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Registration number: 13125129

Hapi Stuff Ltd
Annual Report and Unaudited Financial Statements
for the Year Ended 31 January 2025

Hapi Stuff Ltd

Company Information

Directors | Yasir Habib Dilshad Habib

Registered office | 5 Campus Avenue Degenham England RM8 2FW

Accountants | NZK Accountants And Tax Advisers Ltd Chartered Certified Accountants63 Althorne Gardens London, England E18 2DB

Hapi Stuff Ltd

Directors' Report for the Year Ended 31 January 2025

The directors present their report and the financial statements for the year ended 31 January 2025.

Directors of the company

The directors who held office during the year were as follows:

Yasir Habib

Dilshad Habib

Principal activity

The principal activity of the company is Wholesale of household goods and retail sales.

Review of business

The results for the year and financial position of the company are as shown in the annexed financial statements.

Taxation Status
The company is a close company within the provision of the Income and Corporation Taxes Act 2010.

Fixed Assets
Changes in fixed assets are given in note 5 to the financial statements.
Related party transactions
Except as stated in notes 10 & 11 to the financial statements, none of the directors had any other material interest at any time during the year in any contract of significance in relation to the business of the company.

Small companies provision statement

This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the Board on 24 October 2025 and signed on its behalf by:

......................................... Yasir Habib Director

Chartered Certified Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
Hapi Stuff Ltd
for the Year Ended 31 January 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Hapi Stuff Ltd for the year ended 31 January 2025 as set out on pages 4 to 12 from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal.com/gb/en/member/standards/rules-and-standards/rulebook.html.

This report is made solely to the Board of Directors of Hapi Stuff Ltd, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Hapi Stuff Ltd and state those matters that we have agreed to state to the Board of Directors of Hapi Stuff Ltd, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/gb/en/technical-activities/technical-resources-search/2009/
october/factsheet-163-audit-exempt-companies.html. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Hapi Stuff Ltd and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Hapi Stuff Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of Hapi Stuff Ltd. You consider that Hapi Stuff Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of Hapi Stuff Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

......................................
NZK Accountants And Tax Advisers Ltd
Chartered Certified Accountants
63 Althorne Gardens
London, England
E18 2DB

24 October 2025

Hapi Stuff Ltd

Profit and Loss Account for the Year Ended 31 January 2025

| Note | 2025 £ | 2024 £
Turnover |  | 43,809 | 17,872
Cost of sales |  | (37,612) | (15,043)
Gross profit |  | 6,197 | 2,829
Administrative expenses |  | (8,997) | (3,037)
Operating loss |  | (2,800) | (208)
Loss before tax | 4 | (2,800) | (208)
Loss for the financial year |  | (2,800) | (208)

The above results were derived from continuing operations.

The company has no recognised gains or losses for the year other than the results above.

Hapi Stuff Ltd

Statement of Comprehensive Income for the Year Ended 31 January 2025

| 2025 £ | 2024 £
Loss for the year | (2,800) | (208)
Total comprehensive income for the year | (2,800) | (208)

Hapi Stuff Ltd

(Registration number: 13125129)
Balance Sheet as at 31 January 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Tangible assets | 5 | 233 | 50
Current assets |  |  |
Stocks | 6 | 16,843 | 24,144
Debtors | 7 | 13,458 | 4,535
Cash at bank and in hand |  | 7,490 | 6,621
|  | 37,791 | 35,300
Creditors: Amounts falling due within one year | 8 | (38,980) | (33,506)
Net current (liabilities)/assets |  | (1,189) | 1,794
Net (liabilities)/assets |  | (956) | 1,844
Capital and reserves |  |  |
Called up share capital | 9 | 1 | 1
Retained earnings |  | (957) | 1,843
Shareholders' (deficit)/funds |  | (956) | 1,844

For the financial 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.

Directors' 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; and
• | The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Republic of Ireland’.

Approved and authorised by the Board on 24 October 2025 and signed on its behalf by:

......................................... Yasir Habib Director

Hapi Stuff Ltd

Statement of Changes in Equity for the Year Ended 31 January 2025

| Share capital £ | Retained earnings £ | Total £
At 1 February 2024 | 1 | 1,843 | 1,844
Loss for the year | - | (2,800) | (2,800)
At 31 January 2025 | 1 | (957) | (956)

| Share capital £ | Retained earnings £ | Total £
At 1 February 2023 | 1 | 2,051 | 2,052
Loss for the year | - | (208) | (208)
At 31 January 2024 | 1 | 1,843 | 1,844

Hapi Stuff Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2025

1 | General information

The company is a private company limited by share capital, incorporated in UK.

The address of its registered office is:
5 Campus Avenue
Degenham
England
RM8 2FW

These financial statements were authorised for issue by the Board on 24 October 2025.

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class | Depreciation method and rate
Fixtures & fittings | 10% on cost
Office equipment | 10% on cost

Hapi Stuff Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2025

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.
The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.
Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.
Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Hapi Stuff Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2025

3 | Staff numbers

The average number of persons employed by the company (including directors) during the year, was 1 (2024 - 1).

4 | Loss before tax

Arrived at after charging/(crediting)

| 2025 £ | 2024 £
Depreciation expense | 17 | 7

Hapi Stuff Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2025

5 | Tangible assets

| Fixtures and fittings £ | Office equipment £ | Total £
Cost or valuation
At 1 February 2024 | 71 | - | 71
Additions | - | 200 | 200
At 31 January 2025 | 71 | 200 | 271
Depreciation
At 1 February 2024 | 21 | - | 21
Charge for the year | 7 | 10 | 17
At 31 January 2025 | 28 | 10 | 38
Carrying amount
At 31 January 2025 | 43 | 190 | 233
At 31 January 2024 | 50 | - | 50

6 | Stocks

| 2025 £ | 2024 £
Finished goods and goods for resale | 16,843 | 24,144

7 | Debtors

Current | 2025 £ | 2024 £
Trade debtors | 13,458 | 752
VAT | - | 3,783
| 13,458 | 4,535

Hapi Stuff Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2025

8 | Creditors

Creditors: amounts falling due within one year

| Note | 2025 £ | 2024 £
Due within one year |  |  |
Shareholder loan account | 10 | 26,660 | 24,160
Trade creditors |  | 9,015 | 7,840
VAT |  | 1,487 | -
Accruals |  | 300 | 300
Directors loan account |  | 1,518 | 1,206
|  | 38,980 | 33,506

9 | Share capital

Allotted, called up and fully paid shares

| 2025 | 2024
| No. | £ | No. | £
Ordinary shares of £1 each | 1 | 1 | 1 | 1

10 | Loans and borrowings

Current loans and borrowings

| 2025 £ | 2024 £
Shareholders loan account | 26,660 | 24,160

11 | Related party transactions

Transactions with directors

2025 | At 1 February 2024 £ | Advances to director £ | At 31 January 2025 £
Loan from directors | 1,206 | 312 | 1,518

2024 | At 1 February 2023 £ | At 31 January 2024 £
Loan from directors | 1,206 | 1,206