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Company Registration No. 12831415 (England and Wales)
Hwadud Limited Unaudited accounts for the year ended 31 August 2024
Hwadud Limited Unaudited accounts Contents
Page
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Hwadud Limited Company Information for the year ended 31 August 2024
Director
Dr Haseebul Wadud
Company Number
12831415 (England and Wales)
Registered Office
Flat 46 4 Great Western Street Aylesbury Buckinghamshire HP20 2PL England
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Hwadud Limited Statement of financial position as at 31 August 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
386,493 
386,567 
Current assets
Cash at bank and in hand
24,872 
11,756 
Creditors: amounts falling due within one year
(8,857)
(7,489)
Net current assets
16,015 
4,267 
Total assets less current liabilities
402,508 
390,834 
Creditors: amounts falling due after more than one year
(388,206)
(388,206)
Net assets
14,302 
2,628 
Capital and reserves
Called up share capital
10 
10 
Profit and loss account
14,292 
2,618 
Shareholders' funds
14,302 
2,628 
For the year ending 31 August 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 26 May 2025 and were signed on its behalf by
Dr Haseebul Wadud Director Company Registration No. 12831415
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Hwadud Limited Notes to the Accounts for the year ended 31 August 2024
1
Statutory information
Hwadud Limited is a private company, limited by shares, registered in England and Wales, registration number 12831415. The registered office is Flat 46, 4 Great Western Street, Aylesbury, Buckinghamshire, HP20 2PL, 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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Fixtures & fittings
20% reducing balance method.
Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
Going concern
The Director has reasonable expectation that the Company will have adequate resources to continue in operational existence for the foreseeable future. The Company therefore continue to adopt the Going Concern basis for preparing it's financial statements.
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Hwadud Limited Notes to the Accounts for the year ended 31 August 2024
4
Tangible fixed assets
Land & buildings 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 September 2023
386,199 
1,242 
387,441 
At 31 August 2024
386,199 
1,242 
387,441 
Depreciation
At 1 September 2023
- 
874 
874 
Charge for the year
- 
74 
74 
At 31 August 2024
- 
948 
948 
Net book value
At 31 August 2024
386,199 
294 
386,493 
At 31 August 2023
386,199 
368 
386,567 
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
1,438 
2,014 
Taxes and social security
1,594 
1,242 
Other creditors
532 
- 
Loans from directors
5,293 
4,233 
8,857 
7,489 
6
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
278,313 
278,313 
Other creditors
109,893 
109,893 
388,206 
388,206 
7
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
10 Ordinary shares of £1 each
10 
10 
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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