IRIS Accounts Production v23.3.1.45 05182225 Board of Directors Board of Directors 1.9.22 31.8.23 31.8.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh051822252022-08-31051822252023-08-31051822252022-09-012023-08-31051822252021-08-31051822252021-09-012022-08-31051822252022-08-3105182225ns10:Originalns15:EnglandWales2022-09-012023-08-3105182225ns14:PoundSterlingns10:Original2022-09-012023-08-3105182225ns10:Originalns10:Director12022-09-012023-08-3105182225ns10:Original2022-09-012023-08-3105182225ns10:Originalns10:Director22022-09-012023-08-3105182225ns10:Original2023-08-3105182225ns10:Originalns10:PrivateLimitedCompanyLtd2022-09-012023-08-3105182225ns10:Originalns10:SmallEntities2022-09-012023-08-3105182225ns10:Originalns10:AuditExempt-NoAccountantsReport2022-09-012023-08-3105182225ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-09-012023-08-3105182225ns10:SmallCompaniesRegimeForAccountsns10:Original2022-09-012023-08-3105182225ns10:Originalns10:FullAccounts2022-09-012023-08-3105182225ns10:Originalns10:RegisteredOffice2022-09-012023-08-3105182225ns10:Original2022-08-3105182225ns10:Originalns5:CurrentFinancialInstruments2023-08-3105182225ns10:Originalns5:CurrentFinancialInstruments2022-08-3105182225ns10:Originalns5:Non-currentFinancialInstruments2023-08-3105182225ns10:Originalns5:Non-currentFinancialInstruments2022-08-3105182225ns5:ShareCapitalns10:Original2023-08-3105182225ns5:ShareCapitalns10:Original2022-08-3105182225ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-08-3105182225ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-08-3105182225ns5:LongLeaseholdAssetsns10:Originalns5:LandBuildings2022-09-012023-08-3105182225ns10:Originalns5:PlantMachinery2022-09-012023-08-3105182225ns10:Originalns5:FurnitureFittings2022-09-012023-08-3105182225ns10:Originalns5:MotorVehicles2022-09-012023-08-3105182225ns10:Original2021-09-012022-08-3105182225ns5:LongLeaseholdAssetsns10:Originalns5:LandBuildings2022-08-3105182225ns10:Originalns5:PlantMachinery2022-08-3105182225ns10:Originalns5:FurnitureFittings2022-08-3105182225ns10:Originalns5:MotorVehicles2022-08-3105182225ns10:Original2022-08-3105182225ns5:LongLeaseholdAssetsns10:Originalns5:LandBuildings2023-08-3105182225ns10:Originalns5:PlantMachinery2023-08-3105182225ns10:Originalns5:FurnitureFittings2023-08-3105182225ns10:Originalns5:MotorVehicles2023-08-3105182225ns5:LongLeaseholdAssetsns10:Originalns5:LandBuildings2022-08-3105182225ns10:Originalns5:PlantMachinery2022-08-3105182225ns10:Originalns5:FurnitureFittings2022-08-3105182225ns10:Originalns5:MotorVehicles2022-08-3105182225ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-08-3105182225ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-08-31
REGISTERED NUMBER: 05182225 (England and Wales)










Lewis & Hunter Contracting Limited

Unaudited Financial Statements

for the Year Ended 31 August 2023






Lewis & Hunter Contracting Limited (Registered number: 05182225)






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


Lewis & Hunter Contracting Limited

Company Information
for the year ended 31 August 2023







DIRECTORS: Mr P A Lewis
Mr H D Hunter





REGISTERED OFFICE: Hunter Trading Estate
Lon Parcwr
Ruthin
Denbighshire
LL15 1NA





REGISTERED NUMBER: 05182225 (England and Wales)





ACCOUNTANTS: Salisbury & Company
Chartered Accountants
Irish Square
Upper Denbigh Road
St Asaph
Denbighshire
LL17 0RN

Lewis & Hunter Contracting Limited (Registered number: 05182225)

Balance Sheet
31 August 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 716,904 563,186

CURRENT ASSETS
Stocks 41,970 50,740
Debtors 5 1,745,109 2,191,916
Cash at bank 2,306,007 2,021,357
4,093,086 4,264,013
CREDITORS
Amounts falling due within one year 6 688,743 923,006
NET CURRENT ASSETS 3,404,343 3,341,007
TOTAL ASSETS LESS CURRENT
LIABILITIES

4,121,247

3,904,193

CREDITORS
Amounts falling due after more than one
year

7

(39,670

)

(20,438

)

PROVISIONS FOR LIABILITIES (178,100 ) (139,000 )
NET ASSETS 3,903,477 3,744,755

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 3,903,377 3,744,655
3,903,477 3,744,755

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 directors acknowledge their 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.

Lewis & Hunter Contracting Limited (Registered number: 05182225)

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 Board of Directors and authorised for issue on 9 February 2024 and were signed on its behalf by:




Mr H D Hunter - Director



Mr P A Lewis - Director


Lewis & Hunter Contracting Limited (Registered number: 05182225)

Notes to the Financial Statements
for the year ended 31 August 2023

1. STATUTORY INFORMATION

Lewis & Hunter Contracting 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 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.
Leasehold - Straight line over 15 years
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance

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

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 16 (2022 - 16 ) .

Lewis & Hunter Contracting Limited (Registered number: 05182225)

Notes to the Financial Statements - continued
for the year ended 31 August 2023

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor
Leasehold machinery fittings vehicles Totals
£    £    £    £    £   
COST
At 1 September 2022 41,803 959,733 17,119 376,101 1,394,756
Additions 1,973 283,081 6,478 171,890 463,422
Disposals - (216,900 ) (650 ) (144,305 ) (361,855 )
At 31 August 2023 43,776 1,025,914 22,947 403,686 1,496,323
DEPRECIATION
At 1 September 2022 35,553 588,943 7,413 199,661 831,570
Charge for year 2,920 103,391 2,414 53,847 162,572
Eliminated on disposal - (128,622 ) (557 ) (85,544 ) (214,723 )
At 31 August 2023 38,473 563,712 9,270 167,964 779,419
NET BOOK VALUE
At 31 August 2023 5,303 462,202 13,677 235,722 716,904
At 31 August 2022 6,250 370,790 9,706 176,440 563,186

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 1,547,383 1,918,763
Other debtors 197,726 273,153
1,745,109 2,191,916

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Hire purchase contracts 7,011 16,562
Trade creditors 502,682 731,017
Taxation and social security 150,016 117,967
Other creditors 29,034 57,460
688,743 923,006

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£    £   
Hire purchase contracts 39,670 20,438

8. SECURED DEBTS

The following secured debts are included within creditors:

2023 2022
£    £   
Hire purchase contracts 46,681 37,000

The obligations are secured on the assets concerned.

Lewis & Hunter Contracting Limited (Registered number: 05182225)

Notes to the Financial Statements - continued
for the year ended 31 August 2023

9. RELATED PARTY DISCLOSURES

During the year the company purchased goods and services from R S Hunter & Son Limited, a business owned by a director.

Total purchases during the year were £1,307,412 and the balance outstanding at 31 August 2023 was £188,271.