IRIS Accounts Production v25.1.3.33 04062187 director 1.11.23 31.10.24 31.10.24 false true false false true false Ordinary share capital 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh040621872023-10-31040621872024-10-31040621872023-11-012024-10-31040621872022-10-31040621872022-11-012023-10-31040621872023-10-3104062187ns15:EnglandWales2023-11-012024-10-3104062187ns14:PoundSterling2023-11-012024-10-3104062187ns10:Director12023-11-012024-10-3104062187ns10:PrivateLimitedCompanyLtd2023-11-012024-10-3104062187ns10:SmallEntities2023-11-012024-10-3104062187ns10:AuditExempt-NoAccountantsReport2023-11-012024-10-3104062187ns10:SmallCompaniesRegimeForDirectorsReport2023-11-012024-10-3104062187ns10:SmallCompaniesRegimeForAccounts2023-11-012024-10-3104062187ns10:FullAccounts2023-11-012024-10-3104062187ns10:OrdinaryShareClass12023-11-012024-10-3104062187ns10:RegisteredOffice2023-11-012024-10-3104062187ns5:CurrentFinancialInstruments2024-10-3104062187ns5:CurrentFinancialInstruments2023-10-3104062187ns5:Non-currentFinancialInstruments2024-10-3104062187ns5:Non-currentFinancialInstruments2023-10-3104062187ns5:ShareCapital2024-10-3104062187ns5:ShareCapital2023-10-3104062187ns5:RetainedEarningsAccumulatedLosses2024-10-3104062187ns5:RetainedEarningsAccumulatedLosses2023-10-3104062187ns5:LandBuildingsns5:OwnedOrFreeholdAssets2023-11-012024-10-3104062187ns5:FurnitureFittings2023-11-012024-10-3104062187ns5:LandBuildings2023-10-3104062187ns5:FurnitureFittings2023-10-3104062187ns5:LandBuildings2023-11-012024-10-3104062187ns5:LandBuildings2024-10-3104062187ns5:FurnitureFittings2024-10-3104062187ns5:LandBuildings2023-10-3104062187ns5:FurnitureFittings2023-10-3104062187ns5:FurnitureFittingsns5:LeasedAssetsHeldAsLessee2023-10-3104062187ns5:FurnitureFittingsns5:LeasedAssetsHeldAsLessee2023-11-012024-10-3104062187ns5:FurnitureFittingsns5:LeasedAssetsHeldAsLessee2024-10-3104062187ns5:FurnitureFittingsns5:LeasedAssetsHeldAsLessee2023-10-3104062187ns5:WithinOneYearns5:CurrentFinancialInstruments2024-10-3104062187ns5:WithinOneYearns5:CurrentFinancialInstruments2023-10-3104062187ns5:DeferredTaxation2023-10-3104062187ns5:DeferredTaxation2023-11-012024-10-3104062187ns5:DeferredTaxation2024-10-3104062187ns10:OrdinaryShareClass12024-10-31
REGISTERED NUMBER: 04062187 (England and Wales)















HILTON AUTOGAS CENTRE LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2024






HILTON AUTOGAS CENTRE LIMITED (REGISTERED NUMBER: 04062187)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 OCTOBER 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


HILTON AUTOGAS CENTRE LIMITED

COMPANY INFORMATION
for the Year Ended 31 OCTOBER 2024







DIRECTOR: Mr B S Sohal





REGISTERED OFFICE: Hilton Autogas Centre
Cannock Road
Featherstone
Wolverhampton
West Midlands
WV10 7AD





REGISTERED NUMBER: 04062187 (England and Wales)





ACCOUNTANTS: Wallace Crooke
Chartered Accountants
College House
St. Leonards Close
Bridgnorth
Shropshire
WV16 4EJ

HILTON AUTOGAS CENTRE LIMITED (REGISTERED NUMBER: 04062187)

BALANCE SHEET
31 OCTOBER 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 46,083 42,446

CURRENT ASSETS
Stocks 10,000 10,000
Debtors 5 248,300 269,074
Cash at bank and in hand 33,564 35,076
291,864 314,150
CREDITORS
Amounts falling due within one year 6 111,800 111,460
NET CURRENT ASSETS 180,064 202,690
TOTAL ASSETS LESS CURRENT
LIABILITIES

226,147

245,136

CREDITORS
Amounts falling due after more than one
year

7

(135,750

)

(145,891

)

PROVISIONS FOR LIABILITIES 8 (7,601 ) (8,065 )
NET ASSETS 82,796 91,180

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 82,696 91,080
SHAREHOLDERS' FUNDS 82,796 91,180

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2024 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.

HILTON AUTOGAS CENTRE LIMITED (REGISTERED NUMBER: 04062187)

BALANCE SHEET - continued
31 OCTOBER 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 director and authorised for issue on 15 April 2025 and were signed by:





Mr B S Sohal - Director


HILTON AUTOGAS CENTRE LIMITED (REGISTERED NUMBER: 04062187)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 OCTOBER 2024

1. STATUTORY INFORMATION

Hilton Autogas Centre 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.

The company's financial statements are individual entity financial statements.

The company's financial statements are presented in Sterling and all values are rounded to the nearest pound.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

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.
Software - 10% on reducing balance
Fixtures & Equipment - 25% 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.

HILTON AUTOGAS CENTRE LIMITED (REGISTERED NUMBER: 04062187)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 OCTOBER 2024

2. ACCOUNTING POLICIES - continued

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.

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 5 (2023 - 5 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Software & Equipment Totals
£    £    £   
COST
At 1 November 2023 100,000 179,843 279,843
Additions - 15,292 15,292
At 31 October 2024 100,000 195,135 295,135
DEPRECIATION
At 1 November 2023 81,470 155,927 237,397
Charge for year 1,853 9,802 11,655
At 31 October 2024 83,323 165,729 249,052
NET BOOK VALUE
At 31 October 2024 16,677 29,406 46,083
At 31 October 2023 18,530 23,916 42,446

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Fixtures
& Equipment
£   
COST
At 1 November 2023
and 31 October 2024 9,251
DEPRECIATION
At 1 November 2023 6,619
Charge for year 658
At 31 October 2024 7,277
NET BOOK VALUE
At 31 October 2024 1,974
At 31 October 2023 2,632

HILTON AUTOGAS CENTRE LIMITED (REGISTERED NUMBER: 04062187)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 OCTOBER 2024

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 60,461 60,751
Other debtors 187,839 208,323
248,300 269,074

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 9,000 9,000
Hire purchase contracts 1,141 1,244
Trade creditors 35,057 45,337
Taxation and social security 7,579 9,471
Other creditors 59,023 46,408
111,800 111,460

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 5,250 14,250
Hire purchase contracts - 1,141
Other creditors 130,500 130,500
135,750 145,891

8. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax 7,601 8,065

Deferred
tax
£   
Balance at 1 November 2023 8,065
Provided during year (464 )
Balance at 31 October 2024 7,601

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary share capital £1 100 100