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REGISTERED NUMBER: 07891556 (England and Wales)















Hexcam Limited

Unaudited Financial Statements

for the period

1 January 2024 to 30 September 2024






Hexcam Limited (Registered number: 07891556)

Contents of the Financial Statements
for the period 1 January 2024 to 30 September 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Hexcam Limited

Company Information
for the period 1 January 2024 to 30 September 2024







Directors: R A Cory-Wright
J Burch
D Jones





Registered office: 71-75 Shelton Street
Covent Garden
London
WC2H 9JQ





Registered number: 07891556 (England and Wales)






Hexcam Limited (Registered number: 07891556)

Balance Sheet
30 September 2024

2024 2023
Notes £ £ £ £
Fixed assets
Tangible assets 4 52,414 22,289

Current assets
Debtors 5 24,093 37,893
Cash at bank 46,859 35,366
70,952 73,259
Creditors
Amounts falling due within one year 6 22,333 21,326
Net current assets 48,619 51,933
Total assets less current liabilities 101,033 74,222

Provisions for liabilities - 4,249
Net assets 101,033 69,973

Capital and reserves
Called up share capital 7 2 2
Retained earnings 8 101,031 69,971
101,033 69,973

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 September 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 25 June 2025 and were signed on its behalf by:





D Jones - Director


Hexcam Limited (Registered number: 07891556)

Notes to the Financial Statements
for the period 1 January 2024 to 30 September 2024


1. Statutory information

Hexcam 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.

Going concern
The financial statements have been prepared on a going concern basis. The Directors have reviewed and considered relevant information, including the annual budget and future cash flows in making their assessment.

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 - 33% on cost
Fixtures and fittings - 20% on cost
Computer equipment - 33% on cost

Government grants
Grants are accounted for under the accruals model as permitted by FRS102.

Grants of a revenue nature are recognised in the income statement in the same period as the related expenditure.

The company has taken advantage of one of the local government grants and, consistent with the point above, income has been classified as other income in the income statement.

Taxation
Taxation for the period 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 period 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Hexcam Limited (Registered number: 07891556)

Notes to the Financial Statements - continued
for the period 1 January 2024 to 30 September 2024


2. Accounting policies - continued

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 period was 2 (2023 - 2 ) .

4. Tangible fixed assets
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£ £ £ £
Cost
At 1 January 2024 61,321 270 15,623 77,214
Additions 43,423 - 3,374 46,797
At 30 September 2024 104,744 270 18,997 124,011
Depreciation
At 1 January 2024 45,781 71 9,073 54,925
Charge for period 13,626 40 3,006 16,672
At 30 September 2024 59,407 111 12,079 71,597
Net book value
At 30 September 2024 45,337 159 6,918 52,414
At 31 December 2023 15,540 199 6,550 22,289

5. Debtors: amounts falling due within one year
2024 2023
£ £
Trade debtors 21,282 22,964
Other debtors 2,811 14,929
24,093 37,893

6. Creditors: amounts falling due within one year
2024 2023
£ £
Trade creditors 5,374 6,757
Taxation and social security 8,174 2,175
Other creditors 8,785 12,394
22,333 21,326

7. Called up share capital

At the balance sheet date the shares held in the company were as follows:

Mr E J Corke: 52 shares at £0.01 each
Mrs L Corke: 22 shares at £0.01 each
Mr A Bodycombe: 48 shares at £0.01 each
Mr R A Cory-Wright: 48 shares at £0.01 each

Treasury shares: 30 shares at £0.01 each

Hexcam Limited (Registered number: 07891556)

Notes to the Financial Statements - continued
for the period 1 January 2024 to 30 September 2024


8. Reserves
Retained
earnings
£

At 1 January 2024 69,971
Profit for the period 41,872
Dividends (10,812 )
At 30 September 2024 101,031

9. Related party disclosures

During the year, total dividends of £10,812 (2023: £16,000) were paid to directors.

10. Post balance sheet events

On 11 February 2025 the total share capital within the company was acquired by Gallos Technologies Limited.