HKN Enterprises Ltd

HKN Enterprises Ltd
Contents Page
For the year ended 31 August 2024

Company information	1
Statement of financial position	2

HKN Enterprises Ltd
Company Information
For the year ended 31 August 2024

Director	Hamza Younis Khan
Registered Number	12798013
Registered Office	22 Whitmore Road Birmingham B10 0NP

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HKN Enterprises Ltd
Statement of Financial Position
As at 31 August 2024

	2024		2023
	£	£	£	£
Current assets	46,678		82,834
Prepayments and accrued income	0		19,500
Creditors: amount falling due within one year	(35,411)		(47,532)
Net current assets		11,267		54,802
Total assets less current liabilities		11,267		54,802
Net assets		11,267		54,802


Capital and reserves		11,267		54,802

NOTES TO THE ACCOUNTS

General Information

HKN Enterprises Ltd is a private company, limited by shares, registered in England and Wales, registration number 12798013, registration address 22 Whitmore Road, Birmingham, B10 0NP.

The presentation currency is £ sterling.

1.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 105 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.

The financial statements are prepared in sterling which is the functional currency of the company.

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Taxation

Current tax is recognised for the amount of income tax payable in respect of the taxable profit for the current or past reporting periods using the tax rates and laws that that have been enacted or substantively enacted by the reporting date.

Dividends

Proposed dividends are only included as liabilities in the statement of financial position when their payment has been approved by the shareholders prior to the statement of financial position date.

Stocks

Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.

2.	Average number of employees Average number of employees during the year was 1 (2023 : 1).

For the year ended 31 August 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's Responsibilities:
The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.

The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the micro-entity provisions and FRS 105, the Financial Reporting Standard applicable to the micro-entities regime. The accounts have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The income statement has not been delivered to the Registrar of Companies.

The financial statements were approved by the director on 05 May 2025 and were signed by:

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Hamza Younis Khan
Director

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