Hodge Construction (UK) LTD,Ltd - AccountsLtd - Accounts

Hodge Construction (UK) LTD,Ltd - AccountsLtd - Accounts

HODGE CONSTRUCTION (UK) LIMITED - Company Information

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2022-09-01 SC209832 2023-08-31 SC209832 2022-09-01 2023-08-31 SC209832 2022-08-31 SC209832 2021-09-01 2022-08-31 SC209832 uk-core:WithinOneYear 2022-08-31 SC209832 uk-core:WithinOneYear 2023-08-31 SC209832 uk-core:AfterOneYear 2022-08-31 SC209832 uk-core:AfterOneYear 2023-08-31 SC209832 uk-core:ShareCapital 2023-08-31 SC209832 uk-core:ShareCapital 2022-08-31 SC209832 uk-core:RetainedEarningsAccumulatedLosses 2023-08-31 SC209832 uk-core:RetainedEarningsAccumulatedLosses 2022-08-31 SC209832 uk-bus:Director1 2022-09-01 2023-08-31 SC209832 uk-bus:Director2 2022-09-01 2023-08-31 SC209832 uk-core:PlantMachinery 2022-09-01 2023-08-31 SC209832 uk-core:ToolsEquipment 2022-09-01 2023-08-31 SC209832 uk-core:CommercialMotorVehicles 2022-09-01 2023-08-31 SC209832 uk-core:FurnitureFittings 2022-09-01 2023-08-31 SC209832 uk-core:ToolsEquipment 2022-08-31 SC209832 uk-core:FurnitureFittings 2022-08-31 SC209832 uk-core:CommercialMotorVehicles 2022-08-31 SC209832 uk-core:PlantMachinery 2022-08-31 SC209832 uk-core:Land 2022-08-31 SC209832 uk-core:Land 2023-08-31 SC209832 uk-core:CommercialMotorVehicles 2023-08-31 SC209832 uk-core:FurnitureFittings 2023-08-31 SC209832 uk-core:ToolsEquipment 2023-08-31 SC209832 uk-core:PlantMachinery 2023-08-31 SC209832 uk-core:Land 2022-09-01 2023-08-31 SC209832 uk-core:AfterOneYear uk-core:Secured 2023-08-31 SC209832 uk-core:AfterOneYear uk-core:Secured 2022-08-31 iso4217:GBP xbrli:pure SC209832 uk-bus:AuditExemptWithAccountantsReport 2022-09-01 2023-08-31 SC209832 uk-bus:FRS102 2022-09-01 2023-08-31 SC209832 uk-bus:FilletedAccounts 2022-09-01 2023-08-31 SC209832 uk-bus:PrivateLimitedCompanyLtd 2022-09-01 2023-08-31
Hodge Construction (UK) LTD
Registered Number:SC209832
For the year ended 31 August 2023
Scotland
Unaudited Financial Statements
2
For the year ended 31 August 2023
Hodge Construction (UK) LTD
Contents Page
1
Statement of Financial Position
2 to 5
Notes to the Financial Statements
3
Registered Number :
SC209832
As at 31 August 2023
Hodge Construction (UK) LTD
Statement of Financial Position
£
£
2022
2023
Notes
Fixed assets
Property, plant and equipment
62,747
66,334
2
62,747
66,334
Current assets
Inventories
32,117
33,269
3
Trade and other receivables
308,054
277,533
4
32,701
Cash and cash equivalents
43,038
353,840
372,872
Trade and other payables: amounts falling due within one year
(108,822)
(99,438)
5
264,050
254,402
Net current assets
Total assets less current liabilities
317,149
330,384
Trade and other payables: amounts falling due after more than one
year
(39,957)
(36,801)
6
280,348
Net assets
290,427
Capital and reserves
Called up share capital
2
2
Retained earnings
280,346
290,425
280,348
290,427
Shareholders' funds
For the year ended 31 August 2023 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2023 in accordance with Section 476 of the Companies Act 2006
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section 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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Mr Gary Frew Director
Mr Thomas Hodge Director
These financial statements were approved and authorised for issue by the Board on 30 May 2024 and were signed by:
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4
Registered Number :
SC209832
For the year ended 31 August 2023
Hodge Construction (UK) LTD
Statement of Financial Position Continued
The notes form part of these financial statements
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5
For the year ended 31 August 2023
Hodge Construction (UK) LTD
Notes to the Financial Statements
Statutory Information
Hodge Construction (UK) LTD is a private limited company, limited by shares, domiciled in Scotland, registration number
SC209832.
Registered address:
Station Road
Grangemouth
FK3 8DG
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial Reporting Standard
102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The
financial statements have been prepared under the historical costs convention as modified by the revaluation of certain assets.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Plant and machinery
20% Reducing balance
33% per annum on cost
Computer equipment
25% Reducing balance
Motor vehicles
15% Reducing balance
Fixtures and fittings
No depreciation is provided on the company''s freehold properties since in the opinion of the directors the expected useful lives
are sufficiently long and the estimated residual values are sufficiently high that any such depreciation would be immaterial. The
directors undertake an annual impairment review of these properties.
Inventories
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
Hire purchase and leasing commitments
Rentals payable under operating leases are charged against income on a straight line basis over the lease term. The finance element of the rental payment is charged to the profit and loss account on a straight line basis.
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6
For the year ended 31 August 2023
Hodge Construction (UK) LTD
Notes to the Financial Statements Continued
2. Property, plant and equipment
Total
Computer
equipment
Fixtures and
fittings
Motor vehicles
Plant and
machinery
Land and
buildings
£
£
£
£
£
£
Cost or valuation
At 01 September
2022
207,277
1,164
49,031
95,007
14,075
48,000
At 31 August 2023
48,000
95,007
49,031
1,164
207,277
14,075
Provision for depreciation and impairment
At 01 September
2022
140,943
1,164
40,242
87,794
11,743
-
Charge for year
3,587
-
1,318
1,803
466
-
At 31 August 2023
144,530
1,164
41,560
89,597
12,209
-
At 31 August 2023
Net book value
48,000
1,866
5,410
7,471
-
62,747
48,000
2,332
7,213
8,789
-
66,334
At 31 August 2022
3. Inventories
2022
2023
£
£
Stocks
33,269
32,117
4. Trade and other receivables
2022
2023
£
£
Trade debtors
277,533
308,054
5. Trade and other payables: amounts falling due within one year
2022
2023
£
£
Trade creditors
57,535
68,055
Taxation and social security
32,420
31,284
Other creditors
9,483
9,483
99,438
108,822
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7
For the year ended 31 August 2023
Hodge Construction (UK) LTD
Notes to the Financial Statements Continued
6. Trade and other payables: amounts falling due after more than one year
2022
2023
£
£
Bank loans and overdraft
36,095
39,251
Other creditors
706
706
36,801
39,957
7. Average number of persons employed
During the year the average number of employees was 10 (2022 : 10)
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