REGISTERED NUMBER: 03344476 (England and Wales)

HURST CARPENTRY LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2025

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTOR:

J P Hurst

SECRETARY:

Mrs C M D Hurst

REGISTERED OFFICE:

West Lodge

Rainbow Street

Leominster

Herefordshire

HR6 8DQ

REGISTERED NUMBER:

03344476 (England and Wales)

ACCOUNTANTS:

Davies Edwards & Co

Chartered Certified Accountants

West Lodge

Rainbow Street

Leominster

Herefordshire

HR6 8DQ

FIXED ASSETS

Tangible assets

4

34,766

42,993

CURRENT ASSETS

Stocks and work in progress

22,000

25,500

Debtors

5

42,752

44,233

Cash at bank and in hand

98,110

125,714

162,862

195,447

CREDITORS

Amounts falling due within one year

6

35,435

22,977

NET CURRENT ASSETS

127,427

172,470

TOTAL ASSETS LESS CURRENT LIABILITIES

162,193

215,463

PROVISIONS FOR LIABILITIES

6,606

9,145

NET ASSETS

155,587

206,318

CAPITAL AND RESERVES

Called up share capital

7

2

2

Retained earnings

8

155,585

206,316

SHAREHOLDERS' FUNDS

155,587

206,318

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the director and authorised for issue on 8 September 2025 and were signed by:

J P Hurst - Director

1.	STATUTORY INFORMATION

Hurst Carpentry 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, 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.

Plant and machinery

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on cost and 10% on reducing balance

Stocks

Stocks and work in progress 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 and work in progress 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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

£

£

£

COST

At 1 May 2024

and 30 April 2025

54,272

62,060

1,453

117,785

DEPRECIATION

At 1 May 2024

28,294

45,396

1,102

74,792

Charge for year

3,897

4,165

165

8,227

At 30 April 2025

32,191

49,561

1,267

83,019

NET BOOK VALUE

At 30 April 2025

22,081

12,499

186

34,766

At 30 April 2024

25,978

16,664

351

42,993

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Directors' current accounts

41,219

40,423

VAT

-

2,092

Prepayments and accrued income

1,533

1,718

42,752

44,233

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

19,469

10,747

Tax

-

9,195

Social security and other taxes

193

535

VAT

12,673

-

Accruals and deferred income

3,100

2,500

35,435

22,977

7.	CALLED UP SHARE CAPITAL

Allotted and issued:

Number:

Class:

Nominal

2025

2024

value:

£

£

2

Ordinary

£1

2

2

8.

RESERVES

Retained

earnings

£

At 1 May 2024

206,316

Deficit for the year

(9,731

)

Dividends

(41,000

)

At 30 April 2025

155,585

9.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 April 2025 and 30 April 2024:

2025

2024

£

£

J P Hurst

Balance outstanding at start of year

40,423

57,851

Amounts advanced

42,108

42,884

Amounts repaid

(41,312

)

(60,312

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

41,219

40,423

Dividends of £41,000 were paid to the director during this financial year.