Company registration number 03401898 (England and Wales)
HUTHWAITE GROUP LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023
PAGES FOR FILING WITH REGISTRAR
HUTHWAITE GROUP LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 3
HUTHWAITE GROUP LIMITED
BALANCE SHEET
AS AT
30 SEPTEMBER 2023
30 September 2023
- 1 -
2023
2022
Notes
£000
£000
£000
£000
Fixed assets
Investments
3
2,613
2,613
Current assets
-
-
Creditors: amounts falling due within one year
4
(1,410)
(1,410)
Net current liabilities
(1,410)
(1,410)
Total assets less current liabilities
1,203
1,203
Creditors: amounts falling due after more than one year
5
(60)
(60)
Net assets
1,143
1,143
Capital and reserves
Called up share capital
6
150
150
Share premium account
3
3
Capital redemption reserve
990
990
Total equity
1,143
1,143

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

For the financial year ended 30 September 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

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

The financial statements were approved by the board of directors and authorised for issue on 28 March 2024 and are signed on its behalf by:
A Hughes
Director
Company registration number 03401898 (England and Wales)
HUTHWAITE GROUP LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023
- 2 -
1
Accounting policies
Company information

Huthwaite Group Limited is a private company, limited by shares and incorporated in England and Wales. The registered office is Office 2, Harry Brearley House, 6 Fox Valley Way, Stocksbridge, Sheffield, S36 2AE.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £000.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Fixed asset investments

Interests in subsidiaries, associates and jointly controlled entities are initially measured at cost and subsequently measured at cost less any accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in profit or loss.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2023
2022
Number
Number
Total
2
2
3
Fixed asset investments
2023
2022
£000
£000
Shares in group undertakings and participating interests
2,613
2,613
4
Creditors: amounts falling due within one year
2023
2022
£000
£000
Amounts owed to group undertakings
1,410
1,410
HUTHWAITE GROUP LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2023
- 3 -
5
Creditors: amounts falling due after more than one year
2023
2022
£000
£000
Share capital treated as debt
60
60
6
Called up share capital
2023
2022
2023
2022
Ordinary share capital
Number
Number
£000
£000
Issued and fully paid
Ordinary shares of £0001 each
150,000
150,000
150
150
2023
2022
2023
2022
Preference share capital
Number
Number
£000
£000
Issued and fully paid
Cumulative participating preferred ordinary shares of £0001 each
60,000
60,000
60
60
Preference shares classified as liabilities
60
60

Holders of the cumulative participating preferred ordinary shares are entitled to receive a cumulative participating net cash dividend equal to 10% of the pre-tax profit for the financial period. In all other respects all shares rank pari passu. The rights to these dividends for the year were waived.

7
Contingent liabilities

There is an unlimited bank guarantee between the company and Huthwaite International Limited, Huthwaite Research Group Limited and Skill4 Limited. The total bank borrowings over the companies at the year end amounted to £26,667 (2022: £36,667).

8
Parent company

The company's immediate and ultimate parent undertaking is Huthwaite International Limited, and its registered office is Office 2, Harry Brearley House, 6 Fox Valley Way, Fox Valley, Sheffield S36 2AE.

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