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REGISTERED NUMBER: 08844791 (England and Wales)















HILTON STORES LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD

1 AUGUST 2023 TO 31 OCTOBER 2024






HILTON STORES LIMITED (REGISTERED NUMBER: 08844791)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Period 1 AUGUST 2023 TO 31 OCTOBER 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


HILTON STORES LIMITED

COMPANY INFORMATION
for the Period 1 AUGUST 2023 TO 31 OCTOBER 2024







DIRECTOR: Mr B S Sohal





REGISTERED OFFICE: Hilton Stores
Cannock Road
Featherstone
West Midlands
WV10 7AD





REGISTERED NUMBER: 08844791 (England and Wales)





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

HILTON STORES LIMITED (REGISTERED NUMBER: 08844791)

BALANCE SHEET
31 OCTOBER 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 143,978 143,214

CURRENT ASSETS
Stocks 58,914 56,610
Debtors 5 3,685 12,976
Cash at bank and in hand 13,999 2,571
76,598 72,157
CREDITORS
Amounts falling due within one year 6 43,400 13,190
NET CURRENT ASSETS 33,198 58,967
TOTAL ASSETS LESS CURRENT
LIABILITIES

177,176

202,181

CREDITORS
Amounts falling due after more than one
year

7

(187,841

)

(232,151

)

PROVISIONS FOR LIABILITIES 8 (931 ) (1,084 )
NET LIABILITIES (11,596 ) (31,054 )

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings (11,696 ) (31,154 )
SHAREHOLDERS' FUNDS (11,596 ) (31,054 )

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

The members have not required the company to obtain an audit of its financial statements for the period 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 STORES LIMITED (REGISTERED NUMBER: 08844791)

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 6 May 2025 and were signed by:





Mr B S Sohal - Director


HILTON STORES LIMITED (REGISTERED NUMBER: 08844791)

NOTES TO THE FINANCIAL STATEMENTS
for the Period 1 AUGUST 2023 TO 31 OCTOBER 2024

1. STATUTORY INFORMATION

Hilton Stores 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.

This may not be appropriate because at 31st October 2024 the company's liabilities exceeded its assets by £11,596 (2023 - £31,054). The Directors however believe that with the ongoing support of the company's shareholder, that it is appropriate to prepare the financial statements on the going concern basis which assumes that the company will continue in operational existence for the foreseeable future. If the company were unable to continue in operational existence for the foreseeable future, adjustments would have to be made to reduce balance sheet values of assets to their recoverable amounts, and to provide for further liabilities that might arise, and to reclassify fixed assets and long term liabilities as current assets and liabilities.

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.
Fixtures, fittings & 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 period 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.


HILTON STORES LIMITED (REGISTERED NUMBER: 08844791)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Period 1 AUGUST 2023 TO 31 OCTOBER 2024

2. ACCOUNTING POLICIES - continued
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 period 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.

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 period was 3 (2023 - 1 ) .

4. TANGIBLE FIXED ASSETS
Expenditure
on Fixtures,
tenanted fittings
premises & equipment Totals
£    £    £   
COST
At 1 August 2023 171,403 48,306 219,709
Additions - 3,320 3,320
At 31 October 2024 171,403 51,626 223,029
DEPRECIATION
At 1 August 2023 34,081 42,414 76,495
Charge for period - 2,556 2,556
At 31 October 2024 34,081 44,970 79,051
NET BOOK VALUE
At 31 October 2024 137,322 6,656 143,978
At 31 July 2023 137,322 5,892 143,214

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 260 -
Other debtors 3,425 12,976
3,685 12,976

HILTON STORES LIMITED (REGISTERED NUMBER: 08844791)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Period 1 AUGUST 2023 TO 31 OCTOBER 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 15,655 1,666
Taxation and social security 4,441 -
Other creditors 23,304 11,524
43,400 13,190

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Other creditors 187,841 232,151

8. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax 931 1,084

Deferred
tax
£   
Balance at 1 August 2023 1,084
Provided during period (153 )
Balance at 31 October 2024 931

9. CALLED UP SHARE CAPITAL

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