Company Registration No. 11077415 (England and Wales)
Hecsagon Ltd
Unaudited accounts
for the year ended 30 November 2024
Hecsagon Ltd
Unaudited accounts
Contents
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
Hecsagon Ltd
Statement of financial position
as at 30 November 2024
Tangible assets
7,068
9,022
Investment property
2,120,000
2,248,019
Cash at bank and in hand
4,365
155,677
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
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
Hecsagon Ltd
Notes to the Accounts
for the year ended 30 November 2024
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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
At 1 December 2023
4,471
-
4,471
Charge for the year
1,954
-
1,954
At 30 November 2024
6,425
-
6,425
At 30 November 2024
5,861
1,207
7,068
At 30 November 2023
7,815
1,207
9,022
Fair value at 1 December 2023
2,248,019
Net loss from fair value adjustments
(128,019)
At 30 November 2024
2,120,000
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
Amounts falling due within one year
Accrued income and prepayments
878
1,169
Amounts falling due after more than one year
8
Creditors: amounts falling due within one year
2024
2023
Loans from directors
14,754
34,015
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
10
Average number of employees
During the year the average number of employees was 1 (2023: 1).