IRIS Accounts Production v25.4.12.37 00889002 Board of Directors 1.1.25 31.12.25 31.12.25 false true false false false true true false Ordinary 1.00000 iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 00889002 2024-12-31 00889002 2025-12-31 00889002 2025-01-01 2025-12-31 00889002 2023-12-31 00889002 2024-01-01 2024-12-31 00889002 2024-12-31 00889002 ns15:EnglandWales 2025-01-01 2025-12-31 00889002 ns14:PoundSterling 2025-01-01 2025-12-31 00889002 ns10:Director1 2025-01-01 2025-12-31 00889002 ns10:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 00889002 ns10:SmallEntities 2025-01-01 2025-12-31 00889002 ns10:AuditExempt-NoAccountantsReport 2025-01-01 2025-12-31 00889002 ns10:SmallCompaniesRegimeForDirectorsReport 2025-01-01 2025-12-31 00889002 ns10:SmallCompaniesRegimeForAccounts 2025-01-01 2025-12-31 00889002 ns10:FullAccounts 2025-01-01 2025-12-31 00889002 1 2025-01-01 2025-12-31 00889002 ns10:OrdinaryShareClass1 2025-01-01 2025-12-31 00889002 ns10:Director2 2025-01-01 2025-12-31 00889002 ns10:Director3 2025-01-01 2025-12-31 00889002 ns10:CompanySecretary1 2025-01-01 2025-12-31 00889002 ns10:RegisteredOffice 2025-01-01 2025-12-31 00889002 ns5:CurrentFinancialInstruments 2025-12-31 00889002 ns5:CurrentFinancialInstruments 2024-12-31 00889002 ns5:ShareCapital 2025-12-31 00889002 ns5:ShareCapital 2024-12-31 00889002 ns5:CapitalRedemptionReserve 2025-12-31 00889002 ns5:CapitalRedemptionReserve 2024-12-31 00889002 ns5:RetainedEarningsAccumulatedLosses 2025-12-31 00889002 ns5:RetainedEarningsAccumulatedLosses 2024-12-31 00889002 ns5:NetGoodwill 2025-01-01 2025-12-31 00889002 ns5:NetGoodwill 2024-12-31 00889002 ns5:NetGoodwill 2025-12-31 00889002 ns5:NetGoodwill 2024-12-31 00889002 ns5:PlantMachinery 2024-12-31 00889002 ns5:PlantMachinery 2025-01-01 2025-12-31 00889002 ns5:PlantMachinery 2025-12-31 00889002 ns5:PlantMachinery 2024-12-31 00889002 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2025-12-31 00889002 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2024-12-31 00889002 ns10:OrdinaryShareClass1 2025-12-31

REGISTERED NUMBER: 00889002 (England and Wales)

Henderson Employee Benefits

Limited

Unaudited Financial Statements for the Year Ended 31st December 2025

Henderson Employee Benefits

Limited (Registered number: 00889002)

Contents of the Financial Statements

for the year ended 31st December 2025

Page |

Company Information | 1 |

Balance Sheet | 2 |

Notes to the Financial Statements | 4 |

Henderson Employee Benefits

Limited

Company Information

for the year ended 31st December 2025

| DIRECTORS: | J E Henderson

| S Farrow

| S C McDermott

| SECRETARY: | Mrs R M Henderson

| REGISTERED OFFICE: | Millshaw

| Leeds

| LS1 8EG

| REGISTERED NUMBER: | 00889002 (England and Wales)

| ACCOUNTANTS: | Smailes Goldie

| Chartered Accountants

| Regent's Court

| Princess Street

| Hull

| East Yorkshire HU2 8BA

Henderson Employee Benefits

Limited (Registered number: 00889002)

Balance Sheet

31st December 2025

| 2025 | 2024 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Intangible assets | 4 | - |  | - |  |

Tangible assets | 5 | 3,412 |  | 41,219 |  |

3,412 |  | 41,219 |  |

CURRENT ASSETS

Debtors | 6 | 698,928 |  | 717,278 |  |

Cash at bank and in hand | 604,993 |  | 370,541 |  |

1,303,921 |  | 1,087,819 |  |

CREDITORS

Amounts falling due within one year | 7 | 114,644 |  | 115,462 |  |

NET CURRENT ASSETS | 1,189,277 |  | 972,357 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 1,192,689 |  | 1,013,576 |  |

CAPITAL AND RESERVES

Called up share capital | 8 | 500,000 |  | 500,000 |  |

Capital redemption reserve | 412 |  | 412 |  |

Retained earnings | 692,277 |  | 513,164 |  |

SHAREHOLDERS' FUNDS | 1,192,689 |  | 1,013,576 |  |

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 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.

