Company Registration No. 12150684 (England and Wales)
HNY MOTORS LTD
Unaudited accounts
for the year ended 31 August 2023
HNY MOTORS LTD
Unaudited accounts
Contents
HNY MOTORS LTD
Company Information
for the year ended 31 August 2023
Directors
Nelum Naz
Arslan Shahzad
Company Number
12150684 (England and Wales)
Accountants
AQ Accountants
133 West Hendon Broadway
London
NW9 7DY
HNY MOTORS LTD
Statement of financial position
as at 31 August 2023
Cash at bank and in hand
2,417
3,106
Creditors: amounts falling due within one year
(84,378)
(55,251)
Net current (liabilities)/assets
(12,858)
780
Total assets less current liabilities
(12,746)
917
Creditors: amounts falling due after more than one year
(14,338)
(14,338)
Net liabilities
(27,084)
(13,421)
Called up share capital
100
100
Profit and loss account
(27,184)
(13,521)
Shareholders' funds
(27,084)
(13,421)
For the year ending 31 August 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 25 September 2023 and were signed on its behalf by
Arslan Shahzad
Director
Company Registration No. 12150684
HNY MOTORS LTD
Notes to the Accounts
for the year ended 31 August 2023
HNY MOTORS LTD is a private company, limited by shares, registered in England and Wales, registration number 12150684.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Motor vehicles
Amounts falling due within one year
Other debtors
11,601
11,601
HNY MOTORS LTD
Notes to the Accounts
for the year ended 31 August 2023
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
9,225
4,780
Other creditors
32,105
31,000
Loans from directors
41,014
16,826
7
Creditors: amounts falling due after more than one year
2023
2022
8
Average number of employees
During the year the average number of employees was 0 (2022: 0).