REGISTERED NUMBER: 12734722 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025

FOR

HALFPINT QUARTERPINT LIMITED

Page

Company Information

1

Balance Sheet

2

to

3

Notes to the Financial Statements

4

to

7

DIRECTOR:

S J D Nash

REGISTERED OFFICE:

37 Walpole Close

Pinhoe

Exeter

Devon

EX4 8DW

REGISTERED NUMBER:

12734722 (England and Wales)

ACCOUNTANTS:

Sheppard Rockey & Williams Ltd

Sannerville Chase

Exminster

Exeter

Devon

EX6 8AT

FIXED ASSETS

Tangible assets

4

14,575

28,801

CURRENT ASSETS

Stocks

20,222

19,922

Debtors

5

27,753

22,671

Cash at bank and in hand

1,465

3,812

49,440

46,405

CREDITORS

Amounts falling due within one year

6

500,637

399,659

NET CURRENT LIABILITIES

(451,197

)

(353,254

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(436,622

)

(324,453

)

CREDITORS

Amounts falling due after more than one year

7

(2,477

)

(8,736

)

PROVISIONS FOR LIABILITIES

(8,061

)

(8,061

)

NET LIABILITIES

(447,160

)

(341,250

)

CAPITAL AND RESERVES

Called up share capital

9

100

100

Retained earnings

(447,260

)

(341,350

)

SHAREHOLDERS' FUNDS

(447,160

)

(341,250

)

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 director acknowledges his 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 director and authorised for issue on 29 May 2026 and were signed by:

S J D Nash - Director

1.	STATUTORY INFORMATION

Halfpint Quarterpint 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.

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 represents the invoiced value of goods and services supplied by the company, net of value added tax and trade discounts.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Fixtures and fittings

-

20% on cost

Computer equipment

-

25% on cost

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

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 accounts have been prepared on a going concern basis. The director has confirmed that sufficient funding will be made available to enable the company to continue trading for at least one year from the date of the approval of these accounts.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 26 (2024 - 28 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 August 2024

and 31 July 2025

68,902

2,782

71,684

DEPRECIATION

At 1 August 2024

40,752

2,131

42,883

Charge for year

13,778

448

14,226

At 31 July 2025

54,530

2,579

57,109

NET BOOK VALUE

At 31 July 2025

14,372

203

14,575

At 31 July 2024

28,150

651

28,801

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Fixtures

and

fittings

£

COST

At 1 August 2024

and 31 July 2025

43,720

DEPRECIATION

At 1 August 2024

26,232

Charge for year

8,744

At 31 July 2025

34,976

NET BOOK VALUE

At 31 July 2025

8,744

At 31 July 2024

17,488

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.25

31.7.24

£

£

Other debtors

27,753

22,671

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.25

31.7.24

£

£

Bank loans and overdrafts

349

-

Hire purchase contracts (see note 8)

15,516

15,895

Trade creditors

144,386

79,539

Taxation and social security

187,736

112,561

Other creditors

152,650

191,664

500,637

399,659

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.7.25

31.7.24

£

£

Hire purchase contracts (see note 8)

2,477

8,736

8.	LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase

contracts

31.7.25

31.7.24

£

£

Net obligations repayable:

Within one year

15,516

15,895

Between one and five years

2,477

8,736

17,993

24,631

Non-cancellable

operating leases

31.7.25

31.7.24

£

£

Within one year

39,521

77,087

Between one and five years

-

70,675

39,521

147,762

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.7.25

31.7.24

value:

£

£

50

Ordinary A

£1

50

50

50

Ordinary B

£1

50

50

100

100

10.	RELATED PARTY DISCLOSURES

Included in other creditors falling due within one year is a loan from the director amounting to £74,677 (2024: £72,233). The loan is interest free, unsecured and repayable on demand.