Hour Construction Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 00193225 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2025

FOR

HOUR CONSTRUCTION LTD

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTOR:

A Grunhut

REGISTERED OFFICE:

9 Manor Parade

Manor Road

London

N16 5SG

REGISTERED NUMBER:

00193225 (England and Wales)

ACCOUNTANTS:

Venitt and Greaves

Chartered Accountants

115 Craven Park Road

London

N15 6BL

FIXED ASSETS

Tangible assets

5

131

154

Investments

6

405

Investment property

7

1,000,000

1,000,536

1,000,559

CURRENT ASSETS

Debtors

8

737,100

490,355

Cash at bank

48,903

3,668

786,003

494,023

CREDITORS

Amounts falling due within one year

9

(1,239,063

)

(1,250,433

)

NET CURRENT LIABILITIES

(453,060

)

(756,410

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

547,476

244,149

CREDITORS

Amounts falling due after more than one
year

10

(312,503

)

(22,502

)

PROVISIONS FOR LIABILITIES

(177,893

)

(177,893

)

NET ASSETS

57,080

43,754

CAPITAL AND RESERVES

Called up share capital

13

10,000

Fair value reserve

14

782,107

Retained earnings

14

(735,027

)

(748,353

)

SHAREHOLDERS' FUNDS

57,080

43,754

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2025 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 17 June 2026 and were signed by:

A Grunhut - Director

1.	STATUTORY INFORMATION

Hour Construction Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

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.

Fixtures and fittings

-

15% on reducing balance

Computer equipment

-

15% on reducing balance

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - NIL).

5.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

COST

At 1 October 2024

and 30 September 2025

564

220

784

DEPRECIATION

At 1 October 2024

410

220

630

Charge for year

23

-

23

At 30 September 2025

433

220

653

NET BOOK VALUE

At 30 September 2025

131

-

131

At 30 September 2024

154

-

154

6.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 October 2024

and 30 September 2025

405

NET BOOK VALUE

At 30 September 2025

405

At 30 September 2024

405

7.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 October 2024

and 30 September 2025

1,000,000

NET BOOK VALUE

At 30 September 2025

1,000,000

At 30 September 2024

1,000,000

The fair value of investment property was assessed to be unchanged by the director. The fair value was determined using open market valuation method.

Fair value at 30 September 2025 is represented by:

£

Valuation in 2017

960,000

Cost

40,000

1,000,000

8.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.25

30.9.24

£

Amounts owed by group undertakings

121,000

Other debtors

616,100

369,355

737,100

490,355

9.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.25

30.9.24

£

Bank loans and overdrafts (see note 11)

-

548,821

Trade creditors

1,258

Other creditors

1,237,805

700,354

1,239,063

1,250,433

10.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

30.9.25

30.9.24

£

Bank loans (see note 11)

300,000

-

Other creditors

12,503

22,502

312,503

22,502

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Bank loan

300,000

-

Other creditors include Bounceback loan of £22,502 [2023 - £32,503]. The loan is unsecured, interest free for the first year, then capped at 2.5% and guaranteed by HM Government.

11.

LOANS

An analysis of the maturity of loans is given below:

30.9.25

30.9.24

£

Amounts falling due within one year or on demand:

Bank loans

-

548,821

Amounts falling due between two and five years:

Other loans - 2-5 years

12,503

22,502

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Bank loan

300,000

-

12.	SECURED DEBTS

The following secured debts are included within creditors:

30.9.25

30.9.24

£

Bank loans

300,000

548,821

Bank loan is secured by first charge over the company's investment property.

13.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.9.25

30.9.24

value:

£

10,000

Ordinary

£1

10,000

14.

RESERVES

Fair

Retained

value

earnings

reserve

Totals

£

At 1 October 2024

(748,353

)

782,107

33,754

Profit for the year

13,326

At 30 September 2025

(735,027

)

782,107

47,080