Hefty Management Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 04481487 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

HEFTY MANAGEMENT LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr E A Poore

Mr M F O'Mara

Mr S J Poore

SECRETARY:

Mrs W Poore

REGISTERED OFFICE:

55 Loudoun Road

St John's Wood

London

NW8 0DL

REGISTERED NUMBER:

04481487 (England and Wales)

AUDITOR:

mgr Audit Limited

Chartered Accountants

Statutory Auditors

55 Loudoun Road

St John's Wood

London

NW8 0DL

FIXED ASSETS

Intangible assets

4

40,000

48,000

Tangible assets

5

31,621

39,992

71,621

87,992

CURRENT ASSETS

Debtors

6

247,133

339,911

Cash at bank

120,160

172,970

367,293

512,881

CREDITORS

Amounts falling due within one year

7

(167,062

)

(287,577

)

NET CURRENT ASSETS

200,231

225,304

TOTAL ASSETS LESS CURRENT LIABILITIES

271,852

313,296

CREDITORS

Amounts falling due after more than one
year

8

(55,852

)

(59,085

)

PROVISIONS FOR LIABILITIES

10

(1,236

)

(1,236

)

NET ASSETS

214,764

252,975

CAPITAL AND RESERVES

Called up share capital

11

45,000

Share premium account

15,000

Capital redemption reserve

5,000

Retained earnings

149,764

187,975

SHAREHOLDERS' FUNDS

214,764

252,975

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 19 June 2026 and were signed on its behalf by:

Mr E A Poore - Director

Mr M F O'Mara - Director

1.	STATUTORY INFORMATION

Hefty Management 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

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.

Turnover

Turnover represents amounts receivable for services provided net of value added tax and trade discounts.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2021, is being amortised evenly over its estimated useful life of ten years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Short leasehold

-

evenly over the period of the lease

Office equipment

-

33% on reducing balance

Fixtures and fittings

-

20% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on reducing balance

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.

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.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2024 - 11 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 January 2025

182,767

Disposals

(102,767

)

At 31 December 2025

80,000

AMORTISATION

At 1 January 2025

134,767

Amortisation for year

8,000

Eliminated on disposal

(102,767

)

At 31 December 2025

40,000

NET BOOK VALUE

At 31 December 2025

40,000

At 31 December 2024

48,000

5.	TANGIBLE FIXED ASSETS

Fixtures

Short

Office

and

leasehold

equipment

fittings

£

COST

At 1 January 2025

12,777

7,218

56,107

Additions

-

1,750

314

Disposals

-

(6,411

)

(2,626

)

At 31 December 2025

12,777

2,557

53,795

DEPRECIATION

At 1 January 2025

12,636

6,549

51,966

Charge for year

141

317

875

Eliminated on disposal

-

(6,397

)

(2,472

)

At 31 December 2025

12,777

469

50,369

NET BOOK VALUE

At 31 December 2025

-

2,088

3,426

At 31 December 2024

141

669

4,141

Motor

Computer

vehicles

equipment

Totals

£

COST

At 1 January 2025

46,738

20,180

143,020

Additions

-

2,064

Disposals

-

(16,650

)

(25,687

)

At 31 December 2025

46,738

3,530

119,397

DEPRECIATION

At 1 January 2025

12,446

19,431

103,028

Charge for year

8,572

247

10,152

Eliminated on disposal

-

(16,535

)

(25,404

)

At 31 December 2025

21,018

3,143

87,776

NET BOOK VALUE

At 31 December 2025

25,720

387

31,621

At 31 December 2024

34,292

749

39,992

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Motor

vehicles

£

COST

At 1 January 2025

and 31 December 2025

30,138

DEPRECIATION

At 1 January 2025

7,535

Charge for year

3,157

At 31 December 2025

10,692

NET BOOK VALUE

At 31 December 2025

19,446

At 31 December 2024

22,603

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

Trade debtors

239,680

336,365

Other debtors

7,453

3,546

247,133

339,911

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

Hire purchase contracts (see note 9)

3,233

Trade creditors

127,972

188,967

Taxation and social security

15,523

44,784

Other creditors

20,334

50,593

167,062

287,577

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.25

31.12.24

£

Hire purchase contracts (see note 9)

20,055

23,288

Other creditors

35,797

55,852

59,085

The hire purchase loan is secured against the asset to which it relates.

9.	LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase

contracts

31.12.25

31.12.24

£

Net obligations repayable:

Within one year

3,233

Between one and five years

20,055

23,288

26,521

Non-cancellable

operating leases

31.12.25

31.12.24

£

Within one year

35,775

33,100

Between one and five years

43,448

79,223

112,323

10.	PROVISIONS FOR LIABILITIES

31.12.25

31.12.24

£

Deferred tax

1,236

Deferred

tax

£

Balance at 1 January 2025

1,236

Balance at 31 December 2025

1,236

11.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.25

31.12.24

value:

£

35,000

Ordinary

£1

35,000

10,000

Ordinary A

£1

10,000

45,000

12.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditor was unqualified.

Simon Sefton (Senior Statutory Auditor)

for and on behalf of mgr Audit Limited

13.	PENSION COMMITMENTS

The company makes contributions to a defined contribution pension scheme of behalf of the employees. The assets of the scheme are held separately from those of the company in an independently administered fund. Amounts charged to the profit and loss account were £3,824 for the year (2024: £4,635). Contributions totalling £328 (2024: £571) were payable to fund at the year end and are included in creditors.

14.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

E A Poore has provided a personal guarantee with respect to the company's banking facilities.