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2024-11-30 09305913 dpl:GroupUndertakings 2023-12-01 2024-11-30 09305913 dpl:ParticipatingInterests 2023-12-01 2024-11-30 09305913 dpl:GroupUndertakings core:ListedExchangeTraded 2023-12-01 2024-11-30 09305913 core:ListedExchangeTraded 2023-12-01 2024-11-30 09305913 dpl:GroupUndertakings core:UnlistedNon-exchangeTraded 2023-12-01 2024-11-30 09305913 core:UnlistedNon-exchangeTraded 2023-12-01 2024-11-30 09305913 core:NetGoodwill 2025-11-30 09305913 core:IntangibleAssetsOtherThanGoodwill 2025-11-30 09305913 core:LandBuildings 2025-11-30 09305913 core:PlantMachinery 2025-11-30 09305913 core:Vehicles 2025-11-30 09305913 core:FurnitureFittings 2025-11-30 09305913 core:OfficeEquipment 2025-11-30 09305913 core:AfterOneYear 2025-11-30 09305913 core:WithinOneYear 2025-11-30 09305913 core:ListedExchangeTraded 2025-11-30 09305913 core:UnlistedNon-exchangeTraded 2025-11-30 09305913 core:ShareCapital 2025-11-30 09305913 core:SharePremium 2025-11-30 09305913 core:RevaluationReserve 2025-11-30 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HATTAM CARPENTERS LTD

Registered Number
09305913
(England and Wales)

Unaudited Financial Statements for the Year ended
30 November 2025

HATTAM CARPENTERS LTD
Company Information
for the year from 1 December 2024 to 30 November 2025

Director | Mr A P Rattenbury

Registered Address | 2 Endeavour House Parkway Court
| Longbridge Road
| Plymouth
| PL6 8LR

Place of Business | 19 Doulton Road
| St Austell
| PL25 3JA

Registered Number | 09305913 (England and Wales)

HATTAM CARPENTERS LTD
Statement of Financial Position
30 November 2025

| Notes | 2025 |  | 2024
--- | --- | --- | --- | ---
|  | £ |  | £ |  | £ |  | £
Fixed assets |  |  |  |  |  |  |  |
Intangible assets | 3 |  |  | 79,167 |  |  |  | 129,167
Tangible assets | 4 |  |  | 119,944 |  |  |  | 117,873
Investment property | 5 |  |  | 189,000 |  |  |  | 180,000
|  |  |  | 388,111 |  |  |  | 427,040
Current assets |  |  |  |  |  |  |  |
Stocks | 6 | 3,825 |  |  |  | 4,332 |  |
Debtors | 7 | 624,927 |  |  |  | 548,845 |  |
Cash at bank and on hand |  | 157,287 |  |  |  | 212,157 |  |
|  | 786,039 |  |  |  | 765,334 |  |
Creditors amounts falling due within one year | 8 | (348,973) |  |  |  | (308,660) |  |
Net current assets (liabilities) |  |  |  | 437,066 |  |  |  | 456,674
Total assets less current liabilities |  |  |  | 825,177 |  |  |  | 883,714
Creditors amounts falling due after one year | 9 |  |  | (39,780) |  |  |  | (89,415)
Provisions for liabilities | 12 |  |  | (17,642) |  |  |  | (12,343)
Net assets |  |  |  | 767,755 |  |  |  | 781,956
Capital and reserves |  |  |  |  |  |  |  |
Called up share capital |  |  |  | 1 |  |  |  | 1
Other reserves |  |  |  | 7,942 |  |  |  | 4,702
Profit and loss account |  |  |  | 759,812 |  |  |  | 777,253
Shareholders' funds | 14 |  |  | 767,755 |  |  |  | 781,956

- The company was entitled to exemption from audit for this reporting period under section 477 of the Companies Act 2006 relating to small companies.
- The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
- The Director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
- These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
- The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Director on 6 August 2026, and are signed on its behalf by:
Mr A P Rattenbury Director Registered Company No. 09305913

HATTAM CARPENTERS LTD
Notes to the Financial Statements
for the year ended 30 November 2025

1. | Accounting policies
--- | ---

| Statutory information
--- | ---
| The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

| Statement of compliance
--- | ---
| These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and with the Companies Act 2006.

| Basis of preparation
--- | ---
| The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

| Turnover policy
--- | ---
| Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

| Revenue from rendering of services
--- | ---
| Revenue from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

| Employee benefits
--- | ---
| Short-term employee benefits are measured at the undiscounted amount expected to be paid in exchange for the employee's services to the company. Where employees have accrued short-term benefits which the entity has not paid by the balance sheet date, an accrual is recognised within creditors: amounts falling due within one year together with an associated expense in profit or loss. The liabilities are classified as current obligations in the statement of financial position because they are expected to be settled wholly within twelve months after the end of the period.

| Defined contribution pension plan
--- | ---
| Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted net present value basis. The unwinding of the discount is recognised in finance costs in profit or loss in the period in which it arises.

| Current taxation
--- | ---
| Current tax is recognised in profit or loss, except for taxes related to revaluations of land and buildings which are recognised in other comprehensive income. The taxation expense represents the current tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

| Deferred tax
--- | ---
| Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

| Intangible assets
--- | ---
| Intangible assets are stated at cost less accumulated amortisation and accumulated impairment losses. The assets are reviewed for impairment if the above factors indicate that the carrying amount may be impaired. Amortisation is included in 'administrative expenses' in the profit and loss account.

