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REGISTERED NUMBER: 05810667 (England and Wales)















Financial Statements for the Year Ended 31 May 2024

for

Hutchinsons Fabrications Limited

Hutchinsons Fabrications Limited (Registered number: 05810667)






Contents of the Financial Statements
for the Year Ended 31 May 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Hutchinsons Fabrications Limited

Company Information
for the Year Ended 31 May 2024







DIRECTORS: B J Bain
Mrs R M Bain





SECRETARY: Mrs R M Bain





REGISTERED OFFICE: Mossie Woodside
Laverton
Ripon
North Yorkshire
HG4 3TA





REGISTERED NUMBER: 05810667 (England and Wales)





ACCOUNTANTS: Yorkshire Accountants Ripon
Eva Lett House
1 South Crescent
Ripon
North Yorkshire
HG4 1SN

Hutchinsons Fabrications Limited (Registered number: 05810667)

Balance Sheet
31 May 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 8,564 10,165

CURRENT ASSETS
Stocks 151,483 144,314
Debtors 5 194,322 200,194
Cash at bank - 13,407
345,805 357,915
CREDITORS
Amounts falling due within one year 6 66,916 78,297
NET CURRENT ASSETS 278,889 279,618
TOTAL ASSETS LESS CURRENT
LIABILITIES

287,453

289,783

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings 286,453 288,783
SHAREHOLDERS' FUNDS 287,453 289,783

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.

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 25 February 2025 and were signed on its behalf by:





B J Bain - Director


Hutchinsons Fabrications Limited (Registered number: 05810667)

Notes to the Financial Statements
for the Year Ended 31 May 2024

1. STATUTORY INFORMATION

Hutchinsons Fabrications 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

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

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Hire purchase and leasing commitments
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 6 (2023 - 5 ) .

Hutchinsons Fabrications Limited (Registered number: 05810667)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 June 2023
and 31 May 2024 12,120
DEPRECIATION
At 1 June 2023 1,955
Charge for year 1,601
At 31 May 2024 3,556
NET BOOK VALUE
At 31 May 2024 8,564
At 31 May 2023 10,165

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 41,307 36,564
Amounts owed by group undertakings 153,015 163,630
194,322 200,194

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 6,400 -
Trade creditors 37,640 57,345
Taxation and social security 14,605 16,564
Other creditors 8,271 4,388
66,916 78,297