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REGISTERED NUMBER: 07689736 (England and Wales)















Unaudited Financial Statements For The Year Ended 30 June 2024

for

HS Contracting Services Limited

HS Contracting Services Limited (Registered number: 07689736)






Contents of the Financial Statements
For The Year Ended 30 June 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


HS Contracting Services Limited

Company Information
For The Year Ended 30 June 2024







DIRECTORS: I Bevan
C Maloney





REGISTERED OFFICE: Unit 213
14 Chertsey Road
Woking
Surrey
GU21 5AH





REGISTERED NUMBER: 07689736 (England and Wales)





ACCOUNTANTS: Fuller Spurling
Mill House
58 Guildford Street
Chertsey
Surrey
KT16 9BE

HS Contracting Services Limited (Registered number: 07689736)

Balance Sheet
30 June 2024

30.6.24 30.6.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 31,071 18,850

CURRENT ASSETS
Stocks 51,511 57,832
Debtors 5 404,824 374,398
Cash at bank 4,746 2,529
461,081 434,759
CREDITORS
Amounts falling due within one year 6 484,048 436,778
NET CURRENT LIABILITIES (22,967 ) (2,019 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

8,104

16,831

CREDITORS
Amounts falling due after more than one
year

7

7,448

15,887
NET ASSETS 656 944

CAPITAL AND RESERVES
Called up share capital 8 102 102
Retained earnings 9 554 842
SHAREHOLDERS' FUNDS 656 944

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

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

HS Contracting Services Limited (Registered number: 07689736)

Balance Sheet - continued
30 June 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 1 September 2025 and were signed on its behalf by:





I Bevan - Director


HS Contracting Services Limited (Registered number: 07689736)

Notes to the Financial Statements
For The Year Ended 30 June 2024

1. STATUTORY INFORMATION

HS Contracting Services 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable.Turnover is reduced for estimated customer returns, rebates and other similar allowances.Turnover from the sale of goods is recognised when goods are delivered and legal title has passed.It includes the relevant amount in respect of contracts which is appropriate to the stage of completion of each contract at the balance sheet date

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Motor vehicles - 25% on cost
Office equipment - 25% on cost

Stocks
Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Financial instruments
The Company only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value.

Taxation
yearIncome StatementTaxation represents the sum of tax currently payable, and deferred tax if material.

The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax, where material, is recognised on all timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period.

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.

HS Contracting Services Limited (Registered number: 07689736)

Notes to the Financial Statements - continued
For The Year Ended 30 June 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.

Debtors
Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

Cash at bank and in hand
Cash at bank includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.

Creditors
Creditors, provisions and accrued costs are recognised where the company has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2023 - 6 ) .

4. TANGIBLE FIXED ASSETS
Motor Office
vehicles equipment Totals
£    £    £   
COST
At 1 July 2023 52,094 7,344 59,438
Additions 29,125 1,565 30,690
Disposals (6,895 ) - (6,895 )
At 30 June 2024 74,324 8,909 83,233
DEPRECIATION
At 1 July 2023 35,931 4,657 40,588
Charge for year 15,631 1,114 16,745
Eliminated on disposal (5,171 ) - (5,171 )
At 30 June 2024 46,391 5,771 52,162
NET BOOK VALUE
At 30 June 2024 27,933 3,138 31,071
At 30 June 2023 16,163 2,687 18,850

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Trade debtors 236,832 245,125
Other debtors 20,350 23,040
Directors' current accounts 147,642 106,233
404,824 374,398

HS Contracting Services Limited (Registered number: 07689736)

Notes to the Financial Statements - continued
For The Year Ended 30 June 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Bank loans and overdrafts 9,718 37,432
Hire purchase contracts 12,500 17,500
Trade creditors 29,654 35,219
Corporation tax 68,741 38,307
Social security and other taxes 21,530 50,131
VAT 337,995 253,189
Other creditors 871 1,924
Accrued expenses 3,039 3,076
484,048 436,778

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.6.24 30.6.23
£    £   
Bank loans 7,448 15,887

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.6.24 30.6.23
value: £    £   
1,000 Ordinary £.0.1 0 100 100
1 Ordinary"A" 1 1 1
1 Ordinary"B" 1 1 1
102 102

9. RESERVES
Retained
earnings
£   

At 1 July 2023 842
Profit for the year 103,962
Dividends (104,250 )
At 30 June 2024 554

HS Contracting Services Limited (Registered number: 07689736)

Notes to the Financial Statements - continued
For The Year Ended 30 June 2024

10. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

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

30.6.24 30.6.23
£    £   
I Bevan
Balance outstanding at start of year 68,186 37,236
Amounts advanced 24,140 30,950
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 92,326 68,186

C Maloney
Balance outstanding at start of year 38,047 9,443
Amounts advanced 17,269 28,604
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 55,316 38,047