Registration number:
HMS HINCHINBROOK (GREAT YARMOUTH) LIMITED
for the Year Ended 31 March 2026
HMS HINCHINBROOK (GREAT YARMOUTH) LIMITED
Contents
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Company Information |
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Director's Report |
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Accountants' Report |
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Abridged Profit and Loss Account |
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Statement of Comprehensive Income |
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Abridged Balance Sheet |
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Statement of Changes in Equity |
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Notes to the Unaudited Abridged Financial Statements |
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Detailed Profit and Loss Account |
HMS HINCHINBROOK (GREAT YARMOUTH) LIMITED
Company Information
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Director |
Mrs Carmel Moralee |
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Registered office |
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Bankers |
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Accountants |
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HMS HINCHINBROOK (GREAT YARMOUTH) LIMITED
Director's Report for the Year Ended 31 March 2026
The director presents her report and the abridged financial statements for the year ended 31 March 2026.
Director of the company
The director who held office during the year was as follows:
Principal activity
The principal activity of the company is Licensed Restaurant.
Small companies provision statement
This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
Approved and authorised by the
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Chartered Accountants' Report to the Director on the Preparation of the Unaudited Statutory Accounts of
HMS HINCHINBROOK (GREAT YARMOUTH) LIMITED
for the Year Ended 31 March 2026
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of HMS HINCHINBROOK (GREAT YARMOUTH) LIMITED for the year ended 31 March 2026 as set out on pages 4 to 13 from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at
http://www.icaew.com/regulation.
This report is made solely to the Board of Directors of HMS HINCHINBROOK (GREAT YARMOUTH) LIMITED, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of HMS HINCHINBROOK (GREAT YARMOUTH) LIMITED and state those matters that we have agreed to state to the Board of Directors of HMS HINCHINBROOK (GREAT YARMOUTH) LIMITED, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than HMS HINCHINBROOK (GREAT YARMOUTH) LIMITED and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that HMS HINCHINBROOK (GREAT YARMOUTH) LIMITED has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of HMS HINCHINBROOK (GREAT YARMOUTH) LIMITED. You consider that HMS HINCHINBROOK (GREAT YARMOUTH) LIMITED is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of HMS HINCHINBROOK (GREAT YARMOUTH) LIMITED. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
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Accountants & Taxation Consultants
Great Yarmouth
Norfolk
NR30 2LQ
HMS HINCHINBROOK (GREAT YARMOUTH) LIMITED
Abridged Profit and Loss Account for the Year Ended 31 March 2026
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Note |
2026 |
2025 |
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Gross profit |
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Administrative expenses |
( |
( |
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Loss before tax |
( |
( |
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Tax on loss |
- |
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Loss for the financial year |
( |
( |
The above results were derived from continuing operations.
The company has no recognised gains or losses for the year other than the results above.
HMS HINCHINBROOK (GREAT YARMOUTH) LIMITED
Statement of Comprehensive Income for the Year Ended 31 March 2026
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2026 |
2025 |
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Loss for the year |
( |
( |
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Total comprehensive income for the year |
( |
( |
HMS HINCHINBROOK (GREAT YARMOUTH) LIMITED
(Registration number: 12891509)
Abridged Balance Sheet as at 31 March 2026
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Note |
2026 |
2025 |
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Fixed assets |
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Tangible assets |
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Current assets |
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Stocks |
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Debtors |
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Cash at bank and in hand |
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Creditors: Amounts falling due within one year |
( |
( |
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Net current assets |
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Total assets less current liabilities |
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Accruals and deferred income |
( |
( |
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Net assets |
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Capital and reserves |
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Called up share capital |
120,000 |
120,000 |
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Retained earnings |
(10,186) |
(304) |
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Shareholders' funds |
109,814 |
119,696 |
For the financial year ending 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
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• |
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• |
The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. |
These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
All of the company’s members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet in accordance with Section 444(2A) of the Companies Act 2006.
Approved and authorised by the
HMS HINCHINBROOK (GREAT YARMOUTH) LIMITED
(Registration number: 12891509)
Abridged Balance Sheet as at 31 March 2026
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HMS HINCHINBROOK (GREAT YARMOUTH) LIMITED
Statement of Changes in Equity for the Year Ended 31 March 2026
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Share capital |
Retained earnings |
Total |
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At 1 April 2025 |
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( |
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Loss for the year |
- |
( |
( |
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At 31 March 2026 |
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( |
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Share capital |
Retained earnings |
Total |
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At 1 April 2024 |
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Loss for the year |
- |
( |
( |
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At 31 March 2025 |
120,000 |
(304) |
119,696 |
HMS HINCHINBROOK (GREAT YARMOUTH) LIMITED
Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 March 2026
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General information |
The company is a private company limited by share capital, incorporated in England and Wales.
The address of its registered office is:
These financial statements were authorised for issue by the
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Accounting policies |
Summary of significant accounting policies and key accounting estimates
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.
Statement of compliance
These abridged financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).
Basis of preparation
These abridged financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.
Going concern
Revenue recognition
Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.
Tax
The tax expense for the period comprises tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.
