2024-04-012025-03-192025-03-19false07663111HALDANE HOUSE LIMITED2025-07-1086900falseiso4217:GBPxbrli:pure076631112024-04-01076631112025-03-19076631112024-04-012025-03-19076631112023-04-01076631112024-03-31076631112023-04-012024-03-3107663111bus:SmallEntities2024-04-012025-03-1907663111bus:AuditExempt-NoAccountantsReport2024-04-012025-03-1907663111bus:FullAccounts2024-04-012025-03-1907663111bus:PrivateLimitedCompanyLtd2024-04-012025-03-1907663111core:WithinOneYear2025-03-1907663111core:AfterOneYear2025-03-1907663111core:WithinOneYear2024-03-3107663111core:AfterOneYear2024-03-3107663111core:ShareCapital2025-03-1907663111core:SharePremium2025-03-1907663111core:RevaluationReserve2025-03-1907663111core:OtherReservesSubtotal2025-03-1907663111core:RetainedEarningsAccumulatedLosses2025-03-1907663111core:ShareCapital2024-03-3107663111core:SharePremium2024-03-3107663111core:RevaluationReserve2024-03-3107663111core:OtherReservesSubtotal2024-03-3107663111core:RetainedEarningsAccumulatedLosses2024-03-3107663111core:LandBuildings2025-03-1907663111core:PlantMachinery2025-03-1907663111core:Vehicles2025-03-1907663111core:FurnitureFittings2025-03-1907663111core:OfficeEquipment2025-03-1907663111core:NetGoodwill2025-03-1907663111core:IntangibleAssetsOtherThanGoodwill2025-03-1907663111core:ListedExchangeTraded2025-03-1907663111core:UnlistedNon-exchangeTraded2025-03-1907663111core:LandBuildings2024-03-3107663111core:PlantMachinery2024-03-3107663111core:Vehicles2024-03-3107663111core:FurnitureFittings2024-03-3107663111core:OfficeEquipment2024-03-3107663111core:NetGoodwill2024-03-3107663111core:IntangibleAssetsOtherThanGoodwill2024-03-3107663111core:ListedExchangeTraded2024-03-3107663111core:UnlistedNon-exchangeTraded2024-03-3107663111core:LandBuildings2024-04-012025-03-1907663111core:PlantMachinery2024-04-012025-03-1907663111core:Vehicles2024-04-012025-03-1907663111core:FurnitureFittings2024-04-012025-03-1907663111core:OfficeEquipment2024-04-012025-03-1907663111core:NetGoodwill2024-04-012025-03-1907663111core:IntangibleAssetsOtherThanGoodwill2024-04-012025-03-1907663111core:ListedExchangeTraded2024-04-012025-03-1907663111core:UnlistedNon-exchangeTraded2024-04-012025-03-1907663111core:MoreThanFiveYears2024-04-012025-03-1907663111core:Non-currentFinancialInstruments2025-03-1907663111core:Non-currentFinancialInstruments2024-03-3107663111dpl:CostSales2024-04-012025-03-1907663111dpl:DistributionCosts2024-04-012025-03-1907663111core:LandBuildings2024-04-012025-03-1907663111core:PlantMachinery2024-04-012025-03-1907663111core:Vehicles2024-04-012025-03-1907663111core:FurnitureFittings2024-04-012025-03-1907663111core:OfficeEquipment2024-04-012025-03-1907663111dpl:AdministrativeExpenses2024-04-012025-03-1907663111core:NetGoodwill2024-04-012025-03-1907663111core:IntangibleAssetsOtherThanGoodwill2024-04-012025-03-1907663111dpl:GroupUndertakings2024-04-012025-03-1907663111dpl:ParticipatingInterests2024-04-012025-03-1907663111dpl:GroupUndertakingscore:ListedExchangeTraded2024-04-012025-03-1907663111core:ListedExchangeTraded2024-04-012025-03-1907663111dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2024-04-012025-03-1907663111core:UnlistedNon-exchangeTraded2024-04-012025-03-1907663111dpl:CostSales2023-04-012024-03-3107663111dpl:DistributionCosts2023-04-012024-03-3107663111core:LandBuildings2023-04-012024-03-3107663111core:PlantMachinery2023-04-012024-03-3107663111core:Vehicles2023-04-012024-03-3107663111core:FurnitureFittings2023-04-012024-03-3107663111core:OfficeEquipment2023-04-012024-03-3107663111dpl:AdministrativeExpenses2023-04-012024-03-3107663111core:NetGoodwill2023-04-012024-03-3107663111core:IntangibleAssetsOtherThanGoodwill2023-04-012024-03-3107663111dpl:GroupUndertakings2023-04-012024-03-3107663111dpl:ParticipatingInterests2023-04-012024-03-3107663111dpl:GroupUndertakingscore:ListedExchangeTraded2023-04-012024-03-3107663111core:ListedExchangeTraded2023-04-012024-03-3107663111dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-04-012024-03-3107663111core:UnlistedNon-exchangeTraded2023-04-012024-03-3107663111core:NetGoodwill2025-03-1907663111core:IntangibleAssetsOtherThanGoodwill2025-03-1907663111core:LandBuildings2025-03-1907663111core:PlantMachinery2025-03-1907663111core:Vehicles2025-03-1907663111core:FurnitureFittings2025-03-1907663111core:OfficeEquipment2025-03-1907663111core:AfterOneYear2025-03-1907663111core:WithinOneYear2025-03-1907663111core:ListedExchangeTraded2025-03-1907663111core:UnlistedNon-exchangeTraded2025-03-1907663111core:ShareCapital2025-03-1907663111core:SharePremium2025-03-1907663111core:RevaluationReserve2025-03-1907663111core:OtherReservesSubtotal2025-03-1907663111core:RetainedEarningsAccumulatedLosses2025-03-1907663111core:NetGoodwill2024-03-3107663111core:IntangibleAssetsOtherThanGoodwill2024-03-3107663111core:LandBuildings2024-03-3107663111core:PlantMachinery2024-03-3107663111core:Vehicles2024-03-3107663111core:FurnitureFittings2024-03-3107663111core:OfficeEquipment2024-03-3107663111core:AfterOneYear2024-03-3107663111core:WithinOneYear2024-03-3107663111core: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HALDANE HOUSE LIMITED

