REGISTERED NUMBER: 05874715 (England and Wales)

HINGSTONS ANTIQUES LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

N T Hingston

Mrs L C Hingston

SECRETARY:

Mrs L C Hingston

REGISTERED OFFICE:

Highland House

Mayflower Close

Chandlers Ford

Eastleigh

Hampshire

SO53 4AR

REGISTERED NUMBER:

05874715 (England and Wales)

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

71,045

53,587

71,045

53,587

CURRENT ASSETS

Stocks

262,500

260,000

Debtors

6

4,693

3,755

Cash at bank and in hand

338,412

314,866

605,605

578,621

CREDITORS

Amounts falling due within one year

7

(131,783

)

(128,932

)

NET CURRENT ASSETS

473,822

449,689

TOTAL ASSETS LESS CURRENT LIABILITIES

544,867

503,276

CREDITORS

Amounts falling due after more than one year

8

(39,722

)

(41,619

)

PROVISIONS FOR LIABILITIES

(17,762

)

(13,397

)

NET ASSETS

487,383

448,260

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

487,283

448,160

SHAREHOLDERS' FUNDS

487,383

448,260

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 6 July 2026 and were signed on its behalf by:

N T Hingston - Director

1.	STATUTORY INFORMATION

Hingstons Antiques 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.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with FRS102 "The Financial Reporting Standards 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 FRS102 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 amounts in these financial statements are rounded to the nearest £1.

The financial statements have been prepared under the historical cost convention, modified to include certain financial instruments at fair value. The principal accounting policies adopted are set out below.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2015, is being amortised evenly over its estimated useful life of five years.

Goodwill has been fully amortised at the balance sheet date.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

Improvements to property

-

Straight line over 5 years

Plant and machinery

-

Straight line over 5 years

Fixtures and fittings

-

Straight line over 5 years

Motor vehicles

-

25% Reducing balance

Computer equipment

-

Straight line over 4 years

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 recognised in the income statement.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Equity instruments

Equity instruments issued by the company are recorded at the fair value of the proceeds received net of direct issue costs. Dividend's payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

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.

Financial assets

The Company has elected to apply the provision of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments.

Financial assets are recognised in the company's statement of financial position when the company becomes party to the contractual provisions of the instrument.

Basic financial assets, which include trade and other receivables 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 financial transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Financial liabilities

Basic financial liabilities which include trade and other payables, are initially measured at transaction price and subsequently measured at amortised cost, unless the arrangement constitutes a financing transaction where the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 3 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 January 2025

and 31 December 2025

75,000

AMORTISATION

At 1 January 2025

and 31 December 2025

75,000

NET BOOK VALUE

At 31 December 2025

-

At 31 December 2024

-

5.	TANGIBLE FIXED ASSETS

Fixtures

Improvements

Plant and

and

to property

machinery

fittings

£

£

£

COST

At 1 January 2025

6,816

5,424

4,999

Additions

-

-

-

Disposals

-

-

-

At 31 December 2025

6,816

5,424

4,999

DEPRECIATION

At 1 January 2025

6,816

5,424

4,999

Charge for year

-

-

-

Eliminated on disposal

-

-

-

At 31 December 2025

6,816

5,424

4,999

NET BOOK VALUE

At 31 December 2025

-

-

-

At 31 December 2024

-

-

-

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 January 2025

73,769

4,122

95,130

Additions

37,933

515

38,448

Disposals

(19,573

)

-

(19,573

)

At 31 December 2025

92,129

4,637

114,005

DEPRECIATION

At 1 January 2025

20,182

4,122

41,543

Charge for year

19,303

22

19,325

Eliminated on disposal

(17,908

)

-

(17,908

)

At 31 December 2025

21,577

4,144

42,960

NET BOOK VALUE

At 31 December 2025

70,552

493

71,045

At 31 December 2024

53,587

-

53,587

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

-

1,950

Other debtors

4,693

1,805

4,693

3,755

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Hire purchase contracts

1,897

1,897

Trade creditors

143

6,115

Taxation and social security

26,788

15,867

Other creditors

102,955

105,053

131,783

128,932

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Hire purchase contracts

39,722

41,619

9.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Hire purchase contracts

41,619

43,516

Hire purchase contracts are secured upon the assets to which they relate.