IRIS Accounts Production v24.1.4.33 06894586 Board of Directors 1.5.23 30.4.24 30.4.24 false true false false false true false Fair value model Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh068945862023-04-30068945862024-04-30068945862023-05-012024-04-30068945862022-04-30068945862022-05-012023-04-30068945862023-04-3006894586ns15:EnglandWales2023-05-012024-04-3006894586ns14:PoundSterling2023-05-012024-04-3006894586ns10:Director12023-05-012024-04-3006894586ns10:PrivateLimitedCompanyLtd2023-05-012024-04-3006894586ns10:SmallEntities2023-05-012024-04-3006894586ns10:AuditExempt-NoAccountantsReport2023-05-012024-04-3006894586ns10:SmallCompaniesRegimeForDirectorsReport2023-05-012024-04-3006894586ns10:SmallCompaniesRegimeForAccounts2023-05-012024-04-3006894586ns10:FullAccounts2023-05-012024-04-300689458612023-05-012024-04-3006894586ns10:OrdinaryShareClass12023-05-012024-04-3006894586ns10:Director22023-05-012024-04-3006894586ns10:CompanySecretary12023-05-012024-04-3006894586ns10:RegisteredOffice2023-05-012024-04-3006894586ns5:CurrentFinancialInstruments2024-04-3006894586ns5:CurrentFinancialInstruments2023-04-3006894586ns5:ShareCapital2024-04-3006894586ns5:ShareCapital2023-04-3006894586ns5:RetainedEarningsAccumulatedLosses2024-04-3006894586ns5:RetainedEarningsAccumulatedLosses2023-04-3006894586ns5:NetGoodwill2023-05-012024-04-3006894586ns5:IntangibleAssetsOtherThanGoodwill2023-05-012024-04-3006894586ns5:MotorVehicles2023-05-012024-04-3006894586ns5:ComputerEquipment2023-05-012024-04-3006894586ns5:NetGoodwill2023-04-3006894586ns5:NetGoodwill2024-04-3006894586ns5:NetGoodwill2023-04-3006894586ns5:PlantMachinery2023-04-3006894586ns5:MotorVehicles2023-04-3006894586ns5:ComputerEquipment2023-04-3006894586ns5:PlantMachinery2023-05-012024-04-3006894586ns5:PlantMachinery2024-04-3006894586ns5:MotorVehicles2024-04-3006894586ns5:ComputerEquipment2024-04-3006894586ns5:PlantMachinery2023-04-3006894586ns5:MotorVehicles2023-04-3006894586ns5:ComputerEquipment2023-04-3006894586ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-04-3006894586ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-04-3006894586ns5:AcceleratedTaxDepreciationDeferredTax2024-04-3006894586ns5:AcceleratedTaxDepreciationDeferredTax2023-04-3006894586ns5:DeferredTaxation2023-04-3006894586ns5:DeferredTaxation2023-05-012024-04-3006894586ns5:DeferredTaxation2024-04-3006894586ns10:OrdinaryShareClass12024-04-3006894586ns5:RetainedEarningsAccumulatedLosses2023-04-3006894586ns5:RetainedEarningsAccumulatedLosses2023-05-012024-04-30
REGISTERED NUMBER: 06894586 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 April 2024

for

HEMI426 LTD

HEMI426 LTD (Registered number: 06894586)






Contents of the Financial Statements
for the Year Ended 30 April 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


HEMI426 LTD

Company Information
for the Year Ended 30 April 2024







DIRECTORS: N. P. GOSTELOW
MRS. J. C. GOSTELOW





SECRETARY: MRS. J. C. GOSTELOW





REGISTERED OFFICE: C/O MALCOLM,WILSON, GILLOTT, FOWLER
& CO
SPACES, 12 HAMMERSMITH GROVE
LONDON
W6 7AP





REGISTERED NUMBER: 06894586 (England and Wales)





