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REGISTERED NUMBER: 10607422 (England and Wales)















Unaudited Financial Statements for the Year Ended 28th February 2025

for

Hodges Financial Consultancy Limited

Hodges Financial Consultancy Limited (Registered number: 10607422)






Contents of the Financial Statements
for the Year Ended 28th February 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Hodges Financial Consultancy Limited

Company Information
for the Year Ended 28th February 2025







DIRECTORS: J S Hodges
D Hodges





REGISTERED OFFICE: 1579 London Road
Leigh on Sea
Essex
SS9 2SG





REGISTERED NUMBER: 10607422 (England and Wales)





ACCOUNTANTS: Beam & Co Accountancy Limited
1579 London Road
Leigh on Sea
Essex
SS9 2SG

Hodges Financial Consultancy Limited (Registered number: 10607422)

Balance Sheet
28th February 2025

28.2.25 28.2.24
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,384 1,203

CURRENT ASSETS
Debtors 5 40,725 26,605
Cash at bank 42,590 43,510
83,315 70,115
CREDITORS
Amounts falling due within one year 6 49,946 36,837
NET CURRENT ASSETS 33,369 33,278
TOTAL ASSETS LESS CURRENT
LIABILITIES

34,753

34,481

PROVISIONS FOR LIABILITIES 263 229
NET ASSETS 34,490 34,252

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 34,390 34,152
SHAREHOLDERS' FUNDS 34,490 34,252

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28th February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28th February 2025 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 10th April 2025 and were signed on its behalf by:





J S Hodges - Director


Hodges Financial Consultancy Limited (Registered number: 10607422)

Notes to the Financial Statements
for the Year Ended 28th February 2025

1. STATUTORY INFORMATION

Hodges Financial Consultancy 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.

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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 33% on cost, 25% on reducing balance, 15% on reducing balance and at variable rates on reducing balance

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.

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 2 (2024 - 2 ) .

Hodges Financial Consultancy Limited (Registered number: 10607422)

Notes to the Financial Statements - continued
for the Year Ended 28th February 2025

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 29th February 2024 5,080
Additions 692
At 28th February 2025 5,772
DEPRECIATION
At 29th February 2024 3,877
Charge for year 511
At 28th February 2025 4,388
NET BOOK VALUE
At 28th February 2025 1,384
At 28th February 2024 1,203

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.25 28.2.24
£    £   
Trade debtors 39,166 24,378
Other debtors 1,559 2,227
40,725 26,605

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.25 28.2.24
£    £   
Trade creditors 14,925 7,743
Taxation and social security 32,770 27,268
Other creditors 2,251 1,826
49,946 36,837

7. OTHER FINANCIAL COMMITMENTS

At the reporting date the company had commitments under non-cancellable operating leases. Future minimum lease payments at the balance sheet date were: £8,127 due within one year and £6,284 due greater than one year.