| Registered Number:09604526 |
For the year ended 31 May 2025
England and Wales
Unaudited Financial Statements
HSG Transformation Ltd
Statement of Financial Position
2024
2025
| Property, plant and equipment |
1,620
1,906
2
1,620
1,906
| Trade and other receivables |
8,345
34
3
37,274
| Cash and cash equivalents |
18,463
18,497
45,619
| Trade and other payables: amounts falling due within one |
| year |
(13,139)
(443)
4
32,480
18,054
Net current assets
| Total assets less current liabilities |
19,674
34,386
(308)
(362)
| Provisions for liabilities |
19,366
Net assets
34,024
100
100
19,266
33,924
19,366
34,024
Shareholders' funds
| For the year ended 31 May 2025 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 of its financial statements for the year ended 31 May 2025 in accordance with Section 476 of the Companies Act 2006 |
| The director acknowledges his responsibilities for:a) ensuring that the company keeps proper accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and |
| b) preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of |
| each financial year and of its profit or loss for each financial year in accordance with the requirements of Section |
| 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial |
| statements, so far as applicable to the company. |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
| These financial statements were approved and authorised for issue by the Board on 10 July 2025 and were signed by: |
| The notes form part of these financial statements |
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For the year ended 31 May 2025
HSG Transformation Ltd
Notes to the Financial Statements
Statutory Information
| HSG Transformation Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration |
| number 09604526. |
5 Croft Road
Yardley
Birmingham
B26 1SG
| The presentation currency is £ sterling. |
Basis of preparing the financial statements
| These financial statements have been prepared in accordance with the provisions of Section 1A of Financial |
| Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the |
| Companies Act 2006. The financial statements have been prepared under the historical costs convention as |
| modified by the revaluation of certain assets. |
Revenue recognition
| Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts. |
Property, plant and equipment
| Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation . Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Computer equipment
Deferred tax
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date. |
Pension costs and other post-retirement benefits
| The company operates a defined contribution pension scheme for the benefit of its employees. Contributions payable are charged to the profit and loss account in the period in which they are payable. |
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For the year ended 31 May 2025
HSG Transformation Ltd
Notes to the Financial Statements Continued
| 2. Property, plant and equipment |
3,526
3,526
| Provision for depreciation and impairment |
1,620
Charge for year
286
1,906
1,620
1,906
| 3. Trade and other receivables |
2024
2025
-
8,024
| Taxation and social security |
34
321
8,345
34
| 4. Trade and other payables: amounts falling due within one year |
2024
2025
| Taxation and social security |
369
11,907
| Accruals and deferred income |
-
906
74
326
443
13,139
| 5. Related party transactions |
| The ultimate controlling party during the year was Saba Gondal , director , whom controls the company by virtue of |
| owning 100% of the share capital. |
| 6. Average number of persons employed |
During the year the average number of employees was 2 (2024 : 2)
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