Company Registration No. 14208251 (England and Wales)
Hyran Technologies Ltd
Unaudited accounts
for the year ended 30 June 2024
Hyran Technologies Ltd
Unaudited accounts
Contents
Hyran Technologies Ltd
Company Information
for the year ended 30 June 2024
Director
Dr Ahmed Hasan Zaidi
Company Number
14208251 (England and Wales)
Registered Office
230 Clara Rackham Street
Cambridge
England
CB1 3FH
United Kingdom
Accountants
CLEARCUT ACCOUNTING LIMITED
SUITE 2 PARKWAY 5 PARKWAY BUSINESS CENT
300 PRINCESS ROAD
MANCHESTER
M14 7HR
Hyran Technologies Ltd
Statement of financial position
as at 30 June 2024
Cash at bank and in hand
262,966
371,076
Creditors: amounts falling due within one year
(12,178)
(8,947)
Net current assets
304,901
370,017
Net assets
304,901
370,017
Called up share capital
10
2
Share premium
472,437
460,705
Profit and loss account
(167,546)
(90,690)
Shareholders' funds
304,901
370,017
For the year ending 30 June 2024 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 5 December 2024 and were signed on its behalf by
Dr Ahmed Hasan Zaidi
Director
Company Registration No. 14208251
Hyran Technologies Ltd
Notes to the Accounts
for the year ended 30 June 2024
Hyran Technologies Ltd is a private company, limited by shares, registered in England and Wales, registration number 14208251. The registered office is 230 Clara Rackham Street, Cambridge, England, CB1 3FH, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Expenditure on research and development is written off in the year in which it is incurred.
Amounts falling due within one year
Trade debtors
31,337
7,886
5
Creditors: amounts falling due within one year
2024
2023
Trade creditors
10,076
3,244
Taxes and social security
-
2,213
Other creditors
1,516
3,444
Loans from directors
540
-
Hyran Technologies Ltd
Notes to the Accounts
for the year ended 30 June 2024
The director controls company.
7
Average number of employees
During the year the average number of employees was 1 (2023: 1).