Company Registration No. 12781970 (England and Wales)
HAI Trading Ltd
Unaudited accounts
for the year ended 31 July 2025
HAI Trading Ltd
Unaudited accounts
Contents
HAI Trading Ltd
Company Information
for the year ended 31 July 2025
Directors
Lee Bailey
Lisa Bailey
Company Number
12781970 (England and Wales)
Registered Office
61 Plodder Lane
Farnworth
Bolton
BL4 0BX
Accountants
Daniel Sam Limited
61 Plodder Lane
Farnworth
Bolton
BL4 0BX
HAI Trading Ltd
Statement of financial position
as at 31 July 2025
Tangible assets
2,515
2,571
Cash at bank and in hand
60,572
13,837
Creditors: amounts falling due within one year
(64,071)
(21,902)
Net current assets
30,289
9,494
Total assets less current liabilities
32,804
12,065
Creditors: amounts falling due after more than one year
-
(11,088)
Provisions for liabilities
Called up share capital
1
1
Profit and loss account
32,174
487
Shareholders' funds
32,175
488
For the year ending 31 July 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 4 September 2025 and were signed on its behalf by
Lisa Bailey
Director
Company Registration No. 12781970
HAI Trading Ltd
Notes to the Accounts
for the year ended 31 July 2025
HAI Trading Ltd is a private company, limited by shares, registered in England and Wales, registration number 12781970. The registered office is 61 Plodder Lane, Farnworth, Bolton, BL4 0BX.
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% on reducing balance
Fixtures & fittings
20% on reducing balance
Computer equipment
20% on reducing balance
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
HAI Trading Ltd
Notes to the Accounts
for the year ended 31 July 2025
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 August 2024
858
2,832
1,858
5,548
At 31 July 2025
1,030
3,225
1,858
6,113
At 1 August 2024
529
1,535
913
2,977
Charge for the year
94
338
189
621
At 31 July 2025
623
1,873
1,102
3,598
At 31 July 2025
407
1,352
756
2,515
At 31 July 2024
329
1,297
945
2,571
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2025
2024
Trade creditors
8,337
8,059
Taxes and social security
20,735
2,396
Loans from directors
14,434
-
7
Creditors: amounts falling due after more than one year
2025
2024
8
Average number of employees
During the year the average number of employees was 3 (2024: 3).