Company registration number 8410515 (England and Wales)
Hey Projects Ltd
UNAUDITED FINANCIAL STATEMENTS
for the year ended 30 April 2025
PAGES FOR FILING WITH REGISTRAR
Hey Projects Ltd
Contents
Page
Statement of financial position
1 - 2
Notes to the financial statements
3 - 4
Hey Projects Ltd
Statement Of Financial Position
as at 30 April 2025
30 April 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
3
52,604
12,623
Current assets
Stocks
63,055
35,147
Debtors
37,595
94,207
Cash at bank and in hand
60,515
54,031
161,165
183,385
Creditors: amounts falling due within one year
(169,292)
(143,745)
Net current (liabilities)/assets
(8,127)
39,640
Total assets less current liabilities
44,477
52,263
Creditors: amounts falling due after more than one year
(1,284)
(11,516)
Provisions for liabilities
(13,148)
(3,164)
Net assets
30,045
37,583
Capital and reserves
Called up share capital
8
8
Capital redemption reserve
2
2
Profit and loss reserves
30,035
37,573
Total equity
30,045
37,583
Hey Projects Ltd
Statement Of Financial Position (continued)
as at 30 April 2025
30 April 2025
- 2 -

In accordance with section 444 of the Companies Act 2006, all of the members of the company have consented to the preparation of abridged financial statements pursuant to paragraph 1A of Schedule 1 to the Small Companies and Groups (Accounts and Directors’ Report) Regulations (SI 2008/409)(b).

The directors of the company have elected not to include a copy of the income statement within the financial statements.true

For the financial year ended 30 April 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

T he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the board of directors and authorised for issue on 15 October 2025 and are signed on its behalf by:
S C Irving
Director
Company Registration No. 8410515
Hey Projects Ltd
Notes to the Financial Statements
for the year ended 30 April 2025
- 3 -
1
Accounting policies
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for services provided in the normal course of business, and is shown net of VAT.

Turnover is recognised when the services have been provided to the customer.

Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Fixtures, fittings & equipment
20% reducing balance
Motor vehicles
25% reducing balance
Stocks

Stock is held at the lower of cost and net realisable value.

Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the income statement because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

Deferred tax

Deferred tax liabilities are generally recognised for all timing differences. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting

Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

Hey Projects Ltd
Notes to the Financial Statements (continued)
for the year ended 30 April 2025
- 4 -
2
Employees

The average monthly number of persons (including directors) employed by the company during the year was 2 (2024 - 2).

2025
2024
Number
Number
Total
2
2
3
Tangible fixed assets
Fixtures, fittings & equipment
Motor vehicles
Total
£
£
£
Cost
At 1 May 2024
12,214
25,490
37,704
Additions
1,231
49,826
51,057
Disposals
-
0
(25,490)
(25,490)
At 30 April 2025
13,445
49,826
63,271
Depreciation and impairment
At 1 May 2024
8,850
16,231
25,081
Depreciation charged in the year
779
3,353
4,132
Eliminated in respect of disposals
-
0
(18,546)
(18,546)
At 30 April 2025
9,629
1,038
10,667
Carrying amount
At 30 April 2025
3,816
48,788
52,604
At 30 April 2024
3,364
9,259
12,623
4
Company information

Hey Projects Ltd is a private company limited by shares incorporated in England and Wales. The registered office is 17 Lodge Lane, Runcorn, Cheshire, WA7 2AS.

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