Company Registration No. 12697516 (England and Wales)
Hubcap Advisory Services Limited
Unaudited accounts
for the year ended 30 June 2023
Hubcap Advisory Services Limited
Unaudited accounts
Contents
Hubcap Advisory Services Limited
Company Information
for the year ended 30 June 2023
Directors
Alan Francois Hubbard
Maureen Phyllis Bundy
Company Number
12697516 (England and Wales)
Registered Office
20-22 Wenlock Road
London
N1 7GU
Accountants
GEM Accountancy
1 Lemsford Village
Welwyn Garden City
Herts
AL8 7TN
Hubcap Advisory Services Limited
Statement of financial position
as at 30 June 2023
Tangible assets
1,753
3,505
Cash at bank and in hand
8,943
28,888
Creditors: amounts falling due within one year
(747)
(5,797)
Net current assets
8,296
23,191
Called up share capital
100
100
Profit and loss account
9,949
26,596
Shareholders' funds
10,049
26,696
For the year ending 30 June 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 13 February 2024 and were signed on its behalf by
Alan Francois Hubbard
Director
Company Registration No. 12697516
Hubcap Advisory Services Limited
Notes to the Accounts
for the year ended 30 June 2023
Hubcap Advisory Services Limited is a private company, limited by shares, registered in England and Wales, registration number 12697516. The registered office is 20-22 Wenlock Road, London, N1 7GU.
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.
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:
Fixtures & fittings
25% straight line
Computer equipment
25% Straight Line
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 July 2022
4,818
2,191
7,009
At 30 June 2023
4,818
2,191
7,009
At 1 July 2022
2,408
1,096
3,504
Charge for the year
1,204
548
1,752
At 30 June 2023
3,612
1,644
5,256
At 30 June 2023
1,206
547
1,753
At 30 June 2022
2,410
1,095
3,505
Amounts falling due after more than one year
Hubcap Advisory Services Limited
Notes to the Accounts
for the year ended 30 June 2023
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
747
5,485
Loans from directors
-
312
7
Average number of employees
During the year the average number of employees was 0 (2022: 0).