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REGISTERED NUMBER: 09050701 (England and Wales)











Unaudited Financial Statements

for the Year Ended 30th June 2024

for

Hoddell Stotesbury Morgan Limited

Hoddell Stotesbury Morgan Limited (Registered number: 09050701)






Contents of the Financial Statements
for the Year Ended 30th June 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Hoddell Stotesbury Morgan Limited

Company Information
for the Year Ended 30th June 2024







DIRECTOR: Mr R J Harding



REGISTERED OFFICE: 43 Bluebell Drive
Stansted
Essex
CM24 8XP



REGISTERED NUMBER: 09050701 (England and Wales)



ACCOUNTANTS: Pigram & Co
43 Bluebell Drive
Stansted
Essex
CM24 8XP



SOLICITORS: Russell-Cooke LLP
2 Putney Hill
London
SW15 6AB

Hoddell Stotesbury Morgan Limited (Registered number: 09050701)

Balance Sheet
30th June 2024

30/6/24 30/6/23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 5,430 7,240

CURRENT ASSETS
Debtors 5 185,335 28,906
Cash at bank and in hand 418,846 295,424
604,181 324,330
CREDITORS
Amounts falling due within one year 6 301,614 61,611
NET CURRENT ASSETS 302,567 262,719
TOTAL ASSETS LESS CURRENT
LIABILITIES

307,997

269,959

PROVISIONS FOR LIABILITIES 7 1,032 1,376
NET ASSETS 306,965 268,583

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 8 306,964 268,582
SHAREHOLDERS' FUNDS 306,965 268,583

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th June 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

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 director and authorised for issue on 15th August 2024 and were signed by:



Mr R J Harding - Director


Hoddell Stotesbury Morgan Limited (Registered number: 09050701)

Notes to the Financial Statements
for the Year Ended 30th June 2024

1. STATUTORY INFORMATION

Hoddell Stotesbury Morgan 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.
Fixtures and fittings - 25% on reducing balance
Computer equipment - 25% 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 2 (2023 - 2 ) .

Hoddell Stotesbury Morgan Limited (Registered number: 09050701)

Notes to the Financial Statements - continued
for the Year Ended 30th June 2024

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1st July 2023
and 30th June 2024 54,192 7,815 62,007
DEPRECIATION
At 1st July 2023 48,603 6,164 54,767
Charge for year 1,397 413 1,810
At 30th June 2024 50,000 6,577 56,577
NET BOOK VALUE
At 30th June 2024 4,192 1,238 5,430
At 30th June 2023 5,589 1,651 7,240

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/6/24 30/6/23
£    £   
Trade debtors 178,908 12,720
VAT - 9,604
Prepayments 6,427 6,582
185,335 28,906

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/6/24 30/6/23
£    £   
Trade creditors 66,027 6,721
Tax 87,547 42,001
Social security and other taxes - 700
Wage control account 4,458 -
VAT 34,170 -
Other creditors 20,000 92
Directors' current accounts 3,750 97
Accrued expenses 85,662 12,000
301,614 61,611

7. PROVISIONS FOR LIABILITIES
30/6/24 30/6/23
£    £   
Deferred tax 1,032 1,376

Hoddell Stotesbury Morgan Limited (Registered number: 09050701)

Notes to the Financial Statements - continued
for the Year Ended 30th June 2024

7. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Balance at 1st July 2023 1,376
Credit to Income Statement during year (344 )
Accelerated Capital Allowances
Balance at 30th June 2024 1,032

8. RESERVES
Retained
earnings
£   

At 1st July 2023 268,582
Profit for the year 258,382
Dividends (220,000 )
At 30th June 2024 306,964

9. ULTIMATE CONTROLLING PARTY

Mr R J Harding is considered to be the ultimate controlling party by virtue of his shareholding in the company.