Registration number:
David Hadingham Consultancy Limited
for the Year Ended 31 March 2026
David Hadingham Consultancy Limited
Contents
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Company Information |
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Director's Report |
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Accountants' Report |
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Profit and Loss Account |
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Statement of Comprehensive Income |
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Balance Sheet |
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Statement of Changes in Equity |
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Notes to the Financial Statements |
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iXBRL Detailed Profit and Loss Account |
David Hadingham Consultancy Limited
Company Information
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Director |
Mr David John Hadingham |
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Registered office |
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Accountants |
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David Hadingham Consultancy Limited
Director's Report for the Year Ended 31 March 2026
The director presents his report and the financial statements for the year ended 31 March 2026.
Director of the company
The director who held office during the year was as follows:
Principal activity
The principal activity of the company is consultants to the food additive industry.
Small companies provision statement
This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
Approved and authorised by the
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Chartered Certified Accountants' Report to the Director on the Preparation of the Unaudited Statutory Accounts of
David Hadingham Consultancy Limited
for the Year Ended 31 March 2026
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of David Hadingham Consultancy Limited for the year ended 31 March 2026 as set out on pages 4 to 13 from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal.com/gb/en/member/standards/rules-and-standards/rulebook.html.
This report is made solely to the Board of Directors of David Hadingham Consultancy Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of David Hadingham Consultancy Limited and state those matters that we have agreed to state to the Board of Directors of David Hadingham Consultancy Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/gb/en/technical-activities/technical-resources-search/2009/
october/factsheet-163-audit-exempt-companies.html. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than David Hadingham Consultancy Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that David Hadingham Consultancy Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of David Hadingham Consultancy Limited. You consider that David Hadingham Consultancy Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of David Hadingham Consultancy Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
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Chartered Certified Accountant
Great Folds Road
Corby
Northants
NN18 9AS
David Hadingham Consultancy Limited
Profit and Loss Account for the Year Ended 31 March 2026
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Note |
2026 |
2025 |
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Turnover |
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Cost of sales |
( |
( |
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Gross profit |
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Administrative expenses |
( |
( |
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Operating profit |
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Other interest receivable and similar income |
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Profit before tax |
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Tax on profit |
( |
( |
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Profit for the financial year |
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The above results were derived from continuing operations.
The company has no recognised gains or losses for the year other than the results above.
David Hadingham Consultancy Limited
Statement of Comprehensive Income for the Year Ended 31 March 2026
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2026 |
2025 |
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Profit for the year |
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Total comprehensive income for the year |
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David Hadingham Consultancy Limited
(Registration number: 07753651)
Balance Sheet as at 31 March 2026
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Note |
2026 |
2025 |
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Fixed assets |
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Tangible assets |
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Current assets |
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Debtors |
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Cash at bank and in hand |
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Creditors: Amounts falling due within one year |
( |
( |
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Net current assets |
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Total assets less current liabilities |
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Provisions for liabilities |
( |
( |
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Net assets |
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Capital and reserves |
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Called up share capital |
100 |
100 |
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Retained earnings |
58,172 |
62,809 |
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Shareholders' funds |
58,272 |
62,909 |
For the financial year ending 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
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• |
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• |
The director acknowledges his 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 in accordance with the provisions applicable to companies subject to the small companies regime and FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Republic of Ireland’.
Approved and authorised by the
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David Hadingham Consultancy Limited
Statement of Changes in Equity for the Year Ended 31 March 2026
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Share capital |
Retained earnings |
Total |
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At 1 April 2025 |
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Profit for the year |
- |
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Dividends |
- |
( |
( |
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At 31 March 2026 |
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Share capital |
Retained earnings |
Total |
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At 1 April 2024 |
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Profit for the year |
- |
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Dividends |
- |
( |
( |
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At 31 March 2025 |
100 |
62,809 |
62,909 |
David Hadingham Consultancy Limited
Notes to the Financial Statements for the Year Ended 31 March 2026
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General information |
The company is a private company limited by share capital, incorporated in United Kingdom.
The address of its registered office is:
United Kingdom
The principal place of business is:
160 Avenue Road
Rushden
Northants
NN10 0SW
England
These financial statements were authorised for issue by the
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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.
Revenue recognition
Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.
Tax
The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.
David Hadingham Consultancy Limited
Notes to the Financial Statements for the Year Ended 31 March 2026
The current income 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 in respect of all timing differences between taxable profits and profits reported in the financial statements.
Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.
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:
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Asset class |
Depreciation method and rate |
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Fistures and fittings |
25% straight line method |
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Computer equipment |
25% straight line method |
Goodwill
Goodwill arising on the acquisition of an entity represents the excess of the cost of acquisition over the company’s interest in the net fair value of the identifiable assets, liabilities and contingent liabilities of the entity recognised at the date of acquisition. Goodwill is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is held in the currency of the acquired entity and revalued to the closing rate at each reporting period date. Goodwill is amortised over its useful life, which shall not exceed ten years if a reliable estimate of the useful life cannot be made.
Amortisation
Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:
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Asset class |
Amortisation method and rate |
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Goodwill |
Fully amortised |
Cash and cash equivalents
Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.
David Hadingham Consultancy Limited
Notes to the Financial Statements for the Year Ended 31 March 2026
Trade debtors
Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.
Trade creditors
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.
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.
Dividends
Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.
