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REGISTERED NUMBER: 05835125















Financial Statements for the Year Ended 31 March 2023

for

HNM 786 Limited

HNM 786 Limited (Registered number: 05835125)






Contents of the Financial Statements
for the Year Ended 31 March 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


HNM 786 Limited

Company Information
for the Year Ended 31 March 2023







DIRECTORS: S J Manzoor
H N Manzoor





REGISTERED OFFICE: 31a The Wicker
Sheffield
South Yorkshire
S3 8HS





REGISTERED NUMBER: 05835125





ACCOUNTANTS: A H Accountancy Services
Incorporated Financial Accountants
61A Blagden Street
Sheffield
South Yorkshire
S2 5QS

HNM 786 Limited (Registered number: 05835125)

Balance Sheet
31 March 2023

31.3.23 31.3.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 332 391
Investment property 5 340,000 340,000
340,332 340,391

CURRENT ASSETS
Debtors 6 80,865 80,865
Cash at bank 148 186
81,013 81,051
CREDITORS
Amounts falling due within one year 7 155,619 168,818
NET CURRENT LIABILITIES (74,606 ) (87,767 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

265,726

252,624

CREDITORS
Amounts falling due after more than one year 8 110,610 109,550
NET ASSETS 155,116 143,074

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 155,115 143,073
SHAREHOLDERS' FUNDS 155,116 143,074

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

HNM 786 Limited (Registered number: 05835125)

Balance Sheet - continued
31 March 2023


The 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.

The financial statements were approved by the Board of Directors and authorised for issue on 16 August 2024 and were signed on its behalf by:





H N Manzoor - Director


HNM 786 Limited (Registered number: 05835125)

Notes to the Financial Statements
for the Year Ended 31 March 2023

1. STATUTORY INFORMATION

HNM 786 Limited is a private company, limited by shares , registered in Not specified/Other. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 15% on reducing balance

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

HNM 786 Limited (Registered number: 05835125)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

4. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
At 1 April 2022
and 31 March 2023 1,500
DEPRECIATION
At 1 April 2022 1,109
Charge for year 59
At 31 March 2023 1,168
NET BOOK VALUE
At 31 March 2023 332
At 31 March 2022 391

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2022
and 31 March 2023 340,000
NET BOOK VALUE
At 31 March 2023 340,000
At 31 March 2022 340,000

Fair value at 31 March 2023 is represented by:
£   
Valuation in 2018 (59,209 )
Valuation in 2019 160,000
Cost 239,209
340,000

If Investment property had not been revalued it would have been included at the following historical cost:

31.3.23 31.3.22
£    £   
Cost 239,209 239,209

Investment property was valued on an open market value basis on 1 May 2017 by Knight Frank .

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Other debtors 80,865 80,865

HNM 786 Limited (Registered number: 05835125)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Bank loans and overdrafts - 8,898
Taxation and social security 7,148 4,063
Other creditors 148,471 155,857
155,619 168,818

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.3.23 31.3.22
£    £   
Bank loans 110,610 109,550

9. SECURED DEBTS

The following secured debts are included within creditors:

31.3.23 31.3.22
£    £   
Bank loans 110,610 118,448

Bank loan is secured by a legal charge on freehold land lying to the North West of Barnsley Road (known as 143A, B & C ) and also a fixed and floating charge over all the undertaking or property of the company.

10. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2023 and 31 March 2022:

31.3.23 31.3.22
£    £   
M Manzoor
Balance outstanding at start of year 26,951 24,951
Amounts advanced - 2,000
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 26,951 26,951

11. ULTIMATE CONTROLLING PARTY

The controlling party is Noor Properties Limited.