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REGISTERED NUMBER: 05384347 (England and Wales)















Financial Statements for the Year Ended 31 March 2025

for

HMG Enterprises Limited
HMG Enterprises Limited (Registered number: 05384347)






Contents of the Financial Statements
for the Year Ended 31 March 2025




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


HMG Enterprises Limited

Company Information
for the Year Ended 31 March 2025







DIRECTORS: Mr H Kumar
Mr M Neale



SECRETARY: Mr H Kumar



REGISTERED OFFICE: 20 The Cross
Worcester
Worcestershire
WR1 3PZ



REGISTERED NUMBER: 05384347 (England and Wales)



BANKERS: Natwest Bank Plc
Queen Square
Wolverhampton
WV1 1TR
Page 1
HMG Enterprises Limited (Registered number: 05384347)

Abridged Balance Sheet
31 March 2025

31.3.25 31.3.24
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 30,973 13,374
30,973 13,374

CURRENT ASSETS
Stocks 15,364 16,175
Debtors 21,768 9,839
Cash at bank and in hand 145,188 90,983
182,320 116,997
CREDITORS
Amounts falling due within one year 159,035 86,453
NET CURRENT ASSETS 23,285 30,544
TOTAL ASSETS LESS CURRENT
LIABILITIES
54,258
43,918

PROVISIONS FOR LIABILITIES 1,705 -
NET ASSETS 52,553 43,918

CAPITAL AND RESERVES
Called up share capital 7 1,000 1,000
Retained earnings 51,553 42,918
SHAREHOLDERS' FUNDS 52,553 43,918

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 notes form part of these financial statements

Page 2 continued...
HMG Enterprises Limited (Registered number: 05384347)

Abridged Balance Sheet - continued
31 March 2025


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 March 2025 in accordance with Section 444(2A) of the Companies Act 2006.

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 9 October 2025 and were signed on its behalf by:




Mr H Kumar - Director



Mr M Neale - Director


The notes form part of these financial statements

Page 3
HMG Enterprises Limited (Registered number: 05384347)

Notes to the Financial Statements
for the Year Ended 31 March 2025

1. STATUTORY INFORMATION

HMG Enterprises 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

The financial statements have been prepared on a going concern basis.

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

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2006, is being amortised evenly over its estimated useful life of ten years.

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.
Long leasehold - 10% on cost and Straight line over 15 years
Improvements to property - Straight line over 6 years
Plant and machinery - 25% on cost and 12.5% on cost
Fixtures and fittings - 25% on cost
Computer equipment - 33% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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 39 (2024 - 34 ) .

Page 4 continued...
HMG Enterprises Limited (Registered number: 05384347)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

4. INTANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 April 2024
and 31 March 2025 50,000
AMORTISATION
At 1 April 2024
and 31 March 2025 50,000
NET BOOK VALUE

At 31 March 2025 -
At 31 March 2024 -

5. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 April 2024 461,751
Additions 28,132
At 31 March 2025 489,883
DEPRECIATION
At 1 April 2024 448,377
Charge for year 10,533
At 31 March 2025 458,910
NET BOOK VALUE
At 31 March 2025 30,973
At 31 March 2024 13,374

6. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
31.3.25 31.3.24
£    £   
Within one year 63,500 42,292
Between one and five years 254,000 84,000
In more than five years 359,000 63,000
676,500 189,292

In April 2025, the company signed a new lease for one of the trading premises, with the landlords being the directors' pension schemes.

Page 5 continued...
HMG Enterprises Limited (Registered number: 05384347)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.25 31.3.24
value: £    £   
1,000 Ordinary £1 1,000 1,000

8. 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.

9. ULTIMATE CONTROLLING PARTY

The controlling party is HMG Capital Holdings Limited..

The ultimate controlling party is Messrs H Kumar and M Neale..

Page 6