REGISTERED NUMBER: 09704193 (England and Wales)

Report of the Director and

Unaudited Financial Statements for the Year Ended 31 July 2025

for

HGN Limited

Page

Company Information

1

Report of the Director

2

Income Statement

3

Statement of Financial Position

4

Notes to the Financial Statements

5

DIRECTOR:

G A G Stone

REGISTERED OFFICE:

Calcutt Court

Calcutt

Cricklade

Wiltshire

SN6 6JR

REGISTERED NUMBER:

09704193 (England and Wales)

The director presents his report with the financial statements of the company for the year ended 31 July 2025.

DIRECTOR

G A G Stone held office during the whole of the period from 1 August 2024 to the date of this report.

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:

G A G Stone - Director

20 April 2026

TURNOVER

-

-

OPERATING PROFIT and

PROFIT BEFORE TAXATION

-

-

Tax on profit

4

-

-

PROFIT FOR THE FINANCIAL YEAR

-

-

CURRENT ASSETS

Cash at bank

1

1

CREDITORS

Amounts falling due within one year

6

185

185

NET CURRENT LIABILITIES

(184

)

(184

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(184

)

(184

)

CREDITORS

Amounts falling due after more than one year

7

19,774

19,774

NET LIABILITIES

(19,958

)

(19,958

)

CAPITAL AND RESERVES

Called up share capital

9

10

10

Retained earnings

10

(19,968

)

(19,968

)

SHAREHOLDERS' FUNDS

(19,958

)

(19,958

)

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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 in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the director and authorised for issue on 20 April 2026 and were signed by:

G A G Stone - Director

1.	STATUTORY INFORMATION

HGN 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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 1 (2024 - NIL ) .

4.

TAXATION

Analysis of the tax charge

No liability to UK corporation tax arose for the year ended 31 July 2025 nor for the year ended 31 July 2024.

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

£

COST

At 1 August 2024

and 31 July 2025

6,250

DEPRECIATION

At 1 August 2024

and 31 July 2025

6,250

NET BOOK VALUE

At 31 July 2025

-

At 31 July 2024

-

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.25

31.7.24

£

£

Trade creditors

(1

)

(1

)

Directors' current accounts

186

186

185

185

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.7.25

31.7.24

£

£

Bank loans (see note 8)

19,774

19,774

8.

LOANS

An analysis of the maturity of loans is given below:

31.7.25

31.7.24

£

£

Amounts falling due between two and five years:

Bank loans - 2-5 years

19,774

19,774

9.	CALLED UP SHARE CAPITAL

Allotted and issued:

Number:

Class:

Nominal

31.7.25

31.7.24

value:

£

£

10

Share capital 1

1

10

10

10.

RESERVES

Retained

earnings

£

At 1 August 2024

(19,968

)

Profit for the year

-

At 31 July 2025

(19,968

)