Steve Hodgkins Ltd iXBRL

Steve Hodgkins Ltd iXBRL

STEVE HODGKINS LTD - Company Information

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Surf AccountsProduction v1.0.0 v1.0.0 2021-12-15 The company was not dormant during the period The company was trading for the entire period Unaudited Accounts The principal activity of the company is that of carpentry and joinery. 6 September 2023 2 13802963 2023-03-31 13802963 2021-12-14 13802963 2021-12-15 2023-03-31 13802963 uk-bus:PrivateLimitedCompanyLtd 2021-12-15 2023-03-31 13802963 uk-curr:PoundSterling 2021-12-15 2023-03-31 13802963 uk-bus:AbridgedAccounts 2021-12-15 2023-03-31 13802963 uk-core:ShareCapital 2023-03-31 13802963 uk-core:RetainedEarningsAccumulatedLosses 2023-03-31 13802963 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2023-03-31 13802963 uk-bus:FRS102 2021-12-15 2023-03-31 13802963 uk-core:PlantMachinery 2021-12-15 2023-03-31 13802963 uk-core:MotorVehicles 2021-12-15 2023-03-31 13802963 2021-12-15 2023-03-31 13802963 uk-bus:Director1 2021-12-15 2023-03-31 13802963 uk-bus:CompanySecretaryDirector1 2021-12-15 2023-03-31 13802963 uk-bus:AuditExempt-NoAccountantsReport 2021-12-15 2023-03-31 xbrli:pure iso4217:GBP xbrli:shares
 
 
 
Steve Hodgkins Ltd
 
Abridged Unaudited Financial Statements
 
for the financial period from 15 December 2021 (date of incorporation) to 31 March 2023



Steve Hodgkins Ltd
Company Registration Number: 13802963
ABRIDGED BALANCE SHEET
as at 31 March 2023

Mar 23
Notes £
 
Fixed Assets
Tangible assets 7 21,379
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Current Assets
Cash and cash equivalents 3,241
Creditors: amounts falling due within one year (7,214)
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Net Current Liabilities (3,973)
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Total Assets less Current Liabilities 17,406
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Capital and Reserves
Called up share capital 4
Retained earnings 17,402
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Equity attributable to owners of the company 17,406
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The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A (Small Entities).
       
All of the members have consented to the preparation of abridged accounts in accordance with section 444(2A) of the Companies Act 2006.
       
The company has taken advantage of the exemption under section 444 not to file the Abridged Profit and Loss Account and Directors' Report.
For the financial period from 15 December 2021 (date of incorporation) to 31 March 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.
       
The directors confirm that the members have not required the company to obtain an audit of its financial statements for the financial period in question in accordance with section 476 of the Companies Act 2006.
       
The directors acknowledge their responsibilities for ensuring that the company keeps accounting records which comply with section 386 and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial period and of its profit and loss for the financial period 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.
       
Approved by the Board and authorised for issue on 6 September 2023 and signed on its behalf by
       
       
________________________________     ________________________________
Mr S Hodgkins     Ms R King
Director     Director
       



Steve Hodgkins Ltd
NOTES TO THE ABRIDGED FINANCIAL STATEMENTS
for the financial period from 15 December 2021 (date of incorporation) to 31 March 2023

   
1. General Information
 
Steve Hodgkins Ltd  is a company limited by shares incorporated and registered in the United Kingdom. The registered number of the company is 13802963. The registered office of the company is 122 Chichester Road, Bognor Regis, West Sussex, PO21 5AA, United Kingdom. The principal activity of the company is that of carpentry and joinery. The financial statements have been presented in Pound (£) which is also the functional currency of the company.
         
2. Summary of Significant Accounting Policies
 
The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the company's financial statements.
 
Statement of compliance
The financial statements of the company for the financial period ended 31 March 2023 have been prepared in accordance with the provisions of FRS 102 Section 1A (Small Entities) and the Companies Act 2006. These are the company's first set of financial statements prepared in accordance with FRS 102.
 
Basis of preparation
The financial statements have been prepared on the going concern basis and in accordance with the historical cost convention except for certain properties and financial instruments that are measured at revalued amounts or fair values, as explained in the accounting policies below. Historical cost is generally based on the fair value of the consideration given in exchange for assets.
 
Turnover
Turnover comprises the invoice value of goods supplied by the company, exclusive of trade discounts and value added tax.
 
Tangible assets and depreciation
Tangible assets are stated at cost or at valuation, less accumulated depreciation. The charge to depreciation is calculated to write off the original cost or valuation of tangible assets, less their estimated residual value, over their expected useful lives as follows:
 
  Plant and machinery - 15% Straight line
  Motor vehicles - 25% Straight line
 
The carrying values of tangible fixed assets are reviewed annually for impairment in periods if events or changes in circumstances indicate the carrying value may not be recoverable.
 
Trade and other creditors
Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.
 
Taxation
Current tax represents the amount expected to be paid or recovered in respect of taxable profits for the financial period and is calculated using the tax rates and laws that have been enacted or substantially enacted at the Balance Sheet date.
 
Ordinary share capital
The ordinary share capital of the company is presented as equity.
   
3. Adoption of FRS 102 Section 1A
 
This is the first set of financial statements prepared by Steve Hodgkins Ltd  in accordance with accounting standards issued by the Financial Reporting Council, including FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” Section 1A (Small Entities). The company transitioned from previously extant Irish and UK GAAP to FRS 102 Section 1A as at 1 January 2016.
   
4. Period of financial statements
 
The financial statements are for the 15 month 17 days period from 15 December 2021 (date of incorporation) to 31 March 2023.
   
5. Statement on previous periods
 
The company did not present financial statements for previous periods.
     
6. Employees
 
The average monthly number of employees, including directors, during the financial period was 2, (Dec 21 - 0).
 
  Mar 23
  Number
 
Director 2
  ═════════
         
7. Tangible assets
  Plant and Motor Total
  machinery vehicles  
       
  £ £ £
Cost
At 15 December 2021 - - -
Additions 20,740 5,000 25,740
  ───────── ───────── ─────────
At 31 March 2023 20,740 5,000 25,740
  ───────── ───────── ─────────
Depreciation
At 15 December 2021 - - -
Charge for the financial period 3,111 1,250 4,361
  ───────── ───────── ─────────
At 31 March 2023 3,111 1,250 4,361
  ───────── ───────── ─────────
Net book value
At 31 March 2023 17,629 3,750 21,379
  ═════════ ═════════ ═════════
     
8. Capital commitments
 
The company had no material capital commitments at the financial period-ended 31 March 2023.
   
9. Post-Balance Sheet Events
 
There have been no significant events affecting the company since the financial period-end.