IRIS Accounts Production v25.3.0.601 00601881 Board of Directors 29.1.24 28.1.25 28.1.25 false true false false true false iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 00601881 2024-01-28 00601881 2025-01-28 00601881 2024-01-29 2025-01-28 00601881 2023-01-29 00601881 2023-01-30 2024-01-28 00601881 2024-01-28 00601881 ns15:EnglandWales 2024-01-29 2025-01-28 00601881 ns14:PoundSterling 2024-01-29 2025-01-28 00601881 ns10:Director1 2024-01-29 2025-01-28 00601881 ns10:PrivateLimitedCompanyLtd 2024-01-29 2025-01-28 00601881 ns10:SmallEntities 2024-01-29 2025-01-28 00601881 ns10:AuditExempt-NoAccountantsReport 2024-01-29 2025-01-28 00601881 ns10:SmallCompaniesRegimeForDirectorsReport 2024-01-29 2025-01-28 00601881 ns10:SmallCompaniesRegimeForAccounts 2024-01-29 2025-01-28 00601881 ns10:AbridgedAccounts 2024-01-29 2025-01-28 00601881 ns10:Director2 2024-01-29 2025-01-28 00601881 ns10:CompanySecretary1 2024-01-29 2025-01-28 00601881 ns10:RegisteredOffice 2024-01-29 2025-01-28 00601881 ns5:CurrentFinancialInstruments 2025-01-28 00601881 ns5:CurrentFinancialInstruments 2024-01-28 00601881 ns5:Non-currentFinancialInstruments 2025-01-28 00601881 ns5:Non-currentFinancialInstruments 2024-01-28 00601881 ns5:ShareCapital 2025-01-28 00601881 ns5:ShareCapital 2024-01-28 00601881 ns5:RetainedEarningsAccumulatedLosses 2025-01-28 00601881 ns5:RetainedEarningsAccumulatedLosses 2024-01-28 00601881 ns5:OwnedOrFreeholdAssets ns5:LandBuildings 2024-01-29 2025-01-28 00601881 ns5:PlantMachinery 2024-01-29 2025-01-28 00601881 ns5:FurnitureFittings 2024-01-29 2025-01-28 00601881 ns5:MotorVehicles 2024-01-29 2025-01-28 00601881 ns5:ComputerEquipment 2024-01-29 2025-01-28 00601881 ns5:AfterOneYear ns5:Non-currentFinancialInstruments 2025-01-28 00601881 ns5:AfterOneYear ns5:Non-currentFinancialInstruments 2024-01-28

REGISTERED NUMBER: 00601881 (England and Wales)

H. H. ADKINS (CONTRACTORS) LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 JANUARY 2025

H. H. ADKINS (CONTRACTORS) LIMITED (REGISTERED NUMBER: 00601881) |

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 JANUARY 2025

Page |

| Company Information | 1 |

| Abridged Balance Sheet | 2 |

| Notes to the Financial Statements | 4 |

| H. H. ADKINS (CONTRACTORS) LIMITED |

COMPANY INFORMATION

FOR THE YEAR ENDED 28 JANUARY 2025

| DIRECTORS: | C R Pape

| Mrs J Pape

| SECRETARY: | Mrs J Pape

| REGISTERED OFFICE: | Wyberton West Road

| Boston

| Lincolnshire

| PE21 7JU

| REGISTERED NUMBER: | 00601881 (England and Wales)

| ACCOUNTANTS: | Dexter & Sharpe

| Chartered Certified Accountants

| The Old Vicarage

| Church Close

| Boston

| Lincolnshire

| PE21 6NA

H. H. ADKINS (CONTRACTORS) LIMITED (REGISTERED NUMBER: 00601881) |

ABRIDGED BALANCE SHEET

28 JANUARY 2025

| 2025 | 2024 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 3 | 377,055 |  | 345,648 |  |

