HEADWAY FINANCIAL MANAGEMENT LIMITED

Company Registration Number:
06734841 (England and Wales)

Unaudited abridged accounts for the year ended 31 October 2024

Period of accounts

Start date: 01 November 2023

End date: 31 October 2024

HEADWAY FINANCIAL MANAGEMENT LIMITED

Contents of the Financial Statements

for the Period Ended 31 October 2024

Company Information - 3
Report of the Directors - 4
Balance sheet - 5
Additional notes - 7
Balance sheet notes - 11

HEADWAY FINANCIAL MANAGEMENT LIMITED

Company Information

for the Period Ended 31 October 2024




Director: Helen E A Duncan
Registered office: Hagley Road Business Hub
8 Hagley Road
Stourbridge
England
DY8 1PS
Company Registration Number: 06734841 (England and Wales)

HEADWAY FINANCIAL MANAGEMENT LIMITED

Directors' Report Period Ended 31 October 2024

The directors present their report with the financial statements of the company for the period ended 31 October 2024

Principal Activities

The principal activity of the company is the provision of management services.

Political and charitable donations

The company's charitable donations during the period amounted to £75.76. No political donations were made.

Directors

The directors shown below have held office during the whole of the period from 01 November 2023 to 31 October 2024
Helen E A Duncan

This report was approved by the board of directors on 21 July 2025
And Signed On Behalf Of The Board By:

Name: Helen E A Duncan
Status: Director

HEADWAY FINANCIAL MANAGEMENT LIMITED

Balance sheet

As at 31 October 2024


Notes

2024
£

2023
£
Fixed assets
Tangible assets: 6 1,237 1,007
Total fixed assets: 1,237 1,007
Current assets
Debtors: 2,065 8,300
Cash at bank and in hand: 8,593 6,620
Total current assets: 10,658 14,920
Creditors: amounts falling due within one year: ( 11,201 ) ( 9,442 )
Net current assets (liabilities): ( 543 ) 5,478
Total assets less current liabilities: 694 6,485
Provision for liabilities: ( 235 ) ( 191 )
Total net assets (liabilities): 459 6,294

The notes form part of these financial statements

HEADWAY FINANCIAL MANAGEMENT LIMITED

Balance sheet continued

As at 31 October 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 1 1
Profit and loss account: 458 6,293
Shareholders funds: 459 6,294

For the year ending 31 October 2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 21 July 2025
And Signed On Behalf Of The Board By:

Name: Helen E A Duncan
Status: Director

The notes form part of these financial statements

HEADWAY FINANCIAL MANAGEMENT LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Tangible fixed assets depreciation policy

    Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:
    Office Equipment - 15% reducing balance

HEADWAY FINANCIAL MANAGEMENT LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 1 1

    This includes the director.

HEADWAY FINANCIAL MANAGEMENT LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2024

  • 3. Off balance sheet disclosure

    No

HEADWAY FINANCIAL MANAGEMENT LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2024

5. Dividends


2024
£

2023
£
Dividends paid 6,500 1,000

HEADWAY FINANCIAL MANAGEMENT LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2024

6. Tangible Assets

Total
Cost £
At 01 November 2023 2,330
Additions 449
Disposals -
Revaluations -
Transfers -
At 31 October 2024 2,779
Depreciation
At 01 November 2023 1,323
Charge for year 219
On disposals -
Other adjustments -
At 31 October 2024 1,542
Net book value
At 31 October 2024 1,237
At 31 October 2023 1,007