HCUK Group Limited - Filleted accounts

Registered number

08421647

HCUK Group Limited

Report and Accounts

31 March 2025

HCUK Group Limited
Registered number:		08421647
Balance Sheet
as at 31 March 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	4		32,084			32,110
Investments	5		11			11
			32,095			32,121

Current assets
Debtors	6	547,935			604,743
Cash at bank and in hand		193,961			295,936
		741,896			900,679

Creditors: amounts falling due within one year	7	(519,014)			(539,777)

Net current assets			222,882			360,902

Total assets less current liabilities			254,977			393,023

Creditors: amounts falling due after more than one year	8		(62,623)			(105,411)



Net assets			192,354			287,612

Capital and reserves
Called up share capital			607			602
Share premium			3,051			575
Profit and loss account			188,696			286,435

Shareholders' funds			192,354			287,612

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.




Danielle Morgan
Director
Approved by the board on 12 September 2025

HCUK Group Limited
Notes to the Accounts
for the year ended 31 March 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:

	Computer equipment		33% straight line

	Investments
	Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

	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.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees				2025		2024
Number						Number

	Average number of persons employed by the company				32		30


3	Intangible fixed assets		Goodwill		Software		Total
	Goodwill:		£	£		£

	Cost
	At 1 April 2024		1,130,000		38,775		1,168,775
	At 31 March 2025		1,130,000		38,775		1,168,775

	Amortisation
	At 1 April 2024		1,130,000		38,775		1,168,775
	At 31 March 2025		1,130,000		38,775		1,168,775

	Net book value
	At 31 March 2025		-		-		-

	Goodwill and software have been fully written off, having reached the end of their estimated economic life of 5 years.


4	Tangible fixed assets
							Computer equipment
£
	Cost
	At 1 April 2024						51,244
	Additions						17,916
	At 31 March 2025						69,160

	Depreciation
	At 1 April 2024						19,134
	Charge for the year						17,942
	At 31 March 2025						37,076

	Net book value
	At 31 March 2025						32,084
	At 31 March 2024						32,110


5	Investments
Investments in
subsidiary
undertakings
£
	Cost
	At 1 April 2024						11

	At 31 March 2025						11
	At the balance sheet date, the company owned all 11 shares in its two remaining subsidiary companies, one of which ceased trading on 31 March 2025 (details below) and the other of which remains dormant.

Capital and						Profit (loss)
	Company	Shares held			reserves	for the year
		Class	%	£		£
	Archaeology Collective Ltd	Ordinary	100		7		87,894

6	Debtors				2025		2024
£						£

	Trade debtors				498,931		522,254
	Amounts owed by group undertakings				3,072		42,464
	Other debtors				45,932		40,025
					547,935		604,743


7	Creditors: amounts falling due within one year				2025		2024
£						£

	Bank loans and overdrafts				26,839		36,838
	Trade creditors				62,923		105,647
	Taxation and social security costs				260,944		263,943
	Other creditors				168,308		133,349
					519,014		539,777


8	Creditors: amounts falling due after one year				2025		2024
£						£

	Bank loans				62,623		105,411


9	Related party transactions

	Included at note 6 above is £3,072 (2024: £42,464) owing to the company from Archaeology Collective Limited, a wholly-owned subsidiary, after write-off of £92,464 .


10	Controlling party

	The company is controlled by its directors as listed in the Directors' Report.


11	Other information

	HCUK Group Limited is a private company limited by shares and incorporated in England. Its registered office is:
	9 Goldington Road
	Bedford
	MK40 3JY