Company Registration No. 11294651 (England and Wales)
H.G.O.C. LTD
Unaudited accounts
for the year ended 30 April 2020
H.G.O.C. LTD
Unaudited accounts
Contents
H.G.O.C. LTD
Company Information
for the year ended 30 April 2020
Director
Mohammed Hussain
Company Number
11294651 (England and Wales)
Registered Office
190A HARBORNE LANE
SELLY OAK
BIRMINGHAM
B29 6TQ
ENGLAND
H.G.O.C. LTD
Statement of financial position
as at
30 April 2020
Tangible assets
1,800,000
1,044,088
Creditors: amounts falling due within one year
(633,838)
(573,786)
Net current liabilities
(633,838)
(573,786)
Total assets less current liabilities
1,166,162
470,302
Creditors: amounts falling due after more than one year
(516,000)
(516,000)
Net assets/(liabilities)
650,162
(45,698)
Called up share capital
1
1
Revaluation reserve
741,467
-
Profit and loss account
(91,306)
(45,699)
Shareholders' funds
650,162
(45,698)
For the year ending 30 April 2020 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 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 5 April 2021 and were signed on its behalf by
Mohammed Hussain
Director
Company Registration No. 11294651
H.G.O.C. LTD
Notes to the Accounts
for the year ended 30 April 2020
H.G.O.C. LTD is a private company, limited by shares, registered in England and Wales, registration number 11294651. The registered office is 190A HARBORNE LANE, SELLY OAK, BIRMINGHAM, B29 6TQ, 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.
These financial statements for the year ended 30 April 2020 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 5 April 2018.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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.
4
Tangible fixed assets
Land & buildings
Cost or valuation
At valuation
At 30 April 2020
1,800,000
At 30 April 2020
1,800,000
At 30 April 2019
1,044,088
5
Creditors: amounts falling due within one year
2020
2019
Loans from directors
632,998
573,366
H.G.O.C. LTD
Notes to the Accounts
for the year ended 30 April 2020
6
Creditors: amounts falling due after more than one year
2020
2019
Bank loans
516,000
516,000
7
Average number of employees
During the year the average number of employees was 0 (2019: 0).