HLP4G LIMITED

	Page
Abridged Balance Sheet	1
Notes to the Abridged Financial Statements	2—3

Registered number: 13068626

		2025		2024
	Notes	£	£	£	£
CURRENT ASSETS
Stocks		124,000		60,000
Cash at bank and in hand		43,402		114,874

		167,402		174,874
Creditors: Amounts Falling Due Within One Year		(141,034 )		(158,451 )

NET CURRENT ASSETS (LIABILITIES)			26,368		16,423

TOTAL ASSETS LESS CURRENT LIABILITIES			26,368		16,423

NET ASSETS			26,368		16,423

CAPITAL AND RESERVES
Called up share capital	4		10		10
Profit and Loss Account			26,358		16,413

SHAREHOLDERS' FUNDS			26,368		16,423

For the 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.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

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

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

All of the company's members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet for the year end 28 February 2025 in accordance with section 444(2A) of the Companies Act 2006.

The financial statements were approved by the board on 14 April 2025 and were signed on its behalf by:

Mr Jason Galvin

Director

The notes on pages 2 to 3 form part of these financial statements.

1. General Information

HLP4G LIMITED is a private company, limited by shares, incorporated in England & Wales.

The registered number is 13068626 .

The registered office is 74 Dickenson Road, Rusholme, Manchester, M14 5HF.

Dividends paid to the Director are reported in the notes to the accounts.

Transactions with Galvin Projects Limited are reported in the notes to the accounts.

There are no other related party transactions to report.

The are no contingent liabilities or post balance sheet events to report.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover represents the total invoice value, excluding value added tax (VAT), of sales made, labour services provided and administrative charges receivable during the year.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation.

Depreciation will be calculated at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures & Fittings	20% Reducing Balance
Computer Equipment	20% Reducing Balance

No depreciation is provided in the year of acquisition.

No tangible fixed assets have been acquired so far.

2.4. Stocks and Work in Progress

Work in Progress is valued at the prime cost of labour and materials plus other direct expenses.

2.5. Accounting Reference Date

The accounting reference date is 28 February.

These accounts cover the year ending 28 February 2025.

2.6. Comparative Figures

The comparative figures used throughout these accounts are as at 28 February 2024 or are for the year ending on that date.

2.7. Registrar Filing Requirements

The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account.

3. Average Number of Employees

Average number of employees, including directors, who are employed under a contract of service during the year was: NIL (2024: NIL)

4. Share Capital

	2025	2024
Allotted, called up and fully paid	£	£
10 Ordinary Shares of £ 1.00 each	10	10

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HLP4G LIMITED

Notes to the Abridged Financial Statements (continued)

For The Year Ended 28 February 2025

5. Related Party Transactions

Galvin Projects Limited is owned and controlled by Mr Jason Galvin and his wife, Mrs Joanna Galvin and is an associated company.

HLP4G Limited began trading on 1 March 2022. Its principal activity is the management of labour for Galvin Projects Limited, although it is also available to undertake a small number of construction projects unconnected with Galvin Projects Limited.

Transactions between HLP4G Limited and Galvin Projects Limited are summarised as follows:

Monies due to Galvin Projects Limited brought forward (£78,788) (2024 £8)

Labour charges invoiced to Galvin Projects Ltd in the year £2,492,000 (2024 £2,225,000)

Gross administration charges invoiced in the year £27,204 (2024 £46,204)

Monies received from Galvin Projects Limited in the year £2,495,300 (2024 £2,350,000)

Monies due from Galvin Projects Limited carried forward (£54,884) (2024 (£78,788))

Labour charges are invoiced subject to the VAT domestic reverse charge.

Gross administration charges are inclusive of VAT.

Labour charges for the year which were not invoiced until after the year end date total £124,000 (2024 £60,000) and are reported as work in progress.

6. Ultimate Controlling Party

The Company was controlled throughout the year by Mr Jason Galvin who held 10 £1 Ordinary Shares, there being 10 £1 Ordinary Shares in issue.

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