IRIS Accounts Production v23.1.0.753 10532872 Board of Directors 1.3.22 28.2.23 28.2.23 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure105328722022-02-28105328722023-02-28105328722022-03-012023-02-28105328722021-02-28105328722021-03-012022-02-28105328722022-02-2810532872ns16:EnglandWales2022-03-012023-02-2810532872ns15:PoundSterling2022-03-012023-02-2810532872ns11:Director12022-03-012023-02-2810532872ns11:PrivateLimitedCompanyLtd2022-03-012023-02-2810532872ns11:SmallEntities2022-03-012023-02-2810532872ns11:AuditExempt-NoAccountantsReport2022-03-012023-02-2810532872ns11:SmallCompaniesRegimeForDirectorsReport2022-03-012023-02-2810532872ns11:SmallCompaniesRegimeForAccounts2022-03-012023-02-2810532872ns11:FullAccounts2022-03-012023-02-281053287212022-03-012023-02-2810532872ns11:Director22022-03-012023-02-2810532872ns11:Director32022-03-012023-02-2810532872ns11:Director42022-03-012023-02-2810532872ns11:CompanySecretary12022-03-012023-02-2810532872ns11:RegisteredOffice2022-03-012023-02-2810532872ns6:CurrentFinancialInstruments2023-02-2810532872ns6:CurrentFinancialInstruments2022-02-2810532872ns6:Non-currentFinancialInstruments2023-02-2810532872ns6:Non-currentFinancialInstruments2022-02-2810532872ns6:ShareCapital2023-02-2810532872ns6:ShareCapital2022-02-2810532872ns6:SharePremium2023-02-2810532872ns6:SharePremium2022-02-2810532872ns6:RetainedEarningsAccumulatedLosses2023-02-2810532872ns6:RetainedEarningsAccumulatedLosses2022-02-2810532872ns6:NetGoodwill2022-03-012023-02-2810532872ns6:IntangibleAssetsOtherThanGoodwill2022-03-012023-02-2810532872ns6:MotorVehicles2022-03-012023-02-2810532872ns6:ComputerEquipment2022-03-012023-02-2810532872ns6:NetGoodwill2022-02-2810532872ns6:NetGoodwill2023-02-2810532872ns6:NetGoodwill2022-02-2810532872ns6:PlantMachinery2022-02-2810532872ns6:MotorVehicles2022-02-2810532872ns6:ComputerEquipment2022-02-2810532872ns6:PlantMachinery2022-03-012023-02-2810532872ns6:PlantMachinery2023-02-2810532872ns6:MotorVehicles2023-02-2810532872ns6:ComputerEquipment2023-02-2810532872ns6:PlantMachinery2022-02-2810532872ns6:MotorVehicles2022-02-2810532872ns6:ComputerEquipment2022-02-2810532872ns6:WithinOneYearns6:CurrentFinancialInstruments2023-02-2810532872ns6:WithinOneYearns6:CurrentFinancialInstruments2022-02-28
REGISTERED NUMBER: 10532872 (England and Wales)















Unaudited Financial Statements for the Year Ended 28 February 2023

for

HUB PROPERTY CARE LTD

HUB PROPERTY CARE LTD (REGISTERED NUMBER: 10532872)

Contents of the Financial Statements
for the Year Ended 28 February 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


HUB PROPERTY CARE LTD

Company Information
for the Year Ended 28 February 2023







DIRECTORS: M A Farrow
D Mulcahy
K Salter
A C Harris





SECRETARY: M Mulcahy





REGISTERED OFFICE: Station House
Station Approach
East Horsley
Leatherhead
Surrey
KT24 6QX





REGISTERED NUMBER: 10532872 (England and Wales)





ACCOUNTANTS: Russell & Co
Station House
Station Approach
East Horsley
Leatherhead
Surrey
KT24 6QX

HUB PROPERTY CARE LTD (REGISTERED NUMBER: 10532872)

Balance Sheet
28 February 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 74,478 74,478
Tangible assets 5 762 3,608
75,240 78,086

CURRENT ASSETS
Debtors 6 247,532 173,279
Cash at bank 60,035 114,602
307,567 287,881
CREDITORS
Amounts falling due within one year 7 188,364 160,865
NET CURRENT ASSETS 119,203 127,016
TOTAL ASSETS LESS CURRENT
LIABILITIES

194,443

205,102

CREDITORS
Amounts falling due after more than one
year

8

122,940

127,640
NET ASSETS 71,503 77,462

CAPITAL AND RESERVES
Called up share capital 3 3
Share premium 17,699 17,699
Retained earnings 53,801 59,760
SHAREHOLDERS' FUNDS 71,503 77,462

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

HUB PROPERTY CARE LTD (REGISTERED NUMBER: 10532872)

Balance Sheet - continued
28 February 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 22 November 2023 and were signed on its behalf by:





A C Harris - Director


HUB PROPERTY CARE LTD (REGISTERED NUMBER: 10532872)

Notes to the Financial Statements
for the Year Ended 28 February 2023


1. STATUTORY INFORMATION

Hub Property Care Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2017.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Motor vehicles - 25% on cost
Computer equipment - 33% on cost

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 18 (2022 - 14 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 March 2022
and 28 February 2023 74,478
NET BOOK VALUE
At 28 February 2023 74,478
At 28 February 2022 74,478

HUB PROPERTY CARE LTD (REGISTERED NUMBER: 10532872)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2023


5. TANGIBLE FIXED ASSETS
Motor Computer
Equipment vehicles equipment Totals
£    £    £    £   
COST
At 1 March 2022 12,688 8,442 2,104 23,234
Additions 257 - - 257
Disposals - (8,442 ) - (8,442 )
At 28 February 2023 12,945 - 2,104 15,049
DEPRECIATION
At 1 March 2022 9,283 8,442 1,901 19,626
Charge for year 2,900 - 203 3,103
Eliminated on disposal - (8,442 ) - (8,442 )
At 28 February 2023 12,183 - 2,104 14,287
NET BOOK VALUE
At 28 February 2023 762 - - 762
At 28 February 2022 3,405 - 203 3,608

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 218,030 158,934
Other debtors 29,502 14,345
247,532 173,279

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 70,421 38,417
Taxation and social security 75,316 82,091
Other creditors 42,627 40,357
188,364 160,865

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bounce Back loan 42,522 47,222
Other creditors 80,418 80,418
122,940 127,640