Craig Hassall Ltd - Accounts to registrar (filleted) - small 23.2.5

REGISTERED NUMBER: 11937209 (England and Wales)

CRAIG HASSALL LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 MAY 2022 TO 31 JULY 2023

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

C J Hassall

REGISTERED OFFICE:

6 Park Square East

Leeds

West Yorkshire

LS1 2LW

REGISTERED NUMBER:

11937209 (England and Wales)

ACCOUNTANTS:

UHY BPR Heaton

Chartered Accountants

Glenewes House

Gate Way Drive

Leeds

West Yorkshire

LS19 7XY

FIXED ASSETS

Tangible assets

4

3,904

1

CURRENT ASSETS

Debtors

5

61,124

38,986

Cash at bank

86,378

87,275

147,502

126,261

CREDITORS

Amounts falling due within one year

6

59,966

106,834

NET CURRENT ASSETS

87,536

19,427

TOTAL ASSETS LESS CURRENT LIABILITIES

91,440

19,428

PROVISIONS FOR LIABILITIES

976

-

NET ASSETS

90,464

19,428

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

90,364

19,328

SHAREHOLDERS' FUNDS

90,464

19,428

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

The members have not required the company to obtain an audit of its financial statements for the period ended 31 July 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 4 April 2024 and were signed by:

C J Hassall - Director

1.	STATUTORY INFORMATION

Craig Hassall Ltd 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 the cost less estimated residual value of each asset over its estimated useful life.

Plant and machinery

-

15% on reducing balance

Computer equipment

-

33% on cost

Financial instruments

Financial assets and financial liabilities are recognised when the company becomes a party to the contractual provisions of the instrument.

Financial assets and liabilities are initially measured at transaction price, except those financial assets classified at fair value through profit or loss.

Basic financial instruments

Basic financial instruments are those with relatively straight forward terms and would normally include cash, bank balances, trade debtors, trade creditors and uncomplicated bank loans.

Where the arrangement does not constitute a financing transaction, e.g. trade debtors on normal commercial terms, the debtor will be valued initially at transaction price (i.e. cost) and subsequently at transaction price less impairment (if any) due to concerns over recoverability.

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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 May 2022

1

Additions

4,717

At 31 July 2023

4,718

DEPRECIATION

Charge for period

814

At 31 July 2023

814

NET BOOK VALUE

At 31 July 2023

3,904

At 30 April 2022

1

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2023

2022

as

restated

£

£

Amounts recoverable on contract

10,000

11,000

Other debtors

51,124

27,986

61,124

38,986

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2023

2022

as

restated

£

£

Trade creditors

4,824

4,530

Taxation and social security

46,725

55,530

Other creditors

8,417

46,774

59,966

106,834