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REGISTERED NUMBER: 09324776 (England and Wales)















Unaudited Financial Statements

for the Year Ended 31 March 2025

for

Hickford Construction Limited

Hickford Construction Limited (Registered number: 09324776)






Contents of the Financial Statements
FOR THE YEAR ENDED 31 MARCH 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Hickford Construction Limited

Company Information
FOR THE YEAR ENDED 31 MARCH 2025







DIRECTORS: A Hickford
S Hickford
H S Hickford
M C Hickford





REGISTERED OFFICE: The Stable Yard
25-33 Vicarage Road
Stony Stratford
Milton Keynes
Buckinghamshire
MK11 1BN





REGISTERED NUMBER: 09324776 (England and Wales)





ACCOUNTANTS: Connolly Accountants & Business Advisors Ltd
Chartered Certified Accountants
The Stable Yard
25-33 Vicarage Road
Stony Stratford
Milton Keynes
Buckinghamshire
MK11 1BN

Hickford Construction Limited (Registered number: 09324776)

Balance Sheet
31 MARCH 2025

2025 2024
as restated
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 456,873 359,337
Investments 5 830 830
457,703 360,167

CURRENT ASSETS
Debtors 6 3,882,176 3,797,235
Cash at bank 2,459,484 1,962,179
6,341,660 5,759,414
CREDITORS
Amounts falling due within one year 7 467,669 526,290
NET CURRENT ASSETS 5,873,991 5,233,124
TOTAL ASSETS LESS CURRENT
LIABILITIES

6,331,694

5,593,291

PROVISIONS FOR LIABILITIES 105,790 80,868
NET ASSETS 6,225,904 5,512,423

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings 6,224,904 5,511,423
SHAREHOLDERS' FUNDS 6,225,904 5,512,423

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.

Hickford Construction Limited (Registered number: 09324776)

Balance Sheet - continued
31 MARCH 2025


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 22 July 2025 and were signed on its behalf by:





A Hickford - Director


Hickford Construction Limited (Registered number: 09324776)

Notes to the Financial Statements
FOR THE YEAR ENDED 31 MARCH 2025

1. STATUTORY INFORMATION

Hickford Construction 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.

Preparation of consolidated financial statements
The financial statements contain information about Hickford Construction Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

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.
Fixtures and fittings - 25% on cost
Motor vehicles - 25% on reducing balance
Computer equipment - 3 years

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Hickford Construction Limited (Registered number: 09324776)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31 MARCH 2025

2. ACCOUNTING POLICIES - continued

Financial instruments
Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provision of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic Financial Assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised costs using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Classification of financial liabilities
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is a contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Basic financial liabilities
Basic financial liabilities, including creditors and loans from related companies are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised costs, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Hickford Construction Limited (Registered number: 09324776)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31 MARCH 2025

2. ACCOUNTING POLICIES - continued

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.

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 13 (2024 - 20 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant & and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 April 2024 467,292 9,690 588,358 12,888 1,078,228
Additions 217,640 - 88,960 - 306,600
Disposals (100,750 ) - (74,873 ) (1,689 ) (177,312 )
At 31 March 2025 584,182 9,690 602,445 11,199 1,207,516
DEPRECIATION
At 1 April 2024 441,609 517 269,713 7,052 718,891
Charge for year 93,898 2,423 101,120 2,982 200,423
Eliminated on disposal (100,750 ) - (67,061 ) (860 ) (168,671 )
At 31 March 2025 434,757 2,940 303,772 9,174 750,643
NET BOOK VALUE
At 31 March 2025 149,425 6,750 298,673 2,025 456,873
At 31 March 2024 25,683 9,173 318,645 5,836 359,337

5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 April 2024
and 31 March 2025 830
NET BOOK VALUE
At 31 March 2025 830
At 31 March 2024 830

Hickford Construction Limited (Registered number: 09324776)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31 MARCH 2025

5. FIXED ASSET INVESTMENTS - continued

A Hickford Lighting Limited - 10867303
80% shareholding
The Stable Yard
Vicarage Road
Stony Stratford
Milton Keynes
Buckinghamshire
MK11 1BN

A Hickford Homes Limited - 11931001
75% shareholding
The Stable Yard
Vicarage Road
Stony Stratford
Milton Keynes
Buckinghamshire
MK11 1BN

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
as restated
£    £   
Trade debtors 435,114 590,734
Amounts owed by group undertakings 3,095,751 3,165,200
Other debtors 351,311 41,301
3,882,176 3,797,235

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
as restated
£    £   
Trade creditors 226,505 258,924
Taxation and social security 236,789 258,415
Other creditors 4,375 8,951
467,669 526,290

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2025 and 31 March 2024:

2025 2024
as restated
£    £   
**UNKNOWN DIRECTOR 1**
Balance outstanding at start of year - -
Amounts advanced 26,915 -
Amounts repaid (26,191 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 724 -

Hickford Construction Limited (Registered number: 09324776)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31 MARCH 2025

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES - continued

**UNKNOWN DIRECTOR 2**
Balance outstanding at start of year - -
Amounts advanced 34,509 -
Amounts repaid (28,849 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 5,660 -

**UNKNOWN DIRECTOR 3**
Balance outstanding at start of year - -
Amounts advanced 295,434 -
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 295,434 -

The directors loan accounts were repaid shortly after the year end.