FOSCO, HAYES, HURDLEY LIMITED


Directors	FEWTRELL, Vicki
	NICHOLAS, David
	SOUTHALL, Christopher John


Company Secretary	FEWTRELL, Vicki


Registered Address	105 Hospital Street
	Birmingham
	B19 3XB


Registered Number	00309724 (England and Wales)

Statement of Financial Position
30 November 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	3		3,332,611		3,353,135
			3,332,611		3,353,135
Current assets
Stocks	4	46,652		116,652
Debtors	5	1,129,095		1,207,084
Cash at bank and on hand		118,129		51,058
		1,293,876		1,374,794
Creditors amounts falling due within one year	6	(1,567,093)		(1,603,517)
Net current assets (liabilities)			(273,217)		(228,723)
Total assets less current liabilities			3,059,394		3,124,412
Creditors amounts falling due after one year	7		(43,714)		(74,762)
Provisions for liabilities	10		(596,995)		(596,995)
Net assets			2,418,685		2,452,655
Capital and reserves
Called up share capital			1,749		1,749
Revaluation reserve			2,119,722		2,119,722
Profit and loss account			297,214		331,184
Shareholders' funds	11		2,418,685		2,452,655

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 Directors acknowledge 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 Board of Directors on 28 August 2026, and are signed on its behalf by:

NICHOLAS, David
Director
Registered Company No. 00309724

FOSCO, HAYES, HURDLEY LIMITED

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
	The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover policy
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.

	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.

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
	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.

	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. Current tax represents the amount of tax payable (receivable) in respect of taxable profit (loss) for the current, or past, reporting periods. Current tax is measured at the amount expected to be paid (recovered) using the tax rates and laws which have been enacted, or substantively enacted, by the balance sheet date. Where payments to HM Revenue and Customs exceed liabilities owed, an asset is recognised to the extent of the amount of tax recoverable.

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.

Current tax represents the amount of tax payable (receivable) in respect of taxable profit (loss) for the current, or past, reporting periods. Current tax is measured at the amount expected to be paid (recovered) using the tax rates and laws which have been enacted, or substantively enacted, by the balance sheet date. Where payments to HM Revenue and Customs exceed liabilities owed, an asset is recognised to the extent of the amount of tax recoverable.

	Deferred tax
	Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

Deferred tax

Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Tangible fixed assets and depreciation
	All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

Tangible fixed assets and depreciation

All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:


	Reducing balance (%)	Straight line (years)
Land and buildings	-	40
Plant and machinery	25	-
Vehicles	25	-

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

2.	Average number of employees


		2025		2024
	Average number of employees during the year	34		36

3.	Tangible fixed assets

	Land & buildings	Plant & machinery	Vehicles	Total
	£	£	£	£
Cost or valuation
At 01 December 24	2,750,000	1,172,490	17,000	3,939,490
Additions	-	35,166	-	35,166
At 30 November 25	2,750,000	1,207,656	17,000	3,974,656
Depreciation and impairment
At 01 December 24	-	582,560	3,795	586,355
Charge for year	9,050	43,692	2,948	55,690
At 30 November 25	9,050	626,252	6,743	642,045
Net book value
At 30 November 25	2,740,950	581,404	10,257	3,332,611
At 30 November 24	2,750,000	589,930	13,205	3,353,135

4.	Stocks

	2025	2024
	£	£
Raw materials and consumables	46,652	116,652
Total	46,652	116,652

5.	Debtors: amounts due within one year

	2025	2024
	£	£
Trade debtors / trade receivables	926,628	986,550
Other debtors	172,983	196,313
Prepayments and accrued income	29,484	24,221
Total	1,129,095	1,207,084

6.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	523,667	517,947
Bank borrowings and overdrafts	25,000	50,000
Taxation and social security	172,896	188,770
Finance lease and HP contracts	30,048	17,259
Other creditors	763,053	766,326
Accrued liabilities and deferred income	52,429	63,215
Total	1,567,093	1,603,517

7.	Creditors: amounts due after one year

	2025	2024
	£	£
Bank borrowings and overdrafts	-	25,000
Other creditors	43,714	49,762
Total	43,714	74,762

8.	Secured creditors
	Bank loans and overdrafts are secured by way of fixed and floating charge over the undertaking and all property and assets present and future, including goodwill, book debts, uncalled capital, buildings, fixtures, fixed plant & machinery. Hire purchase agreements are secured on the individual assets concerned.

9.	Obligations under finance leases

		2025		2024
		£		£
	Finance lease and HP contracts	73,762		67,021

10.	Provisions for liabilities

	2025	2024
	£	£
Net deferred tax liability (asset)	596,995	596,995
Total	596,995	596,995

11.	Revaluation reserve


		£
	Reserve at 01 December 24	2,119,722
	At 30 November 25	2,119,722

12.	Controlling party
	The ultimate controlling party is D Nicholas.