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Staff numbers |
The average number of persons employed by the company (including the director) during the year, was
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Profit before tax |
Arrived at after charging/(crediting)
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2026 |
2025 |
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Depreciation expense |
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David Hadingham Consultancy Limited
Notes to the Financial Statements for the Year Ended 31 March 2026
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Intangible assets |
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Goodwill |
Total |
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Cost or valuation |
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At 1 April 2025 |
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At 31 March 2026 |
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Amortisation |
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At 1 April 2025 |
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At 31 March 2026 |
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Carrying amount |
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At 31 March 2026 |
- |
- |
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Tangible assets |
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Furniture, fittings and equipment |
Total |
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Cost or valuation |
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At 1 April 2025 |
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At 31 March 2026 |
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Depreciation |
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At 1 April 2025 |
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Charge for the year |
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At 31 March 2026 |
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Carrying amount |
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At 31 March 2026 |
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At 31 March 2025 |
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Debtors |
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Current |
2026 |
2025 |
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Trade debtors |
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Prepayments |
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Other debtors |
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David Hadingham Consultancy Limited
Notes to the Financial Statements for the Year Ended 31 March 2026
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Creditors |
Creditors: amounts falling due within one year
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2026 |
2025 |
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Due within one year |
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Trade creditors |
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Taxation and social security |
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Other creditors |
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Share capital |
Allotted, called up and fully paid shares
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2026 |
2025 |
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No. |
£ |
No. |
£ |
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100 |
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100 |
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Dividends |
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2026 |
2025 |
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£ |
£ |
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Final dividend of £Nil (2025 - £ |
- |
7,000 |
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Interim dividend of £ |
83,000 |
78,000 |
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83,000 |
85,000 |
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David Hadingham Consultancy Limited
Notes to the Financial Statements for the Year Ended 31 March 2026
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Related party transactions |
Director's remuneration
The director's remuneration for the year was as follows:
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2026 |
2025 |
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Remuneration |
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David Hadingham Consultancy Limited
Detailed Profit and Loss Account for the Year Ended 31 March 2026
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2026 |
2025 |
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Turnover (analysed below) |
147,122 |
137,821 |
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Cost of sales (analysed below) |
(148) |
(217) |
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Gross profit |
146,974 |
137,604 |
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Gross profit (%) |
99.9% |
99.84% |
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Administrative expenses |
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Employment costs (analysed below) |
(37,058) |
(35,653) |
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Establishment costs (analysed below) |
(2,957) |
(3,613) |
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General administrative expenses (analysed below) |
(3,239) |
(3,280) |
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Finance charges (analysed below) |
(102) |
(85) |
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Depreciation costs (analysed below) |
(1,909) |
(1,910) |
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(45,265) |
(44,541) |
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Operating profit |
101,709 |
93,063 |
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Other interest receivable and similar income (analysed below) |
407 |
307 |
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Profit before tax |
102,116 |
93,370 |
David Hadingham Consultancy Limited
Detailed Profit and Loss Account for the Year Ended 31 March 2026
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2026 |
2025 |
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Turnover |
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Sale of goods, UK |
147,122 |
137,821 |
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Cost of sales |
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Recharged Costs |
(148) |
(217) |
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Employment costs |
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Wages and salaries (excluding directors) |
(15,271) |
(15,270) |
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Directors remuneration |
(12,576) |
(12,576) |
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Travelling |
(9,211) |
(7,807) |
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(37,058) |
(35,653) |
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Establishment costs |
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Insurance |
(298) |
(277) |
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Use of home as office |
(312) |
(312) |
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Repairs and renewals |
(2,347) |
(3,024) |
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(2,957) |
(3,613) |
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General administrative expenses |
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Telephone and fax |
(1,270) |
(1,401) |
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Printing, postage and stationery |
(117) |
(262) |
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Sundry expenses |
(51) |
(252) |
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Customer entertaining (disallowable for tax) |
(395) |
- |
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Accountancy fees |
(1,280) |
(1,200) |
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Legal and professional fees |
(126) |
(165) |
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(3,239) |
(3,280) |
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Finance charges |
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Bank charges |
(102) |
(85) |
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Depreciation costs |
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Depreciation of fixtures and fittings (owned) |
(1,179) |
(1,180) |
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Depreciation of office equipment (owned) |
(730) |
(730) |
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(1,909) |
(1,910) |
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Other interest receivable and similar income |
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Other interest receivable |
407 |
307 |
David Hadingham Consultancy Limited
iXBRL Detailed Profit and Loss Account for the Year Ended 31 March 2026
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2026 |
2025 |
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Turnover/revenue |
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Cost of sales |
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Purchase of raw materials and consumables |
( |
( |
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Gross profit |
146,974 |
137,604 |
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Distribution costs |
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Administrative expenses |
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Audit and accountancy other services |
( |
( |
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Client entertaining costs |
( |
- |
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Other repairs and maintenance costs |
( |
( |
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Depreciation of Fixed assets |
( |
( |
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Wages and salaries excluding directors |
( |
( |
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Salaries and fees, directors |
( |
( |
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Travel and subsistence |
( |
( |
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Legal and professional costs |
( |
( |
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Bank charges |
( |
( |
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Insurance costs |
( |
( |
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Telecommunications |
( |
( |
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Printing, postage and stationery |
( |
( |
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Other costs |
( |
( |
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Other operating income |
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Other items |
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Profit on ordinary activities before finance charges and interest |
101,709 |
93,063 |
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Non-bank interest and similar income receivable |
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Profit on ordinary activities before taxation |
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Tax on profit or loss on ordinary activities |
( |
( |
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Profit for the financial year |
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