Company Registration No. 09383801 (England and Wales)
Hasan Sweets and baker limited
Unaudited accounts
for the year ended 31 January 2024
Hasan Sweets and baker limited
Unaudited accounts
Contents
Hasan Sweets and baker limited
Company Information
for the year ended 31 January 2024
Directors
Mr N Ahmed
Mr M Imtiaz
Company Number
09383801 (England and Wales)
Registered Office
52 ABEL STREET
BURNLEY
LANCASHIRE
BB10 1QU
Accountants
Arif Khan Accountants Limited
25 Whetley Lane
Bradford
W Yorkshire
BD8 9EH
Hasan Sweets and baker limited
Statement of financial position
as at 31 January 2024
Tangible assets
111,886
112,292
Cash at bank and in hand
21,957
79,718
Creditors: amounts falling due within one year
(104,537)
(166,787)
Net current liabilities
(56,566)
(8,592)
Called up share capital
100
100
Profit and loss account
55,220
103,600
Shareholders' funds
55,320
103,700
For the year ending 31 January 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 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 24 October 2024 and were signed on its behalf by
Mr M Imtiaz
Director
Company Registration No. 09383801
Hasan Sweets and baker limited
Notes to the Accounts
for the year ended 31 January 2024
Hasan Sweets and baker limited is a private company, limited by shares, registered in England and Wales, registration number 09383801. The registered office is 52 ABEL STREET, BURNLEY, LANCASHIRE, BB10 1QU.
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.
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
15% Reducing balance basis.
Motor vehicles
15% Reducing balances basis
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Leasehold depreciated 10% reducing balances basis.
Hasan Sweets and baker limited
Notes to the Accounts
for the year ended 31 January 2024
5
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At cost
At 1 February 2023
50,286
122,438
2,000
174,724
Additions
-
5,315
11,900
17,215
At 31 January 2024
50,286
127,753
13,900
191,939
At 1 February 2023
10,057
50,375
2,000
62,432
Charge for the year
4,230
11,606
1,785
17,621
At 31 January 2024
14,287
61,981
3,785
80,053
At 31 January 2024
35,999
65,772
10,115
111,886
At 31 January 2023
40,229
72,063
-
112,292
Amounts falling due within one year
Other debtors
7,899
68,820
7
Creditors: amounts falling due within one year
2024
2023
Trade creditors
103,234
166,242
Taxes and social security
1,303
545
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
9
Average number of employees
During the year the average number of employees was 8 (2023: 8).