Company registration number 11913009 (England and Wales)
PROJECT HANA LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
PROJECT HANA LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 3
PROJECT HANA LIMITED
BALANCE SHEET
AS AT
31 MARCH 2023
31 March 2023
- 1 -
2023
2022
Notes
£
£
£
£
Fixed assets
Tangible assets
3
406
507
Current assets
Debtors
4
16
-
0
Cash at bank and in hand
71,133
94,694
71,149
94,694
Creditors: amounts falling due within one year
5
(25,045)
(51,162)
Net current assets
46,104
43,532
Net assets
46,510
44,039
Capital and reserves
Called up share capital
100
100
Profit and loss reserves
46,410
43,939
Total equity
46,510
44,039

The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true

For the financial year ended 31 March 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

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

The financial statements were approved and signed by the director and authorised for issue on 13 September 2023
Dilwar Hussain
Director
Company Registration No. 11913009
PROJECT HANA LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
- 2 -
1
Accounting policies
Company information

Project Hana Limited is a private company limited by shares incorporated in England and Wales. The registered office is 91 Beaufort Avenue, Birmingham, UK, B34 6AD.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Going concern

The company ceased trading on 31 March 2023 and the financial statements have been prepared on a basis other than that of the going concern basis. This basis includes, where applicable, writing the company’s assets down to net realisable value. No provision has been made for the future costs of terminating the business unless such costs were committed at the reporting date.

1.3
Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

1.4
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Plant and equipment
20% reducing balance

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.5
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

1.6
Government grants

Coronavirus Job Retention Scheme grant was received in previous year and recognised in other operating income.

PROJECT HANA LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2023
- 3 -
2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2023
2022
Number
Number
Total
2
2
3
Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 April 2022 and 31 March 2023
990
Depreciation and impairment
At 1 April 2022
483
Depreciation charged in the year
101
At 31 March 2023
584
Carrying amount
At 31 March 2023
406
At 31 March 2022
507
4
Debtors
2023
2022
Amounts falling due within one year:
£
£
Other debtors
16
-
0
5
Creditors: amounts falling due within one year
2023
2022
£
£
Corporation tax
7,640
12,714
Other taxation and social security
-
0
4,949
Other creditors
17,405
33,499
25,045
51,162
6
Ultimate Controlling Party

The ultimate controlling party is Dilwar Hussain.

2023-03-312022-04-01false13 September 2023CCH SoftwareCCH Accounts Production 2023.100No description of principal activityDilwar Hussain119130092022-04-012023-03-31119130092023-03-31119130092022-03-3111913009core:OtherPropertyPlantEquipment2023-03-3111913009core:OtherPropertyPlantEquipment2022-03-3111913009core:CurrentFinancialInstrumentscore:WithinOneYear2023-03-3111913009core:CurrentFinancialInstrumentscore:WithinOneYear2022-03-3111913009core:CurrentFinancialInstruments2023-03-3111913009core:CurrentFinancialInstruments2022-03-3111913009core:ShareCapital2023-03-3111913009core:ShareCapital2022-03-3111913009core:RetainedEarningsAccumulatedLosses2023-03-3111913009core:RetainedEarningsAccumulatedLosses2022-03-3111913009bus:Director12022-04-012023-03-3111913009core:PlantMachinery2022-04-012023-03-31119130092021-04-012022-03-3111913009core:OtherPropertyPlantEquipment2022-03-3111913009core:OtherPropertyPlantEquipment2022-04-012023-03-3111913009core:WithinOneYear2023-03-3111913009core:WithinOneYear2022-03-3111913009bus:PrivateLimitedCompanyLtd2022-04-012023-03-3111913009bus:SmallCompaniesRegimeForAccounts2022-04-012023-03-3111913009bus:FRS1022022-04-012023-03-3111913009bus:AuditExemptWithAccountantsReport2022-04-012023-03-3111913009bus:FullAccounts2022-04-012023-03-31xbrli:purexbrli:sharesiso4217:GBP