| REGISTERED NUMBER: |
| Unaudited Financial Statements for the Year Ended 30 June 2025 |
| for |
| Hala Management Limited |
| REGISTERED NUMBER: |
| Unaudited Financial Statements for the Year Ended 30 June 2025 |
| for |
| Hala Management Limited |
| Hala Management Limited (Registered number: 04120291) |
| Contents of the Financial Statements |
| for the Year Ended 30 June 2025 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 4 |
| Hala Management Limited |
| Company Information |
| for the Year Ended 30 June 2025 |
| Director: |
| Registered office: |
| Registered number: |
| Accountants: |
| Chartered accountants |
| 85 Church Road |
| Hove |
| East Sussex |
| BN3 2BB |
| Hala Management Limited (Registered number: 04120291) |
| Balance Sheet |
| 30 June 2025 |
| 2025 | 2024 |
| Notes | £ | £ | £ | £ |
| Fixed assets |
| Tangible fixed assets | 4 |
| Investments | 5 |
| Investment property | 6 |
| Current assets |
| Stocks |
| Debtors | 7 |
| Cash at bank |
| Creditors: amounts falling due within one year |
8 |
| Net current liabilities | ( |
) | ( |
) |
| Total assets less current liabilities |
| Creditors: amounts falling due after more than one year |
9 |
( |
) |
( |
) |
| Provisions for liabilities | ( |
) |
| Net liabilities | ( |
) | ( |
) |
| Hala Management Limited (Registered number: 04120291) |
| Balance Sheet - continued |
| 30 June 2025 |
| 2025 | 2024 |
| Notes | £ | £ | £ | £ |
| Capital and reserves |
| Called up share capital | 10 |
| Fair value reserve | 11 |
| Retained earnings | ( |
) | ( |
) |
| Shareholders' funds | ( |
) | ( |
) |
| The director acknowledges his 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. |
| The financial statements were approved by the director and authorised for issue on |
| Hala Management Limited (Registered number: 04120291) |
| Notes to the Financial Statements |
| for the Year Ended 30 June 2025 |
| 1. | Statutory information |
| Hala Management Limited is a |
| The presentation currency of the financial statements is in Pound Sterling (£) and rounding is to the nearest (£). |
| 2. | Accounting policies |
| Basis of preparing the financial statements |
| The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets. |
| Deferred tax is recognised on revalued investment properties using the rates and allowances that apply to the sale of the asset at the period end. |
| Rental income |
| Rental income from operating leases (net of any incentives given to the leases) is recognised on a straight-line basis over the lease term. |
| Tangible fixed assets |
| Tangible fixed assets are stated at cost or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended. |
| Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. |
| Computer equipment - 25% straight line |
| Investment property |
| Investment property is initially recorded at cost, which includes purchase price and any directly attributable expenditure. |
| Any aggregate surplus or deficit arising from changes in fair value is recognised in the fair value reserve |
| Stocks |
| Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing stock to its present location and condition. Stock is calculated using the first-in, first-out formula. Provision is made for damaged, obsolete and slow-moving stock where appropriate. |
| Hala Management Limited (Registered number: 04120291) |
| Notes to the Financial Statements - continued |
| for the Year Ended 30 June 2025 |
| 2. | Accounting policies - continued |
| Taxation |
| Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and 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. |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date. |
| Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference. |
| Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. |
| Other investments |
| Other investments are initially recorded at cost and revalued at their fair value each reporting date. Any changes in fair value are recognised in the Fair value reserve. |
| 3. | Employees and directors |
| The average number of employees during the year was NIL (2024 - NIL). |
| Hala Management Limited (Registered number: 04120291) |
| Notes to the Financial Statements - continued |
| for the Year Ended 30 June 2025 |
| 4. | Tangible fixed assets |
| Computer |
| equipment |
| £ |
| Cost |
| Additions |
| At 30 June 2025 |
| Depreciation |
| Charge for year |
| At 30 June 2025 |
| Net book value |
| At 30 June 2025 |
| 5. | Fixed asset investments |
| Investments (neither listed nor unlisted) were as follows: |
| 2025 | 2024 |
| £ | £ |
| Motor Vehicles | 315,740 | 315,740 |
| 6. | Investment property |
| Total |
| £ |
| Fair value |
| At 1 July 2024 |
| Additions |
| At 30 June 2025 |
| Net book value |
| At 30 June 2025 |
| At 30 June 2024 |
| The investment property fair value was determined by the director based on the market value of similar properties in the area. |
| Hala Management Limited (Registered number: 04120291) |
| Notes to the Financial Statements - continued |
| for the Year Ended 30 June 2025 |
| 7. | Debtors: amounts falling due within one year |
| 2025 | 2024 |
| £ | £ |
| Trade debtors |
| Other debtors |
| 8. | Creditors: amounts falling due within one year |
| 2025 | 2024 |
| £ | £ |
| Bank loans and overdrafts |
| Trade creditors |
| Taxation and social security |
| Other creditors |
| 9. | Creditors: amounts falling due after more than one year |
| 2025 | 2024 |
| £ | £ |
| Bank loans |
| Other creditors |
| Creditors include liabilities of £4,880,579 (2024 £4,604,132) which are secured by the assets to which they relate. |
| 10. | Called up share capital |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2025 | 2024 |
| value: | £ | £ |
| Ordinary | £1 | 10,000 | 10,000 |
| Hala Management Limited (Registered number: 04120291) |
| Notes to the Financial Statements - continued |
| for the Year Ended 30 June 2025 |
| 11. | Reserves |
| Fair |
| value |
| reserve |
| £ |
| At 1 July 2024 |
| Transfer | 76,724 |
| At 30 June 2025 |
| 12. | Director's advances, credits and guarantees |
| During the year, the company advanced a director £93,490 (2024: £41,537) and he repaid £109,415 (2024: £25,612). At the year end, the director owed the company £nil (2024: £15,925). The advances were interest-free, unsecured and repayable on demand. |
| 13. | Related party disclosures |
| At the year end, the company owed the director £21,916 (2024: £nil). |