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REGISTERED NUMBER: 03639027















Unaudited Financial Statements for the Year Ended 30 September 2023

for

Haystack Capital Limited

Haystack Capital Limited (Registered number: 03639027)






Contents of the Financial Statements
for the Year Ended 30 September 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Haystack Capital Limited

Company Information
for the Year Ended 30 September 2023







DIRECTORS: M T Getliffe
Mrs J H Getliffe





SECRETARY: Mrs J H Getliffe





REGISTERED OFFICE: 25 Netherwood Road
Manchester
M22 4BW





REGISTERED NUMBER: 03639027





ACCOUNTANTS: Woodhouse
25 Netherwood Road
Manchester
M22 4BW

Haystack Capital Limited (Registered number: 03639027)

Balance Sheet
30 September 2023

30.9.23 30.9.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 450,000 585,000
Investments 5 630,000 250,000
1,080,000 835,000

CURRENT ASSETS
Debtors 6 535,288 242,576
Cash at bank 253,724 977,992
789,012 1,220,568
CREDITORS
Amounts falling due within one year 7 190,124 180,662
NET CURRENT ASSETS 598,888 1,039,906
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,678,888

1,874,906

CREDITORS
Amounts falling due after more than one
year

8

(1,187,037

)

(1,407,037

)

PROVISIONS FOR LIABILITIES (14,311 ) (14,311 )
NET ASSETS 477,540 453,558

CAPITAL AND RESERVES
Called up share capital 200,000 200,000
Revaluation reserve 9 54,727 75,323
Retained earnings 222,813 178,235
SHAREHOLDERS' FUNDS 477,540 453,558

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

Haystack Capital Limited (Registered number: 03639027)

Balance Sheet - continued
30 September 2023


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 Board of Directors and authorised for issue on 1 November 2023 and were signed on its behalf by:





M T Getliffe - Director


Haystack Capital Limited (Registered number: 03639027)

Notes to the Financial Statements
for the Year Ended 30 September 2023

1. STATUTORY INFORMATION

Haystack Capital Limited is a private company, limited by shares , registered in Not specified/Other. 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 as modified by the revaluation of certain assets.

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

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

Haystack Capital Limited (Registered number: 03639027)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2023

4. TANGIBLE FIXED ASSETS
Land and
buildings
£   
COST OR VALUATION
At 1 October 2022 585,000
Disposals (135,000 )
At 30 September 2023 450,000
NET BOOK VALUE
At 30 September 2023 450,000
At 30 September 2022 585,000

Cost or valuation at 30 September 2023 is represented by:

Land and
buildings
£   
Valuation in 2018 510,000
Valuation in 2019 (110,000 )
Valuation in 2020 185,000
585,000

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 October 2022 250,000
Additions 380,000
At 30 September 2023 630,000
NET BOOK VALUE
At 30 September 2023 630,000
At 30 September 2022 250,000

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.23 30.9.22
£    £   
Trade debtors 535,288 242,576

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.23 30.9.22
£    £   
Trade creditors 1,313 1,312
Taxation and social security 8,436 1,746
Other creditors 180,375 177,604
190,124 180,662

Haystack Capital Limited (Registered number: 03639027)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2023

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.9.23 30.9.22
£    £   
Other creditors 1,187,037 1,407,037

9. RESERVES
Revaluation
reserve
£   
At 1 October 2022 75,323
No description (20,596 )

At 30 September 2023 54,727