IRIS Accounts Production v24.3.2.46 01927454 Board of Directors 1.7.23 30.6.24 30.6.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh019274542023-06-30019274542024-06-30019274542023-07-012024-06-30019274542022-06-30019274542022-07-012023-06-30019274542023-06-3001927454ns15:EnglandWales2023-07-012024-06-3001927454ns14:PoundSterling2023-07-012024-06-3001927454ns10:Director12023-07-012024-06-3001927454ns10:PrivateLimitedCompanyLtd2023-07-012024-06-3001927454ns10:SmallEntities2023-07-012024-06-3001927454ns10:AuditExempt-NoAccountantsReport2023-07-012024-06-3001927454ns10:SmallCompaniesRegimeForDirectorsReport2023-07-012024-06-3001927454ns10:SmallCompaniesRegimeForAccounts2023-07-012024-06-3001927454ns10:FullAccounts2023-07-012024-06-3001927454ns10:Director22023-07-012024-06-3001927454ns10:Director32023-07-012024-06-3001927454ns10:CompanySecretary12023-07-012024-06-3001927454ns10:RegisteredOffice2023-07-012024-06-3001927454ns5:CurrentFinancialInstruments2024-06-3001927454ns5:CurrentFinancialInstruments2023-06-3001927454ns5:Non-currentFinancialInstruments2024-06-3001927454ns5:Non-currentFinancialInstruments2023-06-3001927454ns5:ShareCapital2024-06-3001927454ns5:ShareCapital2023-06-3001927454ns5:CapitalRedemptionReserve2024-06-3001927454ns5:CapitalRedemptionReserve2023-06-3001927454ns5:RetainedEarningsAccumulatedLosses2024-06-3001927454ns5:RetainedEarningsAccumulatedLosses2023-06-3001927454ns5:FurnitureFittings2023-07-012024-06-3001927454ns5:ComputerEquipment2023-07-012024-06-3001927454ns5:PlantMachinery2023-06-3001927454ns5:PlantMachinery2023-07-012024-06-3001927454ns5:PlantMachinery2024-06-3001927454ns5:PlantMachinery2023-06-3001927454ns5:WithinOneYearns5:CurrentFinancialInstruments2024-06-3001927454ns5:WithinOneYearns5:CurrentFinancialInstruments2023-06-3001927454ns5:DeferredTaxation2023-06-3001927454ns5:DeferredTaxation2023-07-012024-06-3001927454ns5:DeferredTaxation2024-06-30
REGISTERED NUMBER: 01927454 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 June 2024

for

Hanson Zandi Advertising Limited

Hanson Zandi Advertising Limited (Registered number: 01927454)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Hanson Zandi Advertising Limited

Company Information
for the Year Ended 30 June 2024







DIRECTORS: Mr M C Cornwell
Ms K Horne
Mr R N Triggs





SECRETARY: Mr R N Triggs





REGISTERED OFFICE: c/o Wilson Partners Limited,
TOR
Saint-Cloud Way
Maidenhead
Berkshire
SL6 8BN





REGISTERED NUMBER: 01927454 (England and Wales)





ACCOUNTANTS: Wilson Partners Limited
Chartered Accountants
TOR
Saint-Cloud Way
Maidenhead
Berkshire
SL6 8BN

Hanson Zandi Advertising Limited (Registered number: 01927454)

Balance Sheet
30 June 2024

30.6.24 30.6.23
Notes £    £   
FIXED ASSETS
Tangible assets 4 4,470 7,936

CURRENT ASSETS
Debtors 5 98,074 88,597
Cash at bank 107,440 204,259
205,514 292,856
CREDITORS
Amounts falling due within one year 6 (43,908 ) (123,521 )
NET CURRENT ASSETS 161,606 169,335
TOTAL ASSETS LESS CURRENT LIABILITIES 166,076 177,271

CREDITORS
Amounts falling due after more than one year 7 (15,905 ) (25,743 )

PROVISIONS FOR LIABILITIES 8 (849 ) (1,508 )
NET ASSETS 149,322 150,020

CAPITAL AND RESERVES
Called up share capital 5,050 5,050
Capital redemption reserve 4,950 4,950
Retained earnings 139,322 140,020
SHAREHOLDERS' FUNDS 149,322 150,020

Hanson Zandi Advertising Limited (Registered number: 01927454)

Balance Sheet - continued
30 June 2024


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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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 21 March 2025 and were signed on its behalf by:





Mr R N Triggs - Director


Hanson Zandi Advertising Limited (Registered number: 01927454)

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

1. STATUTORY INFORMATION

Hanson Zandi Advertising 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.

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.

The accounts are prepared on a going concern basis as in the opinion of the directors the company has sufficient finance available to it to meet its obligations as they fall due for the foreseeable future, that is at least 12 months from the date of approval of the accounts.

Significant judgements and estimates
In the application of the company's accounting policies, the directors are required to make judgements,estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the
company and the revenue can be reliably measured. Revenue is measured as the fair value of the
consideration received or receivable, excluding discounts, rebates, value added tax and other sales
taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are
provided in accordance with the stage of completion of the contract when all of the following
conditions are satisfied:
- the amount of revenue can be measured reliably;
- it is probable that the company will receive the consideration due under the contract;
- the stage of completion of the contract at the end of the reporting period can be measured
reliably; and
- the costs incurred and the costs to complete the contract can be measured reliably.

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 - 20% on cost
Computer equipment - 33% on cost

Tangible assets are included at cost less depreciation and impairment.

Financial instruments
Basic financial instruments are recognised at amortised cost using the effective interest method, except for investments in non-convertible preference and non-puttable preference and ordinary shares, which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and therefore at fair value, with changes recognised in profit and loss.


Hanson Zandi Advertising Limited (Registered number: 01927454)

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

2. ACCOUNTING POLICIES - continued
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.

Foreign currency translation
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.

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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2023 - 7 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 July 2023 38,172
Additions 1,091
Disposals (5,941 )
At 30 June 2024 33,322
DEPRECIATION
At 1 July 2023 30,236
Charge for year 4,557
Eliminated on disposal (5,941 )
At 30 June 2024 28,852
NET BOOK VALUE
At 30 June 2024 4,470
At 30 June 2023 7,936

Hanson Zandi Advertising Limited (Registered number: 01927454)

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

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Trade debtors 63,414 59,618
Other debtors 34,660 28,979
98,074 88,597

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Bank loans and overdrafts 10,648 10,648
Trade creditors 5,778 2,830
Amounts owed to group undertakings - 750
Taxation and social security 12,065 53,561
Other creditors 15,417 55,732
43,908 123,521

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
30.6.24 30.6.23
£    £   
Bank loans 15,905 25,743

8. PROVISIONS FOR LIABILITIES
30.6.24 30.6.23
£    £   
Deferred tax 849 1,508

Deferred
tax
£   
Balance at 1 July 2023 1,508
Provided during year (659 )
Balance at 30 June 2024 849

9. ULTIMATE CONTROLLING PARTY

There is no single ultimate controlling party.