| Registered Number:02962847 |
For the year ended 31 March 2025
England and Wales
Unaudited Financial Statements
For the year ended 31 March 2025
HC19 Limited
Contents Page
1
Statement of Financial Position
2 to 5
Notes to the Financial Statements
HC19 Limited
Statement of Financial Position
2024
2025
| Property, plant and equipment |
-
1,496
2
3
495,500
20,500
495,500
21,996
| Trade and other receivables |
119,216
200
4
27,469
| Cash and cash equivalents |
14,668
14,868
146,685
| Trade and other payables: amounts falling due within one |
| year |
(41,378)
(391,312)
5
105,307
(376,444)
Net current liabilities
| Total assets less current liabilities |
119,056
127,303
| Trade and other payables: amounts falling due after more |
| than one year |
(4,667)
-
6
-
(374)
| Provisions for liabilities |
119,056
Net assets
122,262
2
2
119,054
122,260
119,056
122,262
Shareholders' funds
| For the year ended 31 March 2025 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies. |
| The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006 |
| The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section |
| 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. |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
| These financial statements were approved and authorised for issue by the Board on 26 November 2025 and were signed by: |
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For the year ended 31 March 2025
HC19 Limited
Statement of Financial Position Continued
| The notes form part of these financial statements |
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For the year ended 31 March 2025
HC19 Limited
Notes to the Financial Statements
Statutory Information
| HC19 Limited is a private limited company, limited by shares, domiciled in England and Wales, registration number |
| 02962847. |
7 Stean Street,
London
E8 4ED
| The presentation currency is £ sterling. |
Basis of preparing the financial statements
| These financial statements have been prepared in accordance with the provisions of Section 1A of Financial |
| Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the |
| Companies Act 2006. The financial statements have been prepared under the historical costs convention. |
Revenue recognition
| Turnover represents amounts receivable for services. Amounts receivable for services performed over time are based upon the stage of completion of the services performed. |
Intangible assets
Intangible assets are capitalised and amortised over its useful life of four years.
Property, plant and equipment
| Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
| 25%, 50% & 100% Straight line |
Fixtures and fittings
Deferred tax
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date. |
Financial Instruments
| Financial instruments are recognised in the company's balance sheet when the company becomes party to the |
| contractual provisions of the instrument. |
| Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction |
| price. |
| Basic financial liabilities |
| Basic financial liabilities are initially recognised at transaction price unless the arrangement constitutes a financing |
| transaction, where the debt instrument is measured at the present value of the future payments discounted at a |
| market rate of interest. Financial liabilities classified as payable within one year are not amortised. |
Equity Instruments
| Equity instruments issued by the company are recorded at the proceeds received. Dividends payable on equity |
| instruments are recognised as liabilities once they are no longer at the discretion of the company. |
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For the year ended 31 March 2025
HC19 Limited
Notes to the Financial Statements Continued
| 2. Property, plant and equipment |
55,977
(55,977)
-
| Provision for depreciation and impairment |
54,481
(54,481)
-
-
1,496
495,500
495,500
495,500
| 4. Trade and other receivables |
2024
2025
-
216
| Amounts owed by group undertakings and participating interests |
-
119,000
200
-
119,216
200
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For the year ended 31 March 2025
HC19 Limited
Notes to the Financial Statements Continued
| 5. Trade and other payables: amounts falling due within one year |
2024
2025
-
11,245
| Amounts owed to group undertaking and undertaking in which the |
| company has a participating interest |
356,000
-
| Taxation and social security |
-
9,249
| Accruals and deferred income |
1,494
1,836
33,818
19,048
391,312
41,378
| 6. Trade and other payables: amounts falling due after more than one year |
2024
2025
-
4,667
| 7. Average number of persons employed |
During the year the average number of employees was 0 (2024 : 1)
| 8. Parent-subsidiary relationship |
The parent company is SDSN Holdings Limited whose registered office is 7 Stean Street, London, E8 4ED.
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