01 January 2024 31 December 2024 No principle activity is included 04783215 2024-01-01 04783215 2024-12-31 04783215 2024-01-01 2024-12-31 04783215 2023-12-31 04783215 2023-01-01 2023-12-31 04783215 uk-core:WithinOneYear 2024-12-31 04783215 uk-core:WithinOneYear 2023-12-31 04783215 uk-core:AfterOneYear 2024-12-31 04783215 uk-core:AfterOneYear 2023-12-31 04783215 uk-core:ShareCapital 2024-12-31 04783215 uk-core:ShareCapital 2023-12-31 04783215 uk-core:RetainedEarningsAccumulatedLosses 2024-12-31 04783215 uk-core:RetainedEarningsAccumulatedLosses 2023-12-31 04783215 uk-bus:Director1 2024-01-01 2024-12-31 04783215 uk-bus:RegisteredOffice 2024-01-01 2024-12-31 04783215 uk-curr:PoundSterling 2024-01-01 2024-12-31 04783215 uk-core:Vehicles 2024-01-01 2024-12-31 04783215 uk-core:OfficeEquipment 2024-01-01 2024-12-31 04783215 uk-core:VehiclesPlantMachinery 2023-12-31 04783215 uk-core:FurnitureFittingsToolsEquipment 2023-12-31 04783215 uk-core:VehiclesPlantMachinery 2024-12-31 04783215 uk-core:FurnitureFittingsToolsEquipment 2024-12-31 04783215 uk-core:VehiclesPlantMachinery 2024-01-01 2024-12-31 04783215 uk-core:FurnitureFittingsToolsEquipment 2024-01-01 2024-12-31 04783215 uk-core:Non-currentFinancialInstruments uk-core:CostValuation 2023-12-31 04783215 uk-core:Non-currentFinancialInstruments uk-core:CostValuation 2024-12-31 04783215 uk-core:Non-currentFinancialInstruments uk-core:ProvisionsForImpairmentInvestments 2024-12-31 04783215 uk-core:Non-currentFinancialInstruments 2024-12-31 04783215 uk-core:Non-currentFinancialInstruments 2023-12-31 04783215 uk-core:BetweenOneTwoYears 2024-12-31 04783215 uk-core:BetweenOneTwoYears 2023-12-31 04783215 uk-bus:FRS102 2024-01-01 2024-12-31 04783215 uk-bus:FullAccounts 2024-01-01 2024-12-31 04783215 uk-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 04783215 uk-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 iso4217:GBP xbrli:pure
   
   
   
   
   
   
  HAYES BRICKLAYING CONTRACTORS LIMITED
   
   
   
  UNAUDITED FINANCIAL STATEMENTS
   
   
  FOR THE YEAR ENDED 31 DECEMBER 2024
   
   
   
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
  HAYES BRICKLAYING CONTRACTORS LIMITED
  FINANCIAL STATEMENTS
  FOR THE YEAR ENDED 31 DECEMBER 2024
       
       
  DIRECTOR
       
  M S Randall
       
       
  SECRETARY
       
  C L Randall
       
  REGISTERED OFFICE
       
  78 Birmingham Street
Oldbury
West Midlands
B69 4EB
       
       
  COMPANY REGISTERED NUMBER
       
  04783215
       
       
  BANKERS
       
  HSBC Bank plc
20 Market Place
Cannock
Staffordshire
WS11 1BX
       
       
  ACCOUNTANTS
       
  Lyness Accountancy Practice Limited
  Chartered Certified Accountants
  78 Birmingham Street
Oldbury
West Midlands
B69 4EB
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
  page 1
  HAYES BRICKLAYING CONTRACTORS LIMITED
  FINANCIAL STATEMENTS
  FOR THE YEAR ENDED 31 DECEMBER 2024
       
       
  CONTENTS
       
  Pages
       
       
  3-4 Statement of Financial Position  
       
       
  5-10 Notes to the Financial Statements  
       
     
  page 2
  HAYES BRICKLAYING CONTRACTORS LIMITED
  Company registered number: 04783215
  STATEMENT OF FINANCIAL POSITION AT 31 December 2024
           
    Note 2024 2023
      £ £ £
  FIXED ASSETS
  Property, plant and equipment 3 4,432 5,910
  Investments held as fixed assets 4 236,020 236,020
      240,452 241,930
  CURRENT ASSETS    
  Debtors 5 3,220 2,860
  Cash at bank and in hand   450,477 499,786
      453,697 502,646
  CREDITORS: Amounts falling due within one year 6 11,294 22,487
  NET CURRENT ASSETS   442,403 480,159
  TOTAL ASSETS LESS CURRENT LIABILITIES   682,855 722,089
           
  CREDITORS: Amounts falling due after more than one year 7 - (15,190)
           
  PROVISIONS FOR LIABILITIES   (310,382) (310,382)
  NET ASSETS   £372,473 £396,517
       
  CAPITAL AND RESERVES
  Called up share capital   2 2
  Retained earnings   372,471 396,515
  SHAREHOLDERS' FUNDS   £372,473 £396,517
       
  The notes on pages 5-10 form part of these financial statements
   
  page 3
  HAYES BRICKLAYING CONTRACTORS LIMITED
  Company registered number: 04783215
  STATEMENT OF FINANCIAL POSITION AT 31 December 2024 (CONT.)
           
