1.
General Information
HSY INVESTMENT UK LTD
is a private company, limited by shares, incorporated in England & Wales, registered number
11060944
. The registered office is 143 Station Road, Hampton, Middlesex, TW12 2AL.
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.
Going Concern Disclosure
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
2.3.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes.
2.4.
Intangible Fixed Assets and Amortisation - Other Intangible
Other intangible asset is developments costs. It is amortised to the income statement over its estimated economic life of 5 years.
2.5.
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:
| Fixtures & Fittings |
|
| Computer Equipment |
|
2.6.
Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the income statement.
2.7.
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.
3.
Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2024: 1)
HSY INVESTMENT UK LTD
Notes to the Financial Statements (continued)
For The Year Ended 30 November 2025
4.
Tax on Profit
| Tax Rate | 2025 | 2024 | |||
|---|---|---|---|---|---|
| 2025 | 2024 | £ | £ | ||
| Current tax | |||||
| UK Corporation Tax | 23.8% | 24.0% |
|
|
|
| Deferred Tax | |||||
| Deferred taxation |
|
|
|||
| Total tax charge for the period |
|
|
|||
| 2025 | 2024 | ||||
|---|---|---|---|---|---|
| £ | £ | ||||
| Profit before tax | 22,802 | 79,006 | |||
| Breakdown of tax charge is: | |||||
| Tax on profit at 23.8% (UK standard rate) |
|
|
|||
| Goodwill/depreciation not allowed for tax |
|
|
|||
| Expenses not deductible for tax purposes |
|
( |
|||
| Capital allowances |
|
( |
|||
| Short term timing differences |
|
|
|||
| Total tax charge for the period | 5,608 | 19,308 | |||
5.
Intangible Assets
| Other | |||
|---|---|---|---|
| £ | |||
| Cost | |||
| As at 1 December 2024 |
|
||
| As at 30 November 2025 |
|
||
| Amortisation | |||
| As at 1 December 2024 |
|
||
| As at 30 November 2025 |
|
||
| Net Book Value | |||
| As at 30 November 2025 |
|
||
| As at 1 December 2024 |
|
||
HSY INVESTMENT UK LTD
Notes to the Financial Statements (continued)
For The Year Ended 30 November 2025
6.
Tangible Assets
| Fixtures & Fittings | Computer Equipment | Total | |
|---|---|---|---|
| £ | £ | £ | |
| Cost | |||
| As at 1 December 2024 |
|
|
|
| As at 30 November 2025 |
|
|
|
| Depreciation | |||
| As at 1 December 2024 |
|
|
|
| Provided during the period |
|
|
|
| As at 30 November 2025 |
|
|
|
| Net Book Value | |||
| As at 30 November 2025 |
|
|
|
| As at 1 December 2024 |
|
|
|
7.
Investment Property
| 2025 | |
|---|---|
| £ | |
| Fair Value | |
| As at 1 December 2024 and 30 November 2025 |
|
|
NET BOOK VALUE
|
|
|
At 30 November 2025
|
493,001
![1](data:image/svg+xml;utf8,<svg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 80 5" preserveAspectRatio="none"> <line x1="0" y1="1" x2="80" y2="1" stroke="black" shape-rendering="crispEdges"/> <line x1="0" y1="4" x2="80" y2="4" stroke="black" shape-rendering="crispEdges"/> </svg>){kind=small}
|
|
At 30 November 2024
|
493,001
|
|
Fair value at 30 November 2025 is represented by:
|
|
|
£
|
|
|
Valuation in 2021
|
(14,683)
|
|
Valuation in 2023
|
51,000
|
|
Valuation in 2024
|
48,386
|
|
Cost
|
408,298
![1](data:image/svg+xml;utf8,<svg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 80 2" preserveAspectRatio="none"> <line x1="0" y1="1" x2="80" y2="1" stroke="black" shape-rendering="crispEdges"/> </svg>){kind=small}
|
|
493,001
|
8.
Debtors
| 2025 | 2024 | ||
|---|---|---|---|
| £ | £ | ||
| Due within one year | |||
| Trade debtors |
|
|
|
| Other debtors | 757 | 1,662 | |
|
|
|
||
HSY INVESTMENT UK LTD
Notes to the Financial Statements (continued)
For The Year Ended 30 November 2025
9.
Creditors: Amounts Falling Due Within One Year
| 2025 | 2024 | ||
|---|---|---|---|
| £ | £ | ||
| Trade creditors |
|
|
|
| Other creditors | 311,172 | 337,539 | |
| Taxation and social security |
|
|
|
|
|
|
||
11.
Reserves
| Income Statement | |
|---|---|
| £ | |
| As at 1 December 2024 |
|
| Profit for the year and total comprehensive income |
|
| As at 30 November 2025 |
|
Reserves include an amount of £63,527 that relates to the net of tax revaluation of an Investment property. This amount is not distributable.