Company No: 00550075 (England and Wales)

Contents

• Balance Sheet
• Notes to the Financial Statements

	Note	2025		2024
		£		£
Fixed assets
Intangible assets	3	6,100		6,100
Tangible assets	4	612,331		625,646
Investments	5	1,000		1,000
		619,431		632,746
Current assets
Debtors
- due within one year	6	67,193		42,058
- due after more than one year	6	236		0
Cash at bank and in hand	7	23,342		39,970
		90,771		82,028
Creditors: amounts falling due within one year	8	( 53,528)		( 63,910)
Net current assets		37,243		18,118
Total assets less current liabilities		656,674		650,864
Provision for liabilities		( 100,309)		( 122,866)
Net assets		556,365		527,998
Capital and reserves
Called-up share capital		10,100		10,100
Revaluation reserve		337,416		337,416
Profit and loss account		208,849		180,482
Total shareholder's funds		556,365		527,998

For the financial 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 member has not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Income Statement has not been delivered.

The financial statements of H.E. Hipperson Limited (registered number: 00550075) were approved and authorised for issue by the Board of Directors. They were signed on its behalf by:

S Sparrow Director

11 December 2025

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

H.E. Hipperson Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Gillingham Dam, Beccles, Suffolk, NR34 0EB, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.

The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit and loss in the period to which they relate.

Intangible assets

Intangible assets are stated at cost or valuation, net of amortisation and any provision for impairment. Amortisation is provided on all intangible assets at rates to write off the cost or valuation of each asset over its expected useful life as follows:

Computer software

not amortised

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Land and buildings	50 years straight line
Plant and machinery	25 % reducing balance
Other property, plant and equipment	5 - 10 % reducing balance

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

2. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	4		4

3. Intangible assets

	Computer software		Total
	£		£
Cost
At 01 April 2024	6,100		6,100
At 31 March 2025	6,100		6,100
Accumulated amortisation
At 01 April 2024	0		0
At 31 March 2025	0		0
Net book value
At 31 March 2025	6,100		6,100
At 31 March 2024	6,100		6,100

4. Tangible assets

	Land and buildings		Plant and machinery		Other property, plant and equipment		Total
	£		£		£		£
Cost
At 01 April 2024	565,181		232,836		149,062		947,079
Additions	0		10,249		0		10,249
Disposals	0		( 542)		0		( 542)
At 31 March 2025	565,181		242,543		149,062		956,786
Accumulated depreciation
At 01 April 2024	42,137		176,551		102,745		321,433
Charge for the financial year	6,303		14,904		2,316		23,523
Disposals	0		( 501)		0		( 501)
At 31 March 2025	48,440		190,954		105,061		344,455
Net book value
At 31 March 2025	516,741		51,589		44,001		612,331
At 31 March 2024	523,044		56,285		46,317		625,646

Revaluation of tangible assets

Fleet were valued by Simon Sparrow, the company director, on a fair value basis on 31 March 2019.

As at the 31 March 2020, Freehold Property was held at the carrying value of £554,564 based on valuations made by professional external valuers.

	2025		2024
	£		£
Historical cost	127,688		127,688
Accumulated depreciation	(25,778)		(23,224)
Carrying value	101,910		104,464

5. Fixed asset investments

	2025		2024
	£		£
Other investments and loans	1,000		1,000

6. Debtors

	2025		2024
	£		£
Debtors: amounts falling due within one year
Trade debtors	5,532		7,044
Amounts owed by Parent undertakings	58,198		35,014
Prepayments	3,463		0
	67,193		42,058
Debtors: amounts falling due after more than one year
Prepayments	236		0

7. Cash and cash equivalents

	2025		2024
	£		£
Cash at bank and in hand	23,342		39,970

8. Creditors: amounts falling due within one year

	2025		2024
	£		£
Trade creditors	91		6,989
Amounts owed to directors	0		4,378
Accruals and deferred income	39,772		37,442
Corporation tax	5,863		11,529
Other taxation and social security	7,705		3,572
Other creditors	97		0
	53,528		63,910

9. Ultimate controlling party

Parent Company:

Arowick Limited

H. E. Hipperson Gillingham Dam Beccles Suffolk NR34 0EB

The ultimate controlling parties are considered to be Mr Simon & Mrs Mary Sparrow by virtue of their shareholding in the parent undertaking Arowick Limited.