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Registration number: 13307519

H.I Building Company Limited
Unaudited Filleted Financial Statements
for the Year Ended 30 April 2025

H.I Building Company Limited

Contents

Company Information | 1
Balance Sheet | 2
Notes to the Unaudited Financial Statements | 3 to 8

H.I Building Company Limited

Company Information

Director | S Allen

Company secretary | KM Harvey

Registered office | 11 Yeo Business Park Axehayes Farm Clyst St. Mary Exeter Devon EX5 1DP

Accountants | M J Smith & Co Limited Chartered Accountants 11 Yeo Business Park Axehayes Farm Clyst St. Mary Exeter Devon EX5 1DP

H.I Building Company Limited

(Registration number: 13307519)
Balance Sheet as at 30 April 2025

| Note | 2025 £ | 2024 £
fixed assets |  |  |
tangible assets | 6 | 114,055 | 125,181
Current assets |  |  |
stocks | 7 | 3,500 | -
Debtors | 8 | 189,380 | 98,926
Cash at bank and in hand |  | 448,106 | 391,095
|  | 640,986 | 490,021
Creditors: Amounts falling due within one year | 9 | (377,069) | (246,043)
Net current assets |  | 263,917 | 243,978
Net assets |  | 377,972 | 369,159
capital and reserves |  |  |
Called up share capital |  | 100 | 100
Profit and loss account |  | 377,872 | 369,059
Total equity |  | 377,972 | 369,159

For the financial year ending 30 April 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's 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 director acknowledges his 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 director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 18 September 2025

......................................... S Allen Director

H.I Building Company Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2025

1 | General information

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

The address of its registered office is:
11 Yeo Business Park Axehayes Farm
Clyst St. Mary
Exeter
Devon
EX5 1DP
England

These financial statements were authorised for issue by the director on 18 September 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.

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.

H.I Building Company Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2025

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
Motor Vehicles | 20% reducing balance basis
Plant and Equipment | 25% reducing balance basis
Office equipment | 25% reducing balance basis

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.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.
The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

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.

H.I Building Company Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2025

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.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.
Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3 | Staff numbers

The average number of persons employed by the company (including the director) during the year, was 4 (2024 - 4).

4 | Profit before tax

Arrived at after charging/(crediting)

| 2025 £ | 2024 £
Depreciation expense | 30,399 | 33,370

5 | Taxation on profits on ordinary activities

| Note | 2025 £ | 2024 £
Tax reconciliation |  |  |
UK corporation tax |  | 17,038 | 78,464
UK corporation tax adjustment to prior periods |  | 76 | 12,413
|  | 17,114 | 90,877

H.I Building Company Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2025

6 | Tangible assets

| Furniture, fittings and equipment £ | Motor vehicles £ | Other property, plant and equipment £ | Total £
Cost or valuation
At 1 May 2024 | 5,040 | 125,361 | 28,150 | 158,551
Additions | - | 14,000 | 5,274 | 19,274
At 30 April 2025 | 5,040 | 139,361 | 33,424 | 177,825
Depreciation
At 1 May 2024 | 1,260 | 25,072 | 7,038 | 33,370
Charge for the year | 945 | 22,858 | 6,597 | 30,400
At 30 April 2025 | 2,205 | 47,930 | 13,635 | 63,770
Carrying amount
At 30 April 2025 | 2,835 | 91,431 | 19,789 | 114,055
At 30 April 2024 | 3,780 | 100,289 | 21,112 | 125,181

7 | Stocks

| 2025 £ | 2024 £
Work in progress | 3,500 | -

8 | Debtors

Current | 2025 £ | 2024 £
Trade debtors | 80,407 | 89,498
Prepayments | 10,434 | 9,428
Other debtors | 98,539 | -
| 189,380 | 98,926

9 | Creditors

Creditors: amounts falling due within one year

H.I Building Company Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2025

| 2025 £ | 2024 £
Due within one year |  |
trade creditors | 94,107 | 36,328
Taxation and social security | 134,735 | 116,399
Accruals and deferred income | 124,133 | 3,756
Other creditors | 24,094 | 86,694
Director's current account | - | 2,866
| 377,069 | 246,043

10 | Dividends

Interim dividends paid

|  | 2025 £ |  | 2024 £
Interim dividend of £370.00 (2024 - £377.00) per each Dividend |  | 37,000 |  | 37,700

11 | Related party transactions

H.I Building Company Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2025

Director's remuneration

The director's remuneration for the year was as follows:

| 2025 £ | 2024 £
Remuneration | 12,570 | 12,735