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Registration number: 04618573

H T Products Limited
Annual Report and Unaudited Filleted Financial Statements
for the Year Ended 31 October 2025

H T Products Limited

Contents

Company Information | 1
Balance Sheet | 2 to 3
Notes to the Unaudited Financial Statements | 4 to 10

H T Products Limited

Company Information

Director | Mr Richard Douglas Collins

Company secretary | Mrs Sharon Denise Collins

Registered office | 39 High Street Battle East Sussex England TN33 0EE

Accountants | Manningtons Victoria House The Moor Hawkhurst Kent TN18 4NR

H T Products Limited

(Registration number: 04618573)
Balance Sheet as at 31 October 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Tangible assets | 5 | 3,066 | 4,092
Current assets |  |  |
Stocks | 6 | 108,000 | 95,000
Debtors | 7 | 32,726 | 60,705
Cash at bank and in hand |  | 21,005 | 4,728
|  | 161,731 | 160,433
Creditors: Amounts falling due within one year | 8 | (140,342) | (145,563)
Net current assets |  | 21,389 | 14,870
Total assets less current liabilities |  | 24,455 | 18,962
Creditors: Amounts falling due after more than one year | 8 | (21,632) | (27,085)
Provisions for liabilities |  | (583) | (653)
Net assets/(liabilities) |  | 2,240 | (8,776)
Capital and reserves |  |  |
Called up share capital |  | 500 | 500
Retained earnings |  | 1,740 | (9,276)
Shareholders' funds/(deficit) |  | 2,240 | (8,776)

For the financial year ending 31 October 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 accounts for the year in question in accordance with section 476; and
• | The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 14 July 2026

H T Products Limited

(Registration number: 04618573)
Balance Sheet as at 31 October 2025

Mr Richard Douglas Collins Director

H T Products Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2025

1 | General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
39 High Street
Battle
East Sussex
TN33 0EE
England

The principal place of business is:
Unit 3 B Hackhurst Lane Ind Est
Lower Dicker
Hailsham
East Sussex
BN27 4BW

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The presentation currency of the financial statements is the Pound Sterling (£).

Going concern

The financial statements have been prepared on a going concern basis. Although the company has historically operated with low net assets, the director has confirmed that he will continue to provide financial support for at least twelve months from the date of approval of these financial statements.
The director has reviewed projected trading performance, cash flow forecasts and banking facilities, and is satisfied that the company will have adequate resources to meet its obligations as they fall due. On this basis, the director considers that the going concern basis of preparation remains appropriate.

H T Products Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2025

Revenue recognition

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.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.
Unrelieved tax losses and other deferred tax assets are recognised when 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 and that are expected to apply to the reversal of the timing difference.

Tangible assets

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:

Asset class | Depreciation method and rate
Plant and machinery | 25% reducing balance
Fixtures, fittings and equipment | 25% reducing balance
Motor vehicles | 25% reducing balance

H T Products Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2025

Goodwill

Goodwill represents the excess of the cost of an acquired business over the fair value of the identifiable assets, liabilities and contingent liabilities at the date of acquisition. Goodwill is recognised as an intangible asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses.
Goodwill is amortised on a straight line basis over its estimated useful economic life. The directors consider that a reliable estimate of the useful life can be made and have determined this to be five years.
Goodwill is reviewed for indicators of impairment at each reporting date. If events or changes in circumstances indicate that the carrying amount may not be recoverable, an impairment loss is recognised in profit or loss.

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class | Amortisation method and rate
Goodwill | 5 years straight line

Cash and cash equivalents

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 debtors

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

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.
The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Trade 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 at the transaction price.

H T Products Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2025

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.
Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.
Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

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.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.
Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3 | Staff numbers

The average number of persons employed by the company (including the director) during the year, was 10 (2024 - 10).

H T Products Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2025

4 | Intangible assets

| Goodwill £ | Total £
Cost or valuation
At 1 November 2024 | 50,000 | 50,000
At 31 October 2025 | 50,000 | 50,000
Amortisation
At 1 November 2024 | 50,000 | 50,000
At 31 October 2025 | 50,000 | 50,000
Carrying amount
At 31 October 2025 | - | -

H T Products Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2025

5 | Tangible assets

| Furniture, fittings and equipment £ | Motor vehicles £ | Plant and machinery £ | Total £
Cost or valuation
At 1 November 2024 | 11,148 | 370 | 84,026 | 95,544
At 31 October 2025 | 11,148 | 370 | 84,026 | 95,544
Depreciation
At 1 November 2024 | 7,962 | 368 | 83,122 | 91,452
Charge for the year | 797 | 2 | 227 | 1,026
At 31 October 2025 | 8,759 | 370 | 83,349 | 92,478
Carrying amount
At 31 October 2025 | 2,389 | - | 677 | 3,066
At 31 October 2024 | 3,186 | 2 | 904 | 4,092

6 | Stocks

| 2025 £ | 2024 £
Work in progress | 58,000 | 45,000
Other inventories | 50,000 | 50,000
| 108,000 | 95,000

7 | Debtors

| 2025 £ | 2024 £
Trade debtors | 25,245 | 46,311
Prepayments | - | 6,910
Other debtors | 7,481 | 7,484
| 32,726 | 60,705

H T Products Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2025

8 | Creditors

Creditors: amounts falling due within one year

| Note | 2025 £ | 2024 £
Due within one year |  |  |
Bank loans and overdrafts | 9 | 5,556 | 5,556
Trade creditors |  | 51,923 | 56,372
Taxation and social security |  | 75,798 | 77,173
Accruals and deferred income |  | 2,000 | 2,000
Other creditors |  | 4,931 | 3,937
Director loan account |  | 134 | 525
|  | 140,342 | 145,563

Creditors: amounts falling due after more than one year

| Note | 2025 £ | 2024 £
Due after one year |  |  |
Loans and borrowings | 9 | 21,632 | 27,085

9 | Loans and borrowings

Non-current loans and borrowings

| 2025 £ | 2024 £
Bank borrowings | 21,632 | 27,085

Current loans and borrowings

| 2025 £ | 2024 £
Bank borrowings | 5,556 | 5,556

10 | Dividends

|  | 2025 |  | 2024
|  | £ |  | £
Interim dividend of £4,000.00 (2024 - £Nil) per ordinary share |  | 4,000 |  | -