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REGISTERED NUMBER: 05014543 (England and Wales)


















Unaudited Financial Statements

for the Year Ended 31st March 2024

for

Hannaways Business Support Limited

Hannaways Business Support Limited (Registered number: 05014543)






Contents of the Financial Statements
for the Year Ended 31st March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Hannaways Business Support Limited

Company Information
for the Year Ended 31st March 2024







DIRECTOR: C J Northwood





REGISTERED OFFICE: Trios House
Reform Road
Maidenhead
Berkshire
SL6 8BY





REGISTERED NUMBER: 05014543 (England and Wales)





ACCOUNTANTS: Hannaways
Chartered Accountants
Trios House
Reform Road
Maidenhead
Berkshire
SL6 8BY

Hannaways Business Support Limited (Registered number: 05014543)

Balance Sheet
31st March 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 14,668 22,001

CURRENT ASSETS
Debtors 5 23,675 16,102
Cash at bank 85,317 86,837
108,992 102,939
CREDITORS
Amounts falling due within one year 6 27,823 27,406
NET CURRENT ASSETS 81,169 75,533
TOTAL ASSETS LESS CURRENT
LIABILITIES

95,837

97,534

CAPITAL AND RESERVES
Called up share capital 7 100 100
Retained earnings 8 95,737 97,434
SHAREHOLDERS' FUNDS 95,837 97,534

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2024 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.

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 2nd April 2024 and were signed by:





C J Northwood - Director


Hannaways Business Support Limited (Registered number: 05014543)

Notes to the Financial Statements
for the Year Ended 31st March 2024

1. STATUTORY INFORMATION

Hannaways Business Support 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.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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

Short term debtors and creditors
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction cost. Any losses from impairment are recognised in the profit and loss account.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

Hannaways Business Support Limited (Registered number: 05014543)

Notes to the Financial Statements - continued
for the Year Ended 31st March 2024

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1st April 2023
and 31st March 2024 110,000
AMORTISATION
At 1st April 2023 87,999
Amortisation for year 7,333
At 31st March 2024 95,332
NET BOOK VALUE
At 31st March 2024 14,668
At 31st March 2023 22,001

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 23,675 16,102

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 4,165 4,083
Corporation tax 14,333 13,967
Social security and other taxes 9,325 9,332
Directors' current accounts - 24
27,823 27,406

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary £1 100 100

8. RESERVES
Retained
earnings
£   

At 1st April 2023 97,434
Profit for the year 46,303
Dividends (48,000 )
At 31st March 2024 95,737

Hannaways Business Support Limited (Registered number: 05014543)

Notes to the Financial Statements - continued
for the Year Ended 31st March 2024

9. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is C J Northwood.