IRIS Accounts Production v25.4.0.155 07110875 Board of Directors 1.1.24 31.3.25 31.3.25 false true false false true false iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 07110875 2023-12-31 07110875 2025-03-31 07110875 2024-01-01 2025-03-31 07110875 2022-12-31 07110875 2023-01-01 2023-12-31 07110875 2023-12-31 07110875 ns15:EnglandWales 2024-01-01 2025-03-31 07110875 ns14:PoundSterling 2024-01-01 2025-03-31 07110875 ns10:Director1 2024-01-01 2025-03-31 07110875 ns10:PrivateLimitedCompanyLtd 2024-01-01 2025-03-31 07110875 ns10:SmallEntities 2024-01-01 2025-03-31 07110875 ns10:AuditExempt-NoAccountantsReport 2024-01-01 2025-03-31 07110875 ns10:SmallCompaniesRegimeForDirectorsReport 2024-01-01 2025-03-31 07110875 ns10:SmallCompaniesRegimeForAccounts 2024-01-01 2025-03-31 07110875 ns10:FullAccounts 2024-01-01 2025-03-31 07110875 ns10:Director2 2024-01-01 2025-03-31 07110875 ns10:Director3 2024-01-01 2025-03-31 07110875 ns10:RegisteredOffice 2024-01-01 2025-03-31 07110875 ns5:CurrentFinancialInstruments 2025-03-31 07110875 ns5:CurrentFinancialInstruments 2023-12-31 07110875 ns5:Non-currentFinancialInstruments 2025-03-31 07110875 ns5:Non-currentFinancialInstruments 2023-12-31 07110875 ns5:ShareCapital 2025-03-31 07110875 ns5:ShareCapital 2023-12-31 07110875 ns5:RetainedEarningsAccumulatedLosses 2025-03-31 07110875 ns5:RetainedEarningsAccumulatedLosses 2023-12-31 07110875 ns5:LeaseholdImprovements 2024-01-01 2025-03-31 07110875 ns5:PlantMachinery 2024-01-01 2025-03-31 07110875 ns5:FurnitureFittings 2024-01-01 2025-03-31 07110875 ns5:MotorVehicles 2024-01-01 2025-03-31 07110875 ns5:LeaseholdImprovements 2023-12-31 07110875 ns5:PlantMachinery 2023-12-31 07110875 ns5:FurnitureFittings 2023-12-31 07110875 ns5:MotorVehicles 2023-12-31 07110875 ns5:LeaseholdImprovements 2025-03-31 07110875 ns5:PlantMachinery 2025-03-31 07110875 ns5:FurnitureFittings 2025-03-31 07110875 ns5:MotorVehicles 2025-03-31 07110875 ns5:LeaseholdImprovements 2023-12-31 07110875 ns5:PlantMachinery 2023-12-31 07110875 ns5:FurnitureFittings 2023-12-31 07110875 ns5:MotorVehicles 2023-12-31 07110875 ns5:PlantMachinery ns5:LeasedAssetsHeldAsLessee 2023-12-31 07110875 ns5:MotorVehicles ns5:LeasedAssetsHeldAsLessee 2023-12-31 07110875 ns5:LeasedAssetsHeldAsLessee 2023-12-31 07110875 ns5:PlantMachinery ns5:LeasedAssetsHeldAsLessee 2024-01-01 2025-03-31 07110875 ns5:MotorVehicles ns5:LeasedAssetsHeldAsLessee 2024-01-01 2025-03-31 07110875 ns5:LeasedAssetsHeldAsLessee 2024-01-01 2025-03-31 07110875 ns5:PlantMachinery ns5:LeasedAssetsHeldAsLessee 2025-03-31 07110875 ns5:MotorVehicles ns5:LeasedAssetsHeldAsLessee 2025-03-31 07110875 ns5:LeasedAssetsHeldAsLessee 2025-03-31 07110875 ns5:PlantMachinery ns5:LeasedAssetsHeldAsLessee 2023-12-31 07110875 ns5:MotorVehicles ns5:LeasedAssetsHeldAsLessee 2023-12-31 07110875 ns5:LeasedAssetsHeldAsLessee 2023-12-31 07110875 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2025-03-31 07110875 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2023-12-31 07110875 ns5:Non-currentFinancialInstruments ns5:BetweenTwoFiveYears 2025-03-31 07110875 ns5:Non-currentFinancialInstruments ns5:BetweenTwoFiveYears 2023-12-31 07110875 ns5:DeferredTaxation 2023-12-31 07110875 ns5:DeferredTaxation 2024-01-01 2025-03-31 07110875 ns5:DeferredTaxation 2025-03-31

