HONG KONG BUS ASSOCIATION CIC

Company limited by guarantee

Company Registration Number:
12423799 (England and Wales)

Unaudited statutory accounts for the year ended 31 January 2025

Period of accounts

Start date: 1 February 2024

End date: 31 January 2025

HONG KONG BUS ASSOCIATION CIC

Contents of the Financial Statements

for the Period Ended 31 January 2025

Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

HONG KONG BUS ASSOCIATION CIC

Balance sheet

As at 31 January 2025

Notes 2025 2024


£

£
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 57,573 35,772
Investments:   0 0
Total fixed assets: 57,573 35,772
Current assets
Stocks:   0 0
Debtors: 4 11,700 6,782
Cash at bank and in hand: 16,898 3,509
Investments:   0 0
Total current assets: 28,598 10,291
Prepayments and accrued income: 80 80
Creditors: amounts falling due within one year:   0 0
Net current assets (liabilities): 28,678 10,371
Total assets less current liabilities: 86,251 46,143
Creditors: amounts falling due after more than one year: 5 ( 57,283 ) ( 39,218 )
Provision for liabilities: 0 0
Accruals and deferred income: 0 0
Total net assets (liabilities): 28,968 6,925
Members' funds
Profit and loss account: 28,968 6,925
Total members' funds: 28,968 6,925

The notes form part of these financial statements

HONG KONG BUS ASSOCIATION CIC

Balance sheet statements

For the year ending 31 January 2025 the company was entitled to exemption 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 directors acknowledge their 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.

The directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 16 October 2025
and signed on behalf of the board by:

Name: KA CHUN LI
Status: Director

The notes form part of these financial statements

HONG KONG BUS ASSOCIATION CIC

Notes to the Financial Statements

for the Period Ended 31 January 2025

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

HONG KONG BUS ASSOCIATION CIC

Notes to the Financial Statements

for the Period Ended 31 January 2025

  • 2. Employees

    2025 2024
    Average number of employees during the period 0 0

HONG KONG BUS ASSOCIATION CIC

Notes to the Financial Statements

for the Period Ended 31 January 2025

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 February 2024 2,223 41,077 43,300
Additions 21,801 21,801
Disposals
Revaluations
Transfers
At 31 January 2025 2,223 62,878 65,101
Depreciation
At 1 February 2024 42 7,486 7,528
Charge for year
On disposals
Other adjustments
At 31 January 2025 42 7,486 7,528
Net book value
At 31 January 2025 2,181 55,392 57,573
At 31 January 2024 2,181 33,591 35,772

HONG KONG BUS ASSOCIATION CIC

Notes to the Financial Statements

for the Period Ended 31 January 2025

4. Debtors

2025 2024
£ £
Trade debtors 0 0
Prepayments and accrued income 0 0
Other debtors 11,700 6,782
Total 11,700 6,782
Debtors due after more than one year: 0 0

HONG KONG BUS ASSOCIATION CIC

Notes to the Financial Statements

for the Period Ended 31 January 2025

5. Creditors: amounts falling due after more than one year note

2025 2024
£ £
Bank loans and overdrafts 0 0
Amounts due under finance leases and hire purchase contracts 0 0
Other creditors 57,283 39,218
Total 57,283 39,218

COMMUNITY INTEREST ANNUAL REPORT

HONG KONG BUS ASSOCIATION CIC

Company Number: 12423799 (England and Wales)

Year Ending: 31 January 2025

Company activities and impact

THE ORGANISATION TOOK PART IN HERITAGE BUS EVENTS AND ASSISTED PUBLIC BUS SERVICES IN NORTHANTS AND SURROUNDING AREA.

Consultation with stakeholders

WE ENGAGE WITH PASSENGER REPRESENTATIVES AND FELLOW HISTORICAL BUS ORGANISATIONS.

Directors' remuneration

No remuneration was received

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
16 October 2025

And signed on behalf of the board by:
Name: KA CHUN LI
Status: Director