REGISTERED NUMBER: 02050982 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 September 2025

for

Hampshire Business Computers Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs L A Penfound

Mr D D Ross

REGISTERED OFFICE:

1 Park Court Premier Way

Abbey Park Industrial Estate

Romsey

Hampshire

SO51 9DN

REGISTERED NUMBER:

02050982 (England and Wales)

ACCOUNTANTS:

Talbot Accounting Solutions LLP

Bartley Cottage

Ringwood Road

Bartley

Southampton

Hampshire

SO40 7LD

FIXED ASSETS

Tangible assets

4

60,044

51,868

Investments

5

354,663

354,663

414,707

406,531

CURRENT ASSETS

Stocks

63,317

38,385

Debtors

6

796,969

515,214

Cash at bank and in hand

319,886

223,148

1,180,172

776,747

CREDITORS

Amounts falling due within one year

7

989,765

708,341

NET CURRENT ASSETS

190,407

68,406

TOTAL ASSETS LESS CURRENT LIABILITIES

605,114

474,937

PROVISIONS FOR LIABILITIES

15,011

12,965

NET ASSETS

590,103

461,972

CAPITAL AND RESERVES

Called up share capital

1,002

1,002

Other reserves

(3,023,188

)

(2,577,402

)

Retained earnings

3,612,289

3,038,372

590,103

461,972

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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 12 May 2026 and were signed on its behalf by:

Mrs L A Penfound - Director

1.	STATUTORY INFORMATION

Hampshire Business Computers 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.

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.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

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 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.

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.

Leases

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessees. All other leases are classified as operating leases.

Assets held under finance leases are recognised as assets at the lower of the assets fair value at the date of inception and the present value of the minimum lease payments. The related liability is included in the balance sheet as a finance lease obligation. Lease payments are treated as consisting of capital and interest elements. The interest is charged to profit or loss so as to produce a constant periodic rate of interest on the remaining balance of the liability.

Rentals payable under operating leases, including any lease incentives received, are charged to profit or loss on a straight line basis over the term of the relevant lease except where another more systematic basis is more representative of the time pattern in which economic benefits from the leases asset are consumed.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 20 (2024 - 20 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 October 2024

308,741

Additions

24,116

Disposals

(398

)

At 30 September 2025

332,459

DEPRECIATION

At 1 October 2024

256,873

Charge for year

15,846

Eliminated on disposal

(304

)

At 30 September 2025

272,415

NET BOOK VALUE

At 30 September 2025

60,044

At 30 September 2024

51,868

5.	FIXED ASSET INVESTMENTS

Interests in subsidiaries are initially measured at cost and subsequently measured at cost less any accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in profit or loss.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.25

30.9.24

£

£

Trade debtors

736,876

464,752

Other debtors

60,093

50,462

796,969

515,214

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.25

30.9.24

£

£

Hire purchase contracts

-

1,417

Trade creditors

194,763

199,657

Amounts owed to group undertakings

6,655

4,663

Taxation and social security

398,885

226,395

Other creditors

389,462

276,209

989,765

708,341

8.	CONTINGENT LIABILITIES

The sale to The Employee Ownership Trust ("EOT") occurred in November 2021 and further funding will come from future resources available within the group without adversely affecting liquidity. This will ensure business continuity and funds for profitable growth.

The transaction was financed by an initial capital contribution to the EOT, and further capital contributions anticipated over the coming years. The capital contributions being structured to be affordable by reference to prudent base cash forecasts.

9.	OTHER RESERVE MOVEMENT

In November 2021 an Employee Ownership Trust was set up for the group for the benefit of the employees. Other movements in reserves represents the cash distributions made in connection with the formation of this Employee Ownership Trust.