Company Registration No. 12301112 (England and Wales)
HBT GLOBAL LTD
Unaudited accounts
for the year ended 30 November 2024
HBT GLOBAL LTD
Unaudited accounts
Contents
HBT GLOBAL LTD
Company Information
for the year ended 30 November 2024
Director
Rajesh Hotchandani
Company Number
12301112 (England and Wales)
Registered Office
Initial Business Centre,
Monsall Road,
Manchester,
M408WN
England
Accountants
CoreAdviz Digital Finance Ltd
10 Daventer Drive
Stanmore
HA7 3TJ
HBT GLOBAL LTD
Statement of financial position
as at 30 November 2024
Intangible assets
199,999
199,999
Cash at bank and in hand
25,926
6,951
Creditors: amounts falling due within one year
6,004
3,649
Net current assets
43,430
10,600
Total assets less current liabilities
243,429
210,599
Creditors: amounts falling due after more than one year
(38,366)
(21,785)
Net assets
205,063
188,814
Called up share capital
230,000
230,000
Profit and loss account
(24,937)
(41,186)
Shareholders' funds
205,063
188,814
For the year ending 30 November 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 28 May 2025 and were signed on its behalf by
Rajesh Hotchandani
Director
Company Registration No. 12301112
HBT GLOBAL LTD
Notes to the Accounts
for the year ended 30 November 2024
HBT GLOBAL LTD is a private company, limited by shares, registered in England and Wales, registration number 12301112. The registered office is Initial Business Centre,, Monsall Road,, Manchester,, M408WN, 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.
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.
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
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Intangible fixed assets
Other
At 1 December 2023
199,999
At 30 November 2024
199,999
At 30 November 2024
199,999
At 30 November 2023
199,999
The intangible assets value consists of two sub-ledgers (1) Capex Software Development cost total of £69,999 and (2) cost towards unpaid worked hours £130,000 incurred during the development phase of system infrastructure, software - knowHow built by founders. Since system infrastructure is in the development stage and hence amortisation/impairment has not been calculated this year.
Amounts falling due within one year
Accrued income and prepayments
9,500
-
HBT GLOBAL LTD
Notes to the Accounts
for the year ended 30 November 2024
6
Creditors: amounts falling due within one year
2024
2023
Loans from directors
(1,954)
(4,979)
7
Creditors: amounts falling due after more than one year
2024
2023
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).