Hillcrest Leisure Products Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 04681898

Hillcrest Leisure Products Limited

Filleted Unaudited Financial Statements

30 September 2025

Hillcrest Leisure Products Limited

Financial Statements

Year ended 30 September 2025

Contents	Page

Officers and professional advisers	1

Chartered accountants report to the director on the preparation of the unaudited statutory financial statements	2

Statement of financial position	3

Notes to the financial statements	5

Hillcrest Leisure Products Limited

Officers and Professional Advisers

Director	J Lac

Company Secretary	J Lac

Registered Office	37A Birmingham New Road
	Wolverhampton
	West Midlands
	WV4 6BL

Accountants	Howell Davies Limited
	Chartered Accountants
	Tudor House
	37a Birmingham New Road
	Wolverhampton
	West Midlands
	WV4 6BL

Hillcrest Leisure Products Limited

Chartered Accountants Report to the Director on the Preparation of the Unaudited Statutory Financial Statements of Hillcrest Leisure Products Limited

Year ended 30 September 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Hillcrest Leisure Products Limited for the year ended 30 September 2025, which comprise the statement of financial position and the related notes from the company's accounting records and from information and explanations you have given us. As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at www.icaew.com/en/membership/regulations-standards-and-guidance. Our work has been undertaken in accordance with ICAEW Technical Release 07/16 AAF as detailed at www.icaew.com/compilation. Howell Davies Limited Chartered Accountants

Tudor House 37a Birmingham New Road Wolverhampton West Midlands WV4 6BL

10 June 2026

Hillcrest Leisure Products Limited

Statement of Financial Position

30 September 2025

	2025		2024
Note	£	£	£

Fixed Assets

Tangible assets	4		580	773

Current Assets

Stocks		3,000	5,000
Debtors	5	33,455	7,968
Cash at bank and in hand		49,056	58,600
		--------	--------
		85,511	71,568

Creditors: amounts falling due within one year	6	11,847		2,506
		--------		--------
Net Current Assets			73,664	69,062
			--------	--------
Total Assets Less Current Liabilities			74,244	69,835

Creditors: amounts falling due after more than one year	7	25,926	31,482
		--------	--------
Net Assets		48,318	38,353
		--------	--------

Capital and Reserves

Called up share capital	2	2
Profit and loss account	48,316	38,351
	--------	--------
Shareholders Funds	48,318	38,353
	--------	--------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the 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 year in question in accordance with section 476 ;

- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Hillcrest Leisure Products Limited

Statement of Financial Position (continued)

30 September 2025

These financial statements were approved by the board of directors and authorised for issue on 10 June 2026 , and are signed on behalf of the board by:

J Lac
Director

Company registration number: 04681898

Hillcrest Leisure Products Limited

Notes to the Financial Statements

Year ended 30 September 2025

1. General Information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 37A Birmingham New Road, Wolverhampton, West Midlands, WV4 6BL.

2. Statement of Compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting Policies

Basis of Preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue Recognition

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Income Tax

The charge for taxation takes into account taxation deferred as a result of timing differences between the treatment of certain items for taxation and accounting purposes. In general, deferred taxation is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date. However, deferred tax assets are recognised only to the extent that the directors consider that it is more likely than not that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred taxation is measured on a non-discounted basis at the average tax rates that would apply when the timing differences are expected to reverse, based on tax rates and laws that have been enacted by the balance sheet date.

Tangible Assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Motor Vehicles	-	25% reducing balance
Office Equipment	-	25% reducing balance

Impairment of Fixed Assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.

4. Tangible Assets

Motor vehicles	Office Equipment	Total
£	£	£

Cost
At 1 October 2024 and 30 September 2025	7,500	3,818	11,318
	-------	-------	--------
Depreciation
At 1 October 2024	7,078	3,467	10,545
Charge for the year	105	88	193
	-------	-------	--------
At 30 September 2025	7,183	3,555	10,738
	-------	-------	--------
Carrying amount
At 30 September 2025	317	263	580
	-------	-------	--------
At 30 September 2024	422	351	773
	-------	-------	--------

5. Debtors

	2025	2024
	£	£

Trade debtors	–	459
Other debtors	33,455	7,509
	--------	-------
	33,455	7,968
	--------	-------

6. Creditors: amounts falling due within one year

	2025	2024
	£	£

Bank loans and overdrafts	7,535	64
Trade creditors	451	–
Corporation tax	2,607	1,067
Other creditors	1,254	1,375
	--------	-------
	11,847	2,506
	--------	-------

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

	2025	2024
	£	£

Bank loans and overdrafts	25,926	31,482
	--------	--------

8. Director's Advances, Credits and Guarantees

During the year the director entered into the following advances and credits with the company:

2025
Balance brought forward	Advances/ (credits) to the director	Balance outstanding
£	£	£

J Lac	5,739	27,118	32,857
	-------	--------	--------

2024
Balance brought forward	Advances/ (credits) to the director	Balance outstanding
£	£	£

J Lac	2,802	2,937	5,739
	-------	-------	-------

9. Related Party Transactions

The company was under the control of Mr Lac throughout the current and previous year. Mr Lac is the managing director and majority shareholder.