Company Registration No. 00228980 (England and Wales)
H.T.Hughes & Company(Overalls)Limited
Unaudited accounts
for the year ended 31 December 2023
H.T.Hughes & Company(Overalls)Limited
Company Information
for the year ended 31 December 2023
Company Number
00228980 (England and Wales)
Registered Office
91 Hardcastle Road
Edgeley
Stockport
SK3 9DE
H.T.Hughes & Company(Overalls)Limited
Statement of financial position
as at 31 December 2023
Inventories
214,246
199,179
Cash at bank and in hand
41,713
69,437
Creditors: amounts falling due within one year
(304,349)
(279,999)
Net current assets
35,155
37,766
Total assets less current liabilities
35,870
41,672
Creditors: amounts falling due after more than one year
(15,833)
(25,833)
Provisions for liabilities
Called up share capital
1,000
1,000
Profit and loss account
18,858
14,097
Shareholders' funds
19,858
15,097
For the year ending 31 December 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 30 May 2024 and were signed on its behalf by
T Hughes
Director
Company Registration No. 00228980
H.T.Hughes & Company(Overalls)Limited
Notes to the Accounts
for the year ended 31 December 2023
H.T.Hughes & Company(Overalls)Limited is a private company, limited by shares, registered in England and Wales, registration number 00228980. The registered office is 91 Hardcastle Road, Edgeley, Stockport, SK3 9DE.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
10% straight line basis
Fixtures & fittings
10% straight line basis
Computer equipment
33.3% straight line basis
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 January 2023
156,858
36,372
22,610
215,840
At 31 December 2023
156,858
36,372
22,610
215,840
At 1 January 2023
153,083
36,241
22,610
211,934
Charge for the year
3,125
66
-
3,191
At 31 December 2023
156,208
36,307
22,610
215,125
At 31 December 2023
650
65
-
715
At 31 December 2022
3,775
131
-
3,906
H.T.Hughes & Company(Overalls)Limited
Notes to the Accounts
for the year ended 31 December 2023
Amounts falling due within one year
Trade debtors
40,236
4,398
Other debtors
43,309
44,751
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
10,000
10,000
Trade creditors
38,184
82,513
Amounts owed to group undertakings and other participating interests
222,388
168,689
Taxes and social security
32,049
17,235
Other creditors
1,728
1,562
7
Creditors: amounts falling due after more than one year
2023
2022
8
Average number of employees
During the year the average number of employees was 4 (2022: 4).