Hanson Search Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 04038911 (England and Wales)

Financial Statements

for the Year Ended 31 December 2024

for

HANSON SEARCH LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Miss L A Weightman

Mrs R F Field

SECRETARY:

Miss L A Weightman

REGISTERED OFFICE:

42 Lytton Road

Barnet

Hertfordshire

EN5 5BY

REGISTERED NUMBER:

04038911 (England and Wales)

ACCOUNTANTS:

Jeff Lermer & Associates

Chartered Accountants

42 Lytton Road

Barnet

Hertfordshire

EN5 5BY

FIXED ASSETS

Intangible assets

4

7,310

8,354

Tangible assets

5

7,005

10,898

14,315

19,252

CURRENT ASSETS

Debtors

6

546,907

384,882

Cash at bank

430,857

885,315

977,764

1,270,197

CREDITORS

Amounts falling due within one year

7

375,706

450,068

NET CURRENT ASSETS

602,058

820,129

TOTAL ASSETS LESS CURRENT

LIABILITIES

616,373

839,381

CAPITAL AND RESERVES

Called up share capital

8

350,002

Capital redemption reserve

1

Retained earnings

266,370

489,378

SHAREHOLDERS' FUNDS

616,373

839,381

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 30 September 2025 and were signed on its behalf by:

Miss L A Weightman - Director

1.	STATUTORY INFORMATION

Hanson Search 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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 represents net invoiced sales of services, excluding value added tax.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Website costs are being amortised evenly over their estimated useful life of ten years.

Tangible fixed assets

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

Plant and machinery

-

20% on Cost

Fixtures and fittings

-

25% on cost

Computer equipment

-

25% on cost

Taxation

Taxation for the year comprises current and deferred 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 or deferred 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 balance sheet date.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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 17 (2023 - 16 ) .

4.	INTANGIBLE FIXED ASSETS

Website

costs

£

COST

At 1 January 2024

and 31 December 2024

10,443

AMORTISATION

At 1 January 2024

2,089

Amortisation for year

1,044

At 31 December 2024

3,133

NET BOOK VALUE

At 31 December 2024

7,310

At 31 December 2023

8,354

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Computer

machinery

fittings

equipment

Totals

£

COST

At 1 January 2024

10,434

646

34,087

45,167

Additions

-

558

1,645

2,203

Disposals

-

(1,204

)

(12,160

)

(13,364

)

At 31 December 2024

10,434

-

23,572

34,006

DEPRECIATION

At 1 January 2024

10,434

646

23,189

34,269

Charge for year

-

4,481

Eliminated on disposal

-

(646

)

(11,103

)

(11,749

)

At 31 December 2024

10,434

-

16,567

27,001

NET BOOK VALUE

At 31 December 2024

-

7,005

At 31 December 2023

-

10,898

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

Trade debtors

418,778

252,568

Amounts owed by group undertakings

15,959

Other debtors

36,891

102,035

Prepayments and accrued income

51,528

-

Prepayments

23,751

14,320

546,907

384,882

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

Trade creditors

7,887

12,154

Tax

53,548

101,262

Social security and other taxes

5,984

9,944

VAT

54,391

58,722

Other creditors

103,811

20,286

Accruals and deferred income

47,622

100,165

Accrued expenses

102,463

147,535

375,706

450,068

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.24

31.12.23

value:

£

200,000

Ordinary

1p

2,000

1

A Ordinary

£1

1

348,000

B Ordinary

£1

348,000

1

Redeemable C

£1

1

350,002

9.	RELATED PARTY DISCLOSURES

At the balance sheet date, an amount of £15,959 (2023: £15,959) was owed by Zawa Forward Ltd, a company where, the director, Ms A Weightman has common control.

10.	ULTIMATE CONTROLLING PARTY

The controlling party is Miss L A Weightman.