Caseware UK (AP4) 2022.0.179 2022.0.179 2022-09-302022-09-30Habondia Limited ("the Company") is a private company, registered and incorporated in England and Wales. Company registration 13625863. The registered office is 30 Old Bailey, London, United Kingdom, EC4M 7AU. The Company was incorporated on 16 September 2021 so the current period covered is 13 months. As it is the first trading period there are no comparative figures. During the period the company was non-trading. The functional currency of the Company is Pounds Sterling as this is the currency of the primary economic environment in which the Company operates. Monetary amounts in these financial statements are rounded to the nearest £. Other information technology service activitiesThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2021-09-16false30falsetrue 13625863 2021-09-15 13625863 2021-09-16 2022-09-30 13625863 2020-10-01 2021-09-15 13625863 2022-09-30 13625863 c:Director2 2021-09-16 2022-09-30 13625863 d:PlantMachinery 2021-09-16 2022-09-30 13625863 d:OfficeEquipment 2021-09-16 2022-09-30 13625863 d:OfficeEquipment 2022-09-30 13625863 d:OfficeEquipment d:OwnedOrFreeholdAssets 2021-09-16 2022-09-30 13625863 d:CurrentFinancialInstruments 2022-09-30 13625863 d:CurrentFinancialInstruments d:WithinOneYear 2022-09-30 13625863 d:ShareCapital 2021-09-16 2022-09-30 13625863 d:ShareCapital 2022-09-30 13625863 d:SharePremium 2021-09-16 2022-09-30 13625863 d:SharePremium 2022-09-30 13625863 d:RetainedEarningsAccumulatedLosses 2021-09-16 2022-09-30 13625863 d:RetainedEarningsAccumulatedLosses 2022-09-30 13625863 c:OrdinaryShareClass1 2021-09-16 2022-09-30 13625863 c:OrdinaryShareClass1 2022-09-30 13625863 c:OrdinaryShareClass2 2021-09-16 2022-09-30 13625863 c:OrdinaryShareClass2 2022-09-30 13625863 c:OrdinaryShareClass3 2021-09-16 2022-09-30 13625863 c:OrdinaryShareClass3 2022-09-30 13625863 c:OrdinaryShareClass4 2021-09-16 2022-09-30 13625863 c:OrdinaryShareClass4 2022-09-30 13625863 c:EntityNoLongerTradingButTradedInPast 2021-09-16 2022-09-30 13625863 c:FRS102 2021-09-16 2022-09-30 13625863 c:AuditExempt-NoAccountantsReport 2021-09-16 2022-09-30 13625863 c:FullAccounts 2021-09-16 2022-09-30 13625863 c:PrivateLimitedCompanyLtd 2021-09-16 2022-09-30 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 13625863









HABONDIA LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 30 SEPTEMBER 2022

 
HABONDIA LIMITED
REGISTERED NUMBER: 13625863

BALANCE SHEET
AS AT 30 SEPTEMBER 2022

2022
Note
£

Fixed assets
  

Tangible assets
 4 
8,296

  
8,296

Current assets
  

Debtors: amounts falling due within one year
 5 
3,203

Cash at bank and in hand
 6 
232,188

  
235,391

Creditors: amounts falling due within one year
 7 
(6,275)

Net current assets
  
 
 
229,116

Total assets less current liabilities
  
237,412

  

Net assets
  
237,412


Capital and reserves
  

Called up share capital 
 8 
1,000

Share premium account
 8 
249,700

Profit and loss account
 9 
(13,288)

  
237,412


Page 1

 
HABONDIA LIMITED
REGISTERED NUMBER: 13625863
    
BALANCE SHEET (CONTINUED)
AS AT 30 SEPTEMBER 2022

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the period in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The Company's financial statements have been prepared under FRS 102 1A and in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




Phillip Charles Hughan
Director

Date: 3 November 2023

The notes on pages 4 to 8 form part of these financial statements.

