IRIS Accounts Production v25.1.0.734 03504361 Board of Directors 1.3.24 28.2.25 28.2.25 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh035043612024-02-29035043612025-02-28035043612024-03-012025-02-28035043612023-04-30035043612023-05-012024-02-29035043612024-02-2903504361ns15:EnglandWales2024-03-012025-02-2803504361ns14:PoundSterling2024-03-012025-02-2803504361ns10:Director12024-03-012025-02-2803504361ns10:PrivateLimitedCompanyLtd2024-03-012025-02-2803504361ns10:SmallEntities2024-03-012025-02-2803504361ns10:AuditExempt-NoAccountantsReport2024-03-012025-02-2803504361ns10:SmallCompaniesRegimeForDirectorsReport2024-03-012025-02-2803504361ns10:SmallCompaniesRegimeForAccounts2024-03-012025-02-2803504361ns10:FullAccounts2024-03-012025-02-2803504361ns10:OrdinaryShareClass12024-03-012025-02-2803504361ns10:Director22024-03-012025-02-2803504361ns10:CompanySecretary12024-03-012025-02-2803504361ns10:RegisteredOffice2024-03-012025-02-2803504361ns5:CurrentFinancialInstruments2025-02-2803504361ns5:CurrentFinancialInstruments2024-02-2903504361ns5:ShareCapital2025-02-2803504361ns5:ShareCapital2024-02-2903504361ns5:RetainedEarningsAccumulatedLosses2025-02-2803504361ns5:RetainedEarningsAccumulatedLosses2024-02-2903504361ns5:FurnitureFittings2024-03-012025-02-2803504361ns5:MotorVehicles2024-03-012025-02-2803504361ns5:FurnitureFittings2024-02-2903504361ns5:MotorVehicles2024-02-2903504361ns5:FurnitureFittings2025-02-2803504361ns5:MotorVehicles2025-02-2803504361ns5:FurnitureFittings2024-02-2903504361ns5:MotorVehicles2024-02-2903504361ns5:LeasedAssetsHeldAsLessee2024-03-012025-02-2803504361ns5:WithinOneYearns5:CurrentFinancialInstruments2025-02-2803504361ns5:WithinOneYearns5:CurrentFinancialInstruments2024-02-2903504361ns5:WithinOneYearns5:CurrentFinancialInstrumentsns5:HirePurchaseContracts2025-02-2803504361ns5:WithinOneYearns5:CurrentFinancialInstrumentsns5:HirePurchaseContracts2024-02-2903504361ns5:WithinOneYear2025-02-2803504361ns5:WithinOneYear2024-02-2903504361ns5:BetweenOneFiveYears2025-02-2803504361ns5:BetweenOneFiveYears2024-02-2903504361ns5:MoreThanFiveYears2025-02-2803504361ns5:MoreThanFiveYears2024-02-2903504361ns5:AllPeriods2025-02-2803504361ns5:AllPeriods2024-02-2903504361ns5:Secured2025-02-2803504361ns5:Secured2024-02-2903504361ns5:DeferredTaxation2024-02-2903504361ns5:DeferredTaxation2025-02-2803504361ns10:OrdinaryShareClass12025-02-28
REGISTERED NUMBER: 03504361 (England and Wales)








Unaudited Financial Statements

for the Year Ended 28 February 2025

for

Hartley Contracting Services Limited

Hartley Contracting Services Limited (Registered number: 03504361)

Contents of the Financial Statements
for the Year Ended 28 February 2025










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Hartley Contracting Services Limited

Company Information
for the Year Ended 28 February 2025







DIRECTORS: P J Collins
Mrs A C Collins





SECRETARY: Mrs S J Ball





REGISTERED OFFICE: CAPE House
19 Badshot Park
Badshot Lea
Farnham
Surrey
GU9 9JU





REGISTERED NUMBER: 03504361 (England and Wales)





ACCOUNTANTS: Lane Monnington Welton
Chartered Accountants
Riverside View
Basing Road
Old Basing
Basingstoke
Hampshire
RG24 7AL

Hartley Contracting Services Limited (Registered number: 03504361)

Balance Sheet
28 February 2025

28.2.25 29.2.24
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 16,307 22,040

CURRENT ASSETS
Debtors 5 64,675 73,594
Cash at bank 26,264 46,249
90,939 119,843
CREDITORS
Amounts falling due within one year 6 117,769 131,700
NET CURRENT LIABILITIES (26,830 ) (11,857 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(10,523

)

10,183

PROVISIONS FOR LIABILITIES 9 3,098 4,318
NET (LIABILITIES)/ASSETS (13,621 ) 5,865

CAPITAL AND RESERVES
Called up share capital 10 100 100
Retained earnings (13,721 ) 5,765
SHAREHOLDERS' FUNDS (13,621 ) 5,865

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2025 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.