The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.
HMS HINCHINBROOK (GREAT YARMOUTH) LIMITED
Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 March 2026
Tangible assets
Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.
Depreciation
Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:
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Asset class |
Depreciation method and rate |
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Furniture, fixture and equipment |
15% Reducing balance |
Cash and cash equivalents
Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.
Trade debtors
Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.
Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.
The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.
Trade creditors
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.
HMS HINCHINBROOK (GREAT YARMOUTH) LIMITED
Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 March 2026
Leases
Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.
Share capital
Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.
Defined contribution pension obligation
A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.
Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.
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Staff numbers |
The average number of persons employed by the company (including the director) during the year, was
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Loss before tax |
Arrived at after charging/(crediting)
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2026 |
2025 |
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Depreciation expense |
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HMS HINCHINBROOK (GREAT YARMOUTH) LIMITED
Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 March 2026
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Tangible assets |
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Furniture, fittings and equipment |
Total |
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Cost or valuation |
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At 1 April 2025 |
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Additions |
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At 31 March 2026 |
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Depreciation |
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At 1 April 2025 |
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Charge for the year |
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At 31 March 2026 |
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Carrying amount |
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At 31 March 2026 |
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At 31 March 2025 |
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Stocks |
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2026 |
2025 |
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Other inventories |
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Debtors |
Debtors includes £Nil (2025 - £Nil) due after more than one year.
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Share capital |
Allotted, called up and fully paid shares
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2026 |
2025 |
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No. |
£ |
No. |
£ |
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120,000 |
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120,000 |
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Related party transactions |
HMS HINCHINBROOK (GREAT YARMOUTH) LIMITED
Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 March 2026
Director's remuneration
The director's remuneration for the year was as follows:
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2026 |
2025 |
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Remuneration |
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HMS HINCHINBROOK (GREAT YARMOUTH) LIMITED
Detailed Profit and Loss Account for the Year Ended 31 March 2026
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2026 |
2025 |
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Turnover (analysed below) |
312,962 |
327,523 |
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Cost of sales (analysed below) |
(114,392) |
(115,103) |
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Gross profit |
198,570 |
212,420 |
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Gross profit (%) |
63.45% |
64.86% |
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Administrative expenses |
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Employment costs (analysed below) |
(143,362) |
(159,443) |
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Establishment costs (analysed below) |
(49,234) |
(45,701) |
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General administrative expenses (analysed below) |
(15,007) |
(13,479) |
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Finance charges (analysed below) |
(171) |
(184) |
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Depreciation costs (analysed below) |
(678) |
(675) |
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(208,452) |
(219,482) |
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Operating loss |
(9,882) |
(7,062) |
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Loss before tax |
(9,882) |
(7,062) |
HMS HINCHINBROOK (GREAT YARMOUTH) LIMITED
Detailed Profit and Loss Account for the Year Ended 31 March 2026
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2026 |
2025 |
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Turnover |
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Sale of goods, UK |
312,962 |
327,523 |
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Cost of sales |
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Opening finished goods |
(18,000) |
(12,000) |
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Purchases |
(108,089) |
(120,555) |
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Closing finished goods |
12,000 |
18,000 |
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Commissions payable |
(303) |
(548) |
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(114,392) |
(115,103) |
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Employment costs |
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Wages and salaries (excluding directors) |
(123,890) |
(107,240) |
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Staff NIC (Employers) |
(194) |
- |
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Directors remuneration |
(19,072) |
(17,000) |
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Staff pensions (Defined contribution) |
- |
(110) |
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Casual wages |
- |
(34,852) |
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Staff training |
(206) |
(241) |
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(143,362) |
(159,443) |
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Establishment costs |
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Rent |
(20,000) |
(20,000) |
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Rates |
(8,120) |
(5,157) |
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Light, heat and power |
(15,417) |
(14,495) |
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Insurance |
(2,110) |
(3,202) |
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Repairs and maintenance |
(3,587) |
(2,847) |
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(49,234) |
(45,701) |
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General administrative expenses |
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Telephone and fax |
(1,747) |
(1,773) |
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Computer software and maintenance costs |
(90) |
(219) |
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Printing, postage and stationery |
(197) |
(271) |
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Trade subscriptions |
(559) |
(536) |
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Charitable donations |
(19) |
- |
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Hire of plant and machinery (Operating leases) |
(1,824) |
(2,254) |
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Sundry expenses |
(550) |
(165) |
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Cleaning |
(5,182) |
(4,485) |
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Research and development |
(268) |
(298) |
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Travel and subsistence |
(767) |
(826) |
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Advertising |
(460) |
(17) |
HMS HINCHINBROOK (GREAT YARMOUTH) LIMITED
Detailed Profit and Loss Account for the Year Ended 31 March 2026
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2026 |
2025 |
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Accountancy fees |
(2,650) |
(2,635) |
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Legal and professional fees |
(694) |
- |
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(15,007) |
(13,479) |
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Finance charges |
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Bank charges |
(171) |
(184) |
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Depreciation costs |
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Depreciation of fixtures and fittings (owned) |
(678) |
(675) |