REGISTERED NUMBER: 07406740 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2024

for

H & H Relish Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs H C Woodward

Miss S M Iles

REGISTERED OFFICE:

Oakley House

Tetbury Road

Cirencester

Glos

GL7 1US

REGISTERED NUMBER:

07406740 (England and Wales)

FIXED ASSETS

Intangible assets

4

23,100

26,950

Tangible assets

5

421

1,655

23,521

28,605

CURRENT ASSETS

Stocks

6,000

6,950

Debtors

6

2,106

3,533

Cash at bank and in hand

12,898

19,165

21,004

29,648

CREDITORS

Amounts falling due within one year

7

22,611

30,988

NET CURRENT LIABILITIES

(1,607

)

(1,340

)

TOTAL ASSETS LESS CURRENT LIABILITIES

21,914

27,265

PROVISIONS FOR LIABILITIES

35

414

NET ASSETS

21,879

26,851

CAPITAL AND RESERVES

Called up share capital

200

200

Retained earnings

21,679

26,651

21,879

26,851

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 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 23 September 2025 and were signed on its behalf by:

Mrs H C Woodward - Director

Miss S M Iles - Director

1.	STATUTORY INFORMATION

H & H Relish 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.

Amortisation

Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:

Goodwill - 5% straight line

If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.

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

-

25% on straight line basis

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets.

For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.

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.

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense.

Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised as a finance cost in profit or loss in the period it arises.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 15 (2023 - 14 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 January 2024

and 31 December 2024

77,000

AMORTISATION

At 1 January 2024

50,050

Amortisation for year

3,850

At 31 December 2024

53,900

NET BOOK VALUE

At 31 December 2024

23,100

At 31 December 2023

26,950

5.	TANGIBLE FIXED ASSETS

Fixtures

and

fittings

£

COST

At 1 January 2024

13,953

Additions

374

At 31 December 2024

14,327

DEPRECIATION

At 1 January 2024

12,298

Charge for year

1,608

At 31 December 2024

13,906

NET BOOK VALUE

At 31 December 2024

421

At 31 December 2023

1,655

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

215

283

VAT

1,397

2,771

Prepayments and accrued income

494

479

2,106

3,533

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade creditors

8,123

6,712

Tax

2,318

3,939

Social security and other taxes

139

117

Other creditors

8,427

8,333

Directors' current accounts

2,322

10,717

Accruals and deferred income

1,282

1,170

22,611

30,988

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 December 2024 and 31 December 2023:

2024

2023

£

£

Mrs H C Woodward

Balance outstanding at start of year

(10,716

)

(5,295

)

Amounts advanced

10,407

8,838

Amounts repaid

(852

)

(14,259

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(1,161

)

(10,716

)

Miss S L Trull

Balance outstanding at start of year

(1

)

(5,295

)

Amounts advanced

1

14,036

Amounts repaid

-

(8,742

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

(1

)

Miss S M Iles

Balance outstanding at start of year

-

-

Amounts advanced

4,630

-

Amounts repaid

(5,791

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(1,161

)

-