Company Registration No. 9371738 (England and Wales)
Haz Motorsport Limited
Unaudited accounts
for the year ended 31 January 2024
Haz Motorsport Limited
Unaudited accounts
Contents
Haz Motorsport Limited
Company Information
for the year ended 31 January 2024
Company Number
9371738 (England and Wales)
Registered Office
3E ANCHOR BRIDGE WAY
DEWSBURY
WF12 9QS
ENGLAND
Haz Motorsport Limited
Statement of financial position
as at 31 January 2024
Tangible assets
32,597
20,340
Cash at bank and in hand
(410)
34,541
Creditors: amounts falling due within one year
(7,799)
(11,493)
Net current assets
85,560
121,136
Total assets less current liabilities
118,157
141,476
Creditors: amounts falling due after more than one year
(90,829)
(85,469)
Provisions for liabilities
Called up share capital
1
1
Profit and loss account
18,255
56,006
Shareholders' funds
18,256
56,007
For the year ending 31 January 2024 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 25 September 2024 and were signed on its behalf by
Hasnain Khadim
Director
Company Registration No. 9371738
Haz Motorsport Limited
Notes to the Accounts
for the year ended 31 January 2024
Haz Motorsport Limited is a private company, limited by shares, registered in England and Wales, registration number 9371738. The registered office is 3E ANCHOR BRIDGE WAY, DEWSBURY, WF12 9QS, ENGLAND.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At cost
At 1 February 2023
4,485
47,965
56,250
4,208
14,384
127,292
Additions
-
939
28,899
-
-
29,838
Disposals
-
-
(56,250)
-
-
(56,250)
At 31 January 2024
4,485
48,904
28,899
4,208
14,384
100,880
At 1 February 2023
3,588
31,596
56,250
3,479
12,039
106,952
Charge for the year
897
11,100
5,563
21
-
17,581
On disposals
-
-
(56,250)
-
-
(56,250)
At 31 January 2024
4,485
42,696
5,563
3,500
12,039
68,283
At 31 January 2024
-
6,208
23,336
708
2,345
32,597
At 31 January 2023
897
16,369
-
729
2,345
20,340
Haz Motorsport Limited
Notes to the Accounts
for the year ended 31 January 2024
Amounts falling due within one year
Trade debtors
1,176
13,995
Accrued income and prepayments
5,381
2,693
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
398
1,349
7
Creditors: amounts falling due after more than one year
2024
2023
Loans from directors
55,747
24,499
8
Average number of employees
During the year the average number of employees was 4 (2023: 4).