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REGISTERED NUMBER: 00707866 (England and Wales)












FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2022

FOR

HARUNI BROTHERS LIMITED

HARUNI BROTHERS LIMITED (REGISTERED NUMBER: 00707866)






CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 30 September 2022




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


HARUNI BROTHERS LIMITED

COMPANY INFORMATION
for the year ended 30 September 2022







DIRECTOR: Mr R Haruni





SECRETARY: Mr R Haruni





REGISTERED OFFICE: 39 Greville Street
London
EC1N 8PJ





REGISTERED NUMBER: 00707866 (England and Wales)





ACCOUNTANTS: Raffingers LLP
Chartered Certified Accountants
19-20 Bourne Court
Southend Road
Woodford Green
Essex
IG8 8HD

HARUNI BROTHERS LIMITED (REGISTERED NUMBER: 00707866)

ABRIDGED BALANCE SHEET
30 September 2022

2022 2021
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,236 1,256

CURRENT ASSETS
Debtors 165,546 181,312
Cash at bank 48,504 54,053
214,050 235,365
CREDITORS
Amounts falling due within one year 139,462 168,579
NET CURRENT ASSETS 74,588 66,786
TOTAL ASSETS LESS CURRENT
LIABILITIES

75,824

68,042

CREDITORS
Amounts falling due after more than one year 5 30,681 34,499
NET ASSETS 45,143 33,543

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 45,043 33,443
SHAREHOLDERS' FUNDS 45,143 33,543

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2022 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.

HARUNI BROTHERS LIMITED (REGISTERED NUMBER: 00707866)

ABRIDGED BALANCE SHEET - continued
30 September 2022


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

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 30 September 2022 in accordance with Section 444(2A) of the Companies Act 2006.

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 5 April 2024 and were signed by:





Mr R Haruni - Director


HARUNI BROTHERS LIMITED (REGISTERED NUMBER: 00707866)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 30 September 2022

1. STATUTORY INFORMATION

Haruni Brothers 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Turnover
Turnover represents rent receivable. Rental income is recognised evenly over the lease term.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance

Government grants
Government grants, including non-monetary grants shall not be recognised until there is reasonable assurance that:
(a) the entity will comply with the conditions attaching to them; and
(b) the grants will be received.

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.

Short term debtors and creditors
Short term debtors and creditors with no stated interest rate are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account.

Loans and borrowings
Loans and borrowings are initially recognised at the transaction price including transactions costs. Subsequently, they are measured at amortised cost using the effective interest rate method, less impairment.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2021 - NIL).

HARUNI BROTHERS LIMITED (REGISTERED NUMBER: 00707866)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 30 September 2022

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 October 2021
and 30 September 2022 34,131
DEPRECIATION
At 1 October 2021 32,875
Charge for year 20
At 30 September 2022 32,895
NET BOOK VALUE
At 30 September 2022 1,236
At 30 September 2021 1,256

5. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN FIVE YEARS
2022 2021
£    £   
Repayable by instalments
Bank loans 15,408 19,226

6. RELATED PARTY DISCLOSURES

At the balance sheet date, the company owed £3,624 (2021 - £23,624) to Alpha Gems (UK) Limited and £115,483 (2021 - £126,896) to Limecroft Holdings Limited, companies related by virtue of a common director, Mr R Haruni.

At the balance sheet date the company was owed £71,548 (2021 - £73,431) by International Gemstones Limited and £21,414 (2021 -£21,414) by Wintec Point of Sale Systems Limited, companies related by virtue of a common director, Mr R Haruni.

During the year, the company was charged £5,000 (2021 - £5,000) management charges by International Gemstones Limited.