Company registration number 09499366 (England and Wales)
HPG LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2026
PAGES FOR FILING WITH REGISTRAR
HPG LTD
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 5
HPG LTD
BALANCE SHEET
AS AT
31 MARCH 2026
31 March 2026
- 1 -
2026
2025
Notes
£
£
£
£
Fixed assets
Tangible assets
4
803
748
Current assets
Debtors
5
1,372
726
Cash at bank and in hand
65,776
87,539
67,148
88,265
Creditors: amounts falling due within one year
6
(11,950)
(9,438)
Net current assets
55,198
78,827
Total assets less current liabilities
56,001
79,575
Provisions for liabilities
-
(142)
Net assets
56,001
79,433
Capital and reserves
Called up share capital
2
2
Profit and loss reserves
55,999
79,431
Total equity
56,001
79,433

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

T he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 6 June 2026 and are signed on its behalf by:
Mr P C Baker
Mrs N J Baker
Director
Director
Company registration number 09499366 (England and Wales)
HPG LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2026
- 2 -
1
Accounting policies
Company information

HPG Ltd is a private company limited by shares incorporated in England and Wales. The registered office is 2 Oakley Gardens, Betchworth, Surrey, England, RH3 7AZ.

1.1
Basis of preparation

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Going concern

A true t the time of approving the financial statements, t he directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus t he directors continue to adopt the going concern basis of accounting in preparing the financial statements.

1.3
Revenue

Revenue comprises sales of goods or services provided to customers net of value added tax and other sales taxes, less an appropriate deduction for actual and expected returns and discounts. Revenue is recognised when performance obligations are satisfied and the control of goods or services is transferred to the buyer. Where the performance obligation is satisfied over time, revenue is recognised in accordance with its progress towards complete satisfaction of that performance obligation.

When cash inflows are deferred and represent a financing arrangement, the promised consideration is adjusted for the effects of the time value of money, which is recognised as interest income.

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have passed to the buyer (usually on dispatch of the goods), the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the entity and the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Revenue from contracts for the provision of professional services is recognised by reference to the stage of completion when the stage of completion, costs incurred and costs to complete can be estimated reliably. The stage of completion is calculated by comparing costs incurred, mainly in relation to contractual hourly staff rates and materials, as a proportion of total costs. Where the outcome cannot be estimated reliably, revenue is recognised only to the extent of the expenses recognised that are recover able.

1.4
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

HPG LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
1
Accounting policies
(Continued)
- 3 -

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Plant and machinery
20% Straight line
Computers
25% Reducing balance
Motor vehicles
33% Straight line

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.

1.5
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Basic financial liabilities

Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future paymen ts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. A m ounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

1.6
Retirement benefits

The company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. The company has no legal or constructive obligations to pay further contributions if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

HPG LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
1
Accounting policies
(Continued)
- 4 -
2
Judgements and key sources of estimation uncertainty

In the application of the company’s accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

3
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2026
2025
Number
Number
Total
0
0
4
Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 April 2025
7,955
Additions
708
Disposals
(623)
At 31 March 2026
8,040
Depreciation and impairment
At 1 April 2025
7,207
Depreciation charged in the year
654
Eliminated in respect of disposals
(624)
At 31 March 2026
7,237
Carrying amount
At 31 March 2026
803
At 31 March 2025
748
HPG LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
- 5 -
5
Debtors
2026
2025
Amounts falling due within one year:
£
£
Trade debtors
744
-
0
Other debtors
628
726
1,372
726
6
Creditors: amounts falling due within one year
2026
2025
£
£
Trade creditors
54
141
Taxation and social security
18
(162)
Other creditors
11,878
9,459
11,950
9,438
2026-03-31 2025-04-01 false false false 07 June 2026 CCH Software CCH Accounts Production 2026.100 No description of principal activity Mr P C Baker Mrs N J Baker 09499366 2025-04-01 2026-03-31 09499366 2026-03-31 09499366 2025-03-31 09499366 core:OtherPropertyPlantEquipment 2026-03-31 09499366 core:OtherPropertyPlantEquipment 2025-03-31 09499366 core:CurrentFinancialInstruments core:WithinOneYear 2026-03-31 09499366 core:CurrentFinancialInstruments core:WithinOneYear 2025-03-31 09499366 core:CurrentFinancialInstruments 2026-03-31 09499366 core:CurrentFinancialInstruments 2025-03-31 09499366 core:ShareCapital 2026-03-31 09499366 core:ShareCapital 2025-03-31 09499366 core:RetainedEarningsAccumulatedLosses 2026-03-31 09499366 core:RetainedEarningsAccumulatedLosses 2025-03-31 09499366 bus:Director1 2025-04-01 2026-03-31 09499366 bus:Director2 2025-04-01 2026-03-31 09499366 core:PlantMachinery 2025-04-01 2026-03-31 09499366 core:ComputerEquipment 2025-04-01 2026-03-31 09499366 core:MotorVehicles 2025-04-01 2026-03-31 09499366 2024-04-01 2025-03-31 09499366 core:OtherPropertyPlantEquipment 2025-03-31 09499366 core:OtherPropertyPlantEquipment 2025-04-01 2026-03-31 09499366 bus:PrivateLimitedCompanyLtd 2025-04-01 2026-03-31 09499366 bus:SmallCompaniesRegimeForAccounts 2025-04-01 2026-03-31 09499366 bus:FRS102 2025-04-01 2026-03-31 09499366 bus:AuditExemptWithAccountantsReport 2025-04-01 2026-03-31 09499366 bus:FullAccounts 2025-04-01 2026-03-31 xbrli:pure xbrli:shares iso4217:GBP