Caseware UK (AP4) 2021.0.152 2021.0.152 2021-11-29083027992021-11-29true12020-11-30false1trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 08302799 2020-11-30 2021-11-29 08302799 2019-11-30 2020-11-29 08302799 2021-11-29 08302799 2020-11-29 08302799 2019-11-30 08302799 1 2020-11-30 2021-11-29 08302799 d:Director1 2020-11-30 2021-11-29 08302799 c:Buildings 2020-11-30 2021-11-29 08302799 c:Buildings 2021-11-29 08302799 c:Buildings 2020-11-29 08302799 c:Buildings c:OwnedOrFreeholdAssets 2020-11-30 2021-11-29 08302799 c:PlantMachinery 2020-11-30 2021-11-29 08302799 c:PlantMachinery 2021-11-29 08302799 c:PlantMachinery 2020-11-29 08302799 c:PlantMachinery c:OwnedOrFreeholdAssets 2020-11-30 2021-11-29 08302799 c:OwnedOrFreeholdAssets 2020-11-30 2021-11-29 08302799 c:CurrentFinancialInstruments 2021-11-29 08302799 c:CurrentFinancialInstruments 2020-11-29 08302799 c:Non-currentFinancialInstruments 2021-11-29 08302799 c:Non-currentFinancialInstruments 2020-11-29 08302799 c:CurrentFinancialInstruments c:WithinOneYear 2021-11-29 08302799 c:CurrentFinancialInstruments c:WithinOneYear 2020-11-29 08302799 c:Non-currentFinancialInstruments c:AfterOneYear 2021-11-29 08302799 c:Non-currentFinancialInstruments c:AfterOneYear 2020-11-29 08302799 c:Non-currentFinancialInstruments c:BetweenOneTwoYears 2021-11-29 08302799 c:Non-currentFinancialInstruments c:BetweenOneTwoYears 2020-11-29 08302799 c:Non-currentFinancialInstruments c:BetweenTwoFiveYears 2021-11-29 08302799 c:Non-currentFinancialInstruments c:BetweenTwoFiveYears 2020-11-29 08302799 c:Non-currentFinancialInstruments c:MoreThanFiveYears 2021-11-29 08302799 c:Non-currentFinancialInstruments c:MoreThanFiveYears 2020-11-29 08302799 c:ShareCapital 2021-11-29 08302799 c:ShareCapital 2020-11-29 08302799 c:RetainedEarningsAccumulatedLosses 2020-11-30 2021-11-29 08302799 c:RetainedEarningsAccumulatedLosses 2021-11-29 08302799 c:RetainedEarningsAccumulatedLosses 2020-11-29 08302799 d:OrdinaryShareClass1 2020-11-30 2021-11-29 08302799 d:OrdinaryShareClass1 2021-11-29 08302799 d:OrdinaryShareClass1 2020-11-29 08302799 d:FRS102 2020-11-30 2021-11-29 08302799 d:AuditExempt-NoAccountantsReport 2020-11-30 2021-11-29 08302799 d:FullAccounts 2020-11-30 2021-11-29 08302799 d:PrivateLimitedCompanyLtd 2020-11-30 2021-11-29 08302799 c:WithinOneYear 2021-11-29 08302799 c:WithinOneYear 2020-11-29 08302799 c:BetweenOneFiveYears 2021-11-29 08302799 c:BetweenOneFiveYears 2020-11-29 08302799 c:MoreThanFiveYears 2021-11-29 08302799 c:MoreThanFiveYears 2020-11-29 08302799 c:HirePurchaseContracts c:WithinOneYear 2021-11-29 08302799 c:HirePurchaseContracts c:WithinOneYear 2020-11-29 08302799 c:HirePurchaseContracts c:BetweenOneFiveYears 2021-11-29 08302799 c:HirePurchaseContracts c:BetweenOneFiveYears 2020-11-29 08302799 c:EntityControlledByKeyManagementPersonnel5 c:OtherTransactionType1 2020-11-30 2021-11-29 08302799 c:EntityControlledByKeyManagementPersonnel5 c:OtherTransactionType1 2021-11-29 08302799 c:EntityControlledByKeyManagementPersonnel4 c:OtherTransactionType2 2021-11-29 08302799 c:EntityControlledByKeyManagementPersonnel4 c:OtherTransactionType2 2020-11-30 2021-11-29 08302799 c:EntityControlledByKeyManagementPersonnel3 c:OtherTransactionType3 2020-11-30 2021-11-29 08302799 c:EntityControlledByKeyManagementPersonnel3 c:OtherTransactionType3 2021-11-29 08302799 c:AcceleratedTaxDepreciationDeferredTax 2021-11-29 08302799 c:AcceleratedTaxDepreciationDeferredTax 2020-11-29 08302799 c:TaxLossesCarry-forwardsDeferredTax 2021-11-29 08302799 c:TaxLossesCarry-forwardsDeferredTax 2020-11-29 08302799 c:PlantMachinery c:LeasedAssetsHeldAsLessee 2021-11-29 08302799 c:PlantMachinery c:LeasedAssetsHeldAsLessee 2020-11-29 xbrli:shares iso4217:GBP xbrli:pure



















