REGISTERED NUMBER: SC352436 (Scotland)

Financial Statements

for the Year Ended 31 December 2024

for

A H F Construction Management Ltd.

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

Mr H Friel

Mrs A Hinde

SECRETARY:

Mr H Friel

REGISTERED OFFICE:

Radleigh House

1 Golf Road

Clarkston

Glasgow

G76 7HU

REGISTERED NUMBER:

SC352436 (Scotland)

ACCOUNTANTS:

O'Haras Chartered Accountants

Radleigh House

1 Golf Road

Clarkston

Glasgow

G76 7HU

FIXED ASSETS

Property, plant and equipment

3

324,629

310,109

CURRENT ASSETS

Debtors

4

1,240,090

1,230,077

Cash at bank

1,220,372

943,084

2,460,462

2,173,161

CREDITORS

Amounts falling due within one year

5

423,146

507,881

NET CURRENT ASSETS

2,037,316

1,665,280

TOTAL ASSETS LESS CURRENT LIABILITIES

2,361,945

1,975,389

CREDITORS

Amounts falling due after more than one year

6

(92,883

)

(123,280

)

PROVISIONS FOR LIABILITIES

(81,158

)

(77,554

)

NET ASSETS

2,187,904

1,774,555

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

2,187,804

1,774,455

SHAREHOLDERS' FUNDS

2,187,904

1,774,555

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 12 August 2025 and were signed on its behalf by:

Mrs A Hinde - Director

Mr H Friel - Director

1.	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.

Going concern

The directors continue to be satisfied that the company has adequate resources to continue in operation for the next 12 months. Consequently, the directors consider it appropriate to prepare the financial statements on a going concern basis.

Revenue

Turnover represents the amounts derived from the provision of civil engineering and groundworks services, excluding value added tax and trade discounts.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

Plant and machinery

-

15% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on cost

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.

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

Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Creditors

Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

2.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 31 (2023 - 38 ) .

3.	PROPERTY, PLANT AND EQUIPMENT

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 January 2024

67,555

13,135

396,251

15,326

492,267

Additions

19,934

-

93,013

1,128

114,075

Disposals

-

-

(36,711

)

-

(36,711

)

At 31 December 2024

87,489

13,135

452,553

16,454

569,631

DEPRECIATION

At 1 January 2024

26,514

7,138

136,560

11,946

182,158

Charge for year

9,146

900

75,266

2,191

87,503

Eliminated on disposal

-

-

(24,659

)

-

(24,659

)

At 31 December 2024

35,660

8,038

187,167

14,137

245,002

NET BOOK VALUE

At 31 December 2024

51,829

5,097

265,386

2,317

324,629

At 31 December 2023

41,041

5,997

259,691

3,380

310,109

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

256,282

137,317

Amounts recoverable on contract

549,163

563,250

Other debtors

434,645

529,510

1,240,090

1,230,077

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Bank loans and overdrafts

7,999

8,017

Hire purchase contracts

22,398

30,759

Trade creditors

323,287

328,722

Taxation and social security

63,471

135,018

Other creditors

5,991

5,365

423,146

507,881

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Bank loans

3,359

11,358

Hire purchase contracts

89,524

111,922

92,883

123,280

7.	SECURED DEBTS

The Clydesdale Bank PLC holds a floating charge over the property or undertaking of the company.

8.	RELATED PARTY DISCLOSURES

There is a balance owed by the directors of £61,987 (2023 - £64,604) at at 31st December 2024. No interest was charged on this balance and there are no formal repayment terms.