Company Registration No. 09383801 (England and Wales)
Hasan Sweets and baker limited
Unaudited accounts
for the year ended 31 January 2019
Hasan Sweets and baker limited
Unaudited accounts
Contents
Hasan Sweets and baker limited
Company Information
for the year ended 31 January 2019
Directors
Mr N Ahmed
Mr M Imtiaz
Company Number
09383801 (England and Wales)
Registered Office
52 ABEL STREET
BURNLEY
LANCASHIRE
BB10 1QU
Accountants
Arif khan International Accountants Ltd
96a Heaton Road
Manningham
Bradford
W Yorkshire
BD9 4RJ
Hasan Sweets and baker limited
Statement of financial position
as at
31 January 2019
Tangible assets
13,032
16,568
Cash at bank and in hand
19,416
78,783
Creditors: amounts falling due within one year
(34,668)
(11,818)
Net current assets
92,063
73,474
Total assets less current liabilities
105,095
90,042
Creditors: amounts falling due after more than one year
(39,344)
(36,723)
Provisions for liabilities
Deferred tax
(2,345)
(2,949)
Called up share capital
100
100
Profit and loss account
63,306
50,270
Shareholders' funds
63,406
50,370
For the year ending 31 January 2019 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 directors acknowledge their 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.
Approved by the Board on 15 August 2019.
Mr M Imtiaz
Director
Company Registration No. 09383801
Hasan Sweets and baker limited
Notes to the Accounts
for the year ended 31 January 2019
Hasan Sweets and baker limited is a private company, limited by shares, registered in England and Wales, registration number 09383801. The registered office is 52 ABEL STREET, BURNLEY, LANCASHIRE, BB10 1QU.
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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% Reducing balance basis.
Motor vehicles
100% Reducing balance basis.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
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.
Hasan Sweets and baker limited
Notes to the Accounts
for the year ended 31 January 2019
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 February 2018
34,172
2,000
36,172
At 31 January 2019
35,907
2,000
37,907
At 1 February 2018
18,532
1,072
19,604
Charge for the year
4,343
928
5,271
At 31 January 2019
22,875
2,000
24,875
At 31 January 2019
13,032
-
13,032
At 31 January 2018
15,640
928
16,568
Other debtors
100,929
1,492
7
Creditors: amounts falling due within one year
2019
2018
Trade creditors
29,564
7,033
Taxes and social security
4,920
4,785
8
Creditors: amounts falling due after more than one year
2019
2018
Other creditors
39,344
36,723
9
Average number of employees
During the year the average number of employees was 5 (2018: 5).