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REGISTERED NUMBER: 09144929 (England and Wales)















Financial Statements for the Year Ended 31 March 2023

for

Hedging Beta Ltd

Hedging Beta Ltd (Registered number: 09144929)






Contents of the Financial Statements
for the Year Ended 31 March 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Hedging Beta Ltd

Company Information
for the Year Ended 31 March 2023







DIRECTORS: A Pasetti
L Pasetti
G Contessa





REGISTERED OFFICE: Suite 540, 5th Floor,
Linen Hall
162- 168 Regent Street
London
W1B 5TF





REGISTERED NUMBER: 09144929 (England and Wales)





ACCOUNTANTS: City, Chartered Accountants
Suite 540, 5th Floor,
Linen Hall
162- 168 Regent Street
London
W1B 5TF

Hedging Beta Ltd (Registered number: 09144929)

Balance Sheet
31 March 2023

31.3.23 31.3.22
Notes £    £   
FIXED ASSETS
Tangible assets 4 1,908 714

CURRENT ASSETS
Debtors 5 54,301 12,537
Cash at bank 65,161 41,537
119,462 54,074
CREDITORS
Amounts falling due within one year 6 (49,793 ) (32,144 )
NET CURRENT ASSETS 69,669 21,930
TOTAL ASSETS LESS CURRENT
LIABILITIES

71,577

22,644

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 71,575 22,642
SHAREHOLDERS' FUNDS 71,577 22,644

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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.

Hedging Beta Ltd (Registered number: 09144929)

Balance Sheet - continued
31 March 2023


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 2 November 2023 and were signed on its behalf by:





A Pasetti - Director


Hedging Beta Ltd (Registered number: 09144929)

Notes to the Financial Statements
for the Year Ended 31 March 2023

1. STATUTORY INFORMATION

Hedging Beta Ltd 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on cost

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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2022 - 3 ) .

Hedging Beta Ltd (Registered number: 09144929)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2022 4,504
Additions 2,286
At 31 March 2023 6,790
DEPRECIATION
At 1 April 2022 3,790
Charge for year 1,092
At 31 March 2023 4,882
NET BOOK VALUE
At 31 March 2023 1,908
At 31 March 2022 714

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Trade debtors 54,301 12,537

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Trade creditors 3,777 16
Taxation and social security 43,595 30,454
Other creditors 2,421 1,674
49,793 32,144

7. RELATED PARTY DISCLOSURES

During the year, total dividends of £86,066 (2022 - £126,500) were paid to the directors .

At the year end the Company owed £Nil (2022 - £580) to the directors.