HERMES ASSOCIATES LIMITED

Company Registration Number:
03474497 (England and Wales)

Unaudited abridged accounts for the year ended 31 May 2023

Period of accounts

Start date: 01 June 2022

End date: 31 May 2023

HERMES ASSOCIATES LIMITED

Contents of the Financial Statements

for the Period Ended 31 May 2023

Company Information - 3
Balance sheet - 4
Additional notes - 6
Balance sheet notes - 9

HERMES ASSOCIATES LIMITED

Company Information

for the Period Ended 31 May 2023




Director: Christian Galvin
Susan Mayes
Registered office: Barn Hill
Rhode Lane
Uplyme
Lyme Regis
England
DT7 3TX
Company Registration Number: 03474497 (England and Wales)

HERMES ASSOCIATES LIMITED

Balance sheet

As at 31 May 2023


Notes

2023
£

2022
£
Fixed assets
Tangible assets: 4 1,653 1,117
Total fixed assets: 1,653 1,117
Current assets
Debtors: 25,578 12,872
Cash at bank and in hand: 448,683 454,623
Total current assets: 474,261 467,495
Creditors: amounts falling due within one year: ( 839 ) ( 326 )
Net current assets (liabilities): 473,422 467,169
Total assets less current liabilities: 475,075 468,286
Total net assets (liabilities): 475,075 468,286

The notes form part of these financial statements

HERMES ASSOCIATES LIMITED

Balance sheet continued

As at 31 May 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 474,975 468,186
Shareholders funds: 475,075 468,286

For the year ending 31 May 2023 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 6 February 2024
And Signed On Behalf Of The Board By:

Name: Christian Galvin
Status: Director

The notes form part of these financial statements

HERMES ASSOCIATES LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Tangible fixed assets depreciation policy

    Depreciation is provided on tangible fixed assets at the rate of 25% on a reducing balance basis .

HERMES ASSOCIATES LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 4 4

HERMES ASSOCIATES LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2023

  • 3. Off balance sheet disclosure

    No

HERMES ASSOCIATES LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2023

4. Tangible Assets

Total
Cost £
At 01 June 2022 3,764
Additions 1,549
Disposals (2,599)
Revaluations -
Transfers -
At 31 May 2023 2,714
Depreciation
At 01 June 2022 2,647
Charge for year 667
On disposals (2,253)
Other adjustments -
At 31 May 2023 1,061
Net book value
At 31 May 2023 1,653
At 31 May 2022 1,117