HERCULES OUTDOORS LTD - Filleted accounts

Registered number

07241712

HERCULES OUTDOORS LTD

Filleted Accounts

31 May 2025

HERCULES OUTDOORS LTD
Registered number:		07241712
Balance Sheet
as at 31 May 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		16,714			9,187

Current assets
Stocks		673,718			764,972
Debtors	4	46,953			37,711
Cash at bank and in hand		17,634			36,354
		738,305			839,037

Creditors: amounts falling due within one year	5	(250,573)			(311,373)

Net current assets			487,732			527,664

Total assets less current liabilities			504,446			536,851

Creditors: amounts falling due after more than one year	6		(63,485)			(73,995)



Net assets			440,961			462,856

Capital and reserves
Called up share capital			2			2
Profit and loss account			440,959			462,854

Shareholders' funds			440,961			462,856

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Mark TAYLOR
Director
Approved by the board on 22 May 2026

HERCULES OUTDOORS LTD
Notes to the Accounts
for the year ended 31 May 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	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 from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Freehold buildings	over 50 years
	Leasehold land and buildings	over the lease term
	Plant and machinery	over 5 years
	Fixtures, fittings, tools and equipment	over 5 years

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees			2025		2024
Number					Number

	Average number of persons employed by the company			2		2


3	Tangible fixed assets
		Plant and machinery etc		Motor vehicles		Total
£			£		£
	Cost
	At 1 June 2024	5,993		23,562		29,555
	Additions	-		12,799		12,799
	At 31 May 2025	5,993		36,361		42,354

	Depreciation
	At 1 June 2024	4,262		16,106		20,368
	Charge for the year	208		5,064		5,272
	At 31 May 2025	4,470		21,170		25,640

	Net book value
	At 31 May 2025	1,523		15,191		16,714
	At 31 May 2024	1,731		7,456		9,187


4	Debtors			2025		2024
£					£

	Trade debtors			44,994		35,752
	Other debtors			1,959		1,959
				46,953		37,711


5	Creditors: amounts falling due within one year			2025		2024
£					£

	Trade creditors			38,823		20,212
	Other creditors			211,750		291,161
				250,573		311,373


6	Creditors: amounts falling due after one year			2025		2024
£					£

	Bank loans			63,485		73,995


7	Other information

	HERCULES OUTDOORS LTD is a private company limited by shares and incorporated in England. Its registered office is:
	Unit 7 King Street
	Denton
	Manchester
	England
	M34 6HE