HXY LTD

Company Registration Number:
12399874 (England and Wales)

Unaudited statutory accounts for the year ended 31 January 2024

Period of accounts

Start date: 1 February 2023

End date: 31 January 2024

HXY LTD

Contents of the Financial Statements

for the Period Ended 31 January 2024

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

HXY LTD

Directors' report period ended 31 January 2024

The directors present their report with the financial statements of the company for the period ended 31 January 2024

Directors

The director shown below has held office during the whole of the period from
1 February 2023 to 31 January 2024

Kelvin Linton


The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
2 December 2024

And signed on behalf of the board by:
Name: Kelvin Linton
Status: Director

HXY LTD

Profit And Loss Account

for the Period Ended 31 January 2024

2024 2023


£

£
Turnover: 6,424,924 3,671,330
Cost of sales: ( 4,168,557 ) ( 2,275,485 )
Gross profit(or loss): 2,256,367 1,395,845
Distribution costs: ( 220,121 ) ( 131,251 )
Administrative expenses: ( 614,128 ) ( 385,426 )
Operating profit(or loss): 1,422,118 879,168
Profit(or loss) before tax: 1,422,118 879,168
Tax: ( 349,758 ) ( 167,041 )
Profit(or loss) for the financial year: 1,072,360 712,127

HXY LTD

Balance sheet

As at 31 January 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 937,848 803,931
Total fixed assets: 937,848 803,931
Current assets
Stocks: 4 1,408,270 452,154
Debtors: 5 766,884 395,225
Cash at bank and in hand: 252,885 210,487
Total current assets: 2,428,039 1,057,866
Creditors: amounts falling due within one year: 6 ( 652,988 ) ( 221,258 )
Net current assets (liabilities): 1,775,051 836,608
Total assets less current liabilities: 2,712,899 1,640,539
Total net assets (liabilities): 2,712,899 1,640,539
Capital and reserves
Called up share capital: 75,000 75,000
Profit and loss account: 2,637,899 1,565,539
Total Shareholders' funds: 2,712,899 1,640,539

The notes form part of these financial statements

HXY LTD

Balance sheet statements

For the year ending 31 January 2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 2 December 2024
and signed on behalf of the board by:

Name: Kelvin Linton
Status: Director

The notes form part of these financial statements

HXY LTD

Notes to the Financial Statements

for the Period Ended 31 January 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

HXY LTD

Notes to the Financial Statements

for the Period Ended 31 January 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 13 10

HXY LTD

Notes to the Financial Statements

for the Period Ended 31 January 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 February 2023 569,938 103,075 44,252 50,142 145,904 913,311
Additions 25,688 42,657 89,885 106,243 264,473
Disposals
Revaluations
Transfers
At 31 January 2024 569,938 128,763 86,909 140,027 252,147 1,177,784
Depreciation
At 1 February 2023 19,755 12,246 19,037 58,342 109,380
Charge for year 25,752 17,381 28,005 59,418 130,556
On disposals
Other adjustments
At 31 January 2024 45,507 29,627 47,042 117,760 239,936
Net book value
At 31 January 2024 569,938 83,256 57,282 92,985 134,387 937,848
At 31 January 2023 569,938 83,320 32,006 31,105 87,562 803,931

HXY LTD

Notes to the Financial Statements

for the Period Ended 31 January 2024

4. Stocks

2024 2023
£ £
Stocks 1,408,270 452,154
Total 1,408,270 452,154

HXY LTD

Notes to the Financial Statements

for the Period Ended 31 January 2024

5. Debtors

2024 2023
£ £
Trade debtors 766,884 395,225
Total 766,884 395,225

HXY LTD

Notes to the Financial Statements

for the Period Ended 31 January 2024

6. Creditors: amounts falling due within one year note

2024 2023
£ £
Trade creditors 253,378 54,217
Taxation and social security 399,610 167,041
Total 652,988 221,258