REGISTERED NUMBER: OC426097 (England and Wales)

Report of the Members and

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

H.V. METALS LLP

Page

General Information

1

Report of the Members

2

Income Statement

3

Balance Sheet

4

Notes to the Financial Statements

5

DESIGNATED MEMBERS:

J G Wooding

H K Wooding

J O Grimes

P C Allen

N S Townsend

REGISTERED OFFICE:

Range Road Industrial Estate

Range Road

Hythe

Kent

CT21 6HG

REGISTERED NUMBER:

OC426097 (England and Wales)

ACCOUNTANTS:

Calcutt Matthews WBZ Ltd

19 North Street

Ashford

Kent

TN24 8LF

The members present their report with the financial statements of the LLP for the year ended 31 March 2025.

PRINCIPAL ACTIVITY

The principal activity of the LLP in the year under review was that of other services including acting as an agent for H.V. Wooding in negotiating contracts.

DESIGNATED MEMBERS

The designated members during the year under review were:

J G Wooding

H K Wooding

J O Grimes

P C Allen

N S Townsend

RESULTS FOR THE YEAR AND ALLOCATION TO MEMBERS

The loss for the year before members' remuneration and profit shares was £1,873 (2024 - £14,006 loss).

MEMBERS' INTERESTS

ON BEHALF OF THE MEMBERS:

J O Grimes - Designated member

15 December 2025

TURNOVER

544,805

364,694

Cost of sales

474,665

324,724

GROSS PROFIT

70,140

39,970

Administrative expenses

68,132

51,597

OPERATING PROFIT/(LOSS)

4

2,008

(11,627

)

Interest payable and similar expenses

3,881

2,379

LOSS FOR THE FINANCIAL YEAR BEFORE MEMBERS' REMUNERATION AND PROFIT SHARES AVAILABLE FOR DISCRETIONARY DIVISION AMONG MEMBERS

(1,873

)

(14,006

)

FIXED ASSETS

Tangible assets

5

75,306

41,054

CURRENT ASSETS

Debtors

6

83,262

59,053

Cash at bank

20,016

17,228

103,278

76,281

CREDITORS

Amounts falling due within one year

7

178,584

117,335

NET CURRENT LIABILITIES

(75,306

)

(41,054

)

TOTAL ASSETS LESS CURRENT LIABILITIES

and

NET LIABILITIES ATTRIBUTABLE TO MEMBERS

-

-

LOANS AND OTHER DEBTS DUE TO MEMBERS

-

-

TOTAL MEMBERS' INTERESTS

Amounts due from members

6

(36,020

)

(34,147

)

The LLP is entitled to exemption from audit under Section 477 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 for the year ended 31 March 2025.

The members acknowledge their responsibilities for:

(a)	ensuring that the LLP keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the LLP 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 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 relating to financial statements, so far as applicable to the LLP.

The financial statements have been prepared in accordance with the provisions applicable to LLPs subject to the small LLPs regime.

The financial statements were approved by the members of the LLP and authorised for issue on 15 December 2025 and were signed by:

J O Grimes - Designated member

1.	STATUTORY INFORMATION

H.V. Metals LLP is registered in England and Wales. The LLP's registered number and registered office address can be found on the General 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 requirements of the Statement of Recommended Practice, Accounting by Limited Liability Partnerships. 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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

3.	EMPLOYEE INFORMATION

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

4.	OPERATING PROFIT/(LOSS)

The operating profit (2024 - operating loss) is stated after charging:

31.3.25

31.3.24

£

£

Depreciation - owned assets

20,573

27,561

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

122,817

Additions

54,825

Disposals

(2,500

)

At 31 March 2025

175,142

DEPRECIATION

At 1 April 2024

81,763

Charge for year

20,573

Eliminated on disposal

(2,500

)

At 31 March 2025

99,836

NET BOOK VALUE

At 31 March 2025

75,306

At 31 March 2024

41,054

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

47,242

24,339

Other debtors

36,020

34,714

83,262

59,053

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Hire purchase contracts

88,619

47,690

Trade creditors

45,083

26,396

Taxation and social security

1,633

-

Other creditors

43,249

43,249

178,584

117,335