Company Registration No. 12345481 (England and Wales)
HMG SUPPLIER LTD
Accounts
for the year ended 31 December 2023
HMG SUPPLIER LTD
Accounts
Contents
HMG SUPPLIER LTD
Statement of financial position
as at 31 December 2023
Tangible assets
1,175
1,469
Cash at bank and in hand
536
7,493
Creditors: amounts falling due within one year
(8,932)
(9,365)
Net current liabilities
(8,396)
(1,572)
Net liabilities
(7,221)
(103)
Called up share capital
100
100
Profit and loss account
(7,321)
(203)
Shareholders' funds
(7,221)
(103)
For the year ending 31 December 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 5 September 2024 and were signed on its behalf by
Syed Hassan Mustafa GILANI
Director
Company Registration No. 12345481
HMG SUPPLIER LTD
Notes to the Accounts
for the year ended 31 December 2023
HMG SUPPLIER LTD is a private company, limited by shares, registered in England and Wales, registration number 12345481. The registered office is 19 Ashfields, Pitsea , Basildon, England, SS13 1HR.
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.
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
20% Reducing Balance
4
Tangible fixed assets
Computer equipment
Amounts falling due within one year
HMG SUPPLIER LTD
Notes to the Accounts
for the year ended 31 December 2023
6
Creditors: amounts falling due within one year
2023
2022
Other creditors
813
10,000
Loans from directors
8,119
(635)
7
Average number of employees
During the year the average number of employees was 3 (2022: 2).