Handycross Opco Limited

	Page
Balance Sheet	1
Notes to the Financial Statements	2—4

Registered number: 12558106

		2024		2023
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		3,893		3,410

			3,893		3,410
CURRENT ASSETS
Stocks	5	22,922		17,303
Debtors	6	4,550,407		3,397,777
Cash at bank and in hand		73,994		36,934

		4,647,323		3,452,014
Creditors: Amounts Falling Due Within One Year	7	(909,969 )		(771,623 )

NET CURRENT ASSETS (LIABILITIES)			3,737,354		2,680,391

TOTAL ASSETS LESS CURRENT LIABILITIES			3,741,247		2,683,801

NET ASSETS			3,741,247		2,683,801

CAPITAL AND RESERVES
Called up share capital	8		1		1
Profit and Loss Account			3,741,246		2,683,800

SHAREHOLDERS' FUNDS			3,741,247		2,683,801

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr H L Jaffer

Director

29 September 2025

The notes on pages 2 to 4 form part of these financial statements.

1. General Information

Handycross Opco Limited is a private company, limited by shares, incorporated in England & Wales, registered number 12558106 . The registered office is 3 Russell House, 4- 6 Doctors Lane, Henley-In-Arden, Warwickshire, B95 5AW.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. 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 is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	over 10 years
Fixtures & Fittings	over 10 years

2.4. Stocks and Work in Progress

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 stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 36 (2023: 34)

4. Tangible Assets

	Plant & Machinery	Fixtures & Fittings	Total
	£	£	£
Cost
As at 1 January 2024	41	4,717	4,758
Additions	983	41	1,024
Disposals	(41 )	-	(41 )

As at 31 December 2024	983	4,758	5,741

Depreciation
As at 1 January 2024	-	1,348	1,348
Provided during the period	25	475	500

As at 31 December 2024	25	1,823	1,848

...CONTINUED

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Handycross Opco Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

Net Book Value
As at 31 December 2024	958	2,935	3,893

As at 1 January 2024	41	3,369	3,410

5. Stocks

	2024	2023
	£	£
Finished goods	22,922	17,303

6. Debtors

	2024	2023
	£	£
Due within one year
Trade debtors	32,492	20,491
Amounts owed by group undertakings	4,399,723	3,288,369
Other debtors	118,192	88,917

	4,550,407	3,397,777

7. Creditors: Amounts Falling Due Within One Year

	2024	2023
	£	£
Trade creditors	443,073	442,445
Amounts owed to group undertakings	-	90,000
Other creditors	298,871	103,360
Taxation and social security	168,025	135,818

	909,969	771,623

8. Share Capital

	2024	2023
	£	£
Allotted, Called up and fully paid	1	1

9. Related Party Transactions

During the year the company made purchases of £110,503 (YE 31.12.2023: £91,724) from Legacy Hotels and Resorts Limited, a company with common directors. At the year end £45,448 (YE 31.12.2023: £23,176) was owed to that company.

At the year end, the company is owed £120,000 (YE 31.12.2023: £120,000) by Trade Bond Limited, a company with common directors.

At the year end, Handy Cross Dev Co Limited, the parent company, owed £4,277,223 (YE 31.12.2023: £3,108,360) to the company.

At the year end, the company owed a total of £30,000 (YE 31.12.2023: £90,000) to Castle Green Kendal Limited Limited, a company with common directors.

10. FRC's Ethical Standard - Provision Available for Small Entities

In common with other businesses of our size and nature we use our auditors to prepare and submit returns to the tax authorities and assist with the preparation of the financial statements.

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Handycross Opco Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

11. Audit Information

The auditor's report on the accounts of Handycross Opco Limited for the year ended 31 December 2024 was unqualified.

The auditor's report was signed by F Meghani (Senior Statutory Auditor) for and on behalf of Fairman Harris , Statutory Auditor.

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