Henphy Limited

	Page
Balance Sheet	1
Notes to the Financial Statements	2—3

Registered number: 14612366

		31 December 2024		31 January 2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		1,581		-

			1,581		-
CURRENT ASSETS
Debtors	5	245		1,000
Cash at bank and in hand		97		-

		342		1,000
Creditors: Amounts Falling Due Within One Year	6	(29,196 )		-

NET CURRENT ASSETS (LIABILITIES)			(28,854 )		1,000

TOTAL ASSETS LESS CURRENT LIABILITIES			(27,273 )		1,000

NET (LIABILITIES)/ASSETS			(27,273 )		1,000

CAPITAL AND RESERVES
Called up share capital	7		1,000		1,000
Profit and Loss Account			(28,273 )		-

SHAREHOLDERS' FUNDS			(27,273)		1,000

For the period ending 31 December 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 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 company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr D Murphy Director	Mrs D Murphy Director
29/09/2025

The notes on pages 2 to 3 form part of these financial statements.

1. General Information

Henphy Limited is a private company, limited by shares, incorporated in England & Wales, registered number 14612366 . The registered office is 3 Walsall Road, Sutton Coldfield, B74 4ND.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Fixtures & Fittings	20% straight line
Computer Equipment	25% straight line

2.4. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

3. Average Number of Employees

Average number of employees, including directors, during the period was: 2 (2024: 2)

4. Tangible Assets

	Fixtures & Fittings	Computer Equipment	Total
	£	£	£
Cost
As at 1 February 2024	-	-	-
Additions	190	1,850	2,040

As at 31 December 2024	190	1,850	2,040

Depreciation
As at 1 February 2024	-	-	-
Provided during the period	35	424	459

As at 31 December 2024	35	424	459

...CONTINUED

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Henphy Limited

Notes to the Financial Statements (continued)

For the Period 1 February 2024 to 31 December 2024

Net Book Value
As at 31 December 2024	155	1,426	1,581

As at 1 February 2024	-	-	-

5. Debtors

	31 December 2024	31 January 2024
	£	£
Due within one year
VAT	245	-
Called up share capital not paid	-	1,000

	245	1,000

6. Creditors: Amounts Falling Due Within One Year

	31 December 2024	31 January 2024
	£	£
Trade creditors	611	-
Other taxes and social security	106	-
Accruals and deferred income	1,400	-
Directors' loan accounts	27,079	-

	29,196	-

7. Share Capital

	31 December 2024	31 January 2024
	£	£
Called Up Share Capital not Paid	-	1,000
Called Up Share Capital has been paid up	1,000	-

Amount of Allotted, Called Up Share Capital	1,000	1,000

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