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Company Registration No. 10458020 (England and Wales)
AsiaBusiness Hub Ltd Unaudited accounts for the year ended 30 November 2023
AsiaBusiness Hub Ltd Unaudited accounts Contents
Page
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AsiaBusiness Hub Ltd Company Information for the year ended 30 November 2023
Directors
Kuno Marschall Robert Marschall
Company Number
10458020 (England and Wales)
Registered Office
Flat 9, Alders Court Station Road Alresford Hampshire S024 9JG England
Accountants
Easy Accountants New Forest Enterprise Centre Rushington Business Park Totton Hampshire SO40 9LA
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AsiaBusiness Hub Ltd Statement of financial position as at 30 November 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
883 
820 
Current assets
Debtors
15 
- 
Cash at bank and in hand
5,385 
9,029 
5,400 
9,029 
Creditors: amounts falling due within one year
(59,010)
(37,157)
Net current liabilities
(53,610)
(28,128)
Net liabilities
(52,727)
(27,308)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(52,728)
(27,309)
Shareholders' funds
(52,727)
(27,308)
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. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their 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 of Directors and authorised for issue on 25 July 2024 and were signed on its behalf by
Robert Marschall Director Company Registration No. 10458020
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AsiaBusiness Hub Ltd Notes to the Accounts for the year ended 30 November 2023
1
Statutory information
AsiaBusiness Hub Ltd is a private company, limited by shares, registered in England and Wales, registration number 10458020. The registered office is Flat 9, Alders Court, Station Road, Alresford, Hampshire, S024 9JG, England.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Going concern
The company has the full financial backing of the directors as it looks to increase trade and move into profit.
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:
Computer equipment
25% Reducing Balance
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 December 2022
1,421 
Additions
357 
At 30 November 2023
1,778 
Depreciation
At 1 December 2022
601 
Charge for the year
294 
At 30 November 2023
895 
Net book value
At 30 November 2023
883 
At 30 November 2022
820 
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AsiaBusiness Hub Ltd Notes to the Accounts for the year ended 30 November 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due after more than one year
Trade debtors
15 
- 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
(5,610)
2,256 
Trade creditors
245 
- 
Loans from directors
58,861 
30,113 
Accruals
5,514 
4,788 
59,010 
37,157 
7
Average number of employees
During the year the average number of employees was 1 (2022: 1).
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