IRIS Accounts Production v25.1.0.734 00927416 Board of Directors Board of Directors 1.3.24 28.2.25 28.2.25 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh009274162024-02-29009274162025-02-28009274162024-03-012025-02-28009274162023-02-28009274162023-03-012024-02-29009274162024-02-2900927416ns15:EnglandWales2024-03-012025-02-2800927416ns14:PoundSterling2024-03-012025-02-2800927416ns10:Director12024-03-012025-02-2800927416ns10:Director22024-03-012025-02-2800927416ns10:PrivateLimitedCompanyLtd2024-03-012025-02-2800927416ns10:SmallEntities2024-03-012025-02-2800927416ns10:AuditExempt-NoAccountantsReport2024-03-012025-02-2800927416ns10:SmallCompaniesRegimeForDirectorsReport2024-03-012025-02-2800927416ns10:SmallCompaniesRegimeForAccounts2024-03-012025-02-2800927416ns10:FullAccounts2024-03-012025-02-2800927416ns10:Director32024-03-012025-02-2800927416ns10:Director42024-03-012025-02-2800927416ns10:Director52024-03-012025-02-2800927416ns10:Director62024-03-012025-02-2800927416ns10:CompanySecretary12024-03-012025-02-2800927416ns10:RegisteredOffice2024-03-012025-02-2800927416ns5:CurrentFinancialInstruments2025-02-2800927416ns5:CurrentFinancialInstruments2024-02-2900927416ns5:Non-currentFinancialInstruments2025-02-2800927416ns5:Non-currentFinancialInstruments2024-02-2900927416ns5:ShareCapital2025-02-2800927416ns5:ShareCapital2024-02-2900927416ns5:RetainedEarningsAccumulatedLosses2025-02-2800927416ns5:RetainedEarningsAccumulatedLosses2024-02-2900927416ns5:LandBuildings2024-02-2900927416ns5:PlantMachinery2024-02-2900927416ns5:FurnitureFittings2024-02-2900927416ns5:LandBuildings2024-03-012025-02-2800927416ns5:PlantMachinery2024-03-012025-02-2800927416ns5:FurnitureFittings2024-03-012025-02-2800927416ns5:LandBuildings2025-02-2800927416ns5:PlantMachinery2025-02-2800927416ns5:FurnitureFittings2025-02-2800927416ns5:LandBuildings2024-02-2900927416ns5:PlantMachinery2024-02-2900927416ns5:FurnitureFittings2024-02-2900927416ns5:MotorVehicles2024-02-2900927416ns5:ComputerEquipment2024-02-2900927416ns5:MotorVehicles2024-03-012025-02-2800927416ns5:ComputerEquipment2024-03-012025-02-2800927416ns5:MotorVehicles2025-02-2800927416ns5:ComputerEquipment2025-02-2800927416ns5:MotorVehicles2024-02-2900927416ns5:ComputerEquipment2024-02-2900927416ns5:LeasedAssetsHeldAsLessee2024-03-012025-02-2800927416ns5:UnlistedNon-exchangeTradedns5:CostValuation2024-02-2900927416ns5:UnlistedNon-exchangeTraded2025-02-2800927416ns5:UnlistedNon-exchangeTraded2024-02-2900927416ns5:WithinOneYearns5:CurrentFinancialInstruments2025-02-2800927416ns5:WithinOneYearns5:CurrentFinancialInstruments2024-02-2900927416ns5:CurrentFinancialInstruments2024-03-012025-02-2800927416ns5:DeferredTaxation2024-02-2900927416ns5:DeferredTaxation2024-03-012025-02-2800927416ns5:DeferredTaxation2025-02-28
REGISTERED NUMBER: 00927416 (England and Wales)















Unaudited Financial Statements for the Year Ended 28 February 2025

for

ARTHUR HOUGH & SONS LIMITED

ARTHUR HOUGH & SONS LIMITED (REGISTERED NUMBER: 00927416)

