HELLO AT LEND365 LTD
DIRECTORS' RESPONSIBILITIES STATEMENT
FOR THE PERIOD ENDED 30 SEPTEMBER 2024
The directors are responsible for preparing the Directors' Report and the financial statements in accordance with applicable law and regulations.
Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). Under company law the directors must not approve the financial statements unless they are 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 directors are required to:
∙select suitable accounting policies and then apply them consistently;
∙make judgments 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 directors are 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 to enable them to ensure that the financial statements comply with the Companies Act 2006. They are 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.
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HELLO AT LEND365 LTD
REGISTERED NUMBER: 12225971
BALANCE SHEET
AS AT 30 SEPTEMBER 2024
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Creditors: amounts falling due within one year
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Total assets less current liabilities
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Notes
Hello at Lend365 Ltd is a company registered in England and Wales, company number 12225971. The company's registered office address is Monument House, 215 Marsh Road, Pinner HA5 5NE.
The financial statements have been prepared on the going concern basis which assumes that the company will continue in operational existence for the foreseeable future and will be able to meet its liabilities as they fall due. There is uncertainty that the directors have had to consider in deciding to prepare the financial statements on a going concern basis, which is set out below.
The company has incurred an operating loss in the current period, and is reliant on the continued support of the principal creditor of the business in order to meet its liabilities as they fall due. The principal creditor is a company under common control of the shareholders, Inflow Private Finance Limited. The company is also dependant on the generation of profits and cash in the future as well as the control of costs. On the basis of current disclosed intentions, the directors believe that their plans for the generation of profits and the control of costs are realistic. Accordingly, the directors consider that it is appropriate to prepare the financial statements on a going concern basis.
If expectations in line with the plans were not achieved, the going concern basis may be invalid, and adjustments may have to be made to reduce the value of assets to their recoverable amount, to provide for any further liabilities that might arise, and to reclassify fixed assets and long term liabilities as current assets and liabilities.
Average number of employees
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The average monthly number of employees, including directors, during the period was 2 (2023 - 2).
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HELLO AT LEND365 LTD
REGISTERED NUMBER: 12225971
BALANCE SHEET (CONTINUED)
AS AT 30 SEPTEMBER 2024
Directors' confirmations
The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the period in question 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 financial statements.
These financial statements have been prepared in accordance with the provisions applicable to entities subject to the micro-entities' regime.
The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved and authorised for issue by the board and were signed on its behalf on 27 June 2025.
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