REGISTERED NUMBER: 03422374 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 October 2025

for

Good Hand UK Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Ms L J Harding

Ms N L Stapleton

G W Stapleton

Mrs C Stapleton

SECRETARY:

Mrs C Stapleton

REGISTERED OFFICE:

Unit 16 Twizel Close

Stonebridge

Milton Keynes

Buckinghamshire

MK13 0DX

REGISTERED NUMBER:

03422374 (England and Wales)

ACCOUNTANTS:

Attwoods

Chartered Certified Accountants

182 Worcester Road

Bromsgrove

Worcestershire

B61 7AZ

FIXED ASSETS

Intangible assets

4

4,131

5,681

Tangible assets

5

942,676

887,193

946,807

892,874

CURRENT ASSETS

Stocks

304,752

312,648

Debtors

6

311,498

291,549

Cash at bank

899,912

857,262

1,516,162

1,461,459

CREDITORS

Amounts falling due within one year

7

447,135

503,385

NET CURRENT ASSETS

1,069,027

958,074

TOTAL ASSETS LESS CURRENT LIABILITIES

2,015,834

1,850,948

CREDITORS

Amounts falling due after more than one year

8

(30,022

)

(35,373

)

PROVISIONS FOR LIABILITIES

(118,456

)

(108,041

)

NET ASSETS

1,867,356

1,707,534

CAPITAL AND RESERVES

Called up share capital

5,102

5,102

Share premium

998

998

Revaluation reserve

10

357,179

319,679

Retained earnings

1,504,077

1,381,755

SHAREHOLDERS' FUNDS

1,867,356

1,707,534

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30 June 2026 and were signed on its behalf by:

G W Stapleton - Director

1.	STATUTORY INFORMATION

Good Hand UK Limited 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 as modified by the revaluation of certain assets.

Turnover

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

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.

Computer software is being amortised evenly over its estimated useful life of ten years.

Tangible fixed assets

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

Land and buildings

-

1% on cost

Plant and machinery etc

-

33% on reducing balance, 33% on cost, 25% on cost and 20% on cost

Stocks

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

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2024 - 9 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1 November 2024

and 31 October 2025

15,495

AMORTISATION

At 1 November 2024

9,814

Charge for year

1,550

At 31 October 2025

11,364

NET BOOK VALUE

At 31 October 2025

4,131

At 31 October 2024

5,681

5.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST OR VALUATION

At 1 November 2024

850,000

221,655

1,071,655

Additions

-

7,179

7,179

Disposals

-

(30,195

)

(30,195

)

Revaluations

50,000

-

50,000

At 31 October 2025

900,000

198,639

1,098,639

DEPRECIATION

At 1 November 2024

17,000

167,462

184,462

Charge for year

-

18,696

18,696

Eliminated on disposal

-

(30,195

)

(30,195

)

Revaluation adjustments

(17,000

)

-

(17,000

)

At 31 October 2025

-

155,963

155,963

NET BOOK VALUE

At 31 October 2025

900,000

42,676

942,676

At 31 October 2024

833,000

54,193

887,193

Cost or valuation at 31 October 2025 is represented by:

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

Valuation in 2023

426,238

-

426,238

Valuation in 2025

50,000

-

50,000

Cost

423,762

198,639

622,401

900,000

198,639

1,098,639

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

£

£

Trade debtors

291,083

275,495

Other debtors

20,415

16,054

311,498

291,549

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

£

£

Hire purchase contracts (see note 9)

5,351

5,351

Trade creditors

197,116

173,230

Taxation and social security

171,950

204,850

Other creditors

72,718

119,954

447,135

503,385

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.10.25

31.10.24

£

£

Hire purchase contracts (see note 9)

30,022

35,373

9.	LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase

contracts

31.10.25

31.10.24

£

£

Net obligations repayable:

Within one year

5,351

5,351

Between one and five years

30,022

35,373

35,373

40,724

Non-cancellable

operating leases

31.10.25

31.10.24

£

£

Within one year

11,626

11,903

Between one and five years

13,187

7,838

24,813

19,741

10.

RESERVES

Revaluation

reserve

£

At 1 November 2024

319,679

Revaluations

50,000

Deferred tax

(12,500

)

At 31 October 2025

357,179