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Registration number: 03968174

Hinchliffe Hydraulics Limited
Unaudited Filleted Financial Statements
for the Year Ended 30 June 2026

Hinchliffe Hydraulics Limited

Contents

Company Information | 1
Balance Sheet | 2 to 3
Notes to the Unaudited Financial Statements | 4 to 7

Hinchliffe Hydraulics Limited

Company Information

Directors | Mr S Hinchliffe Mr S Thackeray

Registered office | East Common Lane Scunthorpe North Lincolnshire DN16 1AZ

Hinchliffe Hydraulics Limited

(Registration number: 03968174)
Balance Sheet as at 30 June 2026

| Note | 2026 £ | 2025 £
Fixed assets |  |  |
Tangible assets | 4 | 121,715 | 142,404
Current assets |  |  |
Stocks |  | 138,980 | 215,025
Debtors | 5 | 289,659 | 291,734
Cash at bank and in hand |  | 309,183 | 264,789
|  | 737,822 | 771,548
Creditors: Amounts falling due within one year | 6 | (113,461) | (126,374)
Net current assets |  | 624,361 | 645,174
Total assets less current liabilities |  | 746,076 | 787,578
Provisions for liabilities |  | (21,933) | (27,436)
Net assets |  | 724,143 | 760,142
Capital and reserves |  |  |
Called up share capital |  | 100 | 100
Retained earnings |  | 724,043 | 760,042
Shareholders' funds |  | 724,143 | 760,142

For the financial year ending 30 June 2026 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• | The members have not required the Company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• | The Directors acknowledge their 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 Directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 11 August 2026 and signed on its behalf by:

Hinchliffe Hydraulics Limited

(Registration number: 03968174)
Balance Sheet as at 30 June 2026

......................................... Mr S Hinchliffe Director
......................................... Mr S Thackeray Director

Hinchliffe Hydraulics Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2026

1 | General information

The Company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
East Common Lane
Scunthorpe
North Lincolnshire
DN16 1AZ

These financial statements were authorised for issue by the Board on 11 August 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.

The financial statements have been prepared in sterling and are rounded to the nearest pound.
The financial statements cover the individual entity, Hinchliffe Hydraulics Limited.

Going concern

The directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future, being a period of at least twelve months from the date of approval of these financial statements. Accordingly, the company continues to adopt the going concern basis in preparing the financial statements.

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.

Tax

The tax expense for the period comprises current and deferred 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 income 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.

Hinchliffe Hydraulics Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2026

Deferred income tax is recognised on temporary differences arising between the tax bases of assets and liabilities and their carrying amounts in the financial statements and on unused tax losses or tax credits in the Company. Deferred income tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.
The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit.

Tangible assets

Tangible assets are stated in the statement of financial position 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.

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
Plant and machinery | 15% on reducing balance
Motor vehicles | 20% on reducing balance
Improvements to property | 2% on reducing balance

Stocks

Stocks are valued at the lower of costs and estimated selling price less cost to sell.

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.

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 Directors) during the year, was 8 (2025 - 8).

Hinchliffe Hydraulics Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2026

4 | Tangible assets

| Land and buildings £ | Furniture, fittings and equipment £ | Motor vehicles £ | Total £
Cost or valuation
At 1 July 2025 | 9,352 | 393,581 | 9,034 | 411,967
Additions | - | 3,674 | - | 3,674
Disposals | - | (89,961) | (3,487) | (93,448)
At 30 June 2026 | 9,352 | 307,294 | 5,547 | 322,193
Depreciation
At 1 July 2025 | 584 | 262,868 | 6,111 | 269,563
Charge for the year | 175 | 23,584 | 604 | 24,363
Eliminated on disposal | - | (89,961) | (3,487) | (93,448)
At 30 June 2026 | 759 | 196,491 | 3,228 | 200,478
Carrying amount
At 30 June 2026 | 8,593 | 110,803 | 2,319 | 121,715
At 30 June 2025 | 8,768 | 130,713 | 2,923 | 142,404

Included within the net book value of land and buildings above is £8,593 (2025 - £8,768) in respect of freehold land and buildings.

5 | Debtors

Current | 2026 £ | 2025 £
Trade debtors | 234,809 | 267,810
Prepayments | 32,331 | 12,271
Other debtors | 22,519 | 11,653
| 289,659 | 291,734

Hinchliffe Hydraulics Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2026

6 | Creditors

Creditors: amounts falling due within one year

| 2026 £ | 2025 £
Due within one year |  |
Trade creditors | 60,292 | 55,047
Taxation and social security | 44,921 | 57,633
Accruals and deferred income | 5,670 | 5,400
Other creditors | 2,578 | 8,294
| 113,461 | 126,374

7 | Financial commitments, guarantees and contingencies

Amounts not provided for in the balance sheet

The total amount of financial commitments not included in the balance sheet is £123,793 (2025 - £75,284).

8 | Related party transactions

During the year, the company had transactions with individuals who served as directors until their retirement on 31 March 2026. At the reporting date, an amount of £20,569 (2025: £11,653) remained outstanding from these individuals, who continue to be shareholders of the company.
The outstanding balance is unsecured, had no fixed repayment date and interest has been charged at the official rate. The directors have assessed the balance as fully recoverable and, accordingly, no impairment provision has been recognised.