1 August 2022 false No description of principal activity Taxfiler 2023.14 SC705331business:PrivateLimitedCompanyLtd2022-08-012023-07-31 SC7053312022-07-31 SC7053312022-08-012023-07-31 SC705331business:AuditExemptWithAccountantsReport2022-08-012023-07-31 SC705331business:FilletedAccounts2022-08-012023-07-31 SC7053312023-07-31 SC705331business:Director22022-08-012023-07-31 SC705331business:RegisteredOffice2022-08-012023-07-31 SC7053312022-07-31 SC705331core:WithinOneYear2023-07-31 SC705331core:WithinOneYear2022-07-31 SC705331core:AfterOneYear2023-07-31 SC705331core:AfterOneYear2022-07-31 SC705331core:ShareCapitalcore:PreviouslyStatedAmount2023-07-31 SC705331core:ShareCapitalcore:PreviouslyStatedAmount2022-07-31 SC705331core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-07-31 SC705331core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-07-31 SC705331core:PreviouslyStatedAmount2023-07-31 SC705331core:PreviouslyStatedAmount2022-07-31 SC705331business:SmallEntities2022-08-012023-07-31 SC705331countries:Scotland2022-08-012023-07-31 SC705331core:PlantMachinery2022-08-012023-07-31 SC705331core:MotorVehicles2022-08-012023-07-31 SC705331core:FurnitureFittings2022-08-012023-07-31 SC705331core:ComputerEquipment2022-08-012023-07-31 SC705331core:PlantMachinery2022-07-31 SC705331core:MotorVehicles2022-07-31 SC705331core:FurnitureFittings2022-07-31 SC705331core:ComputerEquipment2022-07-31 SC705331core:PlantMachinery2023-07-31 SC705331core:MotorVehicles2023-07-31 SC705331core:FurnitureFittings2023-07-31 SC705331core:ComputerEquipment2023-07-31 SC7053312021-07-292022-07-31 iso4217:GBP xbrli:pure
Company Registration No. SC705331 (Scotland)
HALA HOLDINGS LIMITED Unaudited accounts for the year ended 31 July 2023
HALA HOLDINGS LIMITED Unaudited accounts Contents
Page
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HALA HOLDINGS LIMITED Company Information for the year ended 31 July 2023
Director
Samir Almafalani
Company Number
SC705331 (Scotland)
Registered Office
C/O AVID ACCOUNTANTS, 21 BLYTHSWOOD SQUARE GLASGOW G2 4BL SCOTLAND
Accountants
Avid Accountants Ltd 21 Blythswood Square Glasgow G2 4BL
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HALA HOLDINGS LIMITED Statement of financial position as at 31 July 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
42,564 
15,554 
Current assets
Inventories
127,209 
- 
Debtors
10,000 
10,000 
Cash at bank and in hand
409 
1,260 
137,618 
11,260 
Creditors: amounts falling due within one year
(6,174)
(600)
Net current assets
131,444 
10,660 
Total assets less current liabilities
174,008 
26,214 
Creditors: amounts falling due after more than one year
(222,174)
(84,374)
Net liabilities
(48,166)
(58,160)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(48,266)
(58,260)
Shareholders' funds
(48,166)
(58,160)
For the year ending 31 July 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 5 March 2024 and were signed on its behalf by
Samir Almafalani Director Company Registration No. SC705331
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HALA HOLDINGS LIMITED Notes to the Accounts for the year ended 31 July 2023
1
Statutory information
HALA HOLDINGS LIMITED is a private company, limited by shares, registered in Scotland, registration number SC705331. The registered office is C/O AVID ACCOUNTANTS, 21, BLYTHSWOOD SQUARE, GLASGOW, G2 4BL, SCOTLAND.
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
These financial statements for the year ended 31 July 2023 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 29 July 2021. 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.
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:
Plant & machinery
20%
Motor vehicles
20%
Fixtures & fittings
20%
Computer equipment
20%
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 August 2022
- 
6,478 
9,481 
- 
15,959 
Additions
14,238 
15,085 
7,824 
606 
37,753 
At 31 July 2023
14,238 
21,563 
17,305 
606 
53,712 
Depreciation
At 1 August 2022
- 
135 
270 
- 
405 
Charge for the year
2,848 
4,313 
3,461 
121 
10,743 
At 31 July 2023
2,848 
4,448 
3,731 
121 
11,148 
Net book value
At 31 July 2023
11,390 
17,115 
13,574 
485 
42,564 
At 31 July 2022
- 
6,343 
9,211 
- 
15,554 
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HALA HOLDINGS LIMITED Notes to the Accounts for the year ended 31 July 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Other debtors
10,000 
10,000 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
3,023 
- 
Other creditors
1,801 
- 
Accruals
1,350 
600 
6,174 
600 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Loans from directors
222,174 
84,374 
8
Average number of employees
During the year the average number of employees was 2 (2022: 0).
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