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REGISTERED NUMBER: 05684773 (England and Wales)

















Unaudited Financial Statements for the Year Ended 31 January 2025

for

Hector and Cedric Limited

Hector and Cedric Limited (Registered number: 05684773)






Contents of the Financial Statements
for the Year Ended 31 January 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Hector and Cedric Limited

Company Information
for the Year Ended 31 January 2025







DIRECTOR: Mr J Frisby





SECRETARY: Mr J Frisby





REGISTERED OFFICE: Ecclesall Wood Sawmill
Abbey Lane
Sheffield
South Yorkshire
S7 2QZ





REGISTERED NUMBER: 05684773 (England and Wales)





ACCOUNTANTS: Lishmans LLP
16-18 Station Road
Chapeltown
Sheffield
South Yorkshire
S35 2XH

Hector and Cedric Limited (Registered number: 05684773)

Balance Sheet
31 January 2025

2025 2024
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 12,579 6,327

CURRENT ASSETS
Debtors 5 9,396 1,030
Cash at bank 15,633 10,742
25,029 11,772
CREDITORS
Amounts falling due within one year 6 18,790 15,442
NET CURRENT ASSETS/(LIABILITIES) 6,239 (3,670 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

18,818

2,657

PROVISIONS FOR LIABILITIES 7 2,390 1,202
NET ASSETS 16,428 1,455

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 16,328 1,355
SHAREHOLDERS' FUNDS 16,428 1,455

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2025 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.

Hector and Cedric Limited (Registered number: 05684773)

Balance Sheet - continued
31 January 2025


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 17 April 2025 and were signed by:





Mr J Frisby - Director


Hector and Cedric Limited (Registered number: 05684773)

Notes to the Financial Statements
for the Year Ended 31 January 2025

1. STATUTORY INFORMATION

Hector and Cedric 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.

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.
Equipment - 10% on reducing balance
Computer equipment - 33% on cost

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 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 year 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.

Hector and Cedric Limited (Registered number: 05684773)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2025

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.

Going concern
The company meets its day to day working capital requirements through monies introduced by the director. The director will continue to provide funds as they are required by the company to meet its day to day requirements. On this basis, the director considers it appropriate to prepare the financial statements on the going concern basis. The financial statements do not include any adjustments that would result from a withdrawal of funds.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 February 2024 22,091
Additions 7,650
At 31 January 2025 29,741
DEPRECIATION
At 1 February 2024 15,764
Charge for year 1,398
At 31 January 2025 17,162
NET BOOK VALUE
At 31 January 2025 12,579
At 31 January 2024 6,327

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Other debtors 9,396 1,030

Hector and Cedric Limited (Registered number: 05684773)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2025

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade creditors 8,927 6,244
Taxation and social security 2,793 586
Other creditors 7,070 8,612
18,790 15,442

7. PROVISIONS FOR LIABILITIES
2025 2024
£    £   
Deferred tax 2,390 1,202

Deferred
tax
£   
Balance at 1 February 2024 1,202
Provided during year 1,188
Balance at 31 January 2025 2,390