HBD Operations Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 08401125 (England and Wales)

Unaudited Financial Statements

for the Year Ended 28 February 2022

for

HBD Operations Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

L E Jones

REGISTERED OFFICE:

31 Irnham Road

Sutton Coldfield

West Midlands

B74 2TN

REGISTERED NUMBER:

08401125 (England and Wales)

ACCOUNTANTS:

Locke Williams Associates LLP

Chartered Accountants

c/o Blackthorn House

St Pauls Square

Birmingham

West Midlands

B3 1RL

FIXED ASSETS

Tangible assets

4

2,293

1,236

CURRENT ASSETS

Cash at bank

28,464

24,478

CREDITORS

Amounts falling due within one year

5

14,530

14,258

NET CURRENT ASSETS

13,934

10,220

TOTAL ASSETS LESS CURRENT LIABILITIES

16,227

11,456

CAPITAL AND RESERVES

Called up share capital

6

50

50

Capital redemption reserve

50

50

Retained earnings

16,127

11,356

SHAREHOLDERS' FUNDS

16,227

11,456

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2022 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 9 November 2022 and were signed by:

L E Jones - Director

1.	STATUTORY INFORMATION

HBD Operations 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.

Turnover from subscriptions receivable is recognised in accordance with the period of subscription. The subscription runs for a twelve month period and any subscriptions received in advance are treated as deferred income and recognised as a liability in the balance sheet.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

20% on cost

Taxation

Taxation for the year 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 year 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 year was NIL (2021 - NIL).

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 March 2021

1,686

Additions

1,491

At 28 February 2022

3,177

DEPRECIATION

At 1 March 2021

450

Charge for year

434

At 28 February 2022

884

NET BOOK VALUE

At 28 February 2022

2,293

At 28 February 2021

1,236

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.22

28.2.21

£

£

Taxation and social security

1,235

1,349

Other creditors

13,295

12,909

14,530

14,258

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

28.2.22

28.2.21

value:

£

£

50

A Ordinary

£1

50

50