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Company No: 07276142 (England and Wales)

# HENDERSON GIFTS LIMITED

### Unaudited Financial Statements
For the financial year ended 31 March 2025
Pages for filing with the registrar

HENDERSON GIFTS LIMITED

## Unaudited Financial Statements

For the financial year ended 31 March 2025

Contents

HENDERSON GIFTS LIMITED

## COMPANY INFORMATION

For the financial year ended 31 March 2025
HENDERSON GIFTS LIMITED

## COMPANY INFORMATION (continued)

For the financial year ended 31 March 2025

DIRECTOR | Angela Henderson

REGISTERED OFFICE | Y7 Elvington Idustrial Estate
| York
| YO41 4AR
| United Kingdom

COMPANY NUMBER | 07276142 (England and Wales)

ACCOUNTANT | Jones & Co of York Limited
| Wellington House
| Aviator Court
| York
| YO30 4UZ
| United Kingdom

HENDERSON GIFTS LIMITED

## BALANCE SHEET

As at 31 March 2025
HENDERSON GIFTS LIMITED

## BALANCE SHEET (continued)

As at 31 March 2025

| Note | 2025 |  | 2024
|  | £ |  | £
Fixed assets |  |  |  |
Tangible assets | 3 | 6,277 |  | 8,379
|  | 6,277 |  | 8,379
Current assets |  |  |  |
Stocks | 4 | 5,250 |  | 9,300
Debtors | 5 | 622 |  | 3,020
Cash at bank and in hand | 6 | 5,985 |  | 2,311
|  | 11,857 |  | 14,631
Creditors: amounts falling due within one year | 7 | ( 110,522) |  | ( 107,536)
Net current liabilities |  | (98,665) |  | (92,905)
Total assets less current liabilities |  | (92,388) |  | (84,526)
Creditors: amounts falling due after more than one year | 8 | ( 41,585) |  | ( 50,000)
Net liabilities |  | ( 133,973) |  | ( 134,526)
Capital and reserves |  |  |  |
Called-up share capital | 9 | 100 |  | 100
Profit and loss account |  | ( 134,073 ) |  | ( 134,626 )
Total shareholder's deficit |  | ( 133,973) |  | ( 134,526)

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.

Director's 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 director acknowledges 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 Henderson Gifts Limited (registered number: 07276142) were approved and authorised for issue by the Director on 11 November 2025. They were signed on its behalf by:

Angela Henderson Director |

HENDERSON GIFTS LIMITED

## NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 March 2025
HENDERSON GIFTS LIMITED

## NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 March 2025

##### 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

Henderson Gifts 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 Y7 Elvington Idustrial Estate, York, YO41 4AR, 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 director has assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The director has 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.

##### Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.
Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

##### 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 straight-line or reducing balance basis over its expected useful life, as follows:

Plant and machinery | 25 % reducing balance
Vehicles | 25 % reducing balance
Computer equipment | 3 years straight line

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.
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

##### 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 Statement of Income and Retained Earnings as described below.

##### Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to sell, which is equivalent to the net realisable value. Cost includes materials, direct labour and an attributable proportion of manufacturing overheads based on normal levels of activity. Cost is calculated using the FIFO (first-in, first-out) method. Provision is made for obsolete, slow-moving or defective items where appropriate.
At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.

##### Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts, except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

##### Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in creditors: amounts falling due within one year.

##### Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.

#### 2. Employees

| 2025 |  | 2024
| Number |  | Number
Monthly average number of persons employed by the Company during the year, including the director | 2 |  | 1

#### 3. Tangible assets

| Plant and machinery |  | Vehicles |  | Computer equipment |  | Total
| £ |  | £ |  | £ |  | £
Cost |  |  |  |  |  |  |
At 01 April 2024 | 24,295 |  | 8,000 |  | 4,888 |  | 37,183
Additions | 134 |  | 0 |  | 0 |  | 134
At 31 March 2025 | 24,429 |  | 8,000 |  | 4,888 |  | 37,317
Accumulated depreciation |  |  |  |  |  |  |
At 01 April 2024 | 17,460 |  | 7,399 |  | 3,945 |  | 28,804
Charge for the financial year | 1,707 |  | 151 |  | 378 |  | 2,236
At 31 March 2025 | 19,167 |  | 7,550 |  | 4,323 |  | 31,040
Net book value |  |  |  |  |  |  |
At 31 March 2025 | 5,262 |  | 450 |  | 565 |  | 6,277
At 31 March 2024 | 6,835 |  | 601 |  | 943 |  | 8,379

#### 4. Stocks

| 2025 |  | 2024
| £ |  | £
Stocks | 5,250 |  | 9,300

There are no material differences between the replacement cost of stock and the Balance Sheet amounts.

#### 5. Debtors

| 2025 |  | 2024
| £ |  | £
Prepayments and accrued income | 622 |  | 3,020

#### 6. Cash and cash equivalents

| 2025 |  | 2024
| £ |  | £
Cash at bank and in hand | 5,985 |  | 2,311
Less: Bank overdrafts | ( 8,804) |  | ( 9,008)
| (2,819) |  | (6,697)

#### 7. Creditors: amounts falling due within one year

| 2025 |  | 2024
| £ |  | £
Bank overdrafts | 8,804 |  | 9,008
Trade creditors | 161 |  | 70
Amounts owed to director | 76,309 |  | 73,176
Accruals | 77 |  | 120
Other taxation and social security | 0 |  | 1,074
Other creditors | 25,171 |  | 24,088
| 110,522 |  | 107,536

#### 8. Creditors: amounts falling due after more than one year

| 2025 |  | 2024
| £ |  | £
Other creditors | 41,585 |  | 50,000

There are no amounts included above in respect of which any security has been given by the small entity.

#### 9. Called-up share capital

| 2025 |  | 2024
| £ |  | £
Allotted, called-up and fully-paid |  |  |
100 Ordinary shares of £ 1.00 each | 100 |  | 100