H Aistrop & Sons Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 05662641

H Aistrop & Sons Limited

Filleted Unaudited Financial Statements

30 April 2025

H Aistrop & Sons Limited

Financial Statements

Year ended 30 April 2025

Contents	Pages

Chartered accountants report to the board of directors on the preparation of the unaudited statutory financial statements	1

Statement of financial position	2 to 3

Notes to the financial statements	4 to 8

H Aistrop & Sons Limited

Chartered Accountants Report to the Board of Directors on the Preparation of the Unaudited Statutory Financial Statements of H Aistrop & Sons Limited

Year ended 30 April 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of H Aistrop & Sons Limited for the year ended 30 April 2025, which comprise the statement of financial position and the related notes from the company's accounting records and from information and explanations you have given us. As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at www.icaew.com/en/membership/regulations-standards-and-guidance. This report is made solely to the Board of Directors of H Aistrop & Sons Limited, as a body, in accordance with the terms of our engagement letter dated 30 September 2024. Our work has been undertaken solely to prepare for your approval the financial statements of H Aistrop & Sons Limited and state those matters that we have agreed to state to you, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF as detailed at www.icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than H Aistrop & Sons Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that H Aistrop & Sons Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of H Aistrop & Sons Limited. You consider that H Aistrop & Sons Limited is exempt from the statutory audit requirement for the year. We have not been instructed to carry out an audit or a review of the financial statements of H Aistrop & Sons Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

HEBBLETHWAITES Chartered Accountants

2 Westbrook Court Sharrow Vale Road Sheffield S11 8YZ

25 September 2025

H Aistrop & Sons Limited

Statement of Financial Position

30 April 2025

	2025	2024
Note	£	£

Fixed assets

Tangible assets	6	58,955	43,365

Current assets

Debtors	7	343,762	264,573
Cash at bank and in hand		145,179	121,097
		---------	---------
		488,941	385,670

Creditors: amounts falling due within one year	8	120,242	68,955
		---------	---------
Net current assets		368,699	316,715
		---------	---------
Total assets less current liabilities		427,654	360,080

Creditors: amounts falling due after more than one year	9	16,747	8,750

Provisions

Taxation including deferred tax	14,738	10,841
	---------	---------
Net assets	396,169	340,489
	---------	---------

H Aistrop & Sons Limited

Statement of Financial Position (continued)

30 April 2025

	2025	2024
Note	£	£

Capital and reserves

Called up share capital	1,500	1,500
Profit and loss account	394,669	338,989
	---------	---------
Shareholders funds	396,169	340,489
	---------	---------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the 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.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

These financial statements were approved by the board of directors and authorised for issue on 23 September 2025 , and are signed on behalf of the board by:

Mr R J Aistrop

Director

Company registration number: 05662641

H Aistrop & Sons Limited

Notes to the Financial Statements

Year ended 30 April 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 24 Goldcrest Walk, Thorpe Hesley, Rotherham, South Yorkshire, S61 2TS.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Taxation

Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.

Amortisation

Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:

	Goodwill	-	10% straight line

If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Motor Vehicles	-	25% reducing balance
Equipment	-	20% reducing balance

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

Finance leases and hire purchase contracts

Assets held under finance leases are recognised in the statement of financial position as assets and liabilities at the lower of the fair value of the assets and the present value of the minimum lease payments, which is determined at the inception of the lease term. Any initial direct costs of the lease are added to the amount recognised as an asset. Lease payments are apportioned between the finance charges and reduction of the outstanding lease liability using the effective interest method. Finance charges are allocated to each period so as to produce a constant rate of interest on the remaining balance of the liability along with a fixed interest element in relation to one such agreement.

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 4 (2024: 3 ).

5. Intangible assets

	Goodwill
	£
Cost
At 1 May 2024 and 30 April 2025	240,000
	---------
Amortisation
At 1 May 2024 and 30 April 2025	240,000
	---------
Carrying amount
At 30 April 2025	–
	---------
At 30 April 2024	–
	---------

6. Tangible assets

	Motor vehicles	Equipment	Total
	£	£	£
Cost
At 1 May 2024	69,465	2,406	71,871
Additions	32,350	–	32,350
Disposals	( 11,490)	–	( 11,490)
	--------	-------	--------
At 30 April 2025	90,325	2,406	92,731
	--------	-------	--------
Depreciation
At 1 May 2024	26,943	1,563	28,506
Charge for the year	10,858	169	11,027
Disposals	( 5,757)	–	( 5,757)
	--------	-------	--------
At 30 April 2025	32,044	1,732	33,776
	--------	-------	--------
Carrying amount
At 30 April 2025	58,281	674	58,955
	--------	-------	--------
At 30 April 2024	42,522	843	43,365
	--------	-------	--------

Finance leases and hire purchase contracts

Included within the carrying value of tangible assets are the following amounts relating to assets held under finance leases or hire purchase agreements:

	Motor vehicles
	£
At 30 April 2025	27,478
	--------
At 30 April 2024	14,513
	--------

7. Debtors

	2025	2024
	£	£
Trade debtors	325,172	243,557
Other debtors	18,590	21,016
	---------	---------
	343,762	264,573
	---------	---------

8. Creditors: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	54,586	29,759
Corporation tax	27,017	17,689
Social security and other taxes	9,188	3,650
Other creditors	29,451	17,857
	---------	--------
	120,242	68,955
	---------	--------

Included within "other creditors" above are hire purchase liabilities in the sum of £7,375 which are secured on the related assets as set out in note 7 above.

9. Creditors: amounts falling due after more than one year

	2025	2024
	£	£
Other creditors	16,747	8,750
	--------	-------

Included within "other creditors" above are hire purchase liabilities in the sum of £16,747 which are secured on the related assets as set out in note 7 above.

10. Directors' advances, credits and guarantees

A loan account exists as between the company and the directors. At the year end date of 30 April 2025, a total of £19,976 (2024: £10,857) was outstanding and owing to the directors by the company, this with no formal terms for repayment and no interest charges being applicable.