HABBAK WATCHES LTD

Company Registration Number:
13121230 (England and Wales)

Unaudited abridged accounts for the year ended 31 January 2024

Period of accounts

Start date: 01 February 2023

End date: 31 January 2024

HABBAK WATCHES LTD

Contents of the Financial Statements

for the Period Ended 31 January 2024

Balance sheet
Notes

HABBAK WATCHES LTD

Balance sheet

As at 31 January 2024


Notes

2024

2023


£

£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 7,335 2,542
Investments:   0 0
Total fixed assets: 7,335 2,542
Current assets
Stocks: 294,700 260,992
Debtors:   0 0
Cash at bank and in hand: 261,810 55,191
Investments:   0 0
Total current assets: 556,510 316,183
Creditors: amounts falling due within one year:   (478,621) (167,183)
Net current assets (liabilities): 77,889 149,000
Total assets less current liabilities: 85,224 151,542
Creditors: amounts falling due after more than one year:   0 0
Provision for liabilities: 0 0
Total net assets (liabilities): 85,224 151,542
Capital and reserves
Called up share capital: 1 1
Share premium account: 0 0
Revaluation reserve: 00
Other reserves: 0 0
Profit and loss account: 85,223 151,541
Shareholders funds: 85,224 151,542

The notes form part of these financial statements

HABBAK WATCHES LTD

Balance sheet statements

For the year ending 31 January 2024 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 08 October 2024
and signed on behalf of the board by:

Name: Talha Shah
Status: Director

The notes form part of these financial statements

HABBAK WATCHES LTD

Notes to the Financial Statements

for the Period Ended 31 January 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

HABBAK WATCHES LTD

Notes to the Financial Statements

for the Period Ended 31 January 2024

2. Employees

2024 2023
Average number of employees during the period 2 2

HABBAK WATCHES LTD

Notes to the Financial Statements

for the Period Ended 31 January 2024

3. Tangible Assets

Total
Cost £
At 01 February 2023 3,984
Additions 7,718
Disposals 0
Revaluations 0
Transfers 0
At 31 January 2024 11,702
Depreciation
At 01 February 2023 1,442
Charge for year 2,925
On disposals 0
Other adjustments 0
At 31 January 2024 4,367
Net book value
At 31 January 2024 7,335
At 31 January 2023 2,542