REGISTERED NUMBER: 13832212 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 January 2025

for

HOS Buy & Trade Ltd

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTOR:

K Ho

REGISTERED OFFICE:

Datum House

Electra Way

Crewe

Cheshire

CW1 6ZF

REGISTERED NUMBER:

13832212 (England and Wales)

FIXED ASSETS

Tangible assets

4

13,535

20,133

CURRENT ASSETS

Stocks

98,406

129,950

Debtors

5

69,150

16,781

Cash at bank

3,617

7,365

171,173

154,096

CREDITORS

Amounts falling due within one year

6

(125,142

)

(152,463

)

NET CURRENT ASSETS

46,031

1,633

TOTAL ASSETS LESS CURRENT LIABILITIES

59,566

21,766

CREDITORS

Amounts falling due after more than one year

7

(140,000

)

(140,000

)

PROVISIONS FOR LIABILITIES

8

-

(4,854

)

NET LIABILITIES

(80,434

)

(123,088

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(80,534

)

(123,188

)

(80,434

)

(123,088

)

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

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

The financial statements were approved by the director and authorised for issue on 30 October 2025 and were signed by:

K Ho - Director

1.	STATUTORY INFORMATION

HOS Buy & Trade Ltd ('The Company') is primarily engaged in retail of second hand goods.

The company is a private company limited by shares and is incorporated in England and Wales. The address of the principal place of business is Yew Tree Cottage, London Road, Nantwich Cheshire CW5 7JU and the registered office is Datum House, Electra Way, Crewe, Cheshire, CW1 6ZF. The registered number can be found on the Company Information page.

The functional and presentational currency of the financial statements is the Pound Sterling (£). Monetary amounts in these financial statements are rounded to the nearest £.

2.	ACCOUNTING POLICIES

Summary of significant accounting policies

The principle accounting policies applied in the preparation of these financial statements are set out below.

These policies have been consistently applied to all years presented, unless otherwise stated.

Basis of preparation

The financial statements are prepared on the going concern basis under the historical cost convention and comply with the United Kingdom Accounting Standards and Companies Act 2006.

Going concern

The company's balance sheet shows net liabilities of £100,085 at the year end. Included in the company's creditors is an amount due to the director of £120,739, due within one year and £140,000 after more than one year. The director has confirmed that they will continue to provide financial support to the company for the foreseeable future.

On this basis the director considers it appropriate to prepare the financial statements on the going concern basis.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax.

Income is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

Straight line over 3 years

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value).

Financial instruments

The following assets and liabilities are classified as financial instruments - trade debtors, trade creditors, bank loans and directors' current accounts and loans.

Bank loans and directors loans are initially measured at the present value of future payments, discounted at a market rate of interest and subsequently at amortised cost using the effective interest method.

Directors current balances (being those repayable on demand), trade debtors, other debtors and creditors are measured at the undiscounted amount of the cash or other consideration expected to be paid or received.

Financial assets that are measured at amortised cost are assessed at the end of each reporting period for objective evidence of impairment.If objective evidence of impairment is found, an impairment loss is recognised in the Statement of Comprehensive Income.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Comprehensive Income, 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 period end.

Deferred tax

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

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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 February 2024

1,666

-

32,588

1,657

35,911

Additions

589

595

-

-

1,184

Disposals

-

-

(4,832

)

-

(4,832

)

At 31 January 2025

2,255

595

27,756

1,657

32,263

DEPRECIATION

At 1 February 2024

417

-

14,257

1,104

15,778

Charge for year

459

149

3,903

553

5,064

Eliminated on disposal

-

-

(2,114

)

-

(2,114

)

At 31 January 2025

876

149

16,046

1,657

18,728

NET BOOK VALUE

At 31 January 2025

1,379

446

11,710

-

13,535

At 31 January 2024

1,249

-

18,331

553

20,133

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

52,070

15,500

Other debtors

17,080

1,281

69,150

16,781

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

3,580

-

Taxation and social security

52

3,881

Other creditors

121,510

148,582

125,142

152,463

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Other creditors

140,000

140,000

8.	PROVISIONS FOR LIABILITIES

2024

£

Deferred tax

4,854

Deferred

tax

£

Balance at 1 February 2024

4,854

Provided during year

(21,934

)

Charge to Statement of

Comprehensive Income

Balance at 31 January 2025

(17,080

)