2023-03-012024-02-292024-02-29false08491112HAQUE INVESTMENTS LTD2024-11-2968209iso4217:GBPxbrli:pure084911122023-03-01084911122024-02-29084911122023-03-012024-02-29084911122022-03-01084911122023-02-28084911122022-03-012023-02-2808491112bus:SmallEntities2023-03-012024-02-2908491112bus:AuditExempt-NoAccountantsReport2023-03-012024-02-2908491112bus:FullAccounts2023-03-012024-02-2908491112bus:PrivateLimitedCompanyLtd2023-03-012024-02-2908491112core:WithinOneYear2024-02-2908491112core:AfterOneYear2024-02-2908491112core:WithinOneYear2023-02-2808491112core:AfterOneYear2023-02-2808491112core:ShareCapital2024-02-2908491112core:SharePremium2024-02-2908491112core:RevaluationReserve2024-02-2908491112core:OtherReservesSubtotal2024-02-2908491112core:RetainedEarningsAccumulatedLosses2024-02-2908491112core:ShareCapital2023-02-2808491112core:SharePremium2023-02-2808491112core:RevaluationReserve2023-02-2808491112core:OtherReservesSubtotal2023-02-2808491112core:RetainedEarningsAccumulatedLosses2023-02-2808491112core:LandBuildings2024-02-2908491112core:PlantMachinery2024-02-2908491112core:Vehicles2024-02-2908491112core:FurnitureFittings2024-02-2908491112core:OfficeEquipment2024-02-2908491112core:NetGoodwill2024-02-2908491112core:IntangibleAssetsOtherThanGoodwill2024-02-2908491112core:ListedExchangeTraded2024-02-2908491112core:UnlistedNon-exchangeTraded2024-02-2908491112core:LandBuildings2023-02-2808491112core:PlantMachinery2023-02-2808491112core:Vehicles2023-02-2808491112core:FurnitureFittings2023-02-2808491112core:OfficeEquipment2023-02-2808491112core:NetGoodwill2023-02-2808491112core:IntangibleAssetsOtherThanGoodwill2023-02-2808491112core:ListedExchangeTraded2023-02-2808491112core:UnlistedNon-exchangeTraded2023-02-2808491112core:LandBuildings2023-03-012024-02-2908491112core:PlantMachinery2023-03-012024-02-2908491112core:Vehicles2023-03-012024-02-2908491112core:FurnitureFittings2023-03-012024-02-2908491112core:OfficeEquipment2023-03-012024-02-2908491112core:NetGoodwill2023-03-012024-02-2908491112core:IntangibleAssetsOtherThanGoodwill2023-03-012024-02-2908491112core:ListedExchangeTraded2023-03-012024-02-2908491112core:UnlistedNon-exchangeTraded2023-03-012024-02-2908491112core:MoreThanFiveYears2023-03-012024-02-2908491112core:Non-currentFinancialInstruments2024-02-2908491112core:Non-currentFinancialInstruments2023-02-2808491112dpl:CostSales2023-03-012024-02-2908491112dpl:DistributionCosts2023-03-012024-02-2908491112core:LandBuildings2023-03-012024-02-2908491112core:PlantMachinery2023-03-012024-02-2908491112core:Vehicles2023-03-012024-02-2908491112core:FurnitureFittings2023-03-012024-02-2908491112core:OfficeEquipment2023-03-012024-02-2908491112dpl:AdministrativeExpenses2023-03-012024-02-2908491112core:NetGoodwill2023-03-012024-02-2908491112core:IntangibleAssetsOtherThanGoodwill2023-03-012024-02-2908491112dpl:GroupUndertakings2023-03-012024-02-2908491112dpl:ParticipatingInterests2023-03-012024-02-2908491112dpl:GroupUndertakingscore:ListedExchangeTraded2023-03-012024-02-2908491112core:ListedExchangeTraded2023-03-012024-02-2908491112dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-03-012024-02-2908491112core:UnlistedNon-exchangeTraded2023-03-012024-02-2908491112dpl:CostSales2022-03-012023-02-2808491112dpl:DistributionCosts2022-03-012023-02-2808491112core:LandBuildings2022-03-012023-02-2808491112core:PlantMachinery2022-03-012023-02-2808491112core:Vehicles2022-03-012023-02-2808491112core:FurnitureFittings2022-03-012023-02-2808491112core:OfficeEquipment2022-03-012023-02-2808491112dpl:AdministrativeExpenses2022-03-012023-02-2808491112core:NetGoodwill2022-03-012023-02-2808491112core:IntangibleAssetsOtherThanGoodwill2022-03-012023-02-2808491112dpl:GroupUndertakings2022-03-012023-02-2808491112dpl:ParticipatingInterests2022-03-012023-02-2808491112dpl:GroupUndertakingscore:ListedExchangeTraded2022-03-012023-02-2808491112core:ListedExchangeTraded2022-03-012023-02-2808491112dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-03-012023-02-2808491112core:UnlistedNon-exchangeTraded2022-03-012023-02-2808491112core:NetGoodwill2024-02-2908491112core:IntangibleAssetsOtherThanGoodwill2024-02-2908491112core:LandBuildings2024-02-2908491112core:PlantMachinery2024-02-2908491112core:Vehicles2024-02-2908491112core:FurnitureFittings2024-02-2908491112core:OfficeEquipment2024-02-2908491112core:AfterOneYear2024-02-2908491112core:WithinOneYear2024-02-2908491112core:ListedExchangeTraded2024-02-2908491112core:UnlistedNon-exchangeTraded2024-02-2908491112core:ShareCapital2024-02-2908491112core:SharePremium2024-02-2908491112core:RevaluationReserve2024-02-2908491112core:OtherReservesSubtotal2024-02-2908491112core:RetainedEarningsAccumulatedLosses2024-02-2908491112core:NetGoodwill2023-02-2808491112core:IntangibleAssetsOtherThanGoodwill2023-02-2808491112core:LandBuildings2023-02-2808491112core:PlantMachinery2023-02-2808491112core:Vehicles2023-02-2808491112core:FurnitureFittings2023-02-2808491112core:OfficeEquipment2023-02-2808491112core:AfterOneYear2023-02-2808491112core:WithinOneYear2023-02-2808491112core:ListedExc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HAQUE INVESTMENTS LTD

