REGISTERED NUMBER: 10200336 (England and Wales)

HILLGATE MANAGEMENT LTD

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2025

Page

Company information

1

Balance sheet

2

Notes to the financial statements

3

Directors:

T J C Stevenson

Mrs D Stevenson

B C Stevenson

Registered office:

5-7 Hillgate Street

London

W8 7SP

Registered number:

10200336 (England and Wales)

Accountants:

Roberts & Co

Chartered Accountants

2 Tower House

Hoddesdon

Hertfordshire

EN11 8UR

Fixed assets

Tangible assets

4

13,872

11,512

Current assets

Debtors

5

365,854

399,379

Cash at bank

69,329

43,284

435,183

442,663

Creditors

Amounts falling due within one year

6

438,416

470,665

Net current liabilities

(3,233

)

(28,002

)

Total assets less current liabilities

10,639

(16,490

)

Creditors

Amounts falling due after more than one year

7

6,175

16,612

Net assets/(liabilities)

4,464

(33,102

)

Capital and reserves

Called up share capital

150

150

Share premium

79,950

79,950

Retained earnings

(75,636

)

(113,202

)

Shareholders' funds

4,464

(33,102

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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 6 January 2026 and were signed on its behalf by:

T J C Stevenson - Director

1.	Statutory information

Hillgate Management Ltd 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 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 each asset over its estimated useful life.

Land and buildings

-

Straight line over lease term

Plant and machinery etc

-

25% on reducing balance

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 10 (2024 - 11 ) .

4.	Tangible fixed assets

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

Cost

At 1 May 2024

13,064

15,871

28,935

Additions

-

4,693

4,693

At 30 April 2025

13,064

20,564

33,628

Depreciation

At 1 May 2024

4,096

13,327

17,423

Charge for year

523

1,810

2,333

At 30 April 2025

4,619

15,137

19,756

Net book value

At 30 April 2025

8,445

5,427

13,872

At 30 April 2024

8,968

2,544

11,512

5.

Debtors: amounts falling due within one year

2025

2024

£

£

Trade debtors

11,972

56,006

Other debtors

353,882

343,373

365,854

399,379

6.

Creditors: amounts falling due within one year

2025

2024

£

£

Bank loans and overdrafts

10,437

10,253

Trade creditors

38,686

23,893

Taxation and social security

175,923

219,042

Other creditors

213,370

217,477

438,416

470,665

7.

Creditors: amounts falling due after more than one year

2025

2024

£

£

Bank loans

6,175

16,612

8.	Directors' advances, credits and guarantees

The following advances and credits to directors subsisted during the years ended 30 April 2025 and 30 April 2024:

2025

2024

£

£

T J C Stevenson and Mrs D Stevenson

Balance outstanding at start of year

149,391

138,534

Amounts advanced

13,466

10,857

Amounts repaid

-

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

162,857

149,391

B C Stevenson

Balance outstanding at start of year

41,570

38,623

Amounts advanced

9,112

2,947

Amounts repaid

-

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

50,682

41,570