IRIS Accounts Production v25.3.0.601 04745324 director 1.4.24 31.3.25 31.3.25 false true false false false true false Ordinary 1.00000 iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 04745324 2024-03-31 04745324 2025-03-31 04745324 2024-04-01 2025-03-31 04745324 2023-03-31 04745324 2023-04-01 2024-03-31 04745324 2024-03-31 04745324 ns15:EnglandWales 2024-04-01 2025-03-31 04745324 ns14:PoundSterling 2024-04-01 2025-03-31 04745324 ns10:Director1 2024-04-01 2025-03-31 04745324 ns10:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 04745324 ns10:SmallEntities 2024-04-01 2025-03-31 04745324 ns10:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 04745324 ns10:SmallCompaniesRegimeForDirectorsReport 2024-04-01 2025-03-31 04745324 ns10:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 04745324 ns10:FullAccounts 2024-04-01 2025-03-31 04745324 1 2024-04-01 2025-03-31 04745324 ns10:OrdinaryShareClass1 2024-04-01 2025-03-31 04745324 ns10:RegisteredOffice 2024-04-01 2025-03-31 04745324 ns5:CurrentFinancialInstruments 2025-03-31 04745324 ns5:CurrentFinancialInstruments 2024-03-31 04745324 ns5:ShareCapital 2025-03-31 04745324 ns5:ShareCapital 2024-03-31 04745324 ns5:RevaluationReserve 2025-03-31 04745324 ns5:RevaluationReserve 2024-03-31 04745324 ns5:RetainedEarningsAccumulatedLosses 2025-03-31 04745324 ns5:RetainedEarningsAccumulatedLosses 2024-03-31 04745324 ns5:IntangibleAssetsOtherThanGoodwill 2024-04-01 2025-03-31 04745324 ns5:FurnitureFittings 2024-04-01 2025-03-31 04745324 ns5:NetGoodwill 2024-03-31 04745324 ns5:NetGoodwill 2025-03-31 04745324 ns5:NetGoodwill 2024-03-31 04745324 ns5:FurnitureFittings 2024-03-31 04745324 ns5:FurnitureFittings 2025-03-31 04745324 ns5:FurnitureFittings 2024-03-31 04745324 ns5:CostValuation ns5:ListedExchangeTraded 2024-03-31 04745324 ns5:RevaluationsIncreaseDecreaseInInvestments ns5:ListedExchangeTraded 2025-03-31 04745324 ns5:CostValuation ns5:ListedExchangeTraded 2025-03-31 04745324 ns5:ListedExchangeTraded 2025-03-31 04745324 ns5:ListedExchangeTraded 2024-03-31 04745324 ns5:DeferredTaxation 2024-03-31 04745324 ns5:DeferredTaxation 2024-04-01 2025-03-31 04745324 ns5:DeferredTaxation 2025-03-31 04745324 ns10:OrdinaryShareClass1 2025-03-31

REGISTERED NUMBER: 04745324 (England and Wales)

| UNAUDITED FINANCIAL STATEMENTS |

| FOR THE YEAR ENDED 31 MARCH 2025 |

| FOR |

| HL FINANCIAL SERVICES LIMITED |

HL FINANCIAL SERVICES LIMITED (REGISTERED NUMBER: 04745324)

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

Page |

Company Information | 1 |

Statement of Financial Position | 2 |

Notes to the Financial Statements | 4 |

HL FINANCIAL SERVICES LIMITED

COMPANY INFORMATION

FOR THE YEAR ENDED 31 MARCH 2025

| DIRECTOR: | Mr N T Bungay

| REGISTERED OFFICE: | Unit 2.02

| High Weald House

| Glovers End

| Bexhill

| East Sussex

| TN39 5ES

| REGISTERED NUMBER: | 04745324 (England and Wales)

| ACCOUNTANTS: | Acuity Professional Partnership LLP

| Unit 2.02 High Weald House

| Glovers End

| Bexhill

| East Sussex

| TN39 5ES

HL FINANCIAL SERVICES LIMITED (REGISTERED NUMBER: 04745324)

STATEMENT OF FINANCIAL POSITION

31 MARCH 2025

| 2025 | 2024 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Intangible assets | 4 | - |  | - |  |

