REGISTERED NUMBER: 10527723 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2024

for

Hemingway Property Services Ltd

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

Mr J Whitley

Mrs J M Whitley

REGISTERED OFFICE:

35 Marstone Crescent

Sheffield

South Yorkshire

S17 4DG

REGISTERED NUMBER:

10527723 (England and Wales)

ACCOUNTANTS:

Sutton McGrath Hartley Limited

5 Westbrook Court

Sharrowvale Road

Sheffield

S11 8YZ

FIXED ASSETS

Tangible assets

4

227

303

CURRENT ASSETS

Debtors

5

14,944

17,122

Cash at bank

326

90

15,270

17,212

CREDITORS

Amounts falling due within one year

6

7,364

7,363

NET CURRENT ASSETS

7,906

9,849

TOTAL ASSETS LESS CURRENT LIABILITIES

8,133

10,152

CREDITORS

Amounts falling due after more than one year

7

7,985

9,649

NET ASSETS

148

503

CAPITAL AND RESERVES

Called up share capital

8

100

100

Retained earnings

48

403

SHAREHOLDERS' FUNDS

148

503

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 directors acknowledge their 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 Board of Directors and authorised for issue on 19 September 2025 and were signed on its behalf by:

Mr J Whitley - Director

1.	STATUTORY INFORMATION

Hemingway Property Services Ltd 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.

Motor vehicles

-

25% on cost

Computer equipment

-

25% on reducing balance

Taxation

Taxation for the year comprises current tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current 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 statement of financial position date.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2024

and 31 December 2024

818

DEPRECIATION

At 1 January 2024

515

Charge for year

76

At 31 December 2024

591

NET BOOK VALUE

At 31 December 2024

227

At 31 December 2023

303

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Other debtors

14,944

17,122

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Bank loans and overdrafts

1,619

1,566

Trade creditors

-

1,674

Taxation and social security

4,204

2,582

Other creditors

1,541

1,541

7,364

7,363

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Bank loans

7,985

9,649

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

1,508

3,385

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

£

£

100

Ordinary

£1

100

100

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 December 2024 and 31 December 2023:

2024

2023

£

£

Mrs J M Whitley and Mr J Whitley

Balance outstanding at start of year

17,122

10,340

Amounts advanced

14,161

20,925

Amounts repaid

(16,339

)

(14,143

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

14,944

17,122

The balance is repayable on demand with interest being charged at the official HMRC rate.