    Note 2024 2023
      £ £ £
       
       
  In approving these financial statements as director of the company I hereby confirm the following:
       
  For the year in question the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
       
  The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with section 476 of the Companies Act 2006.
       
  The directors acknowledge their responsibilities for: 1) ensuring that the company keeps accounting records which comply with Sections 386 and 386 of the Companies Act 2006, and 2) preparing financial statements that give a true and fair view of the state of affairs of the company at at the end of each financial year and of its profit or loss for the 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 the financial statements, so far as they are applicable to the company.
 
 
  These financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies
       
  In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
       
  The financial statements were approved and authorised for issue by the board of directors on 13/05/2025
 
  Signed on behalf of the board of directors
 
 
       
  M S Randall, Director
       
       
  The notes on pages 5-10 form part of these financial statements
   
  page 4
  HAYES BRICKLAYING CONTRACTORS LIMITED
  NOTES TO THE ACCOUNTS
  FOR THE YEAR ENDED 31 DECEMBER 2024
       
 
1. SIGNIFICANT ACCOUNTING POLICIES
       
         
1a. Statement of compliance
         
  Hayes Bricklaying Contractors Limited, company number 04783215 is a private company limited by shares incorporated in England & Wales.
         
  Registered office:
         
  78 Birmingham Street
Oldbury
West Midlands
B69 4EB
         
         
1b. Basis of accounting
         
  These financial statements have been prepared in accordance with the provisions of Section 1A of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. There were no material departures from that standard.
         
  The financial statements have been prepared under the historical cost convention. The presentation currency is £ sterling.
         
         
1c. Revenue recognition
         
  Income is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them.
         
         
1d. Taxation
         
  Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable temporary differences. Deferred tax assets are generally recognised for all deductible timing differences to the extent that it is probable that taxable profits will be available against which those deductible temporary differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. The measurement of deferred tax liabilities and assets reflects the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities. Current or deferred tax for the year is recognised in profit or loss, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
         
 
         
 
  The notes on pages 5-10 form part of these financial statements
   
  page 5
  HAYES BRICKLAYING CONTRACTORS LIMITED
  NOTES TO THE ACCOUNTS (CONT.)
  FOR THE YEAR ENDED 31 DECEMBER 2024
       
 
1. SIGNIFICANT ACCOUNTING POLICIES (CONT.)
       
       
1e. Property, plant and equipment
       
  Depreciation is provided, after taking account of any grants receivable, at the following annual rates in order to write off each asset over its estimated useful life.
       
  Vehicles Reducing balance 25%  
  Equipment Reducing balance 25%  
       
         
1f. Short term debtors and creditors
         
  Debtors and creditors receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in profit and loss.
         
         
1g. Interest bearing borrowings
         
  All interest-bearing loans and borrowings which are basic financial instruments are initially recognised at the present value of cash payable to the bank (including interest). After initial recognition they are measured at amortised cost using the effective interest rate method, less impairment. Any difference between the amount initially recognised and redemption value is recognised in profit and loss together with any interest and fees payable.
         
         
1h. Leased assets
         
  Assets held under finance leases, which are leases where substantially all the risks and rewards of ownership of the asset have passed to the Company are capitalised in the balance sheet and are depreciated over the shorter of the lease term and the asset's useful life. A corresponding liability is recognised for the lower of the fair value of the leased asset and the present value of the minimum lease payments in the balance sheet. Lease payments are apportioned between the reduction of the lease liability and finance charges in the income statement so as to achieve a constant rate of interest on the remaining balance of the liability. Rentals payable under operating leases are charged in the profit and loss account on a straight line basis over the lease term. Lease incentives are recognised over the lease term on a straight line basis.
         
 
         
         
1i. Employee benefits
         
  The obligations for contributions to defined contribution scheme are recognised as an expense as incurred. The assets of the scheme are held separately from those of the Company in an independent administered fund.
         
  The company also provides pension benefits for senior employees, under the terms of the pension contracts entered into with the senior employees, fixed sums are provided for now in order to provide pension benefits to the individuals upon their retirement. The pension contracts allow for an annual increase in respect of indexation over and above the initial contracted amount.
         
