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REGISTERED NUMBER: 01207809 (England and Wales)











FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2024

FOR

HALL BROS. (BRIDLINGTON) LIMITED

HALL BROS. (BRIDLINGTON) LIMITED (REGISTERED NUMBER: 01207809)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


HALL BROS. (BRIDLINGTON) LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 APRIL 2024







DIRECTORS: H W F C Hall
J P Clarkson - Hall
S Jewitt





SECRETARY: J P Clarkson - Hall





REGISTERED OFFICE: Medina House
2 Station Avenue
BRIDLINGTON
East Yorkshire
Y016 4LZ





REGISTERED NUMBER: 01207809 (England and Wales)





ACCOUNTANTS: Lloyd Dowson Limited
Medina House
2 Station Avenue
Bridlington
East Yorkshire
YO16 4LZ

HALL BROS. (BRIDLINGTON) LIMITED (REGISTERED NUMBER: 01207809)

BALANCE SHEET
30 APRIL 2024

30.4.24 30.4.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 279,139 554,979
Investments 5 102,500 102,500
Investment property 6 350,000 350,000
731,639 1,007,479

CURRENT ASSETS
Stocks 5,352 5,002
Debtors 7 89,081 78,159
Cash at bank and in hand 261,346 362,024
355,779 445,185
CREDITORS
Amounts falling due within one year 8 639,544 787,322
NET CURRENT LIABILITIES (283,765 ) (342,137 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

447,874

665,342

CREDITORS
Amounts falling due after more than one
year

9

(11,358

)

(91,203

)

PROVISIONS FOR LIABILITIES (98,725 ) (167,499 )
NET ASSETS 337,791 406,640

CAPITAL AND RESERVES
Called up share capital 11 8,080 8,080
Capital redemption reserve 11,920 11,920
Non distributable reserve 158,107 158,107
Retained earnings 159,684 228,533
SHAREHOLDERS' FUNDS 337,791 406,640

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2024 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.

HALL BROS. (BRIDLINGTON) LIMITED (REGISTERED NUMBER: 01207809)

BALANCE SHEET - continued
30 APRIL 2024


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 30 September 2024 and were signed on its behalf by:





H W F C Hall - Director


HALL BROS. (BRIDLINGTON) LIMITED (REGISTERED NUMBER: 01207809)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

1. STATUTORY INFORMATION

Hall Bros. (Bridlington) 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 is measured at fair value of the consideration received or receivable for the supply of crane hire and heating work done, recognised on a date supplied basis, excluding discounts, rebates, value added tax and other sales tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Leasehold property - over the lease term
Plant and machinery - 20% on reducing balance
Cranes and lorries - 10% on reducing balance
Motor vehicles - 25% on reducing balance
Office equipment - 20% on reducing balance

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

HALL BROS. (BRIDLINGTON) LIMITED (REGISTERED NUMBER: 01207809)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024

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.

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.

Additionally the company implements automatic enrolment into a workplace pension scheme in relation to all employees.

All contributions payable for the year are charged to the income statement.

Fixed asset investments
Investment in subsidiary and unlisted entity is recorded at cost as a reliable fair value cannot be established.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2023 - 9 ) .

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 May 2023 9,050 1,107,294 1,116,344
Additions - 228,595 228,595
Disposals - (568,813 ) (568,813 )
At 30 April 2024 9,050 767,076 776,126
DEPRECIATION
At 1 May 2023 9,050 552,315 561,365
Charge for year - 52,157 52,157
Eliminated on disposal - (116,535 ) (116,535 )
At 30 April 2024 9,050 487,937 496,987
NET BOOK VALUE
At 30 April 2024 - 279,139 279,139
At 30 April 2023 - 554,979 554,979

Leasehold property is short leasehold as defined by the Companies Act 2006.

The net book value of tangible fixed assets includes £NIL (2023 - £ 45,093 ) in respect of assets held under hire purchase contracts.

HALL BROS. (BRIDLINGTON) LIMITED (REGISTERED NUMBER: 01207809)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST OR VALUATION
At 1 May 2023
and 30 April 2024 102,500
NET BOOK VALUE
At 30 April 2024 102,500
At 30 April 2023 102,500

Cost or valuation at 30 April 2024 is represented by:

Other
investments
£   
Cost 102,500

Fixed asset investments includes 100% interest in Hall Bros (Fuels) Limited, together with a further £1,000 minority interest in an unlisted entity.

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 May 2023
and 30 April 2024 350,000
NET BOOK VALUE
At 30 April 2024 350,000
At 30 April 2023 350,000

Fair value at 30 April 2024 is represented by:
£   
Valuation in 1997 74,620
Valuation in 2007 20,960
Valuation in 2010 (53,811 )
Valuation in 2020 150,000
Cost 158,231
350,000

If investment property had not been revalued it would have been included at the following historical cost:

30.4.24 30.4.23
£    £   
Cost 158,231 158,231

Investment property was valued on a fair value basis on 30 April 2024 by the directors .

HALL BROS. (BRIDLINGTON) LIMITED (REGISTERED NUMBER: 01207809)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Trade debtors 83,580 71,950
Other debtors 5,501 6,209
89,081 78,159

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Bank loans and overdrafts 48,297 -
Hire purchase contracts - 8,580
Trade creditors 46,805 28,635
Taxation and social security 18,482 63,720
Other creditors 525,960 686,387
639,544 787,322

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.4.24 30.4.23
£    £   
Hire purchase contracts - 12,953
Other creditors 11,358 78,250
11,358 91,203

10. SECURED DEBTS

The following secured debts are included within creditors:

30.4.24 30.4.23
£    £   
Bank overdrafts 48,297 -
Hire purchase contracts - 21,533
48,297 21,533

11. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.4.24 30.4.23
value: £    £   
8,080 Ordinary £1 8,080 8,080

12. CONTINGENT LIABILITIES

The company has provided a guarantee to the bankers of its subsidiary Hall Bros (Fuels) Limited. In addition, the company has also provided a guarantee to the fuel supplier of Hall Bros (Fuels) Limited. It is the opinion of the directors that these guarantees will not crystallise and therefore has not been provided for in these accounts.

HALL BROS. (BRIDLINGTON) LIMITED (REGISTERED NUMBER: 01207809)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024

13. CAPITAL COMMITMENTS
30.4.24 30.4.23
£    £   
Contracted but not provided for in the
financial statements - 140,000