REGISTERED NUMBER: 05875973 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 5TH APRIL 2025

FOR

HEY.CO.UK LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

R Taylor

SECRETARY:

L M Taylor

REGISTERED OFFICE:

Ashmount

122 Chester Road

Wrexham

LL11 2SN

REGISTERED NUMBER:

05875973 (England and Wales)

ACCOUNTANTS:

M. D. Coxey and Co. Limited

Chartered Accountants

25 Grosvenor Road

Wrexham

LL11 1BT

BANKERS:

Barclays Bank plc

51-52 Hope Street

Wrexham

LL11 1BB

FIXED ASSETS

Intangible assets

4

1

1

Tangible assets

5

654

229

655

230

CURRENT ASSETS

Stocks

6

109,842

109,911

Debtors

7

1,015

67

Cash at bank

1,979

2,024

112,836

112,002

CREDITORS

Amounts falling due within one year

8

117,948

128,002

NET CURRENT LIABILITIES

(5,112

)

(16,000

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(4,457

)

(15,770

)

PROVISIONS FOR LIABILITIES

9

124

-

NET LIABILITIES

(4,581

)

(15,770

)

CAPITAL AND RESERVES

Called up share capital

10

100

100

Retained earnings

(4,681

)

(15,870

)

SHAREHOLDERS' FUNDS

(4,581

)

(15,770

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 5th April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 5th April 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 12th December 2025 and were signed by:

R Taylor - Director

1.	STATUTORY INFORMATION

Hey.co.uk 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

The financial statements have been prepared on a going concern basis on the assumption that the support of the providers of finance will be continued. If this support is withdrawn, adjustments would have to be made to reduce the value of assets to their recoverable amounts, to provide for any further liabilities that might arise and to reclassify fixed assets and long term liabilities as current assets and current liabilities.

Turnover

Turnover represents net invoices sales of goods, excluding value added tax. Turnover has arisen wholly within the United Kingdom.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2006, is being amortised evenly over its estimated useful life of ten 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.

Computer equipment

-

33% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

3.	EMPLOYEES AND DIRECTORS

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

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 6th April 2024

and 5th April 2025

20,000

AMORTISATION

At 6th April 2024

and 5th April 2025

19,999

NET BOOK VALUE

At 5th April 2025

1

At 5th April 2024

1

5.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 6th April 2024

11,731

Additions

758

At 5th April 2025

12,489

DEPRECIATION

At 6th April 2024

11,502

Charge for year

333

At 5th April 2025

11,835

NET BOOK VALUE

At 5th April 2025

654

At 5th April 2024

229

6.

STOCKS

5.4.25

5.4.24

£

£

Stocks

109,842

109,911

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

5.4.25

5.4.24

£

£

Other debtors

870

-

VAT

145

67

1,015

67

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

5.4.25

5.4.24

£

£

Trade creditors

-

1,176

Tax

312

-

Directors' current accounts

116,776

125,986

Accrued expenses

860

840

117,948

128,002

9.	PROVISIONS FOR LIABILITIES

5.4.25

5.4.24

£

£

Deferred tax

Accelerated capital allowances

124

-

Deferred

tax

£

Movement in period due to: -

changes in tax allowances

80

changes in tax rates

(1,772

)

changes in tax losses

1,816

Balance at 5th April 2025

124

10.	CALLED UP SHARE CAPITAL

Allotted and issued:

Number:

Class:

Nominal

5.4.25

5.4.24

value:

£

£

100

Ordinary

£1

100

100

11.	CAPITAL COMMITMENTS

5.4.25

5.4.24

£

£

Contracted but not provided for in the

financial statements

-

-

12.	ULTIMATE CONTROLLING PARTY

The controlling party is R Taylor.