Hexad Associates Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 09150173 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 April 2019

for

Hexad Associates Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Z Ullah

SECRETARY:

H T Quinn

REGISTERED OFFICE:

21-23 High Street

Leicester

LE1 4FP

REGISTERED NUMBER:

09150173 (England and Wales)

ACCOUNTANTS:

Carter & Co

19 Warren Park Way

Enderby

Leicester

LE19 4SA

FIXED ASSETS

Investments

4

606,337

606,337

CURRENT ASSETS

Debtors

5

1,600

75,550

Cash at bank

-

28

1,600

75,578

CREDITORS

Amounts falling due within one year

6

391,024

375,328

NET CURRENT LIABILITIES

(389,424

)

(299,750

)

TOTAL ASSETS LESS CURRENT LIABILITIES

216,913

306,587

CAPITAL AND RESERVES

Called up share capital

8

471

471

Share premium

29,990

29,990

Retained earnings

186,452

276,126

SHAREHOLDERS' FUNDS

216,913

306,587

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2019 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 on 10 January 2020 and were signed by:

Z Ullah - Director

1.	STATUTORY INFORMATION

Hexad Associates 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 Hexad Associates 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.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost less provision for diminution in value.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2018 - 4 ) .

4.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 May 2018

and 30 April 2019

606,337

NET BOOK VALUE

At 30 April 2019

606,337

At 30 April 2018

606,337

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.19

30.4.18

£

£

Amounts owed by group undertakings

1,545

-

Other debtors

55

75,550

1,600

75,550

Other debtors represents unpaid shareholder share capital of £55 (2018 - £55) and an overdrawn directors loan

account of £nil (2018 - £75,495).

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.19

30.4.18

£

£

Amounts owed to group undertakings

390,034

362,162

Other creditors

90

12,266

Accrued expenses

900

900

391,024

375,328

7.	SECURED DEBTS

The following secured debts are included within creditors:

30.4.19

30.4.18

£

£

Other Creditors < 1 Year

-

12,266

Security is given by way of fixed and floating charges which covers all the property and undertakings of the

company.

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.4.19

30.4.18

value:

£

£

8,550

Ordinary A

£0.01

86

86

185

Ordinary B

£1.00

185

185

190

Ordinary C

£1.00

190

190

10

Ordinary D

£1.00

10

10

471

471