Company registration number 12054762 (England and Wales)
HGS TRADING LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024
PAGES FOR FILING WITH REGISTRAR
HGS TRADING LTD
BALANCE SHEET
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2024
2023
£
£
£
£
Fixed assets
11,103
16,228
Current assets
64,213
64,347
Creditors: amounts falling due within one year
(46,914)
(22,823)
Net current assets
17,299
41,524
Total assets less current liabilities
28,402
57,752
Creditors: amounts falling due after more than one year
(27,316)
(32,871)
Net assets
1,086
24,881
Capital and reserves
1,086
24,881
Notes to the financial statements
1
Financial commitments, guarantees and contingencies
During the year advances totalling £12,459 were made by the company to the director (2023 : £27,692) and repayments of £40,151 were made by the director to the company (2023 : £Nil). The loans are repayable on demand and are charged interest at 2.25% pa where applicable.
2
Employees
The average number of persons, including directors, employed by the company during the year was as follows:
2024
2023
Number
Number
Employees
1
1
HGS Trading Ltd is a private company limited by shares incorporated in England and Wales. The registered office is 223 Yarm Road, Darlington, DL1 1EF.
For the year ended 30 June 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime', and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
HGS TRADING LTD
BALANCE SHEET (CONTINUED)
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The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true
The financial statements were approved and signed by the director and authorised for issue on 27 June 2025
Mr H Smith
Director
Company registration number 12054762 (England and Wales)