Registered Number
08491112
(England and Wales)

Unaudited Financial Statements for the Year ended
29 February 2024

HAQUE INVESTMENTS LTD
Company Information
for the year from 1 March 2023 to 29 February 2024

Directors

HAQUE, Emdadul
HAQUE, Hemina

Registered Address

2nd Floor Grove House
55 Lowlands Road
Harrow
HA1 3AW

Registered Number

08491112 (England and Wales)
HAQUE INVESTMENTS LTD
Balance Sheet as at
29 February 2024

Notes

2024

2023

£

£

£

£

Fixed assets
Investment property3952,279868,332
952,279868,332
Current assets
Debtors44,8414,841
Cash at bank and on hand4,5104,743
9,3519,584
Creditors amounts falling due within one year5(139,744)(133,113)
Net current assets (liabilities)(130,393)(123,529)
Total assets less current liabilities821,886744,803
Creditors amounts falling due after one year6(649,365)(641,807)
Provisions for liabilities7(20,987)-
Net assets151,534102,996
Capital and reserves
Called up share capital100100
Revaluation reserve83,946-
Profit and loss account67,488102,896
Shareholders' funds151,534102,996
The financial statements were approved and authorised for issue by the Board of Directors on 29 November 2024, and are signed on its behalf by:
HAQUE, Hemina
Director
Registered Company No. 08491112
HAQUE INVESTMENTS LTD
Notes to the Financial Statements
for the year ended 29 February 2024

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Basis of preparation
These financial statements have been prepared in accordance with Financial Reporting Standard 102 'The financial reporting standard applicable in the UK Republic of Ireland' and the companies Act 2006.
Functional and presentation currency
The financial statements are presented in sterling and this is the functional currency of the company.
Turnover policy
Turnover represents rent receivable in the period. Income is recognised in the period to which it relates.
Current taxation
Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax
Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Investment property
Investment property which is property held to earn rentals and/or for capital appreciation is initially recognised at cost, which includes the urchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at the reporting end date. The surplus or deficit on revaluation is recognised in profit and loss account.
Financial instruments
The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments. Financial instruments are recognised in the company's balance sheet when the company becomes a party to the contractual provisions of the instrument. Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously. Basic financial assets Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised. Basic financial liabilities Basic financial liabilities, including creditors are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised. Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortized cost using the effective interest method.
Share capital
Ordinary shares are classified as equity. Incremental costs directly attributable to the issue of new ordinary shares or options are shown in equity as a deduction, net of tax, from the proceeds.
2.Average number of employees

20242023
Average number of employees during the year22
3.Investment property
The investment property below have been shown at fair values as at the balance sheet date which have been revalued by the director. If the investment property was stated on historical cost basis rather than fair value basis, the amounts would have been £868,332 (2023 : £868,332).

£
Fair value at 01 March 23868,332
Fair value adjustments83,947
At 29 February 24952,279
4.Debtors: amounts due within one year

2024

2023

££
Other debtors4,8414,841
Total4,8414,841
5.Creditors: amounts due within one year

2024

2023

££
Taxation and social security-1,539
Other creditors135,574131,574
Accrued liabilities and deferred income4,170-
Total139,744133,113
6.Creditors: amounts due after one year

2024

2023

££
Bank borrowings and overdrafts649,365641,807
Total649,365641,807
Included in creditors due more than one year are the bank loans £649,365 (2023 : £647,807) which are secured by the assets of this company.
7.Provisions for liabilities

2024

2023

££
Net deferred tax liability (asset)20,987-
Total20,987-
8.Related party transactions
Included in other debtors is an amount of £4,841 (2023 : £4,841) due from Endeavour Property Development Ltd, a company connected to the directors. Included in other creditors is an amount of £105,674 (2023 : £103,674) due to KS Development Ltd and £27,900 (2023 : £27,900) to Eating Healthy Ltd - all companies connected to the directors. Other creditors also includes an amount of £2,000 (2023 : £Nil) due to the director.