Company Registration No. SC148482 (Scotland)
H.B.G. INTERNATIONAL LIMITED
Unaudited accounts
for the year ended 31 January 2023
H.B.G. INTERNATIONAL LIMITED
Unaudited accounts
Contents
H.B.G. INTERNATIONAL LIMITED
Company Information
for the year ended 31 January 2023
Company Number
SC148482 (Scotland)
Registered Office
1 Park Road
Bonnyrigg
Midlothian
EH19 2AW
Scotland
H.B.G. INTERNATIONAL LIMITED
Statement of financial position
as at 31 January 2023
Tangible assets
9,835
9,835
Creditors: amounts falling due within one year
(13,143)
(13,043)
Net current liabilities
(13,143)
(13,043)
Net liabilities
(3,308)
(3,208)
Called up share capital
100
100
Profit and loss account
(3,408)
(3,308)
Shareholders' funds
(3,308)
(3,208)
For the year ending 31 January 2023 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 and authorised for issue on 16 October 2023 and were signed on its behalf by
J McGarry
Director
Company Registration No. SC148482
H.B.G. INTERNATIONAL LIMITED
Notes to the Accounts
for the year ended 31 January 2023
H.B.G. INTERNATIONAL LIMITED is a private company, limited by shares, registered in Scotland, registration number SC148482. The registered office is 1 Park Road, Bonnyrigg, Midlothian, EH19 2AW, Scotland.
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.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 February 2022
39,904
18,257
58,161
At 31 January 2023
39,904
18,257
58,161
At 1 February 2022
33,235
15,091
48,326
At 31 January 2023
33,235
15,091
48,326
At 31 January 2023
6,669
3,166
9,835
At 31 January 2022
6,669
3,166
9,835
H.B.G. INTERNATIONAL LIMITED
Notes to the Accounts
for the year ended 31 January 2023
5
Creditors: amounts falling due within one year
2023
2022
Loans from directors
13,043
12,943
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
The ultimate controlling party is J McGarry by virtue of his holding of 70% of the issued shares of the company.
8
Average number of employees
During the year the average number of employees was 1 (2022: 1).