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Company Registration No. 10577078 (England and Wales)
Hutchinson Asset Management Limited Unaudited accounts for the year ended 31 January 2023
Hutchinson Asset Management Limited Unaudited accounts Contents
Page
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Hutchinson Asset Management Limited Company Information for the year ended 31 January 2023
Director
L Hutchinson
Company Number
10577078 (England and Wales)
Registered Office
Retford Enterprise Centre Randall Way Retford DN22 7GR ENGLAND
Accountants
Hart Simpson 28 Terminus Road Sheffield S7 2LH
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Hutchinson Asset Management Limited Statement of financial position as at 31 January 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
6,272 
7,380 
Current assets
Debtors
68,509 
61,509 
Cash at bank and in hand
35,324 
1,538 
103,833 
63,047 
Creditors: amounts falling due within one year
(76,559)
(69,069)
Net current assets/(liabilities)
27,274 
(6,022)
Net assets
33,546 
1,358 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
33,446 
1,258 
Shareholders' funds
33,546 
1,358 
For the year ending 31 January 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 director acknowledges his 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 and authorised for issue on 19 October 2023 and were signed on its behalf by
L Hutchinson Director Company Registration No. 10577078
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Hutchinson Asset Management Limited Notes to the Accounts for the year ended 31 January 2023
1
Statutory information
Hutchinson Asset Management Limited is a private company, limited by shares, registered in England and Wales, registration number 10577078. The registered office is Retford Enterprise Centre, Randall Way, Retford, DN22 7GR, ENGLAND.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 February 2022
8,758 
3,932 
3,060 
15,750 
At 31 January 2023
8,758 
3,932 
3,060 
15,750 
Depreciation
At 1 February 2022
4,654 
2,090 
1,626 
8,370 
Charge for the year
616 
146 
346 
1,108 
At 31 January 2023
5,270 
2,236 
1,972 
9,478 
Net book value
At 31 January 2023
3,488 
1,696 
1,088 
6,272 
At 31 January 2022
4,104 
1,842 
1,434 
7,380 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Other debtors
68,509 
61,509 
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Hutchinson Asset Management Limited Notes to the Accounts for the year ended 31 January 2023
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
12,345 
5,952 
Trade creditors
40,023 
40,108 
Taxes and social security
22,588 
21,994 
Other creditors
997 
1,000 
Loans from directors
606 
15 
76,559 
69,069 
7
Average number of employees
During the year the average number of employees was 1 (2022: 3).
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