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Company Registration No. 11077415 (England and Wales)
Hecsagon Ltd Unaudited accounts for the year ended 30 November 2024
Hecsagon Ltd Unaudited accounts Contents
Page
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Hecsagon Ltd Company Information for the year ended 30 November 2024
Director
Katie Marianne Hutt
Company Number
11077415 (England and Wales)
Registered Office
109 VELINDRE ROAD CARDIFF CF14 2TG WALES
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Hecsagon Ltd Statement of financial position as at 30 November 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
7,068 
9,022 
Investment property
2,120,000 
2,248,019 
Investments
200 
200 
2,127,268 
2,257,241 
Current assets
Debtors
131,187 
86,092 
Cash at bank and in hand
4,365 
155,677 
135,552 
241,769 
Creditors: amounts falling due within one year
(15,474)
(111,730)
Net current assets
120,078 
130,039 
Total assets less current liabilities
2,247,346 
2,387,280 
Creditors: amounts falling due after more than one year
(2,320,931)
(2,147,815)
Provisions for liabilities
Deferred tax
(19,582)
(19,582)
Net (liabilities)/assets
(93,167)
219,883 
Capital and reserves
Called up share capital
102 
102 
Revaluation reserve
161,408 
357,427 
Profit and loss account
(254,677)
(137,646)
Shareholders' funds
(93,167)
219,883 
For the year ending 30 November 2024 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 18 August 2025 and were signed on its behalf by
Katie Marianne Hutt Director Company Registration No. 11077415
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Hecsagon Ltd Notes to the Accounts for the year ended 30 November 2024
1
Statutory information
Hecsagon Ltd is a private company, limited by shares, registered in England and Wales, registration number 11077415. The registered office is 109 VELINDRE ROAD, CARDIFF, CF14 2TG, WALES.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
25% reducing Balance
4
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 December 2023
12,286 
1,207 
13,493 
At 30 November 2024
12,286 
1,207 
13,493 
Depreciation
At 1 December 2023
4,471 
- 
4,471 
Charge for the year
1,954 
- 
1,954 
At 30 November 2024
6,425 
- 
6,425 
Net book value
At 30 November 2024
5,861 
1,207 
7,068 
At 30 November 2023
7,815 
1,207 
9,022 
5
Investment property
2024 
£ 
Fair value at 1 December 2023
2,248,019 
Net loss from fair value adjustments
(128,019)
At 30 November 2024
2,120,000 
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Hecsagon Ltd Notes to the Accounts for the year ended 30 November 2024
6
Investments
Other investments 
£ 
Valuation at 1 December 2023
200 
Valuation at 30 November 2024
200 
7
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Accrued income and prepayments
878 
1,169 
Other debtors
130,309 
- 
131,187 
1,169 
Amounts falling due after more than one year
Other debtors
- 
84,923 
8
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Loans from directors
14,754 
34,015 
Accruals
720 
77,715 
15,474 
111,730 
9
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
1,563,931 
979,525 
Other creditors
757,000 
1,168,290 
2,320,931 
2,147,815 
10
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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