Ahauz Finance Limited - Accounts to registrar (filleted) - small 23.2.5

REGISTERED NUMBER: 11835452 (England and Wales)

Unaudited Financial Statements

for the Year Ended 28 February 2023

for

Ahauz Finance Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

K Srivats

J Da Rocha

REGISTERED OFFICE:

Ground Floor

Wework Shoreditch Exchange

Senna Building, Gorsuch Pl

London

E2 8JF

REGISTERED NUMBER:

11835452 (England and Wales)

ACCOUNTANTS:

Ellis Dennis Warwick LLP

107 Church Lane

Mill End

Rickmansworth

Hertfordshire

WD3 8PU

CURRENT ASSETS

Debtors

4

713,538

110,002

Cash in hand

205,231

391,017

918,769

501,019

CREDITORS

Amounts falling due within one year

5

2,340

502,648

NET CURRENT ASSETS/(LIABILITIES)

916,429

(1,629

)

TOTAL ASSETS LESS CURRENT LIABILITIES

916,429

(1,629

)

CREDITORS

Amounts falling due after more than one year

6

917,000

-

NET LIABILITIES

(571

)

(1,629

)

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

(573

)

(1,631

)

(571

)

(1,629

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2023 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.

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30 November 2023 and were signed on its behalf by:

J Da Rocha - Director

1.	STATUTORY INFORMATION

Ahauz Finance Limited 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.

Turnover

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

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

4.

DEBTORS

28.2.23

28.2.22

£

£

Amounts falling due within one year:

Other debtors

1,122

2

Amounts falling due after more than one year:

Other debtors

712,416

110,000

Aggregate amounts

713,538

110,002

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.23

28.2.22

£

£

Trade creditors

2,340

1,148

Amounts owed to group undertakings

-

501,500

2,340

502,648

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

28.2.23

28.2.22

£

£

Other creditors

917,000

-