Caseware UK (AP4) 2023.0.135 2023.0.135 2024-07-312024-07-3112023-08-01The principal activity of the company during the year continued to be that of aquiring and holding the freehold interest of a property.falseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.1falsetruefalse 08157090 2023-08-01 2024-07-31 08157090 2022-08-01 2023-07-31 08157090 2024-07-31 08157090 2023-07-31 08157090 c:Director1 2023-08-01 2024-07-31 08157090 d:FreeholdInvestmentProperty 2024-07-31 08157090 d:FreeholdInvestmentProperty 2023-07-31 08157090 d:CurrentFinancialInstruments 2024-07-31 08157090 d:CurrentFinancialInstruments 2023-07-31 08157090 d:CurrentFinancialInstruments d:WithinOneYear 2024-07-31 08157090 d:CurrentFinancialInstruments d:WithinOneYear 2023-07-31 08157090 d:ShareCapital 2024-07-31 08157090 d:ShareCapital 2023-07-31 08157090 d:SharePremium 2024-07-31 08157090 d:SharePremium 2023-07-31 08157090 d:RetainedEarningsAccumulatedLosses 2024-07-31 08157090 d:RetainedEarningsAccumulatedLosses 2023-07-31 08157090 c:OrdinaryShareClass1 2023-08-01 2024-07-31 08157090 c:OrdinaryShareClass1 2024-07-31 08157090 c:OrdinaryShareClass1 2023-07-31 08157090 c:FRS102 2023-08-01 2024-07-31 08157090 c:AuditExempt-NoAccountantsReport 2023-08-01 2024-07-31 08157090 c:FullAccounts 2023-08-01 2024-07-31 08157090 c:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 08157090 e:PoundSterling 2023-08-01 2024-07-31 xbrli:shares iso4217:GBP xbrli:pure
Registered number: 08157090









HAYA PROPERTY LIMITED

UNAUDITED

FINANCIAL STATEMENTS
INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 JULY 2024

 
HAYA PROPERTY LIMITED
REGISTERED NUMBER: 08157090

BALANCE SHEET
AS AT 31 JULY 2024

2024
2023
Note
£
£

Fixed assets
  

Investment property
 4 
46,000
46,000

Current assets
  

Debtors: amounts falling due within one year
 5 
-
237

Creditors: amounts falling due within one year
 6 
(22,905)
(19,385)

Net current liabilities
  
 
 
(22,905)
 
 
(19,148)

  

Net assets
  
23,095
26,852


Capital and reserves
  

Called up share capital 
 7 
8
8

Share premium account
  
349,996
349,996

Profit and loss account
  
(326,909)
(323,152)

  
23,095
26,852


The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 



Ahmed Faisal Abukhadra
Director

Date: 31 March 2025

The notes on pages 2 to 4 form part of these financial statements.

Page 1

 
HAYA PROPERTY LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

1.


General information

Haya Property Limited is a private company, limited by shares, and incorporated in England and Wales. The address of its registered office is 3rd Floor, 24 Old Bond Street, London, WS1 4AP.
The financial statements are presented in pounds sterling which is the functional currency of the company.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.


 
2.3

Investment property

Investment property is carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in profit or loss.

 
2.4

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.5

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Page 2

 
HAYA PROPERTY LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

2.Accounting policies (continued)

 
2.6

Financial instruments

The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the Company's Balance Sheet when the Company becomes 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 trade and other debtors, cash and bank balances, are initially measured at their transaction price (adjusted for transaction costs except in the initial measurement of financial assets that are subsequently measured at fair value through profit and loss) and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, 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.

Discounting is omitted where the effect of discounting is immaterial. The Company's cash and cash equivalents, trade and most other debtors due with the operating cycle fall into this category of financial instruments.


3.


Employees

The average monthly number of employees, including directors, during the year was 1 (2023 - 1).


4.


Investment property


Freehold investment property

£



Valuation


At 1 August 2023
46,000



At 31 July 2024
46,000

The 2024 valuations were made by the director, on a fair value for existing use basis.


2024
£


Historic cost
190,916

Page 3

 
HAYA PROPERTY LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

5.


Debtors

2024
2023
£
£


Prepayments and accrued income
-
237



6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Other creditors
19,384
12,692

Accruals and deferred income
3,521
6,693

22,905
19,385



7.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



8 (2023 - 8) ordinary shares of £1.00 each
8
8



8.


Related party transactions

At the balance sheet date £19,384 (2023 - £12,692) was due to the director.


Page 4