Frank Hayden & Company Limited

Registered number

08323203

Filleted Accounts

31 March 2025

Frank Hayden & Company Limited
Registered number:		08323203
Balance Sheet
as at 31 March 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		33,186			43,026

Current assets
Debtors	4	1,907			12,725
Cash at bank and in hand		223,945			256,819
		225,852			269,544

Creditors: amounts falling due within one year	5	(14,115)			(35,593)

Net current assets			211,737			233,951

Total assets less current liabilities			244,923			276,977

Creditors: amounts falling due after more than one year	6		(34,043)			(38,498)



Net assets			210,880			238,479

Capital and reserves
Called up share capital			100			100
Profit and loss account			210,780			238,379

Shareholders' funds			210,880			238,479

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Mr F Hayden
Director
Approved by the board on 3 December 2025

Frank Hayden & Company Limited
Notes to the Accounts
for the year ended 31 March 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Plant and machinery	30% Reducing Balance
	Motor Vehicles	20% Straight Line

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Current tax assets and liabilities are not discounted.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.


2	Employees			2025		2024
Number					Number

	Average number of persons employed by the company			0		0


3	Tangible fixed assets
		Plant and machinery etc		Motor vehicles		Total
£			£		£
	Cost
	At 1 April 2024	6,068		52,950		59,018
	Additions	1,356		-		1,356
	At 31 March 2025	7,424		52,950		60,374

	Depreciation
	At 1 April 2024	5,402		10,590		15,992
	Charge for the year	606		10,590		11,196
	At 31 March 2025	6,008		21,180		27,188

	Net book value
	At 31 March 2025	1,416		31,770		33,186
	At 31 March 2024	666		42,360		43,026


4	Debtors			2025		2024
£					£

	Trade debtors			1,800		12,725
	Other debtors			107		-
				1,907		12,725


5	Creditors: amounts falling due within one year			2025		2024
£					£

	Obligations under finance lease and hire purchase contracts			4,454		4,452
	Trade creditors			177		92
	Taxation and social security costs			5,049		26,876
	Other creditors			4,435		4,173
				14,115		35,593


6	Creditors: amounts falling due after one year			2025		2024
£					£

	Obligations under finance lease and hire purchase contracts			34,043		38,498


7	Controlling party

	The company is controlled by Mr F Hayden


8	Other information

	Frank Hayden & Company Limited is a private company limited by shares and incorporated in England. Its registered office is:

	255 Poulton Road
	Wallasey
	Wirral
	CH44 4BT