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REGISTERED NUMBER: 08183875 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2024

for

Hanmol Limited

Hanmol Limited (Registered number: 08183875)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Hanmol Limited

Company Information
for the Year Ended 31 March 2024







DIRECTORS: D Tuck
Mrs C Tuck





REGISTERED OFFICE: 12 Weetwood Avenue
Far Headingley
Leeds
West Yorkshire
LS16 5NF





REGISTERED NUMBER: 08183875 (England and Wales)





ACCOUNTANTS: Charles Stewart & Co Limited
3 Park Square
Leeds
LS1 2NE

Hanmol Limited (Registered number: 08183875)

Balance Sheet
31 March 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 765,379 765,379

CURRENT ASSETS
Debtors 5 1,207 -
Cash at bank 3,111 7,213
4,318 7,213
CREDITORS
Amounts falling due within one year 6 31,355 54,253
NET CURRENT LIABILITIES (27,037 ) (47,040 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

738,342

718,339

CREDITORS
Amounts falling due after more than one
year

7

220,000

225,000
NET ASSETS 518,342 493,339

CAPITAL AND RESERVES
Called up share capital 8 100 100
Share premium 9 369,838 369,838
Retained earnings 9 148,404 123,401
SHAREHOLDERS' FUNDS 518,342 493,339

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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.

Hanmol Limited (Registered number: 08183875)

Balance Sheet - continued
31 March 2024


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 17 December 2024 and were signed on its behalf by:





D Tuck - Director


Hanmol Limited (Registered number: 08183875)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Hanmol 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Turnover
Turnover represents rents receivable. Rents are recognised as they are earned from the tenants' use of the properties in the period.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

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

Hanmol Limited (Registered number: 08183875)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2023
and 31 March 2024 765,379
NET BOOK VALUE
At 31 March 2024 765,379
At 31 March 2023 765,379

Investment property is being carried at cost which is, in the opinion of the directors, not materially different to the open market value with tenancy at the balance sheet date.

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
VAT 1,207 -

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Tax 7,184 5,378
Directors' current accounts 1,721 27,025
Accrued expenses 22,450 21,850
31,355 54,253

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Amounts owed to related undertaking 100,000 -
Directors' loan accounts 120,000 225,000
220,000 225,000

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary £1 100 100

Hanmol Limited (Registered number: 08183875)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

9. RESERVES
Retained Share
earnings premium Totals
£    £    £   

At 1 April 2023 123,401 369,838 493,239
Profit for the year 27,003 27,003
Dividends (2,000 ) (2,000 )
At 31 March 2024 148,404 369,838 518,242

10. RELATED PARTY DISCLOSURES

At 31 March 2024 the company owed a sum of £100,000 (2023: £Nil) to Urbec Limited.

11. ULTIMATE CONTROLLING PARTY

The ultimate controlling parties are D Tuck and C Tuck.