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REGISTERED NUMBER: 08261639 (England and Wales)















FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2024

FOR

HIRD JOINERY LIMITED

HIRD JOINERY LIMITED (REGISTERED NUMBER: 08261639)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


HIRD JOINERY LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 OCTOBER 2024







DIRECTORS: Simon Hird
Sarah Hird





REGISTERED OFFICE: 1 Mossy Bank Close
Queensbury
Bradford
West Yorkshire
BD13 1PX





REGISTERED NUMBER: 08261639 (England and Wales)





ACCOUNTANTS: Walter Dawson & Son
Chartered Accountants
1 Valley Court
Canal Road
Bradford
West Yorkshire
BD1 4SP

HIRD JOINERY LIMITED (REGISTERED NUMBER: 08261639)

BALANCE SHEET
31 OCTOBER 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 67,678 90,239

CURRENT ASSETS
Stocks 10,889 45,502
Debtors 5 93,109 111,240
Cash at bank and in hand 723 14,915
104,721 171,657
CREDITORS
Amounts falling due within one year 6 116,974 130,871
NET CURRENT (LIABILITIES)/ASSETS (12,253 ) 40,786
TOTAL ASSETS LESS CURRENT
LIABILITIES

55,425

131,025

CREDITORS
Amounts falling due after more than
one year

7

(34,647

)

(57,488

)

PROVISIONS FOR LIABILITIES (12,859 ) (17,145 )
NET ASSETS 7,919 56,392

CAPITAL AND RESERVES
Called up share capital 1 1
Profit and loss account 7,918 56,391
7,919 56,392

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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.

HIRD JOINERY LIMITED (REGISTERED NUMBER: 08261639)

BALANCE SHEET - continued
31 OCTOBER 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 4 April 2025 and were signed on its behalf by:





Simon Hird - Director


HIRD JOINERY LIMITED (REGISTERED NUMBER: 08261639)

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

1. STATUTORY INFORMATION

Hird Joinery 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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

STOCKS
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

TAXATION
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.

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.

HIRD JOINERY LIMITED (REGISTERED NUMBER: 08261639)

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

2. ACCOUNTING POLICIES - continued

HIRE PURCHASE COMMITMENTS
Tangible fixed assets acquired under finance leases or hire purchase contracts are capitalised and depreciated in the same manner as other tangible fixed assets. The related obligations, net of future charges, are included in creditors.

INCOME RECOGNITION
Revenue is recognised to the extent that is probable that the economic benefits will flow to the company and 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.

FINANCE COSTS OF DEBT
The finance costs of debt, including interest and issue costs, are allocated to each period over the term of the debt and charged to the profit and loss account at a constant rate on the outstanding amount.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2023 - 6 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor
machinery fittings vehicles Totals
£    £    £    £   
COST
At 1 November 2023
and 31 October 2024 13,795 2,724 166,441 182,960
DEPRECIATION
At 1 November 2023 6,065 1,751 84,905 92,721
Charge for year 1,933 244 20,384 22,561
At 31 October 2024 7,998 1,995 105,289 115,282
NET BOOK VALUE
At 31 October 2024 5,797 729 61,152 67,678
At 31 October 2023 7,730 973 81,536 90,239

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 37,656 32,092
Amounts owed by associates 44,347 49,347
Other debtors 11,106 29,801
93,109 111,240

HIRD JOINERY LIMITED (REGISTERED NUMBER: 08261639)

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

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 12,786 -
Hire purchase contracts 15,986 13,675
Trade creditors 8,765 31,770
Taxation and social security 9,787 13,322
Other creditors 69,650 72,104
116,974 130,871

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Hire purchase contracts 34,647 57,488

8. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Hire purchase contracts 50,633 71,163

The obligations under finance leases and hire purchase contracts are secured by a charge on the assets purchased under these agreements.

9. PENSION COMMITMENTS

The amount recognised in profit or loss as an expense in relation to defined contribution plans was £3,791 (2023: £3,831).Contributions totalling £554 (2023: £386)) were payable to the plan at the year end and are included in creditors.