Company No: 05047461 (England and Wales)

Contents

• Balance Sheet
• Notes to the Financial Statements

	Note	2025		2024
		£		£
Fixed assets
Tangible assets	4	150,519		163,321
		150,519		163,321
Current assets
Stocks	5	140,883		139,602
Debtors	6	153,926		132,351
Cash at bank and in hand	7	7,795		21,516
		302,604		293,469
Creditors: amounts falling due within one year	8	( 228,057)		( 204,659)
Net current assets		74,547		88,810
Total assets less current liabilities		225,066		252,131
Creditors: amounts falling due after more than one year	9	( 109,560)		( 150,403)
Net assets		115,506		101,728
Capital and reserves
Called-up share capital		2		2
Profit and loss account		115,504		101,726
Total shareholders' funds		115,506		101,728

For the financial year ending 30 September 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

• The members have not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of Susan Hilton Limited (registered number: 05047461) were approved and authorised for issue by the Director on 25 March 2026. They were signed on its behalf by:

Mrs S T Hilton Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Susan Hilton Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 45 Bridge Street, Darwen, BB3 2AA, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Intangible assets

Intangible assets are stated at cost or valuation, net of amortisation and any provision for impairment. Amortisation is provided on all intangible assets at rates to write off the cost or valuation of each asset over its expected useful life as follows:

Goodwill

10 years straight line

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Land and buildings	100 years straight line
Plant and machinery etc.	5 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Leases

The Company as lessee
Assets held under finance leases, hire purchase contracts and other similar arrangements, which confer rights and obligations similar to those attached to owned assets, are capitalised as tangible fixed assets at the fair value of the leased asset (or, if lower, the present value of the minimum lease payments as determined at the inception of the lease) and are depreciated over the shorter of the lease terms and their useful lives. The capital elements of future lease obligations are recorded as liabilities, while the interest elements are charged to the Profit and Loss Account over the period of the leases to produce a constant periodic rate of interest on the remaining balance of the liability.

Rentals under operating leases are charged on a straight-line basis over the lease term, even if the payments are not made on such a basis. Benefits received and receivable as an incentive to sign an operating lease are similarly spread on a straight-line basis over the lease term.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Profit and Loss Account as described below.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to sell, which is equivalent to the net realisable value. Cost includes materials, direct labour and an attributable proportion of manufacturing overheads based on normal levels of activity. Cost is calculated using the FIFO (first-in, first-out) method. Provision is made for obsolete, slow-moving or defective items where appropriate.

At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.

2. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including the director	12		12

3. Intangible assets

	Goodwill		Total
	£		£
Cost
At 01 October 2024	139,701		139,701
At 30 September 2025	139,701		139,701
Accumulated amortisation
At 01 October 2024	139,701		139,701
At 30 September 2025	139,701		139,701
Net book value
At 30 September 2025	0		0
At 30 September 2024	0		0

4. Tangible assets

	Land and buildings		Plant and machinery etc.		Total
	£		£		£
Cost
At 01 October 2024	118,201		176,626		294,827
Additions	0		1,260		1,260
At 30 September 2025	118,201		177,886		296,087
Accumulated depreciation
At 01 October 2024	12,488		119,018		131,506
Charge for the financial year	892		13,170		14,062
At 30 September 2025	13,380		132,188		145,568
Net book value
At 30 September 2025	104,821		45,698		150,519
At 30 September 2024	105,713		57,608		163,321

5. Stocks

	2025		2024
	£		£
Stocks	140,883		139,602

6. Debtors

	2025		2024
	£		£
Trade debtors	138,438		113,983
Other debtors	15,488		18,368
	153,926		132,351

7. Cash and cash equivalents

	2025		2024
	£		£
Cash at bank and in hand	7,795		21,516
Less: Bank overdrafts	( 13,722)		( 13,351)
	(5,927)		8,165

8. Creditors: amounts falling due within one year

	2025		2024
	£		£
Bank loans and overdrafts	56,436		49,150
Trade creditors	116,720		97,362
Taxation and social security	12,570		16,136
Obligations under finance leases and hire purchase contracts	5,736		5,736
Other creditors	36,595		36,275
	228,057		204,659

9. Creditors: amounts falling due after more than one year

	2025		2024
	£		£
Bank loans	0		35,107
Obligations under finance leases and hire purchase contracts	9,560		15,296
Other creditors	100,000		100,000
	109,560		150,403

There are no amounts included above in respect of which any security has been given by the small entity.