Company Registration No. 4613220 (England and Wales)
HILLS CONSTRUCTION (SOUTH WEST) LIMITED
Unaudited accounts
for the year ended 29 February 2024
HILLS CONSTRUCTION (SOUTH WEST) LIMITED
Unaudited accounts
Contents
HILLS CONSTRUCTION (SOUTH WEST) LIMITED
Company Information
for the year ended 29 February 2024
Directors
Shaun Donald Hill
Simon John Perkins
Secretary
Shaun Donald Hill
Company Number
4613220 (England and Wales)
Registered Office
UNIT 1
1 WOOD ROAD KINGSWOOD
BRISTOL
BS15 8RA
HILLS CONSTRUCTION (SOUTH WEST) LIMITED
Statement of financial position
as at 29 February 2024
Tangible assets
82,108
36,203
Inventories
105,000
105,000
Cash at bank and in hand
323,282
367,098
Creditors: amounts falling due within one year
(660,534)
(360,913)
Net current assets
648,628
590,701
Total assets less current liabilities
730,736
626,904
Creditors: amounts falling due after more than one year
(21,789)
(7,333)
Net assets
708,947
619,571
Called up share capital
3
3
Profit and loss account
708,944
619,568
Shareholders' funds
708,947
619,571
For the year ending 29 February 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 23 May 2024 and were signed on its behalf by
Shaun Donald Hill
Director
Company Registration No. 4613220
HILLS CONSTRUCTION (SOUTH WEST) LIMITED
Notes to the Accounts
for the year ended 29 February 2024
HILLS CONSTRUCTION (SOUTH WEST) LIMITED is a private company, limited by shares, registered in England and Wales, registration number 4613220. The registered office is UNIT 1, 1 WOOD ROAD KINGSWOOD, BRISTOL, BS15 8RA.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
has been depreciated using the straight line method over 4 years.
Motor vehicles
has been depreciated using the straight line method over 4 years.
Fixtures & fittings
has been depreciated using the straight line method over 4 years.
Computer equipment
has been depreciated using the straight line method over 4 years.
4
Intangible fixed assets
Goodwill
At 29 February 2024
90,000
At 29 February 2024
90,000
HILLS CONSTRUCTION (SOUTH WEST) LIMITED
Notes to the Accounts
for the year ended 29 February 2024
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 March 2023
13,942
77,804
24,017
1,285
117,048
Additions
54,966
27,500
-
2,343
84,809
Disposals
-
(23,743)
-
-
(23,743)
At 29 February 2024
68,908
81,561
24,017
3,628
178,114
At 1 March 2023
4,755
53,126
22,643
321
80,845
Charge for the year
16,804
15,826
458
907
33,995
On disposals
-
(18,834)
-
-
(18,834)
At 29 February 2024
21,559
50,118
23,101
1,228
96,006
At 29 February 2024
47,349
31,443
916
2,400
82,108
At 28 February 2023
9,187
24,678
1,374
964
36,203
Amounts falling due within one year
Trade debtors
553,016
127,353
Accrued income and prepayments
21,925
11,315
Other debtors
305,939
340,848
7
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
30,000
40,000
Obligations under finance leases and hire purchase contracts
12,795
2,341
Trade creditors
435,349
216,741
Taxes and social security
181,725
104,334
Other creditors
9,014
1,002
Loans from directors
(199,000)
(99,000)
8
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
21,789
7,333
HILLS CONSTRUCTION (SOUTH WEST) LIMITED
Notes to the Accounts
for the year ended 29 February 2024
Allotted, called up and fully paid:
3 Ordinary shares of £1 each
3
3
10
Average number of employees
During the year the average number of employees was 9 (2023: 11).