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REGISTERED NUMBER: 04018472 (England and Wales)




















Unaudited Financial Statements

for the Year Ended 31 March 2025

for

Hayward & Associates Limited

Hayward & Associates Limited (Registered number: 04018472)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Hayward & Associates Limited

Company Information
for the Year Ended 31 March 2025







DIRECTOR: Ms C J M Parker





REGISTERED OFFICE: Oakley House
Tetbury Road
Cirencester
Gloucestershire
GL7 1US





REGISTERED NUMBER: 04018472 (England and Wales)

Hayward & Associates Limited (Registered number: 04018472)

Balance Sheet
31 March 2025

2025 2024
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 10,717 11,174
Tangible assets 5 710 -
11,427 11,174

CURRENT ASSETS
Debtors 6 43,483 54,723

CREDITORS
Amounts falling due within one year 7 53,903 50,864
NET CURRENT (LIABILITIES)/ASSETS (10,420 ) 3,859
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,007

15,033

CREDITORS
Amounts falling due after more than one
year

8

990

14,926
NET ASSETS 17 107

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 16 106
17 107

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 23 July 2025 and were signed by:





Ms C J M Parker - Director


Hayward & Associates Limited (Registered number: 04018472)

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

1. STATUTORY INFORMATION

Hayward & Associates 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Patents and licences are being amortised evenly over their estimated useful life of nil years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 20% on straight line basis
Fixtures and fittings - 20% on straight line basis
Computer equipment - 33% on straight line basis

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets.

For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.

Financial instruments
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.


Hayward & Associates Limited (Registered number: 04018472)

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

2. ACCOUNTING POLICIES - continued
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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

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

4. INTANGIBLE FIXED ASSETS
Patents
and
Goodwill licences Totals
£    £    £   
COST
At 1 April 2024
and 31 March 2025 224,000 1,374 225,374
AMORTISATION
At 1 April 2024 214,200 - 214,200
Amortisation for year - 457 457
At 31 March 2025 214,200 457 214,657
NET BOOK VALUE
At 31 March 2025 9,800 917 10,717
At 31 March 2024 9,800 1,374 11,174

5. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
COST
At 1 April 2024 547 5,527 13,682 19,756
Additions - - 1,065 1,065
At 31 March 2025 547 5,527 14,747 20,821
DEPRECIATION
At 1 April 2024 547 5,527 13,682 19,756
Charge for year - - 355 355
At 31 March 2025 547 5,527 14,037 20,111
NET BOOK VALUE
At 31 March 2025 - - 710 710
At 31 March 2024 - - - -

Hayward & Associates Limited (Registered number: 04018472)

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

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 30,015 51,065
Amounts owed by group undertakings 13,468 3,551
Prepayments and accrued income - 107
43,483 54,723

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Bank loans and overdrafts 4,478 8,383
Trade creditors 2,931 6,898
Tax 835 187
VAT 6,369 7,363
Directors' current accounts 38,222 26,915
Accruals and deferred income 1,068 1,118
53,903 50,864

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2025 2024
£    £   
Bank loans - 1-2 years 990 14,926

9. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2025 and 31 March 2024:

2025 2024
£    £   
Ms C J M Parker
Balance outstanding at start of year (26,915 ) (23,581 )
Amounts advanced 6,855 8
Amounts repaid (18,162 ) (3,342 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (38,222 ) (26,915 )

10. RELATED PARTY DISCLOSURES

The company is controlled by Ms C Parker who beneficially owns 100%.

At the 31st March 2025, a balance of £30,015 (2024 £15,080) included in trade debtors was owed by Chairman Network Limited which is also under common control.