HAPPY FLY LIMITED

Company Registration Number:
10537699 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2025

Period of accounts

Start date: 01 January 2025

End date: 31 December 2025

HAPPY FLY LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2025

Balance sheet
Notes

HAPPY FLY LIMITED

Balance sheet

As at 31 December 2025


Notes
2025
2024


£
£
Current assets
Debtors:   112,898 101,250
Cash at bank and in hand: 21 27
Total current assets: 112,919 101,277
Creditors: amounts falling due within one year:   (380,043) (1,237,924)
Net current assets (liabilities): (267,124) (1,136,647)
Total assets less current liabilities: (267,124) (1,136,647)
Creditors: amounts falling due after more than one year: 3 (889,722)
Total net assets (liabilities): (1,156,846) (1,136,647)
Capital and reserves
Called up share capital: 1,000 1,000
Profit and loss account: (1,157,846) (1,137,647)
Shareholders funds: (1,156,846) (1,136,647)

The notes form part of these financial statements

HAPPY FLY LIMITED

Balance sheet statements

For the year ending 31 December 2025 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 25 September 2026
and signed on behalf of the board by:

Name: Alasdair Gray
Status: Director

The notes form part of these financial statements

HAPPY FLY LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2025

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

HAPPY FLY LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2025

2. Employees

2025 2024
Average number of employees during the period 1 1

HAPPY FLY LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2025

3. Creditors: amounts falling due after more than one year note

As at 31 December 2025, the company owed Stonefort Insurance £830,000. Repayments are made only from income remaining after the company has paid its normal operating expenses and met its solvency capital requirements. Repayments equal 50% of that excess income and rank equally with payments to other recipients of it.

HAPPY FLY LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2025

4. Related party transactions

As at 31 December 2025, the company owed £137,717 to HPT (Holdings) Limited, its parent company. The company also owed MGA Managers Limited, a major shareholder of the parent company, £183,770. The company was owed £75,477 by TMC Worldwide Limited, a company under common control.