Company Registration No. 10960709 (England and Wales)
Heartlands Hostel Limited
Unaudited accounts
for the year ended 30 September 2024
Heartlands Hostel Limited
Unaudited accounts
Contents
Heartlands Hostel Limited
Company Information
for the year ended 30 September 2024
Directors
Ahsan Riaz
Saliha Ahsan Riaz
Company Number
10960709 (England and Wales)
Registered Office
280-282 BORDESLEY GREEN
BIRMINGHAM
B9 5NA
ENGLAND
Accountants
EJAZ & CO LTD
Fairgate House
205 Kings Road
Birmingham
West Midlands
B11 2AA
Heartlands Hostel Limited
Statement of financial position
as at 30 September 2024
Tangible assets
49,057
40,472
Cash at bank and in hand
34,634
15,053
Creditors: amounts falling due within one year
(36,697)
(15,185)
Net current liabilities
(2,063)
(132)
Total assets less current liabilities
46,994
40,340
Creditors: amounts falling due after more than one year
-
(29,134)
Called up share capital
2
2
Profit and loss account
46,992
11,204
Shareholders' funds
46,994
11,206
For the year ending 30 September 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 28 October 2024 and were signed on its behalf by
Ahsan Riaz
Director
Company Registration No. 10960709
Heartlands Hostel Limited
Notes to the Accounts
for the year ended 30 September 2024
Heartlands Hostel Limited is a private company, limited by shares, registered in England and Wales, registration number 10960709. The registered office is 280-282 BORDESLEY GREEN, BIRMINGHAM, B9 5NA, 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.
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:
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 October 2023
34,971
85,185
5,840
125,996
Additions
-
20,839
5,145
25,984
At 30 September 2024
34,971
106,024
10,985
151,980
At 1 October 2023
30,466
49,221
5,837
85,524
Charge for the year
965
15,904
530
17,399
At 30 September 2024
31,431
65,125
6,367
102,923
At 30 September 2024
3,540
40,899
4,618
49,057
At 30 September 2023
4,505
35,964
3
40,472
Heartlands Hostel Limited
Notes to the Accounts
for the year ended 30 September 2024
5
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
32,940
21,305
Loans from directors
1,257
(8,620)
6
Creditors: amounts falling due after more than one year
2024
2023
7
Average number of employees
During the year the average number of employees was 8 (2023: 8).