Company Registration No. 11787671 (England and Wales)
Happiness Investments Limited
Unaudited accounts
for the year ended 31 January 2025
Happiness Investments Limited
Unaudited accounts
Contents
Happiness Investments Limited
Statement of financial position
as at 31 January 2025
Tangible assets
156,608
156,608
Cash at bank and in hand
386
938
Creditors: amounts falling due within one year
(8,300)
(7,521)
Net current liabilities
(7,914)
(6,583)
Total assets less current liabilities
148,694
150,025
Creditors: amounts falling due after more than one year
(138,881)
(141,284)
Called up share capital
100
100
Profit and loss account
9,713
8,641
Shareholders' funds
9,813
8,741
For the year ending 31 January 2025 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 9 April 2025 and were signed on its behalf by
Russell Bicknell
Director
Company Registration No. 11787671
Happiness Investments Limited
Notes to the Accounts
for the year ended 31 January 2025
Happiness Investments Limited is a private company, limited by shares, registered in England and Wales, registration number 11787671. The registered office is Union House, 111 New Union Street, Coventry, CV1 2NT, England.
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.
4
Tangible fixed assets
Land & buildings
At 1 February 2024
156,608
At 31 January 2025
156,608
At 31 January 2025
156,608
At 31 January 2024
156,608
5
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
7,259
6,468
Taxes and social security
486
293
Happiness Investments Limited
Notes to the Accounts
for the year ended 31 January 2025
6
Creditors: amounts falling due after more than one year
2025
2024
Loans from directors
57,027
55,403
During the year, there were amounts due from the company to the directors of £56,027 (2024: £55,403). This is interest free and repayable on demand.
8
Average number of employees
During the year the average number of employees was 0 (2024: 0).