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
Hutchinson Asset Management Limited
Company Information
for the year ended 31 January 2023
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
Hutchinson Asset Management Limited
Statement of financial position
as at 31 January 2023
Tangible assets
6,272
7,380
Cash at bank and in hand
35,324
1,538
Creditors: amounts falling due within one year
(76,559)
(69,069)
Net current assets/(liabilities)
27,274
(6,022)
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
Hutchinson Asset Management Limited
Notes to the Accounts
for the year ended 31 January 2023
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.
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 as modified by the revaluation of certain fixed assets.
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
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
At 31 January 2023
3,488
1,696
1,088
6,272
At 31 January 2022
4,104
1,842
1,434
7,380
Amounts falling due within one year
Other debtors
68,509
61,509
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
Trade creditors
40,023
40,108
Taxes and social security
22,588
21,994
Loans from directors
606
15
7
Average number of employees
During the year the average number of employees was 1 (2022: 3).