ACCOUNTS - Final Accounts preparation

Registered number: 12957751

HAN GROUP LIMITED

UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2025

HAN GROUP LIMITED

REGISTERED NUMBER: 12957751

STATEMENT OF FINANCIAL POSITION

AS AT 31 MARCH 2025

		2025		2024
Note		£		£

Fixed assets
Investments	4		701,522		701,522
			701,522		701,522
Current assets
Debtors: amounts falling due within one year	5	180,048		181,180
Cash at bank and in hand	6	28,988		7,061
		209,036		188,241
Creditors: amounts falling due within one year	7	(850,215)		(842,651)
Net current liabilities			(641,179)		(654,410)

Net assets			60,343		47,112

Capital and reserves
Called up share capital	8	100	100
Profit and loss account		60,243	47,012
		60,343	47,112

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HAN GROUP LIMITED

REGISTERED NUMBER: 12957751

STATEMENT OF FINANCIAL POSITION (CONTINUED)

AS AT 31 MARCH 2025

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

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 financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the Statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 3 October 2025.

A Hanouka

Director

The notes on pages 3 to 6 form part of these financial statements.

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HAN GROUP LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

1.	General information

Han Group Limited is a company limited by shares, incorporated in England and Wales. The address of the registered office is 3 Brook Business Centre, Cowley Mill Road, Uxbridge, Middlesex, United Kingdom, UB8 2FX.
The company specialises in investment activities.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

2.2

Going concern

The financial statements have been prepared on a going concern basis, despite the company reporting net current liabilities of £641,179 (2024 - £654,410). Included within creditors are loans totalling £811,906 (2024 - £809,684) from related parties who have confirmed that they will not seek repayment of the loans until such time as the company has sufficient working capital. On this basis the director considers it appropriate to prepare the financial statements on a going concern basis.

2.3

Foreign currency translation

Functional and presentation currency

The Company's functional and presentational currency is GBP.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each year end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at year end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in the Statement of comprehensive income except when deferred in other comprehensive income as qualifying cash flow hedges.
Foreign exchange gains and losses that relate to borrowings and cash and cash equivalents are presented in the Statement of comprehensive income within 'finance income or costs'. All other foreign exchange gains and losses are presented in the Statement of comprehensive income within 'other operating income'.

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HAN GROUP LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

2.Accounting policies (continued)

2.4

Interest income

Interest income is recognised in the Statement of comprehensive income using the effective interest method.

2.5

Taxation

Tax is recognised in the Statement of comprehensive income except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.
The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

2.6

Valuation of investments

Investments in unlisted Company shares, whose market value can be reliably determined, are remeasured to market value at each reporting date. Gains and losses on remeasurement are recognised in the Statement of comprehensive income for the year. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment.

2.7

Associates and joint ventures

Associates and joint ventures are held at cost less impairment.

2.8

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

2.9

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

2.10

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Employees

The average monthly number of employees, including directors, during the year was 1 (2024 - 1).

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HAN GROUP LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

4.	Fixed asset investments

	Investments in associates	Unlisted investments	Total
	£	£	£
Cost
At 1 April 2024	25	701,497	701,522
At 31 March 2025	25	701,497	701,522

Debtors

					2025	2024
					£	£


Amounts owed by related undertakings	70,000	70,000
Other debtors	110,048	111,180
	180,048	181,180

6.	Cash and cash equivalents
		2025	2024
		£	£

Cash at bank and in hand	28,988	7,061
	28,988	7,061

7.	Creditors: Amounts falling due within one year
		2025	2024
		£	£

Trade creditors	2,238	-
Amounts owed to related undertakings	811,906	809,684
Corporation tax	36,071	32,967
	850,215	842,651

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HAN GROUP LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

8.	Share capital
		2025	2024
		£	£

Allotted, called up and fully paid

100 Ordinary shares of £1 each	100	100

9.	Transactions with directors

Included within other debtors is an amount of £81,993 (2024 - £83,125) due from the director. The loan is interest free and repayable on demand.

10.

Related party transactions

Included within amounts owed to related undertakings is an amount owed to Gama Healthcare Corporation Limited of £797,891 (2024 - £797,891), a company with a common director.

Included within amounts owed to related undertakings is an amount owed to Gama Healthcare Ltd of £14,015 (2024 - £11,793), a company with a common director.

Included within amounts owed by related undertakings is an amount owed by Han Property Limited of £70,000 (2024 - £70,000), a company with a common director.

11.	Controlling party

The ultimate controlling party of the company is the director by virtue of his 100% shareholding.

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