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Registration number: 04524983

Hythe House Support Limited
Unaudited Filleted Financial Statements
for the Year Ended 28 February 2025

Hythe House Support Limited

Contents

Company Information | 1
Balance Sheet | 2
Notes to the Unaudited Financial Statements | 3 to 11

Hythe House Support Limited

Company Information

Directors | M D Duffy D J Duffy G E Duffy R W H Duffy

Company secretary | M D Duffy

Registered office | 59 Staplehurst Road Sittingbourne Kent ME10 2NY

Hythe House Support Limited

(Registration number: 04524983)
Balance Sheet as at 28 February 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Tangible assets | 5 | 16,642 | 17,383
Current assets |  |  |
Debtors | 6 | 167,846 | 201,146
Cash at bank and in hand |  | 186,047 | 179,367
|  | 353,893 | 380,513
Creditors: Amounts falling due within one year | 7 | (180,964) | (235,584)
Net current assets |  | 172,929 | 144,929
Net assets |  | 189,571 | 162,312
Capital and reserves |  |  |
Called up share capital | 8 | 104 | 104
Retained earnings |  | 189,467 | 162,208
Shareholders' funds |  | 189,571 | 162,312

For the financial year ending 28 February 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• | The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 18 November 2025 and signed on its behalf by:

G E Duffy Director |  |

Hythe House Support Limited

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2025

1 | General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
59 Staplehurst Road
Sittingbourne
Kent
ME10 2NY
England

These financial statements were authorised for issue by the Board on 18 November 2025.

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Government grants

Government grants are recognised when receivable.

Hythe House Support Limited

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2025 (continued)

2 | Accounting policies (continued)

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class | Depreciation method and rate
Motor vehicles | 25% straight line basis
Fixtures and fittings | 25% straight line basis
Office equipment | 25% straight line basis

Goodwill

Goodwill arising on the acquisition of an entity represents the excess of the cost of acquisition over the company’s interest in the net fair value of the identifiable assets, liabilities and contingent liabilities of the entity recognised at the date of acquisition. Goodwill is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is held in the currency of the acquired entity and revalued to the closing rate at each reporting period date. Goodwill is amortised over its useful life, which shall not exceed ten years if a reliable estimate of the useful life cannot be made.

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class | Amortisation method and rate
Goodwill | over its estimated useful life

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Hythe House Support Limited

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2025 (continued)

2 | Accounting policies (continued)

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.
Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

Hythe House Support Limited

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2025 (continued)

3 | Staff numbers

The average number of persons employed by the company (including directors) during the year, was 18 (2024 - 18).

4 | Intangible assets

| Goodwill £ | Total £
Cost or valuation
At 1 March 2024 | 64,500 | 64,500
At 28 February 2025 | 64,500 | 64,500
Amortisation
At 1 March 2024 | 64,500 | 64,500
At 28 February 2025 | 64,500 | 64,500
Carrying amount
At 28 February 2025 | - | -
At 29 February 2024 | - | -

Hythe House Support Limited

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2025 (continued)

5 | Tangible assets

| Furniture, fittings and equipment £ | Motor vehicles £ | Total £
Cost or valuation
At 1 March 2024 | 131,464 | 12,433 | 143,897
Additions | 7,260 | - | 7,260
At 28 February 2025 | 138,724 | 12,433 | 151,157
Depreciation
At 1 March 2024 | 114,081 | 12,433 | 126,514
Charge for the year | 8,001 | - | 8,001
At 28 February 2025 | 122,082 | 12,433 | 134,515
Carrying amount
At 28 February 2025 | 16,642 | - | 16,642
At 29 February 2024 | 17,383 | - | 17,383

6 | Debtors

Current | Note | 2025 £ | 2024 £
Trade debtors |  | 140,595 | 172,822
Amounts owed by related parties | 11 | 7,230 | 15,443
Prepayments |  | 20,021 | 12,881
|  | 167,846 | 201,146

Hythe House Support Limited

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2025 (continued)

7 | Creditors

Creditors: amounts falling due within one year

| 2025 £ | 2024 £
Due within one year |  |
Taxation and social security | 64,658 | 57,126
Accruals and deferred income | 114,733 | 177,026
Other creditors | 1,573 | 1,432
| 180,964 | 235,584

Barclays Bank plc holds a fixed and floating charge over the assets of the company. There is a cross guarantee and debenture between the company, Hythe House Properties Limited and Barclays Bank plc on the assets of the company.

8 | Share capital

Allotted, called up and fully paid shares

| 2025 | 2024
| No. | £ | No. | £
Ordinary shares of £1 each | 100 | 100 | 100 | 100
Ordinary B non-voting shares of £0.10 each | 40 | 4 | 40 | 4
| 140 | 104 | 140 | 104

9 | Obligations under leases and hire purchase contracts

Operating leases

The total of future minimum lease payments is as follows:

| 2025 £ | 2024 £
Later than one year and not later than five years | 17,908 | 29,116

The amount of non-cancellable operating lease payments recognised as an expense during the year was £13,438 (2024 - £15,579).

Hythe House Support Limited

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2025 (continued)

10 | Dividends

Interim dividends paid

|  | 2025 £ |  | 2024 £
Interim dividend of £3,312.50 per each Ordinary B non-voting shares of 10 pence |  | 132,500 |  | 132,500

11 | Related party transactions

Directors' remuneration

The directors' remuneration for the year was as follows:

| 2025 £ | 2024 £
Remuneration | 102,869 | 87,175
Contributions paid to money purchase schemes | 1,939 | 1,466
| 104,808 | 88,641

Dividends paid to directors

|  | 2025 £ |  | 2024 £
M D Duffy |  |  |  |
Ordinary B 10 pence non-voting |  | 33,125 |  | 33,125
D J Duffy |  |  |  |
Ordinary B 10 pence non-voting |  | 33,125 |  | 33,125
R W H Duffy |  |  |  |
Ordinary B 10 pence non-voting |  | 33,125 |  | 33,125
G E Duffy |  |  |  |
Ordinary B 10 pence non-voting |  | 33,125 |  | 33,125

Hythe House Support Limited

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2025 (continued)

11 | Related party transactions (continued)

Summary of transactions with other related parties

Hythe House Properties Limited (controlled by the directors of the Company) The company rents properties from Hythe House Properties Limited. The company also provides administration services to Hythe House Properties Limited.

Income and receivables from related parties

2025 | Other related parties £
Receipt of services | 6,000

2024 | Other related parties £
Receipt of services | 6,000

Expenditure with and payables to related parties

2025 | Other related parties £
Rendering of services | 126,504

2024 | Other related parties £
Rendering of services | 126,504

Loans to related parties

2025 | Other related parties £ | Total £
At start of period | 15,443 | 15,443
Advanced | 6,000 | 6,000
Repaid | (14,213) | (14,213)
At end of period | 7,230 | 7,230

Hythe House Support Limited

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2025 (continued)

11 | Related party transactions (continued)

2024 | Other related parties £ | Total £
At start of period | 26,643 | 26,643
Advanced | 6,000 | 6,000
Repaid | (17,200) | (17,200)
At end of period | 15,443 | 15,443

Terms of loans to related parties

Interest free loan, repayable on demand.

Loans from related parties

2025 | Other related parties £ | Total £
Advanced | 126,504 | 126,504
Repaid | (126,504) | (126,504)
At end of period | - | -

2024 | Other related parties £ | Total £
Advanced | 57,300 | 57,300
Repaid | (57,300) | (57,300)
At end of period | - | -

Terms of loans from related parties

Interest free loan, repayable on demand.