Tangible assets | 5 | 1,028 |  | 717 |  |

Investments | 6 | 135,324 |  | 128,950 |  |

136,352 |  | 129,667 |  |

CURRENT ASSETS

Cash at bank | 513,805 |  | 441,801 |  |

CREDITORS

Amounts falling due within one year | 7 | 34,988 |  | 23,196 |  |

NET CURRENT ASSETS | 478,817 |  | 418,605 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 615,169 |  | 548,272 |  |

PROVISIONS FOR LIABILITIES | 8 | 9,088 |  | 7,417 |  |

NET ASSETS | 606,081 |  | 540,855 |  |

CAPITAL AND RESERVES

Called up share capital | 9 | 100 |  | 100 |  |

Special reserve | 10 | 26,493 |  | 21,713 |  |

Retained earnings | 579,488 |  | 519,042 |  |

SHAREHOLDERS' FUNDS | 606,081 |  | 540,855 |  |

HL FINANCIAL SERVICES LIMITED (REGISTERED NUMBER: 04745324)

STATEMENT OF FINANCIAL POSITION - continued

31 MARCH 2025

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 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 7 May 2025 and were signed by:

Mr N T Bungay - Director

HL FINANCIAL SERVICES LIMITED (REGISTERED NUMBER: 04745324)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

1. | STATUTORY INFORMATION

| HL Financial Services 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 as modified by the revaluation of certain assets.

| TURNOVER

| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

| 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.

| 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 reducing balance

| 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 statement of financial position date.

| DEFERRED TAX

| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 2 (2024 - 2 ) .

HL FINANCIAL SERVICES LIMITED (REGISTERED NUMBER: 04745324)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MARCH 2025

4. | INTANGIBLE FIXED ASSETS

| Goodwill

£ |

| Cost

| At 1 April 2024

| and 31 March 2025 | 45,160 |  |

| Amortisation

| At 1 April 2024

| and 31 March 2025 | 45,160 |  |

| Net book value

| At 31 March 2025 | - |  |

| At 31 March 2024 | - |  |

5. | TANGIBLE FIXED ASSETS

| Fixtures

| and

| fittings

£ |

| Cost

| At 1 April 2024 | 8,508 |  |

| Additions | 568 |  |

| At 31 March 2025 | 9,076 |  |

| Depreciation

| At 1 April 2024 | 7,791 |  |

| Charge for year | 257 |  |

| At 31 March 2025 | 8,048 |  |

| Net book value

| At 31 March 2025 | 1,028 |  |

| At 31 March 2024 | 717 |  |

6. | FIXED ASSET INVESTMENTS

| Listed

| investments

£ |

| Cost or valuation

| At 1 April 2024 | 128,950 |  |

| Revaluations | 6,374 |  |

| At 31 March 2025 | 135,324 |  |

| Net book value

| At 31 March 2025 | 135,324 |  |

| At 31 March 2024 | 128,950 |  |

HL FINANCIAL SERVICES LIMITED (REGISTERED NUMBER: 04745324)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MARCH 2025

6. | FIXED ASSET INVESTMENTS - continued

| Cost or valuation at 31 March 2025 is represented by:

| Listed

| investments

£ |

| Valuation in 2021 | 12,056 |  |

| Valuation in 2022 | 13,179 |  |

| Valuation in 2023 | 3,275 |  |

| Valuation in 2024 | 440 |  |

| Valuation in 2025 | 6,374 |  |

| Cost | 100,000 |  |

135,324 |  |

7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Taxation and social security | 19,850 |  | 11,347 |  |

| Other creditors | 15,138 |  | 11,849 |  |

34,988 |  | 23,196 |  |

8. | PROVISIONS FOR LIABILITIES

2025 | 2024 |

£ | £ |

| Deferred tax | 9,088 |  | 7,417 |  |

| Deferred |

| tax |

£ |

| Balance at 1 April 2024 | 7,417 |  |

| Provided during year | 1,671 |  |

| Balance at 31 March 2025 | 9,088 |  |

9. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 2025 | 2024 |

| value: | £ | £ |

| 100 | Ordinary | £1 | 100 |  | 100 |  |

HL FINANCIAL SERVICES LIMITED (REGISTERED NUMBER: 04745324)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MARCH 2025

10. | RESERVES

| Special reserve

| The special reserves comprise the balance of fair values relating to the listed investments net of deferred tax on the gain. This reserve is non-distributable.

| Profit and loss account

| The profit and loss account comprise the balance of profits accumulated over the life of the company. This reserve is distributable.