  Although under section 28 of FRS 102 this pension arrangement is regarded as being a defined benefit scheme, the director considers that it does not bear any of the hallmarks of a defined benefit scheme as the company's contributions are fixed until the point of retirement at which point any further contributions of annual increases cease.
  The notes on pages 5-10 form part of these financial statements
   
  page 6
  HAYES BRICKLAYING CONTRACTORS LIMITED
  NOTES TO THE ACCOUNTS (CONT.)
  FOR THE YEAR ENDED 31 DECEMBER 2024
       
       
2. DIRECTORS AND EMPLOYEES
       
  The average weekly number of employees during the year were as follows:
    2024 2023
    No. No.
  Management and administration 1 1
   
         
3. PROPERTY, PLANT AND EQUIPMENT
    Plant & Fixtures &  
    Machinery Equipment Total
    £ £ £
  Cost
         
  At 1 January 2024 18,000 5,560 23,560
         
  At 31 December 2024 18,000 5,560 23,560
   
  Depreciation
         
  At 1 January 2024 12,305 5,345 17,650
  For the year 1,424 54 1,478
  At 31 December 2024 13,729 5,399 19,128
   
  Net Book Amounts
         
  At 31 December 2024 4,271 161 4,432
  At 31 December 2023 5,695 215 5,910
   
  The notes on pages 5-10 form part of these financial statements
   
  page 7
  HAYES BRICKLAYING CONTRACTORS LIMITED
  NOTES TO THE ACCOUNTS (CONT.)
  FOR THE YEAR ENDED 31 DECEMBER 2024
       
       
4. INVESTMENTS HELD AS FIXED ASSETS
    Other  
    investments  
    Other than  
    loans Total
    £ £
  Cost or valuation
       
  At 1 January 2024 236,020 236,020
  At 31 December 2024 236,020 236,020
   
  Amounts written off
       
  At 31 December 2024 - -
   
  Net Book Amounts
       
  At 31 December 2024 236,020 236,020
  At 31 December 2023 236,020 236,020
   
       
       
5. DEBTORS 2024 2023
    £ £
  Social security and other taxes 3,220 2,860
    £3,220 £2,860
   
       
       
6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
    2024 2023
    £ £
  Bank loans and overdrafts - 10,648
  Corporation tax 1,558 2,824
  Other taxes and social security 3,810 3,088
  Other creditors 3,626 3,627
  Accruals and deferred income 2,300 2,300
    £11,294 £22,487
   
       
  The notes on pages 5-10 form part of these financial statements
   
  page 8
  HAYES BRICKLAYING CONTRACTORS LIMITED
  NOTES TO THE ACCOUNTS (CONT.)
  FOR THE YEAR ENDED 31 DECEMBER 2024
       
       
7. CREDITORS: AMOUNTS FALLING DUE AFTER ONE YEAR
    2024 2023
    £ £
  Bank loans and overdrafts - 15,190
    £- £15,190
   
       
       
  Analysis of borrowings:
       
  Due within five years:
  within 1 year
  bank - 10,648
  within 1-2 years
  bank - 15,190
    £- £25,838
   
  The notes on pages 5-10 form part of these financial statements
   
  page 9
  HAYES BRICKLAYING CONTRACTORS LIMITED
  NOTES TO THE ACCOUNTS (CONT.)
  FOR THE YEAR ENDED 31 DECEMBER 2024
       
       
8. RETIREMENT BENEFIT SCHEMES
    2024 2023
    £ £
       
  Provision for liabilities - Retirement benefits - 17,286
    £- £17,286
   
      Retirement
      Benefits
      £
  Movement on provisions:
       
  Balance at 1 January 2024   310,382
       
  Additional provisions during the period   -
  Balance at 31 December 2024   310,382
     
  The company provided pension benefits in respect of two senior employees in the 31st December 2019 accounting period. The number of directors to whom pension benefits are accruing under these pension agreements is 1 (2023: 1) and to a senior employee being the company secretary 1 (2023: 1).
       
  The contributions and potential liabilities of the company in respect of the pension agreement are fixed at least until the date of retirement of the employee which is over 9 years from the year-end date.
       
  Although under section 28 of FRS 102 this pension arrangement is regarded as being a defined benefit scheme, the director is of the opinion that it does not bear any of the hallmarks of what is usually considered to be a defined benefit scheme and therefore no further disclosures are considered necessary in order to understand the nature and measurement of the liability.
       
  The director is also of the opinion that the liability as disclosed in the financial statements represents the full and final amount which could be expected, at this stage, to be paid in the future to settle the pension agreement liabilities.
  The notes on pages 5-10 form part of these financial statements
   
  page 10