IRIS Accounts Production v25.1.4.42 13753691 Board of Directors Board of Directors Board of Directors 1.10.23 30.9.24 30.9.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh137536912023-09-30137536912024-09-30137536912023-10-012024-09-30137536912022-09-30137536912022-10-012023-09-30137536912023-09-3013753691ns15:EnglandWales2023-10-012024-09-3013753691ns14:PoundSterling2023-10-012024-09-3013753691ns10:Director12023-10-012024-09-3013753691ns10:Director22023-10-012024-09-3013753691ns10:Director32023-10-012024-09-3013753691ns10:PrivateLimitedCompanyLtd2023-10-012024-09-3013753691ns10:SmallEntities2023-10-012024-09-3013753691ns10:AuditExempt-NoAccountantsReport2023-10-012024-09-3013753691ns10:SmallCompaniesRegimeForDirectorsReport2023-10-012024-09-3013753691ns10:SmallCompaniesRegimeForAccounts2023-10-012024-09-3013753691ns10:FullAccounts2023-10-012024-09-3013753691ns10:RegisteredOffice2023-10-012024-09-3013753691ns5:CurrentFinancialInstruments2024-09-3013753691ns5:CurrentFinancialInstruments2023-09-3013753691ns5:Non-currentFinancialInstruments2024-09-3013753691ns5:Non-currentFinancialInstruments2023-09-3013753691ns5:ShareCapital2024-09-3013753691ns5:ShareCapital2023-09-3013753691ns5:RetainedEarningsAccumulatedLosses2024-09-3013753691ns5:RetainedEarningsAccumulatedLosses2023-09-3013753691ns5:MotorVehicles2023-10-012024-09-3013753691ns5:ComputerEquipment2023-10-012024-09-3013753691ns5:MotorVehicles2023-09-3013753691ns5:ComputerEquipment2023-09-3013753691ns5:MotorVehicles2024-09-3013753691ns5:ComputerEquipment2024-09-3013753691ns5:MotorVehicles2023-09-3013753691ns5:ComputerEquipment2023-09-3013753691ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2023-10-012024-09-3013753691ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2024-09-3013753691ns5:WithinOneYearns5:CurrentFinancialInstruments2024-09-3013753691ns5:WithinOneYearns5:CurrentFinancialInstruments2023-09-3013753691ns5:WithinOneYearns5:CurrentFinancialInstrumentsns5:HirePurchaseContracts2024-09-3013753691ns5:WithinOneYearns5:CurrentFinancialInstrumentsns5:HirePurchaseContracts2023-09-3013753691ns5:BetweenOneFiveYearsns5:HirePurchaseContracts2024-09-3013753691ns5:BetweenOneFiveYearsns5:HirePurchaseContracts2023-09-3013753691ns5:HirePurchaseContracts2024-09-3013753691ns5:HirePurchaseContracts2023-09-3013753691ns5:BetweenOneFiveYears2024-09-3013753691ns5:BetweenOneFiveYears2023-09-3013753691ns10:Director222023-09-3013753691ns10:Director222022-09-3013753691ns10:Director222023-10-012024-09-3013753691ns10:Director222022-10-012023-09-3013753691ns10:Director222024-09-3013753691ns10:Director222023-09-30137536911ns10:Director12023-09-30137536911ns10:Director12022-09-30137536911ns10:Director12023-10-012024-09-30137536911ns10:Director12022-10-012023-09-30137536911ns10:Director12024-09-30137536911ns10:Director12023-09-30137536913ns10:Director32023-09-30137536913ns10:Director32022-09-30137536913ns10:Director32023-10-012024-09-30137536913ns10:Director32022-10-012023-09-30137536913ns10:Director32024-09-30137536913ns10:Director32023-09-30
REGISTERED NUMBER: 13753691 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 September 2024

for

HSBM Facilities Management Ltd

HSBM Facilities Management Ltd (Registered number: 13753691)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


HSBM Facilities Management Ltd

Company Information
for the Year Ended 30 September 2024







DIRECTORS: T G D Hayward
T J Duff
D P Honeyman





REGISTERED OFFICE: c/o Ency Associates
Printware Court
Cumberland Business Centre
Portsmouth
Hampshire
PO5 1DS





