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Company Registration No. 09601754 (England and Wales)
HEDGES IP LIMITED Unaudited accounts for the period from 1 August 2023 to 31 March 2024
HEDGES IP LIMITED Unaudited accounts Contents
Page
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HEDGES IP LIMITED Company Information for the period from 1 August 2023 to 31 March 2024
Director
MARTIN NICHOLAS HEDGES
Company Number
09601754 (England and Wales)
Registered Office
35 ST LEONARDS ROAD NN4 8DL United Kingdom
Accountants
Robins & Co 35 St Leonards Road Northampton NN4 8DL
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HEDGES IP LIMITED Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
35,615 
42,616 
Current assets
Inventories
9,377 
11,136 
Debtors
5,589 
1,866 
Cash at bank and in hand
67,175 
78,909 
82,141 
91,911 
Creditors: amounts falling due within one year
(3,514)
(6,023)
Net current assets
78,627 
85,888 
Total assets less current liabilities
114,242 
128,504 
Provisions for liabilities
Deferred tax
(6,767)
(8,097)
Net assets
107,475 
120,407 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
107,375 
120,307 
Shareholders' funds
107,475 
120,407 
For the period ending 31 March 2024 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 30 May 2024 and were signed on its behalf by
MARTIN NICHOLAS HEDGES Director Company Registration No. 09601754
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HEDGES IP LIMITED Notes to the Accounts for the period from 1 August 2023 to 31 March 2024
1
Statutory information
HEDGES IP LIMITED is a private company, limited by shares, registered in England and Wales, registration number 09601754. The registered office is 35 ST LEONARDS ROAD, NN4 8DL, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous period, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
25% Reducing balance
Fixtures & fittings
20% Reducing balance
Computer equipment
33.33% Straight line
4
Tangible fixed assets
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 August 2023
53,465 
1,286 
3,991 
58,742 
Additions
- 
- 
875 
875 
At 31 March 2024
53,465 
1,286 
4,866 
59,617 
Depreciation
At 1 August 2023
12,612 
343 
3,171 
16,126 
Charge for the period
7,428 
135 
313 
7,876 
At 31 March 2024
20,040 
478 
3,484 
24,002 
Net book value
At 31 March 2024
33,425 
808 
1,382 
35,615 
At 31 July 2023
40,853 
943 
820 
42,616 
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HEDGES IP LIMITED Notes to the Accounts for the period from 1 August 2023 to 31 March 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
3,099 
- 
Accrued income and prepayments
1,306 
1,866 
Other debtors
1,184 
- 
5,589 
1,866 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
1,658 
4,843 
Taxes and social security
949 
- 
Other creditors
- 
481 
Loans from directors
907 
699 
3,514 
6,023 
7
Average number of employees
During the period the average number of employees was 3 (2023: 3).
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