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REGISTERED NUMBER: 00693584 (England and Wales)











UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2023

FOR

E.HOOPER & SONS(FRADDON)LIMITED

E.HOOPER & SONS(FRADDON)LIMITED (REGISTERED NUMBER: 00693584)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


E.HOOPER & SONS(FRADDON)LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MAY 2023







DIRECTORS: P J S Hooper
Mrs S J Hooper
P E T Hooper





SECRETARY: Mrs S J Hooper





REGISTERED OFFICE: Fort Wayne
Penhale
Fraddon
St Columb
Cornwall





REGISTERED NUMBER: 00693584 (England and Wales)





ACCOUNTANTS: Whitakers
Chartered Accountants
Bryndon House
5/7 Berry Road
Newquay
Cornwall
TR7 1AD

E.HOOPER & SONS(FRADDON)LIMITED (REGISTERED NUMBER: 00693584)

BALANCE SHEET
31 MAY 2023

31.5.23 31.5.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 400,082 430,579

CURRENT ASSETS
Stocks 4,534 9,962
Debtors 5 138,881 122,341
Cash at bank and in hand 276,922 266,790
420,337 399,093
CREDITORS
Amounts falling due within one year 6 146,312 173,793
NET CURRENT ASSETS 274,025 225,300
TOTAL ASSETS LESS CURRENT
LIABILITIES

674,107

655,879

PROVISIONS FOR LIABILITIES 9,212 13,066
NET ASSETS 664,895 642,813

CAPITAL AND RESERVES
Called up share capital 5,500 5,500
Capital redemption reserve 4,500 4,500
Retained earnings 654,895 632,813
SHAREHOLDERS' FUNDS 664,895 642,813

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

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

E.HOOPER & SONS(FRADDON)LIMITED (REGISTERED NUMBER: 00693584)

BALANCE SHEET - continued
31 MAY 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 22 February 2024 and were signed on its behalf by:





P J S Hooper - Director


E.HOOPER & SONS(FRADDON)LIMITED (REGISTERED NUMBER: 00693584)

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

1. STATUTORY INFORMATION

E.hooper & Sons(Fraddon)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 as modified by the revaluation of certain assets.

Turnover
Turnover represents the net invoiced sales of goods and services, excluding value added tax.

Turnover is recognised on an invoice basis upon the transfer of ownership of the relevant goods and on the completion of the respective service provided, or on the payment in advance for the provision of goods or services if earlier.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - 2% on cost
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 15% on reducing balance

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

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.

E.HOOPER & SONS(FRADDON)LIMITED (REGISTERED NUMBER: 00693584)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MAY 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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme for it's directors. Contributions payable for the year are charged in the profit and loss account.

Fixed asset investments
Fixed asset investments are stated at their open market value at the balance sheet date. Any increase or decrease in the market value from year to year is shown as a movement on the statement of recognised gains and losses.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2022 - 7 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Freehold Plant and and
property machinery fittings Totals
£    £    £    £   
COST
At 1 June 2022
and 31 May 2023 395,640 552,032 21,775 969,447
DEPRECIATION
At 1 June 2022 55,533 463,503 19,832 538,868
Charge for year 7,912 22,131 454 30,497
At 31 May 2023 63,445 485,634 20,286 569,365
NET BOOK VALUE
At 31 May 2023 332,195 66,398 1,489 400,082
At 31 May 2022 340,107 88,529 1,943 430,579

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.23 31.5.22
£    £   
Trade debtors 111,461 96,560
Prepayments 27,420 25,781
138,881 122,341

E.HOOPER & SONS(FRADDON)LIMITED (REGISTERED NUMBER: 00693584)

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

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.23 31.5.22
£    £   
Trade creditors 83,951 118,386
Corporation tax 12,161 14,270
Social security and other taxes 17,312 17,148
Other creditors 372 456
Directors' current accounts 23,656 20,108
Accrued expenses 8,860 3,425
146,312 173,793

7. OTHER FINANCIAL COMMITMENTS

The company has an ongoing operating lease commitment with its pension scheme in respect of rent payable at £21,950 per annum.

8. ULTIMATE CONTROLLING PARTY

During the year the Company was controlled by Mr P J S Hooper by virtue of the fact that he owns 56.4% of the Company's issued Ordinary share capital. Another 39.1% is owned by his wife Mrs S J Hooper. Therefore Mr P J S Hooper has a Beneficial interest of 95.5%.