REGISTERED NUMBER: 14768270 (England and Wales)

Happy Trails Play Ltd

Unaudited Financial Statements

for the Year Ended 31 March 2025

Page

Company Information

1

Balance Sheet

2

to

3

Notes to the Financial Statements

4

to

5

DIRECTORS:

G S Bhurji

R S Bhurji

P K Brar

REGISTERED OFFICE:

Unit 8a Wingbury Courtyard

Business Village

Wingrave

Aylesbury

Buckinghamshire

HP22 4LW

REGISTERED NUMBER:

14768270 (England and Wales)

ACCOUNTANTS:

Clarkson Cleaver & Bowes Ltd

8a Wingbury Courtyard

Business Village

Wingrave

Buckinghamshire

HP22 4LW

FIXED ASSETS

Tangible assets

4

157,726

214,170

CURRENT ASSETS

Debtors

5

38,752

38,785

Cash at bank

245,680

30,348

284,432

69,133

CREDITORS

Amounts falling due within one year

6

521,442

506,365

NET CURRENT LIABILITIES

(237,010

)

(437,232

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(79,284

)

(223,062

)

CAPITAL AND RESERVES

Called up share capital

99

99

Retained earnings

(79,383

)

(223,161

)

(79,284

)

(223,062

)

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 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 3 November 2025 and were signed on its behalf by:

G S Bhurji - Director

R S Bhurji - Director

1.	STATUTORY INFORMATION

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

Tangible fixed assets

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

Short leasehold improvements

-

20% straight line

Fixtures and fittings

-

33.33% straight line

Computer equipment

-

33.33% straight line

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement.

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 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 and that are expected to apply to the reversal of the timing difference.

Current or deferred taxation liabilities are not discounted.

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 30 (2024 - 19 ) .

4.	TANGIBLE FIXED ASSETS

Short

Fixtures

leasehold

and

Computer

improvements

fittings

equipment

Totals

£

£

£

£

COST

At 1 April 2024

213,814

44,443

6,184

264,441

Additions

-

2,935

1,356

4,291

At 31 March 2025

213,814

47,378

7,540

268,732

DEPRECIATION

At 1 April 2024

42,763

6,428

1,080

50,271

Charge for year

42,762

15,554

2,419

60,735

At 31 March 2025

85,525

21,982

3,499

111,006

NET BOOK VALUE

At 31 March 2025

128,289

25,396

4,041

157,726

At 31 March 2024

171,051

38,015

5,104

214,170

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

38,752

38,785

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

896

227

Taxation and social security

43,467

6,692

Other creditors

477,079

499,446

521,442

506,365