CURRENT ASSETS

Stocks | 53,010 |  | 33,468 |  |

Debtors | 4 | 5,314,595 |  | 5,256,799 |  |

Cash at bank and in hand | 1,067,993 |  | 1,657,588 |  |

6,435,598 |  | 6,947,855 |  |

CREDITORS

Amounts falling due within one year | 760,979 |  | 722,037 |  |

NET CURRENT ASSETS | 5,674,619 |  | 6,225,818 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 6,051,674 |  | 6,571,466 |  |

CREDITORS

Amounts falling due after more than one year | (1,247 | ) | (2,743 | ) |

PROVISIONS FOR LIABILITIES | - |  | (5,940 | ) |

NET ASSETS | 6,050,427 |  | 6,562,783 |  |

CAPITAL AND RESERVES

Called up share capital | 17,427 |  | 17,427 |  |

Retained earnings | 6,033,000 |  | 6,545,356 |  |

SHAREHOLDERS' FUNDS | 6,050,427 |  | 6,562,783 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 January 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 January 2025 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.

H. H. ADKINS (CONTRACTORS) LIMITED (REGISTERED NUMBER: 00601881) |

ABRIDGED BALANCE SHEET - continued

28 JANUARY 2025

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 28 January 2025 in accordance with Section 444(2A) of the Companies Act 2006.

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 28 October 2025 and were signed on its behalf by:

C R Pape - Director

H. H. ADKINS (CONTRACTORS) LIMITED (REGISTERED NUMBER: 00601881) |

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 JANUARY 2025

1. | 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.

| Significant judgements and estimates

| Estimates and judgements are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

| 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 or, if held under a finance lease, over the lease term, whichever is the shorter.

| Freehold property | - | 4% on cost

| Plant and machinery | - | 12.5% on reducing balance

| Office equipment | - | 12.5% on reducing balance

| Motor vehicles | - | 25% on reducing balance

| Computer software | - | Straight line over 3 years

| 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 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.

H. H. ADKINS (CONTRACTORS) LIMITED (REGISTERED NUMBER: 00601881) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 28 JANUARY 2025

1. | ACCOUNTING POLICIES - continued

| 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.

| 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.

| Construction contracts

| Revenue and costs are recognised by reference to the stage of completion of the contract activity at the balance sheet date. The estimate of the contract revenue earned at the balance sheet date is based on applying the expected profit margin on the contract to the costs incurred to date. The estimate is significant to the financial statements and is based on the directors detailed knowledge of each contract.

| Losses on contracts are recognised in full when identified.

| Work in progress is classified in current debtors as amounts recoverable on contracts. Contract costs include costs directly related to the contracts plus overheads which are allocated to the contract in proportion to the direct costs.

2. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 44 (2024 - 45 ) .

3. | TANGIBLE FIXED ASSETS

| Totals

£ |

| COST

| At 29 January 2024 | 1,199,109 |  |

| Additions | 101,026 |  |

| At 28 January 2025 | 1,300,135 |  |

| DEPRECIATION

| At 29 January 2024 | 853,461 |  |

| Charge for year | 69,619 |  |

| At 28 January 2025 | 923,080 |  |

| NET BOOK VALUE

| At 28 January 2025 | 377,055 |  |

| At 28 January 2024 | 345,648 |  |

H. H. ADKINS (CONTRACTORS) LIMITED (REGISTERED NUMBER: 00601881) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 28 JANUARY 2025

3. | TANGIBLE FIXED ASSETS - continued

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

| Totals

£ |

| COST

| At 29 January 2024

| and 28 January 2025 | 41,184 |  |

| DEPRECIATION

| At 29 January 2024 | 4,296 |  |

| Charge for year | 9,222 |  |

| At 28 January 2025 | 13,518 |  |

| NET BOOK VALUE

| At 28 January 2025 | 27,666 |  |

| At 28 January 2024 | 36,888 |  |

4. | DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

2025 | 2024 |

£ | £ |

| Trade debtors | 591,461 |  | 925,280 |  |

| Amounts recoverable on contract | 253,622 |  | 253,622 |  |

845,083 |  | 1,178,902 |  |

5. | ULTIMATE CONTROLLING PARTY

| The controlling party is Mr C R Pape by virtue of him owning 99.99% of the share capital.