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REGISTERED NUMBER: 04533302 (England and Wales)












Unaudited Financial Statements

for the Year Ended 30 September 2023

for

Hurley Industrial Cleaning Equipment
Limited

Hurley Industrial Cleaning Equipment
Limited (Registered number: 04533302)






Contents of the Financial Statements
for the Year Ended 30 September 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Hurley Industrial Cleaning Equipment
Limited

Company Information
for the Year Ended 30 September 2023







DIRECTOR: D Hurley





SECRETARY: J A Hurley





REGISTERED OFFICE: Unit 2 Fitzharris Industrial Estate
Wootton Road
Abingdon
Oxfordshire
OX14 1LD





REGISTERED NUMBER: 04533302 (England and Wales)





ACCOUNTANTS: Webb Teasdale Accountancy Ltd
Boston House
Grove Business Park
Downsview Road
Wantage
Oxfordshire
OX12 9FF

Hurley Industrial Cleaning Equipment
Limited (Registered number: 04533302)

Balance Sheet
30 September 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - 2,400
Tangible assets 5 20,174 26,899
20,174 29,299

CURRENT ASSETS
Stocks 30,597 39,708
Debtors 6 105,874 123,085
Cash at bank 109,885 48,944
246,356 211,737
CREDITORS
Amounts falling due within one year 7 92,900 72,879
NET CURRENT ASSETS 153,456 138,858
TOTAL ASSETS LESS CURRENT
LIABILITIES

173,630

168,157

CREDITORS
Amounts falling due after more than one
year

8

(14,600

)

(18,347

)

PROVISIONS FOR LIABILITIES (3,833 ) (1,740 )
NET ASSETS 155,197 148,070

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 155,097 147,970
SHAREHOLDERS' FUNDS 155,197 148,070

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

Hurley Industrial Cleaning Equipment
Limited (Registered number: 04533302)

Balance Sheet - continued
30 September 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 director and authorised for issue on 4 April 2024 and were signed by:





D Hurley - Director


Hurley Industrial Cleaning Equipment
Limited (Registered number: 04533302)

Notes to the Financial Statements
for the Year Ended 30 September 2023

1. STATUTORY INFORMATION

Hurley Industrial Cleaning Equipment Limited 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 2002 had been amortised at a rate for 20 years until 30/09/2014. The balance from this point will be amortised over five years.

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.
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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 4 (2022 - 4 ) .

Hurley Industrial Cleaning Equipment
Limited (Registered number: 04533302)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2023

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 October 2022
and 30 September 2023 76,941
AMORTISATION
At 1 October 2022 74,541
Charge for year 2,400
At 30 September 2023 76,941
NET BOOK VALUE
At 30 September 2023 -
At 30 September 2022 2,400

5. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor
machinery fittings vehicles Totals
£    £    £    £   
COST
At 1 October 2022
and 30 September 2023 3,787 12,628 56,736 73,151
DEPRECIATION
At 1 October 2022 3,379 11,913 30,960 46,252
Charge for year 102 179 6,444 6,725
At 30 September 2023 3,481 12,092 37,404 52,977
NET BOOK VALUE
At 30 September 2023 306 536 19,332 20,174
At 30 September 2022 408 715 25,776 26,899

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 105,113 69,657
Other debtors 761 53,428
105,874 123,085

Hurley Industrial Cleaning Equipment
Limited (Registered number: 04533302)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2023

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 22 12
Finance leases 3,747 3,921
Payments on account 25,860 -
Trade creditors 19,872 39,647
Taxation and social security 18,007 8,198
Other creditors 25,392 21,101
92,900 72,879

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Finance leases 14,600 18,347

9. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

Directors loans are repayable on demand, and are interest free up to a limit of £10000 above which interest will be charged at the HMRC specified rate.

As at 30th September 2023 the company owed the Directors £25,194.16.