REGISTERED NUMBER: 06884213 (England and Wales)

Target English International (Hull) Ltd

Unaudited Financial Statements for the Year Ended 30 November 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

J Hordon

G Catacchio

U Greevy

REGISTERED OFFICE:

Office 1

Danish Buildings

44-46 High Street

Hull

East Yorkshire

HU1 1PS

REGISTERED NUMBER:

06884213 (England and Wales)

ACCOUNTANTS:

Smailes Goldie

Chartered Accountants

Regent's Court

Princess Street

Hull

East Yorkshire

HU2 8BA

FIXED ASSETS

Tangible assets

4

44,186

19,831

CURRENT ASSETS

Debtors

5

76,957

55,006

Cash at bank

599,593

630,758

676,550

685,764

CREDITORS

Amounts falling due within one year

6

174,982

279,087

NET CURRENT ASSETS

501,568

406,677

TOTAL ASSETS LESS CURRENT LIABILITIES

545,754

426,508

CREDITORS

Amounts falling due after more than one year

7

(16,314

)

(8,305

)

PROVISIONS FOR LIABILITIES

(3,991

)

(3,438

)

NET ASSETS

525,449

414,765

CAPITAL AND RESERVES

Called up share capital

9

70

70

Capital redemption reserve

30

30

Retained earnings

525,349

414,665

SHAREHOLDERS' FUNDS

525,449

414,765

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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 Profit and Loss has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 10 August 2026 and were signed on its behalf by:

J Hordon - Director

1.	STATUTORY INFORMATION

Target English International (Hull) Ltd 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.

The financial statements have been prepared on a going concern on the basis that it is the current intention of the directors to provide continuing financial support. The current health crisis in the country gives rise to many uncertainties and the directors will continue to monitor the situation in a fast changing environment.

Turnover

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

Tangible fixed assets

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

Plant and machinery etc

-

15% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss, 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.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

Government grants

Government grants in respect of capital expenditure are credited to the profit and loss account over the estimated lives of the relevant fixed assets. The amount shown in the balance sheet as deferred government grants represents the total grants receivable to date less the amounts so far released to profit and loss account.

Grants of a revenue nature which are made to give immediate financial support or to reimburse costs previously incurred are credited to profit and loss account in the period in which they become receivable.

Grants of a revenue nature which are made to finance general activities over a specified period or to compensate for a loss of current or future income are credited to profit and loss account in the period in which they are paid.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 35 (2024 - 39 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 December 2024

86,053

Additions

28,461

At 30 November 2025

114,514

DEPRECIATION

At 1 December 2024

66,222

Charge for year

4,106

At 30 November 2025

70,328

NET BOOK VALUE

At 30 November 2025

44,186

At 30 November 2024

19,831

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

20,932

14,092

Other debtors

56,025

40,914

76,957

55,006

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

-

67,414

Hire purchase contracts (see note 8)

4,449

-

Trade creditors

59,971

91,405

Taxation and social security

83,717

91,794

Other creditors

26,845

28,474

174,982

279,087

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

-

8,305

Hire purchase contracts (see note 8)

16,314

-

16,314

8,305

8.	LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase

contracts

2025

2024

£

£

Net obligations repayable:

Within one year

4,449

-

Between one and five years

16,314

-

20,763

-

Non-cancellable

operating leases

2025

2024

£

£

Within one year

18,931

9,825

Between one and five years

13,928

-

32,859

9,825

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

70

Ordinary

£1

70

70

10.	PENSION COMMITMENTS

During the year the company paid contributions to money purchase pension schemes of £4,766 (2024 £4,332). The amount outstanding at the year end was £Nil (2024 £656).

11.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 November 2025 and 30 November 2024:

2025

2024

£

£

J Hordon

Balance outstanding at start of year

-

86,588

Amounts advanced

440

76,789

Amounts repaid

(180

)

(163,377

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

260

-

12.	ULTIMATE CONTROLLING PARTY

The company is under the control of the directors who between them own a majority shareholding.