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Registration number: 15655390

H&K19 Ltd

Contents

Company Information	1
Balance Sheet	2
Notes to the Unaudited Financial Statements	3 to 7

H&K19 Ltd

Company Information

Directors

Miss H C Wood Mr K J Busch

Registered office

1st Floor Agriculture House Winch Lane Haverfordwest Pembrokeshire SA61 1RW

H&K19 Ltd

(Registration number: 15655390)
Balance Sheet as at 31 March 2025

	Note	2025 £
Fixed assets
Intangible assets	4	43,000
Tangible assets	5	2,958
		45,958
Current assets
Stocks	6	4,711
Cash at bank and in hand		37,537
		42,248
Creditors: Amounts falling due within one year	7	(88,096)
Net current liabilities		(45,848)
Net assets		110
Capital and reserves
Called up share capital	8	100
Retained earnings		10
Shareholders' funds		110

For the financial period 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 accounts for the period 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 12 September 2025 and signed on its behalf by:
 

......................................... Miss H C Wood Director

......................................... Mr K J Busch Director

H&K19 Ltd

Notes to the Unaudited Financial Statements for the Period from 17 April 2024 to 31 March 2025

1	General information

The company is a private company limited by share capital, incorporated in UK.

The address of its registered office is:
1st Floor
Agriculture House
Winch Lane
Haverfordwest
Pembrokeshire
SA61 1RW

These financial statements were authorised for issue by the Board on 12 September 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.

Going concern

The financial statements have been prepared on a going concern basis.

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 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.

The current income 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.

H&K19 Ltd

Notes to the Unaudited Financial Statements for the Period from 17 April 2024 to 31 March 2025

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	10% reducing balance
Office equipment	10% reducing balance

Goodwill

Goodwill arising on the acquisition of an entity represents the excess of the cost of acquisition over the company’s interest in the net fair value of the identifiable assets, liabilities and contingent liabilities of the entity recognised at the date of acquisition. Goodwill is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is held in the currency of the acquired entity and revalued to the closing rate at each reporting period date. Goodwill is amortised over its useful life, which shall not exceed ten years if a reliable estimate of the useful life cannot be made.

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class	Amortisation method and rate
Goodwill	10% Straight line

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

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.

H&K19 Ltd

Notes to the Unaudited Financial Statements for the Period from 17 April 2024 to 31 March 2025

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

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 period, was 18.

H&K19 Ltd

Notes to the Unaudited Financial Statements for the Period from 17 April 2024 to 31 March 2025

4	Intangible assets

	Goodwill  £	Trademarks, patents and licenses  £	Total £
Cost or valuation
Additions acquired separately	38,000	8,800	46,800
At 31 March 2025	38,000	8,800	46,800
Amortisation
Amortisation charge	3,800	-	3,800
At 31 March 2025	3,800	-	3,800
Carrying amount
At 31 March 2025	34,200	8,800	43,000

5	Tangible assets

	Plant and machinery £	Office equipment £	Total £
Cost or valuation
Additions	2,532	583	3,115
At 31 March 2025	2,532	583	3,115
Depreciation
Charge for the period	152	5	157
At 31 March 2025	152	5	157
Carrying amount
At 31 March 2025	2,380	578	2,958

6

Stocks

	2025 £
Other inventories	4,711

H&K19 Ltd

Notes to the Unaudited Financial Statements for the Period from 17 April 2024 to 31 March 2025

7

Creditors

Creditors: amounts falling due within one year

	Note	2025 £
Due within one year
Trade creditors		19,065
Taxation and social security		7,718
Directors' loan accounts		53,239
Outstanding defined contribution pension costs		817
Other creditors		501
Corporation tax liability		6,756
		88,096

8	Share capital

Allotted, called up and fully paid shares

	2025
	No.	£
A ordinary shares of £1 each	50	50
B ordinary shares of £1 each	50	50
	100	100

9	Related party transactions

Transactions with directors

2025	At 17 April 2024 £	Repayments by director £	At 31 March 2025 £
Miss H C Wood
Interest free loan with no fixed repayment term	-	(26,619)	(26,619)
Mr K J Busch
Interest free loan with no fixed repayment term	-	(26,619)	(26,619)