00HH Limited - Accounts to registrar (filleted) - small 17.3

REGISTERED NUMBER: 10193048 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 22 MAY 2016 TO 31 MAY 2017

FOR

00HH LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mr R V Townsend

Mr B M Braithwaite

REGISTERED OFFICE:

Kingsnorth House

Blenheim Way

Birmingham

West Midlands

B44 8LS

REGISTERED NUMBER:

10193048 (England and Wales)

ACCOUNTANTS:

Malcolm Piper & Co Limited

Chartered Accountants

Kingsnorth House

Blenheim Way

Birmingham

West Midlands

B44 8LS

CURRENT ASSETS

Stock

647,337

Debtors

4

65,653

Cash at bank

24,812

737,802

CREDITORS

Amounts falling due within one year

5

416,976

NET CURRENT ASSETS

320,826

TOTAL ASSETS LESS CURRENT LIABILITIES

320,826

CREDITORS

Amounts falling due after more than one year

6

321,896

NET LIABILITIES

(1,070

)

CAPITAL AND RESERVES

Called up share capital

8

100

Retained earnings

9

(1,170

)

SHAREHOLDERS' FUNDS

(1,070

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 May 2017.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 May 2017 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 of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors on 20 February 2018 and were signed on its behalf by:

Mr R V Townsend - Director

Mr B M Braithwaite - Director

1.	STATUTORY INFORMATION

00HH Limited 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.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Stock

Stock is valued at the lower of cost and net realisable value, after making due allowance for obsolete and

slow-moving items.

Taxation

Taxation for the period comprises current and deferred tax. Tax is recognised in the Profit and Loss Account,

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.

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Other debtors

65,653

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Trade creditors

337,484

Amounts owed to group undertakings

15,957

Other creditors

63,535

416,976

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

£

Other creditors

321,896

7.	SECURED DEBTS

The following secured debts are included within creditors:

£

Other loans

321,896

Other loans are secured upon the property under development, and by the unlimited personal guarantees of

both directors.

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

100

Ordinary

£1

100

9.

RESERVES

Retained

earnings

£

Deficit for the period

(1,170

)

At 31 May 2017

(1,170

)

10.	PARENT COMPANY

The company is a wholly-owned subsidiary of 10M Group Limited, a company incorporated in England and

Wales.