Hannick Holdings Limited - Accounts to registrar (filleted) - small 23.2.5

REGISTERED NUMBER: 02803294 (England and Wales)

HANNICK HOLDINGS LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30TH APRIL 2023

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

to

4

DIRECTORS:

Mr N F Cleverley

Miss H M Cleverley

SECRETARY:

Miss H M Cleverley

REGISTERED OFFICE:

Dammas House

Dammas Lane

Old Town

SWINDON

Wiltshire

SN1 3EF

REGISTERED NUMBER:

02803294 (England and Wales)

ACCOUNTANTS:

Morris Owen

Chartered Accountants

43-45 Devizes Road

SWINDON

Wiltshire

SN1 4BG

FIXED ASSETS

Investments

4

134,746

30,000

CURRENT ASSETS

Debtors

5

666,364

1,091,110

NET CURRENT ASSETS

666,364

1,091,110

TOTAL ASSETS LESS CURRENT LIABILITIES

801,110

1,121,110

CAPITAL AND RESERVES

Called up share capital

6

16,710

16,710

Capital redemption reserve

13,290

13,290

Retained earnings

771,110

1,091,110

SHAREHOLDERS' FUNDS

801,110

1,121,110

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th April 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th April 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 20th December 2023 and were signed on its behalf by:

Mr N F Cleverley - Director

1.	STATUTORY INFORMATION

Hannick Holdings Limited is a private company, limited by shares, registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 02803294

Registered office: Dammas House, Dammas Lane, Old Town, Swindon, Wiltshire, SN1 3EF

The presentation currency of the financial statements is the Pound Sterling (£) rounded to the nearest pound.

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.

The company was non-trading throughout the year ended 30 April 2023 and the year ended 30 April 2022.

Preparation of consolidated financial statements

The financial statements contain information about Hannick Holdings Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Significant judgements and estimates

In preparing these financial statements, the directors have made the following judgements:

- Determine an appropriate provision for recoverability of debtors by assessing the recoverability of all balances on a balance by balance basis.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Financial instruments

Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Short term creditors are measured at transaction price, less any impairment. Other financial liabilities, including loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

4.	FIXED ASSET INVESTMENTS

Shares in

group

Other

undertakings

investments

Totals

£

£

£

COST

At 1st May 2022

30,000

-

30,000

Additions

-

104,746

104,746

At 30th April 2023

30,000

104,746

134,746

NET BOOK VALUE

At 30th April 2023

30,000

104,746

134,746

At 30th April 2022

30,000

-

30,000

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2023

2022

£

£

Amounts owed by group undertakings

666,364

1,091,110

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2023

2022

value:

£

£

16,710

Ordinary

£1

16,710

16,710