IRIS Accounts Production v25.4.0.155 04347865 director 1.3.24 28.2.25 28.2.25 0 false true false false true false Ordinary 1.00000 iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 04347865 2024-02-29 04347865 2025-02-28 04347865 2024-03-01 2025-02-28 04347865 2023-02-28 04347865 2023-03-01 2024-02-29 04347865 2024-02-29 04347865 ns15:EnglandWales 2024-03-01 2025-02-28 04347865 ns14:PoundSterling 2024-03-01 2025-02-28 04347865 ns10:Director1 2024-03-01 2025-02-28 04347865 ns10:PrivateLimitedCompanyLtd 2024-03-01 2025-02-28 04347865 ns10:SmallEntities 2024-03-01 2025-02-28 04347865 ns10:AuditExempt-NoAccountantsReport 2024-03-01 2025-02-28 04347865 ns10:SmallCompaniesRegimeForDirectorsReport 2024-03-01 2025-02-28 04347865 ns10:SmallCompaniesRegimeForAccounts 2024-03-01 2025-02-28 04347865 ns10:FullAccounts 2024-03-01 2025-02-28 04347865 ns10:OrdinaryShareClass1 2024-03-01 2025-02-28 04347865 ns10:RegisteredOffice 2024-03-01 2025-02-28 04347865 ns5:ShareCapital 2025-02-28 04347865 ns5:ShareCapital 2024-02-29 04347865 ns5:RevaluationReserve 2025-02-28 04347865 ns5:RevaluationReserve 2024-02-29 04347865 ns5:RetainedEarningsAccumulatedLosses 2025-02-28 04347865 ns5:RetainedEarningsAccumulatedLosses 2024-02-29 04347865 ns5:NetGoodwill 2024-03-01 2025-02-28 04347865 ns5:IntangibleAssetsOtherThanGoodwill 2024-03-01 2025-02-28 04347865 ns5:OwnedOrFreeholdAssets ns5:LandBuildings 2024-03-01 2025-02-28 04347865 ns5:FurnitureFittings 2024-03-01 2025-02-28 04347865 ns5:LandBuildings 2024-02-29 04347865 ns5:FurnitureFittings 2024-02-29 04347865 ns5:LandBuildings 2024-03-01 2025-02-28 04347865 ns5:LandBuildings 2025-02-28 04347865 ns5:FurnitureFittings 2025-02-28 04347865 ns5:LandBuildings 2024-02-29 04347865 ns5:FurnitureFittings 2024-02-29 04347865 ns10:OrdinaryShareClass1 2025-02-28 04347865 ns5:RevaluationReserve 2024-02-29 04347865 ns5:RevaluationReserve 2024-03-01 2025-02-28

REGISTERED NUMBER: 04347865 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2025

FOR

HEXON LIMITED

| HEXON LIMITED (REGISTERED NUMBER: 04347865) |

CONTENTS OF THE FINANCIAL STATEMENTS

For The Year Ended 28 February 2025

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 3 |

| HEXON LIMITED |

COMPANY INFORMATION

For The Year Ended 28 February 2025

| DIRECTOR: | Mr T Seeneevassen

| REGISTERED OFFICE: | 77 Cardigan Road

| Bridlington

| East Yorkshire

| YO15 3JU

| REGISTERED NUMBER: | 04347865 (England and Wales)

| ACCOUNTANTS: | Fortus Limited

| Business Advisors & Accountants

| 5 & 6 Manor Garth

| Manor Court

| Scarborough

| North Yorkshire

| YO11 3TU

| HEXON LIMITED (REGISTERED NUMBER: 04347865) |

BALANCE SHEET

28 February 2025

| 2025 |  | 2024

| Notes | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 5,331,837 |  | 5,478,128 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 5,331,837 |  | 5,478,128 |  |

PROVISIONS FOR LIABILITIES | 271,964 |  | 306,089 |  |

NET ASSETS | 5,059,873 |  | 5,172,039 |  |

CAPITAL AND RESERVES

Called up share capital | 5 | 2 |  | 2 |  |

Revaluation reserve | 6 | 2,801,132 |  | 2,845,804 |  |

Retained earnings | 2,258,739 |  | 2,326,233 |  |

SHAREHOLDERS' FUNDS | 5,059,873 |  | 5,172,039 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 9 December 2025 and were signed by:

Mr T Seeneevassen - Director

| HEXON LIMITED (REGISTERED NUMBER: 04347865) |

NOTES TO THE FINANCIAL STATEMENTS

For The Year Ended 28 February 2025

1. | STATUTORY INFORMATION

| Hexon 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.

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.

| Goodwill

| Acquired goodwill is written off in equal annual instalments over its estimated useful economic life of 20 years.

| 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.

| Tangible fixed assets

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

| Freehold property | - | 10% on cost

| Fixtures and fittings | - | 15% on reducing balance

| 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.

| Deferred tax

| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

| Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

| Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

| Going concern

| The director has prepared the financial statements on the going concern basis.

| The director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus he continues to adopt the going concern basis of accounting in preparing the financial statements.

| HEXON LIMITED (REGISTERED NUMBER: 04347865) |

NOTES TO THE FINANCIAL STATEMENTS - continued

For The Year Ended 28 February 2025

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 1 (2024 - NIL ) .

4. | TANGIBLE FIXED ASSETS

| Fixtures |

| Freehold |  | and |

| property |  | fittings |  | Totals

£ | £ | £ |

| COST

| At 1 March 2024 | 6,825,135 |  | 218,614 |  | 7,043,749 |  |

| Disposals | - |  | (218,614 | ) | (218,614 | ) |

| At 28 February 2025 | 6,825,135 |  | - |  | 6,825,135 |  |

| DEPRECIATION

| At 1 March 2024 | 1,356,796 |  | 208,825 |  | 1,565,621 |  |

| Charge for year | 136,502 |  | 9,789 |  | 146,291 |  |

| Eliminated on disposal | - |  | (218,614 | ) | (218,614 | ) |

| At 28 February 2025 | 1,493,298 |  | - |  | 1,493,298 |  |

| NET BOOK VALUE

| At 28 February 2025 | 5,331,837 |  | - |  | 5,331,837 |  |

| At 29 February 2024 | 5,468,339 |  | 9,789 |  | 5,478,128 |  |

| All of the properties were last revalued on the 25th November 2014 by Edward Symmons LLP independent chartered surveyors. Upon transition to FRS102, this was taken to be deemed cost.

5. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 2025 | 2024 |

| value: | £ | £ |

| 2 | Ordinary | 1 | 2 |  | 2 |  |

6. | RESERVES

| Revaluation

| reserve

£ |

| At 1 March 2024 | 2,845,804 |  |

| Deferred tax movement | 34,125 |  |

| Depreciation movement | (78,797 | ) |

| At 28 February 2025 | 2,801,132 |  |

7. | CONTINGENT LIABILITIES

| The company is party to a cross-company guarantee with its parent undertaking, Sabrina Healthcare Limited, over borrowings initially taken out for the purchase of the company's shares by its parent. As part of this cross-company guarantee arrangement, the company has given as security a first legal charge over its freehold land and buildings.

| HEXON LIMITED (REGISTERED NUMBER: 04347865) |

NOTES TO THE FINANCIAL STATEMENTS - continued

For The Year Ended 28 February 2025

8. | ULTIMATE CONTROLLING PARTY

| Sabrina Health Care Limited is the company's controlling party by virtue of its 100 per cent beneficial interest in the company.