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REGISTERED NUMBER: 15511185 (England and Wales)















Financial Statements

for the Period 21 February 2024 to 31 December 2024

for

Henge UK Ltd

Henge UK Ltd (Registered number: 15511185)






Contents of the Financial Statements
for the Period 21 February 2024 to 31 December 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Henge UK Ltd

Company Information
for the Period 21 February 2024 to 31 December 2024







DIRECTORS: D' Arco
G Ravaglia
S Cazzaniga



REGISTERED OFFICE: 5th Floor
10 Brook Street
Mayfair
London
W1S 1BG



REGISTERED NUMBER: 15511185 (England and Wales)



SENIOR STATUTORY AUDITOR: Lorraine Curtis



AUDITORS: Nordens Audit Limited
The Retreat
406 Roding Lane South
Woodford Green
Essex
IG8 8EY

Henge UK Ltd (Registered number: 15511185)

Balance Sheet
31 December 2024

Notes £    £   
FIXED ASSETS
Intangible assets 4 286,856
Tangible assets 5 294,596
581,452

CURRENT ASSETS
Debtors 6 261,189
Cash at bank 35,494
296,683
CREDITORS
Amounts falling due within one year 7 1,441,546
NET CURRENT LIABILITIES (1,144,863 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(563,411

)

CAPITAL AND RESERVES
Called up share capital 10,000
Retained earnings (573,411 )
(563,411 )

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 17 July 2025 and were signed on its behalf by:





S Cazzaniga - Director


Henge UK Ltd (Registered number: 15511185)

Notes to the Financial Statements
for the Period 21 February 2024 to 31 December 2024

1. STATUTORY INFORMATION

Henge UK 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Henge UK Ltd (Registered number: 15511185)

Notes to the Financial Statements - continued
for the Period 21 February 2024 to 31 December 2024

2. ACCOUNTING POLICIES - continued

Financial instruments
Financial assets
The company's financial assets comprise basic financial instruments, being trade and other receivables, amounts owed by group undertakings, prepayments, accrued income and cash and bank balances. Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of no more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months or less from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.
Trade, other receivable, prepayments, accrued income and amounts owed by group undertakings are measured at transaction price less any impairment. Any impairment loss is recognised in the Profit and Loss. Financial assets are derecognised when contractual rights to the cash flows from the financial asset expires or are settled, or when substantially all the risks and rewards of ownership have been transferred.

Financial liabilities
Financial liabilities The company's financial liabilities comprise of basic financial liabilities, including trade and other payables, corporation tax, accruals and deferred income. These are initially recognised at transaction price.Trade payables are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Financial liabilities are derecognised when the liability is extinguished, that is when the contractual obligation is discharged, cancelled or expires.

Cash and cash equivalents
Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

Employee benefits
The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets. The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received. Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

Retirement benefits
Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

Equity instruments
Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs.Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

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.


Henge UK Ltd (Registered number: 15511185)

Notes to the Financial Statements - continued
for the Period 21 February 2024 to 31 December 2024

2. ACCOUNTING POLICIES - continued
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.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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.

Tangible fixed assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.

Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Long leasehold property - On straight line basis over the lease term
Equipment - 20% straight line

Impairment of fixed assets
A review for indicators of impairment is carried our at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset
is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.
For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at costless any accumulated amortisation and any accumulated impairment losses.

Lease premium is being amortised evenly over its estimated useful life of 7.76 years

Going concern
The financial statements have been prepared on the going concern basis, which assumes the company will continue in operation for the foreseeable future and has neither the intention nor the necessity to liquidate or cease trading. The directors have assessed the company’s financial position and are satisfied that the company will be able to continue as a going concern for at least 12 months from the date of approval of these financial statements.

Henge UK Ltd (Registered number: 15511185)

Notes to the Financial Statements - continued
for the Period 21 February 2024 to 31 December 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 3 .

4. INTANGIBLE FIXED ASSETS
Lease
premium
£   
COST
Additions 321,708
At 31 December 2024 321,708
AMORTISATION
Amortisation for period 34,852
At 31 December 2024 34,852
NET BOOK VALUE
At 31 December 2024 286,856

5. TANGIBLE FIXED ASSETS
Long Computer
leasehold equipment Totals
£    £    £   
COST
Additions 318,729 3,832 322,561
At 31 December 2024 318,729 3,832 322,561
DEPRECIATION
Charge for period 27,749 216 27,965
At 31 December 2024 27,749 216 27,965
NET BOOK VALUE
At 31 December 2024 290,980 3,616 294,596

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
VAT 167,113
Prepayments 94,076
261,189

Henge UK Ltd (Registered number: 15511185)

Notes to the Financial Statements - continued
for the Period 21 February 2024 to 31 December 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade creditors 2,008
Amounts owed to group undertakings 1,032,494
Deferred Tax 39,306
Social security and other taxes 10,529
Other creditors 119,920
Accruals and deferred income 237,289
1,441,546

8. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Lorraine Curtis (Senior Statutory Auditor)
for and on behalf of Nordens Audit Limited