Humberside Blocks (2012) Limited

Registered number: 08302799
Information for filing with the Registrar
For the year ended 29 November 2021

 
 08302799
29 November 2021
HUMBERSIDE BLOCKS (2012) LIMITED
REGISTERED NUMBER: 08302799

STATEMENT OF FINANCIAL POSITION
AS AT 29 NOVEMBER 2021

2021
2020
Note
£
£

Fixed assets
  

Tangible assets
 4 
958,554
568,500

  
958,554
568,500

Current assets
  

Debtors: amounts falling due within one year
 5 
407,478
476,919

Cash at bank and in hand
  
13,906
382,869

  
421,384
859,788

Creditors: amounts falling due within one year
 6 
(541,680)
(451,347)

Net current (liabilities)/assets
  
 
 
(120,296)
 
 
408,441

Total assets less current liabilities
  
838,258
976,941

Creditors: amounts falling due after more than one year
 7 
(736,625)
(877,375)

Provisions for liabilities
  

Deferred tax
 10 
-
(7,566)

Net assets
  
101,633
92,000


Capital and reserves
  

Called up share capital 
 11 
1
1

Profit and loss account
 12 
101,632
91,999

  
101,633
92,000

- 1 -

 
 08302799
29 November 2021
HUMBERSIDE BLOCKS (2012) LIMITED
REGISTERED NUMBER: 08302799
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 29 NOVEMBER 2021

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 26 August 2022.



D M Beaumont
Director

The notes on pages 3 to 12 form part of these financial statements.
- 2 -

 
 08302799
29 November 2021
HUMBERSIDE BLOCKS (2012) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 NOVEMBER 2021

1.


General information

Humberside Blocks Limited (the “Company”) is a private company, limited by shares and registered in England and Wales, registered number 08302799. The registered office is Thornhill Works Calder Road, Ravensthorpe, Dewsbury, WF12 9HY. The principal activity is the provision of manufacturing concrete products for construction purposes.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

These financial statements have been presented in pound sterling which is the functional currency of the company, and rounded to the nearest £.

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies.

The following principal accounting policies have been applied:

 
2.2

Going concern

These financial statements have been prepared on a going concern basis. The directors, having considered the financial position of the company for a period of at least twelve months from the date of signing these financial statements, have no reason to believe that a material uncertainty exists that may cast doubt about the ability of the company to continue as a going concern.
Accordingly the directors have a reasonable expectation that the company will continue in operational existence and thus they adopt the going concern basis of accounting in preparing the financial statements. The going concern will not be affected by the COVID-19 situation as confirmed by the directors.

- 3 -

 
 08302799
29 November 2021
HUMBERSIDE BLOCKS (2012) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 NOVEMBER 2021

2.Accounting policies (continued)

 
2.3

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.4

Operating leases: the Company as lessee

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the lease term.

Benefits received and receivable as an incentive to sign an operating lease are recognised on a straight line basis over the lease term, unless another systematic basis is representative of the time pattern of the lessee's benefit from the use of the leased asset.

