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REGISTERED NUMBER: 03381086 (England and Wales)





HEC SHOWMAN LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2024






HEC SHOWMAN LIMITED (REGISTERED NUMBER: 03381086)

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










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


HEC SHOWMAN LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 AUGUST 2024







DIRECTORS: Mrs L Hopkinson
Mr A T Hopkinson





REGISTERED OFFICE: Nunn Brook Road
County Estate
Huthwaite
Nottinghamshire
NG17 2HU





REGISTERED NUMBER: 03381086 (England and Wales)





ACCOUNTANTS: ApC
Chartered Accountants
7 St John Street
Mansfield
Nottinghamshire
NG18 1QH

HEC SHOWMAN LIMITED (REGISTERED NUMBER: 03381086)

BALANCE SHEET
31 AUGUST 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 5 129,043 117,514

CURRENT ASSETS
Stocks 80,000 68,326
Debtors 6 367,661 304,936
Cash at bank 208,411 253,516
656,072 626,778
CREDITORS
Amounts falling due within one year 7 304,888 256,898
NET CURRENT ASSETS 351,184 369,880
TOTAL ASSETS LESS CURRENT
LIABILITIES

480,227

487,394

CREDITORS
Amounts falling due after more than one
year

8

(2,616

)

(34,017

)

PROVISIONS FOR LIABILITIES (25,442 ) (28,415 )
NET ASSETS 452,169 424,962

CAPITAL AND RESERVES
Called up share capital 11 101 101
Retained earnings 452,068 424,861
SHAREHOLDERS' FUNDS 452,169 424,962

HEC SHOWMAN LIMITED (REGISTERED NUMBER: 03381086)

BALANCE SHEET - continued
31 AUGUST 2024


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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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 29 May 2025 and were signed on its behalf by:





Mr A T Hopkinson - Director


HEC SHOWMAN LIMITED (REGISTERED NUMBER: 03381086)

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


1. STATUTORY INFORMATION

HEC Showman 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 value excluding Value Added Tax, of sheet metal engineering supplied to customers during the year. In respect of sheet metal engineering supplied to customers, all income is taken to profit and loss at the same point as the right to receive consideration is acquired.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - 20% on reducing balance
Plant and machinery - 15% on reducing balance
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% 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.


HEC SHOWMAN LIMITED (REGISTERED NUMBER: 03381086)

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


3. ACCOUNTING POLICIES - continued
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.

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.

Financial instruments
Financial instruments and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.

Where the contractual obligations of financial instruments (including share capital) are equivalent to a similar debt instrument, those financial instruments are classed as financial liabilities. Financial liabilities are presented as such in the balance sheet. Finance costs and gains or losses relating to financial liabilities are included in the profit and loss account. Finance costs are calculated so as to produce a constant rate of return on the outstanding liability.

Where the contractual terms of share capital do not have any terms meeting the definition of a financial liability then this is classed as an equity instrument. Dividends and distributions relating to equity instruments are debited direct to equity.

HEC SHOWMAN LIMITED (REGISTERED NUMBER: 03381086)

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


4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 20 (2023 - 18 ) .

5. TANGIBLE FIXED ASSETS
Fixtures
Freehold Plant and and
property machinery fittings
£    £    £   
COST
At 1 September 2023 6,460 229,216 760
Additions 32,625 2,567 1,890
Disposals - - (720 )
At 31 August 2024 39,085 231,783 1,930
DEPRECIATION
At 1 September 2023 6,278 121,354 114
Charge for year 6,561 16,565 272
At 31 August 2024 12,839 137,919 386
NET BOOK VALUE
At 31 August 2024 26,246 93,864 1,544
At 31 August 2023 182 107,862 646

HEC SHOWMAN LIMITED (REGISTERED NUMBER: 03381086)

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


5. TANGIBLE FIXED ASSETS - continued

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 September 2023 1,787 14,128 252,351
Additions - 2,231 39,313
Disposals - - (720 )
At 31 August 2024 1,787 16,359 290,944
DEPRECIATION
At 1 September 2023 1,549 5,542 134,837
Charge for year 60 3,606 27,064
At 31 August 2024 1,609 9,148 161,901
NET BOOK VALUE
At 31 August 2024 178 7,211 129,043
At 31 August 2023 238 8,586 117,514

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 199,630 109,641
Amounts owed by related parties 108,564 158,150
Other debtors 23,304 29,359
Directors' current accounts 27,640 -
Prepayments and accrued income 8,523 7,786
367,661 304,936

HEC SHOWMAN LIMITED (REGISTERED NUMBER: 03381086)

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


7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Hire purchase contracts (see note 9) 31,400 31,400
Trade creditors 194,547 134,926
Corporation tax 27,138 50,302
Pension 3,458 2,641
VAT 35,352 27,834
Other creditors 690 157
Credit card 2,297 -
Directors' current accounts - 99
Accruals and deferred income 10,006 9,539
304,888 256,898

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Hire purchase contracts (see note 9) 2,616 34,017

9. LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase contracts
2024 2023
£    £   
Net obligations repayable:
Within one year 31,400 31,400
Between one and five years 2,616 34,017
34,016 65,417

HEC SHOWMAN LIMITED (REGISTERED NUMBER: 03381086)

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


9. LEASING AGREEMENTS - continued

Non-cancellable operating leases
2024 2023
£    £   
Within one year 57,000 996
Between one and five years 109,250 -
166,250 996

10. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Hire purchase contracts 34,016 65,417

The Hire purchase is secured on the assets of which it relates to.

11. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary £1 100 100
1 Ordinary A £1 1 1
101 101

HEC SHOWMAN LIMITED (REGISTERED NUMBER: 03381086)

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


12. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 August 2024 and 31 August 2023:

2024 2023
£    £   
Mr A S Hopkinson (Deceased)
Balance outstanding at start of year - 24,295
Amounts repaid - (24,295 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - -

Mr A T Hopkinson
Balance outstanding at start of year - -
Amounts advanced 75,340 -
Amounts repaid (47,700 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 27,640 -