Hobson Test Centre Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 07092979

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	5		48,864		7,717

			48,864		7,717
CURRENT ASSETS
Stocks	6	10,509		8,550
Debtors	7	1,186		-
Cash at bank and in hand		18,466		9,527

		30,161		18,077
Creditors: Amounts Falling Due Within One Year	8	(23,836 )		(15,664 )

NET CURRENT ASSETS (LIABILITIES)			6,325		2,413

TOTAL ASSETS LESS CURRENT LIABILITIES			55,189		10,130

Creditors: Amounts Falling Due After More Than One Year	9		(36,431 )		-

NET ASSETS			18,758		10,130

CAPITAL AND RESERVES
Called up share capital	11		110		100
Profit and Loss Account			18,648		10,030

SHAREHOLDERS' FUNDS			18,758		10,130

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Hobson Test Centre Ltd

Balance Sheet (continued)

As At 31 March 2026

For the year ending 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

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

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Stephen Johnson

Director

19/05/2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Hobson Test Centre Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 07092979 . The registered office is Unit 2 Planet Place, George Stephenson Industrial Estate, Killingworth, Newcastle Upon Tyne, NE12 6DY.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Intangible Fixed Assets and Amortisation - Goodwill

Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of 5 years.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	20% Straight Line
Motor Vehicles	25% Reducing Balance

2.5. Leasing and Hire Purchase Contracts

Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.

2.6. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 4 (2025: 4)

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Hobson Test Centre Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

4. Intangible Assets

	Goodwill
	£
Cost
As at 1 April 2025	60,000

As at 31 March 2026	60,000

Amortisation
As at 1 April 2025	60,000

As at 31 March 2026	60,000

Net Book Value
As at 31 March 2026	-

As at 1 April 2025	-

5. Tangible Assets

	Plant & Machinery	Motor Vehicles	Total
	£	£	£
Cost
As at 1 April 2025	19,372	11,100	30,472
Additions	54,176	-	54,176

As at 31 March 2026	73,548	11,100	84,648

Depreciation
As at 1 April 2025	17,899	4,856	22,755
Provided during the period	11,468	1,561	13,029

As at 31 March 2026	29,367	6,417	35,784

Net Book Value
As at 31 March 2026	44,181	4,683	48,864

As at 1 April 2025	1,473	6,244	7,717

6. Stocks

	2026	2025
	£	£
Stock	10,509	8,550

7. Debtors

	2026	2025
	£	£
Due within one year
Prepayments and accrued income	1,186	-

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Hobson Test Centre Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

8. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Net obligations under finance lease and hire purchase contracts	9,892	-
Trade creditors	1,729	2,637
Corporation tax	499	8,732
Other taxes and social security	1,921	1,016
VAT	4,105	3,249
Directors' loan accounts	5,690	30

	23,836	15,664

9. Creditors: Amounts Falling Due After More Than One Year

	2026	2025
	£	£
Net obligations under finance lease and hire purchase contracts	36,431	-

10. Obligations Under Finance Leases and Hire Purchase

	2026	2025
	£	£
The future minimum finance lease payments are as follows:
Not later than one year	9,892	-
Later than one year and not later than five years	36,431	-

	46,323	-

	46,323	-

11. Share Capital

	2026	2025
	£	£
Allotted, Called up and fully paid	110	100

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