Hillsdon and Sons Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 01745034 (England and Wales)

Financial Statements for the Year Ended 30 April 2019

for

Hillsdon and Sons Limited

Trading as

Hillsdon Construction

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Report of the Accountants

7

DIRECTORS:

D J Hillsdon

Mrs L M Hillsdon

SECRETARY:

Mrs J Pepler

REGISTERED OFFICE:

Unit 16 W & G Industrial Estate

Faringdon Road

East Challow

Wantage

Oxfordshire

OX12 9TF

REGISTERED NUMBER:

01745034 (England and Wales)

ACCOUNTANTS:

Westell

Accountants

3 Bradfield Court

Drayton Mill, Milton Road

Drayton

Abingdon

Oxfordshire

OX14 4EF

FIXED ASSETS

Tangible assets

4

131,839

124,496

Investments

5

2

2

131,841

124,498

CURRENT ASSETS

Stocks

274,294

63,766

Debtors

6

815,576

1,142,995

Cash at bank and in hand

441,800

329,004

1,531,670

1,535,765

CREDITORS

Amounts falling due within one year

7

676,548

683,933

NET CURRENT ASSETS

855,122

851,832

TOTAL ASSETS LESS CURRENT LIABILITIES

986,963

976,330

PROVISIONS FOR LIABILITIES

9,317

23,439

NET ASSETS

977,646

952,891

CAPITAL AND RESERVES

Called up share capital

8,650

8,650

Retained earnings

968,996

944,241

SHAREHOLDERS' FUNDS

977,646

952,891

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2019 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 on 30 January 2020 and were signed on its behalf by:

D J Hillsdon - Director

1.	STATUTORY INFORMATION

Hillsdon 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 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.

Land and buildings

-

in accordance with the property

Plant and machinery etc

-

25% on cost

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 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 17 (2018 - 17 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 May 2018

81,758

182,611

264,369

Additions

-

34,186

34,186

Disposals

-

(7,580

)

(7,580

)

At 30 April 2019

81,758

209,217

290,975

DEPRECIATION

At 1 May 2018

-

139,873

139,873

Charge for year

-

26,843

26,843

Eliminated on disposal

-

(7,580

)

(7,580

)

At 30 April 2019

-

159,136

159,136

NET BOOK VALUE

At 30 April 2019

81,758

50,081

131,839

At 30 April 2018

81,758

42,738

124,496

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1 May 2018

and 30 April 2019

2

NET BOOK VALUE

At 30 April 2019

2

At 30 April 2018

2

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.19

30.4.18

£

£

Trade debtors

639,459

970,594

Amounts owed by group undertakings

160,000

160,000

Other debtors

16,117

12,401

815,576

1,142,995

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.19

30.4.18

£

£

Bank loans and overdrafts

-

11,031

Trade creditors

590,072

596,963

Taxation and social security

24,145

35,505

Other creditors

62,331

40,434

676,548

683,933

The following reproduces the text of the report prepared for the directors in respect of the company's annual

unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file

a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the

Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 30 April 2019 set out on pages three to eight and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

Westell

Accountants

3 Bradfield Court

Drayton Mill, Milton Road

Drayton

Abingdon

Oxfordshire

OX14 4EF

Date: .............................................