REGISTERED NUMBER: 03172050 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Hygiene Chemicals Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs C Garland

B Paterson

SECRETARY:

Hills & Peeks Secretaries Limited

REGISTERED OFFICE:

62 The Street

Rustington

West Sussex

BN16 3NR

REGISTERED NUMBER:

03172050 (England and Wales)

ACCOUNTANTS:

Hills & Peeks

Accountants, Business & Tax Advisers

62 The Street

Rustington

West Sussex

BN16 3NR

BANKERS:

Lloyds Bank plc

74-78 Church Road

Hove

East Sussex

BN3 2EE

FIXED ASSETS

Tangible assets

4

30,836

37,229

CURRENT ASSETS

Stocks

126,381

126,410

Debtors

5

232,004

249,608

Cash at bank and in hand

328,089

193,598

686,474

569,616

CREDITORS

Amounts falling due within one year

6

(731,641

)

(621,803

)

NET CURRENT LIABILITIES

(45,167

)

(52,187

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(14,331

)

(14,958

)

CREDITORS

Amounts falling due after more than one year

7

(14,903

)

(31,477

)

NET LIABILITIES

(29,234

)

(46,435

)

CAPITAL AND RESERVES

Called up share capital

5,100

5,100

Retained earnings

(34,334

)

(51,535

)

SHAREHOLDERS' FUNDS

(29,234

)

(46,435

)

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 13 November 2025 and were signed on its behalf by:

Mrs C Garland - Director

1.	STATUTORY INFORMATION

Hygiene Chemicals 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.

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 on the assumption that the company will continue to receive the support of its directors and creditors. The directors have considered the consequences of COVID-19 and other events and conditions, and it has determined that they do not create a material uncertainty that casts significant doubt upon the company’s ability to continue as a going concern.

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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery etc

-

33% on cost and 25% on reducing balance

Stocks

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

Taxation

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

Deferred tax

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 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

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 12 (2024 - 13 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

and 31 March 2025

194,437

DEPRECIATION

At 1 April 2024

157,208

Charge for year

6,393

At 31 March 2025

163,601

NET BOOK VALUE

At 31 March 2025

30,836

At 31 March 2024

37,229

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

machinery

etc

£

COST

At 1 April 2024

and 31 March 2025

25,573

DEPRECIATION

Charge for year

6,393

At 31 March 2025

6,393

NET BOOK VALUE

At 31 March 2025

19,180

At 31 March 2024

25,573

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

221,304

237,998

Other debtors

10,700

11,610

232,004

249,608

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

12,857

13,234

Hire purchase contracts

5,657

5,605

Financing of trade debtors

465,869

351,589

Trade creditors

182,918

203,346

Taxation and social security

58,144

47,942

Other creditors

6,196

87

731,641

621,803

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans

1,963

13,274

Hire purchase contracts

12,940

18,203

14,903

31,477

8.	SECURED DEBTS

The following secured debts are included within creditors:

31.3.25

31.3.24

£

£

Hire purchase contracts

18,597

23,808

Financing of trade debtors

156,064

169,062

174,661

192,870

9.	ULTIMATE CONTROLLING PARTY

The controlling party is Mrs C Garland.