Company Registration No. 08845691 (England and Wales)
H&L CO. LTD
Unaudited accounts
for the year ended 30 April 2023
H&L CO. LTD
Unaudited accounts
Contents
H&L CO. LTD
Company Information
for the year ended 30 April 2023
Directors
Hong Hong Zhang
Kok Ho Tan
Company Number
08845691 (England and Wales)
Registered Office
UNIT 4 HAYMARKET METRO STATION
NEWCASTLE UPON TYNE
TYNE AND WEAR
NE1 7PF
ENGLAND
H&L CO. LTD
Statement of financial position
as at 30 April 2023
Tangible assets
437,659
454,701
Cash at bank and in hand
13,004
152,536
Creditors: amounts falling due within one year
(376,199)
(435,169)
Net current liabilities
(338,134)
(247,089)
Total assets less current liabilities
99,525
207,612
Creditors: amounts falling due after more than one year
(74,784)
(153,238)
Called up share capital
80
80
Profit and loss account
24,661
54,294
Shareholders' funds
24,741
54,374
For the year ending 30 April 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 8 December 2023 and were signed on its behalf by
Hong Hong Zhang
Director
Company Registration No. 08845691
H&L CO. LTD
Notes to the Accounts
for the year ended 30 April 2023
H&L CO. LTD is a private company, limited by shares, registered in England and Wales, registration number 08845691. The registered office is UNIT 4 HAYMARKET METRO STATION, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE1 7PF, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 May 2022
383,704
119,954
15,515
829
520,002
At 30 April 2023
383,704
120,746
15,515
829
520,794
At 1 May 2022
-
58,102
7,075
124
65,301
Charge for the year
-
9,288
2,110
106
11,504
On disposals
-
-
6,330
-
6,330
At 30 April 2023
-
67,390
15,515
230
83,135
At 30 April 2023
383,704
53,356
-
599
437,659
At 30 April 2022
383,704
61,852
8,440
705
454,701
Amounts falling due within one year
Trade debtors
13,313
21,784
H&L CO. LTD
Notes to the Accounts
for the year ended 30 April 2023
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
93,838
87,156
Taxes and social security
1,180
9,491
Proposed dividends
-
70,000
Loans from directors
268,502
241,361
7
Creditors: amounts falling due after more than one year
2023
2022
8
Average number of employees
During the year the average number of employees was 14 (2022: 12).
