Registration number: 09109204

Hesgyn Limited

(Registration number: 09109204)
Balance Sheet as at 31 July 2025

	Note	2025 £	2024 £
Fixed Assets
Tangible Assets	4	42,283	55,794
Investment property	5	140,000	140,000
		182,283	195,794
Current assets
Debtors	6	4,153	9,151
Cash at bank and in hand		33,528	5,127
		37,681	14,278
Creditors: Amounts falling due within one year	7	(145,486)	(150,114)
Net current liabilities		(107,805)	(135,836)
Total assets less current liabilities		74,478	59,958
Creditors: Amounts falling due after more than one year	7	(25,242)	(36,311)
Provisions for liabilities		(7,943)	-
Net assets		41,293	23,647
Capital and Reserves
Called up share capital		100	100
Retained Earnings		41,193	23,547
Shareholders' funds		41,293	23,647

For the financial year ending 31 July 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the Company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The Directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the Directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 31 March 2026 and signed on its behalf by:
 

Hesgyn Limited

(Registration number: 09109204)
Balance Sheet as at 31 July 2025

......................................... Mr JD White Director

Hesgyn Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2025

1	General information

The Company is a private company limited by share capital, incorporated in United Kingdom.

The address of its registered office is:
22 Hilton Road
Disley
Stockport
Cheshire
SK12 2JU
UK

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

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

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Tax

The tax expense for the period comprises current tax and deferred tax.

The current tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised on temporary differences arising between the tax bases of assets and liabilities and their carrying amounts in the financial statements and on unused tax losses or tax credits in the company.

Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the
reporting date.

Hesgyn Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2025

Tangible Assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Office Equipment	33% Straight Line
Motor Vehicles	25% Reducing balance

Investment property

Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually by external valuers. The valuers use observable market prices, adjusted if necessary for any difference in the nature, location or condition of the specific asset. Changes in fair value are recognised in profit or loss.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the Company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3	Staff numbers

The average number of persons employed by the Company (including Directors) during the year, was 2 (2024 - 2).

Hesgyn Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2025

4	Tangible Assets

	Office equipment £	Motor vehicles  £	Total £
Cost or valuation
At 1 August 2024	1,525	55,325	56,850
Additions	475	-	475
At 31 July 2025	2,000	55,325	57,325
Depreciation
At 1 August 2024	1,056	-	1,056
Charge for the year	155	13,831	13,986
At 31 July 2025	1,211	13,831	15,042
Carrying amount
At 31 July 2025	789	41,494	42,283
At 31 July 2024	469	55,325	55,794

5	Investment properties

	2025 £
At 1 August	140,000
At 31 July	140,000

In the opinion of the directors there had been no material change in the fair value of investment property held at 31 July 2025.

Hesgyn Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2025

6

Debtors

Current	2025 £	2024 £
Trade Debtors	-	5,000
Prepayments	4,153	3,676
Other debtors	-	475
	4,153	9,151

7

Creditors

Creditors: amounts falling due within one year

	2025 £	2024 £
Due within one year
Loans and borrowings	11,069	11,069
Taxation and social security	220	-
Accruals and deferred income	2,707	2,454
Other creditors	131,490	136,591
	145,486	150,114

Creditors include bank loans and overdrafts and net obligations under finance lease and hire purchase contracts which are secured of £11,069 (2024 - £11,069).

Current loans and borrowings

	2025 £	2024 £
HP and finance lease liabilities	11,069	11,069

Creditors: amounts falling due after more than one year

	2025 £	2024 £
Due after one year
Loans and borrowings	25,242	36,311

Creditors include bank loans and overdrafts and net obligations under finance lease and hire purchase contracts which are secured of £25,242 (2024 - £36,311).