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REGISTERED NUMBER: 03789181 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 June 2024

for

HIMENZ LIMITED

HIMENZ LIMITED (REGISTERED NUMBER: 03789181)

Contents of the Financial Statements
FOR THE YEAR ENDED 30 JUNE 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


HIMENZ LIMITED

Company Information
FOR THE YEAR ENDED 30 JUNE 2024







DIRECTOR: Mr Isik Vedat





REGISTERED OFFICE: Unit 18 Forest Business Park
Argall Avenue
Leyton
London
E10 7FB





REGISTERED NUMBER: 03789181 (England and Wales)





ACCOUNTANTS: ADPL LLP
293 Green Lanes
London
N13 4XS

HIMENZ LIMITED (REGISTERED NUMBER: 03789181)

Balance Sheet
30 JUNE 2024

30.6.24 30.6.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 487,873 509,308
487,873 509,308

CURRENT ASSETS
Stocks 488,050 753,301
Debtors 6 562,898 427,984
Cash at bank and in hand 260,121 88,185
1,311,069 1,269,470
CREDITORS
Amounts falling due within one year 7 291,695 336,022
NET CURRENT ASSETS 1,019,374 933,448
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,507,247

1,442,756

CREDITORS
Amounts falling due after more than one
year

8

(256,722

)

(284,090

)

PROVISIONS FOR LIABILITIES 10 (6,509 ) (10,289 )
NET ASSETS 1,244,016 1,148,377

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 1,243,916 1,148,277
SHAREHOLDERS' FUNDS 1,244,016 1,148,377

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

HIMENZ LIMITED (REGISTERED NUMBER: 03789181)

Balance Sheet - continued
30 JUNE 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 Profit & Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 24 January 2025 and were signed by:





Mr Isik Vedat - Director


HIMENZ LIMITED (REGISTERED NUMBER: 03789181)

Notes to the Financial Statements
FOR THE YEAR ENDED 30 JUNE 2024


1. STATUTORY INFORMATION

Himenz 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.

The accounts are prepared on a going concern basis, the use of the going concern basis of accounting is appropriate because there are no material uncertainties related to events or conditions that may cast significant doubt about the ability of the company to continue as a going concern.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill has been amortised fully.

Development cost
Development cost is amortised evenly over useful life of 5 years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Long leasehold - in accordance with the property
Improvements to property - 25% on reducing balance
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Computer equipment - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit & Loss Account, 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.


HIMENZ LIMITED (REGISTERED NUMBER: 03789181)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 30 JUNE 2024


2. ACCOUNTING POLICIES - continued
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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 21 (2023 - 20 ) .

4. INTANGIBLE FIXED ASSETS
Development
Goodwill costs Totals
£    £    £   
COST
At 1 July 2023
and 30 June 2024 35,000 10,000 45,000
AMORTISATION
At 1 July 2023
and 30 June 2024 35,000 10,000 45,000
NET BOOK VALUE
At 30 June 2024 - - -
At 30 June 2023 - - -

HIMENZ LIMITED (REGISTERED NUMBER: 03789181)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 30 JUNE 2024


5. TANGIBLE FIXED ASSETS
Improvements
Long to Plant and
leasehold property machinery
£    £    £   
COST
At 1 July 2023 500,036 53,566 354,836
Additions - - 5,913
At 30 June 2024 500,036 53,566 360,749
DEPRECIATION
At 1 July 2023 65,223 36,752 307,501
Charge for year 7,247 4,203 13,312
At 30 June 2024 72,470 40,955 320,813
NET BOOK VALUE
At 30 June 2024 427,566 12,611 39,936
At 30 June 2023 434,813 16,814 47,335

Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1 July 2023 4,660 22,950 4,556 940,604
Additions - - - 5,913
At 30 June 2024 4,660 22,950 4,556 946,517
DEPRECIATION
At 1 July 2023 3,996 13,268 4,556 431,296
Charge for year 166 2,420 - 27,348
At 30 June 2024 4,162 15,688 4,556 458,644
NET BOOK VALUE
At 30 June 2024 498 7,262 - 487,873
At 30 June 2023 664 9,682 - 509,308

6. DEBTORS
30.6.24 30.6.23
£    £   
Amounts falling due within one year:
Trade debtors 312,414 315,139
Other debtors 250,484 82,845
562,898 397,984

HIMENZ LIMITED (REGISTERED NUMBER: 03789181)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 30 JUNE 2024


6. DEBTORS - continued
30.6.24 30.6.23
£    £   
Amounts falling due after more than one year:
Other debtors - 30,000

Aggregate amounts 562,898 427,984

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Bank loans and overdrafts 30,515 30,515
Trade creditors 119,696 189,207
Taxation and social security 67,463 27,305
Other creditors 74,021 88,995
291,695 336,022

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.6.24 30.6.23
£    £   
Bank loans 256,722 284,090

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 84,662 112,030

9. SECURED DEBTS

The following secured debts are included within creditors:

30.6.24 30.6.23
£    £   
Bank loans 287,237 314,605

10. PROVISIONS FOR LIABILITIES
30.6.24 30.6.23
£    £   
Deferred tax 6,509 10,289

Deferred
tax
£   
Balance at 1 July 2023 10,289
Credit to Profit & Loss Account during year (3,780 )
Balance at 30 June 2024 6,509