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REGISTERED NUMBER: 12982637 (England and Wales)

















HK Media And Training Ltd

Financial Statements for the Year Ended 31 October 2024






HK Media And Training Ltd (Registered number: 12982637)






Contents of the Financial Statements
for the year ended 31 October 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


HK Media And Training Ltd

Company Information
for the year ended 31 October 2024







DIRECTORS: Mr J P Gibbins
Mr P Mills





REGISTERED OFFICE: One Business Village
Emily Street
Hull
East Yorkshire
HU9 1ND





REGISTERED NUMBER: 12982637 (England and Wales)





ACCOUNTANTS: Southgates
Chartered Certified Accountants
9 Market Place
Hedon
East Yorkshire
HU12 8JA

HK Media And Training Ltd (Registered number: 12982637)

Balance Sheet
31 October 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 6,558 6,271

CURRENT ASSETS
Debtors 5 891 887
Cash at bank 21,140 23,017
22,031 23,904
CREDITORS
Amounts falling due within one year 6 16,668 15,605
NET CURRENT ASSETS 5,363 8,299
TOTAL ASSETS LESS CURRENT
LIABILITIES

11,921

14,570

RESERVES
Income and expenditure account 11,921 14,570
11,921 14,570

HK Media And Training Ltd (Registered number: 12982637)

Balance Sheet - continued
31 October 2024


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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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 surplus or deficit 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 24 February 2025 and were signed on its behalf by:





Mr P Mills - Director


HK Media And Training Ltd (Registered number: 12982637)

Notes to the Financial Statements
for the year ended 31 October 2024

1. STATUTORY INFORMATION

HK Media And Training Ltd is a private company, limited by guarantee , 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.

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

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance
Computer equipment - Straight line over 3 years

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and 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.

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 surplus or deficit on a straight line basis over the period of the lease.

Financial instruments
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

3. EMPLOYEES AND DIRECTORS

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

HK Media And Training Ltd (Registered number: 12982637)

Notes to the Financial Statements - continued
for the year ended 31 October 2024

4. TANGIBLE FIXED ASSETS
Plant and Computer
machinery equipment Totals
£    £    £   
COST
At 1 November 2023 10,769 360 11,129
Additions 2,400 198 2,598
At 31 October 2024 13,169 558 13,727
DEPRECIATION
At 1 November 2023 4,668 190 4,858
Charge for year 2,125 186 2,311
At 31 October 2024 6,793 376 7,169
NET BOOK VALUE
At 31 October 2024 6,376 182 6,558
At 31 October 2023 6,101 170 6,271

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Prepayments 891 887

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Social security and other taxes 20 -
Accruals 240 -
Receipts in advance 16,408 15,605
16,668 15,605

7. LIMITED BY GUARANTEE

The company is limited by guarantee and as such has no share capital. The members of the company guarantee its indebtedness. This liability is limited to a nominal sum of £1 each. The directors may admit members in accordance with the Articles of Association. Each member is entitled to one vote at a general meeting, irrespective of the guarantee that he or she may have made. In the event of a winding up or dissolution of the company, the members are not entitled to a share of the assets or of any surplus arising.

8. RECEIPTS IN ADVANCE

The receipts in advance figure of £16,408 relates to grant income which has been allocated to the 31st October 2025 year-end.