| HCD HOLDINGS LIMITED |
| Notes to the Accounts |
| for the year ended 31 March 2025 |
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| 1 |
Accounting policies |
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Statement of compliance |
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HCD Holdings Limited ('the Company') is a private limited liability company incorporated in England and Wales. The Company's registration number is 09913404 and the address of the registered office is HCD Research, 179 Junction Road, Burgess Hill, West Sussex, RH15 0JW. The principle activity of the Company in the year under review is that of a holding company. |
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Basis of preparation |
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The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
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The financial statements have been prepared under the historical cost convention. The presentation currency is £ sterling |
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The Company meets the definition of a small company and so has taken advantage of the avilable disclosure exemptions in the special provisions of Part 15 of the Companies Act 2006 relating to small companies and groups. The Company has taken advantage of these provisions not to prepare group accounts. |
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The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistentlyapplied to all the years presented unless otherwise stated. |
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Investments |
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Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account. |
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Creditors |
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Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method. |
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Taxation |
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A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. |
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| 2 |
Employees |
2025 |
|
2024 |
| Number |
Number |
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Average number of persons employed by the company |
4 |
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4 |
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| 3 |
Investments |
| Investments in |
| subsidiary |
| undertakings |
| £ |
|
Cost |
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At 1 April 2024 |
331,517 |
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At 31 March 2025 |
331,517 |
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On 2nd February 2016 the Company purchased the whole of the issued share capital of HCD Research Limited (registration numer 00708818 - England and Wales) for a total consideration of £329,757. |
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At 31 March 2025 the Company owned, either directly or indirectly, the majority of the issued share capital of the following companies:- |
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Directly:- |
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HCD Research Limited (registration number 00708818 - England and Wales - trading. |
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Ordinary share capital £29,363 of which 95.2% is owned by the Company. |
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Quartzlock Limited (registration number 11457035 - England and Wales - dormant |
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Ordinary share capital £100 which is wholly owned by the Company |
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Indirectly (through HCD Research Limited):- |
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HCD Engineering Limited (registration number 01098969 - England and Wales) - dormant |
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Ordinary share capital £7,500 wholly owned by HCD Research Limited |
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The office address of all of the above companies is 179 Junction Road, Burgess Hill, West Sussex, RH15 0JW |
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The Company has taken advantage of the Small Companies and Groups regulations not to prepare group accounts for the Company and its subsidiaries. At 31 March 2020 the Shareholder Funds of HCD Research Limited were £216,526 (2021 -£175,485). |
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| 4 |
Creditors: amounts falling due within one year |
2025 |
|
2024 |
| £ |
£ |
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Amounts owed to group undertakings and undertakings in which the company has a participating interest |
|
9,120 |
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9,120 |
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Other creditors |
95,000 |
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95,000 |
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104,120 |
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104,120 |
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| 5 |
Share capital |
2025 |
|
2024 |
| £ |
£ |
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50,000 E Ordinary shares of £1 each |
50,000 |
|
50,000 |
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50,000 O Ordinary shares of £1 each |
50,000 |
|
50,000 |
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50,000 R Ordinary shares of £1 each |
50,000 |
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50,000 |
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50,000 T Ordinary shares of £1 each |
50,000 |
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50,000 |
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200,000 |
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200,000 |
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| 6 |
Related party transactions |
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The directors operate current accounts with the Company. These accounts have been in credit throughout the year and are included in Other Creditors (Note 4). The total amount due by the Company to its directors or entities controlled by directors at 31st March 2023 was £95,000 (2022 - £95,000). These balances are repayable on demand. |
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| 7 |
Other information |
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HCD Holdings Limited is a private company limited by shares and incorporated in England. Its registered office is: |
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HCD Research |
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179 Junction Road |
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BURGESS HILL |
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West Sussex |
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RH15 0JW |