REGISTERED NUMBER: 00548293 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 July 2025

for

W.Hanson (Iron Bridge) Limited

Page

Balance Sheet

1

Notes to the Financial Statements

3

Fixed assets

Tangible assets

4

1,834,422

1,857,266

Current assets

Stocks

550,800

710,350

Debtors

5

1,848,871

2,063,109

Cash at bank and in hand

163,933

461,256

2,563,604

3,234,715

Creditors

Amounts falling due within one year

6

2,502,572

2,930,456

Net current assets

61,032

304,259

Total assets less current liabilities

1,895,454

2,161,525

Creditors

Amounts falling due after more than one year

7

(305,391

)

(452,915

)

Provisions for liabilities

9

(371,234

)

(598,504

)

Net assets

1,218,829

1,110,106

Capital and reserves

Called up share capital

10

2,200

2,200

Revaluation reserve

11

170,619

170,619

Capital redemption reserve

11

2,200

2,200

Retained earnings

11

1,043,810

935,087

Shareholders' funds

1,218,829

1,110,106

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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 4 March 2026 and were signed on its behalf by:

R P Gorringe - Director

1.	Statutory information

W.Hanson (Iron Bridge) Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

00548293

Registered office:

Pound House

62a Highgate High Street

London

N6 5HX

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.

Freehold property

-

2% on cost

Improvements to property

-

in accordance with the property

Plant and machinery

-

15% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

15% 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.

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.

Operating leases

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 39 (2024 - 43 ) .

4.	Tangible fixed assets

Improvements

Freehold

to

Plant and

property

property

machinery

£

£

£

Cost

At 1 August 2024

1,950,000

-

265,828

Additions

-

43,500

-

At 31 July 2025

1,950,000

43,500

265,828

Depreciation

At 1 August 2024

341,431

-

244,045

Charge for year

32,171

290

3,267

At 31 July 2025

373,602

290

247,312

Net book value

At 31 July 2025

1,576,398

43,210

18,516

At 31 July 2024

1,608,569

-

21,783

Fixtures

and

Motor

fittings

vehicles

Totals

£

£

£

Cost

At 1 August 2024

531,342

71,056

2,818,226

Additions

4,025

-

47,525

At 31 July 2025

535,367

71,056

2,865,751

Depreciation

At 1 August 2024

324,553

50,931

960,960

Charge for year

31,622

3,019

70,369

At 31 July 2025

356,175

53,950

1,031,329

Net book value

At 31 July 2025

179,192

17,106

1,834,422

At 31 July 2024

206,789

20,125

1,857,266

5.

Debtors: amounts falling due within one year

2025

2024

£

£

Trade debtors

1,078,224

1,184,912

Other debtors

765,468

825,468

Tax

-

30,834

Prepayments and accrued income

5,179

21,895

1,848,871

2,063,109

Included within other debtors is an amount of £765,468 (2024 - £825,468) owed by RS Developments Limited, a related party.

6.

Creditors: amounts falling due within one year

2025

2024

£

£

Bank loans and overdrafts

100,543

53,562

Trade creditors

878,955

1,150,468

Corporation tax

70,081

-

Social security and other taxes

80,513

92,180

Other creditors

1,275,683

1,545,939

Accruals and deferred income

96,797

88,307

2,502,572

2,930,456

7.

Creditors: amounts falling due after more than one year

2025

2024

£

£

Bank loans - 2-5 years

222,367

269,348

Bank loans more 5 yr by instal

83,024

183,567

305,391

452,915

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

83,024

183,567

8.	Leasing agreements

Rentals under operating leases are charged to profit and loss account on a straight line basis over the lease term

9.	Provisions for liabilities

2025

2024

£

£

Deferred tax

Accelerated capital allowances

48,410

108,888

Other provisions

322,824

489,616

371,234

598,504

Deferred

tax

£

Balance at 1 August 2024

108,888

Credit to Income Statement during year

(60,478

)

Balance at 31 July 2025

48,410

The balance under other provisions related to an amount recognised for back-dated rent identified during the previous financial year. The provision reflects the rental obligations from prior periods.

10.	Called up share capital

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

2,134

Ordinary - A

£1

2,134

1,067

20

Ordinary - B

£1

20

20

20

Ordinary - C

£1

20

20

22

Ordinary - D

£1

22

1,089

2

Ordinary - E

£1

2

2

2

Ordinary - F

£1

2

2

2,200

2,200

11.

Reserves

Capital

Retained

Revaluation

redemption

earnings

reserve

reserve

Totals

£

£

£

£

At 1 August 2024

935,087

170,619

2,200

1,107,906

Profit for the year

233,923

233,923

Dividends

(125,200

)

(125,200

)

At 31 July 2025

1,043,810

170,619

2,200

1,216,629