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Company Registration No. 13663228 (England and Wales)
HK Building & Construction Ltd Unaudited accounts for the period from 31 October 2022 to 29 October 2023
HK Building & Construction Ltd Unaudited accounts Contents
Page
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HK Building & Construction Ltd Company Information for the period from 31 October 2022 to 29 October 2023
Director
Mr H Karabulut
Company Number
13663228 (England and Wales)
Registered Office
214 Baker Street Enfield EN1 3JT England
Accountants
DNG Associates 214 Baker Street Enfield London EN1 3JT
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HK Building & Construction Ltd Statement of financial position as at 29 October 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
20,314 
22,710 
Current assets
Cash at bank and in hand
2,672 
8,831 
Creditors: amounts falling due within one year
(23,549)
(31,082)
Net current liabilities
(20,877)
(22,251)
Net (liabilities)/assets
(563)
459 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(663)
359 
Shareholders' funds
(563)
459 
For the period ending 29 October 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 8 October 2024 and were signed on its behalf by
Mr H Karabulut Director Company Registration No. 13663228
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HK Building & Construction Ltd Notes to the Accounts for the period from 31 October 2022 to 29 October 2023
1
Statutory information
HK Building & Construction Ltd is a private company, limited by shares, registered in England and Wales, registration number 13663228. The registered office is 214 Baker Street, Enfield, EN1 3JT, 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 period, 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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Plant & machinery
18% - reducing balance
Motor vehicles
6% - reducing balance
Going concern
These accounts have been prepared on the going concern basis, on the understanding that the directors and shareholders will continue to financially support the company during this uncertain period.
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HK Building & Construction Ltd Notes to the Accounts for the period from 31 October 2022 to 29 October 2023
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 31 October 2022
10,500 
15,000 
25,500 
At 29 October 2023
10,500 
15,000 
25,500 
Depreciation
At 31 October 2022
1,890 
900 
2,790 
Charge for the period
1,550 
846 
2,396 
At 29 October 2023
3,440 
1,746 
5,186 
Net book value
At 29 October 2023
7,060 
13,254 
20,314 
At 30 October 2022
8,610 
14,100 
22,710 
5
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Trade creditors
1,400 
700 
Taxes and social security
749 
982 
Loans from directors
21,400 
29,400 
23,549 
31,082 
6
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
7
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Mr H Karabulut
Directors Loan Account
(29,400)
8,000 
- 
(21,400)
(29,400)
8,000 
- 
(21,400)
There are no terms as to interest or repayment in respect of this balance.
8
Average number of employees
During the period the average number of employees was 3 (2022: 2).
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