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REGISTERED NUMBER: 04546599 (England and Wales)
















Financial Statements

for the Year Ended 31 December 2024

for

Hinders of Swindon Limited

Hinders of Swindon Limited (Registered number: 04546599)

Contents of the Financial Statements
for the Year Ended 31 December 2024










Page

Company Information 1

Report of the Accountants 2

Balance Sheet 3

Notes to the Financial Statements 5


Hinders of Swindon Limited

Company Information
for the Year Ended 31 December 2024







DIRECTOR: Mr J Fontz





REGISTERED OFFICE: Unit 10
Headlands Trading Estate
Swindon
Wiltshire
SN2 7JQ





REGISTERED NUMBER: 04546599 (England and Wales)





ACCOUNTANTS: Xeinadin South Wales & West Limited
701 Stonehouse Park
Sperry Way
Stonehouse
Gloucestershire
GL10 3UT

Hinders of Swindon Limited

Report of the Accountants to the Director of
Hinders of Swindon Limited


The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements and the related notes from the company's accounting records and from information and explanations you have given us.

This report is made solely to the Board of Directors as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements and state those matters that we have agreed to state to the Board of Directors, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that the Company has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit. You consider that the Company is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of the Company. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Xeinadin South Wales & West Limited


1 April 2025

Hinders of Swindon Limited (Registered number: 04546599)

Balance Sheet
31 December 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 14,535 17,711
14,535 17,711

CURRENT ASSETS
Stocks 20,015 33,500
Debtors 6 9,058 12,617
Cash at bank 13,698 30,295
42,771 76,412
CREDITORS
Amounts falling due within one year 7 101,453 71,332
NET CURRENT (LIABILITIES)/ASSETS (58,682 ) 5,080
TOTAL ASSETS LESS CURRENT LIABILITIES (44,147 ) 22,791

CREDITORS
Amounts falling due after more than one
year

8

(18,072

)

(20,372

)

PROVISIONS FOR LIABILITIES (2,008 ) (2,446 )
NET LIABILITIES (64,227 ) (27 )

CAPITAL AND RESERVES
Called up share capital 2,000 2,000
Retained earnings (66,227 ) (2,027 )
SHAREHOLDERS' FUNDS (64,227 ) (27 )

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

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

Hinders of Swindon Limited (Registered number: 04546599)

Balance Sheet - continued
31 December 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 director and authorised for issue on 1 April 2025 and were signed by:





Mr J Fontz - Director


Hinders of Swindon Limited (Registered number: 04546599)

Notes to the Financial Statements
for the Year Ended 31 December 2024


1. STATUTORY INFORMATION

Hinders of Swindon 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid on connection with the acquisition of a business in 2002, has now been fully amortised.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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

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 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.


Hinders of Swindon Limited (Registered number: 04546599)

Notes to the Financial Statements - continued
for the Year Ended 31 December 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 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.

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 - 4 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 January 2024
and 31 December 2024 110,000
AMORTISATION
At 1 January 2024
and 31 December 2024 110,000
NET BOOK VALUE
At 31 December 2024 -
At 31 December 2023 -

Hinders of Swindon Limited (Registered number: 04546599)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024


5. TANGIBLE FIXED ASSETS
Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1 January 2024 68,165 10,995 9,977 89,137
Disposals (3,027 ) - (6,451 ) (9,478 )
At 31 December 2024 65,138 10,995 3,526 79,659
DEPRECIATION
At 1 January 2024 50,556 10,893 9,977 71,426
Charge for year 1,606 26 - 1,632
Eliminated on disposal (1,483 ) - (6,451 ) (7,934 )
At 31 December 2024 50,679 10,919 3,526 65,124
NET BOOK VALUE
At 31 December 2024 14,459 76 - 14,535
At 31 December 2023 17,609 102 - 17,711

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 6,159 2,357
Other debtors 2,899 10,260
9,058 12,617

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 8,674 15,444
Taxation and social security 27,560 8,916
Other creditors 65,219 46,972
101,453 71,332

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Other creditors 18,072 20,372

Hinders of Swindon Limited (Registered number: 04546599)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024


9. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2024 2023
£    £   
Within one year 20,000 20,000
Between one and five years 8,333 28,333
28,333 48,333