Company registration number 11739780 (England and Wales)
HARK Ltd
Unaudited
financial statements
for the year ended 31 December 2023
PAGES FOR FILING WITH REGISTRAR
HARK Ltd
Contents
Page
Statement of financial position
1 - 2
Notes to the financial statements
3 - 4
HARK Ltd
Statement of financial position
as at 31 December 2023
- 1 -
2023
2022
Notes
£
£
£
£
Fixed assets
Tangible assets
3
449,954
399,979
Current assets
Cash at bank and in hand
76,605
14,193
Creditors: amounts falling due within one year
(336,429)
(143,772)
Net current liabilities
(259,824)
(129,579)
Total assets less current liabilities
190,130
270,400
Creditors: amounts falling due after more than one year
(208,240)
(272,836)
Net liabilities
(18,110)
(2,436)
Capital and reserves
Called up share capital
100
100
Profit and loss reserves
(18,210)
(2,536)
Total equity
(18,110)
(2,436)
HARK Ltd
Statement of financial position (continued)
as at 31 December 2023
- 2 -

In accordance with section 444 of the Companies Act 2006, all of the members of the company have consented to the preparation of abridged financial statements pursuant to paragraph 1A of Schedule 1 to the Small Companies and Groups (Accounts and Directors’ Report) Regulations (SI 2008/409)(b).

The directors of the company have elected not to include a copy of the income statement within the financial statements.true

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

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 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 by the board of directors and authorised for issue on 11 March 2024 and are signed on its behalf by:
Mr H Singh Punia
Dr K Punia
Director
Director
Company registration number 11739780 (England and Wales)
HARK Ltd
Notes to the Financial Statements
for the year ended 31 December 2023
- 3 -
1
Accounting policies
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.

Turnover

Turnover represents the value of services provided under contractual obligations to the extent that there is a right to consideration and where payments are received in advance for future periods the amounts are recorded as deferred income.

 

The total turnover of the company for the year has been derived from its principal activity wholly undertaken in the UK.

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:

Freehold land and buildings
No depreciation
2
Employees

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

2023
2022
Number
Number
Total
-
0
-
0
HARK Ltd
Notes to the Financial Statements (continued)
for the year ended 31 December 2023
- 4 -
3
Tangible fixed assets
Freehold land and buildings
£
Cost
At 1 January 2023
399,979
Additions
49,975
At 31 December 2023
449,954
Depreciation and impairment
At 1 January 2023 and 31 December 2023
-
0
Carrying amount
At 31 December 2023
449,954
At 31 December 2022
399,979
4
Company information

HARK Ltd is a private company limited by shares incorporated in England and Wales. The registered office is 18 Grantley Place, Bradley, Huddersfield, West Yorkshire, HD2 1LZ.

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