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REGISTERED NUMBER: 06983566 (England and Wales)




























Unaudited Financial Statements

for the Year Ended 30 June 2024

for

Hilton Lord Associates Ltd

Hilton Lord Associates Ltd (Registered number: 06983566)






Contents of the Financial Statements
for the Year Ended 30 June 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Hilton Lord Associates Ltd

Company Information
for the Year Ended 30 June 2024







DIRECTORS: Mr Robert John Fisk
Mr Len Kershaw
Mr David Jeremy Kershaw





SECRETARY: Mr Len Kershaw





REGISTERED OFFICE: 1-3 The Courtyard
Calvin Street
Bolton
Lancashire
BL1 8PB





REGISTERED NUMBER: 06983566 (England and Wales)





ACCOUNTANTS: DonnellyBentley Limited
Chartered Accountants
Hazlemere
70 Chorley New Road
Bolton
Lancashire
BL1 4BY

Hilton Lord Associates Ltd (Registered number: 06983566)

Balance Sheet
30 June 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 111,326 141,779
Investments 5 88 86
111,414 141,865

CURRENT ASSETS
Debtors 6 2,181,334 1,819,063
Cash at bank and in hand 776,982 810,981
2,958,316 2,630,044
CREDITORS
Amounts falling due within one year 7 357,494 330,085
NET CURRENT ASSETS 2,600,822 2,299,959
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,712,236

2,441,824

CREDITORS
Amounts falling due after more than one
year

8

(92,569

)

(118,493

)

PROVISIONS FOR LIABILITIES 9 (27,831 ) (35,445 )
NET ASSETS 2,591,836 2,287,886

CAPITAL AND RESERVES
Called up share capital 10 3 3
Retained earnings 2,591,833 2,287,883
SHAREHOLDERS' FUNDS 2,591,836 2,287,886

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

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

Hilton Lord Associates Ltd (Registered number: 06983566)

Balance Sheet - continued
30 June 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 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 18 March 2025 and were signed on its behalf by:




Mr Len Kershaw - Director Mr David Jeremy Kershaw - Director




Mr Robert John Fisk - Director


Hilton Lord Associates Ltd (Registered number: 06983566)

Notes to the Financial Statements
for the Year Ended 30 June 2024

1. STATUTORY INFORMATION

Hilton Lord Associates Ltd 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 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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Office & computer equipment - 25% on cost
Plant and machinery - 20% on cost
Motor vehicles - 25% on reducing balance

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.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Hilton Lord Associates Ltd (Registered number: 06983566)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

2. ACCOUNTING POLICIES - continued

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 12 (2023 - 11 ) .

4. TANGIBLE FIXED ASSETS
Office &
computer Plant and Motor
equipment machinery vehicles Totals
£    £    £    £   
COST
At 1 July 2023 41,341 767 196,058 238,166
Additions 8,572 - - 8,572
At 30 June 2024 49,913 767 196,058 246,738
DEPRECIATION
At 1 July 2023 30,396 242 65,749 96,387
Charge for year 6,293 154 32,578 39,025
At 30 June 2024 36,689 396 98,327 135,412
NET BOOK VALUE
At 30 June 2024 13,224 371 97,731 111,326
At 30 June 2023 10,945 525 130,309 141,779

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
At 1 July 2023
and 30 June 2024 196,058
DEPRECIATION
At 1 July 2023 65,749
Charge for year 32,578
At 30 June 2024 98,327
NET BOOK VALUE
At 30 June 2024 97,731
At 30 June 2023 130,309

Hilton Lord Associates Ltd (Registered number: 06983566)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 July 2023 86
Additions 5
Disposals (3 )
At 30 June 2024 88
NET BOOK VALUE
At 30 June 2024 88
At 30 June 2023 86

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 197,154 234,404
Other debtors 1,927,096 1,525,382
Prepayments & accrued income 57,084 59,277
2,181,334 1,819,063

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Hire purchase contracts 25,924 25,924
Trade creditors 16,916 4,940
Tax 195,741 191,930
Social security and other taxes 10,492 10,333
VAT 67,315 70,548
Other creditors 2,619 1,964
Accrued expenses 38,487 24,446
357,494 330,085

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Hire purchase contracts 92,569 118,493

9. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax 27,831 35,445

Hilton Lord Associates Ltd (Registered number: 06983566)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

9. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Balance at 1 July 2023 35,445
Provided during year (7,614 )
Balance at 30 June 2024 27,831

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
3 Ordinary £1 3 3