REGISTERED NUMBER: 12571904 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 January 2025

for

HSG Securities Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs L M Nicol

Mr F M Nicol

Mrs S A Carter

REGISTERED OFFICE:

111 Cambridge Road

Waterbeach

CAMBRIDGE

Cambridgeshire

CB25 9NJ

REGISTERED NUMBER:

12571904 (England and Wales)

FIXED ASSETS

Tangible assets

5

1,416,204

1,421,008

Investments

6

50,000

50,000

1,466,204

1,471,008

CURRENT ASSETS

Debtors

7

80,499

187,374

Cash at bank

114,195

38,175

194,694

225,549

CREDITORS

Amounts falling due within one year

8

116,766

91,685

NET CURRENT ASSETS

77,928

133,864

TOTAL ASSETS LESS CURRENT LIABILITIES

1,544,132

1,604,872

CREDITORS

Amounts falling due after more than one year

9

564,345

633,751

NET ASSETS

979,787

971,121

CAPITAL AND RESERVES

Called up share capital

56,750

56,750

Share premium

420,673

420,673

Capital redemption reserve

1,450

1,450

Retained earnings

500,914

492,248

979,787

971,121

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 4 September 2025 and were signed on its behalf by:

Mrs S A Carter - Director

1.	STATUTORY INFORMATION

HSG Securities 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.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

Preparation of consolidated financial statements

The financial statements contain information about HSG Securities Ltd as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Significant judgements and estimates

Preparation of the financial statements requires management to make significant judgements, estimates, and

assumptions that influence the values reported. These estimates and judgement are regularly reviewed and are based on the experience of the company's management as well as other factors, including the expectations of future events that are believed to be reasonable under the circumstances.

Significant judgements:

The directors have taken consideration of the requirements of the relevant financial reporting standards when preparing the financial statements, and concluded that there is not a reliable estimate of the fair value of the investments in subsidiary undertakings readily available to the company. The directors have subsequently recognised investments in subsidiaries at cost less impairment as disclosed within the accounting policies. The financial statements disclose supplementary information of the subsidiaries and their results in the accounting period in order to assist the end users of the financial statements.

There are no other judgements apart from those involving estimations that management has made in the process of applying the entities accounting polices and that have the most significant effect on the amounts recognised in the financial statements.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

Land and buildings

-

50 years straight line

Investments in subsidiaries

Unlisted fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses as there is no reliable fair value available.

Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instruments.

Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes, in effect, a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Debt instruments are subsequently measured at amortised cost.

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.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 3 ) .

5.	TANGIBLE FIXED ASSETS

Land and

buildings

£

COST

At 1 February 2024

and 31 January 2025

1,440,224

DEPRECIATION

At 1 February 2024

19,216

Charge for year

4,804

At 31 January 2025

24,020

NET BOOK VALUE

At 31 January 2025

1,416,204

At 31 January 2024

1,421,008

6.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 February 2024

and 31 January 2025

50,000

NET BOOK VALUE

At 31 January 2025

50,000

At 31 January 2024

50,000

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Amounts owed by group undertakings

80,499

187,374

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

67,481

63,700

Trade creditors

17

16

Taxation and social security

23,488

24,832

Other creditors

25,780

3,137

116,766

91,685

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

564,345

633,751

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

249,628

335,472

10.	LEASING AGREEMENTS

Lessor

At the reporting end date the company had contracted with tenants for the following minimum lease payments:

2025

2024

£

£

Within one year

120,000

120,000

Between two and five years

480,000

480,000

Greater than five years

250,000

370,000

850,000

970,000

11.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank loans

631,826

697,451

On 19 June 2020, HSBC UK Bank Ltd undertook a fixed and floating charge with a negative pledge over all the property and undertaking of the company.

12.	RELATED PARTY DISCLOSURES

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.