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Company Registration No. 09383801 (England and Wales)
Hasan Sweets and baker limited Unaudited accounts for the year ended 31 January 2023
Hasan Sweets and baker limited Unaudited accounts Contents
Page
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Hasan Sweets and baker limited Company Information for the year ended 31 January 2023
Directors
Mr N Ahmed Mr M Imtiaz
Company Number
09383801 (England and Wales)
Registered Office
52 ABEL STREET BURNLEY LANCASHIRE BB10 1QU
Accountants
Arif Khan Accountants Limited 25 Whetley Lane Bradford W Yorkshire BD8 9EH
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Hasan Sweets and baker limited Statement of financial position as at 31 January 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
112,292 
17,349 
Current assets
Inventories
6,026 
899 
Debtors
72,451 
33,140 
Cash at bank and in hand
79,718 
197,937 
158,195 
231,976 
Creditors: amounts falling due within one year
(166,787)
(113,851)
Net current (liabilities)/assets
(8,592)
118,125 
Total assets less current liabilities
103,700 
135,474 
Provisions for liabilities
Deferred tax
- 
(1,993)
Net assets
103,700 
133,481 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
103,600 
133,381 
Shareholders' funds
103,700 
133,481 
For the year ending 31 January 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 October 2023 and were signed on its behalf by
Mr M Imtiaz Director Company Registration No. 09383801
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Hasan Sweets and baker limited Notes to the Accounts for the year ended 31 January 2023
1
Statutory information
Hasan Sweets and baker limited is a private company, limited by shares, registered in England and Wales, registration number 09383801. The registered office is 52 ABEL STREET, BURNLEY, LANCASHIRE, BB10 1QU.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover 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.
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:
Plant & machinery
20% Reducing balance basis.
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
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Hasan Sweets and baker limited Notes to the Accounts for the year ended 31 January 2023
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 February 2022
- 
49,709 
2,000 
51,709 
Additions
50,286 
72,729 
- 
123,015 
At 31 January 2023
50,286 
122,438 
2,000 
174,724 
Depreciation
At 1 February 2022
- 
32,360 
2,000 
34,360 
Charge for the year
10,057 
18,015 
- 
28,072 
At 31 January 2023
10,057 
50,375 
2,000 
62,432 
Net book value
At 31 January 2023
40,229 
72,063 
- 
112,292 
At 31 January 2022
- 
17,349 
- 
17,349 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
VAT
3,631 
4,252 
Other debtors
68,820 
26,928 
72,451 
31,180 
Amounts falling due after more than one year
Other debtors
- 
1,960 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Trade creditors
166,242 
91,804 
Taxes and social security
545 
11,663 
Other creditors
- 
10,384 
166,787 
113,851 
7
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Mr N Ahmed
LOAN
(10,383)
- 
(72,500)
62,117 
(10,383)
- 
(72,500)
62,117 
8
Average number of employees
During the year the average number of employees was 8 (2022: 4).
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