Company No: 04367174 (England and Wales)

Contents

• Company Information
• Balance Sheet
• Notes to the Financial Statements

DIRECTOR

Harvey Giles Frost

SECRETARY

Samantha Jane Jackson

REGISTERED OFFICE	Unit 3 Larkspool Farm Mill Road
	Hengrave
	Bury St. Edmunds
	IP28 6LR
	United Kingdom

COMPANY NUMBER

04367174 (England and Wales)

CHARTERED ACCOUNTANTS	Gascoynes
	Gascoyne House
	Moseleys Farm Business Centre
	Fornham All Saints
	Bury St Edmunds
	Suffolk
	IP28 6JY

	Note	2025		2024
		£		£
Fixed assets
Tangible assets	3	104,346		106,559
		104,346		106,559
Current assets
Stocks		316,943		461,696
Debtors	4	335,696		405,419
Cash at bank and in hand		897,284		679,458
		1,549,923		1,546,573
Creditors: amounts falling due within one year	5	( 454,774)		( 417,521)
Net current assets		1,095,149		1,129,052
Total assets less current liabilities		1,199,495		1,235,611
Net assets		1,199,495		1,235,611
Capital and reserves
Called-up share capital	6	100		100
Profit and loss account		1,199,395		1,235,511
Total shareholder's funds		1,199,495		1,235,611

For the financial year ending 31 March 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

• The member has not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Statement of Income and Retained Earnings has not been delivered.

The financial statements of H.G. Frost Building Contractors Limited (registered number: 04367174) were approved and authorised for issue by the Director on 27 November 2025. They were signed on its behalf by:

Harvey Giles Frost Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

H.G. Frost Building Contractors Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Unit 3 Larkspool Farm Mill Road, Hengrave, Bury St. Edmunds, IP28 6LR, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The director has assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The director has a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Plant and machinery	25 % reducing balance
Vehicles	25 % reducing balance
Office equipment	25 % reducing balance

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Statement of Income and Retained Earnings as described below.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to sell, which is equivalent to the net realisable value. Cost includes materials, direct labour and an attributable proportion of manufacturing overheads based on normal levels of activity. Cost is calculated using the FIFO (first-in, first-out) method. Provision is made for obsolete, slow-moving or defective items where appropriate.

At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.

Provisions

Provisions are recognised when the Company has a present obligation (legal or constructive) as a result of a past event, it is probable that the Company will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.

The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the Balance Sheet date, taking into account the risks and uncertainties surrounding the obligation. Where a provision is measured using the cash flows estimated to settle the present obligation, its carrying amount is the present value of those cash flows (when the effect of the time value of money is material).

When some or all of the economic benefits required to settle a provision are expected to be recovered from a third party, a receivable is recognised as an asset if it is virtually certain that reimbursement will be received and the amount of the receivable can be measured reliably.

2. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including the director	33		38

3. Tangible assets

	Plant and machinery		Vehicles		Office equipment		Total
	£		£		£		£
Cost
At 01 April 2024	98,645		306,610		14,982		420,237
Additions	0		32,764		1,787		34,551
Disposals	0		( 23,526)		( 3,217)		( 26,743)
At 31 March 2025	98,645		315,848		13,552		428,045
Accumulated depreciation
At 01 April 2024	69,120		234,921		9,637		313,678
Charge for the financial year	7,381		25,871		2,539		35,791
Disposals	0		( 22,553)		( 3,217)		( 25,770)
At 31 March 2025	76,501		238,239		8,959		323,699
Net book value
At 31 March 2025	22,144		77,609		4,593		104,346
At 31 March 2024	29,525		71,689		5,345		106,559

4. Debtors

	2025		2024
	£		£
Trade debtors	292,442		285,461
Corporation tax	13,654		13,917
Other debtors	29,600		106,041
	335,696		405,419

5. Creditors: amounts falling due within one year

	2025		2024
	£		£
Trade creditors	119,575		129,719
Taxation and social security	255,199		158,744
Obligations under finance leases and hire purchase contracts	0		6,461
Other creditors	80,000		122,597
	454,774		417,521

6. Called-up share capital

	2025		2024
	£		£
Allotted, called-up and fully-paid
100 A ordinary shares of £ 1.00 each	100		100

7. Related party transactions

Transactions with the entity's director

Other related party transactions

During the year, monies were loaned by family members of Mr H G Frost, the director and shareholder, to H.G. Frost Building Contractors Limited. At the year end the balance totalled £8,650 (2024 - £37,641).

Interest at a rate of 6% per annum was charged on these loans totalling £1,528 (2024 - £2,136) had been added to the loan balances.