ACCOUNTING POLICIES - continued
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.

Government grants
Government grants in respect of Covid support are taken to profit in the year they are received.

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 October 2021 126,449 19,049 145,498
Additions - 765 765
At 30 September 2022 126,449 19,814 146,263
DEPRECIATION
At 1 October 2021 22,123 18,927 41,050
Charge for year 2,529 219 2,748
At 30 September 2022 24,652 19,146 43,798
NET BOOK VALUE
At 30 September 2022 101,797 668 102,465
At 30 September 2021 104,326 122 104,448

-5- continued...
HUMBERSIDE G.E.S. LIMITED (REGISTERED NUMBER: 02178300)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 September 2022


5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Trade debtors 24,583 44,269
Other debtors 2,193 1,259
26,776 45,528

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Trade creditors 22,348 21,500
Taxation and social security 12,556 21,031
Other creditors 6,612 15,436
41,516 57,967

7. RELATED PARTY DISCLOSURES

During the year, total dividends of £32,000 (2021 - £32,225) were paid to the directors .

Included within other creditors is a loan to the company from the director, I B Everard. The balance outstanding at 30 September 2022 was £2,916 (2021 - £12,172).

Also included is a loan from the director B Everard £ 1,000 (2021: 2,000).

The loans were made on an interest free basis and are repayable on demand.

8. ULTIMATE CONTROLLING PARTY

The controlling party is I B Everard.

-6-