Company Registration No. 13847674 (England and Wales)
Haq Group Ltd
Unaudited accounts
for the year ended 31 January 2025
Haq Group Ltd
Unaudited accounts
Contents
Haq Group Ltd
Company Information
for the year ended 31 January 2025
Company Number
13847674 (England and Wales)
Registered Office
15a Todmorden Road
Burnley
Lancashire
BB10 4AB
England
Accountants
SAGHIR AHMAD & COMPANY, INTERNATIONAL ACCOUNTANTS
2nd Floor
33 Bent Street
Cheetham Hill
Manchester
M8 8NW
Haq Group Ltd
Statement of financial position
as at 31 January 2025
Cash at bank and in hand
1,066
111
Creditors: amounts falling due within one year
(15,418)
(12,611)
Net current liabilities
(837)
(589)
Net assets/(liabilities)
2,063
(589)
Called up share capital
100
100
Profit and loss account
1,963
(689)
Shareholders' funds
2,063
(589)
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 15 October 2025 and were signed on its behalf by
ASIM HAQ
Director
Company Registration No. 13847674
Haq Group Ltd
Notes to the Accounts
for the year ended 31 January 2025
Haq Group Ltd is a private company, limited by shares, registered in England and Wales, registration number 13847674. The registered office is 15a Todmorden Road, Burnley, Lancashire, BB10 4AB, 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.
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.
The accounts are presented in £ sterling.
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.
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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Fixtures & fittings
20% Per annum reducing balance method
Computer equipment
20% Per annum reducing balance method
Haq Group Ltd
Notes to the Accounts
for the year ended 31 January 2025
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
Additions
2,500
1,125
3,625
At 31 January 2025
2,500
1,125
3,625
Charge for the year
500
225
725
At 31 January 2025
500
225
725
At 31 January 2025
2,000
900
2,900
Amounts falling due within one year
Other debtors
8,415
11,911
6
Creditors: amounts falling due within one year
2025
2024
Other creditors
10,441
10,984
Loans from directors
3,827
1,377
7
Average number of employees
During the year the average number of employees was 2 (2024: 1).