REGISTERED NUMBER: SC397897 (Scotland)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

FOR

H. N. RECYCLING LIMITED

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

H J Christoffersen

N E Christoffersen

REGISTERED OFFICE:

22 Backbrae Street

Kilsyth

Glasgow

G65 0NH

REGISTERED NUMBER:

SC397897 (Scotland)

ACCOUNTANTS:

Curle & Co

Chartered Accountants

22 Backbrae Street

Kilsyth

G65 0NH

BANKERS:

Bank of Scotland

The Direct Business

PO Box 1000

Edinburgh

BX2 1LB

FIXED ASSETS

Tangible assets

4

18,103

26,795

CURRENT ASSETS

Debtors

5,812

32,580

Cash at bank

21,444

18,968

27,256

51,548

CREDITORS

Amounts falling due within one year

43,555

57,240

NET CURRENT LIABILITIES

(16,299

)

(5,692

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,804

21,103

CAPITAL AND RESERVES

Called up share capital

200

200

Retained earnings

1,604

20,903

SHAREHOLDERS' FUNDS

1,804

21,103

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 31 March 2026 in accordance with Section 444(2A) of the Companies Act 2006.

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 21 September 2026 and were signed on its behalf by:

N E Christoffersen - Director

1.	STATUTORY INFORMATION

H. N. Recycling Limited 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 and revenue recognition

Turnover represents net invoiced sales of goods and services, excluding VAT. Revenue is recognised when goods and services are provided to the customer.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

20% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on cost

Financial instruments

The company only has basic financial assets and liabilities of a kind that qualify as basic financial instruments.

Basic financial instruments are initially recognised at transaction value and subsequently measured at their

settlement value.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2025 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 April 2025

69,345

Disposals

(3,000

)

At 31 March 2026

66,345

DEPRECIATION

At 1 April 2025

42,550

Charge for year

5,880

Eliminated on disposal

(188

)

At 31 March 2026

48,242

NET BOOK VALUE

At 31 March 2026

18,103

At 31 March 2025

26,795

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Totals

£

COST

At 1 April 2025

and 31 March 2026

31,000

DEPRECIATION

At 1 April 2025

17,922

Charge for year

3,269

At 31 March 2026

21,191

NET BOOK VALUE

At 31 March 2026

9,809

At 31 March 2025

13,078

5.	ULTIMATE CONTROLLING PARTY

The controlling party is H J Christoffersen.