The UK Hide Co. Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 03797729

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		7,154		9,050

			7,154		9,050
CURRENT ASSETS
Stocks	5	513,004		481,791
Debtors	6	501,359		504,923
Cash at bank and in hand		85,852		149,412

		1,100,215		1,136,126
Creditors: Amounts Falling Due Within One Year	7	(174,506 )		(193,481 )

NET CURRENT ASSETS (LIABILITIES)			925,709		942,645

TOTAL ASSETS LESS CURRENT LIABILITIES			932,863		951,695

NET ASSETS			932,863		951,695

CAPITAL AND RESERVES
Called up share capital	8		150		150
Profit and Loss Account			932,713		951,545

SHAREHOLDERS' FUNDS			932,863		951,695

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The UK Hide Co. Limited

Balance Sheet (continued)

As At 31 December 2025

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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Matthew Pactat

Director

16/09/2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

The UK Hide Co. Limited is a private company, limited by shares, incorporated in England & Wales, registered number 03797729 . The registered office is Unit 11 Trade City, Avro Way, Brooklands Business Park, Weybridge, KT13 0YF.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	25% Straight Line
Motor Vehicles	25% Straight Line
Fixtures & Fittings	25% Straight Line
Computer Equipment	25% Straight Line

2.4. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

2.5. Foreign Currencies

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 rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.

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The UK Hide Co. Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

2.6. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 3 (2024: 3)

4. Tangible Assets

	Plant & Machinery	Fixtures & Fittings	Computer Equipment	Total
	£	£	£	£
Cost
As at 1 January 2025	47,253	102,519	11,826	161,598
Additions	-	1,908	865	2,773

As at 31 December 2025	47,253	104,427	12,691	164,371

Depreciation
As at 1 January 2025	40,837	102,073	9,638	152,548
Provided during the period	2,697	771	1,201	4,669

As at 31 December 2025	43,534	102,844	10,839	157,217

Net Book Value
As at 31 December 2025	3,719	1,583	1,852	7,154

As at 1 January 2025	6,416	446	2,188	9,050

5. Stocks

	2025	2024
	£	£
Finished goods	513,004	481,791

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The UK Hide Co. Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

6. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	60,133	83,803
Prepayments and accrued income	869	945
Other debtors	440,357	420,175

	501,359	504,923

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	94,227	86,616
Corporation tax	33,704	55,086
Other taxes and social security	978	2,228
VAT	37,260	41,314
Other creditors	6,837	6,737
Accruals and deferred income	1,500	1,500

	174,506	193,481

8. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	150	150

9. Related Party Transactions

M Presgrave, a director of The UK Hide Co. Limited, is also the proprietor of Mototrim, a leather trimming business. During the year, Mototrim acquired goods amounting to £2,169 and provided services amounting to £Nil on normal commercial terms.

M Pactat, a director of The UK Hide Co. Limited, provided accountancy services in relation to the preparation of the year end accounts amounting to £1,500.

The business operates from premises which are owned equally by the shareholders and Directors of The UK Hide Co. Limited. Rent and service charges of £38,592 were charged to the company.

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