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Registered number: 12326181
Hoian Limited
Unaudited Financial Statements
For The Year Ended 30 November 2025
Whitehead & Company
Chartered Accountants
Penfold
Cannington Lane
Uplyme
Dorset
DT7 3SW
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 12326181
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 508,260 358,946
508,260 358,946
CURRENT ASSETS
Cash at bank and in hand 1,811 78,848
1,811 78,848
Creditors: Amounts Falling Due Within One Year 5 (35,197 ) (7,512 )
NET CURRENT ASSETS (LIABILITIES) (33,386 ) 71,336
TOTAL ASSETS LESS CURRENT LIABILITIES 474,874 430,282
Creditors: Amounts Falling Due After More Than One Year 6 (434,198 ) (374,401 )
NET ASSETS 40,676 55,881
CAPITAL AND RESERVES
Called up share capital 8 100 100
Revaluation reserve 9 100,000 100,000
Profit and Loss Account (59,424 ) (44,219 )
SHAREHOLDERS' FUNDS 40,676 55,881
Page 1
Page 2
For the year ending 30 November 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 his 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
Mr Johnny Nung Vu
Director
25/08/2026
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Hoian Limited is a private company, limited by shares, incorporated in England & Wales, registered number 12326181 . The registered office is 205 Newmarket Road, Norwich, NR4 6AP.
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. 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:
Freehold 0%
Plant & Machinery 25% reducing balance
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2024: 1)
1 1
4. Tangible Assets
Land & Property
Freehold Plant & Machinery Total
£ £ £
Cost or Valuation
As at 1 December 2024 355,426 11,926 367,352
Additions 151,550 - 151,550
As at 30 November 2025 506,976 11,926 518,902
Depreciation
As at 1 December 2024 5,426 2,980 8,406
Provided during the period - 2,236 2,236
As at 30 November 2025 5,426 5,216 10,642
...CONTINUED
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Page 4
Net Book Value
As at 30 November 2025 501,550 6,710 508,260
As at 1 December 2024 350,000 8,946 358,946
Cost or valuation as at 30 November 2025 represented by:
Land & Property
Freehold Plant & Machinery Total
£ £ £
At cost 506,976 11,926 518,902
506,976 11,926 518,902
The freehold property was revalued by Russen & Hill, Estate Agents, at £350,000 on 30 November 2022.
If the following tangible fixed assets had been accounted for under historical cost accounting rules, the amounts would be:
Land & Property
Freehold
£
Cost 255,426
Accumulated depreciation and impairment 5,426
Carrying amount 250,000
5. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Bank loans and overdrafts 23,520 -
Accruals and deferred income 7,512 7,512
Director's loan account 4,165 -
35,197 7,512
6. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 135,847 157,305
Other loans 104,754 -
Other creditors 34,530 34,530
Other creditors (1) 159,067 182,566
434,198 374,401
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Page 5
7. Secured Creditors
Of the creditors the following amounts are secured.
Hampshire Trust Bank £153,452 secured against freehold property 152 Dereham Road, Norwich;
Aldermore £110,250 secured against freehold property 17 Roseville Close, Norwich.
8. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
9. Reserves
Revaluation reserve Profit and Loss Account
£ £
As at 1 December 2024 100,000 (44,219 )
Loss for the year and total comprehensive income - (15,205 )
As at 30 November 2025 100,000 (59,424 )
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