REGISTERED NUMBER: 12499548 (England and Wales)

HB (MASONRY) LIMITED

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

S D Race

S Race

SECRETARY:

S Race

REGISTERED OFFICE:

Unit 5 Hunter Park

Callywhite Lane

Dronfield

Derbyshire

S18 2XR

REGISTERED NUMBER:

12499548 (England and Wales)

ACCOUNTANTS:

Ian R Collins & Co

The Bridge House

Mill Lane

Dronfield

Derbyshire

S18 2XL

FIXED ASSETS

Tangible assets

4

69,374

87,348

CURRENT ASSETS

Stocks

183,372

72,064

Debtors

5

40,837

68,208

Cash at bank

270,774

678,406

494,983

818,678

CREDITORS

Amounts falling due within one year

6

(55,322

)

(305,008

)

NET CURRENT ASSETS

439,661

513,670

TOTAL ASSETS LESS CURRENT LIABILITIES

509,035

601,018

PROVISIONS FOR LIABILITIES

(13,181

)

(16,596

)

NET ASSETS

495,854

584,422

CAPITAL AND RESERVES

Called up share capital

6

6

Retained earnings

495,848

584,416

495,854

584,422

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2026 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 11th August 2026 and were signed on its behalf by:

S D Race - Director

1.	STATUTORY INFORMATION

HB (Masonry) Limited 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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

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 3 (2025 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1st April 2025

106,518

Additions

25,040

Disposals

(21,938

)

At 31st March 2026

109,620

DEPRECIATION

At 1st April 2025

19,170

Charge for year

27,026

Eliminated on disposal

(5,950

)

At 31st March 2026

40,246

NET BOOK VALUE

At 31st March 2026

69,374

At 31st March 2025

87,348

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Other debtors

40,837

68,208

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade creditors

49,085

163,946

Taxation and social security

6,237

140,285

Other creditors

-

777

55,322

305,008

7.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31st March 2026 and 31st March 2025:

2026

2025

£

£

S Race

Balance outstanding at start of year

3

-

Amounts advanced

18,328

3

Amounts repaid

(14,985

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

2,565

3

S D Race

Balance outstanding at start of year

(778

)

-

Amounts advanced

472

-

Amounts repaid

(475

)

(778

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

(778

)