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REGISTERED NUMBER: 04100740 (England and Wales)












HANCOCK (UK) LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2024






HANCOCK (UK) LIMITED (REGISTERED NUMBER: 04100740)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


HANCOCK (UK) LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 APRIL 2024







DIRECTORS: Mr M J Bigg
Mr R A Swindail





REGISTERED OFFICE: Sterling House
Fulbourne Road
Walthamstow
London
E17 4EE





REGISTERED NUMBER: 04100740 (England and Wales)





ACCOUNTANTS: Christiansons Ltd
Chartered Certified Accountants
Sterling House
Fulbourne Road
Walthamstow
London
E17 4EE

HANCOCK (UK) LIMITED (REGISTERED NUMBER: 04100740)

BALANCE SHEET
30 APRIL 2024

30.4.24 30.4.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 10,699 12,648

CURRENT ASSETS
Stocks 5 367,397 536,522
Debtors 6 319,061 259,144
Cash at bank and in hand 321,911 221,115
1,008,369 1,016,781
CREDITORS
Amounts falling due within one year 7 106,232 82,751
NET CURRENT ASSETS 902,137 934,030
TOTAL ASSETS LESS CURRENT
LIABILITIES

912,836

946,678

PROVISIONS FOR LIABILITIES 8 478 689
NET ASSETS 912,358 945,989

CAPITAL AND RESERVES
Called up share capital 9 230 240
Retained earnings 10 912,128 945,749
SHAREHOLDERS' FUNDS 912,358 945,989

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2024 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.

HANCOCK (UK) LIMITED (REGISTERED NUMBER: 04100740)

BALANCE SHEET - continued
30 APRIL 2024


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 15 January 2025 and were signed on its behalf by:




Mr M J Bigg - Director



Mr R A Swindail - Director


HANCOCK (UK) LIMITED (REGISTERED NUMBER: 04100740)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024


1. STATUTORY INFORMATION

Hancock (UK) 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 sales of goods net of VAT and trade discounts. Turnover is recognised when the goods are physically delivered to the customer.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - 10% on cost
Plant and machinery - 20% on reducing balance
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

Stocks
Stock is valued at the lower of cost and net realisable value. Cost is determined a first in first out basis. Net realisable value represents estimated selling price less costs to complete and sell. Provision is made for slow moving, obsolete or damaged stock where the net realisable is less than cost.

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.

HANCOCK (UK) LIMITED (REGISTERED NUMBER: 04100740)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2023 - 6 ) .

4. TANGIBLE FIXED ASSETS
Improvements Fixtures
to Plant and and
property machinery fittings
£    £    £   
COST
At 1 May 2023 80,337 26,984 13,791
Additions - - -
At 30 April 2024 80,337 26,984 13,791
DEPRECIATION
At 1 May 2023 80,337 18,547 12,825
Charge for year - 1,687 145
At 30 April 2024 80,337 20,234 12,970
NET BOOK VALUE
At 30 April 2024 - 6,750 821
At 30 April 2023 - 8,437 966

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 May 2023 9,800 872 131,784
Additions - 1,054 1,054
At 30 April 2024 9,800 1,926 132,838
DEPRECIATION
At 1 May 2023 6,700 727 119,136
Charge for year 775 396 3,003
At 30 April 2024 7,475 1,123 122,139
NET BOOK VALUE
At 30 April 2024 2,325 803 10,699
At 30 April 2023 3,100 145 12,648

5. STOCKS
30.4.24 30.4.23
£    £   
Stocks 367,397 536,522

HANCOCK (UK) LIMITED (REGISTERED NUMBER: 04100740)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024


6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Trade debtors 270,189 220,497
Other debtors 26,945 34,545
Prepayments 21,927 4,102
319,061 259,144

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Trade creditors 55,239 33,019
Corporation tax 16,549 18,326
Social security and other taxes 21,126 10,248
Directors' current accounts - 8,393
Accrued expenses 13,318 12,765
106,232 82,751

8. PROVISIONS FOR LIABILITIES
30.4.24 30.4.23
£    £   
Deferred tax 478 689

Deferred
tax
£   
Balance at 1 May 2023 689
Accelerated allowances (211 )
Balance at 30 April 2024 478

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.4.24 30.4.23
value: £    £   
230 Ordinary £1 230 240

HANCOCK (UK) LIMITED (REGISTERED NUMBER: 04100740)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024


10. RESERVES
Retained
earnings
£   

At 1 May 2023 945,749
Profit for the year 58,869
Dividends (50,000 )
Purchase of own shares (42,490 )
At 30 April 2024 912,128

11. ULTIMATE CONTROLLING PARTY

There is no overall control of the company by any one person.