ACCOUNTS - Final Accounts preparation

Analysis of the maturity of loans is given below:

Company Registration Number: OC364435

HACS CIVIL ENGINEERING LLP

UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

HACS CIVIL ENGINEERING LLP

REGISTERED NUMBER: OC364435

STATEMENT OF FINANCIAL POSITION

AS AT 31 DECEMBER 2025

		2025		2024
Note		£		£

Fixed assets
Tangible assets	4		123,459		150,058
			123,459		150,058
Current assets
Stocks	5	38,199		13,511
Debtors: amounts falling due within one year	6	879,460		980,059
Cash at bank and in hand		261,212		423,369
		1,178,871		1,416,939
Creditors: Amounts Falling Due Within One Year	7	(1,151,098)		(1,440,608)
Net current assets/(liabilities)			27,773		(23,669)
Total assets less current liabilities			151,232		126,389
Creditors: amounts falling due after more than one year	8		-		(4,167)

Net assets			151,232		122,222

Represented by:
Loans and other debts due to members within one year
Other amounts	10	151,232	122,222

		151,232	122,222

Total members' interests
Amounts due from members (included in debtors)	6	(81,433)	(81,433)
Loans and other debts due to members	10	151,232	122,222
		69,799	40,789

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HACS CIVIL ENGINEERING LLP

REGISTERED NUMBER: OC364435

STATEMENT OF FINANCIAL POSITION (CONTINUED)

AS AT 31 DECEMBER 2025

The financial statements have been prepared in accordance with the provisions applicable to entities subject to the small LLPs regime.

The entity was entitled to exemption from audit under section 477 of the Companies Act 2006, as applied by The Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008.

The members acknowledge their responsibilities for complying with the requirements of the Companies Act 2006, as applied by The Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, with respect to accounting records and the preparation of financial statements.

The financial statements have been delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime.

The entity has opted not to file the statement of comprehensive income in accordance with the provisions applicable to entities subject to the small LLPs regime.

The financial statements were approved and authorised for issue by the members and were signed on their behalf by:

................................................ A J H Du Boulay	................................................ M R Smith
Designated member	Designated member

Date: 20 July 2026	Date:20 July 2026

The notes on pages 3 to 8 form part of these financial statements.

HACS Civil Engineering LLP has no equity and, in accordance with the provisions contained within the Statement of Recommended Practice "Accounting by Limited Liability Partnerships", has not presented a Statement of changes in equity.

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HACS CIVIL ENGINEERING LLP

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

1.	General information

HACS Civil Engineering LLP is a limited liability partnership incorporated in England and Wales. It trades from its registered office located at Nidderdale House, Station Yard, Ripley, Harrogate, North Yorkshire, HG3 3BA.

The principal activity of the LLP during the year was civil engineering.

These financial statements have been presented in Pounds Sterling as this is the currency in the primary economic environment.

2.Accounting policies

2.1

Basis of preparation

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the requirements and the Companies Act 2006 and the requirements of the Statement of Recommended Practice 'Accounting by Limited Liabilities Partnerships'. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgement in applying the LLP's accounting policies.

The following principal accounting policies have been applied:

2.2

Going concern

The directors have prepared the financial statements on a going concern basis.

In reaching their conclusion, the members have considered their cash flow from a period of 12 months from the date of sign off and the availability of funding both externally and internally.

After consideration of all factors, the members continue to adopt the going concern basis in preparing the financial statements.

2.3

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the LLP and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:

∙the amount of revenue can be measured reliably;

∙it is probable that the LLP will receive the consideration due under the contract;

∙the stage of completion of the contract at the end of the reporting period can be measured reliably; and

∙the costs incurred and the costs to complete the contract can be measured reliably.

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HACS CIVIL ENGINEERING LLP

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

2.Accounting policies (continued)

2.4

Operating leases: the LLP as lessee

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

2.5

Interest income

Interest income is recognised in profit or loss using the effective interest method.

2.6

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

2.7

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

2.8

Division and distribution of profits

A division of profits is the mechanism by which the profits of an LLP become a debt due to members. A division may be automatic or discretionary, may relate to some or all of the profits for a financial period and may take place during or after the end of a financial period.

An automatic division of profits is one where the LLP does not have an unconditional right to avoid making a division of an amount of profits based on the members' agreement in force at the time, whereas a discretionary division of profits requires a decision to be made by the LLP, which it has the unconditional right to avoid making.

The LLP divides profits automatically. Automatic divisions of profits are recognised as 'Members' remuneration charged as an expense in .

2.9

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Motor vehicles

20%

reducing balance

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

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HACS CIVIL ENGINEERING LLP

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

2.Accounting policies (continued)

2.10

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a weighted average basis. Work in progress and finished goods include labour and attributable overheads.

At each reporting date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

2.11

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

2.12

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

2.13

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Employees

The average monthly number of employees, including directors, during the year was 7 (2024 - 7).

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HACS CIVIL ENGINEERING LLP

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

4.	Tangible fixed assets

		Motor vehicles
		£
	Cost
	At 1 January 2025	350,207
	Additions	3,471
	At 31 December 2025	353,678
	Depreciation
	At 1 January 2025	200,149
	Charge for the year on owned assets	30,070
	At 31 December 2025	230,219
	Net book value
	At 31 December 2025	123,459
	At 31 December 2024	150,058

5.	Stocks
		2025	2024
		£	£

	Raw materials and consumables	38,199	13,511

Debtors

					2025	2024
					£	£


Trade debtors	260,045	415,611
Amounts owed by related parties	533,812	464,427
Other debtors	-	15,602
Prepayments and accrued income	4,170	2,987
Amounts due from members	81,433	81,433
	879,460	980,060

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HACS CIVIL ENGINEERING LLP

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

7.	Creditors: Amounts falling due within one year
		2025	2024
		£	£

Bank loans	-	10,000
Trade creditors	1,117,874	1,409,268
Other taxation and social security	9,705	1,619
Other creditors	13,559	14,692
Accruals and deferred income	9,960	5,029
	1,151,098	1,440,608

8.	Creditors: Amounts falling due after more than one year
		2025	2024
		£	£

	Bank loans	-	4,167

Amounts falling due within one year
Bank loans	-	10,000
Amounts falling due 1-2 years
Bank loans	-	4,167


	-	14,167


	Other amounts due to members	151,232	122,222

Loans and other debts due to members rank equally with debts due to ordinary creditors in the event of a winding up.

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HACS CIVIL ENGINEERING LLP

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

11.	Controlling party

In the opinion of the members there is no controlling party as defined by Financial Reporting Standard 102.

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