REGISTERED NUMBER: 00615646 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2026

for

Thomas Hirst and Son Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Mr M Hirst

SECRETARY:

Mrs J Hirst

REGISTERED OFFICE:

Lynchford Lane

Farnborough

Hampshire

GU14 6JD

REGISTERED NUMBER:

00615646 (England and Wales)

ACCOUNTANTS:

Knox & Eames Chartered Accountants

36 Shepherds Lane

Caversham

Reading

Berkshire

RG4 7JL

FIXED ASSETS

Intangible assets

4

1

1

Tangible assets

5

551,328

532,472

551,329

532,473

CURRENT ASSETS

Stocks

52,520

57,150

Debtors

6

139,293

165,186

Cash at bank and in hand

487,743

525,211

679,556

747,547

CREDITORS

Amounts falling due within one year

7

264,206

280,887

NET CURRENT ASSETS

415,350

466,660

TOTAL ASSETS LESS CURRENT LIABILITIES

966,679

999,133

PROVISIONS FOR LIABILITIES

28,300

28,300

NET ASSETS

938,379

970,833

CAPITAL AND RESERVES

Called up share capital

3,334

3,334

Retained earnings

935,045

967,499

SHAREHOLDERS' FUNDS

938,379

970,833

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 8 June 2026 and were signed by:

Mr M Hirst - Director

1.	STATUTORY INFORMATION

Thomas Hirst and Son Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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.

Goodwill

Goodwill represents the excess of cost over the fair value of the uderlying assets and business acquired.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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

-

Land - Nil. Buildings - 2% per annum

Plant and machinery

-

15% on reducing balance

Fixtures and fittings

-

10% - 15% on reducing balance

Motor vehicles

-

30% on reducing balance

Computer equipment

-

30% 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.

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 15 (2025 - 14 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2025

and 31 March 2026

1

NET BOOK VALUE

At 31 March 2026

1

At 31 March 2025

1

5.	TANGIBLE FIXED ASSETS

Improvements

Freehold

to

Plant and

property

property

machinery

£

£

£

COST

At 1 April 2025

426,232

31,597

253,928

Additions

-

-

20,000

Disposals

-

-

-

At 31 March 2026

426,232

31,597

273,928

DEPRECIATION

At 1 April 2025

37,232

-

205,740

Charge for year

-

-

8,468

Eliminated on disposal

-

-

-

At 31 March 2026

37,232

-

214,208

NET BOOK VALUE

At 31 March 2026

389,000

31,597

59,720

At 31 March 2025

389,000

31,597

48,188

Fixtures

and

Motor

Computer

fittings

vehicles

equipment

Totals

£

£

£

£

COST

At 1 April 2025

37,878

340,097

50,820

1,140,552

Additions

-

25,500

5,447

50,947

Disposals

-

(59,072

)

-

(59,072

)

At 31 March 2026

37,878

306,525

56,267

1,132,427

DEPRECIATION

At 1 April 2025

36,978

279,546

48,584

608,080

Charge for year

-

22,134

1,059

31,661

Eliminated on disposal

-

(58,642

)

-

(58,642

)

At 31 March 2026

36,978

243,038

49,643

581,099

NET BOOK VALUE

At 31 March 2026

900

63,487

6,624

551,328

At 31 March 2025

900

60,551

2,236

532,472

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

109,657

137,066

Other debtors

29,636

28,120

139,293

165,186

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade creditors

86,836

106,248

Taxation and social security

88,620

116,164

Other creditors

88,750

58,475

264,206

280,887

8.	ULTIMATE CONTROLLING PARTY

The controlling party is Hirsteel Limited.