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Registered Number: NI681656
Northern Ireland

 

 

 

HKG TECHNOLOGIES LTD



Abridged Accounts
 


Period of accounts

Start date: 01 September 2023

End date: 31 August 2024
 
 
Notes
 
2024
£
  2023
£
Current assets      
Debtors 142    276 
Cash at bank and in hand 27,739    18,994 
27,881    19,270 
Creditors: amount falling due within one year (3,131)   (772)
Net current assets 24,750    18,498 
 
Total assets less current liabilities 24,750    18,498 
Net assets 24,750    18,498 
 

Capital and reserves
     
Called up share capital 2    2 
Profit and loss account 24,748    18,496 
Shareholders' funds 24,750    18,498 
 


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:
  1. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
  2. 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 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 to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).
The financial statements were approved by the director on 14 May 2025 and were signed by:


-------------------------------
Hari Babu GOLLAPALLI
Director
1
General Information
HKG TECHNOLOGIES LTD is a private company, limited by shares, registered in Northern Ireland, registration number NI681656, registration address Flat 501 Margarita Plaza, 81 Adelaide Street, Belfast, BT2 8FF.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by Section 1A of the standard)
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Foreign currencies
Monetary assets and liabilities denominated in foreign currencies are translated into sterling at the rate of exchange ruling at the balance sheet date. Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. All foreign exchange differences are included to the profit and loss account.
2.

Average number of employees

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