REGISTERED NUMBER: 07286046 (England and Wales)

Unaudited Financial Statements

For The Year Ended 31 March 2026

for

Hackworthy And Sons Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

V Hackworthy

R Hackworthy

K Hackworthy

R Hackworthy

REGISTERED OFFICE:

The Depository

Elliott Road

Prince Rock

Plymouth

Devon

PL4 0SB

REGISTERED NUMBER:

07286046 (England and Wales)

ACCOUNTANTS:

TC Bromhead Limited

Harscombe House

1 Darklake View

Plymouth

Devon

PL6 7TL

FIXED ASSETS

Intangible assets

4

5,338

-

Tangible assets

5

224,448

200,475

229,786

200,475

CURRENT ASSETS

Stocks

11,494

10,194

Debtors

6

175,226

246,361

Cash at bank and in hand

1,476

3,323

188,196

259,878

CREDITORS

Amounts falling due within one year

7

236,437

324,263

NET CURRENT LIABILITIES

(48,241

)

(64,385

)

TOTAL ASSETS LESS CURRENT LIABILITIES

181,545

136,090

CREDITORS

Amounts falling due after more than one year

8

(29,000

)

(14,698

)

PROVISIONS FOR LIABILITIES

(55,945

)

(50,119

)

NET ASSETS

96,600

71,273

CAPITAL AND RESERVES

Called up share capital

200

200

Retained earnings

96,400

71,073

96,600

71,273

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 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 12 October 2026 and were signed on its behalf by:

V Hackworthy - Director

1.	STATUTORY INFORMATION

Hackworthy And Sons 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 comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company's activities. Turnover is shown net of value added tax,returns,rebates and discounts and after eliminating sales within the company.

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.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Development costs are being amortised evenly over their estimated useful life of five years.

Tangible fixed assets

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

Plant and machinery - 15% reducing balance

Motor vehicles - 25% reducing balance

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

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

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 29 (2025 - 32 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

Additions

6,280

At 31 March 2026

6,280

AMORTISATION

Charge for year

942

At 31 March 2026

942

NET BOOK VALUE

At 31 March 2026

5,338

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2025

899,241

Additions

80,354

Disposals

(58,500

)

At 31 March 2026

921,095

DEPRECIATION

At 1 April 2025

698,766

Charge for year

51,483

Eliminated on disposal

(53,602

)

At 31 March 2026

696,647

NET BOOK VALUE

At 31 March 2026

224,448

At 31 March 2025

200,475

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

machinery

etc

£

COST

At 1 April 2025

19,275

Additions

58,000

At 31 March 2026

77,275

DEPRECIATION

At 1 April 2025

5,144

Charge for year

10,578

At 31 March 2026

15,722

NET BOOK VALUE

At 31 March 2026

61,553

At 31 March 2025

14,131

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Trade debtors

111,454

186,597

Other debtors

63,772

59,764

175,226

246,361

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Bank loans and overdrafts

60,290

105,942

Hire purchase contracts (see note 9)

24,032

4,337

Trade creditors

44,019

48,550

Amounts owed to group undertakings

12,813

46,607

Taxation and social security

81,233

98,932

Other creditors

14,050

19,895

236,437

324,263

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.26

31.3.25

£

£

Bank loans

-

10,000

Hire purchase contracts (see note 9)

29,000

4,698

29,000

14,698

9.	LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase

contracts

31.3.26

31.3.25

£

£

Net obligations repayable:

Within one year

24,032

4,337

Between one and five years

29,000

4,698

53,032

9,035

Non-cancellable

operating leases

31.3.26

31.3.25

£

£

Within one year

1,404

3,132

Between one and five years

1,170

-

2,574

3,132

10.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

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

31.3.26

31.3.25

£

£

V Hackworthy

Balance outstanding at start of year

19,930

21,872

Amounts advanced

29,181

28,084

Amounts repaid

(31,812

)

(30,026

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

17,299

19,930

K Hackworthy

Balance outstanding at start of year

26,932

26,278

Amounts advanced

23,863

27,587

Amounts repaid

(27,030

)

(26,933

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

23,765

26,932

R Hackworthy and R Hackworthy

Balance outstanding at start of year

-

-

Amounts advanced

12,461

-

Amounts repaid

(624

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

11,837

-

Overdrawn balances were subject to interest at the HMRC official rate and are repayable on demand.