REGISTERED NUMBER: 03061516 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2024

FOR

HBR (NORTH) LIMITED

TRADING AS

HOUGHTONS OF YORK

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

R Silk

SECRETARY:

Mrs S Silk

REGISTERED OFFICE:

Common Road

Dunnington

York

North Yorkshire

YO19 5PD

REGISTERED NUMBER:

03061516 (England and Wales)

ACCOUNTANTS:

CGA

Chartered Certified Accountants

3 & 4 Park Court

Riccall Road

Escrick

York

North Yorkshire

YO19 6ED

FIXED ASSETS

Tangible assets

4

122,199

104,600

CURRENT ASSETS

Stocks

44,495

60,643

Debtors

5

39,630

118,880

Cash at bank and in hand

351,300

295,384

435,425

474,907

CREDITORS

Amounts falling due within one year

6

159,966

186,499

NET CURRENT ASSETS

275,459

288,408

TOTAL ASSETS LESS CURRENT LIABILITIES

397,658

393,008

PROVISIONS FOR LIABILITIES

8,509

4,494

NET ASSETS

389,149

388,514

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Undistributable reserves

13,706

14,306

Retained earnings

374,443

373,208

389,149

388,514

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

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

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 17th September 2025 and were signed by:

R Silk - Director

1.	STATUTORY INFORMATION

Hbr (North) 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.

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for services rendered stated net of discounts and of Value Added Tax.

Income is recognised when the services have been delivered to customers such that the risks and rewards of ownership have transferred to them.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Land and buildings

-

in accordance with the property

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

25% on cost

Motor vehicles

-

25% on reducing balance

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 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.

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 20 (2023 - 20 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Land and

Plant and

and

Motor

buildings

machinery

fittings

vehicles

Totals

£

£

£

£

£

COST

At 1st January 2024

138,606

145,063

11,891

86,518

382,078

Additions

-

7,506

8,142

21,476

37,124

At 31st December 2024

138,606

152,569

20,033

107,994

419,202

DEPRECIATION

At 1st January 2024

62,988

116,381

11,591

86,518

277,478

Charge for year

2,772

9,047

2,336

5,370

19,525

At 31st December 2024

65,760

125,428

13,927

91,888

297,003

NET BOOK VALUE

At 31st December 2024

72,846

27,141

6,106

16,106

122,199

At 31st December 2023

75,618

28,682

300

-

104,600

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

10,427

97,901

Other debtors

29,203

20,979

39,630

118,880

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Bank loans and overdrafts

-

3,508

Trade creditors

43,591

31,888

Taxation and social security

30,353

57,084

Other creditors

86,022

94,019

159,966

186,499

7.	SECURED DEBTS

The following secured debts are included within creditors:

2024

2023

£

£

Bank overdraft

-

3,508

National Westiminster Bank Plc hold Fixed and floating charges over the undertaking and all property and assets present and future, including goodwill, bookdebts, uncalled capital, buildings, fixtures, fixed plant and machinery.

Charge created 07/05/2003

Charge registered 12/03/2003

National Westiminster Bank Plc hold a legal charge on Land and buildings on the north west side of common road Dunnington york title no. NYK279069 by way of fixed charge the benefit of all covenants and rights concerning the property and plant machinery, Fixtures, fittings, furniture, equipment, implements and utensils and the goodwill of any business carried on at the property and the proceeds of any insurance affecting the property or assets

Charge created 19/06/2003

Charge registered 25/06/2003

8.	RELATED PARTY DISCLOSURES

At the balance sheet date, the company owed £69,121 (2024 - £89,027) to members of key management personnel. No interest has been charged to the company in respect of this loan which is repayable on demand and is presented within creditors due within one year.