HAKA Investments Limited 11050907 false 2024-04-01 2025-03-31 2025-03-31 The principal activity of the company is that of an investment company Digita Accounts Production Advanced 6.30.9574.0 true 11050907 2024-04-01 2025-03-31 11050907 2025-03-31 11050907 core:RetainedEarningsAccumulatedLosses 2025-03-31 11050907 core:ShareCapital 2025-03-31 11050907 core:CurrentFinancialInstruments core:WithinOneYear 2025-03-31 11050907 core:Non-currentFinancialInstruments 2025-03-31 11050907 core:Non-currentFinancialInstruments core:AfterOneYear 2025-03-31 11050907 core:FurnitureFittingsToolsEquipment 2025-03-31 11050907 core:LandBuildings 2025-03-31 11050907 core:OtherPropertyPlantEquipment 2025-03-31 11050907 bus:SmallEntities 2024-04-01 2025-03-31 11050907 bus:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 11050907 bus:FilletedAccounts 2024-04-01 2025-03-31 11050907 bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 11050907 bus:RegisteredOffice 2024-04-01 2025-03-31 11050907 bus:Director2 2024-04-01 2025-03-31 11050907 bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 11050907 bus:Agent1 2024-04-01 2025-03-31 11050907 core:FurnitureFittings 2024-04-01 2025-03-31 11050907 core:FurnitureFittingsToolsEquipment 2024-04-01 2025-03-31 11050907 core:LandBuildings 2024-04-01 2025-03-31 11050907 core:OtherPropertyPlantEquipment 2024-04-01 2025-03-31 11050907 core:PlantMachinery 2024-04-01 2025-03-31 11050907 core:OtherRelatedParties 2024-04-01 2025-03-31 11050907 countries:EnglandWales 2024-04-01 2025-03-31 11050907 2024-03-31 11050907 core:CostValuation core:Non-currentFinancialInstruments 2024-03-31 11050907 core:FurnitureFittingsToolsEquipment 2024-03-31 11050907 core:LandBuildings 2024-03-31 11050907 core:OtherPropertyPlantEquipment 2024-03-31 11050907 2023-04-01 2024-03-31 11050907 2024-03-31 11050907 core:RetainedEarningsAccumulatedLosses 2024-03-31 11050907 core:ShareCapital 2024-03-31 11050907 core:CurrentFinancialInstruments core:WithinOneYear 2024-03-31 11050907 core:Non-currentFinancialInstruments 2024-03-31 11050907 core:Non-currentFinancialInstruments core:AfterOneYear 2024-03-31 11050907 core:FurnitureFittingsToolsEquipment 2024-03-31 11050907 core:LandBuildings 2024-03-31 11050907 core:OtherPropertyPlantEquipment 2024-03-31 iso4217:GBP xbrli:pure

Registration number: 11050907

HAKA Investments Limited
Unaudited Abridged Financial Statements
(Companies House version)
for the Year Ended 31 March 2025

HAKA Investments Limited

Contents

Accountants' Report | 1
Abridged Balance Sheet | 2 to 3
Notes to the Unaudited Abridged Financial Statements | 4 to 8

Chartered Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
HAKA Investments Limited
for the Year Ended 31 March 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of HAKA Investments Limited for the year ended 31 March 2025 as set out on pages 2 to 8 from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com/en/members/regulations-standards-and-guidance/.

This report is made solely to the Board of Directors of HAKA Investments Limited, 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 HAKA Investments Limited and state those matters that we have agreed to state to the Board of Directors of HAKA Investments Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than HAKA Investments Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that HAKA Investments Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of HAKA Investments Limited. You consider that HAKA Investments Limited 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 HAKA Investments Limited. 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.

......................................
Page Kirk LLP
Chartered Accountants
Sherwood House
7 Gregory Boulevard
Nottingham
NG7 6LB

11 November 2025

HAKA Investments Limited

(Registration number: 11050907)
Abridged Balance Sheet as at 31 March 2025

| Note | 2025 | 2024
|  | £ | £ | £ | £
Fixed assets |  |  |  |  |
Tangible assets | 4 |  | 485,488 |  | 486,085
Investments | 5 |  | 1,087,697 |  | 1,087,697
|  |  | 1,573,185 |  | 1,573,782
Current assets |  |  |  |  |
Debtors |  | 15,118 |  | - |
Cash at bank and in hand |  | 99 |  | 91 |
|  | 15,217 |  | 91 |
Creditors: Amounts falling due within one year | 6.1 | (387,612) |  | (336,372) |
Net current liabilities |  |  | (372,395) |  | (336,281)
Total assets less current liabilities |  |  | 1,200,790 |  | 1,237,501
Creditors: Amounts falling due after more than one year | 6.2 |  | (1,197,610) |  | (1,234,082)
Provisions for liabilities |  |  | (1,276) |  | (1,651)
Net assets |  |  | 1,904 |  | 1,768
Capital and reserves |  |  |  |  |
Called up share capital |  | 100 |  | 100 |
Profit and loss account |  | 1,804 |  | 1,668 |
Total equity |  |  | 1,904 |  | 1,768

HAKA Investments Limited

(Registration number: 11050907)
Abridged Balance Sheet as at 31 March 2025

For the financial year ending 31 March 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.

