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REGISTERED NUMBER: 10185657 (England and Wales)












UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2023

FOR

HUDINGTONS LIMITED

HUDINGTONS LIMITED (REGISTERED NUMBER: 10185657)






CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 31 May 2023




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


HUDINGTONS LIMITED

COMPANY INFORMATION
for the year ended 31 May 2023







DIRECTOR: Mr Y S Inglis





REGISTERED OFFICE: 19-20 Bourne Court
Southend Road
Woodford Green
Essex
IG8 8HD





REGISTERED NUMBER: 10185657 (England and Wales)





ACCOUNTANTS: Raffingers LLP
Chartered Certified Accountants
19-20 Bourne Court
Southend Road
Woodford Green
Essex
IG8 8HD

HUDINGTONS LIMITED (REGISTERED NUMBER: 10185657)

ABRIDGED BALANCE SHEET
31 May 2023

2023 2022
£    £   
CURRENT ASSETS
Debtors 23,370 19,560
Cash at bank and in hand 2,745 476
26,115 20,036
CREDITORS
Amounts falling due within one year 16,125 10,352
NET CURRENT ASSETS 9,990 9,684
TOTAL ASSETS LESS CURRENT
LIABILITIES

9,990

9,684

CREDITORS
Amounts falling due after more than one year 6,400 9,600
NET ASSETS 3,590 84

CAPITAL AND RESERVES
Called up share capital 2 1
Retained earnings 3,588 83
SHAREHOLDERS' FUNDS 3,590 84

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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.

HUDINGTONS LIMITED (REGISTERED NUMBER: 10185657)

ABRIDGED BALANCE SHEET - continued
31 May 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 Income Statement and an abridged Balance Sheet for the year ended 31 May 2023 in accordance with Section 444(2A) of the Companies Act 2006.

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 14 December 2023 and were signed by:





Mr Y S Inglis - Director


HUDINGTONS LIMITED (REGISTERED NUMBER: 10185657)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 31 May 2023

1. STATUTORY INFORMATION

Hudingtons 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

The accounts have been prepared on the going concern basis as the director is of the opinion that the company will meet its liabilities as and when due, due to the continued support of the director.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Government grants
Government grants, including non-monetary grants shall not be recognised until there is reasonable assurance that:
(a) the entity will comply with the conditions attaching to them; and
(b) the grants will be received.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

Short term debtors and creditors
Short term debtors and creditors with no stated interest rate are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account.

Loans and borrowings
Loans and borrowings are initially recognised at the transaction price including transaction costs. Subsequently, they are measured at amortised cost using the effective interest rate method, less impairment.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2022 - 5 ) .

HUDINGTONS LIMITED (REGISTERED NUMBER: 10185657)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 May 2023

4. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 May 2023 and 31 May 2022:

2023 2022
£    £   
Mr Y S Inglis
Balance outstanding at start of year 7,970 -
Amounts advanced - 7,970
Amounts repaid (7,970 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - 7,970

5. RELATED PARTY DISCLOSURES

At the balance sheet date, the company was owed £20,140 (2022: £8,140) by Jayglis Limited, a company in which Mr Y S Inglis is a director.