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Company Registration No. 11857947 (England and Wales)
Haadi Housing Limited Unaudited accounts for the year ended 31 March 2025
Haadi Housing Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Haadi Housing Limited Company Information for the year ended 31 March 2025
Directors
Mudassar Liaqat Sajida Parvin
Company Number
11857947 (England and Wales)
Registered Office
183-187 Stratford Road Sparkhill Birmingham B11 1RB ENGLAND
Accountants
Shipleys Tax - Chartered Accountants 32 Park Cross Street Leeds West Yorkshire LS1 2QH
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Haadi Housing Limited Statement of financial position as at 31 March 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
67,214
79,076
Investment property
5
2,380,055
1,270,170
2,447,269
1,349,246
Current assets
Cash at bank and in hand
56,007
304,817
Creditors: amounts falling due within one year
6
(1,368,598)
(1,018,324)
Net current liabilities
(1,312,591)
(713,507)
Total assets less current liabilities
1,134,678
635,739
Provisions for liabilities
Deferred tax
7
(132)
(11,215)
Net assets
1,134,546
624,524
Capital and reserves
Called up share capital
8
2
2
Profit and loss account
1,134,544
624,522
Shareholders' funds
1,134,546
624,524
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 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 of Directors and authorised for issue on 4 February 2026 and were signed on its behalf by
Mudassar Liaqat Director Company Registration No. 11857947
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Haadi Housing Limited Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
Haadi Housing Limited is a private company, limited by shares, registered in England and Wales, registration number 11857947. The registered office is 183-187 Stratford Road, Sparkhill, Birmingham, B11 1RB, ENGLAND.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
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.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
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:
Fixtures & fittings
15% Reducing Balance
Investment property
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.
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Haadi Housing Limited Notes to the Accounts for the year ended 31 March 2025
4
Tangible fixed assets
Fixtures & fittings
£
Cost or valuation
At cost
At 1 April 2024
104,319
At 31 March 2025
104,319
Depreciation
At 1 April 2024
25,243
Charge for the year
11,862
At 31 March 2025
37,105
Net book value
At 31 March 2025
67,214
At 31 March 2024
79,076
5
Investment property
2025
£
Fair value at 1 April 2024
1,270,170
Additions
1,109,885
At 31 March 2025
2,380,055
The market value of the company's investment properties at the valuation date of April 2022 has been incorporated in to these financial statements as the value as at 31 March 2025. In the opinion of the directors the difference in valuation between the two two dates is considered immaterial.
6
Creditors: amounts falling due within one year
2025
2024
£
£
Taxes and social security
281,166
180,144
Other creditors
60,650
62,291
Loans from directors
1,024,862
769,589
Accruals
1,920
6,300
1,368,598
1,018,324
7
Deferred taxation
2025
2024
£
£
Accelerated capital allowances
132
11,215
2025
2024
£
£
Provision at start of year
11,215
156,631
Credited to the profit and loss account
(11,083)
(145,416)
Provision at end of year
132
11,215
- 6 -
Haadi Housing Limited Notes to the Accounts for the year ended 31 March 2025
8
Share capital
2025
2024
£
£
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2
9
Average number of employees
During the year the average number of employees was 6 (2024: 3).
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