Company registration number 02332996 (England and Wales)
HS TRUSTEES LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2025
PAGES FOR FILING WITH REGISTRAR
HS TRUSTEES LIMITED
CONTENTS
Page
Balance sheet
2
Statement of changes in equity
1
Notes to the financial statements
3 - 5
HS TRUSTEES LIMITED
STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 31 JULY 2025
- 1 -
Share capital
Profit and loss reserves
Total
£
£
£
Balance at 1 August 2023
100
(31,876)
(31,776)
Year ended 31 July 2024:
Loss and total comprehensive income
-
(7,211)
(7,211)
Balance at 31 July 2024
100
(39,087)
(38,987)
Year ended 31 July 2025:
Profit and total comprehensive income
-
18,768
18,768
Balance at 31 July 2025
100
(20,319)
(20,219)
HS TRUSTEES LIMITED
BALANCE SHEET
AS AT 31 JULY 2025
31 July 2025
- 2 -
2025
2024
Notes
£
£
£
£
Current assets
Debtors
3
36,023
24,590
Cash at bank and in hand
15,552
1,332
51,575
25,922
Creditors: amounts falling due within one year
4
(71,794)
(64,909)
Net current liabilities
(20,219)
(38,987)
Capital and reserves
Called up share capital
5
100
100
Profit and loss reserves
(20,319)
(39,087)
Total equity
(20,219)
(38,987)

For the financial year ended 31 July 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

T he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 8 April 2026 and are signed on its behalf by:
Mr S M Goddard
Director
Company registration number 02332996 (England and Wales)
HS TRUSTEES LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2025
- 3 -
1
Accounting policies
Company information

HS Trustees Limited is a private company limited by shares incorporated in England and Wales. The registered office is Corinthian House, 17 Lansdowne Road, Croydon, CR0 2BX.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Going concern

A true t the time of approving the financial statements, t he directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future and has the continuing support of associated companies under the control of the director. Thus t he directors continue to adopt the going concern basis of accounting in preparing the financial statements.

1.3
Turnover

Turnover is recognised at the fair value of the consideration received or receivable for services provided in the normal course of business, and is shown net of VAT and other sales related taxes.

1.4
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.5
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

HS TRUSTEES LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JULY 2025
1
Accounting policies
(Continued)
- 4 -
Classification of financial liabilities

Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future paymen ts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. A m ounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

1.6
Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

1.7
Employee benefits

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

1.8
Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
2
2
3
Debtors
2025
2024
Amounts falling due within one year:
£
£
Trade debtors
10,635
16,163
Amounts owed by group undertakings
633
263
Other debtors
24,755
8,164
36,023
24,590
HS TRUSTEES LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JULY 2025
- 5 -
4
Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
10,810
12,329
Amounts owed to group undertakings
53,688
48,282
Taxation and social security
5,621
2,753
Other creditors
1,675
1,545
71,794
64,909
5
Called up share capital
2025
2024
2025
2024
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary Shares of £1 each
100
100
100
100
6
Related party transactions

Included in other creditors due within one year is an amount of £4,600 (2024 £3,000) due to Goddard Perry Holdings Limited £4,782 (2024: £3,251) due to Goddard Perry Consulting Limited £41,936 (2024: £42,031) due to Hansard Stewart Investments Ltd and £2,370 (2024: £Nil) due to Pension Playpen Limited, companies in which the director has an interest.

Included in other debtors is £633 (2024 £263) due from HSI (Manchester Ltd, a company in which the director has an interest.

Included in other debtors is £15,000 (2024 £Nil) due from a director of the company.

7
Directors' transactions

During the year the company paid consultancy fees to Mr R Riddaway for services of £31,014 (202 4: £1,500). Mr R Riddaway is a company director.

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