 
2.5

Government grants

Grants are accounted under the accruals model as permitted by FRS 102. Grants relating to expenditure on tangible fixed assets are credited to profit or loss at the same rate as the depreciation on the assets to which the grant relates. The deferred element of grants is included in creditors as deferred income.
Grants of a revenue nature are recognised in the Statement of Comprehensive Income in the same period as the related expenditure.

 
2.6

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.7

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

- 4 -

 
 08302799
29 November 2021
HUMBERSIDE BLOCKS (2012) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 NOVEMBER 2021

2.Accounting policies (continued)

 
2.8

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

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 income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the Statement of Financial Position date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

 
2.9

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Freehold land and buildings
-
5% straight line (Land is not depreciated)
Plant & machinery
-
10% straight line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

- 5 -

 
 08302799
29 November 2021
HUMBERSIDE BLOCKS (2012) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 NOVEMBER 2021

2.Accounting policies (continued)

 
2.10

Debtors

Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.11

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.12

Creditors

Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.13

Provisions for liabilities

Provisions are made where an event has taken place that gives the Company a legal or constructive obligation that probably requires settlement by a transfer of economic benefit, and a reliable estimate can be made of the amount of the obligation.
Provisions are charged as an expense to profit or loss in the year that the Company becomes aware of the obligation, and are measured at the best estimate at the Statement of Financial Position date of the expenditure required to settle the obligation, taking into account relevant risks and uncertainties.
When payments are eventually made, they are charged to the provision carried in the Statement of Financial Position.

 
2.14

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties.

Debt instruments (other than those wholly repayable or receivable within one year), including loans and other accounts receivable and payable, are initially measured at present value of the future cash flows and subsequently at amortised cost using the effective interest method. Debt instruments that are payable or receivable within one year, typically trade debtors and creditors, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received. However, if the arrangements of a short-term instrument constitute a financing transaction, like the payment of a trade debt deferred beyond normal business terms or in case of an out-right short-term loan that is not at market rate, the financial asset or liability is measured, initially at the present value of future cash flows discounted at a market rate of interest for a similar debt instrument and subsequently at amortised cost, unless it qualifies as a loan from a director in the case of a small company, or a public benefit entity concessionary loan.

- 6 -

 
 08302799
29 November 2021
HUMBERSIDE BLOCKS (2012) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 NOVEMBER 2021

3.


Employees

The average monthly number of employees, including directors, during the year was 1 (2020 - 1).


4.


Tangible fixed assets





Freehold land and buildings
Plant & machinery
Total

£
£
£



Cost 


At 30 November 2020
300,000
775,000
1,075,000


Additions
483,677
-
483,677



At 29 November 2021

783,677
775,000
1,558,677



Depreciation


At 30 November 2020
-
506,500
506,500


Charge for the year
16,123
77,500
93,623



At 29 November 2021

16,123
584,000
600,123



Net book value



At 29 November 2021
767,554
191,000
958,554



At 29 November 2020
300,000
268,500
568,500

Freehold land and buildings includes £300,000 of land which is not depreciated. 

The net book value of assets held under finance leases or hire purchase contracts, included above, are as follows:


2021
2020
£
£



Plant and machinery
40,250
50,750
- 7 -

 
 08302799
29 November 2021
HUMBERSIDE BLOCKS (2012) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 NOVEMBER 2021

5.


Debtors

2021
2020
£
£


Amounts owed by related parties
399,145
18,586

Prepayments and accrued income
8,333
458,333

407,478
476,919



6.


Creditors: Amounts falling due within one year

2021
2020
£
£

Bank loans
5,833
5,833

Other loans
75,000
75,000

Trade creditors
44,866
39,858

Amounts owed to related parties
266,061
251,866

Corporation tax
21,740
25,284

Other taxation and social security
92,080
19,000

Obligations under finance lease and hire purchase contracts
30,000
30,000

Accruals and deferred income
6,100
4,506

541,680
451,347


Obligations under finance lease and hire purchase contracts are secured on the related assets.
Glass Recycling (UK) Limited have legal charges over the Freehold Property on the South Side of Main Street, Wath dated 31 January 2014.

