Hansons Decorating Limited 11076155 false 2022-12-01 2023-11-30 2023-11-30 The principal activity of the company is that of painting and decorating services. Digita Accounts Production Advanced 6.30.9574.0 true 11076155 2022-12-01 2023-11-30 11076155 2023-11-30 11076155 bus:OrdinaryShareClass1 bus:Non-cumulativeShares 2023-11-30 11076155 core:RetainedEarningsAccumulatedLosses 2023-11-30 11076155 core:ShareCapital 2023-11-30 11076155 core:CurrentFinancialInstruments 2023-11-30 11076155 core:CurrentFinancialInstruments core:WithinOneYear 2023-11-30 11076155 core:Non-currentFinancialInstruments core:AfterOneYear 2023-11-30 11076155 core:FurnitureFittingsToolsEquipment 2023-11-30 11076155 core:MotorVehicles 2023-11-30 11076155 bus:SmallEntities 2022-12-01 2023-11-30 11076155 bus:AuditExemptWithAccountantsReport 2022-12-01 2023-11-30 11076155 bus:FilletedAccounts 2022-12-01 2023-11-30 11076155 bus:SmallCompaniesRegimeForAccounts 2022-12-01 2023-11-30 11076155 bus:RegisteredOffice 2022-12-01 2023-11-30 11076155 bus:Director1 2022-12-01 2023-11-30 11076155 bus:Director2 2022-12-01 2023-11-30 11076155 bus:OrdinaryShareClass1 bus:Non-cumulativeShares 2022-12-01 2023-11-30 11076155 bus:PrivateLimitedCompanyLtd 2022-12-01 2023-11-30 11076155 core:FurnitureFittingsToolsEquipment 2022-12-01 2023-11-30 11076155 core:MotorVehicles 2022-12-01 2023-11-30 11076155 core:OfficeEquipment 2022-12-01 2023-11-30 11076155 core:PlantMachinery 2022-12-01 2023-11-30 11076155 countries:EnglandWales 2022-12-01 2023-11-30 11076155 2022-11-30 11076155 core:FurnitureFittingsToolsEquipment 2022-11-30 11076155 core:MotorVehicles 2022-11-30 11076155 2021-12-01 2022-11-30 11076155 2022-11-30 11076155 bus:OrdinaryShareClass1 bus:Non-cumulativeShares 2022-11-30 11076155 core:RetainedEarningsAccumulatedLosses 2022-11-30 11076155 core:ShareCapital 2022-11-30 11076155 core:CurrentFinancialInstruments 2022-11-30 11076155 core:CurrentFinancialInstruments core:WithinOneYear 2022-11-30 11076155 core:Non-currentFinancialInstruments core:AfterOneYear 2022-11-30 11076155 core:FurnitureFittingsToolsEquipment 2022-11-30 11076155 core:MotorVehicles 2022-11-30 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 11076155

Hansons Decorating Limited

Unaudited Filleted Financial Statements

for the Year Ended 30 November 2023

 

Hansons Decorating Limited

Contents

Company Information

1

Balance Sheet

2 to 3

Notes to the Unaudited Financial Statements

4 to 8

 

Hansons Decorating Limited

Company Information

Directors

Mr Darren Mark Hanson

Mrs Sally Elizabeth Hanson

Registered office

C/O Smith Butler,
Sapper Jordan Rossi Park
Otley Road
Baildon
West Yorkshire
BD17 7AX

Accountants

Smith Butler
Accountants & Business Advisors
Sapper Jordan Rossi Park
Otley Road
Baildon
West Yorkshire
BD17 7AX

 

Hansons Decorating Limited

(Registration number: 11076155)
Balance Sheet as at 30 November 2023

Note

2023
£

2022
£

Fixed assets

 

Tangible assets

4

10,459

14,024

Current assets

 

Debtors

5

798

722

Cash at bank and in hand

 

7,188

4,224

 

7,986

4,946

Creditors: Amounts falling due within one year

6

(5,592)

(3,810)

Net current assets

 

2,394

1,136

Total assets less current liabilities

 

12,853

15,160

Creditors: Amounts falling due after more than one year

6

(5,747)

(8,125)

Net assets

 

7,106

7,035

Capital and reserves

 

Called up share capital

7

100

100

Retained earnings

7,006

6,935

Shareholders' funds

 

7,106

7,035

For the financial year ending 30 November 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

 

Hansons Decorating Limited

(Registration number: 11076155)
Balance Sheet as at 30 November 2023

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 21 March 2024 and signed on its behalf by:
 

.........................................
Mr Darren Mark Hanson
Director

 

Hansons Decorating Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2023

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
C/O Smith Butler,
Sapper Jordan Rossi Park
Otley Road
Baildon
West Yorkshire
BD17 7AX
United Kingdom

These financial statements were authorised for issue by the Board on 21 March 2024.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

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 taxable income.

 

Hansons Decorating Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2023

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Plant and machinery

20% reducing balance

Motor vehicles

25% reducing balance

Office Equipment

33.33% Straight line

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

 

Hansons Decorating Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2023

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessee.

Assets held under finance leases are recognised at the lower of their fair value at inception of the lease and the present value of the minimum lease payments. These assets are depreciated on a straight-line basis over the shorter of the useful life of the asset and the lease term. The corresponding liability to the lessor is included in the balance sheet as a finance lease obligation.

Lease payments are apportioned between finance costs in the profit and loss account and reduction of the lease obligation so as to achieve a constant periodic rate of interest on the remaining balance of the liability.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2022 - 2).

 

Hansons Decorating Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2023

4

Tangible assets

Furniture, fittings and equipment
 £

Motor vehicles
 £

Total
£

Cost or valuation

At 1 December 2022

3,170

14,880

18,050

At 30 November 2023

3,170

14,880

18,050

Depreciation

At 1 December 2022

1,856

2,170

4,026

Charge for the year

387

3,178

3,565

At 30 November 2023

2,243

5,348

7,591

Carrying amount

At 30 November 2023

927

9,532

10,459

At 30 November 2022

1,314

12,710

14,024

 

Hansons Decorating Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2023

5

Debtors

2023
£

2022
£

Other debtors

240

214

Prepayments

558

508

798

722

6

Creditors

Creditors: amounts falling due within one year

Note

2023
£

2022
£

Due within one year

 

Loans and borrowings

2,378

2,378

Trade creditors

 

-

319

Taxation and social security

 

2,847

831

Other creditors

 

367

282

 

5,592

3,810

Creditors: amounts falling due after more than one year

Note

2023
£

2022
£

Due after one year

 

Loans and borrowings

5,747

8,125

7

Share capital

Allotted, called up and fully paid shares

2023

2022

No.

£

No.

£

Ordinary shares of £1 each

100

100

100

100