2023-01-012023-12-312023-12-31false10086551Hampshire Staircase Refurbishments Ltd2024-04-01iso4217:GBPxbrli:pure100865512023-01-01100865512023-12-31100865512023-01-012023-12-31100865512022-01-01100865512022-12-31100865512022-01-012022-12-3110086551bus:SmallEntities2023-01-012023-12-3110086551bus:AuditExempt-NoAccountantsReport2023-01-012023-12-3110086551bus:FullAccounts2023-01-012023-12-3110086551bus:PrivateLimitedCompanyLtd2023-01-012023-12-3110086551core:WithinOneYear2023-12-3110086551core:AfterOneYear2023-12-3110086551core:WithinOneYear2022-12-3110086551core:AfterOneYear2022-12-3110086551core:ShareCapital2023-12-3110086551core:SharePremium2023-12-3110086551core:RevaluationReserve2023-12-3110086551core:OtherReservesSubtotal2023-12-3110086551core:RetainedEarningsAccumulatedLosses2023-12-3110086551core:ShareCapital2022-12-3110086551core:SharePremium2022-12-3110086551core:RevaluationReserve2022-12-3110086551core:OtherReservesSubtotal2022-12-3110086551core:RetainedEarningsAccumulatedLosses2022-12-3110086551core:LandBuildings2023-12-3110086551core:PlantMachinery2023-12-3110086551core:Vehicles2023-12-3110086551core:FurnitureFittings2023-12-3110086551core:OfficeEquipment2023-12-3110086551core:NetGoodwill2023-12-3110086551core:IntangibleAssetsOtherThanGoodwill2023-12-3110086551core:ListedExchangeTraded2023-12-3110086551core:UnlistedNon-exchangeTraded2023-12-3110086551core:LandBuildings2022-12-3110086551core:PlantMachinery2022-12-3110086551core:Vehicles2022-12-3110086551core:FurnitureFittings2022-12-3110086551core:OfficeEquipment2022-12-3110086551core:NetGoodwill2022-12-3110086551core:IntangibleAssetsOtherThanGoodwill2022-12-3110086551core:ListedExchangeTraded2022-12-3110086551core:UnlistedNon-exchangeTraded2022-12-3110086551core:LandBuildings2023-01-012023-12-3110086551core:PlantMachinery2023-01-012023-12-3110086551core:Vehicles2023-01-012023-12-3110086551core:FurnitureFittings2023-01-012023-12-3110086551core:OfficeEquipment2023-01-012023-12-3110086551core:NetGoodwill2023-01-012023-12-3110086551core:IntangibleAssetsOtherThanGoodwill2023-01-012023-12-3110086551core:ListedExchangeTraded2023-01-012023-12-3110086551core:UnlistedNon-exchangeTraded2023-01-012023-12-3110086551core:MoreThanFiveYears2023-01-012023-12-3110086551core:Non-currentFinancialInstruments2023-12-3110086551core:Non-currentFinancialInstruments2022-12-3110086551dpl:CostSales2023-01-012023-12-3110086551dpl:DistributionCosts2023-01-012023-12-3110086551core:LandBuildings2023-01-012023-12-3110086551core:PlantMachinery2023-01-012023-12-3110086551core:Vehicles2023-01-012023-12-3110086551core:FurnitureFittings2023-01-012023-12-3110086551core:OfficeEquipment2023-01-012023-12-3110086551dpl:AdministrativeExpenses2023-01-012023-12-3110086551core:NetGoodwill2023-01-012023-12-3110086551core:IntangibleAssetsOtherThanGoodwill2023-01-012023-12-3110086551dpl:GroupUndertakings2023-01-012023-12-3110086551dpl:ParticipatingInterests2023-01-012023-12-3110086551dpl:GroupUndertakingscore:ListedExchangeTraded2023-01-012023-12-3110086551core:ListedExchangeTraded2023-01-012023-12-3110086551dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-01-012023-12-3110086551core:UnlistedNon-exchangeTraded2023-01-012023-12-3110086551dpl:CostSales2022-01-012022-12-3110086551dpl:DistributionCosts2022-01-012022-12-3110086551core:LandBuildings2022-01-012022-12-3110086551core:PlantMachinery2022-01-012022-12-3110086551core:Vehicles2022-01-012022-12-3110086551core:FurnitureFittings2022-01-012022-12-3110086551core:OfficeEquipment2022-01-012022-12-3110086551dpl:AdministrativeExpenses2022-01-012022-12-3110086551core:NetGoodwill2022-01-012022-12-3110086551core:IntangibleAssetsOtherThanGoodwill2022-01-012022-12-3110086551dpl:GroupUndertakings2022-01-012022-12-3110086551dpl:ParticipatingInterests2022-01-012022-12-3110086551dpl:GroupUndertakingscore:ListedExchangeTraded2022-01-012022-12-3110086551core:ListedExchangeTraded2022-01-012022-12-3110086551dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-01-012022-12-3110086551core:UnlistedNon-exchangeTraded2022-01-012022-12-3110086551core:NetGoodwill2023-12-3110086551core:IntangibleAssetsOtherThanGoodwill2023-12-3110086551core:LandBuildings2023-12-3110086551core:PlantMachinery2023-12-3110086551core:Vehicles2023-12-3110086551core:FurnitureFittings2023-12-3110086551core:OfficeEquipment2023-12-3110086551core:AfterOneYear2023-12-3110086551core:WithinOneYear2023-12-3110086551core:ListedExchangeTraded2023-12-3110086551core:UnlistedNon-exchangeTraded2023-12-3110086551core:ShareCapital2023-12-3110086551core:SharePremium2023-12-3110086551core:RevaluationReserve2023-12-3110086551core:OtherReservesSubtotal2023-12-3110086551core:RetainedEarningsAccumulatedLosses2023-12-3110086551core:NetGoodwill2022-12-3110086551core:IntangibleAssetsOtherThanGoodwill2022-12-3110086551core:LandBuildings2022-12-3110086551core:PlantMachinery2022-12-3110086551core:Vehicles2022-12-3110086551core:FurnitureFittings2022-12-3110086551core:OfficeEquipment2022-12-3110086551core:AfterOneYear2022-12-3110086551core:WithinOneYear2022-12-3110086551core:ListedExchange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Hampshire Staircase Refurbishments Ltd