REGISTERED NUMBER: 07110875 (England and Wales)

Unaudited Financial Statements

for the Period 1 January 2024 to 31 March 2025

for

HASS FOODS LTD

| HASS FOODS LTD (REGISTERED NUMBER: 07110875) |

Contents of the Financial Statements

FOR THE PERIOD 1 JANUARY 2024 TO 31 MARCH 2025

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 4 |

| HASS FOODS LTD |

Company Information

FOR THE PERIOD 1 JANUARY 2024 TO 31 MARCH 2025

| DIRECTORS: | Mr Orcun Hassan

| Mr Yunus Betmezoglu

| Mr Mustafa Betmezoglu

| REGISTERED OFFICE: | Foldfarm

| Galley Lane

| Barnet

| Hertfordshire

| EN5 4RA

| REGISTERED NUMBER: | 07110875 (England and Wales)

| ACCOUNTANTS: | ADPL LLP

| 293 Green Lanes

| London

| N13 4XS

| HASS FOODS LTD (REGISTERED NUMBER: 07110875) |

Balance Sheet

31 MARCH 2025

| 31.3.25 | 31.12.23 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 243,571 |  | 278,049 |  |

CURRENT ASSETS

Stocks | 53,480 |  | 60,116 |  |

Debtors | 5 | 9,094 |  | 16,065 |  |

Cash in hand | 32,583 |  | 53,264 |  |

95,157 |  | 129,445 |  |

CREDITORS

Amounts falling due within one year | 6 | 191,565 |  | 218,805 |  |

NET CURRENT LIABILITIES | (96,408 | ) | (89,360 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | 147,163 |  | 188,689 |  |

CREDITORS

Amounts falling due after more than one year | 7 | (47,478 | ) | (86,911 | ) |

PROVISIONS FOR LIABILITIES | 8 | (41,135 | ) | (46,386 | ) |

NET ASSETS | 58,550 |  | 55,392 |  |

CAPITAL AND RESERVES

Called up share capital | 100 |  | 100 |  |

Retained earnings | 58,450 |  | 55,292 |  |

SHAREHOLDERS' FUNDS | 58,550 |  | 55,392 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

| HASS FOODS LTD (REGISTERED NUMBER: 07110875) |

Balance Sheet - continued

31 MARCH 2025

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Profit & Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 10 December 2025 and were signed on its behalf by:

Mr Orcun Hassan - Director

| HASS FOODS LTD (REGISTERED NUMBER: 07110875) |

Notes to the Financial Statements

FOR THE PERIOD 1 JANUARY 2024 TO 31 MARCH 2025

1. | STATUTORY INFORMATION

| Hass Foods Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. | ACCOUNTING POLICIES

| Basis of preparing the financial statements

| These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

| In carrying out this assessment, the directors have considered the impact of the Covid-19 pandemic on the trade and finances of the company and wider group and they have taken steps to protect liquidity.

| The directors are therefore satisfied that there is no significant risk to the ability of the company to continue as a going concern for at least 12 months from the date of approval of these financial statements.

| Turnover

| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

| Tangible fixed assets

| Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

| Improvements to property | - | 10% on cost

| Plant and machinery | - | 10% on reducing balance

| Fixtures and fittings | - | 10% on reducing balance

| Motor vehicles | - | 10% on reducing balance

| Stocks

| Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

| Taxation

| Taxation for the period comprises current and deferred tax. Tax is recognised in the Profit & Loss Account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

| Current or deferred taxation assets and liabilities are not discounted.

| Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

| Hire purchase and leasing commitments

| Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

| The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

| Pension costs and other post-retirement benefits

| The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

| HASS FOODS LTD (REGISTERED NUMBER: 07110875) |

Notes to the Financial Statements - continued

FOR THE PERIOD 1 JANUARY 2024 TO 31 MARCH 2025

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the period was 8 (2023 - 9 ) .

