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REGISTERED NUMBER: 10560049 (England and Wales)















Report of the Director and

Unaudited Financial Statements for the Year Ended 31 December 2024

for

Head One Ltd

Head One Ltd (Registered number: 10560049)






Contents of the Financial Statements
for the Year Ended 31 December 2024




Page

Company Information 1

Report of the Director 2

Chartered Accountants' Report 3

Income Statement 4

Other Comprehensive Income 5

Balance Sheet 6

Statement of Changes in Equity 7

Notes to the Financial Statements 8


Head One Ltd

Company Information
for the Year Ended 31 December 2024







DIRECTOR: L Hesseldahl





REGISTERED OFFICE: 823 Salisbury House
29 Finsbury Circus
London
EC2M 5QQ





REGISTERED NUMBER: 10560049 (England and Wales)





ACCOUNTANTS: Krogh & Partners Limited
823 Salisbury House
29 Finsbury Circus
London
EC2M 5QQ

Head One Ltd (Registered number: 10560049)

Report of the Director
for the Year Ended 31 December 2024

The director presents his report with the financial statements of the company for the year ended 31 December 2024.

DIRECTOR
L Hesseldahl held office during the whole of the period from 1 January 2024 to the date of this report.

STATEMENT OF DIRECTOR'S RESPONSIBILITIES
The director is responsible for preparing the Report of the Director and the financial statements in accordance with applicable law and regulations.

Company law requires the director to prepare financial statements for each financial year. Under that law the director has elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the director must not approve the financial statements unless he is satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these financial statements, the director is required to:

- select suitable accounting policies and then apply them consistently;
- make judgements and accounting estimates that are reasonable and prudent;
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The director is responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable him to ensure that the financial statements comply with the Companies Act 2006. He is also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:





L Hesseldahl - Director


27 May 2025

Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
Head One Ltd (Registered number: 10560049)


In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Head One Ltd for the year ended 31 December 2024 which comprise the Income Statement, Other Comprehensive Income, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Head One Ltd in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Head One Ltd and state those matters that we have agreed to state to the director of Head One Ltd in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Head One Ltd and its director for our work or for this report.

It is your duty to ensure that Head One Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Head One Ltd. You consider that Head One Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Head One Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Krogh & Partners Limited
823 Salisbury House
29 Finsbury Circus
London
EC2M 5QQ


27 May 2025

Head One Ltd (Registered number: 10560049)

Income Statement
for the Year Ended 31 December 2024

2024 2023
Notes £    £   

TURNOVER - -

Administrative expenses 2,186 2,155
OPERATING LOSS (2,186 ) (2,155 )

Interest receivable and similar income 4 5,422 10,400
3,236 8,245

Interest payable and similar expenses 5 10,532 9,362
LOSS BEFORE TAXATION (7,296 ) (1,117 )

Tax on loss 6 - -
LOSS FOR THE FINANCIAL YEAR (7,296 ) (1,117 )

Head One Ltd (Registered number: 10560049)

Other Comprehensive Income
for the Year Ended 31 December 2024

2024 2023
Notes £    £   

LOSS FOR THE YEAR (7,296 ) (1,117 )


OTHER COMPREHENSIVE INCOME - -
TOTAL COMPREHENSIVE INCOME
FOR THE YEAR

(7,296

)

(1,117

)

Head One Ltd (Registered number: 10560049)

Balance Sheet
31 December 2024

2024 2023
Notes £    £   
CURRENT ASSETS
Debtors 7 58,175 83,129

CREDITORS
Amounts falling due within one year 8 91,791 109,449
NET CURRENT LIABILITIES (33,616 ) (26,320 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(33,616

)

(26,320

)

CAPITAL AND RESERVES
Called up share capital 9 1 1
Retained earnings 10 (33,617 ) (26,321 )
SHAREHOLDERS' FUNDS (33,616 ) (26,320 )

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 director acknowledges his 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 in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the director and authorised for issue on 27 May 2025 and were signed by:





L Hesseldahl - Director


Head One Ltd (Registered number: 10560049)

Statement of Changes in Equity
for the Year Ended 31 December 2024

Called up
share Retained Total
capital earnings equity
£    £    £   
Balance at 1 January 2023 1 (25,204 ) (25,203 )

Changes in equity
Total comprehensive income - (1,117 ) (1,117 )
Balance at 31 December 2023 1 (26,321 ) (26,320 )

Changes in equity
Total comprehensive income - (7,296 ) (7,296 )
Balance at 31 December 2024 1 (33,617 ) (33,616 )

Head One Ltd (Registered number: 10560049)

Notes to the Financial Statements
for the Year Ended 31 December 2024

1. STATUTORY INFORMATION

Head One Ltd 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.

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.

3. EMPLOYEES AND DIRECTORS

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

4. INTEREST RECEIVABLE AND SIMILAR INCOME
2024 2023
£    £   
Other finance income 5,422 6,175
Exchange rate difference - 4,225
5,422 10,400

5. INTEREST PAYABLE AND SIMILAR EXPENSES
2024 2023
£    £   
Other finance costs 2,650 9,362
Exchange rate difference 7,882 -
10,532 9,362

Head One Ltd (Registered number: 10560049)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

6. TAXATION

Analysis of the tax charge
No liability to UK corporation tax arose for the year ended 31 December 2024 nor for the year ended 31 December 2023.

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 58,175 83,129

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 2,000 2,000
Other creditors 89,791 107,449
91,791 109,449

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
1 Ordinary 1 1 1

10. RESERVES
Retained
earnings
£   

At 1 January 2024 (26,321 )
Deficit for the year (7,296 )
At 31 December 2024 (33,617 )

11. ULTIMATE CONTROLLING PARTY

Hesseldahl Administration ApS (incorporated in Denmark) is the smallest group to consolidate these financial statements and copies can be obtained from:

Birkeskrænten 38
DK- 8600 Silkeborg
Denmark