1 December 2022 v2024.39.1 micro_entity_frs_105_v1_1_1 filingSoftwarefalsetruetruetruefalseNo description of principal activity00truexbrli:purexbrli:sharesiso4217:GBP129960682022-12-012023-11-30129960682023-11-30129960682022-11-3012996068core:WithinOneYear2023-11-3012996068core:WithinOneYear2022-11-3012996068bus:RegisteredOffice2022-12-012023-11-3012996068bus:Director12022-12-012023-11-301299606812022-12-012023-11-30129960682021-12-012022-11-3012996068countries:EnglandWales2022-12-012023-11-3012996068bus:AuditExempt-NoAccountantsReport2022-12-012023-11-3012996068bus:PrivateLimitedCompanyLtd2022-12-012023-11-3012996068bus:Micro-entities2022-12-012023-11-3012996068bus:FullAccounts2022-12-012023-11-30
Company registration number:
12996068
HM Assets Ltd
Unaudited Filleted Financial Statements for the year ended
30 November 2023
HM Assets Ltd
Statement of Financial Position
30 November 2023
20232022
££
Fixed assets
785,462
 
624,489
 
   
Current assets
2,089
 
17,436
 
Prepayments and accrued income -  
716
 
Creditors: amounts falling due within one year
(877,346
)
(640,584
)
Net current liabilities
(875,257
)
(622,432
)
Total assets less current liabilities
(89,795
)
2,057
 
Accruals and deferred income
(1,152
)
(1,014
)
Net (liabilities)/assets
(90,947
)
1,043
 
   
Capital and reserves
(90,947
)
1,043
 

Notes to the Financial Statements

1 General information

The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is
Ty Newydd Roundabout Lane
,
Wokingham
, ,
RG41 5AE
, England.
The principal activity of the company in the year under review was letting out of owned real estate.
These financial statements are presented in GBP, which is the Company’s functional currency. All amounts have been rounded to the nearest pound, unless otherwise indicated

2 Average number of employees

The average number of persons employed by the company during the year was Nil (2022: Nil).

3 Directors' advances, credit and guarantees

The company owed £877,346 (£640,584 - 2022) to its director as at 30th November 2023.
For the year ending
30 November 2023
, the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
  • 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;
  • The directors acknowledge 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 in accordance with the micro-entity provisions and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
These financial statements were approved by the
board of directors
and authorised for issue on
19 August 2024
, and are signed on behalf of the board by:
M Ashraf
Director
Company registration number:
12996068