REGISTERED NUMBER: 07864814 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 DECEMBER 2024

FOR

D. HAZELL SURFACING AND CONSTRUCTION LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

D J Hazell

SECRETARY:

Mrs K L Hazell

REGISTERED OFFICE:

Elm Cottage

Hartslock Bridleway

Whitchurch Hill

Reading

Berkshire

RG8 7QX

REGISTERED NUMBER:

07864814 (England and Wales)

ACCOUNTANTS:

Holloway Cook Limited

Epping House

55 Russell Street

Reading

Berkshire

RG1 7XG

FIXED ASSETS

Tangible assets

4

515,333

533,515

CURRENT ASSETS

Debtors

5

153,458

145,693

Cash at bank

239,528

191,524

392,986

337,217

CREDITORS

Amounts falling due within one year

6

168,492

103,102

NET CURRENT ASSETS

224,494

234,115

TOTAL ASSETS LESS CURRENT LIABILITIES

739,827

767,630

CREDITORS

Amounts falling due after more than one year

7

(71,189

)

(41,250

)

PROVISIONS FOR LIABILITIES

(97,549

)

(100,883

)

NET ASSETS

571,089

625,497

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

570,989

625,397

SHAREHOLDERS' FUNDS

571,089

625,497

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 December 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 30 May 2025 and were signed by:

D J Hazell - Director

1.	STATUTORY INFORMATION

D. Hazell Surfacing and Construction 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.

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.

Revenue/turnover

Revenue - described as turnover - is the value of work done (net of VAT) provided to customers during the period.

Revenue is recognised on the provision of work done on a percentage degree of completion basis calculated by reference to the costs expended compared to the total anticipated costs.

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

-

25% on reducing balance and 10% on reducing balance

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 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 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

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.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

Plant and

and

property

machinery

fittings

£

£

£

COST

At 31 December 2023

3,400

923,450

45,196

Additions

-

97,586

-

At 30 December 2024

3,400

1,021,036

45,196

DEPRECIATION

At 31 December 2023

850

710,744

20,970

Charge for year

638

63,581

4,458

At 30 December 2024

1,488

774,325

25,428

NET BOOK VALUE

At 30 December 2024

1,912

246,711

19,768

At 30 December 2023

2,550

212,706

24,226

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 31 December 2023

878,486

3,345

1,853,877

Additions

27,485

474

125,545

At 30 December 2024

905,971

3,819

1,979,422

DEPRECIATION

At 31 December 2023

585,387

2,411

1,320,362

Charge for year

74,709

341

143,727

At 30 December 2024

660,096

2,752

1,464,089

NET BOOK VALUE

At 30 December 2024

245,875

1,067

515,333

At 30 December 2023

293,099

934

533,515

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

Plant and

Motor

machinery

vehicles

Totals

£

£

£

COST

At 31 December 2023

55,000

496,202

551,202

Additions

65,050

27,485

92,535

Reclassification/transfer

-

(222,140

)

(222,140

)

At 30 December 2024

120,050

301,547

421,597

DEPRECIATION

At 31 December 2023

14,905

307,431

322,336

Charge for year

20,272

31,326

51,598

Reclassification/transfer

-

(158,674

)

(158,674

)

At 30 December 2024

35,177

180,083

215,260

NET BOOK VALUE

At 30 December 2024

84,873

121,464

206,337

At 30 December 2023

40,095

188,771

228,866

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

149,914

123,332

Other debtors

3,544

22,361

153,458

145,693

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Hire purchase contracts

49,220

29,260

Trade creditors

87,113

56,629

Taxation and social security

6,469

11,549

Other creditors

25,690

5,664

168,492

103,102

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Hire purchase contracts

71,189

41,250

8.	SECURED DEBTS

The following secured debts are included within creditors:

2024

2023

£

£

Hire purchase contracts

120,409

70,510

Hire purchase liabilities are secured on specific fixed assets.