IRIS Accounts Production v25.1.4.42 07178040 Board of Directors 1.4.24 31.3.25 31.3.25 false true false false true false Fair value model iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh071780402024-03-31071780402025-03-31071780402024-04-012025-03-31071780402023-03-31071780402023-04-012024-03-31071780402024-03-3107178040ns15:EnglandWales2024-04-012025-03-3107178040ns14:PoundSterling2024-04-012025-03-3107178040ns10:Director12024-04-012025-03-3107178040ns10:PrivateLimitedCompanyLtd2024-04-012025-03-3107178040ns10:SmallEntities2024-04-012025-03-3107178040ns10:AuditExempt-NoAccountantsReport2024-04-012025-03-3107178040ns10:SmallCompaniesRegimeForDirectorsReport2024-04-012025-03-3107178040ns10:SmallCompaniesRegimeForAccounts2024-04-012025-03-3107178040ns10:FullAccounts2024-04-012025-03-3107178040ns5:CurrentFinancialInstruments2025-03-3107178040ns5:CurrentFinancialInstruments2024-03-3107178040ns5:Non-currentFinancialInstruments2025-03-3107178040ns5:Non-currentFinancialInstruments2024-03-3107178040ns5:ShareCapital2025-03-3107178040ns5:ShareCapital2024-03-3107178040ns5:RevaluationReserve2025-03-3107178040ns5:RevaluationReserve2024-03-3107178040ns5:RetainedEarningsAccumulatedLosses2025-03-3107178040ns5:RetainedEarningsAccumulatedLosses2024-03-3107178040ns10:RegisteredOffice2024-04-012025-03-3107178040ns5:FurnitureFittings2024-04-012025-03-3107178040ns5:MotorVehicles2024-04-012025-03-3107178040ns5:ComputerEquipment2024-04-012025-03-3107178040ns5:FurnitureFittings2024-03-3107178040ns5:MotorVehicles2024-03-3107178040ns5:ComputerEquipment2024-03-3107178040ns5:FurnitureFittings2025-03-3107178040ns5:MotorVehicles2025-03-3107178040ns5:ComputerEquipment2025-03-3107178040ns5:FurnitureFittings2024-03-3107178040ns5:MotorVehicles2024-03-3107178040ns5:ComputerEquipment2024-03-3107178040ns5:WithinOneYearns5:CurrentFinancialInstruments2025-03-3107178040ns5:WithinOneYearns5:CurrentFinancialInstruments2024-03-3107178040ns5:RevaluationReserve2024-03-31
REGISTERED NUMBER: 07178040 (England and Wales)














Unaudited Financial Statements

for the Year Ended 31 March 2025

for

Hayes Builders & Sons Limited

Hayes Builders & Sons Limited (Registered number: 07178040)






Contents of the Financial Statements
for the Year Ended 31 March 2025




Page

Balance Sheet 1

Notes to the Financial Statements 2


Hayes Builders & Sons Limited (Registered number: 07178040)

Balance Sheet
31 March 2025

2025 2024
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 3,421 4,207
Investment property 5 160,000 160,000
163,421 164,207

CURRENT ASSETS
Debtors 6 23,204 42,369
Cash at bank 75,721 59,559
98,925 101,928
CREDITORS
Amounts falling due within one year 7 109,642 104,341
NET CURRENT LIABILITIES (10,717 ) (2,413 )
TOTAL ASSETS LESS CURRENT LIABILITIES 152,704 161,794

CREDITORS
Amounts falling due after more than one year 8 (1,555 ) (11,744 )

PROVISIONS FOR LIABILITIES (22,885 ) (25,568 )
NET ASSETS 128,264 124,482

CAPITAL AND RESERVES
Called up share capital 4 4
Non-distributable reserve 9 74,873 74,873
Retained earnings 53,387 49,605
SHAREHOLDERS' FUNDS 128,264 124,482

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 20 May 2025 and were signed on its behalf by:



Mr P C Hayes - Director


Hayes Builders & Sons Limited (Registered number: 07178040)

Notes to the Financial Statements
for the Year Ended 31 March 2025

1. STATUTORY INFORMATION

Hayes Builders & Sons Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 07178040

Registered office: 8 Westville Drive
Congleton
Cheshire
CW12 4LD

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


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 as modified by the revaluation of certain assets.

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

Revenue is recognised as the company becomes entitled to consideration for the services supplied. Therefore, turnover also includes an element of work in progress.

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

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

Hayes Builders & Sons Limited (Registered number: 07178040)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

4. TANGIBLE FIXED ASSETS
Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1 April 2024 2,258 38,801 - 41,059
Additions - - 458 458
At 31 March 2025 2,258 38,801 458 41,517
DEPRECIATION
At 1 April 2024 1,754 35,098 - 36,852
Charge for year 167 926 151 1,244
At 31 March 2025 1,921 36,024 151 38,096
NET BOOK VALUE
At 31 March 2025 337 2,777 307 3,421
At 31 March 2024 504 3,703 - 4,207

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2024
and 31 March 2025 160,000
NET BOOK VALUE
At 31 March 2025 160,000
At 31 March 2024 160,000

The directors have valued the property at a fair value of £160,000 as at 31 March 2025.

Fair value at 31 March 2025 is represented by:
£   
Valuation in 2023 98,065
Cost 61,935
160,000

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 22,622 41,826
Other debtors 582 543
23,204 42,369

Hayes Builders & Sons Limited (Registered number: 07178040)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Bank loans and overdrafts 17,523 19,647
Trade creditors 11,173 16,007
Taxation and social security 29,218 38,412
Other creditors 51,728 30,275
109,642 104,341

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2025 2024
£    £   
Bank loans 1,555 11,744

9. RESERVES
Non-distributable
reserve
£   
At 1 April 2024
and 31 March 2025 74,873