REGISTERED NUMBER: 06009584 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2024

for

HANOVER DIGITAL LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr J Burdis

SECRETARY:

Mr J Burdis

REGISTERED OFFICE:

4th Floor Radius House

51 Clarendon Road

Watford

WD17 1HP

REGISTERED NUMBER:

06009584 (England and Wales)

ACCOUNTANTS:

Total Back Office Solutions Limited

4th Floor Radius House

51 Clarendon Road

Watford

Hertfordshire

WD17 1HP

FIXED ASSETS

Tangible assets

4

6,655

9,485

CURRENT ASSETS

Debtors

5

1,833,200

853,848

Cash at bank

913,207

27,468

2,746,407

881,316

CREDITORS

Amounts falling due within one year

6

(2,214,113

)

(678,244

)

NET CURRENT ASSETS

532,294

203,072

TOTAL ASSETS LESS CURRENT LIABILITIES

538,949

212,557

CREDITORS

Amounts falling due after more than one year

7

(5,984

)

(16,552

)

PROVISIONS FOR LIABILITIES

(1,664

)

(1,802

)

NET ASSETS

531,301

194,203

CAPITAL AND RESERVES

Called up share capital

154

200

Retained earnings

531,147

194,003

531,301

194,203

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 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 26 September 2025 and were signed by:

Mr J Burdis - Director

1.	STATUTORY INFORMATION

Hanover Digital 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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

25% on cost

Computer equipment

-

25% on cost

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2023 - 8 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 January 2024

8,194

81,139

89,333

Additions

-

2,330

2,330

At 31 December 2024

8,194

83,469

91,663

DEPRECIATION

At 1 January 2024

8,194

71,654

79,848

Charge for year

-

5,160

5,160

At 31 December 2024

8,194

76,814

85,008

NET BOOK VALUE

At 31 December 2024

-

6,655

6,655

At 31 December 2023

-

9,485

9,485

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

1,612,844

713,336

Other debtors

220,356

140,512

1,833,200

853,848

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade creditors

699,835

23,684

Corporation Tax

199,723

123,874

PAYE/NI

18,457

17,536

VAT

105,050

36,087

Other Creditors

1,181,208

477,063

Directors' current accounts

9,840

-

2,214,113

678,244

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Other creditors

5,984

16,552

8.	SECURED DEBTS

The following secured debts are included within creditors:

2024

2023

£

£

Other creditors

787,843

333,019

Other creditors includes a debt factoring balance of £787,843 (2023: £333,019) which is secured against certain book debts of the company.

9.	RELATED PARTY DISCLOSURES

Included within retained earnings is an amount of £170,174 in relation to the purchase of the companies own shares from the shareholder Mr T Lennon.