Haris Hussain Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: SC727963

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		382,500		405,000

			382,500		405,000
CURRENT ASSETS
Stocks	5	181,000		253,000
Cash at bank and in hand		429,425		384,142

		610,425		637,142
Creditors: Amounts Falling Due Within One Year	6	(203,940 )		(209,458 )

NET CURRENT ASSETS (LIABILITIES)			406,485		427,684

TOTAL ASSETS LESS CURRENT LIABILITIES			788,985		832,684

Creditors: Amounts Falling Due After More Than One Year	7		(284,689 )		(513,147 )

NET ASSETS			504,296		319,537

CAPITAL AND RESERVES
Called up share capital	8		1,000		1,000
Profit and Loss Account			503,296		318,537

SHAREHOLDERS' FUNDS			504,296		319,537

Page 1

Page 2

Haris Hussain Ltd

Balance Sheet (continued)

As At 31 March 2025

For the 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.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Asif Hussain

Director

22/12/2025

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Haris Hussain Ltd is a private company, limited by shares, incorporated in Scotland, registered number SC727963 . The registered office is 2 Calder Park, Edinburgh, EH11 4JN.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

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

2.2. Turnover

Turnover represents condideration received from the retail of goods, excluding VAT.

2.3. Intangible Fixed Assets and Amortisation - Goodwill

Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of 20 years.

2.4. Stocks and Work in Progress

Stock is stated at the lower of cost excluding VAT and the net realisable value.

2.5. Taxation

Taxation expense represents the corporation tax currently payable, based on taxable profit for the year. Taxable profit may differ from accounting profit due to tax treatment for certain expenditure items.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 23 (2024: 24)

4. Intangible Assets

	Goodwill
	£
Cost
As at 1 April 2024	450,000

As at 31 March 2025	450,000

Amortisation
As at 1 April 2024	45,000
Provided during the period	22,500

As at 31 March 2025	67,500

Net Book Value
As at 31 March 2025	382,500

As at 1 April 2024	405,000

5. Stocks

	2025	2024
	£	£
Stock	-	253,000
Finished goods	181,000	-

	181,000	253,000

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Haris Hussain Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	118,000	114,160
Corporation tax	69,087	75,900
Other taxes and social security	906	2,666
VAT	15,947	16,732

	203,940	209,458

7. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Directors loan account	93,916	190,899
Amounts owed to associates	190,773	322,248

	284,689	513,147

8. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	1,000	1,000

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