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Company Registration No. 14671098 (England and Wales)
Hk Organic Products Ltd Unaudited accounts for the period from 1 March 2024 to 27 February 2025
Hk Organic Products Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Hk Organic Products Ltd Company Information for the period from 1 March 2024 to 27 February 2025
Director
Ms Hawo Mumin Ahmed
Company Number
14671098 (England and Wales)
Registered Office
Southgate Office Village, Block E 286-A Chase Road Southgate London N14 6HF England
Accountants
Stoke Newington Accountants & Tax Consultants Ltd Southgate Office Village, Block E 286-A Chase Road Southgate London N14 6HF
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Hk Organic Products Ltd Statement of financial position as at 27 February 2025
2025
2024
Notes
£
£
Current assets
Debtors
4
4,210
-
Cash at bank and in hand
5,168
860
9,378
860
Creditors: amounts falling due within one year
5
(9,373)
(142)
Net current assets
5
718
Net assets
5
718
Capital and reserves
Called up share capital
4
100
Profit and loss account
1
618
Shareholders' funds
5
718
For the period ending 27 February 2025 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 her 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 18 March 2026 and were signed on its behalf by
Ms Hawo Mumin Ahmed Director Company Registration No. 14671098
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Hk Organic Products Ltd Notes to the Accounts for the period from 1 March 2024 to 27 February 2025
1
Statutory information
Hk Organic Products Ltd is a private company, limited by shares, registered in England and Wales, registration number 14671098. The registered office is Southgate Office Village, Block E, 286-A Chase Road, Southgate, London, N14 6HF, England.
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.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous period, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Research and development
Expenditure on research and development is written off in the year in which it is incurred.
Foreign exchange
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Leased assets
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.
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Hk Organic Products Ltd Notes to the Accounts for the period from 1 March 2024 to 27 February 2025
Investments
Investments in shares are included at fair value.
Pension costs
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.
4
Debtors
2025
2024
£
£
Amounts falling due within one year
Other debtors
4,210
-
5
Creditors: amounts falling due within one year
2025
2024
£
£
Taxes and social security
6,881
142
Loans from directors
2,012
-
Accruals
480
-
9,373
142
6
Average number of employees
During the period the average number of employees was 0 (2024: 0).
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