REGISTERED NUMBER: 06214831 (England and Wales)

HINCH ENTERPRISES LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2026

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

to

5

DIRECTORS:

P D Hinch

Mrs R V Hinch

SECRETARY:

Mrs R V Hinch

REGISTERED OFFICE:

3 Castlegate

Grantham

Lincolnshire

NG31 6SF

REGISTERED NUMBER:

06214831 (England and Wales)

ACCOUNTANTS:

Duncan & Toplis Limited

14 All Saints Street

Stamford

Lincolnshire

PE9 2PA

FIXED ASSETS

Tangible assets

4

6,590,055

7,071,593

CURRENT ASSETS

Stocks

877,075

198,707

Debtors

5

669,556

1,172,865

Cash at bank

7,368,615

3,409,734

8,915,246

4,781,306

CREDITORS

Amounts falling due within one year

6

1,434,744

914,475

NET CURRENT ASSETS

7,480,502

3,866,831

TOTAL ASSETS LESS CURRENT LIABILITIES

14,070,557

10,938,424

CREDITORS

Amounts falling due after more than one year

7

(639,116

)

(684,615

)

PROVISIONS FOR LIABILITIES

(587,610

)

(625,019

)

NET ASSETS

12,843,831

9,628,790

CAPITAL AND RESERVES

Called up share capital

9

100

100

Retained earnings

12,843,731

9,628,690

SHAREHOLDERS' FUNDS

12,843,831

9,628,790

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 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 23 October 2026 and were signed on its behalf by:

P D Hinch - Director

1.	STATUTORY INFORMATION

Hinch Enterprises Limited 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.

Turnover

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

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

-

4% on cost and Improvements to property

Tractors

-

25% on reducing balance

Plant and machinery

-

20% on reducing balance

Caravan site fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Office equipment

-

33% on cost and 20% on reducing balance

Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

Stocks

Stocks are stated at the lower of cost and fair value less costs to complete and sell after making due allowance for slow moving and obsolete items.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 28 (2025 - 27 ) .

4.	TANGIBLE FIXED ASSETS

Freehold

Plant and

property

Tractors

machinery

£

£

£

COST

At 1 February 2025

4,473,444

762,140

8,005,339

Additions

94,707

228,150

151,112

Disposals

-

(149,300

)

-

At 31 January 2026

4,568,151

840,990

8,156,451

DEPRECIATION

At 1 February 2025

1,020,693

259,223

5,263,454

Charge for year

174,365

126,727

555,751

Eliminated on disposal

-

(97,523

)

-

At 31 January 2026

1,195,058

288,427

5,819,205

NET BOOK VALUE

At 31 January 2026

3,373,093

552,563

2,337,246

At 31 January 2025

3,452,751

502,917

2,741,885

Caravan

site

fixtures

and

Motor

Office

fittings

vehicles

equipment

Totals

£

£

£

£

COST

At 1 February 2025

1,535,218

3,200

4,377

14,783,718

Additions

47,092

-

2,537

523,598

Disposals

(7,269

)

-

(666

)

(157,235

)

At 31 January 2026

1,575,041

3,200

6,248

15,150,081

DEPRECIATION

At 1 February 2025

1,163,776

2,013

2,966

7,712,125

Charge for year

94,840

297

671

952,651

Eliminated on disposal

(6,561

)

-

(666

)

(104,750

)

At 31 January 2026

1,252,055

2,310

2,971

8,560,026

NET BOOK VALUE

At 31 January 2026

322,986

890

3,277

6,590,055

At 31 January 2025

371,442

1,187

1,411

7,071,593

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

502,257

955,171

Other debtors

167,299

217,694

669,556

1,172,865

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Bank loans and overdrafts

28,722

24,213

Hire purchase contracts

-

21,142

Trade creditors

336,840

309,766

Taxation and social security

856,006

341,630

Other creditors

213,176

217,724

1,434,744

914,475

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Bank loans

357,031

387,095

Other creditors

282,085

297,520

639,116

684,615

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more than 5 years

220,211

268,095

8.	SECURED DEBTS

The following secured debts are included within creditors:

2026

2025

£

£

Bank loans

385,753

411,308

Hire purchase contracts

-

21,142

385,753

432,450

The hire purchase liabilities are secured on the asset to which they relate.

The bank loan is secured on 60% of the market value of Hill Farm, Greetham.

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2026

2025

value:

£

£

100

Ordinary

£1

100

100

10.	CAPITAL COMMITMENTS

2026

2025

£

£

Contracted but not provided for in the

financial statements

1,417,570

-

11.	OTHER FINANCIAL COMMITMENTS

At the balance sheet date the company had operating lease commitments over the remaining life of the leases totalling £6,152 (2025: £6,152).