REGISTERED NUMBER: 07511770 (England and Wales)

H & H Agency Ltd

Unaudited Financial Statements for the Year Ended 31st March 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs H A Bissett

Miss H L Thoresby

Mrs C Phillips

REGISTERED OFFICE:

Hesslewood Hall Business Centre

Ferriby Road

Hessle

East Yorkshire

HU13 0LH

REGISTERED NUMBER:

07511770 (England and Wales)

ACCOUNTANTS:

Smailes Goldie

Chartered Accountants

Regent's Court

Princess Street

Hull

East Yorkshire

HU2 8BA

FIXED ASSETS

Tangible assets

4

185,618

270,800

CURRENT ASSETS

Stocks

69,645

41,700

Debtors

5

915,512

664,750

Cash at bank

498,753

503,860

1,483,910

1,210,310

CREDITORS

Amounts falling due within one year

6

702,903

443,187

NET CURRENT ASSETS

781,007

767,123

TOTAL ASSETS LESS CURRENT LIABILITIES

966,625

1,037,923

CREDITORS

Amounts falling due after more than one year

7

(16,666

)

(66,667

)

PROVISIONS FOR LIABILITIES

(22,887

)

(34,452

)

NET ASSETS

927,072

936,804

CAPITAL AND RESERVES

Called up share capital

8

4

4

Retained earnings

927,068

936,800

SHAREHOLDERS' FUNDS

927,072

936,804

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 21st October 2025 and were signed on its behalf by:

Miss H L Thoresby - Director

Mrs H A Bissett - Director

1.	STATUTORY INFORMATION

H & H Agency Ltd 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.

Turnover

Turnover represents net invoiced sales of goods and services, excluding value added tax.

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

- 10% on cost, 15% on cost

Computer equipment

- 10% on cost, 20% on cost

Improvements to property

- 15% on cost , 20% on cost

Stocks

Stock comprises of work in progress. Work in progress is valued at the lower of cost and net realisable value.

Cost includes all direct expenses and an appropriate proportion of fixed and variable overheads.

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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

Research and development

Expenditure on research and development is written off in the year in which it is incurred.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 28 (2024 - 36 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1st April 2024

491,957

Additions

1,919

At 31st March 2025

493,876

DEPRECIATION

At 1st April 2024

221,157

Charge for year

87,101

At 31st March 2025

308,258

NET BOOK VALUE

At 31st March 2025

185,618

At 31st March 2024

270,800

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

537,530

419,949

Amounts owed by group undertakings

351,705

215,385

Other debtors

26,277

29,416

915,512

664,750

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

62,546

54,564

Hire purchase contracts

-

21,516

Trade creditors

38,928

65,064

Taxation and social security

199,876

164,059

Other creditors

401,553

137,984

702,903

443,187

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

16,666

66,667

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

2

Ordinary

£2

4

4

9.	FINANCIAL COMMITMENTS

The company has total operating lease commitments amounting to £3,429 (2024: £109,288). Included within the total commitment are operating lease commitments due within one year of £3,429 (2024: £33,627). A new rental lease agreement was entered into on 01 June 2025.

10.	RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

11.	ULTIMATE CONTROLLING PARTY

The company's ultimate parent company is H&H International Limited, which has the same registered office. In the opinion of the directors there is no ultimate controlling party.