HLC Services Limited - Filleted accounts

Registered number

13855924

HLC Services Limited

Filleted Accounts

31 August 2025

HLC Services Limited
Registered number:			13855924
Balance Sheet
as at 31 August 2025

Notes		31/8/25			31/1/25
£					£
Fixed assets
Tangible assets	3			-			49,783
				-			49,783

Current assets
Debtors	4		27,569			119,001
Cash at bank and in hand			320,056			159,981
			347,625			278,982

Creditors: amounts falling due within one year	5		(22,505)			(30,506)

Net current assets				325,120			248,476

Total assets less current liabilities				325,120			298,259


Net assets				325,120			298,259

Capital and reserves
Called up share capital				100			100
Profit and loss account				325,020			298,159

Shareholders' funds				325,120			298,259

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




C Furbank
Director
Approved by the board on 12 September 2025

HLC Services Limited
Notes to the Accounts
for the period from 1 February 2025 to 31 August 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	IT Equipment			over 5 years
	Motor vehicles			20% reducing balance

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.


2	Employees					31/8/25	31/1/25
Number							Number

	Average number of persons employed by the company					2		2


3	Tangible fixed assets
				IT equipment		Motor vehicles		Total
£					£		£
	Cost
	At 1 February 2025			2,671		68,000		70,671
	Disposals			(2,671)		(68,000)		(70,671)
	At 31 August 2025			-		-		-

	Depreciation
	At 1 February 2025			942		19,946		20,888
	On disposals			(942)		(19,946)		(20,888)
	At 31 August 2025			-		-		-

	Net book value
	At 31 August 2025			-		-		-
	At 31 January 2025			1,729		48,054		49,783


	All assets were removed at market value as at 31st August 2025.


4	Debtors					31/8/25	31/1/25
£							£

	Other debtors					27,569		119,001
						27,569		119,001

	Amounts due after more than one year included above					-		-









5	Creditors: amounts falling due within one year					31/8/25	31/1/25
£							£

	Bank loans and overdrafts					-		60
	Taxation and social security costs					21,077		27,414
	Other creditors					1,428		3,032
						22,505		30,506


6	Loans to directors
	Description and conditions	B/fwd	Paid		Repaid		C/fwd
£			£		£		£
	C Furbank
	Directors loan	119,001		27,569		(119,001)		27,569

		119,001		27,569		(119,001)		27,569


7	Directors' transactions

	At the balance sheet date the director owed the company £27,569. This was paid on 12th September 2025, within 9 months of the year end.

8	Controlling party

	The ultimate controlling parties are C Furbank and L Furbank who are the directors and shareholders.


9	Other information

	HLC Services Limited is a private company limited by shares and incorporated in England. Its registered office is:
	37 The Lindens
	Loughton
	Essex
	IG10 3HS