Company registration number 8432519 (England and Wales)
HCC FOODS LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025
PAGES FOR FILING WITH REGISTRAR
HCC FOODS LIMITED
CONTENTS
Page
Balance sheet
1 - 2
Notes to the financial statements
3 - 6
HCC FOODS LIMITED
BALANCE SHEET
AS AT
31 JANUARY 2025
31 January 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
3
1,913
2,551
Current assets
Stocks
88,751
176,101
Debtors
4
955,646
1,114,543
Cash at bank and in hand
61,361
41,454
1,105,758
1,332,098
Creditors: amounts falling due within one year
5
(1,000,745)
(1,221,919)
Net current assets
105,013
110,179
Total assets less current liabilities
106,926
112,730
Creditors: amounts falling due after more than one year
6
(5,000)
(15,751)
Provisions for liabilities
(159)
(638)
Net assets
101,767
96,341
Capital and reserves
Called up share capital
7
1
1
Profit and loss reserves
101,766
96,340
Total equity
101,767
96,341
HCC FOODS LIMITED
BALANCE SHEET (CONTINUED)
AS AT
31 JANUARY 2025
31 January 2025
- 2 -

For the financial year ended 31 January 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

T he member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved and signed by the director and authorised for issue on 3 November 2025
Mr D Fisher
Director
Company registration number 8432519 (England and Wales)
HCC FOODS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025
- 3 -
1
Accounting policies
Company information

HCC Foods Limited is a private company limited by shares incorporated in England and Wales. The registered office is Suites C,D,E, & F, 14th Floor The Plaza, 100 Old Hall Street, Liverpool, L3 9QJ.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention, [modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value]. The principal accounting policies adopted are set out below.

1.2
Turnover

Revenue comprises sales of goods or services provided to customers net of value added tax and other sales taxes, less an appropriate deduction for actual and expected returns and discounts. Revenue is recognised when performance obligations are satisfied and the control of goods or services is transferred to the buyer. Where the performance obligation is satisfied over time, revenue is recognised in accordance with its progress towards complete satisfaction of that performance obligation.

When cash inflows are deferred and represent a financing arrangement, the promised consideration is adjusted for the effects of the time value of money, which is recognised as interest income.

1.3
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Fixtures and fittings
25% reducing balance

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.4
Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition.

Stocks held for distribution at no or nominal consideration are measured at the lower of cost and replacement cost, adjusted where applicable for any loss of service potential.

At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.

HCC FOODS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JANUARY 2025
1
Accounting policies
(Continued)
- 4 -
1.5
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

The carrying amount of deferred tax assets is reviewed at each reporting end date and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.

1.6
Employee benefits

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
3
3
HCC FOODS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JANUARY 2025
- 5 -
3
Tangible fixed assets
Fixtures and fittings
£
Cost
At 1 February 2024 and 31 January 2025
16,007
Depreciation and impairment
At 1 February 2024
13,456
Depreciation charged in the year
638
At 31 January 2025
14,094
Carrying amount
At 31 January 2025
1,913
At 31 January 2024
2,551
4
Debtors
2025
2024
Amounts falling due within one year:
£
£
Trade debtors
889,097
1,059,031
Other debtors
66,549
55,512
955,646
1,114,543
5
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans
10,000
9,249
Trade creditors
961,859
1,181,297
Corporation tax
25,547
28,436
Other taxation and social security
1,123
1,023
Other creditors
2,216
1,914
1,000,745
1,221,919
6
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans and overdrafts
5,000
15,751
HCC FOODS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JANUARY 2025
- 6 -
7
Called up share capital
2025
2024
2025
2024
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary shares of £1 each
1
1
1
1
2025-01-31 2024-02-01 false false false 03 November 2025 CCH Software CCH Accounts Production 2025.200 No description of principal activity Mr D Fisher 8432519 2024-02-01 2025-01-31 8432519 2025-01-31 8432519 2024-01-31 8432519 core:FurnitureFittings 2025-01-31 8432519 core:FurnitureFittings 2024-01-31 8432519 core:CurrentFinancialInstruments core:WithinOneYear 2025-01-31 8432519 core:CurrentFinancialInstruments core:WithinOneYear 2024-01-31 8432519 core:ShareCapital 2025-01-31 8432519 core:ShareCapital 2024-01-31 8432519 core:RetainedEarningsAccumulatedLosses 2025-01-31 8432519 core:RetainedEarningsAccumulatedLosses 2024-01-31 8432519 core:ShareCapitalOrdinaryShareClass1 2025-01-31 8432519 core:ShareCapitalOrdinaryShareClass1 2024-01-31 8432519 bus:Director1 2024-02-01 2025-01-31 8432519 core:FurnitureFittings 2024-02-01 2025-01-31 8432519 2023-02-01 2024-01-31 8432519 core:FurnitureFittings 2024-01-31 8432519 core:CurrentFinancialInstruments 2025-01-31 8432519 core:CurrentFinancialInstruments 2024-01-31 8432519 core:WithinOneYear 2025-01-31 8432519 core:WithinOneYear 2024-01-31 8432519 core:Non-currentFinancialInstruments 2025-01-31 8432519 core:Non-currentFinancialInstruments 2024-01-31 8432519 bus:OrdinaryShareClass1 2024-02-01 2025-01-31 8432519 bus:OrdinaryShareClass1 2025-01-31 8432519 bus:OrdinaryShareClass1 2024-01-31 8432519 bus:PrivateLimitedCompanyLtd 2024-02-01 2025-01-31 8432519 bus:SmallCompaniesRegimeForAccounts 2024-02-01 2025-01-31 8432519 bus:FRS102 2024-02-01 2025-01-31 8432519 bus:AuditExemptWithAccountantsReport 2024-02-01 2025-01-31 8432519 bus:FullAccounts 2024-02-01 2025-01-31 xbrli:pure xbrli:shares iso4217:GBP