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REGISTERED NUMBER: 11106423 (England and Wales)
















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

HEXAGONFAB LIMITED

HEXAGONFAB LIMITED (REGISTERED NUMBER: 11106423)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


HEXAGONFAB LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2024







DIRECTORS: R Wang
S G Douglas
C Major
O J F Hardick
L Rajah
A Jones





REGISTERED OFFICE: Unit 1, Cambridge House
Camboro Business Park
Oakington Road, Girton
CAMBRIDGE
Cambridgeshire
CB3 0QH





REGISTERED NUMBER: 11106423 (England and Wales)





ACCOUNTANTS: Staffords
Chartered Accountants
Unit 1, Cambridge House
Camboro Business Park
Oakington Road, Girton
CAMBRIDGE
Cambridgeshire
CB3 0QH

HEXAGONFAB LIMITED (REGISTERED NUMBER: 11106423)

BALANCE SHEET
31 DECEMBER 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 76,985 58,762

CURRENT ASSETS
Debtors 5 299,619 233,844
Cash at bank 2,516,102 371,643
2,815,721 605,487
CREDITORS
Amounts falling due within one year 6 115,459 84,758
NET CURRENT ASSETS 2,700,262 520,729
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,777,247

579,491

CAPITAL AND RESERVES
Called up share capital 8 2,287 1,220
Share premium 6,756,915 3,257,983
Retained earnings (3,981,955 ) (2,679,712 )
SHAREHOLDERS' FUNDS 2,777,247 579,491

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 24 April 2025 and were signed on its behalf by:





R Wang - Director


HEXAGONFAB LIMITED (REGISTERED NUMBER: 11106423)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024


1. STATUTORY INFORMATION

HexagonFab 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.

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 - 25% on cost
Fixtures and fittings - 25% on cost
Computer equipment - 33% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit & 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.

Research and development
Expenditure on research and development is written off in the year in which it is incurred.


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 14 (2023 - 15 ) .

HEXAGONFAB LIMITED (REGISTERED NUMBER: 11106423)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024


4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
COST
At 1 January 2024 28,589 59,114 20,591 108,294
Additions 2,208 36,388 13,347 51,943
Disposals - - (737 ) (737 )
At 31 December 2024 30,797 95,502 33,201 159,500
DEPRECIATION
At 1 January 2024 23,332 15,448 10,752 49,532
Charge for year 3,559 22,638 7,173 33,370
Eliminated on disposal - - (387 ) (387 )
At 31 December 2024 26,891 38,086 17,538 82,515
NET BOOK VALUE
At 31 December 2024 3,906 57,416 15,663 76,985
At 31 December 2023 5,257 43,666 9,839 58,762

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors - 8,714
Other debtors 299,619 225,130
299,619 233,844

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 60,075 23,692
Other creditors 55,384 61,066
115,459 84,758

7. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2024 2023
£    £   
Within one year 21,000 84,000
Between one and five years - 21,000
21,000 105,000

HEXAGONFAB LIMITED (REGISTERED NUMBER: 11106423)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024


7. LEASING AGREEMENTS - continued

The rental lease is a two year arrangement which is due to expire on 2 April 2025 and has therefore been disclosed showing the full commitment to the end date as there is no break clause in the lease agreement,

There are additional service charge and insurance costs related to the company's occupation of the premises but these vary according to usage of the facilities and are not included in the above minimum lease payment totals.

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £ £
11,469,048 Ordinary 0.01p 1,146 1,146
730,422 Deferred 0.01p 73 73
1,481,588 Series A1 0.01p 148 0
9,185,727 Series A2 0.01p 919 0
2,286 1,220

During the year a new class of shares was created, being the Series A1 & A2 shares £0.0001.

9. RELATED PARTY DISCLOSURES

There were no material transactions with related parties that were not concluded under normal market conditions.