HLAING REALTY LIMITED

Company Registration Number:
13844859 (England and Wales)

Unaudited statutory accounts for the year ended 30 June 2023

Period of accounts

Start date: 12 January 2022

End date: 30 June 2023

HLAING REALTY LIMITED

Contents of the Financial Statements

for the Period Ended 30 June 2023

Company Information - 3
Balance sheet - 4
Additional notes - 6
Balance sheet notes - 9

HLAING REALTY LIMITED

Company Information

for the Period Ended 30 June 2023




Director: Chaw Su Hlaing
Phyo Aung Kyaw
Registered office: 128
City Road
London
GBR
EC1V 2NX
Company Registration Number: 13844859 (England and Wales)

HLAING REALTY LIMITED

Balance sheet

As at 30 June 2023


Notes
18 months to
30 Jun 2023
£
Fixed assets
Tangible assets: 4 1,317,026
Total fixed assets: 1,317,026
Current assets
Cash at bank and in hand: 5,977
Total current assets: 5,977
Net current assets (liabilities): 5,977
Total assets less current liabilities: 1,323,003
Creditors: amounts falling due after more than one year: 5 ( 1,323,704 )
Total net assets (liabilities): ( 701 )

The notes form part of these financial statements

HLAING REALTY LIMITED

Balance sheet continued

As at 30 June 2023


Notes
18 months to
30 Jun 2023
£
Capital and reserves
Called up share capital: 4
Profit and loss account: ( 705 )
Shareholders funds: ( 701 )

For the year ending 30 June 2023 the company was entitled to exemption 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.

This report was approved by the board of directors on 29 September 2023
And Signed On Behalf Of The Board By:

Name: Chaw Su Hlaing
Status: Director

The notes form part of these financial statements

HLAING REALTY LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Revenue from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

HLAING REALTY LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2023

  • 2. Employees

    18 months to
    30 Jun 2023
    Average number of employees during the period 0

HLAING REALTY LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2023

  • 3. Off balance sheet disclosure

    No

HLAING REALTY LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2023

4. Tangible assets

Land & buildings Total
Cost £ £
Additions 1,317,026 1,317,026
Disposals - -
Revaluations - -
Transfers - -
At 30 June 2023 1,317,026 1,317,026
Depreciation
Charge for year - -
On disposals - -
Other adjustments - -
At 30 June 2023 - -
Net book value
At 30 June 2023 1,317,026 1,317,026

The directors are of the opinion that the initial cost remains the fair value of the property based on market conditions at the balance sheet date.

HLAING REALTY LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2023

5.Creditors: amounts falling due after more than one year

18 months to
30 Jun 2023
£
Other creditors 1,323,704
Total 1,323,704