H Expectation Limited - Filleted accounts

Registered number

12790901

H Expectation Limited

Filleted Accounts

31 August 2025

H Expectation Limited
Registered number:		12790901
Balance Sheet
as at 31 August 2025

Notes			2025			2024
£				£
Current assets
Stocks		5,250			6,500
Debtors	3	33,087			12,677
Cash at bank and in hand		133,160			180,709
		171,497			199,886

Creditors: amounts falling due within one year	4	(93,464)			(126,896)

Net current assets			78,033			72,990

Net assets			78,033			72,990

Capital and reserves
Called up share capital			1			1
Profit and loss account			78,032			72,989

Shareholder's funds			78,033			72,990

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Mr Lawrence Ma
Director
Approved by the board on 28 May 2026

H Expectation Limited
Notes to the Accounts
for the year ended 31 August 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer.

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.


2	Employees	2025		2024
Number			Number

	Average number of persons employed by the company	8		8


3	Debtors	2025		2024
£			£

	Other debtors	33,087		12,677


4	Creditors: amounts falling due within one year	2025		2024
£			£

	Taxation and social security costs	28,539		26,971
	Other creditors	64,925		99,925
		93,464		126,896


5	Other information

	H Expectation Limited is a private company limited by shares and incorporated in England. Its registered office is:
	37 Old Compton Street
	London
	England
	W1D 5JY

6	Ultimate controlling party

	The company is controlled by the sole director.