30 October 2022 false No description of principal activity Taxfiler 2024.5 05190519business:PrivateLimitedCompanyLtd2022-10-302023-10-29 051905192022-10-29 051905192022-10-302023-10-29 05190519business:AuditExemptWithAccountantsReport2022-10-302023-10-29 05190519business:FilletedAccounts2022-10-302023-10-29 051905192023-10-29 05190519business:Director12022-10-302023-10-29 05190519business:Director22022-10-302023-10-29 05190519business:CompanySecretary12022-10-302023-10-29 05190519business:RegisteredOffice2022-10-302023-10-29 051905192022-10-29 05190519core:WithinOneYear2023-10-29 05190519core:WithinOneYear2022-10-29 05190519core:AfterOneYear2023-10-29 05190519core:AfterOneYear2022-10-29 05190519core:ShareCapitalcore:PreviouslyStatedAmount2023-10-29 05190519core:ShareCapitalcore:PreviouslyStatedAmount2022-10-29 05190519core:RevaluationReservecore:PreviouslyStatedAmount2023-10-29 05190519core:RevaluationReservecore:PreviouslyStatedAmount2022-10-29 05190519core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-10-29 05190519core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-10-29 05190519core:PreviouslyStatedAmount2023-10-29 05190519core:PreviouslyStatedAmount2022-10-29 05190519business:SmallEntities2022-10-302023-10-29 05190519countries:EnglandWales2022-10-302023-10-29 05190519core:LandBuildings2022-10-302023-10-29 05190519core:PlantMachinery2022-10-302023-10-29 05190519core:MotorVehicles2022-10-302023-10-29 05190519core:FurnitureFittings2022-10-302023-10-29 05190519core:Goodwill2022-10-29 05190519core:Goodwill2023-10-29 05190519core:LandBuildings2022-10-29 05190519core:PlantMachinery2022-10-29 05190519core:MotorVehicles2022-10-29 05190519core:FurnitureFittings2022-10-29 05190519core:LandBuildings2023-10-29 05190519core:PlantMachinery2023-10-29 05190519core:MotorVehicles2023-10-29 05190519core:FurnitureFittings2023-10-29 05190519business:OrdinaryShareClass12022-10-302023-10-29 05190519business:OrdinaryShareClass12021-11-012022-10-29 051905192021-11-012022-10-29 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 05190519 (England and Wales)
HUBIE ST PLUMBING WAREHOUSE LIMITED Unaudited accounts for the year ended 29 October 2023
HUBIE ST PLUMBING WAREHOUSE LIMITED Unaudited accounts Contents
Page
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HUBIE ST PLUMBING WAREHOUSE LIMITED Company Information for the year ended 29 October 2023
Directors
Ahsaf Shuja CHAUDREY Sarfraz Shafi CHOUDREY
Secretary
Asma CHAUDREY
Company Number
05190519 (England and Wales)
Registered Office
HUBIE ST PLUMBING WAREHOUSE HUBIE STREET BURNLEY LANCS BB12 0BD
Accountants
AWS Chartered Certified Accountants The Mosses Community Centre Cecil Street Bury BL9 0SB
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HUBIE ST PLUMBING WAREHOUSE LIMITED Statement of financial position as at 29 October 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Intangible assets
1 
1 
Tangible assets
60,769 
61,611 
Investment property
1,315,862 
1,315,862 
1,376,632 
1,377,474 
Current assets
Inventories
27,000 
27,000 
Debtors
38,976 
38,976 
Cash at bank and in hand
9,066 
5,776 
75,042 
71,752 
Creditors: amounts falling due within one year
(515,050)
(436,940)
Net current liabilities
(440,008)
(365,188)
Total assets less current liabilities
936,624 
1,012,286 
Creditors: amounts falling due after more than one year
(212,210)
(299,640)
Net assets
724,414 
712,646 
Capital and reserves
Called up share capital
2 
2 
Revaluation reserve
131,827 
131,827 
Profit and loss account
592,585 
580,817 
Shareholders' funds
724,414 
712,646 
For the year ending 29 October 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 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 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 of Directors and authorised for issue on 14 September 2024 and were signed on its behalf by
Sarfraz Shafi CHOUDREY Director Company Registration No. 05190519
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HUBIE ST PLUMBING WAREHOUSE LIMITED Notes to the Accounts for the year ended 29 October 2023
1
Statutory information
HUBIE ST PLUMBING WAREHOUSE LIMITED is a private company, limited by shares, registered in England and Wales, registration number 05190519. The registered office is HUBIE ST PLUMBING WAREHOUSE, HUBIE STREET, BURNLEY, LANCS, BB12 0BD.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Land & buildings
1% straight sine
Plant & machinery
15% on reducing balance
Motor vehicles
25% on reducing balance
Fixtures & fittings
25% on reducing balance
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 30 October 2022
150,000 
At 29 October 2023
150,000 
Amortisation
At 30 October 2022
149,999 
At 29 October 2023
149,999 
Net book value
At 29 October 2023
1 
At 29 October 2022
1 
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HUBIE ST PLUMBING WAREHOUSE LIMITED Notes to the Accounts for the year ended 29 October 2023
5
Tangible fixed assets
Land & buildings 
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 30 October 2022
64,252 
21,114 
31,366 
12,826 
129,558 
At 29 October 2023
64,252 
21,114 
31,366 
12,826 
129,558 
Depreciation
At 30 October 2022
3,719 
20,409 
31,038 
12,781 
67,947 
Charge for the year
643 
106 
82 
11 
842 
At 29 October 2023
4,362 
20,515 
31,120 
12,792 
68,789 
Net book value
At 29 October 2023
59,890 
599 
246 
34 
60,769 
At 29 October 2022
60,533 
705 
328 
45 
61,611 
6
Investment property
2023 
£ 
Fair value at 30 October 2022
1,315,862 
At 29 October 2023
1,315,862 
Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually by external valuers. The valuers use observable market prices, adjusted if necessary for any difference in the nature, location or condition of the specific asset. Changes in fair value are recognised in profit or loss.
7
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Accrued income and prepayments
12,149 
12,149 
Other debtors
26,827 
26,827 
38,976 
38,976 
8
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
103,908 
47,618 
Trade creditors
19,800 
19,800 
Taxes and social security
56,091 
47,679 
Other creditors
330,750 
317,342 
Accruals
4,501 
4,501 
515,050 
436,940 
9
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
212,210 
299,640 
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HUBIE ST PLUMBING WAREHOUSE LIMITED Notes to the Accounts for the year ended 29 October 2023
10
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2 
2 
11
Average number of employees
During the year the average number of employees was 4 (2022: 4).
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