Neil Hayes Painting & Decorating Limited

	Page
Abridged Balance Sheet	1—2
Notes to the Abridged Financial Statements	3—5

Registered number: 05237836

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		113,882		116,875

			113,882		116,875
CURRENT ASSETS
Debtors		113,848		27,122
Cash at bank and in hand		125		5,804

		113,973		32,926
Creditors: Amounts Falling Due Within One Year		(161,280 )		(57,241 )

NET CURRENT ASSETS (LIABILITIES)			(47,307 )		(24,315 )

TOTAL ASSETS LESS CURRENT LIABILITIES			66,575		92,560

Creditors: Amounts Falling Due After More Than One Year			(34,068 )		(49,284 )

NET ASSETS			32,507		43,276

CAPITAL AND RESERVES
Called up share capital	6		2		2
Profit and Loss Account			32,505		43,274

SHAREHOLDERS' FUNDS			32,507		43,276

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Neil Hayes Painting & Decorating Limited

Abridged Balance Sheet (continued)

As At 31 March 2026

For the year ending 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

All of the company's members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet for the year end 31 March 2026 in accordance with section 444(2A) of the Companies Act 2006.

On behalf of the board

Neil Hayes

Director

13th April 2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Neil Hayes Painting & Decorating Limited is a private company, limited by shares, incorporated in England & Wales, registered number 05237836 . The registered office is SMM Business Park, Dock Road, Birkenhead, Wirral, CH41 1DT.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Freehold
Plant & Machinery	18% Reducing balance
Motor Vehicles	18% Reducing balance
Computer Equipment	18% Reducing balance

2.4. Leasing and Hire Purchase Contracts

Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.

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Neil Hayes Painting & Decorating Limited

Notes to the Abridged Financial Statements (continued)

For The Year Ended 31 March 2026

2.5. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 12 (2025: 12)

4. Tangible Assets

	Total
	£
Cost
As at 1 April 2025	204,163
Additions	10,045
Disposals	(250 )

As at 31 March 2026	213,958

Depreciation
As at 1 April 2025	87,288
Provided during the period	12,788

As at 31 March 2026	100,076

Net Book Value
As at 31 March 2026	113,882

As at 1 April 2025	116,875

5. Obligations Under Finance Leases and Hire Purchase

	2026	2025
	£	£
The future minimum finance lease payments are as follows:
Not later than one year	-	-
Later than one year and not later than five years	-	26,964

	-	26,964

	-	26,964

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Neil Hayes Painting & Decorating Limited

Notes to the Abridged Financial Statements (continued)

For The Year Ended 31 March 2026

6. Share Capital

	2026	2025
	£	£
Allotted, Called up and fully paid	2	2

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