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Registered number: 13068395
HD Machinery Ltd
Unaudited Financial Statements
For The Year Ended 31 December 2025
Accsys Accountants Limited
Contents
Page
Company Information 1
Balance Sheet 2
Notes to the Financial Statements 3—5
Page 1
Company Information
Directors Mr H J Durrant
Mrs A T Durrant
Company Number 13068395
Registered Office Trade Fair House 2 West Court
Enterprise Road
Maidstone
Kent
ME15 6JD
Accountants Accsys Accountants Limited
Chartered Accountants
Trade Fair House 2 West Court
Enterprise Road
Maidstone
Kent
ME15 6JD
Page 1
Page 2
Balance Sheet
Registered number: 13068395
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 125,820 57,522
125,820 57,522
CURRENT ASSETS
Stocks 5 69,631 95,030
Debtors 6 26,738 32,283
Cash at bank and in hand 39,819 23,429
136,188 150,742
Creditors: Amounts Falling Due Within One Year 7 (143,681 ) (79,882 )
NET CURRENT ASSETS (LIABILITIES) (7,493 ) 70,860
TOTAL ASSETS LESS CURRENT LIABILITIES 118,327 128,382
NET ASSETS 118,327 128,382
CAPITAL AND RESERVES
Called up share capital 8 150 150
Profit and Loss Account 118,177 128,232
SHAREHOLDERS' FUNDS 118,327 128,382
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.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
The financial statements were approved by the board of directors on 22 June 2026 and were signed on its behalf by:
Mr H J Durrant
Director
22/06/2026
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
HD Machinery Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 13068395 . The registered office is Trade Fair House 2 West Court, Enterprise Road, Maidstone, Kent, ME15 6JD.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Leasehold 25% on reducing balance
Plant & Machinery 25% on reducing balance
Motor Vehicles 25% on reducing balance
Fixtures & Fittings 25% on reducing balance
2.4. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
2.5. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
Page 3
Page 4
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2024: NIL)
1 -
4. Tangible Assets
Land & Property
Leasehold Plant & Machinery Motor Vehicles Fixtures & Fittings Total
£ £ £ £ £
Cost
As at 1 January 2025 23,547 52,138 17,000 229 92,914
Additions 81,307 15,130 - - 96,437
Disposals - (9,692 ) (17,000 ) - (26,692 )
As at 31 December 2025 104,854 57,576 - 229 162,659
Depreciation
As at 1 January 2025 12,379 11,860 11,023 130 35,392
Provided during the period 5,304 11,200 498 25 17,027
Disposals - (4,059 ) (11,521 ) - (15,580 )
As at 31 December 2025 17,683 19,001 - 155 36,839
Net Book Value
As at 31 December 2025 87,171 38,575 - 74 125,820
As at 1 January 2025 11,168 40,278 5,977 99 57,522
5. Stocks
2025 2024
£ £
Stock 69,631 95,030
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 21,240 25,620
Other debtors 5,498 6,663
26,738 32,283
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 35,778 40,417
Bank loans and overdrafts 23,040 32,067
Other creditors 79,957 4,800
Taxation and social security 4,906 2,598
143,681 79,882
Page 4
Page 5
8. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 150 150
Page 5