REGISTERED NUMBER: 05561248

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

Hershey Systems Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr Matthew Robinson

SECRETARY:

Stones Book Keeping Services (Sussex) Limited

REGISTERED OFFICE:

398 Coast Road

Pevensey Bay

East Sussex

BN24 6NY

REGISTERED NUMBER:

05561248

FIXED ASSETS

Tangible assets

4

2,427

3,034

CURRENT ASSETS

Stocks

35,545

48,988

Debtors

5

30,331

30,860

Cash at bank and in hand

18,626

26,865

84,502

106,713

CREDITORS

Amounts falling due within one year

6

33,889

56,189

NET CURRENT ASSETS

50,613

50,524

TOTAL ASSETS LESS CURRENT LIABILITIES

53,040

53,558

CREDITORS

Amounts falling due after more than one year

7

26,897

41,862

NET ASSETS

26,143

11,696

CAPITAL AND RESERVES

Called up share capital

1,001

1,001

Retained earnings

25,142

10,695

SHAREHOLDERS' FUNDS

26,143

11,696

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 14 July 2025 and were signed by:

Mr Matthew Robinson - Director

1.	STATUTORY INFORMATION

Hershey Systems Limited is a private company, limited by shares , registered in Not specified/Other. 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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

-

20% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2024 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

fittings

£

COST

At 1 April 2024

and 31 March 2025

23,171

DEPRECIATION

At 1 April 2024

20,137

Charge for year

607

At 31 March 2025

20,744

NET BOOK VALUE

At 31 March 2025

2,427

At 31 March 2024

3,034

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/25

31/3/24

£

£

Trade debtors

28,331

24,807

VAT

-

53

Prepayments

2,000

6,000

30,331

30,860

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/25

31/3/24

£

£

Trade creditors

-

40

Tax

9,167

3,649

Social security and other taxes

-

(918

)

VAT

815

-

Directors' loan accounts

23,012

52,543

Accrued expenses

895

875

33,889

56,189

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31/3/25

31/3/24

£

£

Bank loans - 2-5 years

26,897

41,862

8.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The directors loan account shown on the balance sheet was owed to the directors of the company. No interest has been charged for this loan and there is no set repayment date.

9.	ULTIMATE CONTROLLING PARTY

The company is controlled by the director and the loans are guaranteed by the directors personally.