Hanna & Hutchinson Consulting Engineers Ltd

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

1	General information

The company is a private company limited by share capital, incorporated in Northern Ireland.

The address of its registered office is:
2a Wallace Avenue
Lisburn
Antrim
BT27 4AA
Northern Ireland

These financial statements were authorised for issue by the Board on 27 May 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 through profit or loss. The financial statements are prepared in sterling, which is the functional currency of the entity and the level of rounding is £1.

Summary of disclosure exemptions

The entity satisfies the criteria of being a qualifying entity as defined in FRS 102. Its financial statements are consolidated into the financial statements of McAdam Group Limited. As such, advantage has been taken of the following disclosure exemptions available under paragraph 1.12 of FRS 102:

(a) No cash flow statement has been presented for the company

(b) Disclosures in respect of financial instruments have not been presented.

Going concern

The company has access to adequate financial resources together with committed contracts with a number of customers. The Directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. They continue to adopt the going concern basis in preparing the annual financial statements.The financial statements have been prepared on a going concern basis.

Page 3

Hanna & Hutchinson Consulting Engineers Ltd

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

2	Accounting policies (continued)

Audit report

The Independent Auditor's Report was unqualified.

The name of the Senior Statutory Auditor who signed the audit report on 27 May 2026 was Jonathan Bethel, who signed for and on behalf of Miscampbell & Co.

Judgements

Revenue recognition

Revenue from the rendering of services is measured by the stage of completion of the service transaction at the end of the reporting period. The company calculates the value at the period end on a contract by contract basis using on the most current information available and this exercise is subject to review by the directors.

Key sources of estimation uncertainty

Impairment of debtors

The company makes an estimate of the recoverable value of trade and other debtors. When assessing impairment of trade and other debtors, management considers factors including the age profile of the debtor and historical experience.

Useful lives of depreciable assets

The annual depreciation charge depends primarily on the estimated lives of each type of asset and, in certain circumstances, estimates of fair values and residual values. The directors annually review these asset lives and adjust them as necessary to reflect current thinking on remaining lives in light of technological change, prospective economic utilisation and physical condition of the assets concerned. Changes in asset lives can have significant impact on depreciation charges for the period. It is is not practical to quantify the impact of changes in asset lives on an overall basis, as asset lives are individually determined, and there are a significant number of asset lives in use. The impact of any change would vary significantly depending on the individual changes in assets and the classes of assets impacted.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Revenue from the rendering of services is measured by reference to the stage of completion of the service transaction at the end of the reporting period provided that the outcome can be reliably estimated. When the outcome cannot be reliably estimated, revenue is recognised only to the extent that it is probable the expenses recognised will be recovered.

Foreign currency transactions and balances

Foreign currency transactions are initially recorded in the functional currency, by applying the spot exchange rate as at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the exchange rate ruling at the reporting date, with any gains or losses being taken to the profit and loss account.

Tax

The tax expense for the period comprises current 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.

Hanna & Hutchinson Consulting Engineers Ltd

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

2	Accounting policies (continued)

The current income 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.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the statement of financial position 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
Short leasehold property	Over the life of the lease
Fixtures and fittings	20% reducing balance
Equipment	20% reducing balance

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets.

For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.

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.

Hanna & Hutchinson Consulting Engineers Ltd

Notes to the 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 and subsequently measured at amortised cost using the effective interest method.

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. Interim dividends are recognised when paid.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 20 (2024 - 17).

4

Taxation

Tax charged/(credited) in the profit and loss account

Hanna & Hutchinson Consulting Engineers Ltd

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

4	Taxation (continued)

	2025 £	2024 £
Current taxation
UK corporation tax	120,716	180,510
UK corporation tax adjustment to prior periods	(21,443)	-
	99,273	180,510
Deferred taxation
Arising from origination and reversal of timing differences	2,679	-
Arising from previously unrecognised tax loss, tax credit or temporary difference of prior periods	2,455	-
Total deferred taxation	5,134	-
Tax expense in the income statement	104,407	180,510

The tax on profit before tax for the year is higher than the standard rate of corporation tax in the UK (2024 - the same as the standard rate of corporation tax in the UK) of 25% (2024 - 25%).

