IRIS Accounts Production v24.1.0.578 04619902 Board of Directors 1.1.23 31.12.23 31.12.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure046199022022-12-31046199022023-12-31046199022023-01-012023-12-31046199022021-12-31046199022022-01-012022-12-31046199022022-12-3104619902ns16:EnglandWales2023-01-012023-12-3104619902ns15:PoundSterling2023-01-012023-12-3104619902ns11:Director12023-01-012023-12-3104619902ns11:PrivateLimitedCompanyLtd2023-01-012023-12-3104619902ns11:SmallEntities2023-01-012023-12-3104619902ns11:AuditExempt-NoAccountantsReport2023-01-012023-12-3104619902ns11:SmallCompaniesRegimeForDirectorsReport2023-01-012023-12-3104619902ns11:SmallCompaniesRegimeForAccounts2023-01-012023-12-3104619902ns11:FullAccounts2023-01-012023-12-3104619902ns11:Director22023-01-012023-12-3104619902ns11:CompanySecretary12023-01-012023-12-3104619902ns11:RegisteredOffice2023-01-012023-12-3104619902ns6:CurrentFinancialInstruments2023-12-3104619902ns6:CurrentFinancialInstruments2022-12-3104619902ns6:Non-currentFinancialInstruments2023-12-3104619902ns6:Non-currentFinancialInstruments2022-12-3104619902ns6:ShareCapital2023-12-3104619902ns6:ShareCapital2022-12-3104619902ns6:RetainedEarningsAccumulatedLosses2023-12-3104619902ns6:RetainedEarningsAccumulatedLosses2022-12-3104619902ns6:PlantMachinery2023-01-012023-12-3104619902ns6:PlantMachinery2022-12-3104619902ns6:PlantMachinery2023-12-3104619902ns6:PlantMachinery2022-12-3104619902ns6:WithinOneYearns6:CurrentFinancialInstruments2023-12-3104619902ns6:WithinOneYearns6:CurrentFinancialInstruments2022-12-31
REGISTERED NUMBER: 04619902 (England and Wales)















Unaudited Financial Statements for the Year Ended 31st December 2023

for

HUBTEL COMMUNICATIONS LIMITED

HUBTEL COMMUNICATIONS LIMITED (REGISTERED NUMBER: 04619902)

Contents of the Financial Statements
for the Year Ended 31st December 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


HUBTEL COMMUNICATIONS LIMITED

Company Information
for the Year Ended 31st December 2023







DIRECTORS: N A Bayliss
Mrs J E Bayliss





SECRETARY: Mrs J E Bayliss





REGISTERED OFFICE: The Cedars
Coton Road
Nether Whitacre
West Midlands
B46 2HH





REGISTERED NUMBER: 04619902 (England and Wales)





ACCOUNTANTS: Hayward Wright Ltd
4 Clews Road
Redditch
Worcestershire
B98 7ST

HUBTEL COMMUNICATIONS LIMITED (REGISTERED NUMBER: 04619902)

Balance Sheet
31st December 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 22,420 3,390

CURRENT ASSETS
Debtors 5 46,272 20,967
Cash at bank 623,925 535,594
670,197 556,561
CREDITORS
Amounts falling due within one year 6 533,123 317,029
NET CURRENT ASSETS 137,074 239,532
TOTAL ASSETS LESS CURRENT LIABILITIES 159,494 242,922

CREDITORS
Amounts falling due after more than one
year

7

(92,551

)

(146,083

)

PROVISIONS FOR LIABILITIES (4,119 ) (57 )
NET ASSETS 62,824 96,782

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 62,822 96,780
62,824 96,782

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

HUBTEL COMMUNICATIONS LIMITED (REGISTERED NUMBER: 04619902)

Balance Sheet - continued
31st December 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 Board of Directors and authorised for issue on 11th April 2024 and were signed on its behalf by:





N A Bayliss - Director


HUBTEL COMMUNICATIONS LIMITED (REGISTERED NUMBER: 04619902)

Notes to the Financial Statements
for the Year Ended 31st December 2023


1. STATUTORY INFORMATION

Hubtel Communications 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.

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 etc - 33% on reducing balance, 25% on reducing balance and 20% on reducing balance

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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

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 12 (2022 - 10 ) .

HUBTEL COMMUNICATIONS LIMITED (REGISTERED NUMBER: 04619902)

Notes to the Financial Statements - continued
for the Year Ended 31st December 2023


4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1st January 2023 27,729
Additions 21,951
At 31st December 2023 49,680
DEPRECIATION
At 1st January 2023 24,339
Charge for year 2,921
At 31st December 2023 27,260
NET BOOK VALUE
At 31st December 2023 22,420
At 31st December 2022 3,390

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 18,782 18,925
Other debtors 27,490 2,042
46,272 20,967

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Hire purchase contracts 4,202 -
Trade creditors 85,558 45,186
Amounts owed to associates - 11,134
Taxation and social security 160,173 121,406
Other creditors 283,190 139,303
533,123 317,029

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£    £   
Hire purchase contracts 11,556 -
Other creditors 80,995 146,083
92,551 146,083