Registration number: 05484390

Hacketts Limited

Contents

Company Information	1
Balance Sheet	2 to 3
Notes to the Unaudited Financial Statements	4 to 9

Hacketts Limited

Company Information

Directors

Mrs HR Hackett Mr AT Hackett

Registered office

Unit 2, Northfield Road Dudley West Midlands DY2 9JQ

Accountants

Neil Westwood & Co Chartered Accountants101 Dixons Green Road Dudley West Midlands DY2 7DJ

Hacketts Limited

(Registration number: 05484390)
Balance Sheet as at 30 June 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	53,889	39,044
Current assets
Stocks	5	76,250	67,225
Debtors	6	135,750	106,523
Cash at bank and in hand		49,565	29,639
		261,565	203,387
Creditors: Amounts falling due within one year	7	(157,348)	(126,826)
Net current assets		104,217	76,561
Total assets less current liabilities		158,106	115,605
Creditors: Amounts falling due after more than one year	7	(42,368)	(53,315)
Provisions for liabilities		(13,472)	(7,418)
Net assets		102,266	54,872
Capital and reserves
Called up share capital	8	2	2
Retained earnings		102,264	54,870
Shareholders' funds		102,266	54,872

Hacketts Limited

(Registration number: 05484390)
Balance Sheet as at 30 June 2025 (continued)

For the financial year ending 30 June 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 10 December 2025 and signed on its behalf by:
 

Mrs HR Hackett Director

Hacketts Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2025

1	General information

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

The address of its registered office is:
Unit 2, Northfield Road
Dudley
West Midlands
DY2 9JQ

These financial statements were authorised for issue by the Board on 10 December 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 sales/value added tax, 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.

Tax

The tax expense for the period comprises current and deferred 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.

Hacketts Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2025 (continued)

2	Accounting policies (continued)

The current 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.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

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
Plant & machinery	20% on cost
Motor vehicles	25% on reducing balance

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Hacketts Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2025 (continued)

2	Accounting policies (continued)

Leases

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessee.

Assets held under finance leases are recognised at the lower of their fair value at inception of the lease and the present value of the minimum lease payments. These assets are depreciated on a straight-line basis over the shorter of the useful life of the asset and the lease term. The corresponding liability to the lessor is included in the balance sheet as a finance lease obligation.

Lease payments are apportioned between finance costs in the profit and loss account and reduction of the lease obligation so as to achieve a constant periodic rate of interest on the remaining balance of the liability.

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.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 10 (2024 - 7).

Hacketts Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2025 (continued)

4	Tangible assets

	Plant and machinery £	Motor vehicles  £	Total £
Cost or valuation
At 1 July 2024	88,494	47,065	135,559
Additions	14,659	16,675	31,334
Disposals	-	(13,950)	(13,950)
At 30 June 2025	103,153	49,790	152,943
Depreciation
At 1 July 2024	73,432	23,083	96,515
Charge for the year	5,617	9,710	15,327
Eliminated on disposal	-	(12,788)	(12,788)
At 30 June 2025	79,049	20,005	99,054
Carrying amount
At 30 June 2025	24,104	29,785	53,889
At 30 June 2024	15,062	23,982	39,044

5

Stocks

	2025 £	2024 £
Raw materials and consumables	76,250	67,225

6

Debtors

Current	2025 £	2024 £
Trade debtors	124,531	102,693
Prepayments	11,219	2,980
Other debtors	-	850
	135,750	106,523

Hacketts Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2025 (continued)

7

Creditors

Creditors: amounts falling due within one year

	Note	2025 £	2024 £
Due within one year
Loans and borrowings	9	9,287	10,959
Trade creditors		78,507	54,138
Taxation and social security		45,362	32,657
Accruals and deferred income		1,941	2,000
Other creditors		22,251	27,072
		157,348	126,826

Creditors: amounts falling due after more than one year

	Note	2025 £	2024 £
Due after one year
Loans and borrowings	9	42,368	53,315

8	Share capital

Allotted, called up and fully paid shares

	2025		2024
	No.	£	No.	£
Ordinary shares of £1 each	2	2	2	2

9	Loans and borrowings

Non-current loans and borrowings

	2025 £	2024 £
Bank borrowings	42,368	52,532
Hire purchase contracts	-	783
	42,368	53,315

Hacketts Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2025 (continued)

9	Loans and borrowings (continued)

Current loans and borrowings

	2025 £	2024 £
Bank borrowings	9,287	8,611
Hire purchase contracts	-	2,348
	9,287	10,959

10	Related party transactions

By virtue of their 100% of the share capital Mr and Mrs Hackett control the company.