IRIS Accounts Production v24.3.0.553 08607861 Board of Directors 1.2.23 31.1.24 31.1.24 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh086078612023-01-31086078612024-01-31086078612023-02-012024-01-31086078612022-01-31086078612022-02-012023-01-31086078612023-01-3108607861ns15:EnglandWales2023-02-012024-01-3108607861ns14:PoundSterling2023-02-012024-01-3108607861ns10:Director12023-02-012024-01-3108607861ns10:PrivateLimitedCompanyLtd2023-02-012024-01-3108607861ns10:SmallEntities2023-02-012024-01-3108607861ns10:AuditExemptWithAccountantsReport2023-02-012024-01-3108607861ns10:SmallCompaniesRegimeForDirectorsReport2023-02-012024-01-3108607861ns10:SmallCompaniesRegimeForAccounts2023-02-012024-01-3108607861ns10:FullAccounts2023-02-012024-01-310860786112023-02-012024-01-3108607861ns10:Director22023-02-012024-01-3108607861ns10:Director32023-02-012024-01-3108607861ns10:RegisteredOffice2023-02-012024-01-3108607861ns5:CurrentFinancialInstruments2024-01-3108607861ns5:CurrentFinancialInstruments2023-01-3108607861ns5:Non-currentFinancialInstruments2024-01-3108607861ns5:Non-currentFinancialInstruments2023-01-3108607861ns5:ShareCapital2024-01-3108607861ns5:ShareCapital2023-01-3108607861ns5:RetainedEarningsAccumulatedLosses2024-01-3108607861ns5:RetainedEarningsAccumulatedLosses2023-01-3108607861ns5:NetGoodwill2023-02-012024-01-3108607861ns5:IntangibleAssetsOtherThanGoodwill2023-02-012024-01-3108607861ns5:FurnitureFittings2023-02-012024-01-3108607861ns5:MotorVehicles2023-02-012024-01-3108607861ns5:NetGoodwill2023-01-3108607861ns5:NetGoodwill2024-01-3108607861ns5:NetGoodwill2023-01-3108607861ns5:FurnitureFittings2023-01-3108607861ns5:MotorVehicles2023-01-3108607861ns5:FurnitureFittings2024-01-3108607861ns5:MotorVehicles2024-01-3108607861ns5:FurnitureFittings2023-01-3108607861ns5:MotorVehicles2023-01-3108607861ns5:WithinOneYearns5:CurrentFinancialInstruments2024-01-3108607861ns5:WithinOneYearns5:CurrentFinancialInstruments2023-01-31
REGISTERED NUMBER: 08607861 (England and Wales)















FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2024

FOR

A-HA! DISTRIBUTION LTD

A-HA! DISTRIBUTION LTD (REGISTERED NUMBER: 08607861)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 January 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Report of the Accountants 8

A-HA! DISTRIBUTION LTD

COMPANY INFORMATION
for the Year Ended 31 January 2024







DIRECTORS: Mrs E Rengers
Mr I Whitfield
Mr T M Whitfield





REGISTERED OFFICE: 43-45 Oxford Road
Guiseley
Leeds
LS20 8AB





REGISTERED NUMBER: 08607861 (England and Wales)





ACCOUNTANTS: Taylor, Robertson & Willett Ltd
95 King Street
Lancaster
Lancashire
LA1 1RH

A-HA! DISTRIBUTION LTD (REGISTERED NUMBER: 08607861)

BALANCE SHEET
31 January 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 2,200 3,300
Tangible assets 5 12,134 14,942
14,334 18,242

CURRENT ASSETS
Stocks 64,869 72,077
Debtors 6 39,805 49,563
Cash in hand - 193
104,674 121,833
CREDITORS
Amounts falling due within one year 7 222,643 161,937
NET CURRENT LIABILITIES (117,969 ) (40,104 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(103,635

)

(21,862

)

CREDITORS
Amounts falling due after more than one year 8 56,494 83,330
NET LIABILITIES (160,129 ) (105,192 )

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (160,229 ) (105,292 )
(160,129 ) (105,192 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

A-HA! DISTRIBUTION LTD (REGISTERED NUMBER: 08607861)

BALANCE SHEET - continued
31 January 2024


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

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30 October 2024 and were signed on its behalf by:





Mr T M Whitfield - Director


A-HA! DISTRIBUTION LTD (REGISTERED NUMBER: 08607861)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 January 2024

1. STATUTORY INFORMATION

A-ha! Distribution Ltd 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.

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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2013, is being amortised evenly over its estimated useful life of ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 20% on reducing balance
Motor vehicles - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

A-HA! DISTRIBUTION LTD (REGISTERED NUMBER: 08607861)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 January 2024

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2023 - 8 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 February 2023
and 31 January 2024 11,000
AMORTISATION
At 1 February 2023 7,700
Amortisation for year 1,100
At 31 January 2024 8,800
NET BOOK VALUE
At 31 January 2024 2,200
At 31 January 2023 3,300

A-HA! DISTRIBUTION LTD (REGISTERED NUMBER: 08607861)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 January 2024

5. TANGIBLE FIXED ASSETS
Fixtures
and Motor
fittings vehicles Totals
£    £    £   
COST
At 1 February 2023 24,292 59,652 83,944
Additions 750 - 750
At 31 January 2024 25,042 59,652 84,694
DEPRECIATION
At 1 February 2023 18,507 50,495 69,002
Charge for year 1,269 2,289 3,558
At 31 January 2024 19,776 52,784 72,560
NET BOOK VALUE
At 31 January 2024 5,266 6,868 12,134
At 31 January 2023 5,785 9,157 14,942

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 8,666 17,358
Other debtors 31,139 32,205
39,805 49,563

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 24,695 34,583
Trade creditors 24,542 18,257
Taxation and social security 29,181 3,623
Other creditors 144,225 105,474
222,643 161,937

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 20,000 35,000
Other creditors 36,494 48,330
56,494 83,330

A-HA! DISTRIBUTION LTD (REGISTERED NUMBER: 08607861)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 January 2024

9. RELATED PARTY DISCLOSURES

Aha Distribution NE Ltd
A company owned and controlled by the directors.

Amount due to the related party at the balance sheet date was £15,333 (2023: £7,733).


Alpha Card Compact Media Ltd
A company owned and controlled by the directors.

Amount due to the related party at the balance sheet date £32,544 (2023:14,000).

10. ULTIMATE CONTROLLING PARTY

The controlling party is SBS 2022 Ltd.

A-HA! DISTRIBUTION LTD

REPORT OF THE ACCOUNTANTS TO THE DIRECTORS OF
A-HA! DISTRIBUTION LTD

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 January 2024 set out on pages three to nine and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






Taylor, Robertson & Willett Ltd
95 King Street
Lancaster
Lancashire
LA1 1RH


30 October 2024