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REGISTERED NUMBER: 08581940 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 June 2023

for

Hughes Welding Solutions Ltd

Hughes Welding Solutions Ltd (Registered number: 08581940)






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




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


Hughes Welding Solutions Ltd

Company Information
for the Year Ended 30 June 2023







DIRECTOR: R N Hughes





REGISTERED OFFICE: 17 Gladstone Street
Rothwell
Kettering
Northamptonshire
NN14 6ER





REGISTERED NUMBER: 08581940 (England and Wales)





ACCOUNTANTS: CDA Accountancy
Unit 14/15 Hall Farm
Sywell Aerodrome
Sywell
Northamptonshire
NN6 0BN

Hughes Welding Solutions Ltd (Registered number: 08581940)

Abridged Balance Sheet
30 June 2023

30.6.23 30.6.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 394 476

CURRENT ASSETS
Debtors 1,248 -
Cash at bank 43 8,457
1,291 8,457
CREDITORS
Amounts falling due within one year 1,530 6,098
NET CURRENT (LIABILITIES)/ASSETS (239 ) 2,359
TOTAL ASSETS LESS CURRENT
LIABILITIES

155

2,835

CAPITAL AND RESERVES
Called up share capital 5 1 1
Retained earnings 154 2,834
SHAREHOLDERS' FUNDS 155 2,835

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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.

Hughes Welding Solutions Ltd (Registered number: 08581940)

Abridged Balance Sheet - continued
30 June 2023


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

All the members have consented to the preparation of an abridged Statement of Income and Retained Earnings and an abridged Balance Sheet for the year ended 30 June 2023 in accordance with Section 444(2A) of the Companies Act 2006.

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

The financial statements were approved by the director and authorised for issue on 15 February 2024 and were signed by:





R N Hughes - Director


Hughes Welding Solutions Ltd (Registered number: 08581940)

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

1. STATUTORY INFORMATION

Hughes Welding Solutions 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.

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 - 15% on reducing balance
Computer equipment - 15% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

3. EMPLOYEES

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

Hughes Welding Solutions Ltd (Registered number: 08581940)

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

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 July 2022
and 30 June 2023 2,500
DEPRECIATION
At 1 July 2022 2,024
Charge for year 82
At 30 June 2023 2,106
NET BOOK VALUE
At 30 June 2023 394
At 30 June 2022 476

5. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.6.23 30.6.22
value: £    £   
1 Ordinary £1 1 1

6. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 June 2023 and 30 June 2022:

30.6.23 30.6.22
£    £   
R N Hughes
Balance outstanding at start of year - -
Amounts advanced 10,905 -
Amounts repaid (9,657 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 1,248 -