Hector Cameron Securities Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 01227458 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2025

FOR

HECTOR CAMERON SECURITIES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mrs A N Cameron

J N Cameron

REGISTERED OFFICE:

The Cottage

Brisco

Nr Carlisle

CA4 0QS

REGISTERED NUMBER:

01227458 (England and Wales)

ACCOUNTANTS:

Cresswells

12 Market Sreet

Hebden Bridge

HX7 6AD

FIXED ASSETS

Investments

4

1,518

Investment property

5

437,000

438,518

CURRENT ASSETS

Debtors

6

13,736

1,587

Cash at bank

19,085

31,155

32,821

32,742

CREDITORS

Amounts falling due within one year

7

72,185

86,794

NET CURRENT LIABILITIES

(39,364

)

(54,052

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

399,154

384,466

PROVISIONS FOR LIABILITIES

46,154

NET ASSETS

353,000

338,312

CAPITAL AND RESERVES

Called up share capital

8

100

Fair value reserve

250,613

Retained earnings

102,287

87,599

SHAREHOLDERS' FUNDS

353,000

338,312

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st 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 17th December 2025 and were signed on its behalf by:

J N Cameron - Director

1.	STATUTORY INFORMATION

Hector Cameron Securities Limited 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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 as modified by the revaluation of certain assets.

Turnover

Turnover represents earned income from commercial leasing and commercial retail financing, net of value added tax.

Tangible fixed assets

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

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

Finance leases and instalment credit

The total gross charges under finance leases are allocated over the accounting periods in which rentals are due using rule of 78 method.

Income from instalment credit agreements is determined by spreading charges over the accounting periods in which repayments are due using the actuarial method.

The unearned finance charges represent the balances remaining after allocating the finance charges over the period in which repayments are due, as at the balance sheet date, using the actuarial method.

Bad debts

Specific provisions are made for advances when the directors are of the opinion that any advance may not be recovered in full. No round sum provision is made to cover advances which may be bad or doubtful but not yet identified as such.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 3 ) .

4.	FIXED ASSET INVESTMENTS

Unlisted

investments

£

COST

At 1st April 2024

and 31st March 2025

1,518

NET BOOK VALUE

At 31st March 2025

1,518

At 31st March 2024

1,518

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1st April 2024

and 31st March 2025

437,000

NET BOOK VALUE

At 31st March 2025

437,000

At 31st March 2024

437,000

Fair value at 31st March 2025 is represented by:

£

Valuation in 2010

156,767

Valuation in 2013

130,000

Valuation in 2017

10,000

Valuation in 2021

(3,000

)

Cost

143,233

437,000

6.

DEBTORS

2025

2024

£

Amounts falling due within one year:

Amounts receivable in respect of
finance leases

2,203

(708

)

Other debtors

1,092

-

Directors' current accounts

8,905

-

VAT

165

-

Prepayments and accrued income

643

495

13,008

(213

)

Amounts falling due after more than one year:

Trade debtors

728

-

Amounts receivable in respect of
finance leases

-

1,800

728

1,800

Aggregate amounts

13,736

1,587

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Trade creditors

212

4,443

VAT

-

13,215

Directors' current accounts

68,614

69,136

Accrued expenses

3,359

-

72,185

86,794

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

40

Ordinary A

£1

40

Ordinary B

£1

40

10

Ordinary C

£1

10

Ordinary D

£1

10

100

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31st March 2025 and 31st March 2024:

2025

2024

£

Mrs A N Cameron

Balance outstanding at start of year

-

2,560

Amounts repaid

-

(2,560

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

-