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Company Registration No. 11762737 (England and Wales)
HATS WORLD (MCR) LTD Unaudited accounts for the year ended 31 January 2025
HATS WORLD (MCR) LTD Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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HATS WORLD (MCR) LTD Company Information for the year ended 31 January 2025
Director
Mr Rahmellah Ullah
Company Number
11762737 (England and Wales)
Registered Office
49 BROUGHTON STREET MANCHESTER M8 8AN ENGLAND
Accountants
AY Accountants LLP 2nd floor, 6 Oxford street Bolton Greater Manchester BL1 1RF
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HATS WORLD (MCR) LTD Statement of financial position as at 31 January 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
10,741 
14,321 
Current assets
Inventories
281,440 
250,755 
Debtors
5
212,633 
256,651 
Cash at bank and in hand
203,517 
402,022 
697,590 
909,428 
Creditors: amounts falling due within one year
6
184,754 
(243,208)
Net current assets
882,344 
666,220 
Net assets
893,085 
680,541 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
892,985 
680,441 
Shareholders' funds
893,085 
680,541 
For the 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. The members have 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 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 and authorised for issue on 29 October 2025 and were signed on its behalf by
Mr Rahmellah Ullah Director Company Registration No. 11762737
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HATS WORLD (MCR) LTD Notes to the Accounts for the year ended 31 January 2025
1
Statutory information
HATS WORLD (MCR) LTD is a private company, limited by shares, registered in England and Wales, registration number 11762737. The registered office is 49 BROUGHTON STREET, MANCHESTER, M8 8AN, ENGLAND.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
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:
Motor vehicles
25% Reducing Balance Method
Fixtures & fittings
25% Reducing Balance Method
Computer equipment
25% Reducing Balance Method
4
Tangible fixed assets
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 February 2024
22,790 
1,611 
8,409 
32,810 
At 31 January 2025
22,790 
1,611 
8,409 
32,810 
Depreciation
At 1 February 2024
13,166 
1,006 
4,317 
18,489 
Charge for the year
2,406 
151 
1,023 
3,580 
At 31 January 2025
15,572 
1,157 
5,340 
22,069 
Net book value
At 31 January 2025
7,218 
454 
3,069 
10,741 
At 31 January 2024
9,624 
605 
4,092 
14,321 
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HATS WORLD (MCR) LTD Notes to the Accounts for the year ended 31 January 2025
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Trade debtors
87,038 
66,033 
Other debtors
125,595 
190,618 
212,633 
256,651 
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
VAT
38,258 
6,557 
Trade creditors
(358,694)
142,495 
Taxes and social security
97,666 
81,707 
Other creditors
10,713 
2,019 
Accruals
23,576 
2,000 
Deferred income
3,727 
8,430 
(184,754)
243,208 
7
Transactions with related parties
Rahmellah Ullah (director) controls the company by his and his associate's 100% ownership of the company's share capital. During the year dividends were paid to Rahmellah Ullah (director) amounting to £74,000 (2024: £74,000)
8
Average number of employees
During the year the average number of employees was 9 (2024: 9).
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