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REGISTERED NUMBER: 10860162 (England and Wales)












HASSCO DEVELOPMENTS LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2024






HASSCO DEVELOPMENTS LIMITED (REGISTERED NUMBER: 10860162)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


HASSCO DEVELOPMENTS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JANUARY 2024







DIRECTORS: Mr M Hassan
Mr A Hassan





REGISTERED OFFICE: Sterling House
Fulbourne Road
Walthamstow
London
E17 4EE





REGISTERED NUMBER: 10860162 (England and Wales)





ACCOUNTANTS: Christiansons Ltd
Chartered Certified Accountants
Sterling House
Fulbourne Road
Walthamstow
London
E17 4EE

HASSCO DEVELOPMENTS LIMITED (REGISTERED NUMBER: 10860162)

BALANCE SHEET
31 JANUARY 2024

31.1.24 31.1.23
Notes £    £   
CURRENT ASSETS
Debtors 4 333,607 363,607
Cash at bank and in hand 4,596 3,968
338,203 367,575
CREDITORS
Amounts falling due within one year 5 407,906 406,149
NET CURRENT LIABILITIES (69,703 ) (38,574 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(69,703

)

(38,574

)

CAPITAL AND RESERVES
Called up share capital 6 100 100
Retained earnings 7 (69,803 ) (38,674 )
SHAREHOLDERS' FUNDS (69,703 ) (38,574 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 31 October 2024 and were signed on its behalf by:





Mr A Hassan - Director


HASSCO DEVELOPMENTS LIMITED (REGISTERED NUMBER: 10860162)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024


1. STATUTORY INFORMATION

Hassco Developments Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Other debtors 600 600
Related companies 333,007 363,007
333,607 363,607

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Trade creditors 100 100
Related companies 406,846 404,129
Accrued expenses 960 1,920
407,906 406,149

6. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.1.24 31.1.23
value: £    £   
100 Ordinary £1 100 100

HASSCO DEVELOPMENTS LIMITED (REGISTERED NUMBER: 10860162)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2024


7. RESERVES
Retained
earnings
£   

At 1 February 2023 (38,674 )
Deficit for the year (31,129 )
At 31 January 2024 (69,803 )

8. ULTIMATE CONTROLLING PARTY

Hassco Group Limited, controls the company as a result of holding 100 percent of the issued share capital.