REGISTERED NUMBER: |
Hamza Shakoor Ltd |
Unaudited Financial Statements |
for the Period 1 December 2021 to 29 November 2022 |
REGISTERED NUMBER: |
Hamza Shakoor Ltd |
Unaudited Financial Statements |
for the Period 1 December 2021 to 29 November 2022 |
Hamza Shakoor Ltd (Registered number: 11668980) |
Contents of the Financial Statements |
for the Period 1 December 2021 to 29 November 2022 |
Page |
Company Information | 1 |
Abridged Balance Sheet | 2 |
Notes to the Financial Statements | 4 |
Hamza Shakoor Ltd |
Company Information |
for the Period 1 December 2021 to 29 November 2022 |
DIRECTOR: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Accountants |
31 Sackville Street |
Manchester |
M1 3LZ |
Hamza Shakoor Ltd (Registered number: 11668980) |
Abridged Balance Sheet |
29 November 2022 |
2022 | 2021 |
Notes | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
CURRENT ASSETS |
Debtors |
Cash at bank and in hand |
CREDITORS |
Amounts falling due within one year | ( |
) | ( |
) |
NET CURRENT LIABILITIES | ( |
) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year | ( |
) | ( |
) |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital | 6 |
Retained earnings |
SHAREHOLDERS' FUNDS |
The director acknowledges his responsibilities for: |
(a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and |
(b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company. |
Hamza Shakoor Ltd (Registered number: 11668980) |
Abridged Balance Sheet - continued |
29 November 2022 |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements were approved by the director and authorised for issue on |
Hamza Shakoor Ltd (Registered number: 11668980) |
Notes to the Financial Statements |
for the Period 1 December 2021 to 29 November 2022 |
1. | GENERAL INFORMATION |
The company is a private company limited by share capital, incorporated in United Kingdom. |
The address of its registered office is: |
Unit 5 Trafalgar Business Park |
Broughton Lane |
Manchester |
M8 9TZ |
These financial statements were authorised for issue by the director on 27 November 2023. |
2. | ACCOUNTING POLICIES |
BASIS OF PREPARING THE FINANCIAL STATEMENTS |
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES AND KEY ACCOUNTING ESTIMATES |
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated. |
Revenue recognition |
Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company's activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts. |
The company recognises revenue when: |
The amount of revenue can be reliably measured; |
it is probable that future economic benefits will flow to the entity; |
and specific criteria have been met for each of the company's activities. |
Tax |
The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income. |
The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income. |
Tangible assets |
Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses. |
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation. |
Hamza Shakoor Ltd (Registered number: 11668980) |
Notes to the Financial Statements - continued |
for the Period 1 December 2021 to 29 November 2022 |
2. | ACCOUNTING POLICIES - continued |
CASH AND CASH EQUIVALENTS |
Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value. |
Trade debtors |
Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business. |
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables. |
Trade creditors |
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities. |
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method. |
Borrowings |
Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing. |
Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges. |
Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date. |
Share capital |
Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the period was |
Hamza Shakoor Ltd (Registered number: 11668980) |
Notes to the Financial Statements - continued |
for the Period 1 December 2021 to 29 November 2022 |
4. | TANGIBLE FIXED ASSETS |
Totals |
£ |
COST |
At 1 December 2021 |
Additions |
At 29 November 2022 |
NET BOOK VALUE |
At 29 November 2022 |
At 30 November 2021 |
Included within the net book value of land and buildings above is £482,361 (2021 - £482,361) in respect of freehold land and buildings. |
5. | LOANS |
An analysis of the maturity of loans is given below: |
2022 | 2021 |
£ | £ |
Amounts falling due within one year or on demand: |
Other loans 1 - under 1 yr |
Other loans 2 - under 1 yr | 182,825 | 182,825 |
Amounts falling due between one and two years: |
Other loan 1 (1-2 yrs) | 64,132 |
Other loan 2 ( 1-2 yrs) | 1,721 | 1,721 |
6. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 2022 | 2021 |
value: | £ | £ |
Ordinary share | 1 | 100 | 100 |
Hamza Shakoor Ltd (Registered number: 11668980) |
Notes to the Financial Statements - continued |
for the Period 1 December 2021 to 29 November 2022 |
7. | DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES |
The following advances and credits to a director subsisted during the period ended 29 November 2022 and the year ended 30 November 2021: |
2022 | 2021 |
£ | £ |
Balance outstanding at start of period | ( |
) | ( |
) |
Amounts advanced |
Amounts repaid |
Amounts written off | - | - |
Amounts waived | - | - |
Balance outstanding at end of period | ( |
) |