11048343falsethe development and rental of properties2022-12-012023-11-30http://www.companieshouse.gov.uk/2022-11-30http://www.companieshouse.gov.uk/pt:ShareCapital2022-11-30http://www.companieshouse.gov.uk/cd:Director12022-12-012023-11-30http://www.companieshouse.gov.uk/pt:ShareCapital2023-11-30http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12022-12-012023-11-30http://www.companieshouse.gov.uk/cd:RegisteredOffice2022-12-012023-11-30http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2022-12-012023-11-30http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2023-11-30http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2022-11-30http://www.companieshouse.gov.uk/2022-12-012023-11-30http://www.companieshouse.gov.uk/2022-11-30http://www.companieshouse.gov.uk/cd:FRS1022022-12-012023-11-30http://www.companieshouse.gov.uk/2023-11-30http://www.companieshouse.gov.uk/cd:FullAccounts2022-12-012023-11-30http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2022-12-012023-11-30iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 11048343

Hughes Commercial Investments Ltd

ACCOUNTS
FOR THE YEAR ENDED 30/11/2023

Prepared By:
L A Morgan
Top Floor
42 High Street
Portishead
Bristol
BS20 6EL

Hughes Commercial Investments Ltd

ACCOUNTS
FOR THE YEAR ENDED 30/11/2023
DIRECTORS
Patrick Hughes
REGISTERED OFFICE
139 High Street
Portishead
Bristol
BS20 6PY
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 11048343
ACCOUNTANTS
L A Morgan
Top Floor
42 High Street
Portishead
Bristol
BS20 6EL

Hughes Commercial Investments Ltd

ACCOUNTS
FOR THEYEARENDED30/11/2023
CONTENTS
Page
Directors' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-

Hughes Commercial Investments Ltd

BALANCE SHEET AT 30/11/2023
20232022
Notes££
FIXED ASSETS
Tangible assets3790,523631,758
CURRENT ASSETS
Debtors535,5001,090
Cash at bank and in hand218173
35,7181,263
CREDITORS: Amounts falling due within one year6234,13272,120
NET CURRENT LIABILITIES(198,414)(70,857)
TOTAL ASSETS LESS CURRENT LIABILITIES592,109560,901
CREDITORS: Amounts falling due after more than one year7587,129548,005
NET ASSETS4,98012,896
CAPITAL AND RESERVES
Called up share capital8100100
Profit and loss account4,88012,796
SHAREHOLDERS' FUNDS4,98012,896
For the year ending 30/11/2023 the company was entitled to exemption 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 directors acknowledge their 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.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 28/08/2024 and signed on their behalf by
.............................
Patrick Hughes
Director

Hughes Commercial Investments Ltd

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 30/11/2023
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Investment Properties
Investment properties are included in the financial statements at open market value. No depreciation is provided on such property in compliance with the Financial Reporting Standard for Smaller Entities. This departure from Companies Act requirements is necessary to show a true and fair view.
2. EMPLOYEES
20232022
No.No.
Average number of employees11
The director was the only employee in the period.
3. TANGIBLE FIXED ASSETS
Cost
At 30/11/2023
Depreciation
At 30/11/2023
Net Book Amounts
At 30/11/2023

Hughes Commercial Investments Ltd

4. INVESTMENT PROPERTIES
Investment
PropertiesTotal
££
Fair value
At 01/12/2022631,758631,758
Additions158,765158,765
At 30/11/2023790,523790,523
The fair value at the period end is the cost of the property.
5. DEBTORS 20232022
££
Amounts falling due within one year
Other debtors35,500-
Prepayments-1,090
35,5001,090
6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20232022
££
UK corporation tax3,9514,161
Directors current account126,42150,784
Bank Loan12,00012,000
Trade creditors81,123-
Accruals10,6375,175
234,13272,120
7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
20232022
££
Bank loans (secured) >1yr417,391431,767
Loans >1yr169,738116,238
587,129548,005

Hughes Commercial Investments Ltd

8. SHARE CAPITAL 20232022
££
Allotted, issued and fully paid:
100 Ordinary shares of £1 each100100
100100
9. RELATED PARTY TRANSACTIONS
The amount owed to the director at 30 November 2023 is £126,421 (30 November 2022 £50,784). It is interest free and has no fixed repayment terms.