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


ARTHUR HOUGH & SONS LIMITED

Company Information
FOR THE YEAR ENDED 28 FEBRUARY 2025







DIRECTORS: C P Appleby
B Appleby
R J Evans
M Evans
B Handley
M W Pemberton





SECRETARY: B Appleby





REGISTERED OFFICE: Hilton Cross Business Park
Cannock Road
Featherstone
Wolverhampton
West Midlands
WV10 7QZ





REGISTERED NUMBER: 00927416 (England and Wales)





ACCOUNTANTS: Crowe U.K. LLP
Black Country House
Rounds Green Road
Oldbury
West Midlands
B69 2DG

ARTHUR HOUGH & SONS LIMITED (REGISTERED NUMBER: 00927416)

Balance Sheet
28 FEBRUARY 2025

2025 2024
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 2,110,601 2,132,299
Investments 5 113 113
2,110,714 2,132,412

CURRENT ASSETS
Stocks 620,876 782,562
Debtors 6 1,068,651 1,164,503
Cash at bank and in hand 845,941 612,897
2,535,468 2,559,962
CREDITORS
Amounts falling due within one year 7 836,078 1,009,960
NET CURRENT ASSETS 1,699,390 1,550,002
TOTAL ASSETS LESS CURRENT
LIABILITIES

3,810,104

3,682,414

CREDITORS
Amounts falling due after more than
one year

8

(256,703

)

(319,269

)

PROVISIONS FOR LIABILITIES 10 (81,492 ) (78,725 )
NET ASSETS 3,471,909 3,284,420

CAPITAL AND RESERVES
Called up share capital 11 40,000 40,000
Retained earnings 3,431,909 3,244,420
3,471,909 3,284,420

ARTHUR HOUGH & SONS LIMITED (REGISTERED NUMBER: 00927416)

Balance Sheet - continued
28 FEBRUARY 2025


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.

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 15 April 2025 and were signed on its behalf by:




R J Evans - Director



B Appleby - Director


ARTHUR HOUGH & SONS LIMITED (REGISTERED NUMBER: 00927416)

Notes to the Financial Statements
FOR THE YEAR ENDED 28 FEBRUARY 2025


1. STATUTORY INFORMATION

Arthur Hough & Sons 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.

Revenue
Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Land is not depreciated. Depreciation on other assets is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

The estimated useful lives range as follows:

Land and buildings- 50 years
Plant and machinery- 10 years
Motor vehicles- 3 years
Furniture, fittings and equipment- Between 3 and 10 years
Other fixed assets- 5 years

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

Stocks and work in progress
Stock and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.

ARTHUR HOUGH & SONS LIMITED (REGISTERED NUMBER: 00927416)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 28 FEBRUARY 2025


2. ACCOUNTING POLICIES - continued

Financial instruments
Basic financial assets
Basic financial assets, which include trade and other receivables, cash and bank balances, are initially measured at their transaction price including transaction costs and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Discounting is omitted where the effect of discounting is immaterial. The Company's cash and cash equivalents, trade and most other receivables due with the operating cycle fall into this category of financial instruments.

Foreign currency translation
Monetary assets and liabilities denominated in foreign currencies are translated into sterling at rates of exchange ruling at the balance sheet date.

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.

Pensions
Defined contribution pension plan
The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance Sheet. The assets of the plan are held separately from the Company in independently administered funds.

Valuation of investments
Investments in subsidiaries are measured at the lower of cost and net realisable value.

ARTHUR HOUGH & SONS LIMITED (REGISTERED NUMBER: 00927416)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 28 FEBRUARY 2025


2. ACCOUNTING POLICIES - continued

Dividends
Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

Dividends on shares recognised as liabilities are recognised as expenses and classified within interest payable.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 28 (2024 - 28 ) .

