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Company Registration No. 12321847 (England and Wales)
HAHA VENTURES LIMITED Unaudited accounts for the year ended 30 November 2023
HAHA VENTURES LIMITED Unaudited accounts Contents
Page
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HAHA VENTURES LIMITED Company Information for the year ended 30 November 2023
Director
Anjam Tauheed SHEIKH
Company Number
12321847 (England and Wales)
Registered Office
63 BRUDENELL GROVE HYDE PARK LEEDS WEST YORKSHIRE LS6 1HR UNITED KINGDOM
Accountants
HLA Accountants 21 Hyde Park Road Leeds West Yorkshire LS6 1PY
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Chartered Certified Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of HAHA VENTURES LIMITED for the year ended 30 November 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of HAHA VENTURES LIMITED for the year ended 30 November 2023 as set out on pages 5 - 7 from the Company's accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal.com/uk/en/about-us/regulation/rulebook.html
Our work has been undertaken in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf.
HLA Accountants Chartered Certified Accountants 21 Hyde Park Road Leeds West Yorkshire LS6 1PY 13 August 2024
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HAHA VENTURES LIMITED Statement of financial position as at 30 November 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
80,378 
80,540 
Current assets
Debtors
100 
100 
Cash at bank and in hand
1,990 
3,191 
2,090 
3,291 
Creditors: amounts falling due within one year
(57,166)
(56,566)
Net current liabilities
(55,076)
(53,275)
Total assets less current liabilities
25,302 
27,265 
Creditors: amounts falling due after more than one year
(34,179)
(39,876)
Net liabilities
(8,877)
(12,611)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(8,977)
(12,711)
Shareholders' funds
(8,877)
(12,611)
For the year ending 30 November 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 13 August 2024 and were signed on its behalf by
Anjam Tauheed SHEIKH Director Company Registration No. 12321847
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HAHA VENTURES LIMITED Notes to the Accounts for the year ended 30 November 2023
1
Statutory information
HAHA VENTURES LIMITED is a private company, limited by shares, registered in England and Wales, registration number 12321847. The registered office is 63 BRUDENELL GROVE, HYDE PARK, LEEDS, WEST YORKSHIRE, LS6 1HR, UNITED KINGDOM.
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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Fixtures & fittings
10% diminishing balance method
Inventories WIP
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Trading activity
letting and operating of own or leased real estate
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HAHA VENTURES LIMITED Notes to the Accounts for the year ended 30 November 2023
4
Tangible fixed assets
Land & buildings 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 December 2022
78,925 
1,795 
80,720 
At 30 November 2023
78,925 
1,795 
80,720 
Depreciation
At 1 December 2022
- 
180 
180 
Charge for the year
- 
162 
162 
At 30 November 2023
- 
342 
342 
Net book value
At 30 November 2023
78,925 
1,453 
80,378 
At 30 November 2022
78,925 
1,615 
80,540 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due after more than one year
Other debtors
100 
100 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Other creditors
54,941 
54,941 
Accruals
2,225 
1,625 
57,166 
56,566 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
34,179 
39,876 
8
Average number of employees
During the year the average number of employees was 1 (2022: 1).
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