REGISTERED NUMBER: 00902172 (England and Wales)

Unaudited Financial Statements for the Year Ended 31st March 2025

for

Charles Hyde & Son Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

J L Hyde

Mrs L Holbrough

REGISTERED OFFICE:

Office F1 Beverley Enterprise

Beck View Road

Beverley

East Yorkshire

HU17 0JT

REGISTERED NUMBER:

00902172 (England and Wales)

ACCOUNTANTS:

Dymond Accountants

Office F1,

Beverley Enterprise Centre

Beck View Road

Beverley

East Yorkshire

HU17 0JT

FIXED ASSETS

Tangible assets

4

441,643

423,006

CURRENT ASSETS

Debtors

5

40,619

30,500

Cash at bank

275,314

293,843

315,933

324,343

CREDITORS

Amounts falling due within one year

6

32,122

24,639

NET CURRENT ASSETS

283,811

299,704

TOTAL ASSETS LESS CURRENT LIABILITIES

725,454

722,710

CAPITAL AND RESERVES

Called up share capital

30,968

30,968

Capital redemption reserve

19,432

19,432

Retained earnings

675,054

672,310

725,454

722,710

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 26th November 2025 and were signed on its behalf by:

Mrs L Holbrough - Director

1.	STATUTORY INFORMATION

Charles Hyde & Son 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.

Tangible fixed assets

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

Motor vehicles

-

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 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Freehold

Plant and

Motor

property

machinery

vehicles

Totals

£

£

£

£

COST

At 1st April 2024

690,892

316,576

26,783

1,034,251

Additions

-

-

36,147

36,147

Disposals

-

-

(26,783

)

(26,783

)

At 31st March 2025

690,892

316,576

36,147

1,043,615

DEPRECIATION

At 1st April 2024

276,359

316,576

18,310

611,245

Charge for year

-

-

9,037

9,037

Eliminated on disposal

-

-

(18,310

)

(18,310

)

At 31st March 2025

276,359

316,576

9,037

601,972

NET BOOK VALUE

At 31st March 2025

414,533

-

27,110

441,643

At 31st March 2024

414,533

-

8,473

423,006

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Other debtors

40,619

30,500

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Taxation and social security

21,976

17,248

Other creditors

10,146

7,391

32,122

24,639