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Company Registration No. 11665690 (England and Wales)
Hayes Financial Planning Limited Unaudited accounts for the period from 1 December 2023 to 31 March 2025
Hayes Financial Planning Limited Unaudited accounts Contents
Page
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Hayes Financial Planning Limited Company Information for the period from 1 December 2023 to 31 March 2025
Directors
Mr M G Hayes Mrs H S Hayes
Company Number
11665690 (England and Wales)
Registered Office
5 Juniper Close Reigate RH2 7NQ
Accountants
MIB Accountants Limited Kingfisher House 21-23 Elmfield Road Bromley Kent BR1 1LT
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Hayes Financial Planning Limited Statement of financial position as at 31 March 2025
2025 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
50,287 
68,126 
Tangible assets
- 
8,405 
50,287 
76,531 
Current assets
Debtors
6,980 
23,374 
Cash at bank and in hand
9 
76,403 
6,989 
99,777 
Creditors: amounts falling due within one year
(57,176)
(61,218)
Net current (liabilities)/assets
(50,187)
38,559 
Total assets less current liabilities
100 
115,090 
Creditors: amounts falling due after more than one year
- 
(71,303)
Net assets
100 
43,787 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
- 
43,687 
Shareholders' funds
100 
43,787 
For the period ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 11 June 2025 and were signed on its behalf by
Mr M G Hayes Director Company Registration No. 11665690
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Hayes Financial Planning Limited Notes to the Accounts for the period from 1 December 2023 to 31 March 2025
1
Statutory information
Hayes Financial Planning Limited is a private company, limited by shares, registered in England and Wales, registration number 11665690. The registered office is 5 Juniper Close, Reigate, RH2 7NQ.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous period, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets. The company changed its accounting year end from 30 November 2024 to 31 March 2025. The company ceased trading on 31 March 2025.
Presentation currency
The accounts are presented in £ sterling.
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 and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
25% straight line
Fixtures & fittings
25% straight line
Computer equipment
25% straight line
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation. Goodwill, being the amount paid in connection with the acquisition of a business in 2019, is being amortised evenly over its estimated useful life of ten years.
Taxation
The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.
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Hayes Financial Planning Limited Notes to the Accounts for the period from 1 December 2023 to 31 March 2025
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 December 2023
133,785 
At 31 March 2025
133,785 
Amortisation
At 1 December 2023
65,659 
Charge for the period
17,839 
At 31 March 2025
83,498 
Net book value
At 31 March 2025
50,287 
At 30 November 2023
68,126 
5
Tangible fixed assets
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 December 2023
13,600 
1,343 
5,517 
20,460 
Disposals
(13,600)
(1,343)
(5,517)
(20,460)
At 31 March 2025
- 
- 
- 
- 
Depreciation
At 1 December 2023
6,800 
672 
4,583 
12,055 
On disposals
(6,800)
(672)
(4,583)
(12,055)
At 31 March 2025
- 
- 
- 
- 
Net book value
At 31 March 2025
- 
- 
- 
- 
At 30 November 2023
6,800 
671 
934 
8,405 
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Hayes Financial Planning Limited Notes to the Accounts for the period from 1 December 2023 to 31 March 2025
6
Debtors
2025 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
- 
16,394 
Other debtors
6,980 
6,980 
6,980 
23,374 
7
Creditors: amounts falling due within one year
2025 
2023 
£ 
£ 
Bank loans and overdrafts
- 
14,900 
Taxes and social security
12,354 
19,867 
Other creditors
44,822 
26,451 
57,176 
61,218 
8
Creditors: amounts falling due after more than one year
2025 
2023 
£ 
£ 
Bank loans
- 
71,303 
9
Transactions with related parties
Included within debtors at the year end is £6,980 (November 2023: £6,980) due from a company in which Mr M G Hayes is a director. Included within creditors at the year end is £42,455 due to a company in which Mrs H S Hayes in a director.
10
Average number of employees
During the period the average number of employees was 2 (2023: 2).
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