HILLCREST (CONSTRUCTION) GROUP LIMITED


Directors	HILL, Fleur Amanda
	HILL, Marcus Simon


Registered Address	1 Higham Cottages Higham Road
	Higham Gobion
	Hitchin
	SG5 3HN


Registered Number	14880827 (England and Wales)

Statement of Financial Position
31 May 2026

	Notes	2026		2025
		£	£	£	£
Current assets
Stocks		805,728		50,000
Debtors	3	663,666		183,004
Cash at bank and on hand		7,829		35,922
		1,477,223		268,926
Creditors amounts falling due within one year	4	(1,218,763)		(159,047)
Net current assets (liabilities)			258,460		109,879
Total assets less current liabilities			258,460		109,879
Net assets			258,460		109,879
Capital and reserves
Called up share capital			100		100
Profit and loss account			258,360		109,779
Shareholders' funds			258,460		109,879

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 members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved and authorised for issue by the Board of Directors on 6 October 2026, and are signed on its behalf by:

HILL, Marcus Simon
Director
Registered Company No. 14880827

HILLCREST (CONSTRUCTION) GROUP LIMITED

Notes to the Financial Statements
for the year ended 31 May 2026

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).

	Functional and presentation currency
	The financial statements are presented in sterling and this is the functional currency of the company.

	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.

	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.

	Stocks and work in progress
	Stock is valued at the lower of cost and estimated selling price less costs to complete and sell. The cost methodology employed by the entity is the first-in first-out method. Estimated selling price less costs to complete and sell are derived from the selling price which the goods would fetch in an open market transaction with established customers less the costs expected to be incurred to enable the sale to complete. Provision is made for slow-moving and obsolete items of stock. Such provisions are recognised in profit or loss. 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.

Stocks and work in progress

Stock is valued at the lower of cost and estimated selling price less costs to complete and sell. The cost methodology employed by the entity is the first-in first-out method. Estimated selling price less costs to complete and sell are derived from the selling price which the goods would fetch in an open market transaction with established customers less the costs expected to be incurred to enable the sale to complete. Provision is made for slow-moving and obsolete items of stock. Such provisions are recognised in profit or loss.

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


		2026		2025
	Average number of employees during the year	0		0

3.	Debtors: amounts due within one year

	2026	2025
	£	£
Trade debtors / trade receivables	611,271	166,571
Other debtors	50,034	15,933
Prepayments and accrued income	2,361	500
Total	663,666	183,004

4.	Creditors: amounts due within one year

	2026	2025
	£	£
Trade creditors / trade payables	1,062,196	114,841
Taxation and social security	138,010	30,141
Other creditors	15,992	12,000
Accrued liabilities and deferred income	2,565	2,065
Total	1,218,763	159,047

5.	Related party transactions
	Marcus Hill, a director and major shareholder of the company, is also the sole director and shareholder of Hillcrest Consultants Limited. During the year Hillcrest (Construction) Group Limited paid Hillcrest Consultants Limited £408,864 (2025: £28,947) for professional services rendered. The balance due to Hillcrest Consultants Limited at the year-end was £274,918 (2025: £0). The outstanding creditor is shown in trade creditors. Hillcrest Consultants Limited also loaned £12,000 to Hillcrest (Construction) Group Limited and this balance was still outstanding at the year-end and is shown in other creditors.

Related party transactions

Marcus Hill, a director and major shareholder of the company, is also the sole director and shareholder of Hillcrest Consultants Limited. During the year Hillcrest (Construction) Group Limited paid Hillcrest Consultants Limited £408,864 (2025: £28,947) for professional services rendered. The balance due to Hillcrest Consultants Limited at the year-end was £274,918 (2025: £0). The outstanding creditor is shown in trade creditors.
Hillcrest Consultants Limited also loaned £12,000 to Hillcrest (Construction) Group Limited and this balance was still outstanding at the year-end and is shown in other creditors.

6.	Controlling party
	Ultimate control of the company lies with M. S. Hill.