REGISTERED NUMBER: 05763771 (England and Wales)

Unaudited Financial Statements

for the Period 1 April 2024 to 30 June 2025

for

H P Construction Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr D A Hutchison

Mr R W Powell

Mrs J Hutchison

Mrs S Powell

SECRETARIES:

Mrs J Hutchison

Mrs S Powell

REGISTERED OFFICE:

Unit 9, Hydra Business Park

Nether Lane

Ecclesfield

Sheffield

S35 9ZX

REGISTERED NUMBER:

05763771 (England and Wales)

ACCOUNTANTS:

SMH BullockWoodburn

Norfolk House

Hardwick Square North

Buxton

SK17 6PU

FIXED ASSETS

Tangible assets

4

8,024

179,392

CURRENT ASSETS

Debtors

5

1,228,588

1,517,979

Investments

6

555,461

533,020

Cash at bank

4,687,575

5,283,115

6,471,624

7,334,114

CREDITORS

Amounts falling due within one year

7

1,901,272

3,187,243

NET CURRENT ASSETS

4,570,352

4,146,871

TOTAL ASSETS LESS CURRENT LIABILITIES

4,578,376

4,326,263

CREDITORS

Amounts falling due after more than one year

8

-

(244,522

)

PROVISIONS FOR LIABILITIES

(2,006

)

(44,848

)

NET ASSETS

4,576,370

4,036,893

CAPITAL AND RESERVES

Called up share capital

9,000

9,000

Retained earnings

4,567,370

4,027,893

SHAREHOLDERS' FUNDS

4,576,370

4,036,893

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 June 2025.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 June 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.

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 Board of Directors and authorised for issue on 20 August 2025 and were signed on its behalf by:

Mr D A Hutchison - Director

1.	STATUTORY INFORMATION

H P Construction Limited 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.

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.

Plant and machinery etc

-

33% on cost

Taxation

Taxation for the period 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 period 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

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

Where the outcome of a construction contract can be estimated reliably, revenue and costs are recognised by reference to the stage of completion of the contract activity at the reporting end date. Variations in contract work, claims and incentive payments are included to the extent that the amount can be measured reliably and its receipt is considered probable.

When it is probable that total contract costs will exceed total contract turnover, the expected loss is recognised as an expense immediately.

Where the outcome of a construction contract cannot be estimated reliably, contract revenue is recognised to the extent of contract costs incurred where it is probable that they will be recoverable. Contract costs are recognised as expenses in the period in which they are incurred. When costs incurred in securing a contract are recognised as an expense in the period in which they are incurred, they are not included in contract costs if the contract is obtained in a subsequent period.

The "percentage of completion method" is used to determine the appropriate amount to recognise in a given period. The stage of completion is measured by the proportion of contract costs incurred for work performed to date compared to the estimated total contract costs. Costs incurred in the year in connection with future activity on a contract are excluded from contract costs in determining the stage of completion. These costs are presented as stocks, prepayments or other assets depending on their nature, and provided it is probable they will be recovered.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 9 (2024 - 9 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

343,003

Additions

4,445

Disposals

(232,808

)

At 30 June 2025

114,640

DEPRECIATION

At 1 April 2024

163,611

Charge for period

99,182

Eliminated on disposal

(156,177

)

At 30 June 2025

106,616

NET BOOK VALUE

At 30 June 2025

8,024

At 31 March 2024

179,392

5.

DEBTORS

2025

2024

£

£

Amounts falling due within one year:

Trade debtors

1,202,655

1,180,299

Amounts recoverable on contract

-

11,190

Other debtors

25,933

81,968

1,228,588

1,273,457

Amounts falling due after more than one year:

Trade debtors

-

244,522

Aggregate amounts

1,228,588

1,517,979

6.	CURRENT ASSET INVESTMENTS

2025

2024

£

£

Listed investments

555,461

533,020

Included in the year are profits of £3,160 (2024: £26,226) for the revaluation of the investments.

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

48,699

106,865

Taxation and social security

370,766

122,057

Other creditors

1,481,807

2,958,321

1,901,272

3,187,243

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Other creditors

-

244,522

9.	ULTIMATE CONTROLLING PARTY

The controlling party is the directors by virtue of their shareholdings.

There is no ultimate controlling party.