REGISTERED NUMBER: 04473575 (England and Wales)

HILL TALBOT LIMITED

Unaudited Financial Statements

for the Year Ended 31 March 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

D R Hill

REGISTERED OFFICE:

The Riding School House

Bulls Lane

Wishaw

Sutton Coldfield

West Midlands

B76 9QW

REGISTERED NUMBER:

04473575 (England and Wales)

FIXED ASSETS

Tangible assets

4

3,871

2,739

CURRENT ASSETS

Stocks

23,280

1,600

Debtors

5

94,574

102,827

Cash at bank

122,918

145,041

240,772

249,468

CREDITORS

Amounts falling due within one year

6

109,138

124,824

NET CURRENT ASSETS

131,634

124,644

TOTAL ASSETS LESS CURRENT LIABILITIES

135,505

127,383

CAPITAL AND RESERVES

Called up share capital

50

50

Capital redemption reserve

7

50

50

Retained earnings

7

135,405

127,283

SHAREHOLDERS' FUNDS

135,505

127,383

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 17 November 2025 and were signed by:

D R Hill - Director

1.	STATUTORY INFORMATION

Hill Talbot 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.

Turnover

Turnover represents net invoiced fees excluding 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.

Fixtures and fittings

-

15% on reducing balance

Computer equipment

-

33% on cost

Work in progress

Work in progress is valued as work undertaken, prior to the period end date and calculated at the appropriate hourly chargeout rates, not yet billed to clients.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit & Loss Account, 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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 April 2024

16,436

42,298

58,734

Additions

-

2,171

2,171

At 31 March 2025

16,436

44,469

60,905

DEPRECIATION

At 1 April 2024

14,341

41,654

55,995

Charge for year

315

724

1,039

At 31 March 2025

14,656

42,378

57,034

NET BOOK VALUE

At 31 March 2025

1,780

2,091

3,871

At 31 March 2024

2,095

644

2,739

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/25

31/3/24

£

£

Trade debtors

91,084

101,747

Other debtors

3,490

1,080

94,574

102,827

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/25

31/3/24

£

£

Taxation and social security

73,519

82,426

Other creditors

35,619

42,398

109,138

124,824

7.

RESERVES

Capital

Retained

redemption

earnings

reserve

Totals

£

£

£

At 1 April 2024

127,283

50

127,333

Profit for the year

93,085

93,085

Dividends

(84,963

)

(84,963

)

At 31 March 2025

135,405

50

135,455