Haiser Enterprises Limited 07477030 true 2023-01-01 2023-12-31 2023-12-31 The principal activity of the company is Scientific and Technical Digita Accounts Production Advanced 6.30.9574.0 true Mr William Haiser Ms Maxine Haiser true 07477030 2023-01-01 2023-12-31 07477030 2023-12-31 07477030 bus:OrdinaryShareClass1 2023-12-31 07477030 core:RetainedEarningsAccumulatedLosses 2023-12-31 07477030 core:ShareCapital 2023-12-31 07477030 core:CurrentFinancialInstruments core:WithinOneYear 2023-12-31 07477030 core:FurnitureFittingsToolsEquipment 2023-12-31 07477030 bus:FRS102 2023-01-01 2023-12-31 07477030 bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 07477030 bus:FullAccounts 2023-01-01 2023-12-31 07477030 bus:RegisteredOffice 2023-01-01 2023-12-31 07477030 bus:CompanySecretary1 2023-01-01 2023-12-31 07477030 bus:Director1 2023-01-01 2023-12-31 07477030 bus:OrdinaryShareClass1 2023-01-01 2023-12-31 07477030 bus:EntityNoLongerTradingButTradedInPast 2023-01-01 2023-12-31 07477030 bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 07477030 core:FurnitureFittings 2023-01-01 2023-12-31 07477030 core:OfficeEquipment 2023-01-01 2023-12-31 07477030 countries:England 2023-01-01 2023-12-31 07477030 2022-12-31 07477030 core:FurnitureFittingsToolsEquipment 2022-12-31 07477030 2022-12-31 07477030 bus:OrdinaryShareClass1 2022-12-31 07477030 core:RetainedEarningsAccumulatedLosses 2022-12-31 07477030 core:ShareCapital 2022-12-31 07477030 core:CurrentFinancialInstruments core:WithinOneYear 2022-12-31 07477030 core:FurnitureFittingsToolsEquipment 2022-12-31 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 07477030

Haiser Enterprises Limited

Annual Report and Unaudited Financial Statements

for the Year Ended 31 December 2023

 

Haiser Enterprises Limited

Profit and Loss Account for the Year Ended 31 December 2023

The company has not traded during the year. During this year, the company received no income and incurred no expenditure and therefore made neither profit nor loss.

 

Haiser Enterprises Limited

(Registration number: 07477030)
Balance Sheet as at 31 December 2023

Note

2023
£

2022
£

Fixed assets

 

Tangible assets

3

4,380

4,380

Current assets

 

Stocks

4

11,625

11,625

Cash at bank and in hand

 

36

36

 

11,661

11,661

Creditors: Amounts falling due within one year

6

(20,853)

(20,853)

Net current liabilities

 

(9,192)

(9,192)

Net liabilities

 

(4,812)

(4,812)

Capital and reserves

 

Called up share capital

7

2

2

Retained earnings

(4,814)

(4,814)

Shareholders' deficit

 

(4,812)

(4,812)

For the financial year ending 31 December 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

For the financial year ending 31 December 2023 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the director on 12 April 2024
 

.........................................
Mr William Haiser
Director

 

Haiser Enterprises Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2023

1

General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
1007 London Road
Leigh-On-Sea
Essex
SS9 3JY

These financial statements were authorised for issue by the director on 12 April 2024.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Fixtures and fittings

20% Reducing balance

Office Equipment

20% Reducing balance

 

Haiser Enterprises Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2023

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

 

Haiser Enterprises Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2023

3

Tangible assets

Furniture, fittings and equipment
 £

Total
£

Cost or valuation

At 1 January 2023

9,829

9,829

At 31 December 2023

9,829

9,829

Depreciation

At 1 January 2023

5,449

5,449

At 31 December 2023

5,449

5,449

Carrying amount

At 31 December 2023

4,380

4,380

At 31 December 2022

4,380

4,380

4

Stocks

2023
£

2022
£

Work in progress

11,000

11,000

Other inventories

625

625

11,625

11,625

5

Cash and cash equivalents

2023
£

2022
£

Cash on hand

36

36

6

Creditors

Note

2023
£

2022
£

Due within one year

 

Amounts due to related parties

20,603

20,603

Other payables

 

250

250

 

20,853

20,853

 

Haiser Enterprises Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2023

7

Share capital

Allotted, called up and fully paid shares

2023

2022

No.

£

No.

£

Ordinary of £1 each

2

2

2

2