Hindle Campbell Limited 31/03/2025 iXBRL

Company registration number: 07868062

Hindle Campbell Limited

Trading as Hindle Campbell

Unaudited filleted financial statements

31 March 2025

Hindle Campbell Limited

Contents

Statement of financial position

Notes to the financial statements

Hindle Campbell Limited

Statement of financial position

31 March 2025

		2025		2024
	Note	£	£	£	£

Fixed assets
Tangible assets	5	301,686		310,503
		_______		_______
			301,686		310,503

Current assets
Debtors	6	380,433		253,748
Cash at bank and in hand		211,492		111,086
		_______		_______
		591,925		364,834
Creditors: amounts falling due
within one year	7	( 329,731)		( 245,276)
		_______		_______
Net current assets			262,194		119,558
			_______		_______
Total assets less current liabilities			563,880		430,061

Creditors: amounts falling due
after more than one year	8		( 175,940)		( 272,311)
			_______		_______
Net assets			387,940		157,750
			_______		_______

Capital and reserves
Called up share capital			130		130
Profit and loss account			387,810		157,620
			_______		_______
Shareholders funds			387,940		157,750
			_______		_______

For the year ending 31 March 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 financial statements for the year in question in accordance with section 476;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

These financial statements were approved by the board of directors and authorised for issue on 28 July 2025 , and are signed on behalf of the board by:

Mr Clive Miller Hindle

Director

Company registration number: 07868062

Hindle Campbell Limited

Notes to the financial statements

Year ended 31 March 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 8 Northumberland Square, North Shields, NE30 2HE.

2. Statement of compliance

These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Turnover

Fee income represents revenue earned under a wide variety of contracts to provide legal services. Revenue is recognised as earned when, and to the extent that, the firm obtains the right to consideration in exchange for its performance under these contracts. It represents amounts chargeable to clients including expenses and disbursements but excluding value added tax. For incomplete contracts, an assessment is made of the extent to which revenue is earned. This assessment takes into account the nature of the assignment, its stage of completion and the relevant contract terms. Revenue in respect of the contingent fee engagements (over and above any agreed minimum fee) is recognised when the contingent event occurs and recovery of the fee is assured.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that 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 that are expected to apply to the reversal of the timing difference.

Tangible assets

tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in capital and reserves, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:


Freehold property	-	2 %	straight line
Fittings fixtures and equipment	-	15 %	reducing balance

If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.

Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. When it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets.

Financial instruments

A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument.

Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately. For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets or either assessed individually or grouped on the basis of similar credit risk characteristics. Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised in finance costs in profit or loss in the period in which it arises.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 26 (2024: 27 ).

5. Tangible assets

	Freehold property	Fixtures, fittings and equipment	Total
	£	£	£
Cost
At 1 April 2024 and 31 March 2025	304,501	41,448	345,949
	_______	_______	_______
Depreciation
At 1 April 2024	12,180	23,266	35,446
Charge for the year	6,090	2,727	8,817
	_______	_______	_______
At 31 March 2025	18,270	25,993	44,263
	_______	_______	_______
Carrying amount
At 31 March 2025	286,231	15,455	301,686
	_______	_______	_______
At 31 March 2024	292,321	18,182	310,503
	_______	_______	_______

6. Debtors

	2025	2024
	£	£
Trade debtors	140,696	158,405
Other debtors	239,737	95,343
	_______	_______
	380,433	253,748
	_______	_______

7. Creditors: amounts falling due within one year

	2025	2024
	£	£
Bank loans and overdrafts	79,612	58,716
Trade creditors	47,784	34,616
Corporation tax	121,264	72,957
Social security and other taxes	68,107	66,148
Other creditors	12,964	12,839
	_______	_______
	329,731	245,276
	_______	_______

8. Creditors: amounts falling due after more than one year

	2025	2024
	£	£
Bank loans and overdrafts	153,140	212,414
Other creditors	22,800	59,897
	_______	_______
	175,940	272,311
	_______	_______

9. Directors advances, credits and guarantees

	During the year the directors entered into the following advances and credits with the company:

2025
		Balance brought forward	Advances /(credits) to the directors	Amounts repaid	Balance o/standing
		£	£	£	£
	Mr Amir Assadi	( 715)	68,903	( 25,000)	43,188
	Mr Clive Miller Hindle	( 938)	45,491	( 25,000)	19,553
	Ms Jane Jelly	-	2,000	-	2,000
	Mr Daniel Paul Ruddick	-	2,450	-	2,450
	Ms Clare Joanne Usher	( 885)	87,719	( 25,000)	61,834
	Ms Emily Ann Walker	( 880)	26,046	( 25,000)	166
	Ms Eileen Wilson	( 774)	21,798	( 25,000)	( 3,976)
		_______	_______	_______	_______
		( 4,192)	254,407	( 125,000)	125,215
		_______	_______	_______	_______

2024
		Balance brought forward	Advances /(credits) to the directors	Amounts repaid	Balance o/standing
		£	£	£	£
	Mr Amir Assadi	-	( 715)	-	( 715)
	Mr Clive Miller Hindle	-	( 938)	-	( 938)
	Ms Jane Jelly	-	-	-	-
	Mr Daniel Paul Ruddick	-	-	-	-
	Ms Clare Joanne Usher	-	( 885)	-	( 885)
	Ms Emily Ann Walker	-	( 880)	-	( 880)
	Ms Eileen Wilson	-	( 774)	-	( 774)
		_______	_______	_______	_______
		-	( 4,192)	-	( 4,192)
		_______	_______	_______	_______