HILLWOOD CONSTRUCTION LIMITED

Company Registration Number:
SC461829 (Scotland)

Unaudited statutory accounts for the year ended 31 October 2023

Period of accounts

Start date: 1 November 2022

End date: 31 October 2023

HILLWOOD CONSTRUCTION LIMITED

Contents of the Financial Statements

for the Period Ended 31 October 2023

Directors report
Balance sheet
Additional notes
Balance sheet notes

HILLWOOD CONSTRUCTION LIMITED

Directors' report period ended 31 October 2023

The directors present their report with the financial statements of the company for the period ended 31 October 2023

Principal activities of the company

Building Services



Directors

The director shown below has held office during the whole of the period from
1 November 2022 to 31 October 2023

K Keeie


The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
31 October 2024

And signed on behalf of the board by:
Name: K Keeie
Status: Director

HILLWOOD CONSTRUCTION LIMITED

Balance sheet

As at 31 October 2023

Notes 2023 2022


£

£
Fixed assets
Tangible assets: 3 22,859 28,574
Total fixed assets: 22,859 28,574
Current assets
Stocks: 4 77,688 12,058
Debtors: 5 81,696 2,787
Cash at bank and in hand: 30,214 37,235
Total current assets: 189,598 52,080
Creditors: amounts falling due within one year: 6 ( 211,164 ) ( 79,464 )
Net current assets (liabilities): (21,566) (27,384)
Total assets less current liabilities: 1,293 1,190
Total net assets (liabilities): 1,293 1,190
Capital and reserves
Called up share capital: 1 1
Profit and loss account: 1,292 1,189
Total Shareholders' funds: 1,293 1,190

The notes form part of these financial statements

HILLWOOD CONSTRUCTION LIMITED

Balance sheet statements

For the year ending 31 October 2023 the company was entitled to exemption 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.

The directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 31 October 2024
and signed on behalf of the board by:

Name: K Keeie
Status: Director

The notes form part of these financial statements

HILLWOOD CONSTRUCTION LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied

    Tangible fixed assets depreciation policy

    Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent impairment losses.

    Other accounting policies

    Deferred Taxation Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date. Unrelieved tax losses and other deferred tax assets are recognised 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 that are expected to apply to the reversal of the timing difference Corporation Tax The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. 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. Financial Instruments The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares

HILLWOOD CONSTRUCTION LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 1 1

HILLWOOD CONSTRUCTION LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 November 2022 40,023 40,023
Additions
Disposals
Revaluations
Transfers
At 31 October 2023 40,023 40,023
Depreciation
At 1 November 2022 11,449 11,449
Charge for year 5,715 5,715
On disposals
Other adjustments
At 31 October 2023 17,164 17,164
Net book value
At 31 October 2023 22,859 22,859
At 31 October 2022 28,574 28,574

HILLWOOD CONSTRUCTION LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

4. Stocks

2023 2022
£ £
Stocks 77,688 12,058
Total 77,688 12,058

HILLWOOD CONSTRUCTION LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

5. Debtors

2023 2022
£ £
Trade debtors 81,696 2,787
Total 81,696 2,787

HILLWOOD CONSTRUCTION LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

6. Creditors: amounts falling due within one year note

2023 2022
£ £
Trade creditors 142,441
Taxation and social security 5,271 2,262
Accruals and deferred income 650 650
Other creditors 62,802 76,552
Total 211,164 79,464