REPORT OF THE DIRECTORS AND

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

STEVEN HARDWICK ASSOCIATES LIMITED

Page

Company Information

1

Report of the Directors

2

Balance Sheet

3

Notes to the Financial Statements

4

Chartered Certified Accountant's Report

8

DIRECTORS:

S Hardwick

P Hardwick

SECRETARY:

S Hardwick

REGISTERED OFFICE:

Unit 5 Deepdale Close

Hartington Industrial Estate

Staveley

Chesterfield

Derbyshire

S43 3YF

REGISTERED NUMBER:

02355750 (England and Wales)

ACCOUNTANT:

Hewitt Card Limited

Chartered Certified Accountants

70-72 Nottingham Road

Mansfield

Nottinghamshire

NG18 1BN

The directors present their report with the financial statements of the company for the year ended 31 March 2025.

PRINCIPAL ACTIVITY

The principal activity of the company in the year under review was that of mechanical erection and engineering services.

DIRECTORS

The directors shown below have held office during the whole of the period from 1 April 2024 to the date of this report.

S Hardwick

P Hardwick

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:

P Hardwick - Director

19 December 2025

FIXED ASSETS

Tangible assets

4

297,211

315,858

Investments

5

159,081

159,081

456,292

474,939

CURRENT ASSETS

Stocks

995

8,595

Debtors

6

980,885

590,069

Cash at bank

-

7,378

981,880

606,042

CREDITORS

Amounts falling due within one year

7

363,866

206,033

NET CURRENT ASSETS

618,014

400,009

TOTAL ASSETS LESS CURRENT LIABILITIES

1,074,306

874,948

CREDITORS

Amounts falling due after more than one year

8

(101,456

)

(147,850

)

PROVISIONS FOR LIABILITIES

(13,402

)

(13,136

)

NET ASSETS

959,448

713,962

CAPITAL AND RESERVES

Called up share capital

9

100

100

Retained earnings

959,348

713,862

SHAREHOLDERS' FUNDS

959,448

713,962

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 19 December 2025 and were signed on its behalf by:

P Hardwick - Director

1.	STATUTORY INFORMATION

Steven Hardwick Associates 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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 represents net invoiced sales of goods, excluding value added tax, plus amounts recognised where the company is entitled to consideration.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Land and buildings

-

2% on cost

Plant and machinery etc

-

25% on reducing balance, 20% on reducing balance and 10% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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.

Deferred taxation

Provision is made at current rates for taxation deferred in respect of all material timing differences.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 12 (2024 - 11 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 April 2024

180,926

514,753

695,679

Additions

-

949

949

Disposals

-

(1,195

)

(1,195

)

At 31 March 2025

180,926

514,507

695,433

DEPRECIATION

At 1 April 2024

89,204

290,617

379,821

Charge for year

3,119

15,805

18,924

Eliminated on disposal

-

(523

)

(523

)

At 31 March 2025

92,323

305,899

398,222

NET BOOK VALUE

At 31 March 2025

88,603

208,608

297,211

At 31 March 2024

91,722

224,136

315,858

Included in cost of land and buildings is freehold land of £ 25,000 (2024 - £ 25,000 ) which is not depreciated.

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

machinery

etc

£

COST

At 1 April 2024

and 31 March 2025

33,772

DEPRECIATION

At 1 April 2024

8,443

Charge for year

6,332

At 31 March 2025

14,775

NET BOOK VALUE

At 31 March 2025

18,997

At 31 March 2024

25,329

5.	FIXED ASSET INVESTMENTS

The fixed asset investment relates to the purchase of The Stables, Froggatt Edge.

In the opinion of the directors, the value of this property is not different to the cost shown.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

442,126

82,122

Directors' current accounts

408,623

394,368

Tax

119,956

89,884

Prepayments

10,180

23,695

980,885

590,069

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

79,967

35,660

Hire purchase contracts

6,111

5,829

Trade creditors

73,828

58,001

Tax

141,468

76,059

Social security and other taxes

7,865

2,008

VAT

28,835

9,140

Other creditors

4,111

6,736

Accrued expenses

21,681

12,600

363,866

206,033

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans - 1-2 years

40,305

40,284

Bank loans - 2-5 years

60,105

100,410

Hire purchase contracts

1,046

7,156

101,456

147,850

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

100

Ordinary

1

100

100

10.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2025 and 31 March 2024:

2025

2024

£

£

S Hardwick

Balance outstanding at start of year

201,014

151,814

Amounts advanced

22,370

67,536

Amounts repaid

(14,094

)

(18,336

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

209,290

201,014

P Hardwick

Balance outstanding at start of year

193,354

146,742

Amounts advanced

20,376

63,836

Amounts repaid

(14,397

)

(17,224

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

199,333

193,354

11.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is S Hardwick.

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, I have prepared for your approval the financial statements of Steven Hardwick Associates Limited for the year ended 31 March 2025 which comprise the Income Statement, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given me.

As a practising member of the Association of Chartered Certified Accountants, I am subject to its ethical and other professional requirements which are detailed at accaglobal.com/rulebook.

This report is made solely to the Board of Directors of Steven Hardwick Associates Limited, as a body, in accordance with my terms of engagement. My work has been undertaken solely to prepare for your approval the financial statements of Steven Hardwick Associates Limited and state those matters that I have agreed to state to the Board of Directors of Steven Hardwick Associates Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at

https://www.accaglobal.com/gb/en/technical-activities/technical-resources-

search/2009/october/factsheet-163-audit-exempt-companies.html.

To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for my work or for this report.

It is your duty to ensure that Steven Hardwick Associates Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Steven Hardwick Associates Limited. You consider that Steven Hardwick Associates Limited is exempt from the statutory audit requirement for the year.

I have not been instructed to carry out an audit or a review of the financial statements of Steven Hardwick Associates Limited. For this reason, I have not verified the accuracy or completeness of the accounting records or information and explanations you have given to me and I do not, therefore, express any opinion on the statutory financial statements.

Hewitt Card Limited

Chartered Certified Accountants

70-72 Nottingham Road

Mansfield

Nottinghamshire

NG18 1BN

23 December 2025