6 August 2022 v2024.4.1 limited_company_frs_102_section_1a_v1_1_1 companies_houseSoftwarefalsetruetruetrueNo description of principal activity0falsetruexbrli:purexbrli:sharesiso4217:GBP142804712022-08-062023-08-31142804712023-08-3114280471core:WithinOneYear2023-08-3114280471core:ShareCapital2023-08-3114280471core:RetainedEarningsAccumulatedLosses2023-08-3114280471bus:Director12022-08-062023-08-3114280471bus:RegisteredOffice2022-08-062023-08-311428047112022-08-062023-08-3114280471countries:EnglandWales2022-08-062023-08-3114280471bus:AuditExempt-NoAccountantsReport2022-08-062023-08-3114280471bus:PrivateLimitedCompanyLtd2022-08-062023-08-3114280471bus:SmallEntities2022-08-062023-08-3114280471bus:FullAccounts2022-08-062023-08-31
Company registration number:
14280471
HSK Enterprise Trading Ltd
Unaudited Filleted Financial Statements for the period ended
31 August 2023
HSK Enterprise Trading Ltd
Statement of Financial Position
31 August 2023
31 Aug 2023
Note£
Current assets  
Stocks
2,693
 
Cash at bank and in hand
2,187
 
4,880
 
Creditors: amounts falling due within one year 4
(18,269
)
Net current liabilities
(13,389
)
Total assets less current liabilities (13,389 )
Capital and reserves  
Called up share capital
100
 
Profit and loss account
(13,489
)
Shareholders deficit
(13,389
)
For the period ending
31 August 2023
, the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
  • The members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476;
  • The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These
financial statements
have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies’ regime.
In accordance with Section 444 of the Companies Act 2006, the income statement has not been delivered.
These
financial statements
were approved by the board of directors and authorised for issue on
30 November 2023
, and are signed on behalf of the board by:
K Javaid
Director
Company registration number:
14280471
HSK Enterprise Trading Ltd
Notes to the Financial Statements
Period ended
31 August 2023

1 General information

The company is a private company limited by shares and is registered in England and Wales. The company was incorporated on 6 August 2022. The address of the registered office is
47 Whitebrook Road
,
Manchester
,
M14 6EF
, United Kingdom.

2 Accounting policies

Basis of preparation

The financial statements have been prepared under the historical cost convention and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.
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 pound.
The financial statements have been prepared on the historic cost convention. The following principal accounting policies have been applied:

Going concern

At the period end, the Company had net liabilities of £13,389. The Company is in the early stages of trading and has incurred various upfront costs. The Company will be supported by its shareholder and as such the financial statements have been prepared on a going concern basis.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods supplied, net of discounts and Value Added Tax.

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stocks to their present location and condition.

Financial instruments

Basic financial instruments are measured at cost.

3 Average number of employees

The average number of persons employed by the company during the period was Nil.

4 Creditors: amounts falling due within one year

31 Aug 2023
£
Trade creditors
17,774
 
Other creditors
495
 
18,269
 

5 Director's advances, credit and guarantees

During the period, the Company received advances from a director of £244 and made repayments of £109. At the period end, the Company owed £135 to the director.

6 Controlling party

The ultimate controlling party is K Javaid.