All of the company’s members have consented to the preparation of an Abridged Balance Sheet in accordance with Section 444(2A) of the Companies Act 2006.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 11 November 2025 and signed on its behalf by:

.........................................

Dr K Khosla

Director

HAKA Investments Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 March 2025

1 | General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Sherwood House
7 Gregory Boulevard
Nottingham
Nottinghamshire
NG7 6LB

These financial statements were authorised for issue by the Board on 11 November 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.

Basis of preparation of financial statements

These financial statements were prepared under the historical cost convention in accordance with applicable United Kingdom accounting standards, including the Financial Reporting Standard 102 ('FRS 102') Section 1A small entities, and with the Companies Act 2006.

Group accounts not prepared

The company has taken advantage of the exemption in section 398 of the Companies Act 2006 from the requirement to prepare consolidated financial statements, on the grounds that it is a small sized group.

Tax

The tax expense for the period comprises deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.
Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

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.

HAKA Investments Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 March 2025

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
Land and Buildings | Revaluation method
Freehold property improvements | 2% Straight line
Fixtures and fittings | 15% Reducing balance

Business combinations

Business combinations are accounted for using the purchase method. The consideration for each acquisition is measured at the aggregate of the fair values at acquisition date of assets given, liabilities incurred or assumed, and equity instruments issued by the group in exchange for control of the acquired, plus any costs directly attributable to the business combination. When a business combination agreement provides for an adjustment to the cost of the combination contingent on future events, the group includes the estimated amount of that adjustment in the cost of the combination at the acquisition date if the adjustment is probable and can be measured reliably.

Investments

Investments in equity shares which are publicly traded or where the fair value can be measured reliably are initially measured at fair value, with changes in fair value recognised in profit or loss. Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.
Interest income on debt securities, where applicable, is recognised in income using the effective interest method. Dividends on equity securities are recognised in income when receivable.

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.

HAKA Investments Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 March 2025

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.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3 | Staff numbers

During the year, the average number of employees at the company was 2 (2024 - 2).

HAKA Investments Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 March 2025

4 | Tangible assets

| Land and buildings £ | Fixtures and fittings £ | Freehold property improvements £ | Total £
Cost or valuation
At 1 April 2024 | 478,770 | 7,672 | 4,341 | 490,783
At 31 March 2025 | 478,770 | 7,672 | 4,341 | 490,783
Depreciation
At 1 April 2024 | - | 4,268 | 430 | 4,698
Charge for the year | - | 511 | 86 | 597
At 31 March 2025 | - | 4,779 | 516 | 5,295
Carrying amount
At 31 March 2025 | 478,770 | 2,893 | 3,825 | 485,488
At 31 March 2024 | 478,770 | 3,404 | 3,911 | 486,085

5 | Investments

| Total £
Cost or valuation
At 1 April 2024 | 1,087,697
Provision
Carrying amount
At 31 March 2025 | 1,087,697
At 31 March 2024 | 1,087,697

6 | Creditors

Creditors: amounts falling due within one year

Creditors include bank loans which are secured of £35,833 (2024 - £30,242).
Bank loans are secured over three legal charges with Barclays Security Trustees Limited. These are secured against:
- 84 Walsall Road, West Bromwich
- 316 Chester Road, Streetly, Sutton Coldfield
- fixed charge, floating charge, floating charge covers all the property or undertaking of the company and negative pledge

HAKA Investments Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 March 2025

Creditors: amounts falling due after more than one year

Creditors include bank loans which are secured of £1,197,610 (2024 - £1,234,082).
Bank loans are secured over three legal charges with Barclays Security Trustees Limited. These are secured against:
- 84 Walsall Road, West Bromwich
- 316 Chester Road, Streetly, Sutton Coldfield
- fixed charge, floating charge, floating charge covers all the property or undertaking of the company and negative pledge

7 | Related party transactions

Summary of transactions with other related parties

At the balance sheet date, the directors owed the company £15,118. This has been repaid in the following accounting period.