General Information
AR Hine Associates Limited is a private company, limited by shares, registered in England and Wales, registration number 06770499, registration address No 1 Arkwright Road, Bicester, OX26 4SU.
The presentation currency is £ sterling.
| 1. |
Accounting policies
Significant accounting policies
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by Section 1A of the standard)
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
| Office Equipemnt |
15% Straight Line
|
| Computer Equipment |
33.3% Straight Line
|
| Improvements to property |
10% Straight Line |
|
| 2. |
Average number of employees
Average number of employees during the year was 1 (2022 : 1).
|
| 3. |
Tangible fixed assets
| Cost or valuation |
Office Equipemnt |
|
Computer Equipment |
|
Improvements to property |
|
Motor Vehicles |
|
Total |
| |
£ |
|
£ |
|
£ |
|
£ |
|
£ |
| At 01 May 2022 |
2,233 |
|
841 |
|
16,166 |
|
11,926 |
|
31,166 |
| Additions |
750 |
|
- |
|
- |
|
- |
|
750 |
| Disposals |
- |
|
- |
|
(16,166) |
|
(11,926) |
|
(28,092) |
| At 30 April 2023 |
2,983 |
|
841 |
|
- |
|
- |
|
3,824 |
| Depreciation |
| At 01 May 2022 |
539 |
|
468 |
|
1,943 |
|
2,485 |
|
5,435 |
| Charge for year |
651 |
|
280 |
|
- |
|
- |
|
931 |
| On disposals |
- |
|
- |
|
(1,943) |
|
(2,485) |
|
(4,428) |
| At 30 April 2023 |
1,190 |
|
748 |
|
- |
|
- |
|
1,938 |
| Net book values |
| Closing balance as at 30 April 2023 |
1,793 |
|
93 |
|
- |
|
- |
|
1,886 |
| Opening balance as at 01 May 2022 |
1,694 |
|
373 |
|
14,224 |
|
- |
|
16,291 |
|
| 4. |
Debtors: amounts falling due within one year
|
2023
£ |
|
2022
£ |
| Trade Debtors |
37,838 |
|
24,480 |
| Prepayments & Accrued Income |
1,588 |
|
1,057 |
| Other Debtors |
6,134 |
|
2,329 |
| Directors' Current Accounts |
18,835 |
|
17,824 |
|
64,395 |
|
45,690 |
|
| 5. |
Creditors: amount falling due within one year
|
2023
£ |
|
2022
£ |
| Trade Creditors |
2,829 |
|
1,469 |
| Bank Loans & Overdrafts |
5,308 |
|
0 |
| Corporation Tax |
20,492 |
|
20,777 |
| PAYE & Social Security |
11 |
|
0 |
| Other Creditors |
227 |
|
896 |
| Wages & Salaries Control Account |
44 |
|
0 |
| VAT |
11,025 |
|
11,631 |
|
39,936 |
|
34,773 |
|
| 6. |
Creditors: amount falling due after more than one year
|
2023
£ |
|
2022
£ |
| Bank Loans & Overdrafts |
36,933 |
|
47,635 |
|
36,933 |
|
47,635 |
|
| 7. |
Amounts owed by the director
At the balance sheet date the amount owed by the director was £18,835 (2022: £17,825).
|
2
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