Hallco Industries Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 11144618

Hallco Industries Limited

Filleted Unaudited Financial Statements

31 December 2025

Hallco Industries Limited

Statement of Financial Position

31 December 2025

	2025		2024
Note	£	£	£

Fixed assets

Tangible assets	5		7,302	7,455

Current assets

Stocks		2,095	2,095
Debtors	6	28,886	39,584
Investments	7	–	1,007
Cash at bank and in hand		14,332	29,701
		--------	--------
		45,313	72,387

Creditors: amounts falling due within one year	8	14,536		14,385
		--------		--------
Net current assets			30,777	58,002
			--------	--------
Total assets less current liabilities			38,079	65,457
			--------	--------
Net assets			38,079	65,457
			--------	--------

Capital and reserves

Called up share capital	100	100
Investment by owner	860,000	860,000
Profit and loss account	( 822,021)	( 794,643)
	---------	---------
Shareholders funds	38,079	65,457
	---------	---------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 31 December 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 financial statements for the year in question in accordance with section 476 ;

- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Hallco Industries Limited

Statement of Financial Position (continued)

31 December 2025

These financial statements were approved by the board of directors and authorised for issue on 17 August 2026 , and are signed on behalf of the board by:

Mr A Leatherland
Director

Company registration number: 11144618

Hallco Industries Limited

Notes to the Financial Statements

Year ended 31 December 2025

1. General information

The company is a private company limited by shares, registered in England. The address of the registered office is Lyndhurst, 1 Cranmer Street, Long Eaton, Nottingham, NG10 1NJ, England.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied, stated net of discounts and of Value Added Tax.

Foreign currencies

Foreign currency transactions are initially recorded in the functional currency, by applying the spot exchange rate as at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the exchange rate ruling at the reporting date, with any gains or losses being taken to the profit and loss account.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Plant and machinery	-	20% straight line
Equipment	-	15% straight line
Computer & office equipment	-	15% straight line

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets.

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.

Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 1 (2024: 1 ).

5. Tangible assets

	Plant and machinery	Equipment	Computer & office equipment	Total
	£	£	£	£
Cost
At 1 January 2025	7,148	7,062	5,473	19,683
Additions	–	–	1,320	1,320
	-------	-------	-------	--------
At 31 December 2025	7,148	7,062	6,793	21,003
	-------	-------	-------	--------
Depreciation
At 1 January 2025	7,148	883	4,197	12,228
Charge for the year	–	1,059	414	1,473
	-------	-------	-------	--------
At 31 December 2025	7,148	1,942	4,611	13,701
	-------	-------	-------	--------
Carrying amount
At 31 December 2025	–	5,120	2,182	7,302
	-------	-------	-------	--------
At 31 December 2024	–	6,179	1,276	7,455
	-------	-------	-------	--------

6. Debtors

	2025	2024
	£	£
Trade debtors	27,186	35,418
Other debtors	1,700	4,166
	--------	--------
	28,886	39,584
	--------	--------

7. Investments

	2025	2024
	£	£
Other investments	–	1,007
	----	-------

8. Creditors: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	7,101	5,724
Social security and other taxes	1,120	2,721
Other creditors	6,315	5,940
	--------	--------
	14,536	14,385
	--------	--------