REGISTERED NUMBER: 01663347 (England and Wales)

Financial Statements

for the Period 30 December 2023 to 27 December 2024

for

T.P. Hopwell (Birmingham) Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mrs L Hopwell

T C Hopwell

M P Field

A T Hopwell

SECRETARY:

M P Field

REGISTERED OFFICE:

Glaisdale Drive

Bilborough

Nottingham

Nottinghamshire

NG8 4LU

REGISTERED NUMBER:

01663347 (England and Wales)

AUDITORS:

Clayton & Brewill

Statutory Auditors and

Chartered Accountants

Cawley House

149-155 Canal Street

Nottingham

Nottinghamshire

NG1 7HR

FIXED ASSETS

Tangible assets

4

9,723,277

9,293,516

Investments

5

612,489

612,489

10,335,766

9,906,005

CURRENT ASSETS

Stocks

3,020,266

2,664,204

Debtors

6

1,857,027

2,363,061

Cash at bank and in hand

98,244

88,119

4,975,537

5,115,384

CREDITORS

Amounts falling due within one year

7

1,718,461

1,460,214

NET CURRENT ASSETS

3,257,076

3,655,170

TOTAL ASSETS LESS CURRENT LIABILITIES

13,592,842

13,561,175

CREDITORS

Amounts falling due after more than one year

8

(2,418,928

)

(2,731,036

)

PROVISIONS FOR LIABILITIES

-

(213,575

)

NET ASSETS

11,173,914

10,616,564

CAPITAL AND RESERVES

Called up share capital

100

100

Revaluation reserve

9

1,565,637

1,565,637

Retained earnings

9,608,177

9,050,827

SHAREHOLDERS' FUNDS

11,173,914

10,616,564

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 31 March 2025 and were signed on its behalf by:

T C Hopwell - Director

1.	STATUTORY INFORMATION

T.P. Hopwell (Birmingham) 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.

Land and buildings

-

2% of cost or valuation

Plant and machinery etc

-

33% on cost, 25% per annum straight line, 20% on cost and 12.5% on reducing balance

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 period 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 period 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 32 (2023 - 27 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 30 December 2023

7,721,889

6,198,734

13,920,623

Additions

206,344

1,002,805

1,209,149

Disposals

-

(559,623

)

(559,623

)

Reclassification/transfer

(245,902

)

245,902

-

At 27 December 2024

7,682,331

6,887,818

14,570,149

DEPRECIATION

At 30 December 2023

403,516

4,223,591

4,627,107

Charge for period

114,500

632,227

746,727

Eliminated on disposal

-

(526,962

)

(526,962

)

At 27 December 2024

518,016

4,328,856

4,846,872

NET BOOK VALUE

At 27 December 2024

7,164,315

2,558,962

9,723,277

At 29 December 2023

7,318,373

1,975,143

9,293,516

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 30 December 2023

and 27 December 2024

612,489

NET BOOK VALUE

At 27 December 2024

612,489

At 29 December 2023

612,489

The company purchased a 100% shareholding in Ortoncrest Holdings Limited on the 28th April 2023.

The trade and assets in Ortoncrest Holdings Limited were transferred to Hopwells Ltd on the 29th December 2023. As a result, the investment held has been written down to nil.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

490,220

168,083

Amounts owed by group undertakings

1,210,747

1,963,092

Other debtors

156,060

231,886

1,857,027

2,363,061

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Bank loans and overdrafts

232,251

216,493

Trade creditors

987,627

706,057

Amounts owed to group undertakings

275

73

Taxation and social security

136,182

51,336

Other creditors

362,126

486,255

1,718,461

1,460,214

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Bank loans

2,418,928

2,731,036

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

1,297,962

1,688,122

9.

RESERVES

Revaluation

reserve

£

At 30 December 2023

and 27 December 2024

1,565,637

10.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Neil South BA FCA (Senior Statutory Auditor)

for and on behalf of Clayton & Brewill