Registration number: 04555069

Hancock Machinery Removals Limited

Contents

Company Information	1
Balance Sheet	2 to 3
Notes to the Financial Statements	4 to 7

Hancock Machinery Removals Limited

Company Information

Directors

G J Grocock T J Grocock J Grocock

Registered office

Sandbach Road Cobridge Stoke on Trent ST6 2DF

Accountants

Howsons (Stoke) Limited Winton House Stoke Road Stoke on Trent Staffordshire ST4 2RW

Hancock Machinery Removals Limited

(Registration number: 04555069)
Balance Sheet as at 31 October 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	5	503,363	530,823
Current assets
Debtors	6	98,760	76,891
Cash at bank and in hand		50,038	98,071
		148,798	174,962
Creditors: Amounts falling due within one year	7	(37,957)	(91,858)
Net current assets		110,841	83,104
Total assets less current liabilities		614,204	613,927
Provisions for liabilities		(95,639)	(100,856)
Net assets		518,565	513,071
Capital and reserves
Called up share capital		100	100
Retained earnings		518,465	512,971
Shareholders' funds		518,565	513,071

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 accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Hancock Machinery Removals Limited

(Registration number: 04555069)
Balance Sheet as at 31 October 2025

Approved and authorised by the Board on 30 July 2026 and signed on its behalf by:
 

......................................... G J Grocock Director

......................................... T J Grocock Director

......................................... J Grocock Director

Hancock Machinery Removals Limited

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

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Sandbach Road
Cobridge
Stoke on Trent
ST6 2DF

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 - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

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.

The company's presentational currency is pound sterling (£). The accounts are rounded to the nearest whole pound.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Hancock Machinery Removals Limited

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

Tangible assets

Tangible assets are stated in the balance sheet 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
Plant and machinery	10% reducing balance basis
Motor Vehicles	25% reducing balance basis

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class	Amortisation method and rate
Goodwill	Economic life of 20 years

Financial instruments

Classification
Basic financial assets, including trade and other debtors, cash and bank balances, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.
Such assets are subsequently carried at amortised cost using the effective interest method.
Basic financial liabilities, including trade and other trade creditors, bank and other loans, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest.

 Recognition and measurement
At the end of each reporting period financial assets measured at amortised cost are assessed for objective evidence of impairment. If an asset is impaired the impairment loss is the difference between the carrying amount and the present value of the estimated cash flows discounted at the asset’s original effective interest rate. The impairment loss is recognised in profit and loss.

 Impairment
If there is a decrease in the impairment loss arising from an event occurring after the impairment was recognised the impairment is reversed. The reversal is such that the current carrying amount does not exceed what the carrying amount would have been had the impairment not previously been recognised in the profit or loss.

Financial assets are derecognised when a) the contractual rights to the cash flows from the asset expire or are settled, or b) substantially all the risks and rewards of the ownership of the asset are transferred to another party or c) control of the asset has been transferred to another party who has the practical ability to unilaterally sell the asset to an unrelated third party without imposing additional restrictions.

Hancock Machinery Removals Limited

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

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2024 - 2).

4	Intangible assets

	Goodwill  £	Total £
Cost or valuation
At 1 November 2024	61,518	61,518
At 31 October 2025	61,518	61,518
Amortisation
At 1 November 2024	61,518	61,518
At 31 October 2025	61,518	61,518
Carrying amount
At 31 October 2025	-	-

5	Tangible assets

	Motor vehicles  £	Plant and machinery  £	Office equipment £	Total £
Cost or valuation
At 1 November 2024	146,854	656,215	-	803,069
Additions	18,265	20,209	1,750	40,224
At 31 October 2025	165,119	676,424	1,750	843,293
Depreciation
At 1 November 2024	76,247	195,999	-	272,246
Charge for the year	20,696	46,973	15	67,684
At 31 October 2025	96,943	242,972	15	339,930
Carrying amount
At 31 October 2025	68,176	433,452	1,735	503,363
At 31 October 2024	70,607	460,216	-	530,823

Hancock Machinery Removals Limited

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

6

Debtors

	2025 £	2024 £
Trade debtors	21,034	76,891
Other debtors	77,726	-
	98,760	76,891

7

Creditors

		2025 £	2024 £
Due within one year
Bank loans and overdrafts		14,805	24,946
Trade creditors		4,735	6,449
Taxation and social security		-	19,944
Other creditors		17,517	13,119
Directors' loan account		900	27,400
		37,957	91,858