Hoxton Circle Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 10086751

Hoxton Circle Limited

Filleted Unaudited Financial Statements

31 December 2025

Hoxton Circle Limited

Financial Statements

Year ended 31 December 2025

Contents	Page

Statement of financial position	1

Notes to the financial statements	3

Hoxton Circle Limited

Statement of Financial Position

31 December 2025

	2025		2024
Note	£	£	£	£

Fixed assets

Investments	5		154		154

Current assets

Debtors	6	177,504	161,236
Cash at bank and in hand		84,494	208,887
		---------	---------
		261,998	370,123

Creditors: amounts falling due within one year	7	3,025		24,393
		---------		---------
Net current assets			258,973		345,730
			---------		---------
Total assets less current liabilities			259,127		345,884
			---------		---------
Net assets			259,127		345,884
			---------		---------

Capital and reserves

Called up share capital	8	10,902	10,902
Share premium account		135,178	135,178
Profit and loss account		113,047	199,804
		---------	---------
Shareholders funds		259,127	345,884
		---------	---------

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 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

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

Hoxton Circle Limited

Statement of Financial Position (continued)

31 December 2025

These financial statements were approved by the board of directors and authorised for issue on 8 July 2026 , and are signed on behalf of the board by:

Mr B Westwood

Director

Company registration number: 10086751

Hoxton Circle Limited

Notes to the Financial Statements

Year ended 31 December 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 146 New London Road, Chelmsford, Essex, CM2 0AW, United Kingdom.

2. Statement of compliance

These financial statements have been prepared in compliance with the provisions of FRS 102 Section 1A small entities, '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.

Consolidation

The company has taken advantage of the option not to prepare consolidated financial statements contained in Section 398 of the Companies Act 2006 on the basis that the company and its subsidiary undertakings comprise a small group.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Foreign currencies

Foreign currency transactions are initially recorded in the functional currency, by applying the spot exchange rate as at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the exchange rate ruling at the reporting date, with any gains or losses being taken to the profit and loss account.

Investments

Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.

Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 2 (2024: 8 ).

For the current year, this consists of the directors only.

5. Investments

	Shares in group undertakings
	£
Cost
At 1 January 2025 and 31 December 2025	154
	----
Impairment
At 1 January 2025 and 31 December 2025	–
	----

Carrying amount
At 31 December 2025	154
	----
At 31 December 2024	154
	----

The company owns 100% of the issued share capital of Hoxton Circle Inc, a company incorporated in the USA.

6. Debtors

	2025	2024
	£	£
Trade debtors	–	2,880
Amounts owed by group undertakings	145,661	156,724
Prepayments and accrued income	13,226	468
Corporation tax repayable	17,900	–
Directors loan account	69	–
Other debtors	648	1,164
	---------	---------
	177,504	161,236
	---------	---------

7. Creditors: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	58	294
Accruals and deferred income	2,880	3,815
Corporation tax	–	18,681
Social security and other taxes	87	1,187
Director loan accounts	–	416
	-------	--------
	3,025	24,393
	-------	--------

8. Called up share capital

Issued, called up and fully paid

	2025		2024
	No.	£	No.	£
Ordinary A shares of £ 1 each	8,547	8,547	8,147	8,147
Ordinary B shares of £ 1 each	1,955	1,955	1,955	1,955
Ordinary C shares of £ 1 each	400	400	800	800
	--------	--------	--------	--------
	10,902	10,902	10,902	10,902
	--------	--------	--------	--------

9. Directors' advances, credits and guarantees

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

	2025
	Balance brought forward	Advances/ (credits) to the directors	Amounts repaid	Balance outstanding
	£	£	£	£
Mr B Westwood	( 416)	901	( 416)	69
	----	----	----	----

	2024
	Balance brought forward	Advances/ (credits) to the directors	Amounts repaid	Balance outstanding
	£	£	£	£
Mr B Westwood	( 96)	96	( 416)	( 416)
	----	----	----	----

10. Related party transactions

The company has taken advantage of the exemption granted under FRS 102 section 33.1A not to disclose transactions with group companies that are wholly owned.