REGISTERED NUMBER: 03253384 (England and Wales)

Hodgson Developments Limited

Unaudited Financial Statements for the Year Ended 31 March 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

A Hodgson

C L Hodgson

SECRETARY:

C L Hodgson

REGISTERED OFFICE:

rear of 21/23 Newland Avenue

Hull

East Yorkshire

HU5 3AG

REGISTERED NUMBER:

03253384 (England and Wales)

ACCOUNTANTS:

Smailes Goldie

Chartered Accountants

Regent's Court

Princess Street

Hull

East Yorkshire HU2 8BA

CURRENT ASSETS

Stocks

631,210

1,127,739

Debtors

5

25,476

1,803

Cash at bank

509,648

8,085

1,166,334

1,137,627

CREDITORS

Amounts falling due within one year

6

347,157

446,650

NET CURRENT ASSETS

819,177

690,977

TOTAL ASSETS LESS CURRENT LIABILITIES

819,177

690,977

CREDITORS

Amounts falling due after more than one year

7

370,000

270,000

NET ASSETS

449,177

420,977

CAPITAL AND RESERVES

Called up share capital

9

1,126

1,126

Share premium

19,775

19,775

Retained earnings

428,276

400,076

SHAREHOLDERS' FUNDS

449,177

420,977

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 10 November 2025 and were signed on its behalf by:

C L Hodgson - Director

1.	STATUTORY INFORMATION

Hodgson Developments 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.

The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented unless otherwise stated.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Property sales are recognised on unconditional sale of contracts.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

5 years

Stocks

Work in progress relates to property development and is valued at the lower of cost and net realisable value.

Cost includes all land and building purchase costs, associate legal costs, direct development expenditure and an appropriate proportion of fixed and variable overheads.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

fittings

£

COST

At 1 April 2024

and 31 March 2025

16,094

DEPRECIATION

At 1 April 2024

and 31 March 2025

16,094

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

-

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

-

219

Other debtors

25,476

1,584

25,476

1,803

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

3,706

6,029

Taxation and social security

9,639

12,423

Other creditors

333,812

428,198

347,157

446,650

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

370,000

270,000

8.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank loans

370,000

270,000

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

563

Ordinary 'A'

£1

563

563

563

Ordinary 'B'

£1

563

563

1,126

1,126

10.	RELATED PARTY DISCLOSURES

At 31 March 2025 the following balances were due from/(to)related parties.

2025

2024

£

£

Amounts due to related parties

309,612

313,097

Amounts due from related parties

25,476

-

11.	CONTROL RELATIONSHIPS

No one party controls the company by virtue of the fact that each shareholder has a beneficial interest in 50% of the issued share capital of the company.