Company Registration No. 4633752 (England and Wales)
A & RA HULBERT LIMITED
Unaudited accounts
for the year ended 31 March 2023
A & RA HULBERT LIMITED
Unaudited accounts
Contents
A & RA HULBERT LIMITED
Company Information
for the year ended 31 March 2023
Directors
Mr J A Hulbert
Miss E E Hubert
Company Number
4633752 (England and Wales)
Registered Office
84 Heaton Moor Road
Heaton Moor
STOCKPORT
Cheshire
SK4 4NZ
UK
Accountants
Ian Afflick
61Tatton Road North
Heaton Moor
Stockport
Cheshire
SK4 4QX
A & RA HULBERT LIMITED
Statement of financial position
as at 31 March 2023
Tangible assets
164,286
165,556
Cash at bank and in hand
13,066
8,188
Creditors: amounts falling due within one year
(46,928)
(41,959)
Net current liabilities
(8,757)
(10,723)
Total assets less current liabilities
155,529
159,333
Creditors: amounts falling due after more than one year
(105,456)
(112,916)
Provisions for liabilities
Deferred tax
(1,546)
(1,498)
Called up share capital
1,000
1,000
Profit and loss account
47,527
43,919
Shareholders' funds
48,527
44,919
For the year ending 31 March 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 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 and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 20 September 2023 and were signed on its behalf by
Mr J A Hulbert
Director
Company Registration No. 4633752
A & RA HULBERT LIMITED
Notes to the Accounts
for the year ended 31 March 2023
A & RA HULBERT LIMITED is a private company, limited by shares, registered in England and Wales, registration number 4633752. The registered office is 84 Heaton Moor Road, Heaton Moor, STOCKPORT, Cheshire, SK4 4NZ, UK.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Freehold Land & Buildings Nil
Fixtures, fittings & equipment 15% reducing balance
Computer equipment 25% reducing balance
Goodwill, being the amount paid in connection with the acquisition of a business in 2003, is being amortised evenly over its estimated useful life of twenty years.
Stocks have been valued at the lower of cost and estimated selling price less costs to complete and sell. Cost 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.
Stocks held for distribution at no or nominal consideration are measured at the lower of replacement cost and cost, adjusted where applicable for any loss of service potential.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.
A & RA HULBERT LIMITED
Notes to the Accounts
for the year ended 31 March 2023
4
Intangible fixed assets
Other
5
Tangible fixed assets
Land & buildings
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2022
160,871
20,922
6,842
188,635
At 31 March 2023
160,871
20,922
7,093
188,886
At 1 April 2022
3,200
15,787
4,092
23,079
Charge for the year
-
771
750
1,521
At 31 March 2023
3,200
16,558
4,842
24,600
At 31 March 2023
157,671
4,364
2,251
164,286
At 31 March 2022
157,671
5,135
2,750
165,556
Amounts falling due within one year
Accrued income and prepayments
165
314
7
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
9,512
9,512
Trade creditors
4,741
2,632
Taxes and social security
14,451
19,888
Loans from directors
10,920
3,831
A & RA HULBERT LIMITED
Notes to the Accounts
for the year ended 31 March 2023
8
Creditors: amounts falling due after more than one year
2023
2022
Bank loans
105,456
112,916
9
Average number of employees
During the year the average number of employees was 10 (2022: 11).