HOBBS PGA LIMITED

Company Registration Number:
12455851 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2023

Period of accounts

Start date: 01 April 2022

End date: 31 March 2023

HOBBS PGA LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2023

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 12

HOBBS PGA LIMITED

Company Information

for the Period Ended 31 March 2023




Director: William Hobbs
Registered office: Birchwood
Main Street
Farrington Gurney
Bristol
England
BS39 6UG
Company Registration Number: 12455851 (England and Wales)

HOBBS PGA LIMITED

Directors' Report Period Ended 31 March 2023

The directors present their report with the financial statements of the company for the period ended 31 March 2023

Directors

The directors shown below have held office during the whole of the period from 01 April 2022 to 31 March 2023
William Hobbs

This report was approved by the board of directors on 6 November 2023
And Signed On Behalf Of The Board By:

Name: William Hobbs
Status: Director

HOBBS PGA LIMITED

Profit and Loss Account

for the Period Ended 31 March 2023


Notes

2023
£

2022
£
Gross Profit or (Loss) 101,275 112,956
Administrative Expenses ( 49,803 ) ( 48,358 )
Operating Profit or (Loss) 51,472 64,598
Interest Receivable and Similar Income 122 7
Profit or (Loss) Before Tax 51,594 64,605
Tax on Profit ( 10,482 ) ( 10,518 )
Profit or (Loss) for Period 41,112 54,087

The notes form part of these financial statements

HOBBS PGA LIMITED

Balance sheet

As at 31 March 2023


Notes

2023
£

2022
£
Fixed assets
Tangible assets: 5 11,634 15,208
Total fixed assets: 11,634 15,208
Current assets
Stocks: 103,909 84,243
Debtors: 11,132 8,591
Cash at bank and in hand: 67,418 88,246
Total current assets: 182,459 181,080
Creditors: amounts falling due within one year: ( 102,341 ) ( 106,648 )
Net current assets (liabilities): 80,118 74,432
Total assets less current liabilities: 91,752 89,640
Creditors: amounts falling due after more than one year: ( 10,000 ) ( 15,000 )
Total net assets (liabilities): 81,752 74,640

The notes form part of these financial statements

HOBBS PGA LIMITED

Balance sheet continued

As at 31 March 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 1 1
Profit and loss account: 81,751 74,639
Shareholders funds: 81,752 74,640

For the year ending 31 March 2023 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 6 November 2023
And Signed On Behalf Of The Board By:

Name: William Hobbs
Status: Director

The notes form part of these financial statements

HOBBS PGA LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

HOBBS PGA LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 4 3

HOBBS PGA LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

  • 3. Off balance sheet disclosure

    No

HOBBS PGA LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

4. Dividends


2023
£

2022
£
Dividends paid 34,000 10,000

HOBBS PGA LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

5. Tangible Assets

Total
Cost £
At 01 April 2022 18,940
Additions 364
Disposals -
Revaluations -
Transfers -
At 31 March 2023 19,304
Depreciation
At 01 April 2022 3,732
Charge for year 3,938
On disposals -
Other adjustments -
At 31 March 2023 7,670
Net book value
At 31 March 2023 11,634
At 31 March 2022 15,208