Company Registration No. 08751022 (England and Wales)
HABRUT LTD
Unaudited accounts
for the year ended 31 October 2023
HABRUT LTD
Unaudited accounts
Contents
HABRUT LTD
Company Information
for the year ended 31 October 2023
Company Number
08751022 (England and Wales)
Registered Office
56 Templar House
Shoot Up Hill
London
NW2 3TD
Accountants
Heartwood Accountants Limited
103 High Street
Waltham Cross
Herts
EN87AN
Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of HABRUT LTD for the year ended 31 October 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
HABRUT LTD for the year ended
31 October 2023 as set out on pages
5 -
7 from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.
This report is made solely to the Board of Directors of HABRUT LTD, as a body, in accordance with the terms of our engagement letter dated 9 July 2020. Our work has been undertaken solely to prepare for your approval the accounts of HABRUT LTD and state those matters that we have agreed to state to the Board of Directors of HABRUT LTD, as a body, in this report in accordance with AAF 07/16 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than HABRUT LTD and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that HABRUT LTD has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of HABRUT LTD. You consider that HABRUT LTD is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of HABRUT LTD. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Heartwood Accountants Limited
Chartered Accountants
103 High Street
Waltham Cross
Herts
EN87AN
17 July 2024
HABRUT LTD
Statement of financial position
as at 31 October 2023
Tangible assets
368,345
368,345
Cash at bank and in hand
19,550
18,224
Creditors: amounts falling due within one year
(361,299)
(365,741)
Net current liabilities
(341,749)
(347,517)
Total assets less current liabilities
26,596
20,828
Creditors: amounts falling due after more than one year
(663)
(1,659)
Called up share capital
100
100
Profit and loss account
25,833
19,069
Shareholders' funds
25,933
19,169
For the year ending 31 October 2023 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 17 July 2024 and were signed on its behalf by
Abel Habtai
Director
Company Registration No. 08751022
HABRUT LTD
Notes to the Accounts
for the year ended 31 October 2023
HABRUT LTD is a private company, limited by shares, registered in England and Wales, registration number 08751022. The registered office is 56 Templar House, Shoot Up Hill, London, NW2 3TD.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
15% Straight line
Fixtures & fittings
10% Straight Line
4
Tangible fixed assets
Land & buildings
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 November 2022
368,345
4,290
987
373,622
At 31 October 2023
368,345
4,290
987
373,622
At 1 November 2022
-
4,290
987
5,277
At 31 October 2023
-
4,290
987
5,277
At 31 October 2023
368,345
-
-
368,345
At 31 October 2022
368,345
-
-
368,345
HABRUT LTD
Notes to the Accounts
for the year ended 31 October 2023
5
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
1,236
1,236
Loans from directors
360,063
364,505
6
Creditors: amounts falling due after more than one year
2023
2022
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
8
Average number of employees
During the year the average number of employees was 1 (2022: 1).