4. | TANGIBLE FIXED ASSETS

| Improvements |  | Fixtures |

| to |  | Plant and |  | and |  | Motor |

| property |  | machinery |  | fittings |  | vehicles |  | Totals

£ | £ | £ | £ | £ |

| COST

| At 1 January 2024 | 39,800 |  | 379,616 |  | 69,063 |  | 109,132 |  | 597,611 |  |

| Additions | - |  | 3,162 |  | - |  | - |  | 3,162 |  |

| At 31 March 2025 | 39,800 |  | 382,778 |  | 69,063 |  | 109,132 |  | 600,773 |  |

| DEPRECIATION

| At 1 January 2024 | 27,860 |  | 202,402 |  | 36,759 |  | 52,541 |  | 319,562 |  |

| Charge for period | 3,980 |  | 22,547 |  | 4,038 |  | 7,075 |  | 37,640 |  |

| At 31 March 2025 | 31,840 |  | 224,949 |  | 40,797 |  | 59,616 |  | 357,202 |  |

| NET BOOK VALUE

| At 31 March 2025 | 7,960 |  | 157,829 |  | 28,266 |  | 49,516 |  | 243,571 |  |

| At 31 December 2023 | 11,940 |  | 177,214 |  | 32,304 |  | 56,591 |  | 278,049 |  |

| Fixed assets, included in the above, which are held under hire purchase contracts or finance leases are as follows:

| Plant and |  | Motor |

| machinery |  | vehicles |  | Totals

£ | £ | £ |

| COST

| At 1 January 2024

| and 31 March 2025 | 11,995 |  | 26,770 |  | 38,765 |  |

| DEPRECIATION

| At 1 January 2024 | 4,912 |  | 13,966 |  | 18,878 |  |

| Charge for period | 885 |  | 1,601 |  | 2,486 |  |

| At 31 March 2025 | 5,797 |  | 15,567 |  | 21,364 |  |

| NET BOOK VALUE

| At 31 March 2025 | 6,198 |  | 11,203 |  | 17,401 |  |

| At 31 December 2023 | 7,083 |  | 12,804 |  | 19,887 |  |

5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 31.3.25 |  | 31.12.23

£ | £ |

| Trade debtors | 2,384 |  | 7,963 |  |

| VAT | 6,710 |  | 8,102 |  |

9,094 |  | 16,065 |  |

| HASS FOODS LTD (REGISTERED NUMBER: 07110875) |

Notes to the Financial Statements - continued

FOR THE PERIOD 1 JANUARY 2024 TO 31 MARCH 2025

6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 31.3.25 |  | 31.12.23

£ | £ |

| Bank loans and overdrafts | 45,877 |  | 45,508 |  |

| Trade creditors | 28,142 |  | 130,069 |  |

| Tax | 59 |  | - |  |

| Social security and other taxes | 503 |  | 402 |  |

| Pension | 202 |  | 164 |  |

| Other creditors | 1,815 |  | 1,815 |  |

| Credit card account | 2,082 |  | 3,058 |  |

| Directors' current accounts | 112,885 |  | 37,789 |  |

191,565 |  | 218,805 |  |

7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

| 31.3.25 |  | 31.12.23

£ | £ |

| Bank loans - 2-5 years | 47,478 |  | 86,911 |  |

8. | PROVISIONS FOR LIABILITIES

| 31.3.25 |  | 31.12.23

£ | £ |

| Deferred tax | 41,135 |  | 46,386 |  |

| Deferred |

| tax |

£ |

| Balance at 1 January 2024 | 46,386 |  |

| Credit to Profit & Loss Account during period | (5,251 | ) |

| Balance at 31 March 2025 | 41,135 |  |