REGISTERED NUMBER: 14716493 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 APRIL 2024 TO 31 JULY 2025

FOR

HROES LIMITED

Page

Balance Sheet

1

Notes to the Financial Statements

3

FIXED ASSETS

Tangible assets

4

3,395

2,107

CURRENT ASSETS

Debtors

5

30,272

26,010

Cash at bank

8,129

244,625

38,401

270,635

CREDITORS

Amounts falling due within one year

6

(68,101

)

(28,655

)

NET CURRENT (LIABILITIES)/ASSETS

(29,700

)

241,980

TOTAL ASSETS LESS CURRENT LIABILITIES

(26,305

)

244,087

CREDITORS

Amounts falling due after more than one year

7

(940,799

)

(540,799

)

PROVISIONS FOR LIABILITIES

(849

)

(527

)

NET LIABILITIES

(967,953

)

(297,239

)

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

(967,954

)

(297,240

)

(967,953

)

(297,239

)

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

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

The director acknowledges her 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 24 April 2026 and were signed by:

E M Williams - Director

1.	STATUTORY INFORMATION

Hroes Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

14716493

Registered office:

One City West

Gelderd Road

Leeds

LS12 6NJ

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Computer equipment

-

33% on cost

Taxation

Taxation for the period comprises current and deferred tax. Tax is recognised in the Profit and 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 period 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.

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.

Going concern

The Balance Sheet on page 5 indicates that the company has net liabilities amounting to £967,953 as at 31 July 2025 (2024 £297,239). The ultimate controlling party has confirmed that he will continue to support the company, and therefore the directors consider it appropriate to prepare the financial statements on a going concern basis.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 7 (2024 - 5 ) .

4.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1 April 2024

2,453

Additions

3,573

At 31 July 2025

6,026

DEPRECIATION

At 1 April 2024

346

Charge for period

2,285

At 31 July 2025

2,631

NET BOOK VALUE

At 31 July 2025

3,395

At 31 March 2024

2,107

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

17,024

144

Other debtors

13,248

25,866

30,272

26,010

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

8,621

13,139

Taxation and social security

10,372

8,286

Other creditors

49,108

7,230

68,101

28,655

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Amounts owed to group undertakings

940,799

540,799

8.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2025

2024

£

£

Within one year

-

31,464

Between one and five years

-

16,020

-

47,484

9.	SECURED DEBTS

The intercompany loan with the parent company is a secured loan. A J Ford and J Ford are the Secured Parties.

10.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the periods ended 31 July 2025 and 31 March 2024:

2025

2024

£

£

E M Williams

Balance outstanding at start of period

800

-

Amounts advanced

-

800

Amounts repaid

-

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of period

800

800

M W Mitchell

Balance outstanding at start of period

4,676

-

Amounts advanced

-

4,676

Amounts repaid

(4,676

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of period

-

4,676

11.	ULTIMATE CONTROLLING PARTY

The immediate and ultimate parent company is Hroes Group Limited, a company incorporated in England and Wales, with registered office One City West, Gelderd Road, Leeds, England, LS12 6NJ.

The directors consider the ultimate controlling party to be Anthony John Ford, who is the majority shareholder of Hroes Group Limited, and who has provided loan finance to Hroes Limited.