1 January 2025 v2026.38.1 limited_company_frs_102_section_1a_v1_1_4 companies_houseSoftwarefalsetruetruetrueNo description of principal activityfalsetruexbrli:purexbrli:sharesiso4217:GBP046416952025-01-012025-12-31046416952025-12-31046416952024-12-3104641695core:WithinOneYear2025-12-3104641695core:WithinOneYear2024-12-3104641695core:ShareCapital2025-12-3104641695core:ShareCapital2024-12-3104641695core:RetainedEarningsAccumulatedLosses2025-12-3104641695core:RetainedEarningsAccumulatedLosses2024-12-3104641695bus:Director12025-01-012025-12-3104641695bus:RegisteredOffice2025-01-012025-12-3104641695core:OfficeEquipment2025-01-012025-12-31046416952024-01-012024-12-3104641695core:PlantMachinery2025-01-0104641695core:PlantMachinery2025-01-012025-12-3104641695core:PlantMachinery2025-12-3104641695core:PlantMachinery2024-12-310464169512025-01-012025-12-3104641695countries:EnglandWales2025-01-012025-12-3104641695bus:AuditExemptWithAccountantsReport2025-01-012025-12-3104641695bus:PrivateLimitedCompanyLtd2025-01-012025-12-3104641695bus:SmallEntities2025-01-012025-12-3104641695bus:FullAccounts2025-01-012025-12-31
Company registration number:
04641695
H & Friends Gtl (UK) Ltd
Unaudited Filleted Financial Statements for the year ended
31 December 2025
H & Friends Gtl (UK) Ltd
Statement of Financial Position
31 December 2025
20252024
Note££
Fixed assets    
Tangible assets 5
15,803
 
20,134
 
Current assets    
Debtors 6
243,089
 
269,346
 
Cash at bank and in hand
176,094
 
135,193
 
419,183
 
404,539
 
Creditors: amounts falling due within one year 7
(468,196
 )
(514,085
 )
Net current liabilities
(49,013
 )
(109,546
 )
Total assets less current liabilities (33,210 ) (89,412 )
Provisions for liabilities
(3,003
 )
(3,825
 )
Net liabilities
(36,213
 )
(93,237
 )
Capital and reserves    
Called up share capital
1
 
1
 
Profit and loss account
(36,214
 )
(93,238
 )
Shareholders deficit
(36,213
 )
(93,237
 )
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.
Directors' responsibilities:
  • The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
  • The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These
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.
These
financial statements
were approved by the board of directors and authorised for issue on
30 September 2026
, and are signed on behalf of the board by:
J W Choi
Director
Company registration number:
04641695
H & Friends Gtl (UK) Ltd
Notes to the Financial Statements
Year ended
31 December 2025

1 General information

The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is
55 Staines Road West
,
Sunbury-On-Thames
,
TW16 7AH
, England.

2 Statement of compliance

These
financial statements
have been prepared in compliance with FRS 102 Section 1A, 'The Financial Reporting Standard applicable to the UK and Republic of Ireland'.

3 Accounting policies

Basis of preparation

The
financial statements
have been prepared on the historical cost basis, as modified by the revaluation of certain assets.
The
financial statements
are prepared in sterling, which is the functional currency of the company.

Turnover

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

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.

Tangible assets

Tangible assets are initially measured at cost, and are subsequently measured at cost less any accumulated depreciation and accumulated impairment losses or at a revalued amount.
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:
Office equipment
25% on reducing balance

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is more likely than not that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured on an undiscounted basis at the tax rates that would apply in the periods in which timing differences are expected to reverse, based on tax rates and laws enacted at the statement of financial position date.

Provisions for liabilities

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event; it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense.

Defined contribution pension plan

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.

4 Average number of employees

The average number of persons employed by the company during the year was
7
(2024:
7.00
).

5 Tangible assets

Plant and machinery etc.
£
Cost  
At
1 January 2025
79,579
 
Additions
937
 
At
31 December 2025
80,516
 
Depreciation  
At
1 January 2025
59,445
 
Charge
5,268
 
At
31 December 2025
64,713
 
Carrying amount  
At
31 December 2025
15,803
 
At 31 December 2024
20,134
 

6 Debtors

20252024
££
Trade debtors
152,906
 
187,940
 
Other debtors
90,183
 
81,406
 
243,089
 
269,346
 

7 Creditors: amounts falling due within one year

20252024
££
Trade creditors
318,934
 
444,722
 
Taxation and social security
45,899
 
48,597
 
Other creditors
103,363
 
20,766
 
468,196
 
514,085
 

8 Directors' advances, credit and guarantees

Included in Current Assets at 31 December 2025 was £1,454 (2024: £1,454) due from a director.