| Goodwill
--- | ---
| Goodwill arising on an acquisition of a business is carried at cost less accumulated impairment losses, if any. Goodwill is amortised over its expected useful life which is estimated to be ten years. Goodwill is assessed for impairment when there are indicators of impairment and any impairment is charged to the income statement. No reversals of impairment are recognised.

| Tangible fixed assets and depreciation
--- | ---
| Tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in capital and reserves, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess shall be recognised in profit or loss. Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life. If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.

| Investment property
--- | ---
| Investment property is measured initially at cost, which includes purchase price and any directly attributable expenditure. Investment property is revalued to its fair value at each reporting date and any changes in fair value are recognised in profit or loss. Investment properties are valued by the directors, on an open market value for existing use basis.

| Finance leases and hire purchase contracts
--- | ---
| Assets held under finance leases which are leases where substantially all the risks and rewards of ownership of the asset have passed to the company, and hire purchase contracts are capitalised in the balance sheet. They are depreciated over the shorter of their useful lives or the term of the lease.

| Stocks and work in progress
--- | ---
| Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stocks to their present location and condition. Work in progress is valued using the percentage of completion method and values are calculated using the lower of cost and estimated selling price less costs to complete and sell. When stocks are sold, the carrying amount of those stocks is recognised as an expense within cost of sales. This takes place in the same period that the associated revenue is recognised.

2. | Average number of employees
--- | ---

|  | 2025 |  | 2024
| Average number of employees during the year | 10 |  | 9

3. | Intangible assets
--- | ---

|  | Goodwill |  | Total
--- | --- | --- | --- | ---
|  | £ |  | £
| Cost or valuation
| At 01 December 24 | 500,000 |  | 500,000
| At 30 November 25 | 500,000 |  | 500,000
| Amortisation and impairment
| At 01 December 24 | 370,833 |  | 370,833
| Charge for year | 50,000 |  | 50,000
| At 30 November 25 | 420,833 |  | 420,833
| Net book value
| At 30 November 25 | 79,167 |  | 79,167
| At 30 November 24 | 129,167 |  | 129,167

4. | Tangible fixed assets
--- | ---

|  | Land & buildings |  | Plant & machinery |  | Vehicles |  | Total
--- | --- | --- | --- | --- | --- | --- | --- | ---
|  | £ |  | £ |  | £ |  | £
| Cost or valuation
| At 01 December 24 | 67,743 |  | 7,256 |  | 73,050 |  | 148,049
| Additions | 1,639 |  | - |  | 14,999 |  | 16,638
| Disposals | - |  | - |  | (10,299) |  | (10,299)
| At 30 November 25 | 69,382 |  | 7,256 |  | 77,750 |  | 154,388
| Depreciation and impairment
| At 01 December 24 | 70 |  | 3,616 |  | 26,490 |  | 30,176
| Charge for year | 439 |  | 876 |  | 11,102 |  | 12,417
| On disposals | - |  | - |  | (8,149) |  | (8,149)
| At 30 November 25 | 509 |  | 4,492 |  | 29,443 |  | 34,444
| Net book value
| At 30 November 25 | 68,873 |  | 2,764 |  | 48,307 |  | 119,944
| At 30 November 24 | 67,673 |  | 3,640 |  | 46,560 |  | 117,873

5. | Investment property
--- | ---

|  | £
| Fair value at 01 December 24 | 180,000
| Additions | 4,215
| Fair value adjustments | 4,785
| At 30 November 25 | 189,000

6. | Stocks
--- | ---

|  | 2025 |  | 2024
--- | --- | --- | --- | ---
|  | £ |  | £
| Raw materials and consumables | 3,825 |  | 4,332
| Total | 3,825 |  | 4,332

7. | Debtors: amounts due within one year
--- | ---

|  | 2025 |  | 2024
--- | --- | --- | --- | ---
|  | £ |  | £
| Trade debtors / trade receivables | 604,942 |  | 534,189
| Other debtors | 15,784 |  | 9,925
| Prepayments and accrued income | 4,201 |  | 4,731
| Total | 624,927 |  | 548,845

8. | Creditors: amounts due within one year
--- | ---

|  | 2025 |  | 2024
--- | --- | --- | --- | ---
|  | £ |  | £
| Trade creditors / trade payables | 89,766 |  | 87,478
| Taxation and social security | 58,541 |  | 45,619
| Finance lease and HP contracts | 9,636 |  | 6,027
| Other creditors | 131,753 |  | 117,382
| Accrued liabilities and deferred income | 59,277 |  | 52,154
| Total | 348,973 |  | 308,660

9. | Creditors: amounts due after one year
--- | ---

|  | 2025 |  | 2024
--- | --- | --- | --- | ---
|  | £ |  | £
| Other creditors | 39,780 |  | 89,415
| Total | 39,780 |  | 89,415

10. | Secured creditors
--- | ---
| Included within creditors are loans of £79,167 (2024: £129,167), secured by a personal guarantee.

11. | Obligations under finance leases
--- | ---

|  | 2025 |  | 2024
--- | --- | --- | --- | ---
|  | £ |  | £
| Finance lease and HP contracts | 20,248 |  | 16,275

12. | Provisions for liabilities
--- | ---

|  | 2025 |  | 2024
--- | --- | --- | --- | ---
|  | £ |  | £
| Net deferred tax liability (asset) | 17,642 |  | 12,343
| Total | 17,642 |  | 12,343

13. | Share capital
--- | ---
| Ordinary shares of £1 each, issued called up and fully paid £1 (2024: £1).

14. | Fair value reserve
--- | ---

|  | £
| Fair value reserve at 01 December 24 | 4,702
| Transferred in period | 3,240
| At 30 November 25 | 7,942