High Class Hounds Limited 10764940 false 2024-04-30 2025-04-27 2025-04-27 The principal activity of the company is dog grooming services. Digita Accounts Production Advanced 6.30.9574.0 true 10764940 2024-04-30 2025-04-27 10764940 2025-04-27 10764940 bus:OrdinaryShareClass1 bus:Non-cumulativeShares 2025-04-27 10764940 core:CurrentFinancialInstruments 2025-04-27 10764940 core:CurrentFinancialInstruments core:WithinOneYear 2025-04-27 10764940 core:Non-currentFinancialInstruments 2025-04-27 10764940 core:Non-currentFinancialInstruments core:AfterOneYear 2025-04-27 10764940 core:FurnitureFittingsToolsEquipment 2025-04-27 10764940 core:LandBuildings 2025-04-27 10764940 1 2025-04-27 10764940 bus:SmallEntities 2024-04-30 2025-04-27 10764940 bus:AuditExemptWithAccountantsReport 2024-04-30 2025-04-27 10764940 bus:FilletedAccounts 2024-04-30 2025-04-27 10764940 bus:SmallCompaniesRegimeForAccounts 2024-04-30 2025-04-27 10764940 bus:RegisteredOffice 2024-04-30 2025-04-27 10764940 bus:Director1 2024-04-30 2025-04-27 10764940 bus:OrdinaryShareClass1 bus:Non-cumulativeShares 2024-04-30 2025-04-27 10764940 bus:PrivateLimitedCompanyLtd 2024-04-30 2025-04-27 10764940 core:FurnitureFittingsToolsEquipment 2024-04-30 2025-04-27 10764940 core:LandBuildings 2024-04-30 2025-04-27 10764940 countries:EnglandWales 2024-04-30 2025-04-27 10764940 1 2024-04-30 2025-04-27 10764940 2024-04-29 10764940 core:FurnitureFittingsToolsEquipment 2024-04-29 10764940 core:LandBuildings 2024-04-29 10764940 1 2024-04-29 10764940 2023-05-01 2024-04-29 10764940 2024-04-29 10764940 bus:OrdinaryShareClass1 bus:Non-cumulativeShares 2024-04-29 10764940 core:CurrentFinancialInstruments 2024-04-29 10764940 core:CurrentFinancialInstruments core:WithinOneYear 2024-04-29 10764940 core:Non-currentFinancialInstruments 2024-04-29 10764940 core:Non-currentFinancialInstruments core:AfterOneYear 2024-04-29 10764940 core:FurnitureFittingsToolsEquipment 2024-04-29 10764940 core:LandBuildings 2024-04-29 10764940 1 2024-04-29 10764940 1 2023-05-01 2024-04-29 10764940 1 2023-04-30 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 10764940

High Class Hounds Limited
Unaudited Filleted Financial Statements
for the Period from 30 April 2024 to 27 April 2025

High Class Hounds Limited

Contents

Balance Sheet | 1
Notes to the Unaudited Financial Statements | 2 to 7

High Class Hounds Limited

(Registration number: 10764940)
Balance Sheet as at 27 April 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Tangible assets | 4 | 178,937 | 754
Current assets |  |  |
Stocks |  | - | 2,000
Debtors | 5 | 7,826 | 21,578
Cash at bank and in hand |  | 445 | 919
|  | 8,271 | 24,497
Creditors: Amounts falling due within one year | 6 | (34,402) | (19,963)
Net current (liabilities)/assets |  | (26,131) | 4,534
Total assets less current liabilities |  | 152,806 | 5,288
Creditors: Amounts falling due after more than one year | 6 | (149,132) | -
Net assets |  | 3,674 | 5,288
Capital and reserves |  |  |
Called up share capital | 7 | 100 | 100
Retained earnings |  | 3,574 | 5,188
Shareholders' funds |  | 3,674 | 5,288

For the financial period ending 27 April 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 period in question in accordance with section 476; and
• | The director acknowledges her 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 20 July 2026

......................................... Miss J D Smith Director

High Class Hounds Limited

Notes to the Unaudited Financial Statements for the Period from 30 April 2024 to 27 April 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:
Strathallan
School Road
Blackpool
FY4 5EL

These financial statements were authorised for issue by the director on 20 July 2026.

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.

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 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 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.

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.

High Class Hounds Limited

Notes to the Unaudited Financial Statements for the Period from 30 April 2024 to 27 April 2025

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
Equipment | 20% per annum straight line basis

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 initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, 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 initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

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.

High Class Hounds Limited

Notes to the Unaudited Financial Statements for the Period from 30 April 2024 to 27 April 2025

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

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 period, was 1 (2024 - 2).

High Class Hounds Limited

Notes to the Unaudited Financial Statements for the Period from 30 April 2024 to 27 April 2025

4 | Tangible assets

| Land and buildings £ | Equipment £ | Total £
Cost
At 30 April 2024 | - | 2,818 | 2,818
Additions | 178,500 | - | 178,500
At 27 April 2025 | 178,500 | 2,818 | 181,318
Depreciation
At 30 April 2024 | - | 2,064 | 2,064
Charge for the period | - | 317 | 317
At 27 April 2025 | - | 2,381 | 2,381
Carrying amount
At 27 April 2025 | 178,500 | 437 | 178,937
At 29 April 2024 | - | 754 | 754

Included within the net book value of land and buildings above is £178,500 (2024 - £Nil) in respect of freehold land and buildings.

5 | Debtors

| 2025 £ | 2024 £
Other debtors | 7,826 | 21,578
| 7,826 | 21,578

High Class Hounds Limited

Notes to the Unaudited Financial Statements for the Period from 30 April 2024 to 27 April 2025

6 | Creditors

| Note | 2025 £ | 2024 £
Due within one year |  |  |
Loans and borrowings | 8 | 14,500 | -
Trade creditors |  | 5,500 | 5,500
Taxation and social security |  | 11,542 | 12,437
Accruals and deferred income |  | 2,860 | 2,026
|  | 34,402 | 19,963

| Note | 2025 £ | 2024 £
Due after one year |  |  |
Loans and borrowings | 8 | 149,132 | -

7 | Share capital

Allotted, called up and fully paid shares

| 2025 | 2024
| No. | £ | No. | £
Ordinary shares of £1 each | 100 | 100 | 100 | 100

8 | Loans and borrowings

Non-current loans and borrowings

| 2025 £ | 2024 £
Other borrowings | 149,132 | -

Current loans and borrowings

| 2025 £ | 2024 £
Other borrowings | 14,500 | -

High Class Hounds Limited

Notes to the Unaudited Financial Statements for the Period from 30 April 2024 to 27 April 2025

9 | Related party transactions

Transactions with the director

2025 | At 30 April 2024 £ | Advances to director £ | Repayments by director £ | At 27 April 2025 £
Loans to director | 21,578 | 7,826 | (21,578) | 7,826

2024 | At 1 May 2023 £ | Advances to director £ | Repayments by director £ | At 29 April 2024 £
Loans to director | 15,737 | 21,578 | (15,737) | 21,578