HCM Capital Ltd - Accounts to registrar (filleted) - small 23.2.5
HCM Capital Ltd - Accounts to registrar (filleted) - small 23.2.5
REGISTERED NUMBER: |
HCM CAPITAL LTD |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE PERIOD |
2 FEBRUARY 2022 TO 31 MARCH 2023 |
HCM CAPITAL LTD (REGISTERED NUMBER: 13888661) |
CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE PERIOD 2 FEBRUARY 2022 TO 31 MARCH 2023 |
Page |
Company Information | 1 |
Statement of Financial Position | 2 |
Notes to the Financial Statements | 3 | to | 4 |
HCM CAPITAL LTD |
COMPANY INFORMATION |
FOR THE PERIOD 2 FEBRUARY 2022 TO 31 MARCH 2023 |
DIRECTORS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
3 Castlegate |
Grantham |
Lincolnshire |
NG31 6SF |
HCM CAPITAL LTD (REGISTERED NUMBER: 13888661) |
STATEMENT OF FINANCIAL POSITION |
31 MARCH 2023 |
Notes | £ |
CURRENT ASSETS |
Investments | 4 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 5 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year | 6 |
NET LIABILITIES | ( |
) |
CAPITAL AND RESERVES |
Called up share capital | 7 |
Retained earnings | ( |
) |
SHAREHOLDERS' FUNDS | ( |
) |
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. |
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 |
HCM CAPITAL LTD (REGISTERED NUMBER: 13888661) |
NOTES TO THE FINANCIAL STATEMENTS |
FOR THE PERIOD 2 FEBRUARY 2022 TO 31 MARCH 2023 |
1. | STATUTORY INFORMATION |
HCM Capital Ltd is a |
The presentation currency of the financial statements is the Pound Sterling (£). |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Turnover |
Turnover comprises the fair value consideration of income derived from the company's investments. |
Income is recognised on the date the company becomes entitled to it. |
Taxation |
Taxation for the period 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. |
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 period 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. |
Investments |
Investments are shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in the income statement |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the period was |
4. | CURRENT ASSET INVESTMENTS |
£ |
Listed investments | 1,635,950 |
5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
£ |
Other creditors |
6. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
£ |
Other creditors |
HCM CAPITAL LTD (REGISTERED NUMBER: 13888661) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE PERIOD 2 FEBRUARY 2022 TO 31 MARCH 2023 |
7. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal |
value: | £ |
Ordinary | 1 | 100 |
100 Ordinary shares of 1 each were allotted and fully paid for |
8. | GOING CONCERN |
The company incurred a net loss after taxation of £164,002 during the period. |
At the statement of financial position date the company had net liabilities of £163,902. |
The financial statements have been prepared on a going concern basis, the validity of which, depends on the continued support of the creditors and related parties, which the directors expect to continue for the foreseeable future. |