Company registration number 07844608 (England and Wales)
HARTLEPOOL FOYBOATMEN (SERVICES) LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
PAGES FOR FILING WITH REGISTRAR
HARTLEPOOL FOYBOATMEN (SERVICES) LIMITED
CONTENTS
Page
Balance sheet
1 - 2
Notes to the financial statements
3 - 7
HARTLEPOOL FOYBOATMEN (SERVICES) LIMITED
BALANCE SHEET
AS AT
31 DECEMBER 2025
31 December 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Intangible assets
3
126,000
147,000
Tangible assets
4
51,556
40,454
177,556
187,454
Current assets
Debtors
5
33,512
61,633
Cash at bank and in hand
300,374
224,694
333,886
286,327
Creditors: amounts falling due within one year
6
(60,885)
(60,211)
Net current assets
273,001
226,116
Total assets less current liabilities
450,557
413,570
Creditors: amounts falling due after more than one year
7
(8,936)
(12,395)
Provisions for liabilities
(1,212)
(4,852)
Net assets
440,409
396,323
Capital and reserves
Called up share capital
8
330
300
Profit and loss reserves
440,079
396,023
Total equity
440,409
396,323

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

For the financial year ended 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

T he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

HARTLEPOOL FOYBOATMEN (SERVICES) LIMITED
BALANCE SHEET (CONTINUED)
AS AT
31 DECEMBER 2025
31 December 2025
- 2 -
The financial statements were approved by the board of directors and authorised for issue on 3 August 2026 and are signed on its behalf by:
Mr J B Cowley
Director
Company Registration No. 07844608
HARTLEPOOL FOYBOATMEN (SERVICES) LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
- 3 -
1
Accounting policies
Company information

Hartlepool Foyboatmen (Services) Limited is a private company limited by shares incorporated in England and Wales. The registered office is 8 Regent Street, Hartlepool, United Kingdom, TS24 0QN.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Going concern

A true t the time of approving the financial statements, t he directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus t he directors continue to adopt the going concern basis of accounting in preparing the financial statements.

1.3
Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

1.4
Intangible fixed assets - goodwill

Goodwill represents the excess of the cost of acquisition of unincorporated businesses over the fair value of net assets acquired. It is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is considered to have a finite useful life and is amortised on a systematic basis over its expected life, which is 20 years. The directors have reviewed the policy and consider the current rate to be appropriate.

1.5
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Plant and machinery
10 - 25% reducing balance
Fixtures, fittings and equipment
10 - 25% reducing balance
Fishing licence
10% straight line
Motor vehicles
25% reducing balance
1.6
Impairment of fixed assets

At each reporting period end date, the company reviews the carrying amounts of its tangible and intangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). Where it is not possible to estimate the recoverable amount of an individual asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

HARTLEPOOL FOYBOATMEN (SERVICES) LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
1
Accounting policies
(Continued)
- 4 -
1.7
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.8
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are recorded at transaction price.

Basic financial liabilities

Basic financial liabilities, including creditors and bank loans, are initially recognised at transaction price.

1.9
Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

1.10
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised.

1.11
Employee benefits

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

HARTLEPOOL FOYBOATMEN (SERVICES) LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
1
Accounting policies
(Continued)
- 5 -
1.12
Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

1.13
Leases

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessees. All other leases are classified as operating leases.

Assets held under finance leases are recognised as assets at the lower of the assets fair value at the date of inception and the present value of the minimum lease payments. The related liability is included in the balance sheet as a finance lease obligation. Lease payments are treated as consisting of capital and interest elements. The interest is charged to profit or loss so as to produce a constant periodic rate of interest on the remaining balance of the liability.

Rentals payable under operating leases, including any lease incentives received, are charged to profit or loss on a straight line basis over the term of the relevant lease except where another more systematic basis is more representative of the time pattern in which economic benefits from the lease s asset are consumed.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was 5 (2024 - 5).

