HICKS CONSTRUCTION LTD


Directors	HICKS, Hollie Louise
	HICKS, Jamie Paul


Registered Address	23 Horsewhim Drive
	Kelly Bray
	Callington
	PL17 8GL


Registered Number	09760098 (England and Wales)

Balance Sheet as at
30 September 2024

	Notes	2024		2023
		£	£	£	£
Fixed assets
Tangible assets	3		27,017		224
			27,017		224
Current assets
Debtors		130,395		745,693
Cash at bank and on hand		89,407		92,552
		219,802		838,245
Creditors amounts falling due within one year	4	(155,785)		(492,368)
Net current assets (liabilities)			64,017		345,877
Total assets less current liabilities			91,034		346,101
Creditors amounts falling due after one year	5		(7,505)		(26,285)
Provisions for liabilities	6		(2,038)		(2,038)
Net assets			81,491		317,778
Capital and reserves
Called up share capital			100		100
Profit and loss account			81,391		317,678
Shareholders' funds			81,491		317,778

The company was entitled to exemption from audit for this reporting period under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The Directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

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

HICKS, Jamie Paul
Director
Registered Company No. 09760098

HICKS CONSTRUCTION LTD

Notes to the Financial Statements
for the year ended 30 September 2024

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	Revenue from sale of goods
	Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.

Revenue from sale of goods

Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.

	Deferred tax
	Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

Deferred tax

Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Tangible fixed assets and depreciation
	All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

Tangible fixed assets and depreciation

All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:


	Reducing balance (%)	Straight line (years)
Plant and machinery	25	-
Vehicles	-	3
Office Equipment	-	3

2.	Average number of employees


		2024		2023
	Average number of employees during the year	3		5

3.	Tangible fixed assets

	Plant & machinery	Vehicles	Office Equipment	Total
	£	£	£	£
Cost or valuation
At 01 October 23	3,061	25,945	3,849	32,855
Additions	458	37,972	1,786	40,216
Disposals	-	(24,245)	-	(24,245)
At 30 September 24	3,519	39,672	5,635	48,826
Depreciation and impairment
At 01 October 23	2,837	25,945	3,849	32,631
Charge for year	170	12,657	596	13,423
On disposals	-	(24,245)	-	(24,245)
At 30 September 24	3,007	14,357	4,445	21,809
Net book value
At 30 September 24	512	25,315	1,190	27,017
At 30 September 23	224	-	-	224

4.	Creditors: amounts due within one year

	2024	2023
	£	£
Trade creditors / trade payables	17,577	2,320
Bank borrowings and overdrafts	10,000	-
Taxation and social security	125,829	477,956
Other creditors	2,379	12,092
Total	155,785	492,368

5.	Creditors: amounts due after one year

	2024	2023
	£	£
Bank borrowings and overdrafts	7,505	26,285
Total	7,505	26,285

6.	Provisions for liabilities

	2024	2023
	£	£
Net deferred tax liability (asset)	2,038	2,038
Total	2,038	2,038