REGISTERED NUMBER: 04434668 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31st May 2026

for

Hourglass (Wales) Limited

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr M Hanford

L M Stevens

SECRETARY:

Mr M Hanford

REGISTERED OFFICE:

Castle House

High Street

Ammanford

Carmarthenshire

SA18 2NB

REGISTERED NUMBER:

04434668 (England and Wales)

ACCOUNTANTS:

Ashmole & Co

Chartered Certified Accountants

Castle House

High Street

Ammanford

Carmarthenshire

SA18 2NB

BANKERS:

Barclays Bank Plc

16 High Street

Pontardawe

Swansea

SA8 4HU

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

45

72

45

72

CURRENT ASSETS

Stocks

1,500

1,500

Debtors

7,427

986

Cash at bank

415,479

303,039

424,406

305,525

CREDITORS

Amounts falling due within one year

(211,130

)

(90,771

)

NET CURRENT ASSETS

213,276

214,754

TOTAL ASSETS LESS CURRENT LIABILITIES

213,321

214,826

PROVISIONS FOR LIABILITIES

(9

)

(14

)

NET ASSETS

213,312

214,812

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

213,212

214,712

SHAREHOLDERS' FUNDS

213,312

214,812

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st May 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st May 2026 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.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31st May 2026 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 24th August 2026 and were signed on its behalf by:

Mr M Hanford - Director

1.	STATUTORY INFORMATION

Hourglass (Wales) Limited 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.

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

-

15% on cost

Motor vehicles

-

25% on cost

Computer equipment

-

15% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2025 - 4 ) .

4.	INTANGIBLE FIXED ASSETS

Totals

£

COST

At 1st June 2025

and 31st May 2026

60,000

AMORTISATION

At 1st June 2025

and 31st May 2026

60,000

NET BOOK VALUE

At 31st May 2026

-

At 31st May 2025

-

5.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1st June 2025

and 31st May 2026

26,437

DEPRECIATION

At 1st June 2025

26,365

Charge for year

27

At 31st May 2026

26,392

NET BOOK VALUE

At 31st May 2026

45

At 31st May 2025

72

6.	RELATED PARTY DISCLOSURES

During the year the company paid a management charge of £7,000 (2025:£9,000) to a related party.

At the year end the company was due £172,376 (2025:£65,376) to the related party.