Company Registration No. 12496719 (England and Wales)
Haffertys Limited
Unaudited accounts
for the year ended 31 March 2024
Haffertys Limited
Unaudited accounts
Contents
Haffertys Limited
Company Information
for the year ended 31 March 2024
Directors
H Mahmood
U Mahmood
Company Number
12496719 (England and Wales)
Registered Office
North Star
Reservoir Street
Dewsbury
West Yorkshire
WF13 4NQ
Accountants
CGI Accountants Ltd
Branch House
31-33 Branch Road
Batley
West Yorkshire
WF17 5SB
Haffertys Limited
Statement of financial position
as at 31 March 2024
Tangible assets
13,109
16,996
Cash at bank and in hand
12
1,948
Creditors: amounts falling due within one year
(2,492)
(2,492)
Net current assets
43,349
27,436
Total assets less current liabilities
56,458
44,432
Creditors: amounts falling due after more than one year
(144,869)
(117,188)
Net liabilities
(88,411)
(72,756)
Profit and loss account
(88,411)
(72,756)
Shareholders' funds
(88,411)
(72,756)
For the year ending 31 March 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 directors acknowledge their 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 of Directors and authorised for issue on 19 March 2025 and were signed on its behalf by
H Mahmood
Director
Company Registration No. 12496719
Haffertys Limited
Notes to the Accounts
for the year ended 31 March 2024
Haffertys Limited is a private company, limited by shares, registered in England and Wales, registration number 12496719. The registered office is North Star, Reservoir Street, Dewsbury, West Yorkshire, WF13 4NQ.
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.
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:
Plant & machinery
20% on reducing balance
Motor vehicles
25% on reducing balance
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 April 2023
9,409
13,000
22,409
At 31 March 2024
9,409
13,000
22,409
At 1 April 2023
2,163
3,250
5,413
Charge for the year
1,449
2,438
3,887
At 31 March 2024
3,612
5,688
9,300
At 31 March 2024
5,797
7,312
13,109
At 31 March 2023
7,246
9,750
16,996
Haffertys Limited
Notes to the Accounts
for the year ended 31 March 2024
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2024
2023
Other creditors
2,492
2,492
7
Creditors: amounts falling due after more than one year
2024
2023
Loans from directors
144,869
117,188
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).