H B Draughting Limited - Accounts to registrar (filleted) - small 18.2

H B Draughting Limited - Accounts to registrar (filleted) - small 18.2

HB DRAUGHTING LIMITED - Company Information

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IRIS Accounts Production v21.3.0.583 04359814 Board of Directors Board of Directors 1.2.20 31.3.21 31.3.21 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure043598142020-01-31043598142021-03-31043598142020-02-012021-03-31043598142019-01-31043598142019-02-012020-01-31043598142020-01-3104359814ns16:EnglandWales2020-02-012021-03-3104359814ns15:PoundSterling2020-02-012021-03-3104359814ns11:Director12020-02-012021-03-3104359814ns11:Director22020-02-012021-03-3104359814ns11:PrivateLimitedCompanyLtd2020-02-012021-03-3104359814ns11:SmallEntities2020-02-012021-03-3104359814ns11:AuditExempt-NoAccountantsReport2020-02-012021-03-3104359814ns11:SmallCompaniesRegimeForDirectorsReport2020-02-012021-03-3104359814ns11:SmallCompaniesRegimeForAccounts2020-02-012021-03-3104359814ns11:FullAccounts2020-02-012021-03-3104359814ns11:RegisteredOffice2020-02-012021-03-3104359814ns6:CurrentFinancialInstruments2021-03-3104359814ns6:CurrentFinancialInstruments2020-01-3104359814ns6:ShareCapital2021-03-3104359814ns6:ShareCapital2020-01-3104359814ns6:RetainedEarningsAccumulatedLosses2021-03-3104359814ns6:RetainedEarningsAccumulatedLosses2020-01-3104359814ns6:FurnitureFittings2020-02-012021-03-3104359814ns6:ComputerEquipment2020-02-012021-03-3104359814ns6:FurnitureFittings2020-01-3104359814ns6:ComputerEquipment2020-01-3104359814ns6:FurnitureFittings2021-03-3104359814ns6:ComputerEquipment2021-03-3104359814ns6:FurnitureFittings2020-01-3104359814ns6:ComputerEquipment2020-01-3104359814ns6:CurrentFinancialInstrumentsns6:WithinOneYear2021-03-3104359814ns6:CurrentFinancialInstrumentsns6:WithinOneYear2020-01-310435981412020-02-012021-03-31
REGISTERED NUMBER: 04359814 (England and Wales)















Unaudited Financial Statements

for the Period 1 February 2020 to 31 March 2021

for

H B Draughting Limited
H B Draughting Limited (Registered number: 04359814)






Contents of the Financial Statements
for the Period 1 February 2020 to 31 March 2021




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


H B Draughting Limited

Company Information
for the Period 1 February 2020 to 31 March 2021







DIRECTORS: C J Harvatt
A K Burns





REGISTERED OFFICE: 14a Waterside Business Park
Livingstone Road
Hessle
East Yorkshire
HU13 0EG





REGISTERED NUMBER: 04359814 (England and Wales)
Page 1
H B Draughting Limited (Registered number: 04359814)

Balance Sheet
31 March 2021

31.3.21 31.1.20
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 - 656

CURRENT ASSETS
Debtors 5 78,003 45,085
Cash at bank 13,037 1,713
91,040 46,798
CREDITORS
Amounts falling due within one year 6 34,967 34,170
NET CURRENT ASSETS 56,073 12,628
TOTAL ASSETS LESS CURRENT
LIABILITIES
56,073
13,284

PROVISIONS FOR LIABILITIES - 125
NET ASSETS 56,073 13,159

CAPITAL AND RESERVES
Called up share capital 103 103
Retained earnings 55,970 13,056
56,073 13,159

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 March 2021.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 2021 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 notes form part of these financial statements

Page 2 continued...
H B Draughting Limited (Registered number: 04359814)

Balance Sheet - continued
31 March 2021


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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 12 October 2021 and were signed on its behalf by:




C J Harvatt - Director



A K Burns - Director


The notes form part of these financial statements

Page 3
H B Draughting Limited (Registered number: 04359814)

Notes to the Financial Statements
for the Period 1 February 2020 to 31 March 2021

1. STATUTORY INFORMATION

H B Draughting 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.

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 represents net invoiced sales of services, excluding value added tax.

Revenue Recognition
Revenue is recognised under an exchange transaction with a customer when, and to the extent that, the company receives a right to consideration from its performance.

Part completed contracts at the year-end that fulfil the criteria are included in these financial statements based on their fair value of the right to consideration at the balance sheet date.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on cost
Computer equipment - 33% on cost

At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss, if any. Where it is not possible to estimate the recoverable amount of the asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

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.

Page 4 continued...
H B Draughting Limited (Registered number: 04359814)

Notes to the Financial Statements - continued
for the Period 1 February 2020 to 31 March 2021

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 3 (2020 - 3 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 February 2020
and 31 March 2021 455 5,828 6,283
DEPRECIATION
At 1 February 2020 455 5,172 5,627
Charge for period - 656 656
At 31 March 2021 455 5,828 6,283
NET BOOK VALUE
At 31 March 2021 - - -
At 31 January 2020 - 656 656

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.21 31.1.20
£    £   
Trade debtors 26,220 17,689
Other debtors 51,748 27,160
Prepayments 35 236
78,003 45,085

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.21 31.1.20
£    £   
Corporation tax 19,339 4,974
Social security and other taxes 6,533 6,908
Other creditors 6,000 21,000
Directors' current accounts 188 188
Accrued expenses 2,907 1,100
34,967 34,170

Page 5 continued...
H B Draughting Limited (Registered number: 04359814)

Notes to the Financial Statements - continued
for the Period 1 February 2020 to 31 March 2021

7. RELATED PARTY DISCLOSURES

31.3.2131.1.20
£   £   
Sales to related parties9,12046,543
Balance outstanding from related parties53,25927,160

The related parties are all businesses which are under the control of the directors.

8. ULTIMATE CONTROLLING PARTY

There is no ultimate controlling party.

Page 6