REGISTERED NUMBER: 04044699 (England and Wales)

Syd Huggins Quality East Limited

Unaudited Financial Statements

for the year ended

31 March 2025

Page

Balance Sheet

1

to

2

Notes to the Financial Statements

3

to

5

Report of the Accountants

6

FIXED ASSETS

Tangible assets

4

2,717

3,642

CURRENT ASSETS

Stocks

11,023

14,531

Debtors

5

675

735

Cash at bank

8,581

6,464

20,279

21,730

CREDITORS

Amounts falling due within one year

6

(106,783

)

(104,590

)

NET CURRENT LIABILITIES

(86,504

)

(82,860

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(83,787

)

(79,218

)

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

(83,789

)

(79,220

)

SHAREHOLDERS' FUNDS

(83,787

)

(79,218

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 29 October 2025 and were signed by:

S G B Huggins - Director

1.	STATUTORY INFORMATION

Syd Huggins Quality East Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

04044699

Registered office:

The Willows

Rectory Road

East Carleton

Norwich

Norfolk

NR14 8HT

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.

Plant and machinery

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Going concern

Notwithstanding the deficit of shareholders funds, the directors consider that the company with their support will recover this deficit in future years and therefore it is appropriate for the accounts to be prepared on a going concern basis.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

£

£

£

COST

At 1 April 2024

and 31 March 2025

5,243

16,665

1,045

22,953

DEPRECIATION

At 1 April 2024

4,897

13,369

1,045

19,311

Charge for year

101

824

-

925

At 31 March 2025

4,998

14,193

1,045

20,236

NET BOOK VALUE

At 31 March 2025

245

2,472

-

2,717

At 31 March 2024

346

3,296

-

3,642

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

675

735

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Taxation and social security

1,272

1,383

Other creditors

105,511

103,207

106,783

104,590

7.	RELATED PARTY DISCLOSURES

Included in creditors is £103,361 (2024: £102,138) payable to the director by way of a loan, on which no interest is being charged, with no set repayment terms.

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

These financial statements have been prepared in accordance with our terms of engagement and in order to assist you to fulfil your duties under the Companies Acts that relate to preparing the financial statements of the company for the year.

We have prepared these financial statements based on the accounting records, information and explanations provided by you. We do not express any opinion on the financial statements.

On the balance sheet, you have acknowledged your duties under the prevailing Companies Acts to ensure that the company keeps adequate accounting records and prepares financial statements that give "a true and fair view".

You have determined that the company is exempt from the statutory requirement for an audit for this accounting year. Therefore, the financial statements are unaudited.

The financial statements are provided exclusively to the directors for the limited purpose mentioned above, and may not be used or relied upon for any other purpose or by any other person, and we shall not be liable for any other usage or reliance.

TC Group

Accountants

Yare House

62-64 Thorpe Road

Norwich

Norfolk

NR1 1RY

29 October 2025