Hanur International Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 07391963 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2021

for

Hanur International Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Mr Hasan Avcibasioglu

REGISTERED OFFICE:

Unit 4 Trident Industrial Estate

Blackthorne Road

Colnbrook

Berkshire

SL3 0AX

REGISTERED NUMBER:

07391963 (England and Wales)

ACCOUNTANTS:

ADPL LLP

293 Green Lanes

London

N13 4XS

CURRENT ASSETS

Debtors

4

556,899

584,913

Prepayments and accrued income

1

-

Cash at bank and in hand

5,016

91,716

561,916

676,629

CREDITORS

Amounts falling due within one year

5

356,600

598,680

NET CURRENT ASSETS

205,316

77,949

TOTAL ASSETS LESS CURRENT LIABILITIES

205,316

77,949

CREDITORS

Amounts falling due after more than one year

6

-

(44,311

)

NET ASSETS

205,316

122,260

CAPITAL AND RESERVES

Called up share capital

50,000

50,000

Retained earnings

155,316

72,260

205,316

122,260

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2021 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 28 September 2022 and were signed by:

Mr Hasan Avcibasioglu - Director

1.	STATUTORY INFORMATION

Hanur International Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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

In carrying out this assessment, the directors have considered the impact of the Covid-19 pandemic on the trade and finances of the company and wider group and they have taken steps to protect liquidity.

The directors are therefore satisfied that there is no significant risk to the ability of the company to continue as a going concern for at least 12 months from the date of approval of these financial statements.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Government grants

Government grant received during the year has been accounted according to the policy per FRS 102.

The performance model required that:

(a) A grant that does not impose specified future performance-related conditions on the recipient is recognised in income when the grant proceeds are received or receivable.

(b) A grant that imposes specified future performance-related conditions on the recipient is recognised in income only when the performance-related conditions are met.

The accrual method requires that:

(a) An entity classifies a grant either as a grant relating to revenue or a grant relating to assets.

(b) Grants relating to revenue are recognised in income on a systematic basis over the periods in which the entity recognises the related costs for which the grant is intended to compensate (Note: A grant that becomes receivable as compensation for expenses or losses already incurred or for the purpose of giving immediate financial support to the entity with no future related costs shall be recognised in income in the period in which it becomes receivable.)

(c) Grants relating to assets are recognised in income on a systematic basis over the expected useful life of the asset.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2020 - 1 ) .

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.21

31.12.20

£

£

Trade debtors

287,342

440,800

Other debtors

269,557

144,113

556,899

584,913

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.21

31.12.20

£

£

Bank loans and overdrafts

36,825

7,943

Trade creditors

300,293

429,598

Taxation and social security

19,482

9,762

Other creditors

-

151,377

356,600

598,680

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.21

31.12.20

£

£

Other creditors

-

(44,311

)

7.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2021 and 31 December 2020:

31.12.21

31.12.20

£

£

Mr Hasan Avcibasioglu

Balance outstanding at start of year

144,114

119,983

Amounts advanced

-

24,131

Amounts repaid

(3,713

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

140,401

144,114

The director will repay the loan by 30/09/2021.