4. TANGIBLE FIXED ASSETS
Furniture,
fittings
Land and Plant and and
buildings machinery equipment
£    £    £   
COST
At 1 March 2024 2,630,714 1,255,657 733,132
Additions - 105,716 1,950
Disposals - (199,817 ) (44,664 )
At 28 February 2025 2,630,714 1,161,556 690,418
DEPRECIATION
At 1 March 2024 807,630 1,182,799 640,109
Charge for year 48,112 10,954 25,349
Eliminated on disposal - (199,817 ) (44,664 )
At 28 February 2025 855,742 993,936 620,794
NET BOOK VALUE
At 28 February 2025 1,774,972 167,620 69,624
At 29 February 2024 1,823,084 72,858 93,023

ARTHUR HOUGH & SONS LIMITED (REGISTERED NUMBER: 00927416)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 28 FEBRUARY 2025


4. TANGIBLE FIXED ASSETS - continued

Other
Motor fixed
vehicles assets Totals
£    £    £   
COST
At 1 March 2024 156,914 646,249 5,422,666
Additions 5,538 23,124 136,328
Disposals (62,014 ) (23,147 ) (329,642 )
At 28 February 2025 100,438 646,226 5,229,352
DEPRECIATION
At 1 March 2024 14,452 645,377 3,290,367
Charge for year 16,627 4,725 105,767
Eliminated on disposal (9,755 ) (23,147 ) (277,383 )
At 28 February 2025 21,324 626,955 3,118,751
NET BOOK VALUE
At 28 February 2025 79,114 19,271 2,110,601
At 29 February 2024 142,462 872 2,132,299

Included in freehold property is freehold land at a cost of £300,000 (2024 - £300,000) which is not depreciated.

Included in motor vehicles are assets under hire purchases contracts with a net book value of £74,500 (2024: £142,462).

5. FIXED ASSET INVESTMENTS
Investment
in
subsidiary
£   
COST
At 1 March 2024
and 28 February 2025 113
NET BOOK VALUE
At 28 February 2025 113
At 29 February 2024 113

ARTHUR HOUGH & SONS LIMITED (REGISTERED NUMBER: 00927416)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 28 FEBRUARY 2025


6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 915,130 962,486
Other debtors 153,521 202,017
1,068,651 1,164,503

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Hire purchase contracts 12,686 21,085
Trade creditors 529,327 567,126
Taxation and social security 199,779 225,390
Other creditors 94,286 196,359
836,078 1,009,960

Included within other creditors is £113 (2024:£113) due to P&M Fixing and Fasteners Limited, a wholly owned subsidiary.

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
2025 2024
£    £   
Hire purchase contracts 56,703 119,269
Other creditors 200,000 200,000
256,703 319,269

9. SECURED DEBTS

The following secured debts are included within creditors:

2025 2024
£    £   
Hire purchase contracts 69,389 140,354

10. PROVISIONS FOR LIABILITIES
2025 2024
£    £   
Deferred tax 81,492 78,725

ARTHUR HOUGH & SONS LIMITED (REGISTERED NUMBER: 00927416)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 28 FEBRUARY 2025


10. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Balance at 1 March 2024 78,725
Provided during year 2,767
Balance at 28 February 2025 81,492

11. CALLED UP SHARE CAPITAL

2024 2023
Shares classified as equity £ £

Allocated, called up and fully paid
20,000 (2024 - 20,000) "A" Ordinary shares of £1.00 20,000 20,000
20,000 (2024 - 20,000) "B" Ordinary shares of £1.00 20,000 20,000
40,000 40,000

2024 2023
Shares classified as debt £ £

Allocated, called up and fully paid
100,000 (2024 - 100,000) "A" Preference shares of £1.00 100,000 100,000
100,000 (2024 - 100,000) "B" Preference shares of £1.00 100,000 100,000
200,000 200,000

12. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

At the year end the company was owed £27,268 (2024: £16,332) from the directors, included in other debtors. The maximum outstanding in the year for any director was £27,268.

Interest was charged on these loans at HM Revenue & Customs official rate of interest.

13. PENSION COMMITMENTS

The company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund. £4,121 (2024: £2,646) was payable to the fund at the balance sheet date.