Hadsen Trading Limited
Hadsen Trading Limited
Registered number: 06754112
Unaudited Financial Statements
For The Year Ended
30 November 2022
More Group (Accounting) Limited
Hadsen Trading Limited
Unaudited Financial Statements
For The Year Ended
30 November 2022
Unaudited Financial Statements
Contents | |
Page | |
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Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 3—4 |
Page 1
Hadsen Trading Limited
Company Information
For The Year Ended
30 November 2022
Company Information
Director |
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Company Number |
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Registered Office | 65 Compton Street |
Clerkenwell | |
London | |
EC1V 0BN | |
Accountants |
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London | |
EC1V 0BN | |
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Hadsen Trading Limited
Balance Sheet
As At
30 November 2022
Balance Sheet
Registered number:
06754112
For the year ending 30 November 2022 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 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.
2022 | 2021 | ||||
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Notes | £ | £ | £ | £ | |
FIXED ASSETS | |||||
Investments | 3 |
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CURRENT ASSETS | |||||
Debtors | 4 |
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Cash at bank and in hand |
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Creditors: Amounts Falling Due Within One Year | 5 |
( |
( |
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NET CURRENT ASSETS (LIABILITIES) |
( |
( |
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TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
( |
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NET LIABILITIES |
( |
( |
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CAPITAL AND RESERVES | |||||
Called up share capital | 6 |
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Profit and Loss Account |
( |
( |
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SHAREHOLDERS' FUNDS | (4,818,793) | (4,392,247) | |||
The financial statements were approved by the board of directors on 29 November 2023 and were signed on its behalf by:
Director
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The notes on pages 3 to 4 form part of these financial statements.
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Page 3
Hadsen Trading Limited
Notes to the Financial Statements
For The Year Ended
30 November 2022
Notes to the Financial Statements
1.
Accounting Policies
1.1.
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.
1.2.
Going Concern Disclosure
These accounts have been prepared on the going concern basis, on the understanding that the director will continue to financially support the company during this uncertain period.
1.3.
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 rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
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.
1.4.
Foreign Currencies
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 rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
2.
Average Number of Employees
Average number of employees, including directors, during the year was as follows: 1 (2021: 1)
3.
Investments
Unlisted | |
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£ | |
Cost | |
As at
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Revaluations |
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As at
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Provision | |
As at
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As at
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Net Book Value | |
As at
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As at
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4.
Debtors
2022 | 2021 | ||
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£ | £ | ||
Due within one year | |||
Trade debtors |
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Other debtors |
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VAT |
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Hadsen Trading Limited
Notes to the Financial Statements (continued)
For The Year Ended
30 November 2022
5.
Creditors: Amounts Falling Due Within One Year
2022 | 2021 | ||
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£ | £ | ||
Trade creditors |
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Other creditors |
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Director's loan account |
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6.
Share Capital
2022 | 2021 | ||
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£ | £ | ||
Allotted, Called up and fully paid |
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Value | Number | 2022 | 2021 | ||
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Allotted, called up and fully paid | £ | £ | £ | ||
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1 | 1 | |
7.
Ultimate Controlling Party
The company's ultimate controlling party is Mr Maksims Ivanovs by virtue of his ownership of the issued share capital in the company.
8.
General Information
Hadsen Trading Limited
is a private company, limited by shares, incorporated in England & Wales, registered number
06754112
. The registered office is 65 Compton Street, Clerkenwell, London, EC1V 0BN.
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