Hampshire House Group Ltd - Filleted accounts

Registered number

06379643

Hampshire House Group Ltd

Filleted Accounts

31 March 2025

Hampshire House Group Ltd
Registered number:		06379643
Balance Sheet
as at 31 March 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	4		71,733			47,131

Current assets
Stocks		17,690			12,003
Debtors	5	16,993			2,769
Cash at bank and in hand		180,337			235,500
		215,020			250,272

Creditors: amounts falling due within one year	6	(98,453)			(96,370)

Net current assets			116,567			153,902

Total assets less current liabilities			188,300			201,033

Creditors: amounts falling due after more than one year	7		(10,833)			(20,833)

Provisions for liabilities			(13,628)			(8,954)


Net assets			163,839			171,246

Capital and reserves
Called up share capital			3			4
Profit and loss account			163,836			171,242

Shareholders' funds			163,839			171,246

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




J Wood
Director
Approved by the board on 21 October 2025

Hampshire House Group Ltd
Notes to the Accounts
for the year ended 31 March 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Intangible fixed assets
	Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Fixtures, fittings, tools and equipment	15% Reducing Balance

	Investments
	Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees			2025		2024
Number					Number

	Average number of persons employed by the company			13		15


3	Intangible fixed assets					£
	Leasehold improvements

	Cost
	At 1 April 2024					98,000
	At 31 March 2025					98,000

	Amortisation
	At 1 April 2024					98,000
	At 31 March 2025					98,000

	Net book value
	At 31 March 2025					-

	Leasehold improvements are being written off in equal annual instalments over its estimated economic life of 10 years.


4	Tangible fixed assets
		Land and buildings		Plant and machinery etc		Total
£			£		£
	Cost
	At 1 April 2024	98,203		159,182		257,385
	Additions	-		32,483		32,483
	At 31 March 2025	98,203		191,665		289,868

	Depreciation
	At 1 April 2024	98,203		112,051		210,254
	Charge for the year	-		7,881		7,881
	At 31 March 2025	98,203		119,932		218,135

	Net book value
	At 31 March 2025	-		71,733		71,733
	At 31 March 2024	-		47,131		47,131


5	Debtors			2025		2024
£					£

	Prepayments			15,412		-
	Other debtors			1,581		2,769
				16,993		2,769


6	Creditors: amounts falling due within one year			2025		2024
£					£

	Bank loans and overdrafts			10,000		10,000
	Trade creditors			17,195		6,342
	Director's loan			45,596		45,092
	Taxation and social security costs			20,162		28,645
	Other creditors			5,500		6,291
				98,453		96,370



7	Creditors: amounts falling due after one year			2025		2024
£					£

	Bank loans			10,833		20,833


8	Related party transactions

	Apart from the out of pocket expenses paid to the director and shareholder there are no other related party transactions that are required to be disclosed under the financial reporting standards for smaller entities.

	The amount owed to the director at year end is £45,596 (2025 £45,092)

	The amount of salary paid to the director was £50,036 (2025 £51,206.30)

9	Controlling party

	The ultimate controlling party is J Wood by virtue of his shareholding.

10	Other information

	Hampshire House Group Ltd is a private company limited by shares and incorporated in England. Its registered office is:
	Parker House
	44 Stafford Road
	Wallington
	Surrey
	SM6 9AA

	The financial statements are presented in sterling which is the functional currency of the company.
	The significant accounting policies applied in the preparation of these financial statements are set.