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UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2025

FOR

HERSHAW LIMITED

HERSHAW LIMITED (REGISTERED NUMBER: 05379199)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


HERSHAW LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST MARCH 2025







DIRECTOR: R J Paterson





REGISTERED OFFICE: C/o Evans Weir
The Victoria
25 St Pancras
Chichester
West Sussex
PO19 7LT





REGISTERED NUMBER: 05379199 (England and Wales)





ACCOUNTANTS: Evans Weir
The Victoria
25 St Pancras
Chichester
West Sussex
PO19 7LT

HERSHAW LIMITED (REGISTERED NUMBER: 05379199)

BALANCE SHEET
31ST MARCH 2025

2025 2024
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 150,000 150,000

CURRENT ASSETS
Cash at bank 271 2

CREDITORS
Amounts falling due within one year 5 217,596 213,402
NET CURRENT LIABILITIES (217,325 ) (213,400 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(67,325

)

(63,400

)

CREDITORS
Amounts falling due after more than one
year

6

112,308

118,531
NET LIABILITIES (179,633 ) (181,931 )

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings (179,634 ) (181,932 )
SHAREHOLDERS' FUNDS (179,633 ) (181,931 )

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

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

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 12th August 2025 and were signed by:



R J Paterson - Director


HERSHAW LIMITED (REGISTERED NUMBER: 05379199)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2025

1. STATUTORY INFORMATION

Hershaw 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
There was a net deficiency of assets of £179,633 at the balance sheet date, however the director has confirmed his continued support and considers that the company retains sufficient working capital to continue trading for the foreseeable future.

Investment property
Investment property which is property held to earn rentals and / or for capital appreciation, is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at the reporting end date. The surplus or deficit on revaluation is recognised in the profit and loss account.

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.

Debtors
Short term debtors are measured at transaction price, less any impairment.

Creditors
Short term creditors are measured at the transaction price.

Cash and cash equivalents
Cash is represented by cash in hand and deposits with financial institutions repayable without penalty.

Financial instruments
The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors and loans from banks and other third parties.

3. EMPLOYEES AND DIRECTORS

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

HERSHAW LIMITED (REGISTERED NUMBER: 05379199)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2025

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1st April 2024
and 31st March 2025 150,000
NET BOOK VALUE
At 31st March 2025 150,000
At 31st March 2024 150,000

Fair value at 31st March 2025 is represented by:
£   
Valuation in 2017 (49,597 )
Valuation in 2020 (100,000 )
Cost 299,597
150,000

If investment property had not been revalued it would have been included at the following historical cost:

2025 2024
£    £   
Cost 299,597 299,597

Investment property was valued on an open market value basis on 31st March 2025 by the director .

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Bank loans and overdrafts 6,089 5,691
Taxation and social security 354 679
Other creditors 211,153 207,032
217,596 213,402

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2025 2024
£    £   
Bank loans 112,308 118,531

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Bank loan 82,809 82,995

Repayable by instalments
Bank loan 685 8,606

HERSHAW LIMITED (REGISTERED NUMBER: 05379199)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2025

7. SECURED DEBTS

The following secured debts are included within creditors:

2025 2024
£    £   
Bank loans 118,397 124,222