Registered Number
10086551
(England and Wales)

Unaudited Financial Statements for the Year ended
31 December 2023

Hampshire Staircase Refurbishments Ltd
Company Information
for the year from 1 January 2023 to 31 December 2023

Directors

Douglas Collins
Iain Collins
Sarah Collins

Registered Address

4 Rosebank Parade
37 Plough Road
Yateley
GU46 7UW

Registered Number

10086551 (England and Wales)
Hampshire Staircase Refurbishments Ltd
Balance Sheet as at
31 December 2023

Notes

2023

2022

£

£

£

£

Fixed assets
Intangible assets3105,000125,000
Tangible assets463,99971,261
168,999196,261
Current assets
Stocks538,16336,000
Debtors60,23656,249
Cash at bank and on hand130,205147,226
228,604239,475
Creditors amounts falling due within one year6(293,465)(297,160)
Net current assets (liabilities)(64,861)(57,685)
Total assets less current liabilities104,138138,576
Creditors amounts falling due after one year7(15,134)(25,782)
Provisions for liabilities8(32,110)-
Net assets56,894112,794
Capital and reserves
Called up share capital100100
Profit and loss account56,794112,694
Shareholders' funds56,894112,794
The financial statements were approved and authorised for issue by the Board of Directors on 1 April 2024, and are signed on its behalf by:
Douglas Collins
Director
Sarah Collins
Director

Registered Company No. 10086551
Hampshire Staircase Refurbishments Ltd
Notes to the Financial Statements
for the year ended 31 December 2023

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover policy
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.
Revenue from sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Revenue from rendering of services
Revenue from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
Employee benefits
Contributions to defined contribution plans are expensed in the period to which they relate.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Current taxation
Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax
Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Intangible assets
Goodwill arising on the acquisition of an entity represents the excess of the cost of acquisition over the company's interest in the net fair value of the identifiable assets, liabilites and contingent liabilities of the entity recognised at the date of acquisition. Goodwill is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amoritisation and accumulated impairment losses. Goodwill is amortised over its useful life, which shall not exceed ten years if a reliable estimate of the useful life can not be made.
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

Reducing balance (%)Straight line (years)
Plant and machinery-4
Vehicles33-
Office Equipment-4
Finance leases and hire purchase contracts
Assets held under finance leases which are leases where substantially all the risks and rewards of ownership of the asset have passed to the company, and hire purchase contracts are capitalised in the balance sheet. They are depreciated over the shorter of their useful lives or the term of the lease.
Stocks and work in progress
Inventories are valued at the lower of cost and estimated selling price (less any associated costs to enable such sales to complete).
Trade and other debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Trade and other creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
2.Average number of employees

20232022
Average number of employees during the year2019
3.Intangible assets

Goodwill

Total

££
Cost or valuation
At 01 January 23200,000200,000
At 31 December 23200,000200,000
Amortisation and impairment
At 01 January 2375,00075,000
Charge for year20,00020,000
At 31 December 2395,00095,000
Net book value
At 31 December 23105,000105,000
At 31 December 22125,000125,000
4.Tangible fixed assets

Plant & machinery

Vehicles

Office Equipment

Total

££££
Cost or valuation
At 01 January 237,001112,7609,923129,684
Additions6,132-6,93013,062
At 31 December 2313,133112,76016,853142,746
Depreciation and impairment
At 01 January 233,22050,5374,66658,423
Charge for year1,58816,1012,63620,325
Other adjustments--(1)(1)
At 31 December 234,80866,6387,30178,747
Net book value
At 31 December 238,32546,1229,55263,999
At 31 December 223,78162,2235,25771,261
5.Stocks

2023

2022

££
Raw materials and consumables38,16336,000
Total38,16336,000
6.Creditors: amounts due within one year

2023

2022

££
Trade creditors / trade payables31,79725,013
Bank borrowings and overdrafts10,6489,870
Taxation and social security79,63767,740
Other creditors23,99527,930
Accrued liabilities and deferred income147,388166,607
Total293,465297,160
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
7.Creditors: amounts due after one year

2023

2022

££
Bank borrowings and overdrafts15,13425,782
Total15,13425,782
8.Provisions for liabilities

2023

2022

££
Net deferred tax liability (asset)32,110-
Total32,110-
9.Other commitments
The total amount of financial commitments not included in the balance sheet is £303,470 (2022 - £153,303.) Lease commitment for operating premises for the next 10 years, ignoring break clauses.