Hudjo Limited 31/10/2022 iXBRL

Hudjo Limited 31/10/2022 iXBRL

HUDJO LTD - Company Information

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0 31/10/2022 2022-10-31 false false false false false false false false false false true false false true false false false false false true false No description of principal activities is disclosed 2021-11-01 Sage Accounts Production 21.0 - FRS102_2021 xbrli:pure xbrli:shares iso4217:GBP 12011426 2021-11-01 2022-10-31 12011426 2022-10-31 12011426 2021-10-31 12011426 bus:Director1 2021-11-01 2022-10-31 12011426 core:WithinOneYear 2022-10-31 12011426 core:WithinOneYear 2021-10-31 12011426 core:ShareCapital 2022-10-31 12011426 core:ShareCapital 2021-10-31 12011426 core:RetainedEarningsAccumulatedLosses 2022-10-31 12011426 core:RetainedEarningsAccumulatedLosses 2021-10-31 12011426 bus:Director1 2021-10-31 12011426 bus:Director1 2022-10-31 12011426 bus:Director1 2020-10-31 12011426 bus:Director1 2021-10-31 12011426 bus:Director1 2020-11-01 2021-10-31 12011426 bus:SmallEntities 2021-11-01 2022-10-31 12011426 bus:AuditExempt-NoAccountantsReport 2021-11-01 2022-10-31 12011426 bus:FullAccounts 2021-11-01 2022-10-31 12011426 bus:SmallCompaniesRegimeForAccounts 2021-11-01 2022-10-31 12011426 bus:PrivateLimitedCompanyLtd 2021-11-01 2022-10-31 12011426 1 2021-11-01 2022-10-31
Company registration number: 12011426
Hudjo Limited
Unaudited filleted financial statements
31 October 2022
Hudjo Limited
Contents
Statement of financial position
Notes to the financial statements
Hudjo Limited
Statement of financial position
31 October 2022
2022 2021
Note £ £ £ £
Current assets
Debtors 4 246 -
Cash at bank and in hand 319 4,224
_______ _______
565 4,224
Creditors: amounts falling due
within one year 5 ( 27,704) ( 26,719)
_______ _______
Net current liabilities ( 27,139) ( 22,495)
_______ _______
Total assets less current liabilities ( 27,139) ( 22,495)
_______ _______
Net liabilities ( 27,139) ( 22,495)
_______ _______
Capital and reserves
Called up share capital 1 1
Profit and loss account ( 27,140) ( 22,496)
_______ _______
Shareholders deficit ( 27,139) ( 22,495)
_______ _______
For the year ending 31 October 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the income statement has not been delivered.
These financial statements were approved by the board of directors and authorised for issue on 29 July 2023 , and are signed on behalf of the board by:
Mr D P Gamble
Director
Company registration number: 12011426
Hudjo Limited
Notes to the financial statements
Year ended 31 October 2022
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Hudjo Limited, Brooklands House, 58 Marlborough Road, Lancing, West Sussex, BN15 8AF.
2. Statement of compliance
These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Going concern
At 31 October 2022 the company had excess liabilities over assets totalling £27,139. The company is dependent upon the continued financial support of the director and on the basis that this support is forthcoming, the director considers it appropriate for the financial statements to be prepared on the going concern basis.
Taxation
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
Financial instruments
A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument.
Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.
4. Debtors
2022 2021
£ £
Other debtors 246 -
_______ _______
5. Creditors: amounts falling due within one year
2022 2021
£ £
Trade creditors 660 -
Other creditors 27,044 26,719
_______ _______
27,704 26,719
_______ _______
6. Directors advances, credits and guarantees
During the year the directors entered into the following advances and credits with the company:
2022
Balance brought forward Advances /(credits) to the directors Balance o/standing
£ £ £
Mr D P Gamble ( 26,059) ( 325) ( 26,384)
_______ _______ _______
2021
Balance brought forward Advances /(credits) to the directors Balance o/standing
£ £ £
Mr D P Gamble ( 26,495) 436 ( 26,059)
_______ _______ _______
7. Controlling party
The company is under the control of the directors