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REGISTERED NUMBER: 06662888 (England and Wales)











UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2023

FOR

W HARDY BUILDERS LTD

W HARDY BUILDERS LTD (REGISTERED NUMBER: 06662888)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


W HARDY BUILDERS LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 AUGUST 2023







DIRECTOR: W Hardy





SECRETARY: Mrs J Hardy





REGISTERED OFFICE: Phoenix House
Chevening
Sevenoaks
Kent
TN14 6HE





REGISTERED NUMBER: 06662888 (England and Wales)





ACCOUNTANTS: Sargeant Partnership LLP
Chartered Accountants
5 White Oak Square
London Road
Swanley
Kent
BR8 7AG

W HARDY BUILDERS LTD (REGISTERED NUMBER: 06662888)

BALANCE SHEET
31 AUGUST 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 140,994 61,768

CURRENT ASSETS
Debtors 5 28,184 9,360
Cash at bank 72,379 124,647
100,563 134,007
CREDITORS
Amounts falling due within one year 6 28,185 44,031
NET CURRENT ASSETS 72,378 89,976
TOTAL ASSETS LESS CURRENT
LIABILITIES

213,372

151,744

CREDITORS
Amounts falling due after more than one
year

7

(1,458

)

(3,958

)

PROVISIONS FOR LIABILITIES (35,249 ) (11,736 )
NET ASSETS 176,665 136,050

CAPITAL AND RESERVES
Called up share capital 8 3 3
Retained earnings 9 176,662 136,047
SHAREHOLDERS' FUNDS 176,665 136,050

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2023 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.

W HARDY BUILDERS LTD (REGISTERED NUMBER: 06662888)

BALANCE SHEET - continued
31 AUGUST 2023


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 1 February 2024 and were signed by:





W Hardy - Director


W HARDY BUILDERS LTD (REGISTERED NUMBER: 06662888)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023

1. STATUTORY INFORMATION

W Hardy Builders Ltd 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 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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 25% per annum on reducing balance
Motor vehicles - 25% per annum on reducing balance
Computer equipment - 25% per annum on reducing balance

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.

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.

W HARDY BUILDERS LTD (REGISTERED NUMBER: 06662888)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 2023

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2022 - 3 ) .

4. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 September 2022 95,927 89,019 1,161 186,107
Additions 76,744 34,775 - 111,519
Disposals (49,450 ) (15,342 ) - (64,792 )
At 31 August 2023 123,221 108,452 1,161 232,834
DEPRECIATION
At 1 September 2022 65,300 59,019 20 124,339
Charge for year 8,370 15,179 290 23,839
Eliminated on disposal (43,340 ) (12,998 ) - (56,338 )
At 31 August 2023 30,330 61,200 310 91,840
NET BOOK VALUE
At 31 August 2023 92,891 47,252 851 140,994
At 31 August 2022 30,627 30,000 1,141 61,768

W HARDY BUILDERS LTD (REGISTERED NUMBER: 06662888)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 2023

4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
At 1 September 2022
and 31 August 2023 24,150
DEPRECIATION
At 1 September 2022 9,057
Charge for year 6,038
At 31 August 2023 15,095
NET BOOK VALUE
At 31 August 2023 9,055
At 31 August 2022 15,093

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors - 5,556
Other debtors 28,184 3,804
28,184 9,360

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Hire purchase contracts 2,500 2,500
Trade creditors 19,735 13,629
Taxation and social security 3,229 27,045
Other creditors 2,721 857
28,185 44,031

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
2023 2022
£    £   
Hire purchase contracts 1,458 3,958

W HARDY BUILDERS LTD (REGISTERED NUMBER: 06662888)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 2023

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
3 Ordinary £1 3 3

9. RESERVES
Retained
earnings
£   

At 1 September 2022 136,047
Profit for the year 58,615
Dividends (18,000 )
At 31 August 2023 176,662

10. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

At the balance sheet date the company owed the director £311 (2022: £97).

Dividends of £12,000 were voted to Mr W Hardy during the year.

11. RELATED PARTY DISCLOSURES

At the balance sheet date the company owed Mrs J Hardy £312 (2022: £Nil)

During the year dividends of £6,000 were voted to Mrs J Hardy.

12. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is W Hardy.