REGISTERED NUMBER: 07960287 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2024

for

Hill & Hulme Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

T M Hill

R L Hulme

REGISTERED OFFICE:

Highridge Farm

Chalk Hill

Soberton

Southampton

Hampshire

SO32 3PH

REGISTERED NUMBER:

07960287 (England and Wales)

ACCOUNTANTS:

Butler & Co Alresford Limited

Chartered Accountants

The Old Stables

Sutton Manor Farm

Bishops Sutton

Alresford

Hampshire

SO24 0AA

FIXED ASSETS

Tangible assets

4

127,518

126,013

CURRENT ASSETS

Stocks

5

20,000

20,000

Debtors

6

960,989

1,296,907

Cash at bank and in hand

227,725

235,006

1,208,714

1,551,913

CREDITORS

Amounts falling due within one year

7

201,243

496,757

NET CURRENT ASSETS

1,007,471

1,055,156

TOTAL ASSETS LESS CURRENT LIABILITIES

1,134,989

1,181,169

PROVISIONS FOR LIABILITIES

8

14,102

16,117

NET ASSETS

1,120,887

1,165,052

CAPITAL AND RESERVES

Called up share capital

9

100

100

Retained earnings

1,120,787

1,164,952

SHAREHOLDERS' FUNDS

1,120,887

1,165,052

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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.

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 27 August 2025 and were signed on its behalf by:

R L Hulme - Director

T M Hill - Director

1.	STATUTORY INFORMATION

Hill & Hulme 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% reducing balance basis

Fixtures and fittings

-

15% reducing balance basis

Stocks

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

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 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.

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 7 (2023 - 6 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

machinery

fittings

Totals

£

£

£

COST

At 1 January 2024

64,979

124,566

189,545

Additions

1,536

22,472

24,008

At 31 December 2024

66,515

147,038

213,553

DEPRECIATION

At 1 January 2024

36,509

27,023

63,532

Charge for year

4,501

18,002

22,503

At 31 December 2024

41,010

45,025

86,035

NET BOOK VALUE

At 31 December 2024

25,505

102,013

127,518

At 31 December 2023

28,470

97,543

126,013

5.

STOCKS

2024

2023

£

£

Stocks

20,000

20,000

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

299,336

627,103

Amounts owed by group undertakings

617,425

617,425

VAT

30,410

40,824

Prepayments

13,818

11,555

960,989

1,296,907

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade creditors

145,396

431,831

Tax

39,591

41,752

Social security and other taxes

12,361

17,674

Other creditors

770

-

Accrued expenses

3,125

5,500

201,243

496,757

8.	PROVISIONS FOR LIABILITIES

2024

2023

£

£

Deferred tax

14,102

16,117

Deferred

tax

£

Balance at 1 January 2024

16,117

Capital allowances

(2,015

)

Balance at 31 December 2024

14,102

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

£

£

100

Ordinary

1

100

100

10.	ULTIMATE CONTROLLING PARTY

The company's immediate parent is H H Plant Limited, incorporated in England and Wales.

The ultimate controlling party is the directors, who are also the shareholders of the parent company.