Hanford Contracts Ltd - Filleted accounts

Registered number

13143810

Hanford Contracts Ltd

Unaudited Filleted Accounts

31 January 2025

Hanford Contracts Ltd
Registered number:		13143810
Balance Sheet
as at 31 January 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		36,078			29,224

Current assets
Debtors	4	156,288			125,703
Cash at bank and in hand		181,509			139,514
		337,797			265,217

Creditors: amounts falling due within one year	5	(75,847)			(96,947)

Net current assets			261,950			168,270

Net assets			298,028			197,494

Capital and reserves
Called up share capital			2			2
Profit and loss account			298,026			197,492

Shareholders' funds			298,028			197,494

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Marc Walsh
Director
Approved by the board on 29 September 2025

Hanford Contracts Ltd
Notes to the Accounts
for the year ended 31 January 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	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 from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. 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.







2	Employees			2025		2024
Number					Number

	Average number of persons employed by the company			2		2


3	Tangible fixed assets
		Plant and machinery etc		Motor vehicles		Total
£			£		£
	Cost
	At 1 February 2024	4,800		39,545		44,345
	Additions	-		16,000		16,000
	At 31 January 2025	4,800		55,545		60,345

	Depreciation
	At 1 February 2024	2,775		12,346		15,121
	Charge for the year	506		8,640		9,146
	At 31 January 2025	3,281		20,986		24,267

	Net book value
	At 31 January 2025	1,519		34,559		36,078
	At 31 January 2024	2,025		27,199		29,224


4	Debtors			2025		2024
£					£

	Trade debtors			70,418		65,748
	VAT			1,525		5,667
	Other debtors			84,345		54,288
				156,288		125,703


5	Creditors: amounts falling due within one year			2025		2024
£					£

	Obligations under finance lease and hire purchase contracts			11,018		18,148
	Trade creditors			-		4,919
	Directors loan account			9,114		9,308
	Taxation and social security costs			55,715		39,572
	Other creditors			-		25,000
				75,847		96,947







6	Other information

	Hanford Contracts Ltd is a private company limited by shares and incorporated in England. Its registered office is:
	Beaufort House
	113 Parson Street
	Bristol
	BS3 5QH