1 February 2022 false No description of principal activity Taxfiler 2023.9 9371738business:PrivateLimitedCompanyLtd2022-02-012023-01-31 93717382022-01-31 93717382022-02-012023-01-31 9371738business:AuditExemptWithAccountantsReport2022-02-012023-01-31 9371738business:FilletedAccounts2022-02-012023-01-31 93717382023-01-31 9371738business:Director12022-02-012023-01-31 9371738business:RegisteredOffice2022-02-012023-01-31 93717382022-01-31 9371738core:WithinOneYear2023-01-31 9371738core:WithinOneYear2022-01-31 9371738core:AfterOneYear2023-01-31 9371738core:AfterOneYear2022-01-31 9371738core:ShareCapitalcore:PreviouslyStatedAmount2023-01-31 9371738core:ShareCapitalcore:PreviouslyStatedAmount2022-01-31 9371738core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-01-31 9371738core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-01-31 9371738core:PreviouslyStatedAmount2023-01-31 9371738core:PreviouslyStatedAmount2022-01-31 9371738business:SmallEntities2022-02-012023-01-31 9371738countries:EnglandWales2022-02-012023-01-31 9371738core:LandBuildings2022-02-012023-01-31 9371738core:PlantMachinery2022-02-012023-01-31 9371738core:MotorVehicles2022-02-012023-01-31 9371738core:FurnitureFittings2022-02-012023-01-31 9371738core:ComputerEquipment2022-02-012023-01-31 9371738core:LandBuildings2022-01-31 9371738core:PlantMachinery2022-01-31 9371738core:MotorVehicles2022-01-31 9371738core:FurnitureFittings2022-01-31 9371738core:ComputerEquipment2022-01-31 9371738core:LandBuildings2023-01-31 9371738core:PlantMachinery2023-01-31 9371738core:MotorVehicles2023-01-31 9371738core:FurnitureFittings2023-01-31 9371738core:ComputerEquipment2023-01-31 93717382021-02-012022-01-31 iso4217:GBP xbrli:pure
Company Registration No. 9371738 (England and Wales)
Haz Motorsport Limited Unaudited accounts for the year ended 31 January 2023
Haz Motorsport Limited Unaudited accounts Contents
Page
- 2 -
Haz Motorsport Limited Company Information for the year ended 31 January 2023
Director
Hasnain Khadim
Company Number
9371738 (England and Wales)
Registered Office
3E ANCHOR BRIDGE WAY DEWSBURY WF12 9QS ENGLAND
- 3 -
Haz Motorsport Limited Statement of financial position as at 31 January 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
20,340 
26,175 
Current assets
Inventories
81,407 
88,871 
Debtors
16,681 
4,430 
Cash at bank and in hand
34,541 
6,236 
132,629 
99,537 
Creditors: amounts falling due within one year
(11,493)
(562)
Net current assets
121,136 
98,975 
Total assets less current liabilities
141,476 
125,150 
Creditors: amounts falling due after more than one year
(85,469)
(89,472)
Provisions for liabilities
Other provisions
- 
(9,073)
Net assets
56,007 
26,605 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
56,006 
26,604 
Shareholders' funds
56,007 
26,605 
For the year ending 31 January 2023 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 31 January 2023 and were signed on its behalf by
Hasnain Khadim Director Company Registration No. 9371738
- 4 -
Haz Motorsport Limited Notes to the Accounts for the year ended 31 January 2023
1
Statutory information
Haz Motorsport Limited is a private company, limited by shares, registered in England and Wales, registration number 9371738. The registered office is 3E ANCHOR BRIDGE WAY, DEWSBURY, WF12 9QS, 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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
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:
Land & buildings
20%
Plant & machinery
33%
Motor vehicles
33%
Fixtures & fittings
33%
Computer equipment
33%
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At cost 
At 1 February 2022
4,485 
45,265 
56,250 
3,458 
12,194 
121,652 
Additions
- 
2,700 
- 
750 
2,190 
5,640 
At 31 January 2023
4,485 
47,965 
56,250 
4,208 
14,384 
127,292 
Depreciation
At 1 February 2022
2,691 
22,183 
56,250 
3,331 
11,022 
95,477 
Charge for the year
897 
9,413 
- 
148 
1,017 
11,475 
At 31 January 2023
3,588 
31,596 
56,250 
3,479 
12,039 
106,952 
Net book value
At 31 January 2023
897 
16,369 
- 
729 
2,345 
20,340 
At 31 January 2022
1,794 
23,082 
- 
127 
1,172 
26,175 
- 5 -
Haz Motorsport Limited Notes to the Accounts for the year ended 31 January 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
13,995 
4,430 
Accrued income and prepayments
2,693 
- 
Other debtors
(7)
- 
16,681 
4,430 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
2,737 
3,061 
Trade creditors
1,539 
(3,482)
Taxes and social security
1,349 
436 
Other creditors
138 
547 
Accruals
5,730 
- 
11,493 
562 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
60,970 
43,762 
Loans from directors
24,499 
45,710 
85,469 
89,472 
8
Average number of employees
During the year the average number of employees was 4 (2022: 0).
- 6 -