IRIS Accounts Production v24.1.9.2 09797243 Board of Directors 28.3.23 27.3.24 27.3.24 false true false false true false Ordinary 1.00000 Ordinary A 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh097972432023-03-27097972432024-03-27097972432023-03-282024-03-27097972432022-03-27097972432022-03-282023-03-27097972432023-03-2709797243ns15:EnglandWales2023-03-282024-03-2709797243ns14:PoundSterling2023-03-282024-03-2709797243ns10:Director12023-03-282024-03-2709797243ns10:PrivateLimitedCompanyLtd2023-03-282024-03-2709797243ns10:SmallEntities2023-03-282024-03-2709797243ns10:AuditExempt-NoAccountantsReport2023-03-282024-03-2709797243ns10:SmallCompaniesRegimeForDirectorsReport2023-03-282024-03-2709797243ns10:SmallCompaniesRegimeForAccounts2023-03-282024-03-2709797243ns10:FullAccounts2023-03-282024-03-2709797243ns10:OrdinaryShareClass12023-03-282024-03-2709797243ns10:OrdinaryShareClass22023-03-282024-03-2709797243ns10:Director22023-03-282024-03-2709797243ns10:RegisteredOffice2023-03-282024-03-2709797243ns5:CurrentFinancialInstruments2024-03-2709797243ns5:CurrentFinancialInstruments2023-03-2709797243ns5:ShareCapital2024-03-2709797243ns5:ShareCapital2023-03-2709797243ns5:RetainedEarningsAccumulatedLosses2024-03-2709797243ns5:RetainedEarningsAccumulatedLosses2023-03-2709797243ns5:FurnitureFittings2023-03-282024-03-2709797243ns5:ComputerEquipment2023-03-282024-03-2709797243ns5:FurnitureFittings2023-03-2709797243ns5:ComputerEquipment2023-03-2709797243ns5:FurnitureFittings2024-03-2709797243ns5:ComputerEquipment2024-03-2709797243ns5:FurnitureFittings2023-03-2709797243ns5:ComputerEquipment2023-03-2709797243ns10:OrdinaryShareClass12024-03-2709797243ns10:OrdinaryShareClass22024-03-27
REGISTERED NUMBER: 09797243 (England and Wales)















FINANCIAL STATEMENTS

FOR THE YEAR ENDED 27 MARCH 2024

FOR

HAYS MORTGAGE SOLUTIONS LIMITED

HAYS MORTGAGE SOLUTIONS LIMITED (REGISTERED NUMBER: 09797243)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 27 MARCH 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


HAYS MORTGAGE SOLUTIONS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 27 MARCH 2024







DIRECTORS: H A Yazdani
S Hailes





REGISTERED OFFICE: 325 Baring Road
London
SE12 0DZ





REGISTERED NUMBER: 09797243 (England and Wales)





ACCOUNTANTS: MGR SD Limited
Chartered Accountants
55 Loudoun Road
London
NW8 0DL

HAYS MORTGAGE SOLUTIONS LIMITED (REGISTERED NUMBER: 09797243)

BALANCE SHEET
27 MARCH 2024

27.3.24 27.3.23
Notes £    £   
FIXED ASSETS
Tangible assets 4 4,536 3,404

CURRENT ASSETS
Debtors 5 1,081 1,081
Cash at bank 39,699 34,594
40,780 35,675
CREDITORS
Amounts falling due within one year 6 (26,640 ) (21,305 )
NET CURRENT ASSETS 14,140 14,370
TOTAL ASSETS LESS CURRENT
LIABILITIES

18,676

17,774

PROVISIONS FOR LIABILITIES (1,134 ) (647 )
NET ASSETS 17,542 17,127

CAPITAL AND RESERVES
Called up share capital 7 100 100
Retained earnings 17,442 17,027
SHAREHOLDERS' FUNDS 17,542 17,127

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 27 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 27 March 2024 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.

HAYS MORTGAGE SOLUTIONS LIMITED (REGISTERED NUMBER: 09797243)

BALANCE SHEET - continued
27 MARCH 2024


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 20 June 2024 and were signed on its behalf by:





S Hailes - Director


HAYS MORTGAGE SOLUTIONS LIMITED (REGISTERED NUMBER: 09797243)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 27 MARCH 2024


1. STATUTORY INFORMATION

Hays Mortgage Solutions 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on reducing balance
Computer equipment - 25% on reducing balance

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

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

HAYS MORTGAGE SOLUTIONS LIMITED (REGISTERED NUMBER: 09797243)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 27 MARCH 2024


4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 28 March 2023 1,350 6,984 8,334
Additions - 2,645 2,645
At 27 March 2024 1,350 9,629 10,979
DEPRECIATION
At 28 March 2023 763 4,167 4,930
Charge for year 147 1,366 1,513
At 27 March 2024 910 5,533 6,443
NET BOOK VALUE
At 27 March 2024 440 4,096 4,536
At 27 March 2023 587 2,817 3,404

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
27.3.24 27.3.23
£    £   
Amount owed by related party 1,081 1,081

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
27.3.24 27.3.23
£    £   
Taxation 25,740 20,405
Accrued expenses 900 900
26,640 21,305

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 27.3.24 27.3.23
value: £    £   
50 Ordinary £1 50 50
50 Ordinary A £1 50 50
100 100