Henderson Employee Benefits

Limited (Registered number: 00889002)

Balance Sheet - continued

31st December 2025

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 Board of Directors and authorised for issue on 23rd March 2026 and were signed on its behalf by:

J E Henderson - Director

Henderson Employee Benefits

Limited (Registered number: 00889002)

Notes to the Financial Statements

for the year ended 31st December 2025

1. | STATUTORY INFORMATION

| Henderson Employee Benefits 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

| The financial statements have been prepared in accordance with applicable accounting standards including Section 1A "Small Entities" of the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006. The financial statements have been prepared on a going concern basis under the historical cost convention, modified to include certain items at fair value.

| The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

| Turnover

| Turnover is measured at the fair value of the consideration received or receivable. The policies adopted for the recognition of turnover are as follows:

| Commissions

| Commissions, including fees and related charges, are recognised when the outcome of a transaction can be estimated reliably and by reference to when entitlement occurs.

| Rendering of services

| When the outcome of a transaction can be estimated reliably, turnover from financial advice is recognised once such services have been rendered.

| Goodwill

| Goodwill arising on business combinations is capitalised, classified as an asset on the balance sheet and amortised on a straight line basis over ten years, which the directors consider to be its useful economic life. Provision is made for any impairment.

| Tangible fixed assets

| Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

| Depreciation is provided on all tangible fixed assets, at rates calculated to write off the cost, less estimated residual value, of each asset on a systematic basis over its expected useful life as follows:

| Fixtures and fittings |  | - 20% on cost |  |

| Motor vehicles |  | - 25% on cost |  |

| Leasehold property |  | - 20% on cost |  |

| 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.

Henderson Employee Benefits

Limited (Registered number: 00889002)

Notes to the Financial Statements - continued

for the year ended 31st December 2025

2. | ACCOUNTING POLICIES - continued

| 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.

| Loans and borrowings

| Loans and borrowings are initially recognised at the transaction price including transaction costs. Subsequently, they are measured at amortised cost using the effective interest rate method, less impairment.

| Employee benefits

| When employees have rendered service to the company, short-term employee benefits to which the employees are entitled are recognised at the undiscounted amount expected to be paid in exchange for that service.

| The company operates a defined contribution plan for the benefit of its employees. Contributions are expensed as they become payable.

| Impairment

| Assets not measured at fair value are reviewed for any indication that the asset may be impaired at each balance sheet date. If such indication exists, the recoverable amount of the asset, or the asset's cash generating unit, is estimated and compared to the carrying amount. Where the carrying amount exceeds its recoverable amount, an impairment loss is recognised in profit or loss unless the asset is carried at a revalued amount where the impairment loss is a revaluation decrease.

| Leases

| Assets acquired under finance leases and hire purchase contracts are capitalised and depreciated over the shorter of the lease term and the expected useful life of the asset. Minimum lease payments are apportioned between the finance charge and the reduction of the outstanding lease liability using the effective interest method. The related obligations, net of future finance charges, are included in creditors.

| Rentals payable/receivable under operating leases are charged to the profit and loss account on a straight line basis over the period of the lease.

| Debtors and creditors receivable / payable within one year

| Debtors and creditors with no stated interest rate and are receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 13 (2024 - 13 ) .

Henderson Employee Benefits

Limited (Registered number: 00889002)

Notes to the Financial Statements - continued

for the year ended 31st December 2025

4. | INTANGIBLE FIXED ASSETS

| Goodwill

£ |

| COST

| At 1st January 2025

| and 31st December 2025 | 81,145 |  |

| AMORTISATION

| At 1st January 2025

| and 31st December 2025 | 81,145 |  |

| NET BOOK VALUE

| At 31st December 2025 | - |  |

| At 31st December 2024 | - |  |

5. | TANGIBLE FIXED ASSETS

| Plant and

| machinery

| etc

£ |

| COST

| At 1st January 2025 | 225,781 |  |

| Disposals | (181,427 | ) |

| At 31st December 2025 | 44,354 |  |

| DEPRECIATION

| At 1st January 2025 | 184,562 |  |

| Charge for year | 8,829 |  |

| Eliminated on disposal | (152,449 | ) |

| At 31st December 2025 | 40,942 |  |

| NET BOOK VALUE

| At 31st December 2025 | 3,412 |  |

| At 31st December 2024 | 41,219 |  |

6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Trade debtors | 98,599 |  | 108,292 |  |

| Amounts owed by group undertakings | 552,750 |  | 552,750 |  |

| Other debtors | - |  | 201 |  |

| Deferred tax asset | 10,841 |  | 10,854 |  |

| Prepayments | 36,738 |  | 45,181 |  |

698,928 |  | 717,278 |  |

Henderson Employee Benefits

Limited (Registered number: 00889002)

Notes to the Financial Statements - continued

for the year ended 31st December 2025

7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Trade creditors | 25,205 |  | 28,105 |  |

| Tax | 59,431 |  | 58,030 |  |

| Social security and other taxes | 25,446 |  | 25,031 |  |

| Other creditors | 4,562 |  | 4,296 |  |

114,644 |  | 115,462 |  |

8. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

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

| value: | £ | £ |

| 500,000 | Ordinary | £1 | 500,000 |  | 500,000 |  |

9. | PENSION COMMITMENTS

| The company makes payments to a defined contribution pension scheme. The charge for the year amounted to £67,769 (2024: £70,086).

10. | CONTROL RELATIONSHIPS

| The company is controlled by J E Henderson by virtue of his majority holding in the issued share capital of the parent undertaking, AIB (K) Limited.