HABBAK WATCHES LTD

Company Registration Number:
13121230 (England and Wales)

Unaudited abridged accounts for the year ended 31 January 2023

Period of accounts

Start date: 01 February 2022

End date: 31 January 2023

HABBAK WATCHES LTD

Contents of the Financial Statements

for the Period Ended 31 January 2023

Balance sheet
Notes

HABBAK WATCHES LTD

Balance sheet

As at 31 January 2023


Notes

2023

13 months to 31 January 2022


£

£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 2,542 1,338
Investments:   0 0
Total fixed assets: 2,542 1,338
Current assets
Stocks: 260,992 65,600
Debtors:   0 0
Cash at bank and in hand: 55,191 24,014
Investments:   0 0
Total current assets: 316,183 89,614
Creditors: amounts falling due within one year:   (167,183) (61,830)
Net current assets (liabilities): 149,000 27,784
Total assets less current liabilities: 151,542 29,122
Creditors: amounts falling due after more than one year:   0 0
Provision for liabilities: 0 0
Total net assets (liabilities): 151,542 29,122
Capital and reserves
Called up share capital: 1 1
Share premium account: 0 0
Revaluation reserve: 00
Other reserves: 0 0
Profit and loss account: 151,541 29,121
Shareholders funds: 151,542 29,122

The notes form part of these financial statements

HABBAK WATCHES LTD

Balance sheet statements

For the year ending 31 January 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 31 October 2023
and signed on behalf of the board by:

Name: Talha Shah
Status: Director

The notes form part of these financial statements

HABBAK WATCHES LTD

Notes to the Financial Statements

for the Period Ended 31 January 2023

1. Accounting policies

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

HABBAK WATCHES LTD

Notes to the Financial Statements

for the Period Ended 31 January 2023

2. Employees

2023 13 months to 31 January 2022
Average number of employees during the period 2 2

HABBAK WATCHES LTD

Notes to the Financial Statements

for the Period Ended 31 January 2023

3. Tangible Assets

Total
Cost £
At 01 February 2022 1,784
Additions 2,200
Disposals 0
Revaluations 0
Transfers 0
At 31 January 2023 3,984
Depreciation
At 01 February 2022 446
Charge for year 996
On disposals 0
Other adjustments 0
At 31 January 2023 1,442
Net book value
At 31 January 2023 2,542
At 31 January 2022 1,338