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REGISTERED NUMBER: 06477397 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022

FOR

HESED LIMITED

HESED LIMITED (REGISTERED NUMBER: 06477397)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


HESED LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2022







DIRECTOR: Mr A B Fourie





REGISTERED OFFICE: Evolution House
Iceni Court
Delft Way
Norwich
Norfolk
NR6 6BB





REGISTERED NUMBER: 06477397 (England and Wales)





ACCOUNTANTS: Farnell Clarke Limited
Evolution House
Delft Way
Norwich Airport
Norwich
Norfolk
NR6 6BB

HESED LIMITED (REGISTERED NUMBER: 06477397)

BALANCE SHEET
31 MARCH 2022

2022 2021
Notes £    £   
CURRENT ASSETS
Debtors 4 91,806 112,847
Cash at bank 42,434 18,863
134,240 131,710
CREDITORS
Amounts falling due within one year 5 122,816 116,346
NET CURRENT ASSETS 11,424 15,364
TOTAL ASSETS LESS CURRENT LIABILITIES 11,424 15,364

CREDITORS
Amounts falling due after more than one year 6 11,422 15,300
NET ASSETS 2 64

CAPITAL AND RESERVES
Called up share capital 7 2 2
Retained earnings - 62
SHAREHOLDERS' FUNDS 2 64

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2022 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

HESED LIMITED (REGISTERED NUMBER: 06477397)

BALANCE SHEET - continued
31 MARCH 2022


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 director and authorised for issue on 4 October 2023 and were signed by:





Mr A B Fourie - Director


HESED LIMITED (REGISTERED NUMBER: 06477397)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022

1. STATUTORY INFORMATION

Hesed 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
Revenue 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2021 - 1 ) .

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Other debtors 23,640 25,312
Directors' current accounts 54,713 72,739
Accrued income 13,000 14,796
Prepayments 453 -
91,806 112,847

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Bank loans and overdrafts 6,577 14,663
Trade creditors 46 -
Corporation tax 111,132 94,371
Social security and other taxes 5,061 4,959
Accrued expenses - 2,353
122,816 116,346

HESED LIMITED (REGISTERED NUMBER: 06477397)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2022

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2022 2021
£    £   
Bank loans - 1-2 years 3,607 3,600
Bank loans - 2-5 years 7,815 7,200
Bank loans more 5 yr by instal - 4,500
11,422 15,300

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal - 4,500

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2022 2021
value: £    £   
1 Ordinary £1 2 2

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2022 and 31 March 2021:

2022 2021
£    £   
Mr A B Fourie
Balance outstanding at start of year 72,739 2
Amounts advanced 10,404 122,091
Amounts repaid (28,430 ) (49,354 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 54,713 72,739

9. RELATED PARTY DISCLOSURES

During the year, total dividends of £35,668 (2021 - £14,523) were paid to the director .

10. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr A B Fourie.