Company No: 11039187 (England and Wales)

Contents

• Balance Sheet
• Notes to the Financial Statements

	Note	2025		2024
		£		£
				Restated - note 2
Fixed assets
Tangible assets	4	160,409		176,360
		160,409		176,360
Current assets
Debtors	5	175,087		405,587
Cash at bank and in hand	6	145,296		26,356
		320,383		431,943
Creditors: amounts falling due within one year	7	( 171,591)		( 204,351)
Net current assets		148,792		227,592
Total assets less current liabilities		309,201		403,952
Creditors: amounts falling due after more than one year	8	( 91,467)		( 97,188)
Provision for liabilities	9, 10	( 40,032)		( 44,090)
Accruals and deferred income		( 3,416)		( 1,730)
Net assets		174,286		260,944
Capital and reserves
Called-up share capital		200		200
Profit and loss account		174,086		260,744
Total shareholders' funds		174,286		260,944

For the financial year ending 31 October 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• The members have not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of Hampson Builders Limited (registered number: 11039187) were approved and authorised for issue by the Board of Directors on 27 July 2026. They were signed on its behalf by:

Mr R C M Fox Director

Mr J P Manley Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Hampson Builders Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Leanne House, 6 Avon Close, Weymouth, DT4 9UX, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Prior year adjustment

This is the first year in which the financial statements have been prepared under FRS102 Section 1A. As a result the prior year accounts have been restated. The details of the prior year adjustment are included in note 2. Additionally, the accounts have been restated to correct the treatment of fixed assets last year.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date. Tax is recognised in the profit and loss account, 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.

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the tax rates and laws that have been enacted or substantively enacted by the Balance Sheet date that are expected to apply when the timing differences reverse. Deferred tax assets and liabilities are not discounted.

The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit. Deferred tax liabilities are presented within provisions for liabilities on the balance sheet.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Plant and machinery	20 % reducing balance
Vehicles	25 % reducing balance
Computer equipment	4 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to sell, which is equivalent to net realisable value. Cost comprises purchase price and other costs directly attributable to the acquisition of materials.

At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over their estimated selling price, less costs to sell, is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts, except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in creditors: amounts falling due within one year.

Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost. 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.

Provisions

Provisions are recognised when the Company has a present obligation (legal or constructive) as a result of a past event, it is probable that the Company will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.

The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the Balance Sheet date, taking into account the risks and uncertainties surrounding the obligation. Where a provision is measured using the cash flows estimated to settle the present obligation, its carrying amount is the present value of those cash flows (when the effect of the time value of money is material).

When some or all of the economic benefits required to settle a provision are expected to be recovered from a third party, a receivable is recognised as an asset if it is virtually certain that reimbursement will be received and the amount of the receivable can be measured reliably.

2. Prior year adjustment

This is the first year in which the financial statements have been prepared under FRS102 Section 1A. The results of the prior year adjustments are detailed below:

Additionally, the accounts have been restated to correct the treatment of fixed assets last year.

		As previously reported		Adjustment		As restated
Year ended 31 October 2024		£		£		£
Fixed assets		167,403		8,957		176,360
Current assets		440,077		(8,134)		431,943
Creditors: amounts falling due within one year		(206,385)		2,034		(204,351)
Provisions for liabilities		0		(44,090)		(44,090)
Capital and reserves		302,177		(41,233)		260,944

3. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	8		4

4. Tangible assets

	Plant and machinery		Vehicles		Computer equipment		Total
	£		£		£		£
Cost
At 01 November 2024	19,520		177,888		1,045		198,453
Additions	449		29,250		282		29,981
At 31 October 2025	19,969		207,138		1,327		228,434
Accumulated depreciation
At 01 November 2024	1,704		19,344		1,045		22,093
Charge for the financial year	3,563		42,351		18		45,932
At 31 October 2025	5,267		61,695		1,063		68,025
Net book value
At 31 October 2025	14,702		145,443		264		160,409
At 31 October 2024	17,816		158,544		0		176,360

5. Debtors

	2025		2024
	£		£
Trade debtors	7,593		101,556
Other debtors	167,494		304,031
	175,087		405,587

6. Cash and cash equivalents

	2025		2024
	£		£
Cash at bank and in hand	145,296		26,356

7. Creditors: amounts falling due within one year

	2025		2024
	£		£
Trade creditors	92,172		46,553
Taxation and social security	54,486		112,381
Obligations under finance leases and hire purchase contracts	17,104		16,577
Other creditors	7,829		28,840
	171,591		204,351

8. Creditors: amounts falling due after more than one year

	2025		2024
	£		£
Obligations under finance leases and hire purchase contracts	91,467		97,188

Hire Purchases included above are secured against the asset for which they relate.

9. Provision for liabilities

	2025		2024
	£		£
Deferred tax	40,032		44,090

10. Deferred tax

	2025		2024
	£		£
At the beginning of financial year	( 44,090)		( 3,180)
Credited/(charged) to the Profit and Loss Account	4,058		( 40,910)
At the end of financial year	( 40,032)		( 44,090)

11. Related party transactions

Transactions with the entity's directors

The directors loan accounts are repayable on demand and interest has been charged on overdrawn balance(s) exceeding £10,000 at the official HMRC rates.

At 1 November 2024 the balance owed from the directors was £30,911. During the year, the company made advances to directors amounting to £99,911 and received repayments of £70,362, leaving a balance due from the directors of £60,460.

At 1 November 2023 the balance owed from the directors was £27,730. During the year, the company made advances to directors amounting to £95,648 and received repayments of £84,467, leaving a balance due from the directors of £38,911.