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REGISTERED NUMBER: 14241233 (England and Wales)









HILLTOP ENGINEERING AND TOOL LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025






HILLTOP ENGINEERING AND TOOL LTD (REGISTERED NUMBER: 14241233)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


HILLTOP ENGINEERING AND TOOL LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2025







DIRECTORS: R Olsen
N Bortone





REGISTERED OFFICE: Coombs Road
Halesowen
B62 8AF





REGISTERED NUMBER: 14241233 (England and Wales)





ACCOUNTANTS: UHY Hacker Young (Bham) LLP
9-11 Vittoria Street
Birmingham
B1 3ND

HILLTOP ENGINEERING AND TOOL LTD (REGISTERED NUMBER: 14241233)

BALANCE SHEET
31 MARCH 2025

2025 2024
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 576,000 -
Tangible assets 5 87,184 47,835
663,184 47,835

CURRENT ASSETS
Stocks 63,306 69,635
Debtors 6 278,770 263,405
Cash at bank 66,419 26,133
408,495 359,173
CREDITORS
Amounts falling due within one year 7 512,039 178,456
NET CURRENT (LIABILITIES)/ASSETS (103,544 ) 180,717
TOTAL ASSETS LESS CURRENT
LIABILITIES

559,640

228,552

CREDITORS
Amounts falling due after more than
one year

8

(304,031

)

-

PROVISIONS FOR LIABILITIES (21,796 ) (11,959 )
NET ASSETS 233,813 216,593

HILLTOP ENGINEERING AND TOOL LTD (REGISTERED NUMBER: 14241233)

BALANCE SHEET - continued
31 MARCH 2025

2025 2024
Notes £    £    £    £   
CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 233,713 216,493
233,813 216,593

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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.

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 Profit and loss account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 24 July 2025 and were signed on its behalf by:





R Olsen - Director


HILLTOP ENGINEERING AND TOOL LTD (REGISTERED NUMBER: 14241233)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

1. STATUTORY INFORMATION

Hilltop Engineering and Tool 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

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.

Stocks
Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and loss account, 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.


HILLTOP ENGINEERING AND TOOL LTD (REGISTERED NUMBER: 14241233)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025

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 17 (2024 - 14 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
Additions 600,000
At 31 March 2025 600,000
AMORTISATION
Charge for year 24,000
At 31 March 2025 24,000
NET BOOK VALUE
At 31 March 2025 576,000

HILLTOP ENGINEERING AND TOOL LTD (REGISTERED NUMBER: 14241233)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2024 59,087
Additions 53,896
At 31 March 2025 112,983
DEPRECIATION
At 1 April 2024 11,252
Charge for year 14,547
At 31 March 2025 25,799
NET BOOK VALUE
At 31 March 2025 87,184
At 31 March 2024 47,835

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 246,326 234,965
Other debtors 32,444 28,440
278,770 263,405

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Bank loans and overdrafts 233,286 -
Hire purchase contracts 3,147 328
Trade creditors 133,916 93,516
Taxation and social security 37,694 77,888
Other creditors 103,996 6,724
512,039 178,456

HILLTOP ENGINEERING AND TOOL LTD (REGISTERED NUMBER: 14241233)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2025 2024
£    £   
Bank loans 182,022 -
Hire purchase contracts 22,009 -
Other creditors 100,000 -
304,031 -