Company No: 14700360 (England and Wales)

Contents

• Company Information
• Balance Sheet
• Notes to the Financial Statements

DIRECTORS	David Antony Brown
	Helen Ruth Brown

REGISTERED OFFICE	Wellington House Aviator Court
	Clifton Moor
	York
	YO30 4UZ
	United Kingdom

COMPANY NUMBER

14700360 (England and Wales)

ACCOUNTANT	IWC Professional Ltd Chartered Certified Accountants
	Wellington House
	Aviator Court
	York
	YO30 4UZ

	Note	2026		2025
		£		£
Fixed assets
Intangible assets	3	18,343		21,685
Tangible assets	4	8,310		12,607
		26,653		34,292
Current assets
Stocks	5	0		25,770
Debtors	6	29,368		5,677
Cash at bank and in hand	7	439		8,393
		29,807		39,840
Creditors: amounts falling due within one year	8	( 56,971)		( 69,481)
Net current liabilities		(27,164)		(29,641)
Total assets less current liabilities		(511)		4,651
Creditors: amounts falling due after more than one year	9	0		( 4,444)
Net (liabilities)/assets		( 511)		207
Capital and reserves
Called-up share capital	10	100		100
Profit and loss account		( 611 )		107
Total shareholders' (deficit)/funds		( 511)		207

For the financial year ending 31 March 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 financial statements for the financial year in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of HD Adventure Limited (registered number: 14700360) were approved and authorised for issue by the Board of Directors on 21 August 2026. They were signed on its behalf by:

David Antony Brown Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

HD Adventure Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Wellington House Aviator Court, Clifton Moor, York, YO30 4UZ, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The directors have assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Intangible assets

Intangible assets are stated at cost or valuation, net of amortisation and any provision for impairment. Amortisation is provided on all intangible assets at rates to write off the cost or valuation of each asset over its expected useful life as follows:

Goodwill	10 years straight line
Other intangible assets	4 years straight line

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Plant and machinery	3 years straight line
Vehicles	4 years straight line
Fixtures and fittings	25 % reducing balance
Computer equipment	3 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Profit and Loss Account as described below.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to sell, which is equivalent to the net realisable value. Cost includes materials, direct labour and an attributable proportion of manufacturing overheads based on normal levels of activity. Cost is calculated using the FIFO (first-in, first-out) method. Provision is made for obsolete, slow-moving or defective items where appropriate.

At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.

2. Employees

	2026		2025
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	3		3

3. Intangible assets

	Goodwill		Other intangible assets		Total
	£		£		£
Cost
At 01 April 2025	25,000		3,369		28,369
At 31 March 2026	25,000		3,369		28,369
Accumulated amortisation
At 01 April 2025	5,000		1,684		6,684
Charge for the financial year	2,500		842		3,342
At 31 March 2026	7,500		2,526		10,026
Net book value
At 31 March 2026	17,500		843		18,343
At 31 March 2025	20,000		1,685		21,685

4. Tangible assets

	Plant and machinery		Vehicles		Fixtures and fittings		Computer equipment		Total
	£		£		£		£		£
Cost
At 01 April 2025	4,327		6,950		7,600		1,780		20,657
Additions	0		0		644		282		926
At 31 March 2026	4,327		6,950		8,244		2,062		21,583
Accumulated depreciation
At 01 April 2025	1,594		3,476		1,792		1,188		8,050
Charge for the financial year	1,441		1,738		1,452		592		5,223
At 31 March 2026	3,035		5,214		3,244		1,780		13,273
Net book value
At 31 March 2026	1,292		1,736		5,000		282		8,310
At 31 March 2025	2,733		3,474		5,808		592		12,607

5. Stocks

	2026		2025
	£		£
Stocks	0		25,770

There are no material differences between the replacement cost of stock and the Balance Sheet amounts.

6. Debtors

	2026		2025
	£		£
Trade debtors	10,490		3,594
Amounts owed by Group undertakings	14,587		0
Other debtors	4,291		2,083
	29,368		5,677

7. Cash and cash equivalents

	2026		2025
	£		£
Cash at bank and in hand	439		8,393

8. Creditors: amounts falling due within one year

	2026		2025
	£		£
Bank loans	16,539		6,667
Amounts owed to Group undertakings	3,163		0
Taxation and social security	9,799		16,516
Other creditors	27,470		46,298
	56,971		69,481

9. Creditors: amounts falling due after more than one year

	2026		2025
	£		£
Bank loans	0		4,444

There are no amounts included above in respect of which any security has been given by the small entity.

10. Called-up share capital

	2026		2025
	£		£
Allotted, called-up and fully-paid
100 Ordinary shares of £ 1.00 each	100		100