Company Registration No. 06663917 (England and Wales)
HEBASEEM LIMITED
Unaudited accounts
for the year ended 31 December 2024
HEBASEEM LIMITED
Unaudited accounts
Contents
HEBASEEM LIMITED
Company Information
for the year ended 31 December 2024
Company Number
06663917 (England and Wales)
Registered Office
6 AUCKLAND STREET
LONDON
SE11 5HT
Accountants
Tax Whizz
Greencoat House, First Floor
259 Stratford Road
Birmingham
West Midlands
B11 1QS
HEBASEEM LIMITED
Statement of financial position
as at 31 December 2024
Tangible assets
511,677
513,446
Cash at bank and in hand
35,671
31,127
Creditors: amounts falling due within one year
(48,370)
(75,024)
Net current assets
307,141
324,650
Total assets less current liabilities
818,818
838,096
Creditors: amounts falling due after more than one year
(32,703)
(42,702)
Net assets
786,115
795,394
Called up share capital
200
200
Revaluation reserve
355,498
355,498
Profit and loss account
430,417
439,696
Shareholders' funds
786,115
795,394
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 29 September 2025 and were signed on its behalf by
Aseem Sheikh
Director
Company Registration No. 06663917
HEBASEEM LIMITED
Notes to the Accounts
for the year ended 31 December 2024
HEBASEEM LIMITED is a private company, limited by shares, registered in England and Wales, registration number 06663917. The registered office is 6 AUCKLAND STREET, LONDON, SE11 5HT.
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.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
6.66% straight line
Plant & machinery
25% reducing balance
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
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.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
HEBASEEM LIMITED
Notes to the Accounts
for the year ended 31 December 2024
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Tangible fixed assets
Land & buildings
Plant & machinery
Total
Cost or valuation
At cost
At cost
At 1 January 2024
510,612
29,804
540,416
At 31 December 2024
510,612
29,804
540,416
At 1 January 2024
1,414
25,556
26,970
Charge for the year
707
1,062
1,769
At 31 December 2024
2,121
26,618
28,739
At 31 December 2024
508,491
3,186
511,677
At 31 December 2023
509,198
4,248
513,446
Amounts falling due within one year
Other debtors
10,850
11,250
Amounts falling due after more than one year
Amounts due from group undertakings etc.
308,590
308,121
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
32,509
44,252
Loans from directors
249
71
7
Creditors: amounts falling due after more than one year
2024
2023
Other creditors
17,702
17,702
HEBASEEM LIMITED
Notes to the Accounts
for the year ended 31 December 2024
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
100 A Ordinary Shares of £1 each
100
100
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Average number of employees
During the year the average number of employees was 5 (2023: 5).