HERRON DEMOLITION LTD - Accounts to registrar (filleted)

REGISTERED NUMBER: 07540522 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2026

for

HERRON DEMOLITION LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

D Herron

REGISTERED OFFICE:

THE MACKEM BAR HENDON ROAD

HENDON

SUNDERLAND

Tyne and Wear

SR2 8AS

REGISTERED NUMBER:

07540522 (England and Wales)

FIXED ASSETS

Intangible assets

4

-

Tangible assets

5

58,607

60,237

58,607

60,237

CURRENT ASSETS

Stocks

15,000

30,000

Debtors

6

84,947

111,850

Cash in hand

500

-

100,447

141,850

CREDITORS

Amounts falling due within one year

7

569,186

399,001

NET CURRENT LIABILITIES

(468,739

)

(257,151

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

(410,132

)

(196,914

)

CREDITORS

Amounts falling due after more than one
year

8

(47,818

)

(146,389

)

PROVISIONS FOR LIABILITIES

-

(10,300

)

NET LIABILITIES

(457,950

)

(353,603

)

CAPITAL AND RESERVES

Called up share capital

2

Retained earnings

(457,952

)

(353,605

)

SHAREHOLDERS' FUNDS

(457,950

)

(353,603

)

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 28 July 2026 and were signed by:

D Herron - Director

1.	STATUTORY INFORMATION

HERRON DEMOLITION 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.

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, being the amount paid in connection with the acquisition of a business in 2012, is being amortised evenly over its estimated useful life of four years.

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.

Plant and machinery etc

-

25% on reducing balance

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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 21 (2025 - 23 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2025

and 31 March 2026

42,000

AMORTISATION

At 1 April 2025

and 31 March 2026

42,000

NET BOOK VALUE

At 31 March 2026

-

At 31 March 2025

-

5.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

COST

At 1 April 2025

6,800

196,599

203,399

Additions

-

10,417

Disposals

-

(22,345

)

(22,345

)

At 31 March 2026

6,800

184,671

191,471

DEPRECIATION

At 1 April 2025

6,800

136,362

143,162

Charge for year

-

12,047

Eliminated on disposal

-

(22,345

)

(22,345

)

At 31 March 2026

6,800

126,064

132,864

NET BOOK VALUE

At 31 March 2026

-

58,607

At 31 March 2025

-

60,237

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

Trade debtors

81,947

48,000

Other debtors

3,000

63,850

84,947

111,850

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

Bank loans and overdrafts

318,865

182,354

Trade creditors

32,231

12,790

Taxation and social security

125,183

127,368

Other creditors

92,907

76,489

569,186

399,001

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

31.3.26

31.3.25

£

Other creditors

47,818

146,389