The Original Hut Company Limited - Accounts to registrar (filleted) - small 23.1.5

REGISTERED NUMBER: 07387804 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2023

for

The Original Hut Company Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs A J Eastwood

Mr N Eastwood

REGISTERED OFFICE:

The Hub

Quarry Farm

Bodiam

Robertsbridge

East Sussex

TN32 5RA

REGISTERED NUMBER:

07387804 (England and Wales)

ACCOUNTANTS:

McCabe Ford Williams

Bank Chambers

61 High Street

Cranbrook

Kent

TN17 3EG

FIXED ASSETS

Tangible assets

4

73,812

-

CURRENT ASSETS

Stocks

10,031

-

Debtors

5

1,200

-

Cash at bank and in hand

137,768

2

148,999

2

CREDITORS

Amounts falling due within one year

6

217,333

-

NET CURRENT (LIABILITIES)/ASSETS

(68,334

)

2

TOTAL ASSETS LESS CURRENT LIABILITIES

5,478

2

PROVISIONS FOR LIABILITIES

4,453

-

NET ASSETS

1,025

2

CAPITAL AND RESERVES

Called up share capital

7

2

2

Retained earnings

1,023

-

SHAREHOLDERS' FUNDS

1,025

2

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 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 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 18 August 2023 and were signed on its behalf by:

Mrs A J Eastwood - Director

Mr N Eastwood - Director

1.	STATUTORY INFORMATION

The Original Hut Company 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.

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 cost, 25% on reducing balance, Straight line over 10 years and straight line over 3 years

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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 19 (2022 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

Additions

89,091

At 31 March 2023

89,091

DEPRECIATION

Charge for year

15,279

At 31 March 2023

15,279

NET BOOK VALUE

At 31 March 2023

73,812

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.23

31.3.22

£

£

Trade debtors

1,181

-

Other debtors

19

-

1,200

-

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.23

31.3.22

£

£

Trade creditors

1,712

-

Taxation and social security

16,175

-

Other creditors

199,446

-

217,333

-

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.23

31.3.22

value:

£

£

2

Ordinary

£1

2

2