Hemal Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 10643062

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		65,000		65,000
Tangible Assets	5		9,073		11,178

			74,073		76,178
CURRENT ASSETS
Stocks	6	84,695		83,932
Debtors	7	18,600		7,932
Cash at bank and in hand		4,789		6,302

		108,084		98,166
Creditors: Amounts Falling Due Within One Year	8	(230,192 )		(187,268 )

NET CURRENT ASSETS (LIABILITIES)			(122,108 )		(89,102 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(48,035 )		(12,924 )

Creditors: Amounts Falling Due After More Than One Year	9		(23,611 )		(29,167 )

NET LIABILITIES			(71,646 )		(42,091 )

CAPITAL AND RESERVES
Called up share capital	10		100		100
Profit and Loss Account			(71,746 )		(42,191 )

SHAREHOLDERS' FUNDS			(71,646)		(42,091)

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Hemal Limited

Balance Sheet (continued)

As At 28 February 2026

For the year ending 28 February 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Jaini Hemal Shah

Director

13/08/2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Hemal Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10643062 . The registered office is 83 Stoats Nest Road, Coulsdon, England, CR5 2JJ.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. 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 and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Intangible Fixed Assets and Amortisation - Goodwill

Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to the profit and loss account over its estimated economic life of .... years.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Leasehold	-
Plant & Machinery	25% reducing balance
Motor Vehicles	25% reducing balance
Fixtures & Fittings	25% reducing balance
Computer Equipment	33% Straight Line

2.5. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 2 (2025: 2)

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Hemal Limited

Notes to the Financial Statements (continued)

For The Year Ended 28 February 2026

4. Intangible Assets

	Goodwill
	£
Cost
As at 1 March 2025	65,000

As at 28 February 2026	65,000

Net Book Value
As at 28 February 2026	65,000

As at 1 March 2025	65,000

5. Tangible Assets

	Land & Property
	Leasehold	Plant & Machinery	Motor Vehicles	Fixtures & Fittings
	£	£	£	£
Cost
As at 1 March 2025	2,758	12,844	5,250	2,070

As at 28 February 2026	2,758	12,844	5,250	2,070

Depreciation
As at 1 March 2025	-	9,990	656	1,099
Provided during the period	-	714	1,148	243

As at 28 February 2026	-	10,704	1,804	1,342

Net Book Value
As at 28 February 2026	2,758	2,140	3,446	728

As at 1 March 2025	2,758	2,854	4,594	971


	Computer Equipment	Total
	£	£
Cost
As at 1 March 2025	1,140	24,062

As at 28 February 2026	1,140	24,062

Depreciation
As at 1 March 2025	1,139	12,884
Provided during the period	-	2,105

As at 28 February 2026	1,139	14,989

Net Book Value
As at 28 February 2026	1	9,073

As at 1 March 2025	1	11,178

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Hemal Limited

Notes to the Financial Statements (continued)

For The Year Ended 28 February 2026

6. Stocks

	2026	2025
	£	£
Materials	84,695	83,932

7. Debtors

	2026	2025
	£	£
Due within one year
Prepayments and accrued income	-	1,022
Other debtors	18,526	6,910
Other taxes and social security	74	-

	18,600	7,932

8. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Trade creditors	359	3,799
Other taxes and social security	-	565
VAT	577	57
Net wages	3,171	4,719
Other creditors	21,303	16,761
Accruals and deferred income	149	450
Director's loan account	204,633	160,917

	230,192	187,268

9. Creditors: Amounts Falling Due After More Than One Year

	2026	2025
	£	£
Bank loans	23,611	29,167

10. Share Capital

	2026	2025
	£	£
Allotted, Called up and fully paid	100	100

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