Registered Number
07663111
(England and Wales)

Unaudited Financial Statements for the Period ended
19 March 2025

HALDANE HOUSE LIMITED
Company Information
for the period from 1 April 2024 to 19 March 2025

Director

BHATTI, Bhanu

Registered Address

71-75 Shelton Street
Covent Garden
London
WC2H 9JQ

Registered Number

07663111 (England and Wales)
HALDANE HOUSE LIMITED
Balance Sheet as at
19 March 2025

Notes

2025

2024

£

£

£

£

Fixed assets
Tangible assets39,10211,370
9,10211,370
Current assets
Debtors4252,055493,314
Cash at bank and on hand210210
252,265493,524
Creditors amounts falling due within one year5(174,833)(387,202)
Net current assets (liabilities)77,432106,322
Total assets less current liabilities86,534117,692
Creditors amounts falling due after one year6(3,765)(13,073)
Provisions for liabilities7-(2,779)
Net assets82,769101,840
Capital and reserves
Called up share capital11
Profit and loss account82,768101,839
Shareholders' funds82,769101,840
The financial statements were approved and authorised for issue by the Director on 10 July 2025, and are signed on its behalf by:
BHATTI, Bhanu
Director
Registered Company No. 07663111
HALDANE HOUSE LIMITED
Notes to the Financial Statements
for the period ended 19 March 2025

