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Company Registration No. 12569308 (England and Wales)
HS Traders Ltd Unaudited accounts for the year ended 31 March 2024
HS Traders Ltd Unaudited accounts Contents
Page
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HS Traders Ltd Company Information for the year ended 31 March 2024
Director
Mr Tabasam Shazad
Company Number
12569308 (England and Wales)
Registered Office
Unit1 New Bond Street Halifax West Yorkshire HX1 5HB
Accountants
Sultan Accountants Ltd 298 Gibbet Street Halifax West Yorkshire HX1 4JX
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HS Traders Ltd Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
640 
3,185 
Current assets
Inventories
103,570 
58,520 
Debtors
- 
13,050 
Cash at bank and in hand
1,995 
1,960 
105,565 
73,530 
Creditors: amounts falling due within one year
(68,129)
(32,604)
Net current assets
37,436 
40,926 
Total assets less current liabilities
38,076 
44,111 
Creditors: amounts falling due after more than one year
(29,193)
(34,953)
Net assets
8,883 
9,158 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
8,882 
9,157 
Shareholders' funds
8,883 
9,158 
For the year ending 31 March 2024 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 10 September 2024 and were signed on its behalf by
Mr Tabasam Shazad Director Company Registration No. 12569308
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HS Traders Ltd Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
HS Traders Ltd is a private company, limited by shares, registered in England and Wales, registration number 12569308. The registered office is Unit1, New Bond Street, Halifax, West Yorkshire, HX1 5HB.
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.
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
25%
Fixtures & fittings
15%
Computer equipment
20%
4
Tangible fixed assets
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 April 2023
9,000 
1,370 
450 
10,820 
At 31 March 2024
9,000 
1,370 
450 
10,820 
Depreciation
At 1 April 2023
6,750 
615 
270 
7,635 
Charge for the year
2,250 
205 
90 
2,545 
At 31 March 2024
9,000 
820 
360 
10,180 
Net book value
At 31 March 2024
- 
550 
90 
640 
At 31 March 2023
2,250 
755 
180 
3,185 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
- 
13,050 
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HS Traders Ltd Notes to the Accounts for the year ended 31 March 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
518 
416 
Trade creditors
66,242 
30,480 
Taxes and social security
319 
788 
Other creditors
1,050 
920 
68,129 
32,604 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
29,193 
34,953 
8
Average number of employees
During the year the average number of employees was 3 (2023: 3).
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