- 8 -

 
 08302799
29 November 2021
HUMBERSIDE BLOCKS (2012) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 NOVEMBER 2021

7.


Creditors: Amounts falling due after more than one year

2021
2020
£
£

Bank loans
39,167
44,167

Other loans
512,500
581,250

Net obligations under finance leases and hire purchase contracts
184,958
251,958

736,625
877,375


Obligations under finance lease and hire purchase contracts are secured on the related assets.
Glass Recycling (UK) Limited have legal charges over the Freehold Property on the South Side of Main Street, Wath dated 31 January 2014.


8.


Loans


Analysis of the maturity of loans is given below:


2021
2020
£
£

Amounts falling due within one year

Bank loans
5,833
5,833

Other loans
75,000
75,000


80,833
80,833

Amounts falling due 1-2 years

Other loans

75,000
75,000

Amounts falling due 2-5 years

Bank loans
39,167
44,167

Other loans
225,000
225,000


264,167
269,167

Amounts falling due after more than 5 years

Other loans
212,500
281,250

632,500
706,250


- 9 -

 
 08302799
29 November 2021
HUMBERSIDE BLOCKS (2012) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 NOVEMBER 2021

9.


Hire purchase and finance leases


Minimum lease payments under hire purchase fall due as follows:

2021
2020
£
£


Within one year
30,000
30,000

Between 1-5 years
184,958
251,958

214,958
281,958


10.


Deferred taxation




2021
2020


£

£






At beginning of year
(7,566)
(9,950)


Charged to profit or loss
7,566
2,384



At end of year
-
(7,566)

The deferred taxation balance is made up as follows:

2021
2020
£
£


Accelerated capital allowances
-
(9,027)

Tax losses carried forward
-
1,461

-
(7,566)


11.


Share capital

2021
2020
£
£
Allotted, called up and fully paid



1 (2020 - 1) Ordinary share of £1.00
1
1


- 10 -

 
 08302799
29 November 2021
HUMBERSIDE BLOCKS (2012) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 NOVEMBER 2021

12.


Reserves

Profit & loss account

The profit and loss account reserve represents cumulative profits and losses made by the Company to date less dividends distributed to shareholders.


13.


Commitments under operating leases

At 29 November 2021 the Company had future minimum lease payments due under non-cancellable operating leases for each of the following periods:

2021
2020
£
£


Not later than 1 year
100,000
100,000

Later than 1 year and not later than 5 years
400,000
400,000

Later than 5 years
100,000
200,000

600,000
700,000


14.


Related party transactions

During the year land in Wath and Hull were rented to Newlay Concrete Limited, which realised a rental income of £100,000 (2020: £250,000).
During the year Newlay Concrete Limited made purchases of £411,200 (2020: £210,001) from Humberside Blocks (2012) Limited. This amount is included within debtors.
During the year Newlay Cast Stone Limited made purchases of £10,800 (2020: £nil) from Humberside Blocks (2012) Limited. This amount is included within debtors.
Amounts due from/(to) the related parties at the year end are disclosed below:


2021
2020
£
£

Newlay Readymix Limited
(134,647)
(134,647)
Newlay Concrete Limited
388,345
(117,219)
Hargreaves GB Limited
(131,414)
18,586
Newlay Cast Stone Limited
10,800
-

- 11 -

 
 08302799
29 November 2021
HUMBERSIDE BLOCKS (2012) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 NOVEMBER 2021

15.


Post balance sheet events

On 24 February 2022 Russian Forces entered Ukraine, resulting in Western Nation reactions including announcements of sanctions against Russia and Russian interests worldwide and an economic ripple effect on the global economy. The Director has carried out an assessment of the potential impact of Russian Forces entering Ukraine on the business, including the impact of mitigation measures and uncertainties, and has concluded that this is a non-adjusting post balance sheet event with the greatest impact on the business expected to be from the economic ripple effect on the global economy. The Director has taken account of these potential impacts in their going concern assessment.


16.


Controlling party

The ultimate and immediate controlling party is Mr D M Beaumont by virtue of his majority shareholding.

 
- 12 -