REGISTERED NUMBER: 08820355 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

HOXTON MACS LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

B J Higgs

REGISTERED OFFICE:

Clarence Street Chambers

32 Clarence Street

Southend-on-Sea

Essex

SS1 1BD

BUSINESS ADDRESS:

Units 19/20, Roach View Business Park

Millhead Way

Purdeys Industrial Estate

Rochford

Essex

SS4 1LB

REGISTERED NUMBER:

08820355 (England and Wales)

ACCOUNTANTS:

A.R. Lee & Co.

Chartered Accountants

Clarence Street Chambers

32 Clarence Street

Southend-on-Sea

Essex

SS1 1BD

FIXED ASSETS

Tangible assets

4

945,912

989,993

Investments

5

230,739

175,771

1,176,651

1,165,764

CURRENT ASSETS

Stocks

2,485,971

3,231,079

Debtors

6

540,872

638,577

Cash at bank

1,205,301

51,452

4,232,144

3,921,108

CREDITORS

Amounts falling due within one year

7

820,015

840,564

NET CURRENT ASSETS

3,412,129

3,080,544

TOTAL ASSETS LESS CURRENT LIABILITIES

4,588,780

4,246,308

CREDITORS

Amounts falling due after more than one year

8

(462,099

)

(504,244

)

PROVISIONS FOR LIABILITIES

(32,826

)

(47,513

)

NET ASSETS

4,093,855

3,694,551

CAPITAL AND RESERVES

Called up share capital

10

100

100

Fair value reserve

11

16,755

35,203

Retained earnings

4,077,000

3,659,248

SHAREHOLDERS' FUNDS

4,093,855

3,694,551

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 22 September 2026 and were signed by:

B J Higgs - Director

1.	STATUTORY INFORMATION

Hoxton Macs Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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 as modified by the revaluation of certain assets.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Turnover from the sale of goods is recognised when the order is placed by 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.

Freehold property

-

over 50 years

Improvements to property

-

10% on cost

Plant and machinery

-

33% on cost

Motor vehicles

-

25% on reducing balance

Stocks

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

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.

Foreign currencies

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 of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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 12 (2024 - 12 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Freehold

to

Plant and

Motor

property

property

machinery

vehicles

Totals

£

£

£

£

£

COST

At 1 January 2025

896,531

79,563

57,199

121,310

1,154,603

Additions

-

-

8,973

-

8,973

At 31 December 2025

896,531

79,563

66,172

121,310

1,163,576

DEPRECIATION

At 1 January 2025

49,653

45,621

49,256

20,080

164,610

Charge for year

9,931

7,956

9,859

25,308

53,054

At 31 December 2025

59,584

53,577

59,115

45,388

217,664

NET BOOK VALUE

At 31 December 2025

836,947

25,986

7,057

75,922

945,912

At 31 December 2024

846,878

33,942

7,943

101,230

989,993

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST OR VALUATION

At 1 January 2025

175,771

Additions

104,859

Revaluations

(49,891

)

At 31 December 2025

230,739

NET BOOK VALUE

At 31 December 2025

230,739

At 31 December 2024

175,771

Cost or valuation at 31 December 2025 is represented by:

Other

investments

£

Valuation in 2021

(305

)

Valuation in 2022

(59,781

)

Valuation in 2023

45,395

Valuation in 2024

61,628

Valuation in 2025

(49,890

)

Cost

233,692

230,739

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Trade debtors

32,444

40,957

Other debtors

508,428

597,620

540,872

638,577

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Bank loans and overdrafts

-

187,993

Trade creditors

306,685

164,285

Taxation and social security

417,870

364,171

Other creditors

95,460

124,115

820,015

840,564

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.25

31.12.24

£

£

Bank loans

462,099

504,244

9.	SECURED DEBTS

The following secured debts are included within creditors:

31.12.25

31.12.24

£

£

Bank overdraft

-

187,993

Bank loans

462,099

504,244

462,099

692,237

The bank loan and overdraft is secured by a charge over the freehold property Unit 19-20 Roach View Business Park, Millhead Way, Purdeys Industrial Estate, Rochford, Essex SS4 1LB and by a fixed and floating charge over the assets of the business.

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.25

31.12.24

value:

£

£

100

Ordinary

£1

100

100

11.

RESERVES

Fair

value

reserve

£

At 1 January 2025

35,203

Fair value gains

(18,448

)

At 31 December 2025

16,755

12.	OTHER FINANCIAL COMMITMENTS

Total financial commitments, guarantees and contingencies which are not included in the balance sheet amount to £11,900. This amount consists of vehicle lease commitments payable over the next two years.

13.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2025 and 31 December 2024:

31.12.25

31.12.24

£

£

B J Higgs

Balance outstanding at start of year

99,166

10,496

Amounts advanced

-

99,166

Amounts repaid

(74,414

)

(10,496

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

24,752

99,166