Registration number: 11718282

H & H Freestyle (UK) Ltd

Contents

Company Information	1
Accountants' Report	2
Profit and Loss Account and Statement of Retained Earnings	3
Balance Sheet	4
Notes to the Unaudited Financial Statements	5 to 8

H & H Freestyle (UK) Ltd

Company Information

Director

Mr Mark Adrian Harris

Registered office

52 Everest Road Rugby CV22 6EX

Accountants

Alextra Group Limited Association of Chartered Certified Accountants7-9 Macon Court Crewe Cheshire CW1 6EA

Chartered Certified Accountants' Report to the Director on the Preparation of the Unaudited Statutory Accounts of
H & H Freestyle (UK) Ltd
for the Year Ended 31 October 2024

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of H & H Freestyle (UK) Ltd for the year ended 31 October 2024 as set out on pages 3 to 8 from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal.com/gb/en/member/standards/rules-and-standards/rulebook.html.

This report is made solely to the Board of Directors of H & H Freestyle (UK) Ltd, as a body, in accordance with the terms of our engagement letter dated 19 December 2019. Our work has been undertaken solely to prepare for your approval the accounts of H & H Freestyle (UK) Ltd and state those matters that we have agreed to state to the Board of Directors of H & H Freestyle (UK) Ltd, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/gb/en/technical-activities/technical-resources-search/2009/
october/factsheet-163-audit-exempt-companies.html. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than H & H Freestyle (UK) Ltd and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that H & H Freestyle (UK) Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of H & H Freestyle (UK) Ltd. You consider that H & H Freestyle (UK) Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of H & H Freestyle (UK) Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

......................................

Alextra Group Limited
Association of Chartered Certified Accountants
7-9 Macon Court
Crewe
Cheshire
CW1 6EA

9 September 2025

H & H Freestyle (UK) Ltd

Profit and Loss Account and Statement of Retained Earnings for the Year Ended 31 October 2024

	Note	2024 £	2023 £
Turnover		230,222	157,419
Cost of sales		(183,092)	(114,749)
Gross profit		47,130	42,670
Administrative expenses		(33,745)	(28,581)
Operating profit		13,385	14,089
Interest payable and similar charges		(150)	-
		(150)	-
Profit before tax		13,235	14,089
Taxation		(3,348)	(3,055)
Profit for the financial year		9,887	11,034
Retained earnings brought forward		1,219	9,185
Dividends paid		(11,100)	(19,000)
Retained earnings carried forward		6	1,219

H & H Freestyle (UK) Ltd

(Registration number: 11718282)
Balance Sheet as at 31 October 2024

	Note	2024 £	2023 £
Fixed assets
Tangible assets	4	4,127	4,530
Current assets
Stocks	5	8,910	20,908
Debtors	6	9,959	13,000
Cash at bank and in hand		47,522	151
		66,391	34,059
Creditors: Amounts falling due within one year	7	(69,718)	(36,495)
Net current liabilities		(3,327)	(2,436)
Total assets less current liabilities		800	2,094
Provisions for liabilities		(784)	(865)
Net assets		16	1,229
Capital and reserves
Called up share capital		10	10
Retained earnings		6	1,219
Shareholders' funds		16	1,229

For the financial year ending 31 October 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 9 September 2025
 

......................................... Mr Mark Adrian Harris Director

H & H Freestyle (UK) Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2024

1	General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
52 Everest Road
Rugby
CV22 6EX
UK

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Judgements

In the application of the company's accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where revision affects only that period, or in the period of revision and future periods where the revision affects both current and future periods.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

H & H Freestyle (UK) Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2024

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when 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.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Fixtures & fittings	20% on reducing balance
Other tangible assets	10% on reducing balance

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

3	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2023 - 1).

H & H Freestyle (UK) Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2024

4	Tangible assets

	Fixtures and fittings £	Other tangible assets  £	Total £
Cost or valuation
At 1 November 2023	3,430	3,929	7,359
Additions	-	240	240
At 31 October 2024	3,430	4,169	7,599
Depreciation
At 1 November 2023	1,530	1,299	2,829
Charge for the year	380	263	643
At 31 October 2024	1,910	1,562	3,472
Carrying amount
At 31 October 2024	1,520	2,607	4,127
At 31 October 2023	1,900	2,630	4,530

5

Stocks

	2024 £	2023 £
Work in progress	3,000	16,398
Other inventories	5,910	4,510
	8,910	20,908

6

Debtors

Current	2024 £	2023 £
Trade debtors	-	13,000
Other debtors	9,959	-
	9,959	13,000

7

Creditors

Creditors: amounts falling due within one year

H & H Freestyle (UK) Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2024

	2024 £	2023 £
Due within one year
Trade creditors	29,102	10,958
Taxation and social security	37,116	22,952
Accruals and deferred income	3,500	2,500
Other creditors	-	85
	69,718	36,495

8

Dividends

Interim dividends paid

		2024 £		2023 £
Interim dividend of £1,110.00 (2023 - £1,900.00) per each Ordinary share		11,100		19,000