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REGISTERED NUMBER: 00693584 (England and Wales)











UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2024

FOR

E.HOOPER & SONS(FRADDON)LIMITED

E.HOOPER & SONS(FRADDON)LIMITED (REGISTERED NUMBER: 00693584)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


E.HOOPER & SONS(FRADDON)LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MAY 2024







DIRECTORS: P J S Hooper
Mrs S J Hooper
P E T Hooper
Miss D C Hooper
Miss R E Hooper





SECRETARY: Mrs S J Hooper





REGISTERED OFFICE: Fort Wayne
Penhale
Fraddon
St Columb
Cornwall





REGISTERED NUMBER: 00693584 (England and Wales)





ACCOUNTANTS: Whitakers
Chartered Accountants
Bryndon House
5/7 Berry Road
Newquay
Cornwall
TR7 1AD

E.HOOPER & SONS(FRADDON)LIMITED (REGISTERED NUMBER: 00693584)

BALANCE SHEET
31 MAY 2024

31.5.24 31.5.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 499,473 400,082

CURRENT ASSETS
Stocks 9,400 4,534
Debtors 5 230,995 138,881
Cash at bank and in hand 239,179 276,922
479,574 420,337
CREDITORS
Amounts falling due within one year 6 240,859 146,312
NET CURRENT ASSETS 238,715 274,025
TOTAL ASSETS LESS CURRENT
LIABILITIES

738,188

674,107

CREDITORS
Amounts falling due after more than one
year

7

(90,080

)

-

PROVISIONS FOR LIABILITIES (7,792 ) (9,212 )
NET ASSETS 640,316 664,895

CAPITAL AND RESERVES
Called up share capital 5,500 5,500
Capital redemption reserve 4,500 4,500
Retained earnings 630,316 654,895
SHAREHOLDERS' FUNDS 640,316 664,895

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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.

E.HOOPER & SONS(FRADDON)LIMITED (REGISTERED NUMBER: 00693584)

BALANCE SHEET - continued
31 MAY 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 11 February 2025 and were signed on its behalf by:





P J S Hooper - Director


E.HOOPER & SONS(FRADDON)LIMITED (REGISTERED NUMBER: 00693584)

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

1. STATUTORY INFORMATION

E.hooper & Sons(Fraddon)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 represents the net invoiced sales of goods and services, excluding value added tax.

Turnover is recognised on an invoice basis upon the transfer of ownership of the relevant goods and on the completion of the respective service provided, or on the payment in advance for the provision of goods or services if earlier.

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.
Freehold property - 2% on cost
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 15% 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.

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.

E.HOOPER & SONS(FRADDON)LIMITED (REGISTERED NUMBER: 00693584)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MAY 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 for it's directors. Contributions payable for the year are charged in the profit and loss account.

Fixed asset investments
Fixed asset investments are stated at their open market value at the balance sheet date. Any increase or decrease in the market value from year to year is shown as a movement on the statement of recognised gains and losses.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2023 - 7 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Freehold Plant and and
property machinery fittings Totals
£    £    £    £   
COST
At 1 June 2023 395,640 552,032 21,775 969,447
Additions - 165,500 - 165,500
At 31 May 2024 395,640 717,532 21,775 1,134,947
DEPRECIATION
At 1 June 2023 63,445 485,634 20,286 569,365
Charge for year 7,912 57,973 224 66,109
At 31 May 2024 71,357 543,607 20,510 635,474
NET BOOK VALUE
At 31 May 2024 324,283 173,925 1,265 499,473
At 31 May 2023 332,195 66,398 1,489 400,082

E.HOOPER & SONS(FRADDON)LIMITED (REGISTERED NUMBER: 00693584)

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

4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Plant and
machinery
£   
COST
Additions 165,500
At 31 May 2024 165,500
DEPRECIATION
Charge for year 41,375
At 31 May 2024 41,375
NET BOOK VALUE
At 31 May 2024 124,125

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Trade debtors 185,461 111,461
Other debtors 14,912 -
Prepayments 30,622 27,420
230,995 138,881

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Hire purchase contracts 30,200 -
Trade creditors 177,253 83,951
Corporation tax - 12,161
Social security and other taxes 3,903 17,312
Other creditors 411 372
Directors' current accounts 25,427 23,656
Accrued expenses 3,665 8,860
240,859 146,312

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.5.24 31.5.23
£    £   
Hire purchase contracts 90,080 -

8. OTHER FINANCIAL COMMITMENTS

The company has an ongoing operating lease commitment with its pension scheme in respect of rent payable at £21,950 per annum.

E.HOOPER & SONS(FRADDON)LIMITED (REGISTERED NUMBER: 00693584)

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

9. ULTIMATE CONTROLLING PARTY

During the year the Company was controlled by Mr P J S Hooper by virtue of the fact that he owns 55.8% of the Company's issued Ordinary share capital. Another 38.5% is owned by his wife Mrs S J Hooper. Therefore Mr P J S Hooper has a Beneficial interest of 94.3%.