The differences are reconciled below:

	2025 £	2024 £
Profit before tax	480,620	677,065
Corporation tax at standard rate	120,155	169,266
Effect of expense not deductible in determining taxable profit (tax loss)	3,239	9,459
Deferred tax expense from unrecognised temporary difference from a prior period	2,456	1,785
Tax decrease from effect of adjustment in research and development tax credit	(21,443)	-
Total tax charge	104,407	180,510

Deferred tax

Deferred tax consists of the tax effect of timing differences in respect of accelerated capital allowances

Hanna & Hutchinson Consulting Engineers Ltd

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

5	Tangible assets

	Short leasehold land and buildings £	Fixtures and fittings £	Office equipment £	Total £
Cost or valuation
At 1 January 2025	28,312	12,900	58,933	100,145
Additions	-	747	16,991	17,738
At 31 December 2025	28,312	13,647	75,924	117,883
Depreciation
At 1 January 2025	16,386	12,900	56,993	86,279
Charge for the year	-	149	7,604	7,753
At 31 December 2025	16,386	13,049	64,597	94,032
Carrying amount
At 31 December 2025	11,926	598	11,327	23,851
At 31 December 2024	11,926	-	1,940	13,866

Included within the net book value of land and buildings above is £11,926 (2024 - £11,926) in respect of short leasehold land and buildings.
 

6

Debtors

Current	2025 £	2024 £
Trade debtors	475,351	361,482
Prepayments	26,359	4,420
Other debtors	3,989	4,077
	505,699	369,979

Hanna & Hutchinson Consulting Engineers Ltd

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

7

Creditors

Creditors: amounts falling due within one year

	2025 £	2024 £
Due within one year
Trade creditors	33,934	-
Taxation and social security	217,770	354,685
Accruals and deferred income	16,412	80,783
Other creditors	7,010	4,612
	275,126	440,080

8	Pension and other schemes

Defined contribution pension scheme

The company operates a defined contribution pension scheme. The pension cost charge for the year represents contributions payable by the company to the scheme and amounted to £117,663 (2024 - £95,837).

Contributions totalling £7,194 (2024 - £4,454) were payable to the scheme at the end of the year and are included in creditors.

9	Share capital

Allotted, called up and fully paid shares

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

Hanna & Hutchinson Consulting Engineers Ltd

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

10	Provisions for liabilities

	Deferred tax £	Total £
Additional provisions	5,134	5,134
At 31 December 2025	5,134	5,134

The deferred tax account consists of the tax effect of timing differences in respect of accelerated capital allowances.

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Dividends

Interim dividends paid

		2025 £		2024 £
Interim dividend of £1,500.00 (2024 - £13,307.00) per each Ordinary shares		150,000		1,330,741

12	Related party transactions

Directors' remuneration

The directors' remuneration for the year was as follows:

	2025 £	2024 £
Remuneration	85,442	69,373
Contributions paid to money purchase schemes	91,641	52,500
	177,083	121,873

During the year the number of directors who were receiving benefits and share incentives was as follows:

	2025 No.	2024 No.
Accruing benefits under money purchase pension scheme	2	2

Summary of transactions with parent

There were no related party transactions which were not concluded under normal market conditions.

There were no transactions with either the company's parent or ultimate parent other than the dividend disclosed above.

Hanna & Hutchinson Consulting Engineers Ltd

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

13	Parent and ultimate parent undertaking

The company's immediate parent is H & H Consulting Group Limited, incorporated in Northern Ireland.

 The ultimate parent is McAdam Group Limited, incorporated in Northern Ireland.

 The most senior parent entity producing publicly available financial statements is McAdam Group Limited. These financial statements are available upon request from Companies House, 1 Crown Way, Cardiff, CF14 3UZ.

 

It has included the company in its Group accounts. McAdam Group Limited is both the smallest and largest group for which group accounts are prepared. The directors consider there to be no ultimate controlling party.