REGISTERED NUMBER: 13079165 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28TH FEBRUARY 2025

FOR

HL BARN LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

D T Collins

REGISTERED OFFICE:

Manufactory House

Bell Lane

Hertford

Hertfordshire

SG14 1BP

REGISTERED NUMBER:

13079165 (England and Wales)

ACCOUNTANTS:

Cook & Partners Limited

Manufactory House

Bell Lane

Hertford

Hertfordshire

SG14 1BP

FIXED ASSETS

Intangible assets

4

15,000

17,500

Tangible assets

5

9,638

11,493

24,638

28,993

CURRENT ASSETS

Cash at bank

6,149

1,975

CREDITORS

Amounts falling due within one year

6

3,599

4,434

NET CURRENT ASSETS/(LIABILITIES)

2,550

(2,459

)

TOTAL ASSETS LESS CURRENT LIABILITIES

27,188

26,534

CREDITORS

Amounts falling due after more than one year

7

44,850

47,900

NET LIABILITIES

(17,662

)

(21,366

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(17,762

)

(21,466

)

(17,662

)

(21,366

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28th February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28th February 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 17th November 2025 and were signed by:

D T Collins - Director

1.	STATUTORY INFORMATION

HL Barn 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.

Going concern justification

The director has assessed various factors and risks affecting the company and its ability in these difficult economic times to to continue to trade as a going concern. The director has not identified any material uncertainties or risks related to events or conditions that could effect values of the company's assets and liabilities as at the balance sheet date. Therefore the financial statements for the year ended 28th February 2025 have been prepared using the going concern basis of accounting.

Turnover

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

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2021, is being amortised evenly over its estimated useful life of ten years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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 etc

-

25% on reducing balance

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.

3.	EMPLOYEES AND DIRECTORS

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

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1st March 2024

and 28th February 2025

25,000

AMORTISATION

At 1st March 2024

7,500

Charge for year

2,500

At 28th February 2025

10,000

NET BOOK VALUE

At 28th February 2025

15,000

At 29th February 2024

17,500

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1st March 2024

22,129

Additions

1,018

At 28th February 2025

23,147

DEPRECIATION

At 1st March 2024

10,636

Charge for year

2,873

At 28th February 2025

13,509

NET BOOK VALUE

At 28th February 2025

9,638

At 29th February 2024

11,493

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other creditors

3,599

4,434

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Other creditors

44,850

47,900