Acorah Software Products - Accounts Production 16.5.460 false true 30 November 2023 1 December 2022 false 1 December 2023 30 November 2024 30 November 2024 12305668 Mr Hamzah Soukat Alli Haute World Group Limited true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12305668 2023-11-30 12305668 2024-11-30 12305668 2023-12-01 2024-11-30 12305668 frs-core:CurrentFinancialInstruments 2024-11-30 12305668 frs-core:Non-currentFinancialInstruments 2024-11-30 12305668 frs-core:ShareCapital 2024-11-30 12305668 frs-core:RetainedEarningsAccumulatedLosses 2024-11-30 12305668 frs-bus:PrivateLimitedCompanyLtd 2023-12-01 2024-11-30 12305668 frs-bus:FilletedAccounts 2023-12-01 2024-11-30 12305668 frs-bus:SmallEntities 2023-12-01 2024-11-30 12305668 frs-bus:AuditExempt-NoAccountantsReport 2023-12-01 2024-11-30 12305668 frs-bus:SmallCompaniesRegimeForAccounts 2023-12-01 2024-11-30 12305668 1 2023-12-01 2024-11-30 12305668 frs-bus:Director1 2023-12-01 2024-11-30 12305668 frs-countries:EnglandWales 2023-12-01 2024-11-30 12305668 2022-11-30 12305668 2023-11-30 12305668 2022-12-01 2023-11-30 12305668 frs-core:CurrentFinancialInstruments 2023-11-30 12305668 frs-core:Non-currentFinancialInstruments 2023-11-30 12305668 frs-core:ShareCapital 2023-11-30 12305668 frs-core:RetainedEarningsAccumulatedLosses 2023-11-30
Registered number: 12305668
Haute World Franchise Limited
Unaudited Financial Statements
For The Year Ended 30 November 2024
Smith Hannah Limited
Chartered Certified Accountants
50 Woodgate
Leicester
LE3 5GF
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 12305668
2024 2023
Notes £ £ £ £
CURRENT ASSETS
Debtors 4 153,532 113,924
Cash at bank and in hand 5,005 2
158,537 113,926
Creditors: Amounts Falling Due Within One Year 5 (97,472 ) (47,234 )
NET CURRENT ASSETS (LIABILITIES) 61,065 66,692
TOTAL ASSETS LESS CURRENT LIABILITIES 61,065 66,692
NET ASSETS 61,065 66,692
CAPITAL AND RESERVES
Called up share capital 100 100
Profit and Loss Account 60,965 66,592
SHAREHOLDERS' FUNDS 61,065 66,692
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Page 2
For the year ending 30 November 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Hamzah Soukat Alli
Director
21 August 2025
The notes on pages 3 to 4 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Haute World Franchise Limited is a private company, limited by shares, incorporated in England & Wales, registered number 12305668 . The registered office is 50 Woodgate, Leicester, LE3 5GF.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
2.3. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and asset reflects the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: NIL)
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4. Debtors
2024 2023
£ £
Due within one year
Trade debtors 42,886 3,174
Other taxes and social security 7,188 650
Amounts owed by group undertakings 49,308 50,950
99,382 54,774
Due after more than one year
Other debtors 26,450 31,450
Amounts owed by group undertakings 27,700 27,700
54,150 59,150
153,532 113,924
5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 36,351 15,936
Other creditors 61,121 31,298
97,472 47,234
6. Ultimate Controlling Party
The company's ultimate controlling party is Haute World Group Limited by virtue of his ownership of 100% of the issued share capital in the company.
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