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.
Statement of compliance
The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Revenue from sale of goods
Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.
Employee benefits
Short-term employee benefits are measured at the undiscounted amount expected to be paid in exchange for the employee's services to the company. Where employees have accrued short-term benefits which the entity has not paid by the balance sheet date, an accrual is recognised within creditors: amounts falling due within one year together with an associated expense in profit or loss. The liabilities are classified as current obligations in the statement of financial position because they are expected to be settled wholly within twelve months after the end of the period.
Defined contribution pension plan
The company operates a defined contribution pension plan for the benefit of its employees. Contributions are recognised as expenses as they become payable. Differences between contributions payable in the year and those actually paid are recognised as either prepayments or accruals in the balance sheet. The assets of the defined contribution pension scheme are held separately from those of the company in an independently administered fund.
Borrowing costs
Borrowing costs directly attributable to the acquisition, construction or production of qualifying assets, which are assets that necessarily take a substantial period of time to get ready for their intended use or sale, are added to the cost of those assets, until such time as the assets are substantially ready for their intended use or sale. Investment income earned on the temporary investment of specific borrowings pending their expenditure on qualifying assets is deducted from the borrowing costs eligible for capitalisation. All other borrowing costs are recognised in profit or loss in the period in which they are incurred.
Current taxation
Current tax is recognised in profit or loss, except for taxes related to revaluations of land and buildings which are recognised in other comprehensive income. Current tax represents the amount of tax payable (receivable) in respect of taxable profit (loss) for the current, or past, reporting periods. Current tax is measured at the amount expected to be paid (recovered) using the tax rates and laws which have been enacted, or substantively enacted, by the balance sheet date. Where payments to HM Revenue and Customs exceed liabilities owed, an asset is recognised to the extent of the amount of tax recoverable.
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.
Tangible fixed assets and depreciation
All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

Reducing balance (%)
Plant and machinery25
Fixtures and fittings20
Vehicles25
Trade and other debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Cash and cash equivalents
Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less. Bank overdrafts are disclosed separately. For the purpose of the cash flow statement, bank overdrafts form an integral part of the company's cash management and are included as a component of cash and cash equivalents.
Trade and other creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Financial instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at transaction price and measured at amortised cost using the effective interest method. Where investments in non-derivative financial instruments are publicly traded, or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value through profit and loss. All other investments are subsequently measured at cost less impairment. Financial assets which are measured at cost or amortised cost are reviewed for objective evidence of impairment at each balance sheet date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately. All equity instruments, regardless of significance, and other financial assets that are individually significant, are assessed individually for impairment.
2.Average number of employees

20252024
Average number of employees during the year3129
3.Tangible fixed assets

Plant & machinery

Fixtures & fittings

Total

£££
Cost or valuation
At 01 April 2414,47021,80936,279
At 19 March 2514,47021,80936,279
Depreciation and impairment
At 01 April 2413,04611,86324,909
Charge for year3441,9242,268
At 19 March 2513,39013,78727,177
Net book value
At 19 March 251,0808,0229,102
At 31 March 241,4249,94611,370
4.Debtors: amounts due within one year

2025

2024

££
Trade debtors / trade receivables41,33214,062
Amounts owed by group undertakings245173,852
Other debtors207,030304,180
Prepayments and accrued income3,4481,220
Total252,055493,314
5.Creditors: amounts due within one year

2025

2024

££
Trade creditors / trade payables20,89825,052
Bank borrowings and overdrafts22,21961,601
Amounts owed to related parties-201,092
Taxation and social security46,10083,824
Other creditors42,2643,448
Accrued liabilities and deferred income43,35212,185
Total174,833387,202
6.Creditors: amounts due after one year

2025

2024

££
Bank borrowings and overdrafts3,76513,073
Total3,76513,073
7.Provisions for liabilities

2025

2024

££
Other provisions-2,779
Total-2,779
8.Directors advances, credits and guarantees

Brought forward

Amount advanced

Amount repaid

Carried forward

££££
ATKINSON, Rowen Edward Michael232,90419,996146,430106,470
Loans to director
232,90419,996146,430106,470
During the year, the company paid rent of £63,500 (2023 - £97,908) to the director in respect of its business premises. At the yeat end the director had loans outstanding to the company as set out above on which interest is charged at the HMRC beneficial loan rate prevailing during the year of 2.25%. The loan is repayable on demand.