H & G Carpentry Ltd 06450120 false 2025-01-01 2025-12-31 2025-12-31 The principal activity of the company is that of commercial carpentry services Digita Accounts Production Advanced 6.30.9574.0 true true 06450120 2025-01-01 2025-12-31 06450120 2025-12-31 06450120 bus:OrdinaryShareClass1 2025-12-31 06450120 core:RetainedEarningsAccumulatedLosses 2025-12-31 06450120 core:ShareCapital 2025-12-31 06450120 core:CurrentFinancialInstruments 2025-12-31 06450120 core:CurrentFinancialInstruments core:WithinOneYear 2025-12-31 06450120 core:Goodwill 2025-12-31 06450120 core:OfficeEquipment 2025-12-31 06450120 bus:SmallEntities 2025-01-01 2025-12-31 06450120 bus:AuditExemptWithAccountantsReport 2025-01-01 2025-12-31 06450120 bus:FilletedAccounts 2025-01-01 2025-12-31 06450120 bus:SmallCompaniesRegimeForAccounts 2025-01-01 2025-12-31 06450120 bus:RegisteredOffice 2025-01-01 2025-12-31 06450120 bus:Director1 2025-01-01 2025-12-31 06450120 bus:OrdinaryShareClass1 2025-01-01 2025-12-31 06450120 bus:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 06450120 core:Goodwill 2025-01-01 2025-12-31 06450120 core:OfficeEquipment 2025-01-01 2025-12-31 06450120 core:PlantMachinery 2025-01-01 2025-12-31 06450120 core:ParentEntities 2025-01-01 2025-12-31 06450120 countries:AllCountries 2025-01-01 2025-12-31 06450120 2024-12-31 06450120 core:Goodwill 2024-12-31 06450120 core:OfficeEquipment 2024-12-31 06450120 2024-01-01 2024-12-31 06450120 2024-12-31 06450120 bus:OrdinaryShareClass1 2024-12-31 06450120 core:RetainedEarningsAccumulatedLosses 2024-12-31 06450120 core:ShareCapital 2024-12-31 06450120 core:CurrentFinancialInstruments 2024-12-31 06450120 core:CurrentFinancialInstruments core:WithinOneYear 2024-12-31 06450120 core:OfficeEquipment 2024-12-31 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 06450120

H & G Carpentry Ltd
Unaudited Financial Statements
for the Year Ended 31 December 2025

H & G Carpentry Ltd

(Registration number: 06450120)
Balance Sheet as at 31 December 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Tangible assets | 5 | 185 | 531
Current assets |  |  |
Debtors | 6 | 50,203 | 49,364
Cash at bank and in hand |  | 155,369 | 202,810
|  | 205,572 | 252,174
Creditors: Amounts falling due within one year | 7 | (43,974) | (51,412)
Net current assets |  | 161,598 | 200,762
Net assets |  | 161,783 | 201,293
Capital and reserves |  |  |
Called up share capital | 8 | 100 | 100
Retained earnings |  | 161,683 | 201,193
Shareholders' funds |  | 161,783 | 201,293

For the financial year ending 31 December 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 members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• | The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 28 February 2026

......................................... S R Higgins Director

H & G Carpentry Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

1 | General information

The company is a private company limited by share capital, incorporated in England & Wales.

The address of its registered office is:
1263 Evesham Road
Astwood Bank
Redditch
Worcestershire
B96 6BA

These financial statements were authorised for issue by the director on 28 February 2026.

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue when: The amount of revenue can be reliably measured; it is probable that future economic benefits will flow to the entity; and specific criteria have been met for each of the company's activities.

H & G Carpentry Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025 (continued)

2 | Accounting policies (continued)

Tax

The tax expense for the period comprises corporation and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The corporation tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class | Depreciation method and rate
Plant & equipment | 25% pa on a reducing balance basis.
Office equipment | 25% pa on a reducing balance basis & 33% pa on a straight line basis.

Goodwill

Goodwill arising on the acquisition of an entity represents the excess of the cost of acquisition over the company’s interest in the net fair value of the identifiable assets, liabilities and contingent liabilities of the entity recognised at the date of acquisition. Goodwill is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is held in the currency of the acquired entity and revalued to the closing rate at each reporting period date. Goodwill is amortised over its useful life, which shall not exceed ten years if a reliable estimate of the useful life cannot be made.

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class | Amortisation method and rate
Goodwill | 20% pa on a straight line basis.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

H & G Carpentry Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025 (continued)

2 | Accounting policies (continued)

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price.

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

H & G Carpentry Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025 (continued)

3 | Staff numbers

The average number of persons employed by the company (including the director) during the year, was 2 (2024 - 2).

4 | Intangible assets

| Goodwill £ | Total £
Cost or valuation
At 1 January 2025 | 35,000 | 35,000
At 31 December 2025 | 35,000 | 35,000
Amortisation
At 1 January 2025 | 35,000 | 35,000
At 31 December 2025 | 35,000 | 35,000
Carrying amount
At 31 December 2025 | - | -

H & G Carpentry Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025 (continued)

5 | Tangible assets

| Office equipment £ | Total £
Cost or valuation
At 1 January 2025 | 7,545 | 7,545
At 31 December 2025 | 7,545 | 7,545
Depreciation
At 1 January 2025 | 7,014 | 7,014
Charge for the year | 346 | 346
At 31 December 2025 | 7,360 | 7,360
Carrying amount
At 31 December 2025 | 185 | 185
At 31 December 2024 | 531 | 531

6 | Debtors

Current | 2025 £ | 2024 £
Trade debtors | 49,310 | 48,065
Prepayments | 893 | 1,299
| 50,203 | 49,364

H & G Carpentry Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025 (continued)

7 | Creditors

Creditors: amounts falling due within one year

| Note | 2025 £ | 2024 £
Due within one year |  |  |
Trade creditors |  | 3,417 | 15,858
Amounts owed to group undertakings and undertakings in which the company has a participating interest | 9 | 524 | 622
Taxation and social security |  | 34,215 | 27,526
Accruals and deferred income |  | 4,349 | 4,350
Other creditors |  | 1,469 | 3,056
|  | 43,974 | 51,412

8 | Share capital

Allotted, called up and fully paid shares

| 2025 | 2024
| No. | £ | No. | £
Ordinary £1 of £1 each | 100 | 100 | 100 | 100

9 | Related party transactions

Summary of transactions with parent

During the year the company made the following transactions with its parent, SJMG Holdings Ltd:
Dividends paid during the year totalling £120,000 (2024 - £135,000). At the balance sheet date the amount due to SJMG Holdings Ltd was £524 (2024 - £622).