H.C. Ceilings And Dry Linings Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 04436448 (England and Wales)

H.C. CEILINGS AND DRY LININGS LTD

Unaudited Financial Statements for the Year Ended 31 March 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr S P Fowler

SECRETARY:

Miss K Archer

REGISTERED OFFICE:

Steward Street Business Lofts

69 Steward Street

Birmingham

B18 7AF

REGISTERED NUMBER:

04436448 (England and Wales)

ACCOUNTANTS:

Michael Dufty Partnership Limited

59-61 Charlotte Street

St Pauls Square

Birmingham

West Midlands

B3 1PX

FIXED ASSETS

Intangible assets

4

-

Tangible assets

5

52,940

70,124

52,940

70,124

CURRENT ASSETS

Debtors

6

444,508

290,375

Cash at bank and in hand

204,618

264,787

649,126

555,162

CREDITORS

Amounts falling due within one year

7

368,954

286,814

NET CURRENT ASSETS

280,172

268,348

TOTAL ASSETS LESS CURRENT
LIABILITIES

333,112

338,472

PROVISIONS FOR LIABILITIES

13,235

17,531

NET ASSETS

319,877

320,941

CAPITAL AND RESERVES

Called up share capital

2

Retained earnings

319,875

320,939

319,877

320,941

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 director acknowledges his 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 director and authorised for issue on 8 September 2025 and were signed by:

Mr S P Fowler - Director

1.	STATUTORY INFORMATION

H.C. Ceilings And Dry Linings Ltd 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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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

-

15% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 3 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

5,000

AMORTISATION

At 1 April 2024

and 31 March 2025

5,000

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

-

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

COST

At 1 April 2024

and 31 March 2025

6,349

7,440

126,679

3,998

144,466

DEPRECIATION

At 1 April 2024

4,668

5,656

61,413

2,605

74,342

Charge for year

252

267

16,316

349

17,184

At 31 March 2025

4,920

5,923

77,729

2,954

91,526

NET BOOK VALUE

At 31 March 2025

1,429

1,517

48,950

1,044

52,940

At 31 March 2024

1,681

1,784

65,266

1,393

70,124

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Trade debtors

177,141

251,926

Amounts owed by group undertakings

236,896

-

Other debtors

1,800

Prepayments and accrued income

28,671

36,649

444,508

290,375

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Trade creditors

218,085

98,204

Tax

62,058

58,742

Social security and other taxes

15,868

9,874

VAT

48,037

31,471

Pension control

73

Directors' current accounts

-

63,617

Accrued expenses

24,833

368,954

286,814

8.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2025

2024

£

Within one year

8,769

-

Between one and five years

13,153

-

21,922

-

9.	RELATED PARTY DISCLOSURES

At the balance sheet an amount of £193,244 (2024: Nil) was owed by HCCD (Holdings) Limited, This company is the parent company of H.C. Ceilings And Dry Linings Ltd and is under common control of the Directors of H.C. Ceilings And Dry Linings Ltd.