REGISTERED NUMBER: 01954313 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2025

for

Haden Freeman Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

W G Baxter

M A L Evans

Mrs D M T O'Connor

REGISTERED OFFICE:

B2.06-B2.11, The Forum

Tameside Business Park

Windmill Lane

Denton

Greater Manchester

M34 3QS

REGISTERED NUMBER:

01954313 (England and Wales)

ACCOUNTANTS:

Freedman Frankl & Taylor

Chartered Accountants

Reedham House

31 King Street West

Manchester

M3 2PJ

FIXED ASSETS

Tangible assets

4

13,645

21,253

CURRENT ASSETS

Debtors

5

696,826

754,586

Cash at bank

53,725

96,555

750,551

851,141

CREDITORS

Amounts falling due within one year

6

(581,958

)

(508,347

)

NET CURRENT ASSETS

168,593

342,794

TOTAL ASSETS LESS CURRENT LIABILITIES

182,238

364,047

CREDITORS

Amounts falling due after more than one year

7

-

(6,809

)

NET ASSETS

182,238

357,238

CAPITAL AND RESERVES

Called up share capital

10,000

10,000

Retained earnings

172,238

347,238

182,238

357,238

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

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

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 25 September 2026 and were signed on its behalf by:

W G Baxter - Director

1.	STATUTORY INFORMATION

Haden Freeman 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.

Preparation of consolidated financial statements

The financial statements contain information about Haden Freeman Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Turnover

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:

- the amount can be measured reliably;

- it is probable that the company will receive the consideration due under the contract;

- the stage of completion of the contract at the end of the reporting period can be measured reliably; and

- the costs incurred and the costs to complete the contract can be measured reliably.

Interest income

Interest income is recognised in the statement of comprehensive income using the effective interest method.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

- between 10% on cost to 33% on cost

Tangible fixed assets are recorded at cost less accumulated depreciation and accumulated impairment losses.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Research and development

Expenditure on research and development is written off in the year in which it is incurred.

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.

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.

Operating leases

Rentals paid under operating leases are charged to the statement of comprehensive income on a straight line basis over the period of the lease.

Going concern

The company's financial statements for the year ended 31 December 2025 have been prepared on a going concern basis as, after making appropriate enquiries, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future.

The directors also have a belief that there are significant opportunities within the sector for the company's services, reflected in a healthy level of enquiries currently in the pipeline and the directors are focused on converting these opportunities into new business.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 13 (2024 - 14 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Motor

fittings

vehicles

Totals

£

£

£

COST

At 1 January 2025

296,203

10,000

306,203

Additions

3,404

-

3,404

At 31 December 2025

299,607

10,000

309,607

DEPRECIATION

At 1 January 2025

283,075

1,875

284,950

Charge for year

8,512

2,500

11,012

At 31 December 2025

291,587

4,375

295,962

NET BOOK VALUE

At 31 December 2025

8,020

5,625

13,645

At 31 December 2024

13,128

8,125

21,253

5.

DEBTORS

2025

2024

£

£

Amounts falling due within one year:

Trade debtors

388,015

392,449

Amounts recoverable on

contracts

16,734

31,934

Other debtors

30,773

60,218

435,522

484,601

Amounts falling due after more than one year:

Amounts owed by group undertakings

261,304

269,985

Aggregate amounts

696,826

754,586

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

134,070

10,000

Payments on account

180,084

249,378

Trade creditors

123,088

66,383

Taxation and social security

43,539

44,129

Other creditors

101,177

138,457

581,958

508,347

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

-

6,809

8.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2025

2024

£

£

Within one year

43,490

65,883

Between one and five years

98,112

21,774

In more than five years

5,976

-

147,578

87,657

9.	RELATED PARTY DISCLOSURES

During the year, the company was provided with services amounting to £34,578 (2024: £40,060) from an entity in which one of the director's children has a material interest. At 31 December 2025, there was £1,027 (2024: £3,056) owed to this entity.

At 31 December 2025, a balance of £17,704 (2024: £25,786 ) was owed to an entity in which the directors of the company have a material interest.

10.	ULTIMATE PARENT UNDERTAKING

The company's immediate parent undertaking is Validation Services Limited. The company's ultimate parent company is Haden Freeman (Holdings) Limited, a company registered in England and Wales.