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Company Registration No. 8818751 (England and Wales)
HS BUSINESS AND IT SOLUTION LTD Unaudited accounts for the year ended 31 December 2024
HS BUSINESS AND IT SOLUTION LTD Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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HS BUSINESS AND IT SOLUTION LTD Company Information for the year ended 31 December 2024
Director
Hussain Sajid
Company Number
8818751 (England and Wales)
Registered Office
Aw House 6-8 Stuart Street Luton LU1 2SJ
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HS BUSINESS AND IT SOLUTION LTD Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
28,411 
11,546 
Current assets
Debtors
5
1,994 
2,297 
Cash at bank and in hand
38,617 
26,858 
40,611 
29,155 
Creditors: amounts falling due within one year
6
(24,142)
(7,467)
Net current assets
16,469 
21,688 
Total assets less current liabilities
44,880 
33,234 
Creditors: amounts falling due after more than one year
7
(17,496)
(15,249)
Net assets
27,384 
17,985 
Capital and reserves
Called up share capital
8
5,000 
10,000 
Profit and loss account
22,384 
7,985 
Shareholders' funds
27,384 
17,985 
For the year ending 31 December 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 27 September 2025 and were signed on its behalf by
Hussain Sajid Director Company Registration No. 8818751
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HS BUSINESS AND IT SOLUTION LTD Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
HS BUSINESS AND IT SOLUTION LTD is a private company, limited by shares, registered in England and Wales, registration number 8818751. The registered office is Aw House, 6-8 Stuart Street, Luton, LU1 2SJ.
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.
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:
Plant & machinery
20% Reducing balance method
Fixtures & fittings
20% Reducing balance method
Computer equipment
20% Reducing balance method
4
Tangible fixed assets
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 January 2024
- 
37,726 
37,726 
Additions
23,967 
- 
23,967 
At 31 December 2024
23,967 
37,726 
61,693 
Depreciation
At 1 January 2024
- 
26,180 
26,180 
Charge for the year
4,793 
2,309 
7,102 
At 31 December 2024
4,793 
28,489 
33,282 
Net book value
At 31 December 2024
19,174 
9,237 
28,411 
At 31 December 2023
- 
11,546 
11,546 
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HS BUSINESS AND IT SOLUTION LTD Notes to the Accounts for the year ended 31 December 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
- 
2,262 
Amounts falling due after more than one year
Other debtors
1,994 
35 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
12,150 
2,550 
Taxes and social security
10,417 
4,305 
Other creditors
1,575 
612 
24,142 
7,467 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
12,496 
15,249 
Loans from directors
5,000 
- 
17,496 
15,249 
8
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
5,000 Ordinary Shares hold by HUSSAIN Sajid of £1 each
5,000 
5,000 
9
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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