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Company Registration No. 01535178 (England and Wales)
Hobby Communications Limited Unaudited accounts for the year ended 31 December 2025
Hobby Communications Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Hobby Communications Limited Company Information for the year ended 31 December 2025
Directors
Kay Giddy Dean Alfred Giddy
Secretary
Kay Giddy
Company Number
01535178 (England and Wales)
Registered Office
15 Germander Way Bicester OX26 3WB England
Accountants
Tax Ninja Limited 32 Lucerne Avenue Bicester Oxfordshire OX26 3EL
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Hobby Communications Limited Statement of financial position as at 31 December 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
652,119
652,119
Current assets
Debtors
5
190,000
14,923
Cash at bank and in hand
278,159
401,629
468,159
416,552
Creditors: amounts falling due within one year
6
(12,552)
(21,400)
Net current assets
455,607
395,152
Total assets less current liabilities
1,107,726
1,047,271
Creditors: amounts falling due after more than one year
7
(48,000)
(48,000)
Net assets
1,059,726
999,271
Capital and reserves
Called up share capital
8
10,000
10,000
Profit and loss account
1,049,726
989,271
Shareholders' funds
1,059,726
999,271
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. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 17 August 2026 and were signed on its behalf by
Dean Alfred Giddy Director Company Registration No. 01535178
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Hobby Communications Limited Notes to the Accounts for the year ended 31 December 2025
1
Statutory information
Hobby Communications Limited is a private company, limited by shares, registered in England and Wales, registration number 01535178. The registered office is 15 Germander Way, Bicester, OX26 3WB, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
15% Reducing Balance
Fixtures & fittings
15% Reducing Balance
Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
Foreign exchange
Monetary 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 rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
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Hobby Communications Limited Notes to the Accounts for the year ended 31 December 2025
4
Tangible fixed assets
Land & buildings
Fixtures & fittings
Computer equipment
Total
£
£
£
£
Cost or valuation
At cost
At cost
At cost
At 1 January 2025
652,119
25,805
4,392
682,316
At 31 December 2025
652,119
25,805
4,392
682,316
Depreciation
At 1 January 2025
-
25,805
4,392
30,197
At 31 December 2025
-
25,805
4,392
30,197
Net book value
At 31 December 2025
652,119
-
-
652,119
At 31 December 2024
652,119
-
-
652,119
5
Debtors
2025
2024
£
£
Amounts falling due within one year
VAT
-
(77)
Other debtors
190,000
15,000
190,000
14,923
6
Creditors: amounts falling due within one year
2025
2024
£
£
VAT
77
-
Trade creditors
1,838
-
Taxes and social security
5,389
14,626
Other creditors
-
1,838
Loans from directors
5,248
4,936
12,552
21,400
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Other creditors
48,000
48,000
8
Share capital
2025
2024
£
£
Allotted, called up and fully paid:
10,000 Ordinary shares of £1 each
10,000
10,000
9
Average number of employees
During the year the average number of employees was 1 (2024: 1).
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