H.J. Haywood And Son Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 01190749 (England and Wales)

H.J. HAYWOOD AND SON LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2025

Page

Balance Sheet

1

Notes to the Financial Statements

3

FIXED ASSETS

Tangible assets

4

51,148

45,177

CURRENT ASSETS

Stocks

5

7,678

10,915

Debtors

6

116,767

283,566

Cash at bank

447,855

242,147

572,300

536,628

CREDITORS

Amounts falling due within one year

7

170,670

205,862

NET CURRENT ASSETS

401,630

330,766

TOTAL ASSETS LESS CURRENT
LIABILITIES

452,778

375,943

CREDITORS

Amounts falling due after more than one
year

8

-

(7,534

)

PROVISIONS FOR LIABILITIES

(5,084

)

(8,056

)

NET ASSETS

447,694

360,353

CAPITAL AND RESERVES

Called up share capital

11

9,950

Retained earnings

437,744

350,403

SHAREHOLDERS' FUNDS

447,694

360,353

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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 Profit and Loss has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 11 May 2026 and were signed on its behalf by:

T J Haywood - Director

Mrs R C Haywood - Director

1.	STATUTORY INFORMATION

H.J. Haywood And Son 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:

01190749

Registered office:

Unit C2 Pierson Court

Knowl Piece

Hitchin

Herts

SG4 0TY

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.

Going concern

The director has a reasonable expectation that the company will continue to operate for the foreseeable future and so these financial statements are prepared on the going concern basis.

Significant judgements and estimates

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported for assets and liabilities as at the balance sheet date and the amounts reported for revenues and expenses during the year. However, the nature of estimation means that actual outcomes could differ from those estimates. In the Director's opinion, there are no significant judgements or key sources of estimation uncertainty.

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

-

15% on reducing balance

Fixtures and fittings

-

20% on reducing balance

Motor vehicles

-

25% on reducing balance

Stocks

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

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.

Financial instruments

The company only enters into basic financial instruments that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Profit and Loss Account.

Financial assets and liabilities are offset and the net amount reported in the Balance Sheet when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss, 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 6 (2024 - 5 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

machinery

fittings

vehicles

Totals

£

COST

At 1 December 2024

3,308

11,171

134,016

148,495

Additions

319

4,112

38,792

43,223

Disposals

-

(446

)

(53,310

)

(53,756

)

At 30 November 2025

3,627

14,837

119,498

137,962

DEPRECIATION

At 1 December 2024

1,910

4,737

96,671

103,318

Charge for year

218

1,824

12,604

14,646

Eliminated on disposal

-

(329

)

(30,821

)

(31,150

)

At 30 November 2025

2,128

6,232

78,454

86,814

NET BOOK VALUE

At 30 November 2025

1,499

8,605

41,044

51,148

At 30 November 2024

1,398

6,434

37,345

45,177

5.

STOCKS

2025

2024

£

Stocks

4,186

4,437

Work-in-progress

3,492

6,478

7,678

10,915

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Trade debtors

111,866

278,032

Other debtors

4,901

5,534

116,767

283,566

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Bank loans and overdrafts (see note 9)

-

9,983

Trade creditors

51,798

88,042

Taxation and social security

108,746

96,737

Other creditors

10,126

11,100

170,670

205,862

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

2025

2024

£

Bank loans (see note 9)

-

7,534

9.

LOANS

An analysis of the maturity of loans is given below:

2025

2024

£

Amounts falling due within one year or on demand:

Bank loans

-

9,983

Amounts falling due between one and two years:

Bank loans - 1-2 years

-

7,534

10.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2025

2024

£

Within one year

31,182

28,800

Between one and five years

50,346

14,400

81,528

43,200

11.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

7,800

Ordinary shares

1

7,800

2,150

Ordinary A shares

1

2,150

9,950

12.	RELATED PARTY DISCLOSURES

During the year, total dividends of £71,550 (2024 - £108,000) were paid to the directors .

Periwinkle Estates Limited

A company in which T Haywood and R Haywood are both directors and shareholders.

During the year, the company was charged rent and service charges amounting to £29,872 (2024: £28,559).