Page 2

 
HABONDIA LIMITED
 

STATEMENT OF CHANGES IN EQUITY
FOR THE PERIOD ENDED 30 SEPTEMBER 2022


Called up share capital
Share premium account
Profit and loss account
Total equity

£
£
£
£


Comprehensive income for the period

Loss for the period

-
-
(13,288)
(13,288)


Contributions by and distributions to owners

Shares issued during the period
1,000
249,700
-
250,700


Total transactions with owners
1,000
249,700
-
250,700


At 30 September 2022
1,000
249,700
(13,288)
237,412

The notes on pages 4 to 8 form part of these financial statements.

Page 3

 
HABONDIA LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 SEPTEMBER 2022

1.


General information

Habondia Limited ("the Company") is a private company, registered and incorporated in England and Wales. Company registration 13625863. The registered office is 30 Old Bailey, London, United Kingdom, EC4M 7AU.
The Company was incorporated on 16 September 2021 so the current period covered is 13 months. As it is the first trading period there are no comparative figures. 
During the period the company was non-trading.
The functional currency of the Company is Pounds Sterling as this is the currency of the primary economic
environment in which the Company operates. Monetary amounts in these financial statements are
rounded to the nearest £.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The preparation of financial statements in compliance with FRS 102 1A requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies.

The following principal accounting policies have been applied:

 
2.2

Going concern

The Directors consider that the Company has adequate resources to continue in operational existence for the foreseeable future. Accordingly the Directors have prepared the financial statements on the going concern basis.

 
2.3

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Page 4

 
HABONDIA LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 SEPTEMBER 2022

2.Accounting policies (continued)


2.3
Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Plant and machinery
-
20%
Other Plant & Equipment
Office equipment
-
33%
IT Equipment

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.4

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.5

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.6

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.7

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

Debt instruments (other than those wholly repayable or receivable within one year), including loans and other accounts receivable and payable, are initially measured at present value of the future cash flows and subsequently at amortised cost using the effective interest method. Debt instruments that are payable or receivable within one year, typically trade debtors and creditors, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received. However, if the arrangements of a short-term instrument constitute a financing transaction, like the payment of a trade debt deferred beyond normal business terms or in case of an out-right short-term loan that is not at market rate, the financial asset or liability is measured, initially at the present value of future cash flows discounted at a market rate of interest for a similar debt instrument and subsequently at amortised cost, unless it qualifies as a loan from a director in the
Page 5

 
HABONDIA LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 SEPTEMBER 2022

2.Accounting policies (continued)


2.7
Financial instruments (continued)

case of a small company, or a public benefit entity concessionary loan.


3.


Employees

The average monthly number of employees, including the directors, during the period was as follows:


        2022
            No.






Directors
3

During the period, no remuneration was paid to the directors.


4.


Tangible fixed assets





Office equipment

£



Cost or valuation


Additions
9,075



At 30 September 2022

9,075



Depreciation


Charge for the period on owned assets
779



At 30 September 2022

779



Net book value



At 30 September 2022
8,296

Page 6

 
HABONDIA LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 SEPTEMBER 2022

5.


Debtors

2022
£


Other debtors
1,564

Called up share capital not paid
700

Prepayments and accrued income
939

3,203



6.


Cash and cash equivalents

2022
£

Cash at bank and in hand
232,188

232,188



7.


Creditors: Amounts falling due within one year

2022
£

Accruals and deferred income
6,275

6,275



8.


Share capital

2022
£
Allotted, called up and fully paid


30,000 Ordinary A shares of £0.01 each
300
30,000 Ordinary B shares of £0.01 each
300
10,000 Ordinary C shares of £0.01 each
100
30,000 Ordinary D shares of £0.01 each
300

1,000


Page 7

 
HABONDIA LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 SEPTEMBER 2022

8.Share capital (continued)

At incorportation, there were 70,000 ordinary shares issued with a nominal value of £0.01 each. The consideration for this issue was in line with the nominal value.
During the period, there was a further share issue of 30,000 ordinary shares with a nomial value of £0.01 each. The consideration for this issue was £250,000. This resulted in £249,700 being classified as Share Premium.
All of these shareholders have full rights in the company with regards to voting, dividend and capital distribution.


9.


Reserves

Share premium account

This reserve represents the amount above the nominal value received for issued share capital, less transaction costs.

Profit and loss account

This reserve represents cumulative profits and losses less dividends paid.

 
Page 8