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Registered number: 05814243

Hearnden Associates Ltd

ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2024

Prepared By:

Unsworth's Accountancy Services Ltd

Chartered Certified

39 Stockwell Road

East Grinstead

West Sussex

RH19 4BD

Hearnden Associates Ltd

ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2024

DIRECTORS

Mrs C. Hearnden

Mr P. Hearnden

Mr H. Cox (appointed 22 August 2024)

Mrs G. Jose (appointed 22 August 2024)

Miss B. Wheeler (appointed 22 August 2024)

REGISTERED OFFICE

Mount Pleasant Road

Lingfield

Surrey

RH7 6BH

COMPANY DETAILS

Private company limited by shares registered in , registered number 05814243

ACCOUNTANTS

Unsworth's Accountancy Services Ltd

Chartered Certified

39 Stockwell Road

East Grinstead

West Sussex

RH19 4BD

Hearnden Associates Ltd

ACCOUNTS
FOR THEYEARENDED31 DECEMBER 2024
CONTENTS
		Page
Directors' Report		-
Accountants' Report		-
Statement Of Comprehensive Income		-
Balance Sheet		3
Notes To The Accounts		4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account		-
Profit And Loss Account Summaries		-

Hearnden Associates Ltd

BALANCE SHEET AT 31 December 2024
						2024				2023
		Notes				£				£
FIXED ASSETS
Tangible assets		2				5,791				3,518
CURRENT ASSETS
Debtors		3		210,309				152,265
Cash at bank and in hand				2,027,367				1,653,367
				2,237,676				1,805,632
CREDITORS: Amounts falling due within one year		4		210,196				209,071
NET CURRENT ASSETS						2,027,480				1,596,561
TOTAL ASSETS LESS CURRENT LIABILITIES						2,033,271				1,600,079
PROVISIONS FOR LIABILITIES AND CHARGES		6				1,413				837
NET ASSETS						2,031,858				1,599,242
CAPITAL AND RESERVES
Called up share capital		7				259				330
Share premium account		8				111,995				6,500
Profit and loss account						1,919,604				1,592,412
SHAREHOLDERS' FUNDS						2,031,858				1,599,242
For the year ending 31 December 2024 the company was entitled to exemption 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 directors acknowledge their 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.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 11 September 2025 and signed on their behalf by
.............................
Mrs C. Hearnden
Director

Hearnden Associates Ltd

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2024

1. ACCOUNTING POLICIES

1a. Basis Of Accounting

The accounts have been prepared under the historical cost convention.

The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .

1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Plant and Machinery		25%
Fixtures and Fittings		25%
Equipment		33%

1c. Pension Costs

The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year.

1d. Leasing Commitments

Assets obtained under hire purchase contracts and finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account on a straight line basis.

1e. Turnover

Turnover represents the invoiced value of services supplied by the company throughout the period.

1f. Leases

Assets held under finance leases and hire purchase contracts are capitalised in the balance sheet at their fair value and depreciated over their expected useful lives. The interest element of leasing payments represents a constant proportion of the capital balance outstanding and is charged to the profit and loss account over the period of the lease. All other leases are regarded as operating leases and the payments made under them are charged to the profit and loss account on a straight line basis over the lease term.

Hearnden Associates Ltd

2. TANGIBLE FIXED ASSETS
		Plant and		Fixtures
		Machinery		and Fittings		Equipment		Total
		£		£		£		£
Cost
At 1 January 2024		3,074		9,902		5,964		18,940
Additions		839		3,428		1,723		5,990
At 31 December 2024		3,913		13,330		7,687		24,930
Depreciation
At 1 January 2024		3,074		8,972		3,376		15,422
For the year		210		1,426		2,081		3,717
At 31 December 2024		3,284		10,398		5,457		19,139
Net Book Amounts
At 31 December 2024		629		2,932		2,230		5,791
At 31 December 2023		-		930		2,588		3,518

3. DEBTORS				2024		2023
				£		£
Amounts falling due within one year
Trade debtors				38,295		40,724
s.455 tax repayable				-		2,836
Staff loans				14,167		61,513
Amounts due from group companies				20		20
Prepayments				8,106		9,808
Accrued income				2,500		2,500
Directors current account				988		32,120
Directors current account				-		2,744
Directors current account				41,041		-
Directors current account				81,740		-
Directors current account				23,452		-
				210,309		152,265

4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
				2024		2023
				£		£
UK corporation tax				170,433		175,263
PAYE control				13,723		16
Salaries and wages control				64		64
Trade creditors				24,263		31,073
Pension schemes				723		1,737
Accruals				990		918
				210,196		209,071

Hearnden Associates Ltd

5. EMPLOYEES
				2024		2023
				No.		No.
Average number of employees				20		18

6. PROVISIONS FOR LIABILITIES				2024		2023
				£		£
Deferred taxation				1,413		837
				1,413		837

7. SHARE CAPITAL				2024		2023
				£		£
Allotted, issued and fully paid:
10000 Ordinary A shares of £0.01 each				100		100
10000 Ordinary B shares of £0.01 each				100		100
3900 Ordinary C shares of £0.01 each				39		100
of £ each						10
2000 Ordinary E shares of £0.01 each				20		20
				259		330
New shares issued during period:
3900 Ordinary C shares of £0.01 each				39
				(71)		-
During the year, several share capital transactions took place. The original 100 £1 Ordinary C shares and 10 Ordinary D shares were cancelled. The whole 330 £1 Ordinary share capital was all subdivided into 259 £0.01 ordinary shares. Finally, 3,900 £0.01 Class C shares were allotted as a share option. The net movement in the called up share capital nominal value was a reduction of £71.

8. SHARE PREMIUM ACCOUNT				2024		2023
				£		£
Share premium account				111,995		6,500

9. CONTROLLING PARTY

There is no one controlling party.

Hearnden Associates Ltd

10. RELATED PARTY TRANSACTIONS

Included in other debtors is an amount due from the directors in respect of monies lent to them as follows: £147,221 (2023: £34,864). All loans were repaid within 9 months of the year end. Included in other creditors are amounts due to the directors in respect of monies lent to the business and business expenses paid on behalf of the company and repaid in the year, as follows: £0 (2023: £0). The loans are repayable on demand.

11. EMI SHARE OPTIONS
Om 4 April 2024, the Company established the Hearnden Associates EMI Share Option Plan (Plan) for the grant of share options to eligible employees of the Company. The Option Holder is an employee of the Company. The Company granted the option holders an option under the plan, on the terms set out in the agreement and subject to the plan Rules. This option is intended to qualify as an EMI share option.
The Exercise Price: £27.06 per option share. Option Shares: 3,900 £0.01 Ordinary C shares in the capital of the Company as may be allotted by the Company after the date of this agreement.
During the year, all the 3,900 share options were exercised at the agreed exercise price of £27.06 leading to a total payment of £105,534 of which £39 relates to the nominal value and £105,495 relates to the share premium.
		Number		Exercise Price £
Outstanding at the beginning of year		0		0
Granted during the year		3900		27.06
Exercised during the year		3900		27.06
Expired during the year		0		0
Outstanding at the end of year		0		0
Exercisable at the end of the year		0		0