H AND AH VENTURE CAPITAL LTD

Company Registration Number:
13181302 (England and Wales)

Unaudited abridged accounts for the year ended 28 February 2024

Period of accounts

Start date: 01 March 2023

End date: 28 February 2024

H AND AH VENTURE CAPITAL LTD

Contents of the Financial Statements

for the Period Ended 28 February 2024

Balance sheet
Notes

H AND AH VENTURE CAPITAL LTD

Balance sheet

As at 28 February 2024


Notes

2024

2023


£

£
Called up share capital not paid: 3,948,640 3,948,640
Fixed assets
Intangible assets: 3 10,738,838 8,168,833
Tangible assets: 4 11,937,833 9,179,031
Investments: 5 3,028,849 1,762,833
Total fixed assets: 25,705,520 19,110,697
Current assets
Stocks: 3,827,783 1,883,793
Debtors: 6 1,073,993 830,833
Cash at bank and in hand: 2,837,832 1,201,783
Investments:   727,848 308,923
Total current assets: 8,467,456 4,225,332
Creditors: amounts falling due within one year: 7 (297,739) (68,823)
Net current assets (liabilities): 8,169,717 4,156,509
Total assets less current liabilities: 37,823,877 27,215,846
Creditors: amounts falling due after more than one year:   (108,388) (2,883)
Provision for liabilities: (82,774) (5,894)
Total net assets (liabilities): 37,632,715 27,207,069
Capital and reserves
Called up share capital: 3,948,640 3,948,640
Share premium account: 31,649,210 21,738,798
Revaluation reserve:81,073,993738,721
Other reserves: 928,933 776,388
Profit and loss account: 31,939 4,522
Shareholders funds: 37,632,715 27,207,069

The notes form part of these financial statements

H AND AH VENTURE CAPITAL LTD

Balance sheet statements

For the year ending 28 February 2024 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 25 November 2024
and signed on behalf of the board by:

Name: Albert Fischer
Status: Director

The notes form part of these financial statements

H AND AH VENTURE CAPITAL LTD

Notes to the Financial Statements

for the Period Ended 28 February 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

H AND AH VENTURE CAPITAL LTD

Notes to the Financial Statements

for the Period Ended 28 February 2024

2. Employees

2024 2023
Average number of employees during the period 39 13

H AND AH VENTURE CAPITAL LTD

Notes to the Financial Statements

for the Period Ended 28 February 2024

3. Intangible Assets

Total
Cost £
At 01 March 2023 8,168,833
Additions 2,570,005
Disposals (1,207,489)
Revaluations 382,883
Transfers 824,606
At 28 February 2024 10,738,838
Net book value
At 28 February 2024 10,738,838
At 28 February 2023 8,168,833

H AND AH VENTURE CAPITAL LTD

Notes to the Financial Statements

for the Period Ended 28 February 2024

4. Tangible Assets

Total
Cost £
At 01 March 2023 9,179,031
Additions 2,758,802
Disposals (868,308)
Revaluations 287,389
Transfers 580,919
At 28 February 2024 11,937,833
Net book value
At 28 February 2024 11,937,833
At 28 February 2023 9,179,031

H AND AH VENTURE CAPITAL LTD

Notes to the Financial Statements

for the Period Ended 28 February 2024

5. Fixed investments

See full accounts for further details

H AND AH VENTURE CAPITAL LTD

Notes to the Financial Statements

for the Period Ended 28 February 2024

6. Debtors

2024 2023
££
Debtors due after more than one year: 387,471 207,484

198.3 KLH - £108,838 (21/05/2023)

H AND AH VENTURE CAPITAL LTD

Notes to the Financial Statements

for the Period Ended 28 February 2024

7. Creditors: amounts falling due within one year note

PLM Simmons - £49,293 Dallas [56.345] - £23,978

H AND AH VENTURE CAPITAL LTD

Notes to the Financial Statements

for the Period Ended 28 February 2024

8. Revaluation reserve

2024
£
Balance at 01 March 2023 738,721
Surplus or deficit after revaluation 335,272
Balance at 28 February 2024 1,073,993

H AND AH VENTURE CAPITAL LTD

Notes to the Financial Statements

for the Period Ended 28 February 2024

9. Related party transactions

Name of the related party: FAHRADEEN CORP LLC
Relationship:
INVESTMENT
Description of the Transaction: RETURN OF INVESTMENT TO BE PAID 3 YEARS 5 MONTHS FROM 26 JULY 2023. INTEREST RATE 6.7% ANNUAL AMOUNT £1,385.00
£
Balance at 01 March 2023 408,736
Balance at 28 February 2024 976,264