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REGISTERED NUMBER: 05039382 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 April 2024

for

HSB Flooring Limited

HSB Flooring Limited (Registered number: 05039382)






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


HSB Flooring Limited

Company Information
for the Year Ended 30 April 2024







DIRECTORS: JH Beveridge
RD Savage





REGISTERED OFFICE: 3-5,Westcliffe Drive,
Blackpool
FY3 7BJ





REGISTERED NUMBER: 05039382 (England and Wales)





ACCOUNTANTS: Mills & Burns Limited
T/A NPM Accounting Services
Layton House
3-5 Westcliffe Drive
Layton
Blackpool
Lancashire
FY3 7BJ

HSB Flooring Limited (Registered number: 05039382)

Balance Sheet
30 April 2024

30.4.24 30.4.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 12,000 12,000
Tangible assets 5 56,748 46,064
68,748 58,064

CURRENT ASSETS
Stocks 47,388 46,842
Debtors 6 92,865 137,117
Investments 7 40,000 40,000
Cash at bank and in hand 218,566 147,830
398,819 371,789
CREDITORS
Amounts falling due within one year 8 72,866 82,896
NET CURRENT ASSETS 325,953 288,893
TOTAL ASSETS LESS CURRENT
LIABILITIES

394,701

346,957

CREDITORS
Amounts falling due after more than one
year

9

24,917

35,037
NET ASSETS 369,784 311,920

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 369,684 311,820
SHAREHOLDERS' FUNDS 369,784 311,920

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.

HSB Flooring Limited (Registered number: 05039382)

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 12 August 2024 and were signed on its behalf by:





JH Beveridge - Director


HSB Flooring Limited (Registered number: 05039382)

Notes to the Financial Statements
for the Year Ended 30 April 2024

1. STATUTORY INFORMATION

HSB Flooring 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.

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

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 10 (2023 - 10 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 May 2023
and 30 April 2024 12,000
NET BOOK VALUE
At 30 April 2024 12,000
At 30 April 2023 12,000

HSB Flooring Limited (Registered number: 05039382)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

5. TANGIBLE FIXED ASSETS
Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1 May 2023 21,512 79,539 3,567 104,618
Additions - 21,950 - 21,950
At 30 April 2024 21,512 101,489 3,567 126,568
DEPRECIATION
At 1 May 2023 19,022 36,662 2,870 58,554
Charge for year 373 10,719 174 11,266
At 30 April 2024 19,395 47,381 3,044 69,820
NET BOOK VALUE
At 30 April 2024 2,117 54,108 523 56,748
At 30 April 2023 2,490 42,877 697 46,064

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Trade debtors 73,108 108,840
Other debtors 19,757 28,277
92,865 137,117

7. CURRENT ASSET INVESTMENTS
30.4.24 30.4.23
£    £   
Investment 40,000 40,000

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Trade creditors 13,950 29,907
Taxation and social security 43,282 36,882
Other creditors 15,634 16,107
72,866 82,896

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.4.24 30.4.23
£    £   
Bank loans 24,917 34,792
Hire purchase contracts - 245
24,917 35,037