REGISTERED NUMBER: SC574006 (Scotland)

Unaudited Financial Statements

for the Year Ended 30 November 2025

for

HAPPY TRAMP NORTH LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

N J Webster

B J Palmer

REGISTERED OFFICE:

Moray Park, Findhorn Road

Forres

IV36 3TP

REGISTERED NUMBER:

SC574006 (Scotland)

ACCOUNTANTS:

Brown McLeod Limited

Chartered Accountants

The Old Workshop

1 Ecclesall Road South

Sheffield

South Yorkshire

S11 9PA

FIXED ASSETS

Tangible assets

4

440

587

CURRENT ASSETS

Debtors

5

163,018

48,127

Cash at bank

342,628

121,057

505,646

169,184

CREDITORS

Amounts falling due within one year

6

185,166

57,454

NET CURRENT ASSETS

320,480

111,730

TOTAL ASSETS LESS CURRENT LIABILITIES

320,920

112,317

CREDITORS

Amounts falling due after more than one year

7

-

(6,667

)

PROVISIONS FOR LIABILITIES

(84

)

(112

)

NET ASSETS

320,836

105,538

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

320,834

105,536

320,836

105,538

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 19 August 2026 and were signed on its behalf by:

N J Webster - Director

1.	STATUTORY INFORMATION

Happy Tramp North Ltd is a private company, limited by shares , registered in Scotland. 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.

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 the cost less estimated residual value of each asset over its estimated useful life.

Plant and machinery etc

-

25% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 December 2024

and 30 November 2025

1,408

DEPRECIATION

At 1 December 2024

821

Charge for year

147

At 30 November 2025

968

NET BOOK VALUE

At 30 November 2025

440

At 30 November 2024

587

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.25

30.11.24

£

£

Trade debtors

73,382

9,607

Other debtors

89,636

38,520

163,018

48,127

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.25

30.11.24

£

£

Bank loans and overdrafts

6,667

10,000

Intercompany Loan- Happy Tramp

3,910

910

Trade creditors

864

27,074

Taxation and social security

152,519

-

Other creditors

21,206

19,470

185,166

57,454

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.11.25

30.11.24

£

£

Bank loans

-

6,667

8.	RELATED PARTY DISCLOSURES

There is an Intercompany Loan owing to Happy Tramp Limited, which as of the 30.11.2025 stands at the amount of £3,909.86.