Registration number: NI655430

Hiltonstown Simmentals Limited

(Registration number: NI655430)
Balance Sheet as at 31 March 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	6,588	8,117
Current assets
Stocks	5	68,430	60,072
Debtors	6	1,688	1,764
Cash at bank and in hand		31,101	9,491
		101,219	71,327
Creditors : due within one year	7	(60,538)	(44,936)
Net current assets		40,681	26,391
Net assets		47,269	34,508
Capital and reserves
Called up share capital	8	1	1
Profit and loss account		47,268	34,507
Total equity		47,269	34,508

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.

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The director acknowledges his 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 director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 31 October 2025
 

.........................................

Mr Richard Rodgers
Director

Hiltonstown Simmentals Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

1	General information

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

The address of its registered office is: 13 Race Road, Portglenone, Ballymena, BT44 8EP.

These financial statements were authorised for issue by the director on 31 October 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.

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.

Tangible assets

Tangible assets are stated in the statement of financial position 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:

Hiltonstown Simmentals Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

Asset class	Depreciation method and rate
Plant and machinery	10% straight line

Short-term debtors and creditors

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the income statement in operating expenses.

Stocks

Livestock is valued at the lower of cost or net realisable value. The cost is determined by assessing the current market price of the animal, and reducing this by 40%. Net realisable value is the expected selling price, less selling fees and direct costs incurred up to the date of sale.

3	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2024 - 1).

4	Tangible assets

	Other tangible assets £	Total £
Cost or valuation
At 1 April 2024	15,291	15,291
At 31 March 2025	15,291	15,291
Depreciation
At 1 April 2024	7,174	7,174
Charge for the year	1,529	1,529
At 31 March 2025	8,703	8,703
Carrying amount
At 31 March 2025	6,588	6,588
At 31 March 2024	8,117	8,117

Hiltonstown Simmentals Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

5

Stocks

	2025 £	2024 £
Livestock	68,430	60,072

6

Debtors

	2025 £	2024 £
Other debtors	1,688	1,764
	1,688	1,764

7	Creditors: due within one year

	2025 £	2024 £
Trade creditors	4,674	3,743
Amounts due to associated company	45,092	32,976
Other creditors	10,772	8,217
	60,538	44,936

8	Share capital

Allotted, called up and fully paid shares

	2025		2024
	No.	£	No.	£
Ordinary shares of £0.01 each	100	1.00	100	1.00