Silverfin false false 31/05/2025 01/06/2024 31/05/2025 Bryan Henry Holmes 25/05/2017 Celia Jean Holmes 15 October 2025 Historically, the principal activity of the Company was that of credit card processors, however, on 1 June 2021 the Company ceased trading. 10789709 2025-05-31 10789709 bus:Director1 2025-05-31 10789709 core:CurrentFinancialInstruments 2025-05-31 10789709 core:CurrentFinancialInstruments 2024-05-31 10789709 2024-05-31 10789709 core:ShareCapital 2025-05-31 10789709 core:ShareCapital 2024-05-31 10789709 core:RetainedEarningsAccumulatedLosses 2025-05-31 10789709 core:RetainedEarningsAccumulatedLosses 2024-05-31 10789709 bus:OrdinaryShareClass1 2025-05-31 10789709 2024-06-01 2025-05-31 10789709 bus:FilletedAccounts 2024-06-01 2025-05-31 10789709 bus:SmallEntities 2024-06-01 2025-05-31 10789709 bus:AuditExemptWithAccountantsReport 2024-06-01 2025-05-31 10789709 bus:PrivateLimitedCompanyLtd 2024-06-01 2025-05-31 10789709 bus:Director1 2024-06-01 2025-05-31 10789709 bus:Director2 2024-06-01 2025-05-31 10789709 2023-06-01 2024-05-31 10789709 bus:OrdinaryShareClass1 2024-06-01 2025-05-31 10789709 bus:OrdinaryShareClass1 2023-06-01 2024-05-31 iso4217:GBP xbrli:pure xbrli:shares

Company No: 10789709 (England and Wales)

# HCRT LIMITED

### Unaudited Financial Statements
For the financial year ended 31 May 2025
Pages for filing with the registrar

HCRT LIMITED

## Unaudited Financial Statements

For the financial year ended 31 May 2025

Contents

HCRT LIMITED

## STATEMENT OF FINANCIAL POSITION

As at 31 May 2025
HCRT LIMITED

## STATEMENT OF FINANCIAL POSITION (continued)

As at 31 May 2025

| Note | 2025 |  | 2024
|  | £ |  | £
Current assets |  |  |  |
Debtors | 3 | 39,394 |  | 63,030
Cash at bank and in hand |  | 58,151 |  | 106,778
|  | 97,545 |  | 169,808
Creditors: amounts falling due within one year | 4 | ( 2,454) |  | ( 1,990)
Net current assets |  | 95,091 |  | 167,818
Total assets less current liabilities |  | 95,091 |  | 167,818
Net assets |  | 95,091 |  | 167,818
Capital and reserves |  |  |  |
Called-up share capital | 5 | 2 |  | 2
Profit and loss account |  | 95,089 |  | 167,816
Total shareholders' funds |  | 95,091 |  | 167,818

For the financial year ending 31 May 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
- The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
- These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Statement of Income and Retained Earnings has not been delivered.

The financial statements of HCRT Limited (registered number: 10789709) were approved and authorised for issue by the Board of Directors on 15 October 2025. They were signed on its behalf by:

Bryan Henry Holmes Director |

HCRT LIMITED

## NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 May 2025
HCRT LIMITED

## NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 May 2025

##### 1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

##### General information and basis of accounting

HCRT Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Salt Quay House 4 North East Quay, Sutton Harbour, Plymouth, PL4 0BN, United Kingdom.
The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.
The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

##### Going concern

In 2021 the directors made the decision that the Company would cease trading. As a result the financial statements have been prepared on a basis other than the going concern basis of preparation. The directors have included in the financial statements any provision for future costs of terminating the business, which were committed to at the balance sheet date and where appropriate the Company's assets have been written down to their net realisable value.

##### Interest income

Interest income is recognised when it is probable that the economic benefits will flow to the Company and the amount of revenue can be measured reliably. Interest income is accrued on a time basis, by reference to the principal outstanding at the effective interest rate applicable, which is the rate that exactly discounts estimated future cash receipts through the expected life of the financial asset to that asset's net carrying amount on initial recognition.

##### Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts, except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

##### Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in creditors: amounts falling due within one year.

##### Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.

##### Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.
Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

##### Ordinary share capital

The ordinary share capital of the Company is presented as equity.

##### Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

#### 2. Employees

| 2025 |  | 2024
| Number |  | Number
Monthly average number of persons employed by the Company during the year, including directors | 2 |  | 2

#### 3. Debtors

| 2025 |  | 2024
| £ |  | £
Other debtors | 39,394 |  | 63,030

#### 4. Creditors: amounts falling due within one year

| 2025 |  | 2024
| £ |  | £
Accruals | 2,454 |  | 1,990

#### 5. Called-up share capital

| 2025 |  | 2024
| £ |  | £
Allotted, called-up and fully-paid |  |  |
2 Ordinary shares of £ 1.00 each | 2 |  | 2

#### 6. Related party transactions

At the year end, the Company was owed £39,394 (2024: £63,030) by a Company controlled by the son of the Company's Shareholder Directors. This balance is included in Other debtors.