REGISTERED NUMBER: 02457276 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

H.S.C.G. LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

M L Nelson

P W Nelson

W F Nelson

T P Nelson

A P Nelson

SECRETARY:

M L Nelson

REGISTERED OFFICE:

Magma House

16 Davy Court

Castle Mound Way

Rugby

Warwickshire

CV23 0UZ

REGISTERED NUMBER:

02457276 (England and Wales)

ACCOUNTANTS:

Magma Audit LLP

16 Davy Court

Castle Mound Way

Rugby, CV23 0UZ

Magma Audit LLP is part

Of the Dains Group

FIXED ASSETS

Tangible assets

4

383

843

Investments

5

425,000

464,000

Investment property

6

1,750,000

1,750,000

2,175,383

2,214,843

CURRENT ASSETS

Debtors

7

495,148

529,906

Cash at bank

220,855

175,307

716,003

705,213

CREDITORS

Amounts falling due within one year

8

(775,018

)

(818,999

)

NET CURRENT LIABILITIES

(59,015

)

(113,786

)

TOTAL ASSETS LESS CURRENT LIABILITIES

2,116,368

2,101,057

CREDITORS

Amounts falling due after more than one year

9

(975,000

)

(975,000

)

NET ASSETS

1,141,368

1,126,057

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

1,141,366

1,126,055

SHAREHOLDERS' FUNDS

1,141,368

1,126,057

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 7 October 2025 and were signed on its behalf by:

P W Nelson - Director

1.	STATUTORY INFORMATION

H.S.C.G. Limited is a limited company, limited by shares and registered in England and Wales. The company's registered number is 02457276 and the registered office address is Magma House 16 Davy Court, Castle Mound Way, Rugby, England, CV23 0UZ

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 as modified by the revaluation of certain assets.

The presentation currency of the financial statements is Pound Sterling (£) and the figures are rounded to the nearest £1.

Going concern

At the period end, the company had net current liabilities of £59,015 (2024: £113,786) and net assets of £1,141,368 (2024: £1,126,057). The directors have considered this and they have confirmed that they will continue to support the company for at least the next twelve months and will not demand repayment of the directors' loan account balances until sufficient funds are available.

Turnover

Turnover is derived from management consultancy activities and is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:

- the amount of revenue can be measured reliably;

- it is probable that the Company will receive the consideration due under the contract;

- the stage of completion of the contract at the end of the reporting period can be measured reliably; and

- the costs incurred and the costs to complete the contract can be measured reliably.

Tangible fixed assets

Tangible fixed assets are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using either a straight line or reducing balance method, as indicated below.

Depreciation is provided on the following basis:

Fixtures and fittings

-

33% straight line

Computer equipment

-

33% straight line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Financial instruments

(i) Financial assets

Basic financial assets, including trade and other debtors, cash and bank balances are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Such assets are subsequently carried at amortised cost using the effective interest rate method.

(ii) Financial liabilities

Basic financial liabilities, including trade and other creditors are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Taxation

The tax expense for the year comprises current and deferred tax.

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the Balance Sheet date, except that:

- The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and

- Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Both current and deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

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 5 (2024 - 5 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 April 2024

and 31 March 2025

6,421

9,439

15,860

DEPRECIATION

At 1 April 2024

6,421

8,596

15,017

Charge for year

-

460

460

At 31 March 2025

6,421

9,056

15,477

NET BOOK VALUE

At 31 March 2025

-

383

383

At 31 March 2024

-

843

843

5.	FIXED ASSET INVESTMENTS

Interest

in other

participating

Other

interests

investments

Totals

£

£

£

COST OR VALUATION

At 1 April 2024

64,000

400,000

464,000

Disposals

(64,000

)

-

(64,000

)

Revaluations

-

25,000

25,000

At 31 March 2025

-

425,000

425,000

NET BOOK VALUE

At 31 March 2025

-

425,000

425,000

At 31 March 2024

64,000

400,000

464,000

Cost or valuation at 31 March 2025 is represented by:

Other

investments

£

Cost

425,000

6.	INVESTMENT PROPERTY

Total

£

COST OR VALUATION

At 1 April 2024

and 31 March 2025

1,750,000

NET BOOK VALUE

At 31 March 2025

1,750,000

At 31 March 2024

1,750,000

Cost or valuation at 31 March 2025 is represented by:

£

Cost

1,750,000

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

11,710

41,640

Other debtors

479,609

481,686

Prepayments and accrued income

3,829

6,580

495,148

529,906

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

2,347

7,087

VAT

6,486

5,391

Directors' current accounts

732,721

773,621

Accruals and deferred income

33,464

32,900

775,018

818,999

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans more 5 yrs non-inst

975,000

975,000

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Bank loans more 5 yrs non-inst

975,000

975,000

10.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2025

2024

£

£

Within one year

19,352

824

Between one and five years

26,866

1,441

46,218

2,265

11.	RELATED PARTY DISCLOSURES

At the year end, the company was owed £479,608 (2024: £479,608) by a company with common directorships. This balance is currently within other debtors.