IRIS Accounts Production v24.3.0.553 07785624 Board of Directors 1.6.23 31.5.24 31.5.24 0 0 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh077856242023-05-31077856242024-05-31077856242023-06-012024-05-31077856242022-05-31077856242022-06-012023-05-31077856242023-05-3107785624ns15:EnglandWales2023-06-012024-05-3107785624ns14:PoundSterling2023-06-012024-05-3107785624ns10:Director12023-06-012024-05-3107785624ns10:PrivateLimitedCompanyLtd2023-06-012024-05-3107785624ns10:SmallEntities2023-06-012024-05-3107785624ns10:AuditExemptWithAccountantsReport2023-06-012024-05-3107785624ns10:SmallCompaniesRegimeForDirectorsReport2023-06-012024-05-3107785624ns10:SmallCompaniesRegimeForAccounts2023-06-012024-05-3107785624ns10:FullAccounts2023-06-012024-05-3107785624ns10:OrdinaryShareClass12023-06-012024-05-3107785624ns10:Director32023-06-012024-05-3107785624ns10:RegisteredOffice2023-06-012024-05-3107785624ns5:CurrentFinancialInstruments2024-05-3107785624ns5:CurrentFinancialInstruments2023-05-3107785624ns5:ShareCapital2024-05-3107785624ns5:ShareCapital2023-05-3107785624ns5:RetainedEarningsAccumulatedLosses2024-05-3107785624ns5:RetainedEarningsAccumulatedLosses2023-05-3107785624ns5:WithinOneYearns5:CurrentFinancialInstruments2024-05-3107785624ns5:WithinOneYearns5:CurrentFinancialInstruments2023-05-3107785624ns10:OrdinaryShareClass12024-05-31
REGISTERED NUMBER: 07785624 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 May 2024

for

Hansen Ltd

Hansen Ltd (Registered number: 07785624)






Contents of the Financial Statements
for the Year Ended 31 May 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Chartered Accountants' Report 5

Hansen Ltd

Company Information
for the Year Ended 31 May 2024







DIRECTORS: T V Olsen
A J Nash





REGISTERED OFFICE: 5 Wadhurst Business Park
Faircrouch Lane
Wadhurst
Sussex
TN5 6PT





REGISTERED NUMBER: 07785624 (England and Wales)





ACCOUNTANTS: Deeks Evans Audit Services Limited
Chartered Accountants
First Floor, West Barn
North Frith Farm, Ashes Lane
Hadlow
Tonbridge
Kent
TN11 9QU

Hansen Ltd (Registered number: 07785624)

Balance Sheet
31 May 2024

2024 2023
Notes £    £   
CURRENT ASSETS
Stocks 17,124 30,735
Debtors 4 33,125 31,581
Prepayments & accrued income - 6,136
Cash at bank and in hand 225,605 227,544
275,854 295,996
CREDITORS
Amounts falling due within one year 5 21,590 16,065
NET CURRENT ASSETS 254,264 279,931
TOTAL ASSETS LESS CURRENT
LIABILITIES

254,264

279,931

CAPITAL & RESERVES
Called up share capital 6 100 100
Retained earnings 254,164 279,831
SHAREHOLDERS' FUNDS 254,264 279,931

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 20 November 2024 and were signed on its behalf by:





A J Nash - Director


Hansen Ltd (Registered number: 07785624)

Notes to the Financial Statements
for the Year Ended 31 May 2024

1. STATUTORY INFORMATION

Hansen 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.

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.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

3. EMPLOYEES AND DIRECTORS

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

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 31,063 30,177
Amounts owed by participating interests 1,231 1,404
Other debtors 831 -
33,125 31,581

Hansen Ltd (Registered number: 07785624)

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

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 13,247 5,480
Corporation tax - 830
Social security & other taxes 6,162 7,749
Director's current account 506 506
Accrued expenses 1,675 1,500
21,590 16,065

6. CALLED UP SHARE CAPITAL

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

7. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is the directors.

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Hansen Ltd

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Hansen Ltd for the year ended 31 May 2024 which comprise the Profit and Loss Account, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Hansen Ltd, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Hansen Ltd and state those matters that we have agreed to state to the Board of Directors of Hansen Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Hansen Ltd and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Hansen Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Hansen Ltd. You consider that Hansen Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Hansen Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Deeks Evans Audit Services Limited
Chartered Accountants
First Floor, West Barn
North Frith Farm, Ashes Lane
Hadlow
Tonbridge
Kent
TN11 9QU


20 November 2024