3
Intangible fixed assets
Goodwill
£
Cost
At 1 January 2025 and 31 December 2025
420,000
Amortisation and impairment
At 1 January 2025
273,000
Amortisation charged for the year
21,000
At 31 December 2025
294,000
Carrying amount
At 31 December 2025
126,000
At 31 December 2024
147,000
HARTLEPOOL FOYBOATMEN (SERVICES) LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
- 6 -
4
Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 January 2025
226,741
Additions
28,998
Disposals
(23,166)
At 31 December 2025
232,573
Depreciation and impairment
At 1 January 2025
186,287
Depreciation charged in the year
15,319
Eliminated in respect of disposals
(20,589)
At 31 December 2025
181,017
Carrying amount
At 31 December 2025
51,556
At 31 December 2024
40,454
5
Debtors
2025
2024
Amounts falling due within one year:
£
£
Trade debtors
28,841
57,541
Other debtors
4,671
4,092
33,512
61,633
6
Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
371
715
Corporation tax
49,289
50,273
Other taxation and social security
1,414
1,058
Other creditors
9,811
8,165
60,885
60,211

At the balance sheet date liabilities of £3,459 (2024 - £3,459) are secured on the assets of the company.

HARTLEPOOL FOYBOATMEN (SERVICES) LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
- 7 -
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Other creditors
8,936
12,395

At the balance sheet date liabilities of £8,936 (2024 - £12395) are secured on the assets of the company.

8
Called up share capital
2025
2024
2025
2024
Ordinary share capital
Number
Number
£
£
Issued and not fully paid
Ordinary shares of £1 each
330
300
330
300

During the year, the company issued 30 ordinary shares of £1 each at par. The consideration for these shares remained unpaid at the reporting date.

9
Directors' transactions

Dividends totalling £54,740 (2024 - £48,300) were paid in the year in respect of shares held by the company's directors.

2025-12-31 2025-01-01 false false false 03 August 2026 CCH Software CCH Accounts Production 2026.100 No description of principal activity Mr M A Chapple Mr J B Cowley 07844608 2025-01-01 2025-12-31 07844608 2025-12-31 07844608 2024-12-31 07844608 core:NetGoodwill 2025-12-31 07844608 core:NetGoodwill 2024-12-31 07844608 core:OtherPropertyPlantEquipment 2025-12-31 07844608 core:OtherPropertyPlantEquipment 2024-12-31 07844608 core:CurrentFinancialInstruments 2025-12-31 07844608 core:CurrentFinancialInstruments 2024-12-31 07844608 core:Non-currentFinancialInstruments 2025-12-31 07844608 core:Non-currentFinancialInstruments 2024-12-31 07844608 core:ShareCapital 2025-12-31 07844608 core:ShareCapital 2024-12-31 07844608 core:RetainedEarningsAccumulatedLosses 2025-12-31 07844608 core:RetainedEarningsAccumulatedLosses 2024-12-31 07844608 core:ShareCapitalOrdinaryShareClass1 2025-12-31 07844608 core:ShareCapitalOrdinaryShareClass1 2024-12-31 07844608 bus:Director2 2025-01-01 2025-12-31 07844608 core:Goodwill 2025-01-01 2025-12-31 07844608 core:PlantMachinery 2025-01-01 2025-12-31 07844608 core:FurnitureFittings 2025-01-01 2025-12-31 07844608 core:ComputerEquipment 2025-01-01 2025-12-31 07844608 core:MotorVehicles 2025-01-01 2025-12-31 07844608 2024-01-01 2024-12-31 07844608 core:NetGoodwill 2024-12-31 07844608 core:NetGoodwill 2025-01-01 2025-12-31 07844608 core:OtherPropertyPlantEquipment 2024-12-31 07844608 core:OtherPropertyPlantEquipment 2025-01-01 2025-12-31 07844608 core:CurrentFinancialInstruments core:WithinOneYear 2025-12-31 07844608 core:CurrentFinancialInstruments core:WithinOneYear 2024-12-31 07844608 bus:OrdinaryShareClass1 2025-01-01 2025-12-31 07844608 bus:OrdinaryShareClass1 2025-12-31 07844608 bus:OrdinaryShareClass1 2024-12-31 07844608 bus:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 07844608 bus:SmallCompaniesRegimeForAccounts 2025-01-01 2025-12-31 07844608 bus:FRS102 2025-01-01 2025-12-31 07844608 bus:AuditExemptWithAccountantsReport 2025-01-01 2025-12-31 07844608 bus:Director1 2025-01-01 2025-12-31 07844608 bus:FullAccounts 2025-01-01 2025-12-31 xbrli:pure xbrli:shares iso4217:GBP