HSP Group Limited iXBRL

Company Registration Number: 11456718

HSP Group Limited

Abridged Unaudited Financial Statements

for the financial year ended 31 July 2025

HSP Group Limited

Company Registration Number: 11456718

ABRIDGED BALANCE SHEET

as at 31 July 2025

		2025	2024
	Notes	£	£

Fixed Assets

Tangible assets

(30,000)

469,262

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Current Assets

Debtors

170,003

516

Cash at bank and in hand

291,353

300,973

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461,356

301,489

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Creditors: amounts falling due within one year

(352,856)

(987,248)

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Net Current Assets/(Liabilities)

108,500

(685,759)

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Total Assets less Current Liabilities

78,500

(216,497)

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Capital and Reserves

Called up share capital

Retained earnings

78,499

(216,498)

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Shareholders' Funds/(Deficit)

78,500

(216,497)

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The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A (Small Entities).

All of the members have consented to the preparation of abridged accounts in accordance with section 444(2A) of the Companies Act 2006.

The company has taken advantage of the exemption under section 444 not to file the Abridged Profit and Loss Account and Director's Report.

For the financial year ended 31 July 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.

The director confirms that the members have not required the company to obtain an audit of its financial statements for the financial year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for ensuring that the company keeps accounting records which comply with section 386 and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its profit and loss for the 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.

Approved by the Director and authorised for issue on 1 July 2026



________________________________
Mr Saeed Pakdel
Director

HSP Group Limited

NOTES TO THE ABRIDGED FINANCIAL STATEMENTS

for the financial year ended 31 July 2025

General Information

HSP Group Limited is a company limited by shares incorporated and registered in the England and Wales. The registered number of the company is 11456718. The registered office of the company is 277-279 Chiswick High Road, Chiswick, London, W4 4PU, United Kingdom. The principal activity of the company is Manufacture of food products. The financial statements have been presented in Pound (£) which is also the functional currency of the company.

Summary of Significant Accounting Policies

The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the company's financial statements.

Statement of compliance

The financial statements of the company for the financial year ended 31 July 2025 have been prepared in accordance with the provisions of FRS 102 Section 1A (Small Entities) and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared on the going concern basis and in accordance with the historical cost convention except for certain properties and financial instruments that are measured at revalued amounts or fair values, as explained in the accounting policies below. Historical cost is generally based on the fair value of the consideration given in exchange for assets.

Turnover

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when

The amount of revenue can be reliably measured

it is probable that future economic benefits will flow to the entity

and specific criteria have been met for each of the company's activities

Tangible assets and depreciation

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Land and buildings freehold

2% on cost

Trade and other debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Cash at bank and in hand

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade and other creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Taxation

Ordinary share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Employees

The average monthly number of employees, including director, during the financial year was 3, (2024 - 3).

2025

2024

Number

Number

The average number of persons employed by the comp

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4.	Tangible assets
		Land and	Total
		buildings
		freehold
		£	£
	Cost
	At 1 August 2024	484,262	484,262
	Additions	28,303	28,303
	Disposals	(512,565)	(512,565)
		─────────	─────────
	At 31 July 2025	-	-
		─────────	─────────
	Depreciation
	At 1 August 2024	15,000	15,000
	On disposals	15,000	15,000
		─────────	─────────
	At 31 July 2025	30,000	30,000
		─────────	─────────
	Net book value
	At 31 July 2025	(30,000)	(30,000)
		═════════	═════════
	At 31 July 2024	469,262	469,262
		═════════	═════════