IRIS Accounts Production v24.3.2.46 07602632 Board of Directors 1.5.23 30.4.24 30.4.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh076026322023-04-30076026322024-04-30076026322023-05-012024-04-30076026322022-04-30076026322022-05-012023-04-30076026322023-04-3007602632ns15:EnglandWales2023-05-012024-04-3007602632ns14:PoundSterling2023-05-012024-04-3007602632ns10:Director12023-05-012024-04-3007602632ns10:PrivateLimitedCompanyLtd2023-05-012024-04-3007602632ns10:SmallEntities2023-05-012024-04-3007602632ns10:AuditExempt-NoAccountantsReport2023-05-012024-04-3007602632ns10:SmallCompaniesRegimeForDirectorsReport2023-05-012024-04-3007602632ns10:SmallCompaniesRegimeForAccounts2023-05-012024-04-3007602632ns10:FullAccounts2023-05-012024-04-3007602632ns10:Director22023-05-012024-04-3007602632ns10:RegisteredOffice2023-05-012024-04-3007602632ns5:CurrentFinancialInstruments2024-04-3007602632ns5:CurrentFinancialInstruments2023-04-3007602632ns5:Non-currentFinancialInstruments2024-04-3007602632ns5:Non-currentFinancialInstruments2023-04-3007602632ns5:ShareCapital2024-04-3007602632ns5:ShareCapital2023-04-3007602632ns5:RetainedEarningsAccumulatedLosses2024-04-3007602632ns5:RetainedEarningsAccumulatedLosses2023-04-3007602632ns5:PlantMachinery2023-05-012024-04-3007602632ns5:MotorVehicles2023-05-012024-04-3007602632ns5:ComputerEquipment2023-05-012024-04-3007602632ns5:PlantMachinery2023-04-3007602632ns5:MotorVehicles2023-04-3007602632ns5:ComputerEquipment2023-04-3007602632ns5:PlantMachinery2024-04-3007602632ns5:MotorVehicles2024-04-3007602632ns5:ComputerEquipment2024-04-3007602632ns5:PlantMachinery2023-04-3007602632ns5:MotorVehicles2023-04-3007602632ns5:ComputerEquipment2023-04-3007602632ns5:WithinOneYearns5:CurrentFinancialInstruments2024-04-3007602632ns5:WithinOneYearns5:CurrentFinancialInstruments2023-04-30
REGISTERED NUMBER: 07602632 (England and Wales)


















Unaudited Financial Statements

for the Year Ended 30th April 2024

for

Pat Hodson Builders Limited

Pat Hodson Builders Limited (Registered number: 07602632)






Contents of the Financial Statements
for the Year Ended 30th April 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Pat Hodson Builders Limited

Company Information
for the Year Ended 30th April 2024







DIRECTORS: Mr P S W Hodson
Mr R S Hodson





REGISTERED OFFICE: 14A Market Place
Uttoxeter
Staffordshire
ST14 8HP





REGISTERED NUMBER: 07602632 (England and Wales)





ACCOUNTANTS: Rice & Co Limited
Chartered Accountants
14a Market Place
Uttoxeter
Staffordshire
ST14 8HP

Pat Hodson Builders Limited (Registered number: 07602632)

Balance Sheet
30th April 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 86,805 35,977

CURRENT ASSETS
Debtors 5 171,080 117,492
Cash at bank 55,385 108,471
226,465 225,963
CREDITORS
Amounts falling due within one year 6 83,650 91,952
NET CURRENT ASSETS 142,815 134,011
TOTAL ASSETS LESS CURRENT
LIABILITIES

229,620

169,988

CREDITORS
Amounts falling due after more than one
year

7

(14,528

)

(14,968

)

PROVISIONS FOR LIABILITIES (23,003 ) (9,534 )
NET ASSETS 192,089 145,486

CAPITAL AND RESERVES
Called up share capital 20 20
Retained earnings 192,069 145,466
SHAREHOLDERS' FUNDS 192,089 145,486

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

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

Pat Hodson Builders Limited (Registered number: 07602632)

Balance Sheet - continued
30th 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 26th January 2025 and were signed on its behalf by:





Mr P S W Hodson - Director


Pat Hodson Builders Limited (Registered number: 07602632)

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

1. STATUTORY INFORMATION

Pat Hodson Builders 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 and value added tax. Turnover is recognised when services have been provided resulting in the company obtaining the right to consideration.

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% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on cost

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.

Pat Hodson Builders Limited (Registered number: 07602632)

Notes to the Financial Statements - continued
for the Year Ended 30th 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.

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

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 4 (2023 - 4 ) .

4. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1st May 2023 54,609 49,360 2,822 106,791
Additions - 79,333 - 79,333
Disposals - (34,410 ) - (34,410 )
At 30th April 2024 54,609 94,283 2,822 151,714
DEPRECIATION
At 1st May 2023 30,077 38,327 2,410 70,814
Charge for year 6,133 12,717 290 19,140
Eliminated on disposal - (25,045 ) - (25,045 )
At 30th April 2024 36,210 25,999 2,700 64,909
NET BOOK VALUE
At 30th April 2024 18,399 68,284 122 86,805
At 30th April 2023 24,532 11,033 412 35,977


Pat Hodson Builders Limited (Registered number: 07602632)

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

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 41,269 58,223
Other debtors 129,811 59,269
171,080 117,492

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 6,084 5,934
Hire purchase contracts 2,358 -
Trade creditors 31,757 20,072
Taxation and social security 33,385 40,002
Other creditors 10,066 25,944
83,650 91,952

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
2024 2023
£    £   
Bank loans 8,884 14,968
Hire purchase contracts 5,644 -
14,528 14,968

8. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Hire purchase contracts 8,002 -

Hire purchase contracts and finance leases are secured over the assets to which they relate.