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Company Registration No. 07676460 (England and Wales)
H&s Biz Associates Limited Unaudited accounts for the year ended 30 June 2024
H&s Biz Associates Limited Unaudited accounts Contents
Page
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H&s Biz Associates Limited Company Information for the year ended 30 June 2024
Directors
HAFIZ, Wafa SARWAR, Nahid
Company Number
07676460 (England and Wales)
Registered Office
Salatin House 19 Cedar Road Sutton Surrey SM2 5DA England
Accountants
S K Punia Accountants LLP 28-42 Celements Road Ilford IG1 1BA
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H&s Biz Associates Limited Statement of financial position as at 30 June 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
86 
983 
Investments
8,480 
8,480 
8,566 
9,463 
Current assets
Debtors
4,110 
4,110 
Cash at bank and in hand
38,393 
22,541 
42,503 
26,651 
Creditors: amounts falling due within one year
(23,525)
(15,704)
Net current assets
18,978 
10,947 
Total assets less current liabilities
27,544 
20,410 
Creditors: amounts falling due after more than one year
(9,600)
(16,800)
Net assets
17,944 
3,610 
Capital and reserves
Share premium
4 
4 
Profit and loss account
17,940 
3,606 
Shareholders' funds
17,944 
3,610 
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 directors acknowledge their 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 of Directors and authorised for issue on 13 March 2025 and were signed on its behalf by
SARWAR, Nahid Director Company Registration No. 07676460
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H&s Biz Associates Limited Notes to the Accounts for the year ended 30 June 2024
1
Statutory information
H&s Biz Associates Limited is a private company, limited by shares, registered in England and Wales, registration number 07676460. The registered office is Salatin House, 19 Cedar Road, Sutton, Surrey, SM2 5DA, England.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
33% Straight Line
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
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H&s Biz Associates Limited Notes to the Accounts for the year ended 30 June 2024
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 July 2023
8,235 
At 30 June 2024
8,235 
Depreciation
At 1 July 2023
7,252 
Charge for the year
897 
At 30 June 2024
8,149 
Net book value
At 30 June 2024
86 
At 30 June 2023
983 
5
Investments
Subsidiary undertakings 
£ 
Valuation at 1 July 2023
8,480 
Valuation at 30 June 2024
8,480 
Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
4,110 
4,110 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
7,200 
7,200 
Taxes and social security
12,278 
5,319 
Other creditors
550 
3,185 
Loans from directors
3,497 
- 
23,525 
15,704 
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
9,600 
16,800 
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H&s Biz Associates Limited Notes to the Accounts for the year ended 30 June 2024
9
Average number of employees
During the year the average number of employees was 0 (2023: 3).
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