Hartley Contracting Services Limited (Registered number: 03504361)

Balance Sheet - continued
28 February 2025


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 28 April 2025 and were signed on its behalf by:





P J Collins - Director


Hartley Contracting Services Limited (Registered number: 03504361)

Notes to the Financial Statements
for the Year Ended 28 February 2025


1. STATUTORY INFORMATION

Hartley Contracting Services 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 represents sales of goods and services net of VAT and trade discounts. Turnover is recognised when the risks and rewards of ownership of goods have been transferred to the customer or where the value of services provided under contracts to the extent that there is a right to consideration and is recorded at the value of the consideration due. The risks and rewards of ownership of goods are deemed to have been transferred when the goods are shipped to, or are picked up by, the customer. Where a service contract has only been partially completed at the balance sheet date turnover represents the value of the service provided to date based on a proportion of the total expected consideration at completion. Where payments are received from customers in advance of services provided, the amounts are recorded as deferred income and included as part of creditors due within one year.

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

Financial instruments
Debtors and creditors payable/receivable within one year
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

Loans and borrowings
Loans and borrowings are initially recognised at the transaction price, including transaction costs. Subsequently they are measured at amortised cost using the effective interest rate method, less impairment. If an arrangement constitutes a finance transaction it is measured at present value.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.


Hartley Contracting Services Limited (Registered number: 03504361)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2025


2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date, adjusted for indexation where applicable.

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.

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.

Impairment
Assets not measured at fair value are reviewed for any indication that an asset may be impaired at each balance sheet date. The directors review the carrying amount of the relevant assets and compare them to their market values and recoverable amounts. Where the carrying amount exceeds this, an impairment loss is recognised in profit or loss, unless the asset is carried at a revalued amount, where the impairment loss is a revaluation decrease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 4 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and Motor
fittings vehicles Totals
£    £    £   
COST
At 1 March 2024
and 28 February 2025 2,416 25,250 27,666
DEPRECIATION
At 1 March 2024 892 4,734 5,626
Charge for year 604 5,129 5,733
At 28 February 2025 1,496 9,863 11,359
NET BOOK VALUE
At 28 February 2025 920 15,387 16,307
At 29 February 2024 1,524 20,516 22,040

The obligations under hire purchase agreements are secured against the items of plant and machinery to which they relate that have a carrying value of £15,387 (2024 - £20,516).

Hartley Contracting Services Limited (Registered number: 03504361)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2025


5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.25 29.2.24
£    £   
Trade debtors 61,220 73,594
Other debtors 3,455 -
64,675 73,594

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.25 29.2.24
£    £   
Bank loans and overdrafts 20,897 -
Hire purchase contracts (see note 7) 17,098 21,868
Trade creditors 37,597 56,387
Taxation and social security 8,792 13,285
Other creditors 33,385 40,160
117,769 131,700

7. LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase contracts
28.2.25 29.2.24
£    £   
Net obligations repayable:
Within one year 17,098 21,868

Non-cancellable operating leases
28.2.25 29.2.24
£    £   
Within one year 5,731 5,731
Between one and five years 21,014 22,925
In more than five years - 3,821
26,745 32,477

8. SECURED DEBTS

The following secured debts are included within creditors:

28.2.25 29.2.24
£    £   
Bank overdraft 20,897 -
Hire purchase contracts 17,098 21,868
37,995 21,868

The company also has a fixed and floating charge over all of its assets.

Hartley Contracting Services Limited (Registered number: 03504361)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2025


9. PROVISIONS FOR LIABILITIES
28.2.25 29.2.24
£    £   
Deferred tax 3,098 4,318

Deferred
tax
£   
Balance at 1 March 2024 4,318
Accelerated capital allowances (1,220 )
Balance at 28 February 2025 3,098

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 28.2.25 29.2.24
value: £    £   
100 Ordinary £1 100 100