REGISTERED NUMBER: 13753691 (England and Wales)





ACCOUNTANTS: Ency Associates
Chartered Certified Accountants
Printware Court
Cumberland Business Centre
Northumberland Road
Portsmouth
Hampshire
PO5 1DS

HSBM Facilities Management Ltd (Registered number: 13753691)

Balance Sheet
30 September 2024

30.9.24 30.9.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 48,605 41,171

CURRENT ASSETS
Stocks - 198,535
Debtors 5 5,664,985 7,949,612
Cash at bank 63,126 840,234
5,728,111 8,988,381
CREDITORS
Amounts falling due within one year 6 3,084,824 7,581,538
NET CURRENT ASSETS 2,643,287 1,406,843
TOTAL ASSETS LESS CURRENT LIABILITIES 2,691,892 1,448,014

CREDITORS
Amounts falling due after more than one
year

7

(16,467

)

-

PROVISIONS FOR LIABILITIES (8,992 ) (7,652 )
NET ASSETS 2,666,433 1,440,362

CAPITAL AND RESERVES
Called up share capital 102 102
Retained earnings 2,666,331 1,440,260
SHAREHOLDERS' FUNDS 2,666,433 1,440,362

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

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

HSBM Facilities Management Ltd (Registered number: 13753691)

Balance Sheet - continued
30 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 Board of Directors and authorised for issue on 20 June 2025 and were signed on its behalf by:




T J Duff - Director T G D Hayward - Director




D P Honeyman - Director


HSBM Facilities Management Ltd (Registered number: 13753691)

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

1. STATUTORY INFORMATION

HSBM Facilities Management 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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

Stocks
Work in progress is valued at the lower of cost and net realisable value.

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 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.


HSBM Facilities Management Ltd (Registered number: 13753691)

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

2. ACCOUNTING POLICIES - continued
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
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 31 (2023 - 46 ) .

HSBM Facilities Management Ltd (Registered number: 13753691)

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

4. TANGIBLE FIXED ASSETS
Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 October 2023 53,700 1,639 55,339
Additions 30,999 1,398 32,397
Disposals (10,900 ) - (10,900 )
At 30 September 2024 73,799 3,037 76,836
DEPRECIATION
At 1 October 2023 13,425 743 14,168
Charge for year 15,775 1,013 16,788
Eliminated on disposal (2,725 ) - (2,725 )
At 30 September 2024 26,475 1,756 28,231
NET BOOK VALUE
At 30 September 2024 47,324 1,281 48,605
At 30 September 2023 40,275 896 41,171

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
Additions 30,999
At 30 September 2024 30,999
DEPRECIATION
Charge for year 7,750
At 30 September 2024 7,750
NET BOOK VALUE
At 30 September 2024 23,249

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Trade debtors 3,097,819 4,616,532
Other debtors 2,567,166 3,333,080
5,664,985 7,949,612

HSBM Facilities Management Ltd (Registered number: 13753691)

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

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Hire purchase contracts (see note 8) 6,175 -
Trade creditors 1,734,515 5,160,311
Taxation and social security 532,073 384,678
Other creditors 812,061 2,036,549
3,084,824 7,581,538

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
30.9.24 30.9.23
£    £   
Hire purchase contracts (see note 8) 16,467 -

8. LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase contracts
30.9.24 30.9.23
£    £   
Net obligations repayable:
Within one year 6,175 -
Between one and five years 16,467 -
22,642 -

Non-cancellable operating leases
30.9.24 30.9.23
£    £   
Between one and five years 102,360 -

HSBM Facilities Management Ltd (Registered number: 13753691)

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

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 30 September 2024 and 30 September 2023:

30.9.24 30.9.23
£    £   
T G D Hayward
Balance outstanding at start of year 65,330 (940 )
Amounts advanced 48,500 66,270
Amounts repaid (65,330 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 48,500 65,330

T J Duff
Balance outstanding at start of year 55,153 (989 )
Amounts advanced 19,770 56,142
Amounts repaid (56,540 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 18,383 55,153

D P Honeyman
Balance outstanding at start of year 55,194 (989 )
Amounts advanced 1,286 56,183
Amounts repaid (56,183 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 297 55,194