ACCOUNTANTS: MALCOLM, WILSON, GILLOTT, FOWLER & CO.
CHARTERED CERTIFIED ACCOUNTANTS
SPACES
12 HAMMERSMITH GROVE
LONDON
W6 7AP

HEMI426 LTD (Registered number: 06894586)

Balance Sheet
30 April 2024

30.4.24 30.4.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 12,500 15,000
Tangible assets 5 45,700 48,901
Investment property 6 339,900 339,900
398,100 403,801

CURRENT ASSETS
Debtors 7 495 1,086
Cash at bank 118,886 118,163
119,381 119,249
CREDITORS
Amounts falling due within one year 8 8,476 5,578
NET CURRENT ASSETS 110,905 113,671
TOTAL ASSETS LESS CURRENT
LIABILITIES

509,005

517,472

PROVISIONS FOR LIABILITIES 9 4,389 2,168
NET ASSETS 504,616 515,304

HEMI426 LTD (Registered number: 06894586)

Balance Sheet - continued
30 April 2024

30.4.24 30.4.23
Notes £    £    £    £   
CAPITAL AND RESERVES
Called up share capital 10 100 100
Retained earnings 11 504,516 515,204
SHAREHOLDERS' FUNDS 504,616 515,304

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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.

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 31 August 2024 and were signed on its behalf by:





N. P. GOSTELOW - Director


HEMI426 LTD (Registered number: 06894586)

Notes to the Financial Statements
for the Year Ended 30 April 2024

1. STATUTORY INFORMATION

HEMI426 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 represents net invoiced fees for services, excluding value added tax.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2009, is being amortised evenly over its estimated useful life of twenty years.

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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on reducing balance

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

3. EMPLOYEES AND DIRECTORS

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

HEMI426 LTD (Registered number: 06894586)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 May 2023
and 30 April 2024 50,000
AMORTISATION
At 1 May 2023 35,000
Amortisation for year 2,500
At 30 April 2024 37,500
NET BOOK VALUE
At 30 April 2024 12,500
At 30 April 2023 15,000

5. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 May 2023 694 101,870 12,960 115,524
Additions - 16,500 2,123 18,623
Disposals - (18,000 ) - (18,000 )
At 30 April 2024 694 100,370 15,083 116,147
DEPRECIATION
At 1 May 2023 677 53,130 12,816 66,623
Charge for year 4 13,035 295 13,334
Eliminated on disposal - (9,510 ) - (9,510 )
At 30 April 2024 681 56,655 13,111 70,447
NET BOOK VALUE
At 30 April 2024 13 43,715 1,972 45,700
At 30 April 2023 17 48,740 144 48,901

HEMI426 LTD (Registered number: 06894586)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 May 2023
and 30 April 2024 339,900
NET BOOK VALUE
At 30 April 2024 339,900
At 30 April 2023 339,900

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE
YEAR
30.4.24 30.4.23
£    £   
Other debtors 495 1,086

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE
YEAR
30.4.24 30.4.23
£    £   
Trade creditors 1,531 792
Taxation and social security 2,306 98
Other creditors 4,639 4,688
8,476 5,578

9. PROVISIONS FOR LIABILITIES
30.4.24 30.4.23
£    £   
Deferred tax
Accelerated capital allowances 4,389 2,168

Deferred
tax
£   
Balance at 1 May 2023 2,168
Provided during year 2,221
Balance at 30 April 2024 4,389

HEMI426 LTD (Registered number: 06894586)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.4.24 30.4.23
value: £    £   
100 Ordinary £1 100 100

11. RESERVES
Retained
earnings
£   

At 1 May 2023 515,204
Deficit for the year (2,688 )
Dividends (8,000 )
At 30 April 2024 504,516

12. RELATED PARTY DISCLOSURES

The company operates a current account with its Directors. The loan is interest free with no
fixed repayment terms and are included in other creditors. The balance owed to Mr and Mrs Gostelow at the year end was £357 (2023 - £404) and the maximum balance during the year was £404.