REGISTERED NUMBER: 05701827 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025

FOR

HAZELBANK STORES LIMITED

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

K Whyte

D C J Whyte

REGISTERED OFFICE:

7a Abbey Business Park

Monks Walk

Farnham

Surrey

GU9 8HT

REGISTERED NUMBER:

05701827 (England and Wales)

FIXED ASSETS

Intangible assets

4

158

633

Tangible assets

5

148,452

180,690

Investments

6

17,597

17,597

166,207

198,920

CURRENT ASSETS

Stocks

97,327

85,486

Debtors

942,152

948,083

Cash at bank and in hand

29,465

90,302

1,068,944

1,123,871

CREDITORS

Amounts falling due within one year

87,353

121,979

NET CURRENT ASSETS

981,591

1,001,892

TOTAL ASSETS LESS CURRENT LIABILITIES

1,147,798

1,200,812

CREDITORS

Amounts falling due after more than one year

(27,875

)

(55,972

)

PROVISIONS FOR LIABILITIES

(36,093

)

(34,451

)

NET ASSETS

1,083,830

1,110,389

CAPITAL AND RESERVES

Called up share capital

100

100

Share premium

19,990

19,990

Retained earnings

1,063,740

1,090,299

SHAREHOLDERS' FUNDS

1,083,830

1,110,389

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 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.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 July 2025 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 15 April 2026 and were signed on its behalf by:

D C J Whyte - Director

1.	STATUTORY INFORMATION

Hazelbank Stores 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

The financial statements have been prepared in accordance with the provisions of Section 1A ''Smaller Entities'' of Financial Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover

Turnover represents sales of food and household goods, excluding value added tax, sold during the year.

Turnover is recognised as the right to consideration arises and adjustments are made for accrued and deferred income.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2006 and a newspaper round in 2015, is amortised evenly over its estimated useful life of ten years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation less accumulated depreciation. Cost includes costs directly attributable to making the asset capable of operating as intended by management.

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

Plant and machinery

-

25% on reducing balance

Stocks

Stocks are stated at the lower of cost and estimated selling price, less costs to complete and sell. Cost includes all costs of purchase, including costs to bring stock to its present location and condition. Provision is made for damaged, obsolete and slow-moving stock where appropriate.

Financial instruments

The company enters into basic financial instruments, which result in the recognition of financial assets and liabilities. Financial instruments are recognised at amortised cost. At the end of each reporting period financial instruments are assessed for evidence of impairment, and changes are recognised in profit or loss.

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 tax represents the amount of tax payable or receivable in respect of the taxable profit (or loss) for the current or past reporting periods.

Deferred tax represents the future tax consequences of material transactions and events recognised in the financial statements of current and previous periods.

Current and deferred tax assets and liabilities are not discounted and are 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

Assets acquired under finance leases or hire purchase contracts are capitalised and depreciated in the same manner as other tangible fixed assets. Payments are apportioned between the finance charge and the capital amount and the related obligations, net of future finance charges, are included in creditors.

Pension costs and other post-retirement benefits

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

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 28 (2024 - 22 ) .

4.	INTANGIBLE FIXED ASSETS

Totals

£

COST

At 1 August 2024

and 31 July 2025

9,750

AMORTISATION

At 1 August 2024

9,117

Amortisation for year

475

At 31 July 2025

9,592

NET BOOK VALUE

At 31 July 2025

158

At 31 July 2024

633

5.	TANGIBLE FIXED ASSETS

Totals

£

COST OR VALUATION

At 1 August 2024

522,376

Additions

832

At 31 July 2025

523,208

DEPRECIATION

At 1 August 2024

341,686

Charge for year

33,070

At 31 July 2025

374,756

NET BOOK VALUE

At 31 July 2025

148,452

At 31 July 2024

180,690

6.	FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:

Totals

£

COST

At 1 August 2024

and 31 July 2025

17,597

NET BOOK VALUE

At 31 July 2025

17,597

At 31 July 2024

17,597

7.	RELATED PARTY DISCLOSURES

The following balances were due from related parties at the end of the reporting period:

2025

2024

£

£

2049 Holdings Limited

753,776

754,976

Shamley Green Stores Limited

162,965

157,522