REGISTERED NUMBER: 00743785 (England and Wales)

P.A.HILTON LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr P J Ingram

REGISTERED OFFICE:

Unit 5, Galileo Park

Mitchell Close

Portway West Business Park

Andover

Hampshire

SP10 3XQ

REGISTERED NUMBER:

00743785 (England and Wales)

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

30,791

30,403

Investments

6

3

3

30,794

30,406

CURRENT ASSETS

Stocks

7

328,822

399,818

Debtors

8

273,173

382,394

Cash at bank and in hand

329,921

73,284

931,916

855,496

CREDITORS

Amounts falling due within one year

9

(387,707

)

(344,538

)

NET CURRENT ASSETS

544,209

510,958

TOTAL ASSETS LESS CURRENT LIABILITIES

575,003

541,364

CREDITORS

Amounts falling due after more than one year

10

-

(1,667

)

NET ASSETS

575,003

539,697

CAPITAL AND RESERVES

Called up share capital

10,000

10,000

Share premium

18

18

Retained earnings

564,985

529,679

SHAREHOLDERS' FUNDS

575,003

539,697

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 director acknowledges his 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 3 November 2026 and were signed by:

Mr P J Ingram - Director

1.	STATUTORY INFORMATION

P.A.Hilton 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.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with FRS 102 "The Financial Reporting Standards applicable in the UK and Republic of Ireland" ("FRS 102") and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies' regime.

The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £1.

The financial statements have been prepared under the historical cost convention, modified to include certain financial instruments at fair value. The principal accounting policies adopted are set out below.

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

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.

Tangible fixed assets and depreciation

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

Plant and machinery

-

Straight line over 5 years

Computer equipment

-

Straight line over 5 years

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset and is recognised in the income statement.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Stock and work in progress

Stock and work in progress are stated at the lower of cost and net realisable value.

Cost is calculated as follows:-

Raw materials and bought out parts

Cost of goods per the suppliers invoice of the latest

quantity of materials and parts supplied. Provision is made against slow moving and obsolete stock.

Work in progress and finished

Raw materials and bought out parts as above

products

plus labour charged to work in progress at actual

hourly rates plus production overheads.

Financial assets

The Company has elected to apply the provision of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments.

Financial assets are recognised in the company's statement of financial position when the company becomes party to the contractual provisions of the instrument.

Basic financial assets, which include trade and other receivables and cash and bank balances are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method, unless the arrangement constitutes a financial transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Financial liabilities

Basic financial liabilities which include trade and other payables, are initially measured at transaction price and subsequently measured at amortised cost, unless the arrangement constitutes a financing transaction where the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest.

Equity instruments

Equity instruments issued by the company are recorded at the fair value of the proceeds received net of direct issue costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

Research and development

Expenditure on research and development is written off in the year in which it is incurred.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme for the directors and separate schemes for the employees. The assets of the schemes are held separately from those of the company in independently administered funds. Contributions payable for the year are charged in the profit and loss account.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 16 (2025 - 13 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2025

and 31 March 2026

149,416

AMORTISATION

At 1 April 2025

and 31 March 2026

149,416

NET BOOK VALUE

At 31 March 2026

-

At 31 March 2025

-

5.	TANGIBLE FIXED ASSETS

Plant and

Computer

machinery

equipment

Totals

£

£

£

COST

At 1 April 2025

469,700

16,219

485,919

Additions

16,266

-

16,266

At 31 March 2026

485,966

16,219

502,185

DEPRECIATION

At 1 April 2025

439,297

16,219

455,516

Charge for year

15,878

-

15,878

At 31 March 2026

455,175

16,219

471,394

NET BOOK VALUE

At 31 March 2026

30,791

-

30,791

At 31 March 2025

30,403

-

30,403

6.	FIXED ASSET INVESTMENTS

Shares in

group

under-

takings

£

COST

At 1 April 2025

and 31 March 2026

3

NET BOOK VALUE

At 31 March 2026

3

At 31 March 2025

3

The company owns 100% of the ordinary shares in Hilton Energy and Thermal Technology Limited, and Hi-Tech Limited, companies incorporated in England and Wales. Neither subsidiary traded during the year and in August 2026 both companies were dissolved.

7.

STOCKS

2026

2025

£

£

Raw materials stock and consumables

313,948

350,727

Work-in-progress

14,874

49,091

328,822

399,818

8.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

223,040

316,504

Other debtors

50,133

65,890

273,173

382,394

9.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Bank loans and overdrafts

1,667

10,000

Trade creditors

319,896

271,522

Taxation and social security

11,753

9,659

Other creditors

54,391

53,357

387,707

344,538

10.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Bank loans

-

1,667

11.	OTHER FINANCIAL COMMITMENTS

At the year-end the company had commitments under operating leases totalling £207,200 (2025: £243,764).

12.	ULTIMATE CONTROLLING PARTY

The Hilton Share Trust

The company formed an employee share trust on 15 December 1995 with a view to encouraging employees of the group to benefit from a holding of shares in the company and thereby to develop a closer identity of purpose with the group.

The Trustees have no beneficial interest in any of the shares held by the trust. No employee has any conditional or unconditional rights in any of the shares.

The Trustees of the Hilton Share Trust control the company by virtue of their holding which represents 86% of the shares in issue.