REGISTERED NUMBER: 12405358 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

Holly Hickmore Sculpture Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

H M Hickmore

A J Warner

REGISTERED OFFICE:

The Old Stables

Sutton Manor Farm

Bishop's Sutton

Alresford

Hampshire

SO24 0AA

REGISTERED NUMBER:

12405358 (England and Wales)

ACCOUNTANTS:

Butler & Co Alresford Limited

Chartered Accountants

The Old Stables

Sutton Manor Farm

Bishops Sutton

Alresford

Hampshire

SO24 0AA

FIXED ASSETS

Tangible assets

4

39,468

47,191

CURRENT ASSETS

Stocks

27,275

12,275

Debtors

5

3,859

4,867

Cash at bank

16,736

557

47,870

17,699

CREDITORS

Amounts falling due within one year

6

29,975

22,489

NET CURRENT ASSETS/(LIABILITIES)

17,895

(4,790

)

TOTAL ASSETS LESS CURRENT LIABILITIES

57,363

42,401

PROVISIONS FOR LIABILITIES

7

5,621

2,587

NET ASSETS

51,742

39,814

CAPITAL AND RESERVES

Called up share capital

8

100

100

Retained earnings

51,642

39,714

SHAREHOLDERS' FUNDS

51,742

39,814

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 9 December 2025 and were signed on its behalf by:

H M Hickmore - Director

A J Warner - Director

1.	STATUTORY INFORMATION

Holly Hickmore Sculpture Ltd 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.

Turnover

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

Debtors includes amounts recoverable on service contracts. Where the outcome of a transaction can be estimated reliably, revenue is recognised by reference to the stage of completion of the transaction at the balance sheet date (in accordance with FRS 102 paragraph 23.14).

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

-

20% reducing balance basis

Fixtures and fittings

-

20% reducing balance basis

Motor vehicles

-

15% reducing balance basis

Computer equipment

-

33.3% on cost

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

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 NIL (2024 - NIL).

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 April 2024

and 31 March 2025

5,963

5,833

60,164

1,350

73,310

DEPRECIATION

At 1 April 2024

2,910

2,309

20,450

450

26,119

Charge for year

611

705

5,957

450

7,723

At 31 March 2025

3,521

3,014

26,407

900

33,842

NET BOOK VALUE

At 31 March 2025

2,442

2,819

33,757

450

39,468

At 31 March 2024

3,053

3,524

39,714

900

47,191

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

VAT

2,519

3,409

Prepayments

1,340

1,458

3,859

4,867

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Directors' current accounts

28,575

21,139

Accruals and deferred income

1,400

1,350

29,975

22,489

7.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

Accelerated capital allowances

7,499

8,966

Unrelieved trading losses

(1,878

)

(6,379

)

5,621

2,587

Deferred

tax

£

Balance at 1 April 2024

2,587

Accelerated capital allowances

(1,467

)

Unrelieved trading losses

4,501

Balance at 31 March 2025

5,621

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

50

Ordinary

£1

50

50

50

Ordinary 'A'

£1

50

50

100

100

The Ordinary shares and Ordinary 'A' shares rank pari passu in all respects except that dividends may be paid to the holders of one class of shares to the exclusion of the other at the director's discretion.

9.	RELATED PARTY DISCLOSURES

During the year, total dividends of £1,000 (2024 - £1,000) were paid to the directors .

H M Hickmore

Director

During the period under review H M Hickmore introduced funds amounting to £5,800 (2024 - £12,000) to the company and also incurred expenses amounting to £1,581 (2024 - £2,539).

2025

2024

£

£

H M Hickmore - amount due to related party at balance sheet date

28,075

21,139

A J Warner - amount due to related party at balance sheet date

500

-