Hardbattle Baker Consulting Limited - Period Ending 2020-12-31

Hardbattle Baker Consulting Limited

Contents

 

Balance Sheet	1 to 2
Notes to the Unaudited Financial Statements	3 to 6

Hardbattle Baker Consulting Limited

Registration number: 12359852

Balance Sheet as at 31 December 2020

	Note	2020 £
Fixed assets
Tangible assets	4	457
Current assets
Debtors	5	5,022
Cash at bank and in hand		77,900
		82,922
Creditors: Amounts falling due within one year	6	(35,754)
Net current assets		47,168
Total assets less current liabilities		47,625
Provisions for liabilities		(87)
Net assets		47,538
Capital and reserves
Called up share capital		300
Profit and loss account		47,238
Total equity		47,538

The director's statements required by sections 475 (2) and (3) are shown on the following page which forms part of this Balance Sheet.

Hardbattle Baker Consulting Limited

Registration number: 12359852

Balance Sheet as at 31 December 2020 (continued)

For the financial period ending 31 December 2020 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.

Approved and authorised by the Board on 2 September 2021 and signed on its behalf by:
 

C P Baker
Director

A Baker
Director

Hardbattle Baker Consulting Limited

Notes to the Unaudited Financial Statements for the Period from 11 December 2019 to 31 December 2020

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Wymondham Business Centre
1 Town Green
Wymondham
Norfolk
NR18 0PN
England

These financial statements were authorised for issue by the Board on 2 September 2021.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Hardbattle Baker Consulting Limited

Notes to the Unaudited Financial Statements for the Period from 11 December 2019 to 31 December 2020 (continued)

2	Accounting policies (continued)

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Office Equipment	25% Straight Line

3	Staff numbers

The average number of persons employed by the company (including directors) during the period, was 2.

Hardbattle Baker Consulting Limited

Notes to the Unaudited Financial Statements for the Period from 11 December 2019 to 31 December 2020 (continued)

4	Tangible assets

	Furniture, fittings and equipment  £	Total £
Cost or valuation
Additions	609	609
At 31 December 2020	609	609
Depreciation
Charge for the	152	152
At 31 December 2020	152	152
Carrying amount
At 31 December 2020	457	457

5

Debtors

	2020 £
Other debtors	5,022
Total current trade and other debtors	5,022

Hardbattle Baker Consulting Limited

Notes to the Unaudited Financial Statements for the Period from 11 December 2019 to 31 December 2020 (continued)

6

Creditors

Creditors: amounts falling due within one year

	Note	2020 £
Due within one year
Directors loan account		18,815
Taxation and social security		15,319
Other creditors		1,620
		35,754

7	Share capital

Allotted, called up and fully paid shares

	2020
	No.	£
Ordinary of £1 each	300	300