0 false false false false false false false false false true false false false false false false No description of principal activity 2022-09-01 Sage Accounts Production Advanced 2021 - FRS102_2021 8,858 260 9,118 4,799 864 5,663 3,455 4,059 xbrli:pure xbrli:shares iso4217:GBP 09701872 2022-09-01 2023-08-31 09701872 2023-08-31 09701872 2022-08-31 09701872 2021-09-01 2022-08-31 09701872 2022-08-31 09701872 2021-08-31 09701872 core:FurnitureFittings 2022-09-01 2023-08-31 09701872 bus:Director1 2022-09-01 2023-08-31 09701872 bus:Director2 2022-09-01 2023-08-31 09701872 core:FurnitureFittings 2022-08-31 09701872 core:FurnitureFittings 2023-08-31 09701872 core:WithinOneYear 2023-08-31 09701872 core:WithinOneYear 2022-08-31 09701872 core:ShareCapital 2023-08-31 09701872 core:ShareCapital 2022-08-31 09701872 core:RetainedEarningsAccumulatedLosses 2023-08-31 09701872 core:RetainedEarningsAccumulatedLosses 2022-08-31 09701872 core:FurnitureFittings 2022-08-31 09701872 bus:Director1 2022-08-31 09701872 bus:Director1 2023-08-31 09701872 bus:Director2 2022-08-31 09701872 bus:Director2 2023-08-31 09701872 bus:Director1 2021-08-31 09701872 bus:Director1 2022-08-31 09701872 bus:Director2 2021-08-31 09701872 bus:Director2 2022-08-31 09701872 bus:Director1 2021-09-01 2022-08-31 09701872 bus:Director2 2021-09-01 2022-08-31 09701872 bus:SmallEntities 2022-09-01 2023-08-31 09701872 bus:AuditExemptWithAccountantsReport 2022-09-01 2023-08-31 09701872 bus:FullAccounts 2022-09-01 2023-08-31 09701872 bus:SmallCompaniesRegimeForAccounts 2022-09-01 2023-08-31 09701872 bus:PrivateLimitedCompanyLtd 2022-09-01 2023-08-31
COMPANY REGISTRATION NUMBER: 09701872
D. Hughes Associates Limited
Filleted Unaudited Financial Statements
31 August 2023
D. Hughes Associates Limited
Statement of Financial Position
31 August 2023
2023
2022
Note
£
£
Fixed assets
Tangible assets
4
3,455
4,059
Current assets
Debtors
5
48,155
41,130
Cash at bank and in hand
464
16,526
------------
------------
48,619
57,656
Creditors: amounts falling due within one year
6
( 7,559)
( 7,178)
------------
------------
Net current assets
41,060
50,478
------------
------------
Total assets less current liabilities
44,515
54,537
------------
------------
Net assets
44,515
54,537
------------
------------
D. Hughes Associates Limited
Statement of Financial Position (continued)
31 August 2023
2023
2022
Note
£
£
Capital and reserves
Called up share capital
2
2
Profit and loss account
44,513
54,535
------------
------------
Shareholders funds
44,515
54,537
------------
------------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
For the year ending 31 August 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
These financial statements were approved by the board of directors and authorised for issue on 9 February 2024 , and are signed on behalf of the board by:
Mrs D A Hughes
Director
Company registration number: 09701872
D. Hughes Associates Limited
Notes to the Financial Statements
Year ended 31 August 2023
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 17 North Parade, Hoylake, Merseyside, CH47 2BU.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for services rendered.
Taxation
Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Fixtures & Fittings
-
20% reducing balance
4. Tangible assets
Fixtures and fittings
Total
£
£
Cost
At 1 September 2022
8,858
8,858
Additions
260
260
------------
------------
At 31 August 2023
9,118
9,118
------------
------------
Depreciation
At 1 September 2022
4,799
4,799
Charge for the year
864
864
------------
------------
At 31 August 2023
5,663
5,663
------------
------------
Carrying amount
At 31 August 2023
3,455
3,455
------------
------------
At 31 August 2022
4,059
4,059
------------
------------
5. Debtors
2023
2022
£
£
Other debtors
48,155
41,130
------------
------------
6. Creditors: amounts falling due within one year
2023
2022
£
£
Corporation tax
6,729
6,348
Other creditors
830
830
------------
------------
7,559
7,178
------------
------------
7. Directors' advances, credits and guarantees
During the year the directors entered into the following advances and credits with the company:
2023
Balance brought forward
Advances/ (credits) to the directors
Amounts repaid
Balance outstanding
£
£
£
£
Mrs D A Hughes
19,049
22,347
( 19,049)
22,347
Mr C J Hughes
19,049
22,348
( 19,049)
22,348
------------
------------
------------
------------
38,098
44,695
( 38,098)
44,695
------------
------------
------------
------------
2022
Balance brought forward
Advances/ (credits) to the directors
Amounts repaid
Balance outstanding
£
£
£
£
Mrs D A Hughes
442
19,049
( 442)
19,049
Mr C J Hughes
442
19,049
( 442)
19,049
------------
------------
------------
------------
884
38,098
( 884)
38,098
------------
------------
------------
------------