Accounts



















	H K TRADING LTD



	UNAUDITED FINANCIAL STATEMENTS



	FOR THE YEAR ENDED 31 MARCH 2025

	H K TRADING LTD
	FINANCIAL STATEMENTS
	FOR THE YEAR ENDED 31 MARCH 2025


	DIRECTOR

	H S Sandher
	K J Sandher


	SECRETARY

	K J Sandher

	REGISTERED OFFICE

	Unique House 318 High Street North Dunstable Bedfordshire LU6 1BE


	COMPANY REGISTERED NUMBER

	03034164


	BANKERS

	Natwest PLC

	page 1

	H K TRADING LTD
	FINANCIAL STATEMENTS
	FOR THE YEAR ENDED 31 MARCH 2025



	CONTENTS

	Pages


	3	Statement of Financial Position


	4-6	Notes to the Financial Statements

	page 2

H K TRADING LTD
Company registered number: 03034164
STATEMENT OF FINANCIAL POSITION AT 31 March 2025

	Note	2025		2024
		£	£	£
CURRENT ASSETS
Inventories		498,950		621,664
Debtors	4	450,501		451,201
Cash at bank and in hand		488		284
		949,939		1,073,149
CREDITORS: Amounts falling due within one year	5	863,458		863,458
NET CURRENT ASSETS			86,481	209,691
NET ASSETS			£86,481	£209,691

CAPITAL AND RESERVES
Called up share capital			20,000	20,000
Retained earnings			66,481	189,691
SHAREHOLDERS' FUNDS			£86,481	£209,691



	In approving these financial statements as director of the company I hereby confirm the following:

	For the year in question 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 of its financial statements for the year ended 31 March 2025 in accordance with section 476 of the Companies Act 2006.

	The directors acknowledge their responsibilities for: 1) ensuring that the company keeps accounting records which comply with Sections 386 and 386 of the Companies Act 2006, and 2) preparing financial statements that give a true and fair view of the state of affairs of the company at at the end of each financial year and of its profit or loss for the financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to the financial statements, so far as they are applicable to the company.


	These financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies

	In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

	The financial statements were approved and authorised for issue by the board of directors on 03 December 2025

	Signed on behalf of the board of directors



	H S Sandher, Director

	The notes on pages 4-6 form part of these financial statements

	page 3



1.	SIGNIFICANT ACCOUNTING POLICIES


1a.	Statement of compliance

	H K Trading Ltd is a Private Limited Company incorporated in England and Wales.

	The company's registered number and registered office address can be found on the Company Information page.

1b.	Basis of accounting

	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 cost convention. The presentation currency is £ sterling.


1c.	Revenue recognition

	Income is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them.


1d.	Borrowing costs

	Borrowing costs directly attributable to the acquisition, construction or production of qualifying assets, which are assets that necessarily take a substantial period of time to get ready for their intended use or sale, are added to the cost of those assets, until such time as the assets are substantially ready for their intended use or sale. Investment income earned on the temporary investment of specific borrowings pending their expenditure on qualifying assets is deducted from the borrowing costs eligible for capitalisation. All other borrowing costs are recognised in profit or loss in the period in which they are incurred.


1e.	Property, plant and equipment

	Depreciation is provided, after taking account of any grants receivable, at the following annual rates in order to write off each asset over its estimated useful life.

	Plant and machinery	Reducing balance 25%
	Vehicles	Reducing balance 20%
	Fixtures and fittings	Reducing balance 15%
	Equipment	Reducing balance 25%


1f.	Inventories

	Stocks are stated at the lower of cost and net realisable value. Cost includes all costs incurred in bringing each product to its present location and condition.


1g.	Short term debtors and creditors

	Debtors and creditors receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in profit and loss.

	The notes on pages 4-6 form part of these financial statements

	page 4



1.	SIGNIFICANT ACCOUNTING POLICIES (CONT.)


1h.	Cash and cash equivalents

	Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. In the statement of financial position, bank overdrafts are shown within borrowings or current liabilities. For the purpose of statement of cash flows, bank overdrafts which are repayable on demand form an integral part of the Company's cash management are included as a component of cash and cash equivalents.


1i.	Foreign currencies

	Transactions in foreign currencies are initially recorded in the entity’s functional currency by applying the spot exchange rate ruling at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated at the rate of exchange ruling at the balance sheet date. All differences are taken to the profit and loss account.



2.	DIRECTORS AND EMPLOYEES

	The average weekly number of employees during the year were as follows:
		2025	2024

	Management and administration	1	1
	Production and sales	2	2
		3	3


3.	PROPERTY, PLANT AND EQUIPMENT

		Total
		£
	Cost


	At 31 March 2025	-

	Depreciation

	At 31 March 2025	-

	Net Book Amounts

	At 31 March 2025	-

	The notes on pages 4-6 form part of these financial statements

	page 5



5.	CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
		2025	2024
		£	£
	Other creditors	863,458	863,458
		£863,458	£863,458



6.	ULTIMATE PARENT COMPANY

	The ultimate parent company is Turgelstar Enterprises Limited, a company incorporated in England and Wales which owns 100% of the issued share capital.



7.	RELATED PARTIES

	Mr H S Sandher is a director of Party & Paper Solutions Limited, which is also a 50% owned subsidiary of Turgelstar Enterprises Limited. During the year ended 31 March 2025, the company received management charges of £0 (2024: £18,000) from Party & Paper Solutions Limited. At 31 March 2025, the company was owed £80,034 (2024: £80,734) from Party & Paper Solutions Limited. Mr H S Sandher is also a director of Turgelstar Enterprises Limited, the ultimate parent company. During the year ended 31 March 2025, the company paid rent totalling £0 (2024: £0) to Turgelstar Enterprises Limited. The company also received management charges of £0 (2024: £6,000) from Turgelstar Enterprises Limited. At 31 March 2025, the company owed to Turgelstar Enterprises Limited £861,334 (2024: £861,334) by the way of an intercompany loan.

8.	ULTIMATE CONTROLLING PARTY

	Mr H S Sandher and Mrs K J Sandher are the joint ultimate controlling parties due to their shareholdings in Turglestar Enterprises Limited, the parent company.

	The notes on pages 4-6 form part of these financial statements

	page 6