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REGISTERED NUMBER: 10507800 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2024

for

Neil Hepworth Limited

Neil Hepworth Limited (Registered number: 10507800)






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


Neil Hepworth Limited

Company Information
for the Year Ended 31 December 2024







DIRECTOR: N R Hepworth





REGISTERED OFFICE: c/o ABC Accounting Services
1 Willoughton Place
Wharton Close
Gainsborough
Lincolnshire
DN21 1EB





REGISTERED NUMBER: 10507800 (England and Wales)





ACCOUNTANTS: ABC Accounting Services
1 Willoughton Place
Wharton Close
Gainsborough
Lincolnshire
DN21 1EB

Neil Hepworth Limited (Registered number: 10507800)

Balance Sheet
31 December 2024

31.12.24 31.12.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 4,153 4,886

CURRENT ASSETS
Cash at bank 6,665 9,023

CREDITORS
Amounts falling due within one year 5 1,821 1,821
NET CURRENT ASSETS 4,844 7,202
TOTAL ASSETS LESS CURRENT
LIABILITIES

8,997

12,088

CREDITORS
Amounts falling due after more than one
year

6

5,022

6,029
NET ASSETS 3,975 6,059

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 3,875 5,959
3,975 6,059

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 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 director and authorised for issue on 27 June 2025 and were signed by:




N R Hepworth - Director


Neil Hepworth Limited (Registered number: 10507800)

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

1. STATUTORY INFORMATION

Neil Hepworth 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.

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 etc - 33% on cost and 15% on reducing balance

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 recognized 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 recognized in respect of all timing differences that have originated but not reversed at the balance sheet date. No provision has been made in the accounts because of the immaterial amount involved.

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Plant and Computer
machinery equipment Totals
£    £    £   
COST
At 1 January 2024
and 31 December 2024 9,360 530 9,890
DEPRECIATION
At 1 January 2024 4,474 530 5,004
Charge for year 733 - 733
At 31 December 2024 5,207 530 5,737
NET BOOK VALUE
At 31 December 2024 4,153 - 4,153
At 31 December 2023 4,886 - 4,886

Neil Hepworth Limited (Registered number: 10507800)

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

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Bank loans and overdrafts 1,101 1,101
Accrued expenses 720 720
1,821 1,821

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.12.24 31.12.23
£    £   
Bank loans - 1-2 years 1,101 1,101
Bank loans - 2-5 years 3,921 4,928
5,022 6,029

7. RELATED PARTY DISCLOSURES

During the year, total dividends of £500 (2023 - £1,000) were paid to the director .

The controlling party is N R Hepworth.