Humphreys Tarmacing Services Ltd 12957572 false 2023-11-01 2024-10-31 2024-10-31 The principal activity of the company is tarmacking services. Digita Accounts Production Advanced 6.30.9574.0 true true 12957572 2023-11-01 2024-10-31 12957572 2024-10-31 12957572 bus:OrdinaryShareClass1 2024-10-31 12957572 bus:OrdinaryShareClass2 2024-10-31 12957572 core:CurrentFinancialInstruments 2024-10-31 12957572 core:CurrentFinancialInstruments core:WithinOneYear 2024-10-31 12957572 core:Goodwill 2024-10-31 12957572 core:FurnitureFittingsToolsEquipment 2024-10-31 12957572 core:MotorVehicles 2024-10-31 12957572 core:OtherPropertyPlantEquipment 2024-10-31 12957572 bus:SmallEntities 2023-11-01 2024-10-31 12957572 bus:AuditExemptWithAccountantsReport 2023-11-01 2024-10-31 12957572 bus:FilletedAccounts 2023-11-01 2024-10-31 12957572 bus:SmallCompaniesRegimeForAccounts 2023-11-01 2024-10-31 12957572 bus:RegisteredOffice 2023-11-01 2024-10-31 12957572 bus:Director1 2023-11-01 2024-10-31 12957572 bus:Director2 2023-11-01 2024-10-31 12957572 bus:Director3 2023-11-01 2024-10-31 12957572 bus:OrdinaryShareClass1 2023-11-01 2024-10-31 12957572 bus:OrdinaryShareClass2 2023-11-01 2024-10-31 12957572 bus:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31 12957572 bus:Agent1 2023-11-01 2024-10-31 12957572 core:Goodwill 2023-11-01 2024-10-31 12957572 core:FurnitureFittingsToolsEquipment 2023-11-01 2024-10-31 12957572 core:MotorVehicles 2023-11-01 2024-10-31 12957572 core:OfficeEquipment 2023-11-01 2024-10-31 12957572 core:OtherPropertyPlantEquipment 2023-11-01 2024-10-31 12957572 core:PlantMachinery 2023-11-01 2024-10-31 12957572 countries:England 2023-11-01 2024-10-31 12957572 2023-10-31 12957572 core:Goodwill 2023-10-31 12957572 core:FurnitureFittingsToolsEquipment 2023-10-31 12957572 core:MotorVehicles 2023-10-31 12957572 core:OtherPropertyPlantEquipment 2023-10-31 12957572 2022-11-01 2023-10-31 12957572 2023-10-31 12957572 bus:OrdinaryShareClass1 2023-10-31 12957572 bus:OrdinaryShareClass2 2023-10-31 12957572 core:CurrentFinancialInstruments 2023-10-31 12957572 core:CurrentFinancialInstruments core:WithinOneYear 2023-10-31 12957572 core:Goodwill 2023-10-31 12957572 core:FurnitureFittingsToolsEquipment 2023-10-31 12957572 core:MotorVehicles 2023-10-31 12957572 core:OtherPropertyPlantEquipment 2023-10-31 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 12957572

Humphreys Tarmacing Services Ltd

Unaudited Filleted Financial Statements

for the Year Ended 31 October 2024

 

Humphreys Tarmacing Services Ltd

Contents

Company Information

1

Balance Sheet

2 to 3

Notes to the Unaudited Financial Statements

4 to 8

 

Humphreys Tarmacing Services Ltd

Company Information

Directors

Mr D L G Humphrey

Mr L J Humphrey

Mrs E M A Humphrey

Registered office

The Beeches
Upper Hale Road
Farnham
GU9 0JH

Accountants

Keano Services Limited

 

Humphreys Tarmacing Services Ltd

(Registration number: 12957572)
Balance Sheet as at 31 October 2024

Note

2024
£

2023
£

Fixed assets

 

Intangible assets

4

46,219

52,821

Tangible assets

5

129,042

148,977

 

175,261

201,798

Current assets

 

Debtors

6

450,369

450,372

Cash at bank and in hand

 

449,811

281,075

 

900,180

731,447

Creditors: Amounts falling due within one year

7

(264,000)

(254,993)

Net current assets

 

636,180

476,454

Net assets

 

811,441

678,252

Capital and reserves

 

Called up share capital

8

300

300

Retained earnings

811,141

677,952

Shareholders' funds

 

811,441

678,252

For the financial year ending 31 October 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 25 July 2025 and signed on its behalf by:
 

.........................................
Mr D L G Humphrey
Director

 

Humphreys Tarmacing Services Ltd

(Registration number: 12957572)
Balance Sheet as at 31 October 2024

.........................................
Mr L J Humphrey
Director

.........................................
Mrs E M A Humphrey
Director

 

Humphreys Tarmacing Services Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2024

1

General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
The Beeches
Upper Hale Road
Farnham
GU9 0JH

These financial statements were authorised for issue by the Board on 25 July 2025.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

 

Humphreys Tarmacing Services Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2024

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Plant and machinery

20% reducing balance

Motor vehicles

20% reducing balance

Office equipment

33% straight line

Goodwill

Goodwill arising on the acquisition of an entity represents the excess of the cost of acquisition over the company’s interest in the net fair value of the identifiable assets, liabilities and contingent liabilities of the entity recognised at the date of acquisition. Goodwill is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is held in the currency of the acquired entity and revalued to the closing rate at each reporting period date. Goodwill is amortised over its useful life, which shall not exceed ten years if a reliable estimate of the useful life cannot be made.

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class

Amortisation method and rate

Goodwill

10 years

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

 

Humphreys Tarmacing Services Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2024

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 3 (2023 - 2).

 

Humphreys Tarmacing Services Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2024

4

Intangible assets

Goodwill
 £

Total
£

Cost or valuation

At 1 November 2023

66,025

66,025

At 31 October 2024

66,025

66,025

Amortisation

At 1 November 2023

13,204

13,204

Amortisation charge

6,602

6,602

At 31 October 2024

19,806

19,806

Carrying amount

At 31 October 2024

46,219

46,219

At 31 October 2023

52,821

52,821

5

Tangible assets

Furniture, fittings and equipment
 £

Motor vehicles
 £

Other tangible assets
£

Total
£

Cost or valuation

At 1 November 2023

1,083

143,858

85,991

230,932

Additions

-

19,667

-

19,667

At 31 October 2024

1,083

163,525

85,991

250,599

Depreciation

At 1 November 2023

950

48,179

32,826

81,955

Charge for the year

133

28,836

10,633

39,602

At 31 October 2024

1,083

77,015

43,459

121,557

Carrying amount

At 31 October 2024

-

86,510

42,532

129,042

At 31 October 2023

133

95,679

53,165

148,977

6

Debtors

 

Humphreys Tarmacing Services Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2024

Current

2024
£

2023
£

Trade debtors

83,688

65,690

Other debtors

366,681

384,682

 

450,369

450,372

7

Creditors

Creditors: amounts falling due within one year

2024
£

2023
£

Due within one year

Trade creditors

14,003

16,302

Taxation and social security

95,985

121,515

Accruals and deferred income

5,500

6,500

Other creditors

148,512

110,676

264,000

254,993

8

Share capital

Allotted, called up and fully paid shares

2024

2023

No.

£

No.

£

Ordinary shares of £1 each

100

100

100

100

Ordinary A shares of £1 each

200

200

200

200

300

300

300

300