Haid Ltd - Accounts

Haid Ltd
Statement of Financial Position
As at 31 March 2025

	Notes	2025 £	2024 £
Fixed assets
Tangible fixed assets	3	1,700	524
		1,700	524
Current assets
Debtors	4	30,135	4,223
Cash at bank and in hand		72,941	97,983
		103,076	102,206
Creditors: amount falling due within one year	5	(20,190)	(12,666)
Net current assets		82,886	89,540

Total assets less current liabilities		84,586	90,064
Provisions for liabilities	6	(323)	0
Net assets		84,263	90,064

Capital and reserves
Called up share capital	7	2	2
Profit and loss account		84,261	90,062
Shareholders' funds		84,263	90,064

For the year ended 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. In accordance with Section 444 of the Companies Act 2006, the income statement has not been delivered to the Registrar of Companies.

The financial statements were approved by the director on 30 September 2025 and were signed by:

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Mr I A McDougall
Director

Haid Ltd
Notes to the Financial Statements
For the year ended 31 March 2025

General Information

Haid Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration number 08881901.

Accounting policies

Significant accounting policies

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)

Turnover

Turnover comprises the invoiced value of services supplied by the company, net of Value Added Tax and trade discounts.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred taxation

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that
have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Fixtures and Fittings	33.33% Straight Line
Computer Equipment	33.33% Straight Line

Provisions

Provisions are recognised when the company has a present obligation as a result of a past event which it is more probable than not will result in an outflow of economic benefits that can be reasonably estimated.

2.	Average number of employees Average number of employees during the year was 1 (2024 : 1).

Tangible fixed assets

Cost or valuation	Fixtures and Fittings	Computer Equipment	Total
	£	£	£
At 01 April 2024	421	4,382	4,803
Additions	-	2,120	2,120
Disposals	-	-	-
At 31 March 2025	421	6,502	6,923
Depreciation
At 01 April 2024	421	3,858	4,279
Charge for year	-	944	944
On disposals	-	-	-
At 31 March 2025	421	4,802	5,223
Net book values
Closing balance as at 31 March 2025	-	1,700	1,700
Opening balance as at 01 April 2024	-	524	524

Debtors

	2025 £	2024 £
Prepayments & Accrued Income	506	413
Accrued Income	4,500	3,600
PAYE & Social Security	0	210
Directors' Current Accounts	25,129	0
	30,135	4,223

Creditors: amount falling due within one year

	2025 £	2024 £
Corporation Tax	3,101	2,665
PAYE & Social Security	892	0
Directors' Current Accounts	0	556
VAT	16,197	9,445
	20,190	12,666

Provisions for liabilities

	2025 £		2024 £
Deferred Tax	323		0
	323		0

Share Capital

Allotted, called up and fully paid	2025 £		2024 £
2 Ordinary shares of £1.00 each	2		2
	2		2

8.	Director’s loan

Mr I McDougall

Particulars		Current £
At 1 April 2024		(556)
Advances to director		58,715
Repayments by director		(33,030)
At 31 March 2025		25,129

The loan is charged with 2.25% interest and repayable on demand.

9.	Dividend During the year, total dividends of £20,000 (2024 - nil) were paid to the director.

Registered Number: 08881901
England and Wales
HAID LTD

Unaudited Financial Statements

Period of accounts Start date: 01 April 2024 End date: 31 March 2025