REGISTERED NUMBER: 04791538 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

30 SEPTEMBER 2024

FOR

C.D. HOOD LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

C D Hood

R L Hood

REGISTERED OFFICE:

Unit 1

Newman Park

Sedgeway, Witchford

Ely

Cambridgeshire

REGISTERED NUMBER:

04791538 (England and Wales)

ACCOUNTANTS:

Thompson Taraz Rand Ltd

Chartered Accountants

10 Jesus Lane

Cambridge

Cambridgeshire

CB5 8BA

FIXED ASSETS

Tangible assets

5

114,754

80,651

CURRENT ASSETS

Stocks

197,439

546,393

Debtors

6

664,971

273,497

Cash at bank and in hand

1,428,613

589,750

2,291,023

1,409,640

CREDITORS

Amounts falling due within one year

7

(1,702,568

)

(949,826

)

NET CURRENT ASSETS

588,455

459,814

TOTAL ASSETS LESS CURRENT LIABILITIES

703,209

540,465

CREDITORS

Amounts falling due after more than one year

8

(62,885

)

(41,991

)

PROVISIONS FOR LIABILITIES

(18,455

)

(20,020

)

NET ASSETS

621,869

478,454

CAPITAL AND RESERVES

Called up share capital

10

1,000

1,000

Retained earnings

620,869

477,454

SHAREHOLDERS' FUNDS

621,869

478,454

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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 Profit and loss account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30 June 2025 and were signed on its behalf by:

C D Hood - Director

1.	STATUTORY INFORMATION

C.D. Hood Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

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 etc

-

15%, 25% on reducing balance

Stocks

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

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.

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.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 19 (2023 - 15 ) .

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 October 2023

233,115

Additions

70,929

At 30 September 2024

304,044

DEPRECIATION

At 1 October 2023

152,464

Charge for year

36,826

At 30 September 2024

189,290

NET BOOK VALUE

At 30 September 2024

114,754

At 30 September 2023

80,651

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

Plant and

machinery

etc

£

COST

At 1 October 2023

104,780

Additions

70,929

At 30 September 2024

175,709

DEPRECIATION

At 1 October 2023

45,915

Charge for year

32,449

At 30 September 2024

78,364

NET BOOK VALUE

At 30 September 2024

97,345

At 30 September 2023

58,865

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

633,364

237,803

Other debtors

31,607

35,694

664,971

273,497

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Bank loans and overdrafts

9,451

9,451

Hire purchase contracts (see note 9)

28,993

22,921

Trade creditors

942,284

525,063

Taxation and social security

365,106

271,064

Other creditors

356,734

121,327

1,702,568

949,826

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Bank loans

8,162

17,465

Hire purchase contracts (see note 9)

54,723

24,526

62,885

41,991

9.	LEASING AGREEMENTS

Assets obtained under hire purchase contracts and finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period. Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the

lessor are charged to profit and loss account as incurred.

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

£

£

1,000

Ordinary

£1

1,000

1,000

11.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 30 September 2024 and 30 September 2023:

2024

2023

£

£

C D Hood

Balance outstanding at start of year

5,273

9,552

Amounts advanced

83,500

93,721

Amounts repaid

(90,000

)

(98,000

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(1,227

)

5,273

R L Hood

Balance outstanding at start of year

5,273

9,551

Amounts advanced

83,500

93,722

Amounts repaid

(90,000

)

(98,000

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(1,227

)

5,273