Hystar Construction Limited - Accounts to registrar (filleted)

Unaudited Financial Statements

for the Year Ended 29 June 2025

for

Hystar Construction Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

T S Hyde

S A Hyde

A M Hyde

REGISTERED OFFICE:

8-10 South Street

Epsom

Surrey

KT18 7PF

REGISTERED NUMBER:

01304262 (England and Wales)

ACCOUNTANTS:

Williams & Co Epsom LLP

Chartered Accountants

8-10 South Street

Epsom

Surrey

KT18 7PF

FIXED ASSETS

Tangible assets

4

164,998

31,670

CURRENT ASSETS

Stocks

5

380,465

77,377

Debtors

6

331,388

1,036,159

Cash at bank and in hand

420,478

110,743

1,132,331

1,224,279

CREDITORS

Amounts falling due within one year

7

697,983

659,909

NET CURRENT ASSETS

434,348

564,370

TOTAL ASSETS LESS CURRENT
LIABILITIES

599,346

596,040

CREDITORS

Amounts falling due after more than one year

8

(131,443

)

-

PROVISIONS FOR LIABILITIES

(5,192

)

(7,917

)

NET ASSETS

462,711

588,123

CAPITAL AND RESERVES

Called up share capital

9

5,004

Share premium

10,000

Retained earnings

447,707

573,119

SHAREHOLDERS' FUNDS

462,711

588,123

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 June 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 9 December 2025 and were signed on its behalf by:

T S Hyde - Director

1.	STATUTORY INFORMATION

Hystar 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

-

Straight line over 10 years

Motor vehicles

-

33% on reducing balance

Computer equipment

-

Straight line over 3 years

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

COST

At 30 June 2024

51,667

74,343

4,464

130,474

Additions

-

192,308

-

192,308

At 29 June 2025

51,667

266,651

4,464

322,782

DEPRECIATION

At 30 June 2024

48,019

46,792

3,993

98,804

Charge for year

1,378

57,261

341

58,980

At 29 June 2025

49,397

104,053

4,334

157,784

NET BOOK VALUE

At 29 June 2025

2,270

162,598

130

164,998

At 29 June 2024

3,648

27,551

471

31,670

5.

STOCKS

2025

2024

£

Work-in-progress

380,465

77,377

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Trade debtors

56,217

980,279

Amounts owed by group undertakings

116,976

18,841

Other debtors

109,091

30,289

VAT

44,458

-

Prepayments and accrued income

4,646

6,750

331,388

1,036,159

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Hire purchase contracts

11,979

-

Trade creditors

634,991

243,624

Amounts owed to group undertakings

-

205,750

Tax

13,759

18,834

Social security and other taxes

13,302

16,783

VAT

-

85,146

Other creditors

13,922

62,054

Directors' current accounts

1,030

18,718

Accruals and deferred income

9,000

697,983

659,909

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

Hire purchase contracts

131,443

-

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

5,000

Ordinary Class A

1

5,000

4

Ordinary Class B

1

4

5,004

10.	RELATED PARTY DISCLOSURES

Included in debtors is a balance of £116,976 (2024: £18,841) owing to Hystar Investments Limited, a company in which SA Hyde, TS Hyde and AM Hyde are directors and shareholders.

Included in creditors is a balance of £Nil (2024: £205,750) owing from TA & Co Developments Ltd, accompany in which TS Hyde and AM Hyde are directors and shareholders.

11.	ULTIMATE CONTROLLING PARTY

The company is under the control of the board of directors.