Hayes Cr Uk Ltd 14871664 false 2023-05-16 2024-05-31 2024-05-31 The principal activity of the company is Temporary employment agency activities;Residential nursing care facilities Digita Accounts Production Advanced 6.30.9574.0 true true 14871664 2023-05-16 2024-05-31 14871664 2024-05-31 14871664 bus:CompanySecretaryDirector1 2024-05-31 14871664 bus:CompanySecretaryDirector1 1 2024-05-31 14871664 bus:Director2 2024-05-31 14871664 bus:OrdinaryShareClass1 2024-05-31 14871664 core:CurrentFinancialInstruments 2024-05-31 14871664 core:CurrentFinancialInstruments core:WithinOneYear 2024-05-31 14871664 core:FurnitureFittingsToolsEquipment 2024-05-31 14871664 bus:SmallEntities 2023-05-16 2024-05-31 14871664 bus:AuditExemptWithAccountantsReport 2023-05-16 2024-05-31 14871664 bus:FilletedAccounts 2023-05-16 2024-05-31 14871664 bus:SmallCompaniesRegimeForAccounts 2023-05-16 2024-05-31 14871664 bus:RegisteredOffice 2023-05-16 2024-05-31 14871664 bus:CompanySecretaryDirector1 2023-05-16 2024-05-31 14871664 bus:CompanySecretaryDirector1 1 2023-05-16 2024-05-31 14871664 bus:Director2 2023-05-16 2024-05-31 14871664 bus:OrdinaryShareClass1 2023-05-16 2024-05-31 14871664 bus:PrivateLimitedCompanyLtd 2023-05-16 2024-05-31 14871664 core:FurnitureFittingsToolsEquipment 2023-05-16 2024-05-31 14871664 countries:England 2023-05-16 2024-05-31 14871664 bus:CompanySecretaryDirector1 1 2023-05-15 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 14871664

Hayes Cr Uk Ltd

Unaudited Filleted Financial Statements

for the Period from 16 May 2023 to 31 May 2024

 

Hayes Cr Uk Ltd

Contents

Company Information

1

Directors' Report

2

Balance Sheet

3

Notes to the Unaudited Financial Statements

4 to 10

 

Hayes Cr Uk Ltd

Company Information

Directors

Mr Zwelibanzi Moyo-Modise

Miss Carmen Auxiliadora Dominguez Cuberos

Company secretary

Mr Zwelibanzi Moyo-Modise

Registered office

6 Sandy Park Farm
Old Rydon Lane
Exeter
EX2 7JW

Accountants

K & N Accounting Ltd
60 Windsor Avenue
London
South West London
SW19 2RR

 

Hayes Cr Uk Ltd

Directors' Report for the Period from 16 May 2023 to 31 May 2024

The directors present their report and the financial statements for the period from 16 May 2023 to 31 May 2024.

Incorporation

The company was incorporated on 16 May 2023.

Directors of the company

The directors who held office during the period were as follows:

Mr Zwelibanzi Moyo-Modise - Company secretary and director (appointed 16 May 2023)

Miss Carmen Auxiliadora Dominguez Cuberos (appointed 16 May 2023)

Principal activity

The principal activity of the company is Temporary employment agency activities;Residential nursing care facilities

Small companies provision statement

This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved by the Board on 6 February 2025 and signed on its behalf by:

.........................................
Mr Zwelibanzi Moyo-Modise
Company secretary and director

   
     
 

Hayes Cr Uk Ltd

(Registration number: 14871664)
Balance Sheet as at 31 May 2024

Note

2024
£

Fixed assets

 

Tangible assets

4

450

Current assets

 

Debtors

5

6,280

Cash at bank and in hand

 

378

 

6,658

Creditors: Amounts falling due within one year

6

(7,018)

Net current liabilities

 

(360)

Net assets

 

90

Capital and reserves

 

Called up share capital

7

2

Retained earnings

88

Shareholders' funds

 

90

For the financial period ending 31 May 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 6 February 2025 and signed on its behalf by:
 

.........................................
Mr Zwelibanzi Moyo-Modise
Company secretary and director

   
     
 

Hayes Cr Uk Ltd

Notes to the Unaudited Financial Statements for the Period from 16 May 2023 to 31 May 2024

1

General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
6 Sandy Park Farm
Old Rydon Lane
Exeter
EX2 7JW
England

These financial statements were authorised for issue by the Board on 6 February 2025.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

 

Hayes Cr Uk Ltd

Notes to the Unaudited Financial Statements for the Period from 16 May 2023 to 31 May 2024

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

 

Hayes Cr Uk Ltd

Notes to the Unaudited Financial Statements for the Period from 16 May 2023 to 31 May 2024

3

Staff numbers

The average number of persons employed by the company (including directors) during the period, was 5.

 

Hayes Cr Uk Ltd

Notes to the Unaudited Financial Statements for the Period from 16 May 2023 to 31 May 2024

4

Tangible assets

Furniture, fittings and equipment
 £

Total
£

Cost or valuation

Additions

600

600

At 31 May 2024

600

600

Depreciation

Charge for the period

150

150

At 31 May 2024

150

150

Carrying amount

At 31 May 2024

450

450

5

Debtors

Current

2024
£

Other debtors

6,280

 

6,280

6

Creditors

Creditors: amounts falling due within one year

2024
£

Due within one year

Taxation and social security

7,018

7

Share capital

Allotted, called up and fully paid shares

2024

No.

£

Ordinary of £1 each

2

2

   
 

Hayes Cr Uk Ltd

Notes to the Unaudited Financial Statements for the Period from 16 May 2023 to 31 May 2024

8

Dividends

2024

£

Final dividend of £15,000.00 per ordinary share

15,000

 

9

Related party transactions

 

Hayes Cr Uk Ltd

Notes to the Unaudited Financial Statements for the Period from 16 May 2023 to 31 May 2024

Transactions with directors

2024

At 16 May 2023
£

Advances to director
£

At 31 May 2024
£

Mr Zwelibanzi Moyo-Modise

Advance

-

6,280

6,280

 

Hayes Cr Uk Ltd

Notes to the Unaudited Financial Statements for the Period from 16 May 2023 to 31 May 2024

Directors' remuneration

The directors' remuneration for the period was as follows:

2024
£

Remuneration

9,100

Contributions paid to money purchase schemes

443

9,543