HubMe Limited 13184790 false 2021-02-08 2022-02-28 2022-02-28 The principal activity of the company is the operation of a commercial property. Digita Accounts Production Advanced 6.30.9574.0 true 13184790 2021-02-08 2022-02-28 13184790 2022-02-28 13184790 core:ShareCapital 2022-02-28 13184790 core:CurrentFinancialInstruments 2022-02-28 13184790 core:CurrentFinancialInstruments core:WithinOneYear 2022-02-28 13184790 bus:SmallEntities 2021-02-08 2022-02-28 13184790 bus:AuditExemptWithAccountantsReport 2021-02-08 2022-02-28 13184790 bus:FullAccounts 2021-02-08 2022-02-28 13184790 bus:SmallCompaniesRegimeForAccounts 2021-02-08 2022-02-28 13184790 bus:RegisteredOffice 2021-02-08 2022-02-28 13184790 bus:Director1 2021-02-08 2022-02-28 13184790 bus:Director2 2021-02-08 2022-02-28 13184790 bus:PrivateLimitedCompanyLtd 2021-02-08 2022-02-28 13184790 countries:AllCountries 2021-02-08 2022-02-28 iso4217:GBP xbrli:pure

Registration number: 13184790

HubMe Limited

Filleted Annual Report and Unaudited Financial Statements

for the Period from 8 February 2021 to 28 February 2022

 

HubMe Limited

Contents

Company Information

1

Statement of Financial Position

2

Notes to the Unaudited Financial Statements

3 to 4

 

HubMe Limited

Company Information

Directors

J F Simpson

C G Simpson

Registered office

12b Armstrong Court
North Seaton Industrial Estate
Ashington
Northumberland
NE63 0YE

Accountants

Azets
Bulman House
Regent Centre
Gosforth
Newcastle upon Tyne
NE3 3LS

 

HubMe Limited

(Registration number: 13184790)
Statement of Financial Position as at 28 February 2022

Note

2022
£

Current assets

 

Debtors

4

100

Cash at bank and in hand

 

947

 

1,047

Creditors: Amounts falling due within one year

5

(947)

Net assets

 

100

Capital and reserves

 

Called up share capital

100

Total equity

 

100

For the financial period ending 28 February 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Income Statement has been taken.

Approved and authorised by the Board on 13 September 2022 and signed on its behalf by:
 

.........................................
J F Simpson
Director

 

HubMe Limited

Notes to the Unaudited Financial Statements for the Period from 8 February 2021 to 28 February 2022

1

General information

The company is a private company limited by share capital, incorporated in England & Wales.

The address of its registered office is 12b Armstrong Court, North Seaton Industrial Estate, Ashington, Northumberland, NE63 0YE.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention.

These financial statements are prepared in sterling which is the functional currency of the entity.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the provision of services in the ordinary course of the company’s activities. Turnover is shown net of value added tax, returns, rebates and discounts.

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.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

 

HubMe Limited

Notes to the Unaudited Financial Statements for the Period from 8 February 2021 to 28 February 2022 (continued)

2

Accounting policies (continued)

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Staff numbers

The average number of persons employed by the company (including directors) during the period, was 0.

4

Debtors

2022
£

Other debtors

100

100

5

Creditors

Creditors: amounts falling due within one year

2022
£

Due within one year

Other creditors

947

6

Related party transactions

During the period, the company received rental income from Mountain Dog Limited, a company under common control. At the period end, an amount of £947 was owed to Mountain Dog Limited.