REGISTERED NUMBER: 03238567 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2024

for

Hanna Civil Engineering Limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTOR:

G J Hanna

SECRETARY:

J Hanna

REGISTERED OFFICE:

Copia House

Great Cliffe Court

Great Cliffe Road

Barnsley

South Yorkshire

S75 3SP

REGISTERED NUMBER:

03238567 (England and Wales)

ACCOUNTANTS:

SMH Reed Smith Ltd

Copia House

Great Cliffe Court

Great Cliffe Road

Barnsley

S75 3SP

FIXED ASSETS

Property, plant and equipment

4

1,941,283

2,082,899

Investments

5

201,000

201,000

Investment property

6

202,347

-

2,344,630

2,283,899

CURRENT ASSETS

Debtors

7

1,206,472

1,092,053

Cash at bank

435,033

1,530,331

1,641,505

2,622,384

CREDITORS

Amounts falling due within one year

8

627,661

733,005

NET CURRENT ASSETS

1,013,844

1,889,379

TOTAL ASSETS LESS CURRENT LIABILITIES

3,358,474

4,173,278

CREDITORS

Amounts falling due after more than one year

9

(145,014

)

(193,846

)

PROVISIONS FOR LIABILITIES

(315,344

)

(398,624

)

NET ASSETS

2,898,116

3,580,808

CAPITAL AND RESERVES

Called up share capital

10

10

Retained earnings

2,898,106

3,580,798

SHAREHOLDERS' FUNDS

2,898,116

3,580,808

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 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 Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 6 May 2025 and were signed by:

G J Hanna - Director

1.	STATUTORY INFORMATION

Hanna Civil Engineering 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

Revenue 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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

20% on reducing balance

Fixtures and fittings

-

20% on reducing balance

Motor vehicles

-

25% on reducing balance

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Investment property

Investment property is shown at cost having been acquired during the year.

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 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

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 34 (2023 - 36 ) .

4.	PROPERTY, PLANT AND EQUIPMENT

Fixtures

Land and

Plant and

and

Motor

buildings

machinery

fittings

vehicles

Totals

£

£

£

£

£

COST

At 1 January 2024

591,759

2,169,053

35,682

483,921

3,280,415

Additions

-

207,525

2,016

107,245

316,786

Disposals

-

(219,293

)

(830

)

(30,098

)

(250,221

)

At 31 December 2024

591,759

2,157,285

36,868

561,068

3,346,980

DEPRECIATION

At 1 January 2024

103,357

893,809

22,409

177,941

1,197,516

Charge for year

11,835

272,054

3,001

87,492

374,382

Eliminated on disposal

-

(141,287

)

(830

)

(24,084

)

(166,201

)

At 31 December 2024

115,192

1,024,576

24,580

241,349

1,405,697

NET BOOK VALUE

At 31 December 2024

476,567

1,132,709

12,288

319,719

1,941,283

At 31 December 2023

488,402

1,275,244

13,273

305,980

2,082,899

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

Motor

machinery

vehicles

Totals

£

£

£

COST

At 1 January 2024

1,396,549

332,338

1,728,887

Additions

191,000

107,245

298,245

Transfer to ownership

(682,750

)

(21,969

)

(704,719

)

At 31 December 2024

904,799

417,614

1,322,413

DEPRECIATION

At 1 January 2024

402,845

101,361

504,206

Charge for year

200,920

77,906

278,826

Transfer to ownership

(333,204

)

(12,677

)

(345,881

)

At 31 December 2024

270,561

166,590

437,151

NET BOOK VALUE

At 31 December 2024

634,238

251,024

885,262

At 31 December 2023

993,704

230,977

1,224,681

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 January 2024

and 31 December 2024

201,000

NET BOOK VALUE

At 31 December 2024

201,000

At 31 December 2023

201,000

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

Additions

202,347

At 31 December 2024

202,347

NET BOOK VALUE

At 31 December 2024

202,347

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

918,220

782,809

Directors' current accounts

56,272

65,990

Corporation tax

86,626

-

Value added tax

-

55,735

Section 455 tax

42,933

76,353

Prepayments and other debtors

102,421

111,166

1,206,472

1,092,053

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Hire purchase contracts

157,990

188,747

Trade creditors

255,981

233,212

Amounts owed to associated business

77,900

84,688

Taxation and social security

52,040

149,666

Other creditors

83,750

76,692

627,661

733,005

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Hire purchase contracts

145,014

193,846

10.	SECURED DEBTS

The following secured debts are included within creditors:

2024

2023

£

£

Hire purchase contracts

303,004

382,593

11.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2024 and 31 December 2023:

2024

2023

£

£

G J Hanna

Balance outstanding at start of year

65,990

117,405

Amounts repaid

(9,718

)

(51,415

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

56,272

65,990

12.	RELATED PARTY DISCLOSURES

13.	ULTIMATE CONTROLLING PARTY

The company is controlled by the director Mr G J Hanna by virtue of his controlling shareholding.