REGISTERED NUMBER: 05064708 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2026

for

HMC Group Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

M H McArdle

M M McArdle

M S McArdle

R McArdle

D McArdle

REGISTERED OFFICE:

Great North House

20 Allington Way

Darlington

DL1 4QB

REGISTERED NUMBER:

05064708 (England and Wales)

ACCOUNTANTS:

Clive Owen LLP

Chartered Accountants

Kepier House

Belmont Business Park

Durham

DH1 1TW

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

84,288

127,729

Investments

6

6,517,827

4,253,023

Investment property

7

50,000

50,000

6,652,115

4,430,752

CURRENT ASSETS

Debtors

8

9,210,567

11,407,888

Cash at bank and in hand

663,326

523,712

9,873,893

11,931,600

CREDITORS

Amounts falling due within one year

9

(3,412,399

)

(2,214,360

)

NET CURRENT ASSETS

6,461,494

9,717,240

TOTAL ASSETS LESS CURRENT LIABILITIES

13,113,609

14,147,992

CREDITORS

Amounts falling due after more than one year

10

(120,000

)

(120,000

)

NET ASSETS

12,993,609

14,027,992

CAPITAL AND RESERVES

Called up share capital

11

100,000

100,000

Fixed asset investments

6,517,722

4,252,918

Retained earnings

6,375,887

9,675,074

SHAREHOLDERS' FUNDS

12,993,609

14,027,992

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.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 28 July 2026 and were signed on its behalf by:

M H McArdle - Director

1.	STATUTORY INFORMATION

HMC Group 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.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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

There were no material departures from that standard.

The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.

Preparation of consolidated financial statements

The financial statements contain information about HMC Group Ltd as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Development costs have been fully amortised.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

10% - 33% on cost

Motor vehicles

-

33% on cost

Tangible fixed assets are measured at cost less accumulated depreciation and impairment.

Investment property

Investment property is shown at fair value. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Financial instruments

Basic financial instruments are recognised at amortised cost with changes recognised in profit or loss.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.

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.

Fixed asset investments

Shares in group undertakings are revalued to show the value of the underlying net assets where, in the opinion of the directors, such treatment is necessary in order to give a true and fair view, otherwise they are shown at cost. Changes in fair value are recognised in other comprehensive income.

3.	EMPLOYEES AND DIRECTORS

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

4.	INTANGIBLE FIXED ASSETS

Development

costs

£

COST

At 1 April 2025

and 31 March 2026

25,000

AMORTISATION

At 1 April 2025

and 31 March 2026

25,000

NET BOOK VALUE

At 31 March 2026

-

At 31 March 2025

-

5.	TANGIBLE FIXED ASSETS

Fixtures

and

Motor

fittings

vehicles

Totals

£

£

£

COST

At 1 April 2025

233,415

132,515

365,930

Additions

1,333

-

1,333

At 31 March 2026

234,748

132,515

367,263

DEPRECIATION

At 1 April 2025

232,265

5,936

238,201

Charge for year

607

44,167

44,774

At 31 March 2026

232,872

50,103

282,975

NET BOOK VALUE

At 31 March 2026

1,876

82,412

84,288

At 31 March 2025

1,150

126,579

127,729

6.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST OR VALUATION

At 1 April 2025

4,253,023

Revaluations

2,264,804

At 31 March 2026

6,517,827

NET BOOK VALUE

At 31 March 2026

6,517,827

At 31 March 2025

4,253,023

Cost or valuation at 31 March 2025 is represented by:

Shares in

group

undertakings

£

Valuation in 2007

65,989

Valuation in 2014

1,728,416

Valuation in 2015

797,727

Valuation in 2016

1,590,928

Valuation in 2017

601,833

Valuation in 2018

(531,260

)

Valuation in 2019

448,056

Valuation in 2020

2,350,861

Valuation in 2021

(4,511,480

)

Valuation in 2023

690,597

Valuation in 2024

289,280

Valuation in 2025

731,971

Valuation in 2026

2,264,804

Cost

105

6,517,827

If fixed asset investments had not been revalued they would have been included at the following historical cost:

2026

2025

£

£

Cost

105

105

Fixed asset investments were valued on a net asset basis on 31 March 2026 by the directors.

7.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2025

and 31 March 2026

50,000

NET BOOK VALUE

At 31 March 2026

50,000

At 31 March 2025

50,000

The directors have reviewed the valuation of the investment property in accordance with FRS 102 Section 1A and believe that it represents fair value as at 31 March 2026.

8.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Amounts owed by group undertakings

9,018,566

11,215,131

Other debtors

169,210

169,120

Prepayments and accrued income

22,791

23,637

9,210,567

11,407,888

9.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade creditors

2,535

3,400

Amounts owed to group undertakings

3,395,144

1,292,786

Taxation and social security

1,073

959

Other creditors

205

234

Directors' current accounts

5,100

908,639

Accruals and deferred income

8,342

8,342

3,412,399

2,214,360

10.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Directors' loan accounts

120,000

120,000

11.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2026

2025

value:

£

£

100,000

Ordinary

£1

100,000

100,000

12.	RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group nor transactions conducted at a market rate.

2026

2025

£

£

Amounts due to directors

125,100

1,028,639

No interest has been charged.

13.	ULTIMATE PARENT COMPANY

The controlling party is HMC Group Holdings Limited.

The ultimate parent company is HMC Group Holdings Limited, a company registered in Jersey, registered office address: 3rd Floor, 37 Esplanade, St Helier, Channel Islands, JE2 3QA.