Registered number: 11048343 | ||||||||
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 | ||||||||
REGISTERED OFFICE | ||||||||
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 Sheet | 3 | |||||||
Notes To The Accounts | 4 | |||||||
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 | ||||||||||
2023 | 2022 | |||||||||
Notes | £ | £ | ||||||||
FIXED ASSETS | ||||||||||
Tangible assets | 3 | |||||||||
CURRENT ASSETS | ||||||||||
Debtors | 5 | |||||||||
Cash at bank and in hand | ||||||||||
35,718 | 1,263 | |||||||||
CREDITORS: Amounts falling due within one year | 6 | |||||||||
NET CURRENT LIABILITIES | ( | (70,857) | ||||||||
TOTAL ASSETS LESS CURRENT LIABILITIES | ||||||||||
CREDITORS: Amounts falling due after more than one year | 7 | 587,129 | 548,005 | |||||||
NET ASSETS | ||||||||||
CAPITAL AND RESERVES | ||||||||||
Called up share capital | 8 | |||||||||
Profit and loss account | 4,880 | 12,796 | ||||||||
SHAREHOLDERS' FUNDS | ||||||||||
Approved by the board on | ||||||||||
............................. | ||||||||||
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 | ||||||||
2023 | 2022 | |||||||
No. | No. | |||||||
Average number of employees | 1 | |||||||
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 | ||||||||
Properties | Total | |||||||
£ | £ | |||||||
Fair value | ||||||||
At 01/12/2022 | 631,758 | 631,758 | ||||||
Additions | 158,765 | 158,765 | ||||||
At 30/11/2023 | 790,523 | 790,523 | ||||||
The fair value at the period end is the cost of the property. | ||||||||
5. DEBTORS | 2023 | 2022 | ||||||
£ | £ | |||||||
Amounts falling due within one year | ||||||||
Other debtors | 35,500 | - | ||||||
Prepayments | - | 1,090 | ||||||
35,500 | 1,090 | |||||||
6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||||||
2023 | 2022 | |||||||
£ | £ | |||||||
UK corporation tax | 3,951 | 4,161 | ||||||
Directors current account | 126,421 | 50,784 | ||||||
Bank Loan | 12,000 | 12,000 | ||||||
Trade creditors | 81,123 | - | ||||||
Accruals | 10,637 | 5,175 | ||||||
234,132 | 72,120 | |||||||
7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR | ||||||||
2023 | 2022 | |||||||
£ | £ | |||||||
Bank loans (secured) >1yr | 417,391 | 431,767 | ||||||
Loans >1yr | 169,738 | 116,238 | ||||||
587,129 | 548,005 | |||||||
Hughes Commercial Investments Ltd | ||||||||
8. SHARE CAPITAL | 2023 | 2022 | ||||||
£ | £ | |||||||
Allotted, issued and fully paid: | ||||||||
100 | 100 | |||||||
100 | 100 | |||||||
9. RELATED PARTY TRANSACTIONS | |||||||||||||||||||||||||||||||||||||
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