Company Registration No. 02959113 (England and Wales)
HAQ HALAL LIMITED
unaudited financial statements
for the year ended 31 December 2024
HAQ HALAL LIMITED
unaudited financial statements
Contents
HAQ HALAL LIMITED
Company Information
for the year ended 31 December 2024
Company Number
02959113 (England and Wales)
Registered Office
21 HYDE PARK ROAD
LEEDS
WEST YORKSHIRE
LS6 1PY
Accountants
HLA Accountants
21 Hyde Park Road
Leeds
West Yorkshire
LS6 1PY
Chartered Certified Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of
HAQ HALAL LIMITED
for the year ended 31 December 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
HAQ HALAL LIMITED for the year ended
31 December 2024 as set out on pages
5 -
7 from the Company's accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal.com/uk/en/about-us/regulation/rulebook.html
Our work has been undertaken in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf.
HLA Accountants
Chartered Certified Accountants
21 Hyde Park Road
Leeds
West Yorkshire
LS6 1PY
5 December 2025
HAQ HALAL LIMITED
Statement of financial position
as at 31 December 2024
Tangible assets
344,588
344,675
Cash at bank and in hand
53,961
100,451
Creditors: amounts falling due within one year
(62,082)
(47,254)
Net current assets
122,020
183,338
Net assets
466,608
528,013
Called up share capital
1,800
1,800
Profit and loss account
464,808
526,213
Shareholders' funds
466,608
528,013
For the year ending 31 December 2024 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 5 December 2025 and were signed on its behalf by
Zafar IQBAL
Director
Company Registration No. 02959113
HAQ HALAL LIMITED
Notes to the Accounts
for the year ended 31 December 2024
HAQ HALAL LIMITED is a private company, limited by shares, registered in England and Wales, registration number 02959113. The registered office is 21 HYDE PARK ROAD, LEEDS, WEST YORKSHIRE, LS6 1PY.
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.
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:
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.
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
Investments in shares are included at fair value.
HAQ HALAL LIMITED
Notes to the Accounts
for the year ended 31 December 2024
4
Tangible fixed assets
Land & buildings
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 January 2024
363,632
18,055
381,687
At 31 December 2024
363,632
18,055
381,687
At 1 January 2024
19,537
17,475
37,012
Charge for the year
-
87
87
At 31 December 2024
19,537
17,562
37,099
At 31 December 2024
344,095
493
344,588
At 31 December 2023
344,095
580
344,675
Amounts falling due within one year
Other debtors
130,000
130,000
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
14,111
8,111
Loans from directors
46,971
38,143
7
Average number of employees
During the year the average number of employees was 1 (2023: 1).