REGISTERED NUMBER: 03653986 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 October 2025

for

Henderson Design Group Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

H M Fraser

I Henderson

SECRETARY:

H M Fraser

REGISTERED OFFICE:

28 Oakesway

HARTLEPOOL

TS24 0RE

REGISTERED NUMBER:

03653986 (England and Wales)

ACCOUNTANTS:

Clive Owen LLP

Chartered Accountants

Great North House

Allington Way

DARLINGTON

Co Durham

DL1 4QB

FIXED ASSETS

Intangible assets

4

38,988

58,127

Tangible assets

5

1,035,398

1,611,535

Investments

6

2

2

1,074,388

1,669,664

CURRENT ASSETS

Stocks

7

1,030,313

1,247,902

Debtors

8

319,428

105,957

Cash at bank and in hand

3,564,971

2,072,484

4,914,712

3,426,343

CREDITORS

Amounts falling due within one year

9

(1,512,269

)

(1,086,879

)

NET CURRENT ASSETS

3,402,443

2,339,464

TOTAL ASSETS LESS CURRENT LIABILITIES

4,476,831

4,009,128

PROVISIONS FOR LIABILITIES

11

(107,994

)

(170,383

)

NET ASSETS

4,368,837

3,838,745

CAPITAL AND RESERVES

Called up share capital

12

150

150

Retained earnings

4,368,687

3,838,595

SHAREHOLDERS' FUNDS

4,368,837

3,838,745

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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 22 June 2026 and were signed on its behalf by:

H M Fraser - Director

I Henderson - Director

1.	STATUTORY INFORMATION

Henderson Design Group Ltd 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 Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

There were no material departures from that standard.

The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.

Turnover

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

Income recognition

Income is recognised when a contract for the sale of goods is determined as unconditional.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses. Amortisation is charged over the estimated economic useful life of 3 years.

Tangible fixed assets

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

Freehold property

-

2% on cost

Improvements to property

-

20% on cost and 2% on cost

Fixtures and fittings

-

20% on cost and 15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on cost

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Stocks

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

Financial instruments

Basic financial instruments are recognised at amortised cost with changes recognised in profit or loss.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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.

Leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 57 (2024 - 53 ) .

4.	INTANGIBLE FIXED ASSETS

Development

costs

£

COST

At 1 November 2024

126,842

Additions

6,692

At 31 October 2025

133,534

AMORTISATION

At 1 November 2024

68,715

Amortisation for year

25,831

At 31 October 2025

94,546

NET BOOK VALUE

At 31 October 2025

38,988

At 31 October 2024

58,127

5.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

Freehold

to

and

property

property

fittings

£

£

£

COST

At 1 November 2024

1,163,247

94,042

1,245,476

Additions

-

-

64,009

Disposals

(521,146

)

(47,584

)

(14,864

)

At 31 October 2025

642,101

46,458

1,294,621

DEPRECIATION

At 1 November 2024

107,170

70,588

762,880

Charge for year

14,321

11,578

246,432

Eliminated on disposal

(61,504

)

(38,596

)

(14,254

)

At 31 October 2025

59,987

43,570

995,058

NET BOOK VALUE

At 31 October 2025

582,114

2,888

299,563

At 31 October 2024

1,056,077

23,454

482,596

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 November 2024

96,188

80,478

2,679,431

Additions

120,083

-

184,092

Disposals

-

(1,624

)

(585,218

)

At 31 October 2025

216,271

78,854

2,278,305

DEPRECIATION

At 1 November 2024

47,824

79,434

1,067,896

Charge for year

17,614

1,044

290,989

Eliminated on disposal

-

(1,624

)

(115,978

)

At 31 October 2025

65,438

78,854

1,242,907

NET BOOK VALUE

At 31 October 2025

150,833

-

1,035,398

At 31 October 2024

48,364

1,044

1,611,535

6.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 November 2024

and 31 October 2025

2

NET BOOK VALUE

At 31 October 2025

2

At 31 October 2024

2

7.

STOCKS

2025

2024

£

£

Raw materials

1,030,313

1,247,902

8.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

3,415

-

Director's loan account

-

36,898

Prepayments

316,013

69,059

319,428

105,957

9.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

11,835

25,738

Trade creditors

479,065

596,194

Taxation and social security

702,025

440,100

Other creditors

6,690

4,674

Accruals and deferred income

312,654

20,173

1,512,269

1,086,879

10.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2025

2024

£

£

Within one year

56,000

-

Between one and five years

200,373

-

256,373

-

In the year, the company entered into a lease agreement in respect of 28 Oakesway, Hartlepool, TS24 0RE.

11.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

107,994

170,383

Deferred

tax

£

Balance at 1 November 2024

170,383

Accelerated capital allowances

(62,389

)

Balance at 31 October 2025

107,994

12.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

100

Ordinary

£1

100

100

50

Ordinary 'A'

£1

50

50

150

150

All classes of share shall rank pari passu except on a return of capital on liquidation where the assets of the company, available for distribution among the members, shall be divided in line with the articles of association of the company.

13.	CAPITAL COMMITMENTS

2025

2024

£

£

Contracted but not provided for in the

financial statements

277,500

-

14.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 October 2025 and 31 October 2024:

2025

2024

£

£

H M Fraser

Balance outstanding at start of year

36,898

750

Amounts advanced

49,346

50,665

Amounts repaid

(86,244

)

(14,517

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

36,898

There were no interest charges during the year.

15.	RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

16.	ULTIMATE CONTROLLING PARTY

The ultimate controlling parties are Helen Fraser and Ian Henderson by virtue of their majority shareholdings.