IRIS Accounts Production v24.3.0.553 06662888 director 1.9.23 31.8.24 31.8.24 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh066628882023-08-31066628882024-08-31066628882023-09-012024-08-31066628882022-08-31066628882022-09-012023-08-31066628882023-08-3106662888ns15:EnglandWales2023-09-012024-08-3106662888ns14:PoundSterling2023-09-012024-08-3106662888ns10:Director12023-09-012024-08-3106662888ns10:PrivateLimitedCompanyLtd2023-09-012024-08-3106662888ns10:SmallEntities2023-09-012024-08-3106662888ns10:AuditExempt-NoAccountantsReport2023-09-012024-08-3106662888ns10:SmallCompaniesRegimeForDirectorsReport2023-09-012024-08-3106662888ns10:SmallCompaniesRegimeForAccounts2023-09-012024-08-3106662888ns10:FullAccounts2023-09-012024-08-3106662888ns10:OrdinaryShareClass12023-09-012024-08-3106662888ns10:CompanySecretary12023-09-012024-08-3106662888ns10:RegisteredOffice2023-09-012024-08-3106662888ns5:CurrentFinancialInstruments2024-08-3106662888ns5:CurrentFinancialInstruments2023-08-3106662888ns5:Non-currentFinancialInstruments2024-08-3106662888ns5:Non-currentFinancialInstruments2023-08-3106662888ns5:ShareCapital2024-08-3106662888ns5:ShareCapital2023-08-3106662888ns5:RetainedEarningsAccumulatedLosses2024-08-3106662888ns5:RetainedEarningsAccumulatedLosses2023-08-3106662888ns5:PlantMachinery2023-09-012024-08-3106662888ns5:MotorVehicles2023-09-012024-08-3106662888ns5:ComputerEquipment2023-09-012024-08-3106662888ns5:PlantMachinery2023-08-3106662888ns5:MotorVehicles2023-08-3106662888ns5:ComputerEquipment2023-08-3106662888ns5:PlantMachinery2024-08-3106662888ns5:MotorVehicles2024-08-3106662888ns5:ComputerEquipment2024-08-3106662888ns5:PlantMachinery2023-08-3106662888ns5:MotorVehicles2023-08-3106662888ns5:ComputerEquipment2023-08-3106662888ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2023-08-3106662888ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2023-09-012024-08-3106662888ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2024-08-3106662888ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2023-08-3106662888ns5:WithinOneYearns5:CurrentFinancialInstruments2024-08-3106662888ns5:WithinOneYearns5:CurrentFinancialInstruments2023-08-3106662888ns10:OrdinaryShareClass12024-08-3106662888ns5:RetainedEarningsAccumulatedLosses2023-08-3106662888ns5:RetainedEarningsAccumulatedLosses2023-09-012024-08-31
REGISTERED NUMBER: 06662888 (England and Wales)











UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2024

FOR

W HARDY BUILDERS LTD

W HARDY BUILDERS LTD (REGISTERED NUMBER: 06662888)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


W HARDY BUILDERS LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 AUGUST 2024







DIRECTOR: W Hardy





SECRETARY: Mrs J Hardy





REGISTERED OFFICE: Phoenix House
Chevening
Sevenoaks
Kent
TN14 6HE





REGISTERED NUMBER: 06662888 (England and Wales)





ACCOUNTANTS: Sargeant Partnership LLP
Chartered Accountants
5 White Oak Square
London Road
Swanley
Kent
BR8 7AG

W HARDY BUILDERS LTD (REGISTERED NUMBER: 06662888)

BALANCE SHEET
31 AUGUST 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 114,665 140,994

CURRENT ASSETS
Debtors 5 18,093 28,184
Cash at bank 188,379 72,379
206,472 100,563
CREDITORS
Amounts falling due within one year 6 57,171 28,185
NET CURRENT ASSETS 149,301 72,378
TOTAL ASSETS LESS CURRENT
LIABILITIES

263,966

213,372

CREDITORS
Amounts falling due after more than one
year

7

-

(1,458

)

PROVISIONS FOR LIABILITIES (28,666 ) (35,249 )
NET ASSETS 235,300 176,665

CAPITAL AND RESERVES
Called up share capital 8 3 3
Retained earnings 9 235,297 176,662
SHAREHOLDERS' FUNDS 235,300 176,665

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

W HARDY BUILDERS LTD (REGISTERED NUMBER: 06662888)

BALANCE SHEET - continued
31 AUGUST 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 director and authorised for issue on 13 November 2024 and were signed by:





W Hardy - Director


W HARDY BUILDERS LTD (REGISTERED NUMBER: 06662888)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

1. STATUTORY INFORMATION

W Hardy Builders Ltd 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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.
Plant and machinery - 25% per annum on reducing balance
Motor vehicles - 25% per annum on reducing balance
Computer equipment - 25% per annum on reducing balance

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.

W HARDY BUILDERS LTD (REGISTERED NUMBER: 06662888)

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

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 3 ) .

4. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 September 2023 123,221 108,452 1,161 232,834
Additions 9,512 - 134 9,646
At 31 August 2024 132,733 108,452 1,295 242,480
DEPRECIATION
At 1 September 2023 30,330 61,200 310 91,840
Charge for year 23,871 11,814 290 35,975
At 31 August 2024 54,201 73,014 600 127,815
NET BOOK VALUE
At 31 August 2024 78,532 35,438 695 114,665
At 31 August 2023 92,891 47,252 851 140,994

W HARDY BUILDERS LTD (REGISTERED NUMBER: 06662888)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 2024

4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
At 1 September 2023
and 31 August 2024 24,150
DEPRECIATION
At 1 September 2023 15,095
Charge for year 2,265
At 31 August 2024 17,360
NET BOOK VALUE
At 31 August 2024 6,790
At 31 August 2023 9,055

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 1,443 -
Other debtors 16,650 28,184
18,093 28,184

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Hire purchase contracts 1,458 2,500
Trade creditors 5,552 19,735
Taxation and social security 46,955 3,229
Other creditors 3,206 2,721
57,171 28,185

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
2024 2023
£    £   
Hire purchase contracts - 1,458

W HARDY BUILDERS LTD (REGISTERED NUMBER: 06662888)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 2024

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
3 Ordinary £1 3 3

9. RESERVES
Retained
earnings
£   

At 1 September 2023 176,662
Profit for the year 101,635
Dividends (43,000 )
At 31 August 2024 235,297

10. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

At the balance sheet date the director was owed £311 by the company (2023 : £311).

Dividends of £28,667 were voted to Mr W Hardy during the year.

11. RELATED PARTY DISCLOSURES

At the balance sheet date Mrs J Hardy owed the company £12,366.

Also at the balance sheet date, Mrs J Hardy was owed £312, by the company (2023 : £312).

During the year dividends of £14,333 were voted to Mrs J Hardy.

12. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is W Hardy.