REGISTERED NUMBER: 15892538 (England and Wales)

Unaudited Financial Statements

for the Period 12 August 2024 to 31 August 2025

for

Hertz Construction Ltd

Page

Balance Sheet

1

Notes to the Financial Statements

2

FIXED ASSETS

Tangible assets

5

12,113

CURRENT ASSETS

Stocks

2,000

Debtors

6

14,421

Cash at bank

21,749

38,170

CREDITORS

Amounts falling due within one year

7

48,698

NET CURRENT LIABILITIES

(10,528

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,585

PROVISIONS FOR LIABILITIES

1,083

NET ASSETS

502

CAPITAL AND RESERVES

Called up share capital

100

Retained earnings

402

502

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 August 2025.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 August 2025 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 12 August 2026 and were signed by:

Mr CM Musk - Director

1.	STATUTORY INFORMATION

Hertz Construction Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

15892538

Registered office:

18-20 High Street

Stevenage

United Kingdom

Hertfordshire

SG1 3EJ

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Significant judgements and estimates

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Turnover

Turnover comprises the fair value of the consideration received or receivable for the 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.

Income from services is recognised in the period in which the services are delivered. Where income is received in advance of the service being provided or performance obligations being met, it is deferred and recognised as a liability in the balance sheet. This income is subsequently recognised in the profit and loss account when the service is delivered or the performance obligation is satisfied.

Tangible fixed 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

Computer equipment

25% straight line

Motor vehicles

33% reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the period comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 period 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.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits.

Trade debtors

Trade debtors are amounts due from customers for services performed in the ordinary course of business.

Trade debtors are recognised at the transaction price.

Trade debtors are reviewed for bad debts on an annual basis. Any adjustment is made accordingly through the profit and loss account.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. 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.

Trade creditors are recognised at the transaction price.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company's shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Going concern

At the balance sheet date, the company had net current liabilities of £10,528 and retained earnings of £402. The director has pledged to continue to financially support the company for the foreseeable future. On this basis, the director feels it is appropriate to prepare these financial statements on a going concern basis.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 .

5.	TANGIBLE FIXED ASSETS

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

Additions

11,478

5,575

17,053

At 31 August 2025

11,478

5,575

17,053

DEPRECIATION

Charge for period

4,103

837

4,940

At 31 August 2025

4,103

837

4,940

NET BOOK VALUE

At 31 August 2025

7,375

4,738

12,113

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Other debtors

2,685

Directors' current accounts

11,736

14,421

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Trade creditors

2,681

Tax

26,543

Social security and other taxes

5,243

VAT

11,058

Other creditors

200

Accrued expenses

2,973

48,698

8.	RELATED PARTY TRANSACTIONS

The following advances and credits to a director subsisted during the period ended 31 August 2025:

£

Mr CM Musk

Balance outstanding at start of period

-

Amounts advanced

226,990

Amounts repaid

(215,254

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of period

11,736

Interest is being charged on this loan at a market rate. £6,746 of this loan was paid off by 31st May 2026.

9.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr C Musk by virtue of his shareholdings.

10.	SHARE CAPITAL

Allotted, called up and fully paid shares

2025

No.

£

Ordinary shares of £1 each

100

100

11.

DIVIDENDS

2025

£

Interim dividend of £735 per ordinary share

73,500