HMLA LIMITED

Company Registration Number:
07470043 (England and Wales)

Unaudited abridged accounts for the year ended 30 April 2024

Period of accounts

Start date: 01 May 2023

End date: 30 April 2024

HMLA LIMITED

Contents of the Financial Statements

for the Period Ended 30 April 2024

Balance sheet
Notes

HMLA LIMITED

Balance sheet

As at 30 April 2024


Notes

2024

2023


£

£
Called up share capital not paid: 0 0
Fixed assets
Tangible assets: 3 1,776 1
Total fixed assets: 1,776 1
Current assets
Debtors:   184,184 171,298
Cash at bank and in hand: 7,545 9,836
Total current assets: 191,729 181,134
Creditors: amounts falling due within one year: 4 (178,641) (175,157)
Net current assets (liabilities): 13,088 5,977
Total assets less current liabilities: 14,864 5,978
Total net assets (liabilities): 14,864 5,978
Capital and reserves
Called up share capital: 30 30
Profit and loss account: 14,834 5,948
Shareholders funds: 14,864 5,978

The notes form part of these financial statements

HMLA LIMITED

Balance sheet statements

For the year ending 30 April 2024 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 28 January 2025
and signed on behalf of the board by:

Name: C Shing Lee
Status: Director

The notes form part of these financial statements

HMLA LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover represents the invoiced value of goods and services supplied by the company, net of value added tax and trade discounts

Tangible fixed assets and depreciation policy

Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives Equipment -: Straight line 33%

Other accounting policies

Taxation Taxation represents the sum of tax currently payable and deferred tax. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period. Deferred tax is recognised on all timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period.

HMLA LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

2. Employees

2024 2023
Average number of employees during the period 2 2

HMLA LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

3. Tangible Assets

Total
Cost £
At 01 May 2023 11,292
Additions 2,298
At 30 April 2024 13,590
Depreciation
At 01 May 2023 11,291
Charge for year 523
At 30 April 2024 11,814
Net book value
At 30 April 2024 1,776
At 30 April 2023 1

HMLA LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

4. Creditors: amounts falling due within one year note

UK corporation tax 6,502 6,652 VAT - 8,232 Trade creditors 49,880 49,514 Other creditors Loan Hodgkinsons 106,434 97,434 Accruals 15,825 13,325

HMLA LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

5. Loans to directors

Name of director receiving advance or credit: C Shing Li
Description of the loan: Loan bering interest at the official rate
£
Balance at 01 May 2023 8,937
Advances or credits made: 11,826
Advances or credits repaid: 9,000
Balance at 30 April 2024 11,763
Name of director receiving advance or credit: S Hill
Description of the loan: Loan bearing interest at the official rate
£
Balance at 01 May 2023 8,991
Advances or credits made: 10,417
Advances or credits repaid: 9,000
Balance at 30 April 2024 10,408