Company No: 14552266 (England and Wales)

Contents

• Balance Sheet
• Notes to the Financial Statements

	Note	31.03.2025		31.03.2024
		£		£
Fixed assets
Investments	3	131		131
		131		131
Current assets
Debtors	4	70		50
Cash at bank and in hand		19,824		200,000
		19,894		200,050
Creditors: amounts falling due within one year	5	( 22,575)		( 200,831)
Net current liabilities		(2,681)		(781)
Total assets less current liabilities		(2,550)		(650)
Net liabilities		( 2,550)		( 650)
Capital and reserves
Called-up share capital	6	100		100
Profit and loss account		( 2,650 )		( 750 )
Total shareholders' deficit		( 2,550)		( 650)

For the financial year ending 31 March 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• The members have 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements of Headforwards Group Limited (registered number: 14552266) were approved and authorised for issue by the Board of Directors on 14 October 2025. They were signed on its behalf by:

T H Parkins 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 period, unless otherwise stated.

General information and basis of accounting

Headforwards Group 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 Fibrehub Trevenson Lane, Pool, Redruth, TR15 3GF, United Kingdom.

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 £.

Going concern

The directors have assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Group accounts exemption

Group accounts exemption s399
The Company has taken advantage of the exemption in section 399 of the Companies Act 2006 not to prepare consolidated accounts, because the group it heads qualifies as small. The financial statements present information about the Company as an individual entity only.

Turnover

Turnover is stated net of VAT and trade discounts and is recognised when the significant risks and rewards are considered to have been transferred to the buyer. Revenue from services is recognised as they are delivered.

Dividend income

Dividend income is recognised when the company's right to receive payment has been established.

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.

2. Employees

	Year ended 31.03.2025		Period from 21.12.2022 to 31.03.2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	0		0

3. Fixed asset investments

	Other investments		Total
	£		£
Cost or valuation before impairment
At 01 April 2024	131		131
At 31 March 2025	131		131
Carrying value at 31 March 2025	131		131
Carrying value at 31 March 2024	131		131

4. Debtors

	31.03.2025		31.03.2024
	£		£
Amounts owed by Group undertakings	20		0
Amounts owed by directors	50		50
	70		50

5. Creditors: amounts falling due within one year

	31.03.2025		31.03.2024
	£		£
Amounts owed to Group undertakings	21,325		200,081
Accruals	1,250		750
	22,575		200,831

6. Called-up share capital

	31.03.2025		31.03.2024
	£		£
Allotted, called-up and fully-paid
40 Ordinary A shares of £ 1.00 each	40		40
40 Ordinary B shares of £ 1.00 each	40		40
10 Ordinary C shares of £ 1.00 each	10		10
10 Ordinary D shares of £ 1.00 each	10		10
	100		100