REGISTERED NUMBER: 07093746 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

HENIAM LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

S M Rockall

A M Rockall

REGISTERED OFFICE:

10 Wood Ride

Petts Wood

Orpington

BR5 1PX

REGISTERED NUMBER:

07093746 (England and Wales)

ACCOUNTANTS:

Crowe U.K. LLP

2nd Floor

Medway Bridge House

1-8 Fairmeadow

Maidstone

Kent

ME14 1JP

FIXED ASSETS

Tangible assets

4

7,283

35,829

Investments

5

22,751

22,751

30,034

58,580

CURRENT ASSETS

Stocks

1,192,143

1,185,014

Debtors

6

5,599,888

6,832,892

Cash at bank

786

1,127

6,792,817

8,019,033

CREDITORS

Amounts falling due within one year

7

3,749,840

2,346,952

NET CURRENT ASSETS

3,042,977

5,672,081

TOTAL ASSETS LESS CURRENT LIABILITIES

3,073,011

5,730,661

CREDITORS

Amounts falling due after more than one year

8

-

2,928,168

NET ASSETS

3,073,011

2,802,493

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

3,073,009

2,802,491

SHAREHOLDERS' FUNDS

3,073,011

2,802,493

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

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 directors acknowledge their 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 Board of Directors and authorised for issue on 17 December 2025 and were signed on its behalf by:

S M Rockall - Director

1.	STATUTORY INFORMATION

Heniam Ltd 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.

Going Concern

Accounting standards require the directors to consider the appropriateness of the going concern basis when preparing the financial statements. The directors confirm that they consider that the going concern basis remains appropriate. The directors believe that the company has sufficient resources to continue in operational existence for the foreseeable future. The directors believe this to be the case as the company has positive reserves, cash balances and no significant long term liabilities. They have also concluded that there are no material uncertainties related to events or conditions that may cast significant doubt about the ability of the company to continue as a going concern.

Therefore they continue to adopt the going concern basis of accounting preparing the annual financial statements.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Turnover consists of interests received from commercial loans. Interest is recognised and accrued from the date the loan advancement is made to the customers.

Tangible fixed assets

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

Land and buildings

-

Not Depreciated

Plant and machinery etc

-

25% on cost

Stocks

Work in progress is valued at the lower of cost and net realisable value. Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

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 and tax receivable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Debtors

Short term debtors are measured at transaction price, less any impairment.

Creditors

Short term creditors are measured at the transaction price.

Financial instruments

Basic Financial Instruments as covered by Section 11 of FRS102 are measured at amortised cost. The company does not have any Other Financial Instruments as covered by Section 12 of FRS102.

Investments

Investments are held at cost less any impairment identified.

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with no significant risk of change in value.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

Cost

At 1 April 2024

28,000

74,669

102,669

Disposals

(28,000

)

-

(28,000

)

At 31 March 2025

-

74,669

74,669

Depreciation

At 1 April 2024

-

66,840

66,840

Charge for year

-

546

546

At 31 March 2025

-

67,386

67,386

Net book value

At 31 March 2025

-

7,283

7,283

At 31 March 2024

28,000

7,829

35,829

5.	FIXED ASSET INVESTMENTS

Unlisted

investments

£

Cost

At 1 April 2024

and 31 March 2025

22,751

Net book value

At 31 March 2025

22,751

At 31 March 2024

22,751

6.

DEBTORS

2025

2024

£

£

Amounts falling due within one year:

Other debtors

833,171

367,887

Amounts falling due after more than one year:

Trade debtors

4,766,717

6,465,005

Aggregate amounts

5,599,888

6,832,892

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Taxation and social security

100,185

69,114

Other creditors

3,649,655

2,277,838

3,749,840

2,346,952

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Trade creditors

-

2,928,168

Trade creditors include trading loans sum of £nil (2024: £2,928,168 ) provided by the third parties which are secured by the directors' personal guarantees.

9.	RELATED PARTY DISCLOSURES

Included in other creditors is a balance due to the directors amounting to £1,619,535 (2024: £2,123,761).

The loan is interest free, has no repayment date and no repayment schedule.