Company No: 01146055 (England and Wales)

Contents

• Balance Sheet
• Notes to the Financial Statements

	Note	2024		2023
		£		£
Fixed assets
Tangible assets	3	82,510		125,424
		82,510		125,424
Current assets
Stocks		47,021		53,580
Debtors	4	969,499		905,601
Cash at bank and in hand		270,795		251,201
		1,287,315		1,210,382
Creditors: amounts falling due within one year	5	( 49,051)		( 53,874)
Net current assets		1,238,264		1,156,508
Total assets less current liabilities		1,320,774		1,281,932
Net assets		1,320,774		1,281,932
Capital and reserves
Called-up share capital	6	100		100
Profit and loss account		1,320,674		1,281,832
Total shareholder's funds		1,320,774		1,281,932

For the financial year ending 31 December 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• The member has not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of Ardern Hodges Limited (registered number: 01146055) were approved and authorised for issue by the Board of Directors on 29 September 2025. They were signed on its behalf by:

R A Hodges Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Ardern Hodges Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Hitchcock House Hilltop Park, Devizes Road, Salisbury, SP3 4UF, United Kingdom. The principal place of business is Unit A, 449 Holloway Road, Holloway, London, N7 6LJ.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

Turnover represents the fair value of services provided under contracts with customers to the extent that there is a right to consideration. It is measured at the fair value of the consideration due. Where a service is incomplete at the year end, turnover represents the value of service provided to that date based on an appropriate proportion of the total expected consideration at completion.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on tax rates and laws substantively enacted at the balance sheet date. Deferred tax assets and liabilities are not discounted.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a basis, as follows:

Plant and machinery	15 % reducing balance
Vehicles	25 % reducing balance
Fixtures and fittings	25 % reducing balance

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Profit and Loss Account as described below.

Stocks

Stock of goods is valued at the lower of cost and net realisable value. Cost represents purchase price of goods. Net realisable value represents the selling price of completed goods less any costs necessary to complete the goods. Provision is made for obsolete or damaged stock where the net realisable value is less than cost.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets receivable within one year, such as trade debtors and bank balances, are measured at transaction price less any impairment.

Basic financial assets receivable within more than one year are measured at amortised cost less any impairment.

Financial assets are derecognised when and only when the contractual rights to the cash flows from the financial asset expire or are settled, or the Company transfers to another party substantially all of the risks and rewards of ownership of the financial asset, or the Company, despite having retained some, but not all, significant risks and rewards of ownership, has transferred control of the asset to another party.

Basic financial liabilities
Basic financial liabilities that have no stated interest rate and are payable within one year, such as trade creditors, are measured at transaction price.

Other basic financial liabilities are measured at amortised cost.

Financial liabilities are derecognised when the company’s contractual obligations expire or are discharged or cancelled.

2. Employees

	2024		2023
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	4		6

3. Tangible assets

	Plant and machinery		Vehicles		Fixtures and fittings		Total
	£		£		£		£
Cost
At 01 January 2024	657,485		55,780		42,843		756,108
Disposals	( 165,527)		( 5,770)		( 7,659)		( 178,956)
At 31 December 2024	491,958		50,010		35,184		577,152
Accumulated depreciation
At 01 January 2024	543,994		49,177		37,513		630,684
Charge for the financial year	13,010		1,650		1,286		15,946
Disposals	( 138,757)		( 5,765)		( 7,466)		( 151,988)
At 31 December 2024	418,247		45,062		31,333		494,642
Net book value
At 31 December 2024	73,711		4,948		3,851		82,510
At 31 December 2023	113,491		6,603		5,330		125,424

4. Debtors

	2024		2023
	£		£
Trade debtors	152,491		97,600
Amounts owed by Group undertakings	805,286		805,287
Amounts owed by directors	0		2,714
VAT recoverable	11,722		0
	969,499		905,601

5. Creditors: amounts falling due within one year

	2024		2023
	£		£
Trade creditors	34,519		34,528
Other taxation and social security	8,582		13,846
Other creditors	5,950		5,500
	49,051		53,874

6. Called-up share capital

	2024		2023
	£		£
Allotted, called-up and fully-paid
100 Ordinary shares of £ 1.00 each	100		100

7. Related party transactions

Transactions with the entity's directors

	2024		2023
	£		£
Loan- Opening balance	2,714		253
Advances to director	4,134		2,858
Repayments by director	(6,848)		(397)
Loan- Closing balance	0		2,714

Other related party transactions

	2024		2023
	£		£
Interest fee loan to HOCO Property Limited	805,287		805,287

Securivin Limited is the parent company
HOCO Property Limited is the wholly owned subsidiary of parent company

8. Ultimate controlling party

Parent Company:

Securivin Limited

Hitchcock House, Hilltop Park, Devizes Road, Salisbury, Wiltshire, United Kingdom, SP3 4UF