Get Hench Limited Accounts






Get Hench Limited

	Company No. 07417036
		Information for Filing with The Registrar
		31 March 2024

The Director presents his report and the accounts for the year ended 31 March 2024.

Principal activities
The principal activity of the company during the year under review was coaching and training.




Director

The Director who served at any time during the year was as follows:

Ademola Adeyeba









































































The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006.

Signed on behalf of the board

Ademola Adeyeba
Director
16 June 2025

at	31 March 2024
Company No.		07417036	Notes	2024	2023
				£	£
Fixed assets
	Intangible assets		4	116	232
	Tangible assets		5	-	-


				116	232
Current assets

	Debtors		6	-	610

	Cash at bank and in hand			377	628
				377	1,238
Creditors: Amount falling due within one year			7	(23,218)	(26,668)
Net current liabilities				(22,841)	(25,430)
Total assets less current liabilities				(22,725)	(25,198)




Net liabilities				(22,725)	(25,198)

Capital and reserves
	Called up share capital			100	100



	Profit and loss account		10	(22,825)	(25,298)

Total equity				(22,725)	(25,198)



These accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime of the Companies Act 2006.

For the year ended 31 March 2024 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 Companies Act 2006 with respect to accounting records and the preparation of accounts.



As permitted by section 444 (5A)of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company's profit and loss account.

Approved by the board on 16 June 2025 and signed on its behalf by:
Ademola Adeyeba
Director
16 June 2025

for the year ended 31 March 2024

General information

Get Hench Limited is a private company limited by shares and incorporated in England and Wales.

Its registered number is: 07417036

Its registered office is:

C17 Kestrel Business Centre

Colwick Industrial Estate

Nottingham

NG4 2JR

The accounts have been prepared in accordance with FRS 102 Section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Going concern

The financial statements have been prepared on the going concern basis. The principal creditors of the company are the director himself and a company in which he serves as a director. These creditors have indicated that they do not intend to withdraw their financial support in the foreseeable future.

Accounting policies

Turnover

Turnover represents the fair value of the consideration receivable in respect of services provided during the year. Where the outcome of a transaction can be estimated reliably, revenue associated with the transaction is recognised in the income statement by reference to the stage of completion at the year end.

Turnover is measured at the fair value of the consideration received or receivable. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Revenue from the sale of goods is recognised when all the following conditions are satisfied:
• the Company has transferred to the buyer the significant risks and rewards of ownership of the
goods;
• the Company retains neither continuing managerial involvement to the degree usually associated
with ownership nor effective control over the goods sold;
• the amount of revenue can be measured reliably;
• it is probable that the economic benefits associated with the transaction will flow to the Company;
and
• the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Specifically, revenue from the sale of goods is recognised when goods are delivered and legal title is passed.

Intangible fixed assets

Intangible fixed assets are carried at cost less accumulated amortisation and impairment losses.

Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the profit and loss account because of items of income or expense that are taxable or deductible in other years and 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 end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable temporary differences. Deferred tax assets are generally recognised for all deductible timing differences to the extent that it is probable that taxable profits will be available against which those deductible temporary differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period.

Current or deferred tax for the year is recognised in profit or loss, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts.

Trade and other creditors

Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Defined contribution pensions

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. Once the contributions have been paid the company has no further payments obligations.

The contributions are recognised as expenses when they fall due. Amounts not paid are shown in accruals in the balance sheet. The assets of the plan are held separately from the company in independently administered funds.

Financial instruments

Financial assets

Basic financial assets, including trade and other receivables and cash and bank balances, are recognised and carried forward at transaction price. Financial assets are derecognised when:

(a) The contractual rights to the cash flows from the asset expire or are settled;

(b) Substantially all the risks and rewards of the ownership of the asset are transferred to another party; or

(c) Control of the asset has been transferred to another party who has the practical ability to unilaterally sell the asset to an unrelated third party without imposing additional restrictions.

Financial liabilities

Basic financial liabilities, including trade and other payables, and loans from third parties are initially recognised and carried forward at transaction price.

Financial liabilities are derecognised when the liability is extinguished, that is when the contractual obligation is discharged, cancelled or expires.

The company has only financial assets and financial liabilities of a kind that qualify as a basic financial instruments. Basic financial instruments are recognised initially at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest rate method.

Provisions

Provisions are made where an event has taken place that gives the Company a legal or constructive obligation that probably requires settlement by a transfer of economic benefit, and a reliable estimate can be made of the amount of the obligation.

Provisions are charged as an expense to the profit and loss account in the year that the Company becomes aware of the obligation, and are measured at the best estimate at balance sheet date of the expenditure required to settle the obligation, taking into account relevant risks and uncertainties.

When payments are eventually made, they are charged to the provision carried in the balance sheet.

3	Employees
			2024	2023
			Number	Number
		The average monthly number of employees (including directors) during the year was:	1	2

4	Intangible fixed assets
			Other	Total
			£	£
		Cost
		At 1 April 2023	1,160	1,160


		At 31 March 2024	1,160	1,160
		Amortisation and impairment
		At 1 April 2023	928	928
		Charge for the year	116	116


		At 31 March 2024	1,044	1,044
		Net book values
		At 31 March 2024	116	116
		At 31 March 2023	232	232

5	Tangible fixed assets
			Fixtures, fittings and equipment	Total
			£	£
		Cost or revaluation
		At 1 April 2023	1,574	1,574




		At 31 March 2024	1,574	1,574
		Depreciation
		At 1 April 2023	1,574	1,574




		At 31 March 2024	1,574	1,574
		Net book values
		At 31 March 2024	-	-
		At 31 March 2023	-	-

6	Debtors
			2024	2023
			£	£






		Other debtors	-	610

			-	610

7	Creditors:
		amounts falling due within one year
			2024	2023
			£	£






		Taxes and social security	725	362
		Loans from directors	11,839	21,898
		Other creditors	6,749	-
		Accruals and deferred income	3,905	4,408
			23,218	26,668

Share Capital

Share Capital consists of 100 Ordinary Shares of £1 each, which are fully paid up.

Related Party Transactions

The director serves as a director in another company.

At 31 March 2024 the company owed £6,749.00 to this company (at 31 March 2023 the company was owed £610.00 by the company.

The loan is unsecured, free of interest and is repayable upon demand.

Reserves

Profit and loss account - includes all current and prior period retained profits and losses.