IRIS Accounts Production v25.1.3.33 05365034 director 31.8.23 30.8.24 30.8.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh053650342023-08-30053650342024-08-30053650342023-08-312024-08-30053650342022-08-30053650342022-08-312023-08-30053650342023-08-3005365034ns15:EnglandWales2023-08-312024-08-3005365034ns14:PoundSterling2023-08-312024-08-3005365034ns10:Director12023-08-312024-08-3005365034ns10:PrivateLimitedCompanyLtd2023-08-312024-08-3005365034ns10:SmallEntities2023-08-312024-08-3005365034ns10:AuditExemptWithAccountantsReport2023-08-312024-08-3005365034ns10:SmallCompaniesRegimeForDirectorsReport2023-08-312024-08-3005365034ns10:SmallCompaniesRegimeForAccounts2023-08-312024-08-3005365034ns10:FullAccounts2023-08-312024-08-3005365034ns10:RegisteredOffice2023-08-312024-08-3005365034ns5:CurrentFinancialInstruments2024-08-3005365034ns5:CurrentFinancialInstruments2023-08-3005365034ns5:Non-currentFinancialInstruments2024-08-3005365034ns5:Non-currentFinancialInstruments2023-08-3005365034ns5:ShareCapital2024-08-3005365034ns5:ShareCapital2023-08-3005365034ns5:RetainedEarningsAccumulatedLosses2024-08-3005365034ns5:RetainedEarningsAccumulatedLosses2023-08-3005365034ns5:PlantMachinery2023-08-312024-08-3005365034ns5:FurnitureFittings2023-08-312024-08-3005365034ns5:MotorVehicles2023-08-312024-08-3005365034ns5:ComputerEquipment2023-08-312024-08-3005365034ns5:PlantMachinery2023-08-3005365034ns5:FurnitureFittings2023-08-3005365034ns5:MotorVehicles2023-08-3005365034ns5:ComputerEquipment2023-08-3005365034ns5:PlantMachinery2024-08-3005365034ns5:FurnitureFittings2024-08-3005365034ns5:MotorVehicles2024-08-3005365034ns5:ComputerEquipment2024-08-3005365034ns5:PlantMachinery2023-08-3005365034ns5:FurnitureFittings2023-08-3005365034ns5:MotorVehicles2023-08-3005365034ns5:ComputerEquipment2023-08-3005365034ns5:WithinOneYearns5:CurrentFinancialInstruments2024-08-3005365034ns5:WithinOneYearns5:CurrentFinancialInstruments2023-08-3005365034ns5:BetweenOneTwoYearsns5:Non-currentFinancialInstruments2024-08-3005365034ns5:BetweenOneTwoYearsns5:Non-currentFinancialInstruments2023-08-3005365034ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2024-08-3005365034ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2023-08-30
REGISTERED NUMBER: 05365034 (England and Wales)















Unaudited Financial Statements

for the Year Ended 30 August 2024

for

H & H Decorators Limited

H & H Decorators Limited (Registered number: 05365034)






Contents of the Financial Statements
for the Year Ended 30 August 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4

Chartered Accountants' Report 7

H & H Decorators Limited

Company Information
for the Year Ended 30 August 2024







DIRECTOR: M L Hockey





REGISTERED OFFICE: Unit 32
Mantra House
South Street
Keighley
West Yorkshire
BD21 1SX





REGISTERED NUMBER: 05365034 (England and Wales)





ACCOUNTANTS: Stirk Lambert & Co
Chartered Accountants
Russell Chambers
61a North Street
Keighley
West Yorkshire
BD21 3DS

H & H Decorators Limited (Registered number: 05365034)

Statement of Financial Position
30 August 2024

30.8.24 30.8.23
Notes £    £   
FIXED ASSETS
Tangible assets 5 20,636 15,622

CURRENT ASSETS
Stocks 12,500 28,000
Debtors 6 123,063 95,569
Cash at bank 25,413 8
160,976 123,577
CREDITORS
Amounts falling due within one year 7 (91,230 ) (86,926 )
NET CURRENT ASSETS 69,746 36,651
TOTAL ASSETS LESS CURRENT
LIABILITIES

90,382

52,273

CREDITORS
Amounts falling due after more than one
year

8

(9,712

)

(21,136

)

PROVISIONS FOR LIABILITIES (4,643 ) (3,803 )
NET ASSETS 76,027 27,334

CAPITAL AND RESERVES
Called up share capital 120 120
Retained earnings 75,907 27,214
SHAREHOLDERS' FUNDS 76,027 27,334

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 August 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

H & H Decorators Limited (Registered number: 05365034)

Statement of Financial Position - continued
30 August 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 13 May 2025 and were signed by:





M L Hockey - Director


H & H Decorators Limited (Registered number: 05365034)

Notes to the Financial Statements
for the Year Ended 30 August 2024

1. STATUTORY INFORMATION

H & H Decorators 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. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents the amounts received or receivable for goods and services provided to customers, excluding VAT.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

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.

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

H & H Decorators Limited (Registered number: 05365034)

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

3. ACCOUNTING POLICIES - continued

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.

Grants
Grants which relate to revenue are recognised in income in the period the related costs are incurred by the entity for which the grant is intended to compensate. For grants which are received by the entity for compensation for expenses or losses which have already been incurred, the grant is recognised in income when it is received or receivable.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 10 (2023 - 10 ) .

5. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 31 August 2023 4,758 2,766 46,948 1,593 56,065
Additions - - 15,000 - 15,000
Disposals - - (20,918 ) - (20,918 )
At 30 August 2024 4,758 2,766 41,030 1,593 50,147
DEPRECIATION
At 31 August 2023 3,771 2,729 32,859 1,084 40,443
Charge for year 247 9 6,495 127 6,878
Eliminated on disposal - - (17,810 ) - (17,810 )
At 30 August 2024 4,018 2,738 21,544 1,211 29,511
NET BOOK VALUE
At 30 August 2024 740 28 19,486 382 20,636
At 30 August 2023 987 37 14,089 509 15,622

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.8.24 30.8.23
£    £   
Trade debtors 74,763 69,970
Other debtors 44,282 22,696
Prepayments 4,018 2,903
123,063 95,569

H & H Decorators Limited (Registered number: 05365034)

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

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.8.24 30.8.23
£    £   
Bank loans and overdrafts 10,000 22,262
Hire purchase contracts 3,636 5,455
Trade creditors 6,582 6,885
Tax 25,093 26,930
Social security and other taxes 562 1,633
VAT 29,713 19,868
Directors' current accounts 12,249 1,579
Accrued expenses 2,270 2,314
Deferred government grants 1,125 -
91,230 86,926

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.8.24 30.8.23
£    £   
Bank loans - 1-2 years 7,462 10,000
Bank loans - 2-5 years - 7,500
Hire purchase contracts - 3,636
Deferred government grants 2,250 -
9,712 21,136

Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
H & H Decorators Limited

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of H & H Decorators Limited for the year ended 30 August 2024 which comprise the Statement of Income and Retained Earnings, Statement of Financial Position and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of H & H Decorators Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of H & H Decorators Limited and state those matters that we have agreed to state to the director of H & H Decorators Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than H & H Decorators Limited and its director for our work or for this report.

It is your duty to ensure that H & H Decorators Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of H & H Decorators Limited. You consider that H & H Decorators Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of H & H Decorators Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Stirk Lambert & Co
Chartered Accountants
Russell Chambers
61a North Street
Keighley
West Yorkshire
BD21 3DS


13 May 2025