IRIS Accounts Production v25.1.4.42 02962461 director 1.10.23 30.9.24 30.9.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh029624612023-09-30029624612024-09-30029624612023-10-012024-09-30029624612022-09-30029624612022-10-012023-09-30029624612023-09-3002962461ns15:EnglandWales2023-10-012024-09-3002962461ns14:PoundSterling2023-10-012024-09-3002962461ns10:Director12023-10-012024-09-3002962461ns10:PrivateLimitedCompanyLtd2023-10-012024-09-3002962461ns10:SmallEntities2023-10-012024-09-3002962461ns10:AuditExempt-NoAccountantsReport2023-10-012024-09-3002962461ns10:SmallCompaniesRegimeForDirectorsReport2023-10-012024-09-3002962461ns10:SmallCompaniesRegimeForAccounts2023-10-012024-09-3002962461ns10:FullAccounts2023-10-012024-09-3002962461ns10:RegisteredOffice2023-10-012024-09-3002962461ns5:CurrentFinancialInstruments2024-09-3002962461ns5:CurrentFinancialInstruments2023-09-3002962461ns5:Non-currentFinancialInstruments2024-09-3002962461ns5:Non-currentFinancialInstruments2023-09-3002962461ns5:ShareCapital2024-09-3002962461ns5:ShareCapital2023-09-3002962461ns5:RetainedEarningsAccumulatedLosses2024-09-3002962461ns5:RetainedEarningsAccumulatedLosses2023-09-3002962461ns5:LandBuildings2023-09-3002962461ns5:PlantMachinery2023-09-3002962461ns5:LandBuildings2023-10-012024-09-3002962461ns5:PlantMachinery2023-10-012024-09-3002962461ns5:LandBuildings2024-09-3002962461ns5:PlantMachinery2024-09-3002962461ns5:LandBuildings2023-09-3002962461ns5:PlantMachinery2023-09-3002962461ns5:WithinOneYearns5:CurrentFinancialInstruments2024-09-3002962461ns5:WithinOneYearns5:CurrentFinancialInstruments2023-09-30
REGISTERED NUMBER: 02962461 (England and Wales)















Unaudited Financial Statements for the Year Ended 30th September 2024

for

G.R. Hullock (1994) Ltd.

G.R. Hullock (1994) Ltd. (Registered number: 02962461)






Contents of the Financial Statements
for the Year Ended 30th September 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


G.R. Hullock (1994) Ltd.

Company Information
for the Year Ended 30th September 2024







DIRECTOR: Mr R Calveley





REGISTERED OFFICE: 2 High Street
Menai Bridge
Anglesey
LL59 5EE





REGISTERED NUMBER: 02962461 (England and Wales)





ACCOUNTANTS: Dunn & Ellis Cyf
Chartered Accountants
Adeilad St David's Building
Stryd Lombard Street
Porthmadog
Gwynedd
LL49 9AP

G.R. Hullock (1994) Ltd. (Registered number: 02962461)

Balance Sheet
30th September 2024

30.9.24 30.9.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 279,701 284,243

CURRENT ASSETS
Stocks 391,242 407,134
Debtors 5 218,625 335,944
Cash at bank 96,387 48,102
706,254 791,180
CREDITORS
Amounts falling due within one year 6 387,888 529,132
NET CURRENT ASSETS 318,366 262,048
TOTAL ASSETS LESS CURRENT
LIABILITIES

598,067

546,291

CREDITORS
Amounts falling due after more than one
year

7

(115,791

)

(135,344

)

PROVISIONS FOR LIABILITIES (4,116 ) (3,919 )
NET ASSETS 478,160 407,028

CAPITAL AND RESERVES
Called up share capital 10,000 10,000
Retained earnings 468,160 397,028
SHAREHOLDERS' FUNDS 478,160 407,028

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30th September 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.

G.R. Hullock (1994) Ltd. (Registered number: 02962461)

Balance Sheet - continued
30th September 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 23rd June 2025 and were signed by:





Mr R Calveley - Director


G.R. Hullock (1994) Ltd. (Registered number: 02962461)

Notes to the Financial Statements
for the Year Ended 30th September 2024

1. STATUTORY INFORMATION

G.R. Hullock (1994) Ltd. 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 & machinery - 20% reducing balance
Motor vehicles - 20% reducing balance

Fixed assets are stated at their cost prices less accumulated depreciation and less any amounts recognised in respect of any impairment.

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 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.

G.R. Hullock (1994) Ltd. (Registered number: 02962461)

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

2. ACCOUNTING POLICIES - continued

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2023 - 7 ) .

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1st October 2023
and 30th September 2024 261,535 115,025 376,560
DEPRECIATION
At 1st October 2023 - 92,317 92,317
Charge for year - 4,542 4,542
At 30th September 2024 - 96,859 96,859
NET BOOK VALUE
At 30th September 2024 261,535 18,166 279,701
At 30th September 2023 261,535 22,708 284,243

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Trade debtors 197,205 314,524
Other debtors 21,420 21,420
218,625 335,944

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Bank loans and overdrafts 30,882 30,882
Trade creditors 170,792 307,464
Taxation and social security 39,807 31,303
Other creditors 146,407 159,483
387,888 529,132

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.9.24 30.9.23
£    £   
Bank loans 115,791 135,344

G.R. Hullock (1994) Ltd. (Registered number: 02962461)

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

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR - continued
30.9.24 30.9.23
£    £   
Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal - 11,816

8. RELATED PARTY DISCLOSURES

The director's loan account remained in credit throughout the year.