REGISTERED NUMBER: 06929846 (England and Wales)

Hallco 1696 Limited

Unaudited Financial Statements for the Year Ended 31st March 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

C A Ellis

C J Ellis

REGISTERED OFFICE:

18 Middle Street North

Driffield

East Yorkshire

YO25 6SW

REGISTERED NUMBER:

06929846 (England and Wales)

ACCOUNTANTS:

Smailes Goldie

Chartered Accountants

Regent's Court

Princess Street

Hull

East Yorkshire HU2 8BA

FIXED ASSETS

Tangible assets

4

464,413

390,600

Investments

5

202

2

464,615

390,602

CURRENT ASSETS

Stocks

-

2,067

Debtors

6

82,461

15,455

Cash at bank and in hand

13,173

80,074

95,634

97,596

CREDITORS

Amounts falling due within one year

7

18,679

62,501

NET CURRENT ASSETS

76,955

35,095

TOTAL ASSETS LESS CURRENT LIABILITIES

541,570

425,697

CREDITORS

Amounts falling due after more than one year

8

(496,448

)

(398,048

)

PROVISIONS FOR LIABILITIES

(179

)

(239

)

NET ASSETS

44,943

27,410

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

44,843

27,310

SHAREHOLDERS' FUNDS

44,943

27,410

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:

C A Ellis - Director

1.	STATUTORY INFORMATION

Hallco 1696 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.

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.

The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

Preparation of consolidated financial statements

The financial statements contain information about Hallco 1696 Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

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 the cost less estimated residual value of each asset over its estimated useful life.

Freehold property

-

2% on cost

Plant and machinery

-

20% on cost

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at 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.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Freehold

Plant and

property

machinery

Totals

£

£

£

COST

At 1st April 2024

405,876

1,199

407,075

Additions

108,657

-

108,657

Disposals

(25,000

)

-

(25,000

)

At 31st March 2025

489,533

1,199

490,732

DEPRECIATION

At 1st April 2024

16,235

240

16,475

Charge for year

9,604

240

9,844

At 31st March 2025

25,839

480

26,319

NET BOOK VALUE

At 31st March 2025

463,694

719

464,413

At 31st March 2024

389,641

959

390,600

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1st April 2024

2

Additions

200

At 31st March 2025

202

NET BOOK VALUE

At 31st March 2025

202

At 31st March 2024

2

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Amounts owed by group undertakings

82,461

12,700

Other debtors

-

2,755

82,461

15,455

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

3,166

6,278

Amounts owed to group undertakings

-

37,951

Taxation and social security

3,461

5,129

Other creditors

12,052

13,143

18,679

62,501

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

496,448

398,048

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

496,448

398,048

9.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank loans

496,448

-

10.	ULTIMATE CONTROLLING PARTY

The company is under the control of C J Ellis and C A Ellis.