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REGISTERED NUMBER: 11877892 (England and Wales)















UK HOUSE HUB LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024






UK HOUSE HUB LIMITED (REGISTERED NUMBER: 11877892)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


UK HOUSE HUB LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTOR: Mr M Mohammed





REGISTERED OFFICE: 15 High Street
Brackley
Northamptonshire
NN13 7DH





REGISTERED NUMBER: 11877892 (England and Wales)





ACCOUNTANTS: Blencowes
15 High Street
Brackley
Northamptonshire
NN13 7DH

UK HOUSE HUB LIMITED (REGISTERED NUMBER: 11877892)

BALANCE SHEET
31 MARCH 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 13,727 18,839
Investments 5 125,005 175,005
138,732 193,844

CURRENT ASSETS
Debtors 6 293,433 277,907
Cash at bank and in hand 51,637 53,975
345,070 331,882
CREDITORS
Amounts falling due within one year 7 233,768 222,801
NET CURRENT ASSETS 111,302 109,081
TOTAL ASSETS LESS CURRENT
LIABILITIES

250,034

302,925

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 249,934 302,825
SHAREHOLDERS' FUNDS 250,034 302,925

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 1 October 2024 and were signed by:





Mr M Mohammed - Director


UK HOUSE HUB LIMITED (REGISTERED NUMBER: 11877892)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1. STATUTORY INFORMATION

UK House Hub 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.

The presentation currency of the financial statements is rounded to the nearest pound sterling (£).

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 net of VAT and trade discounts. The policies adopted for the recognition of turnover are as follows:

Rendering of services

When the outcome of a transaction can be estimated reliably, turnover is recognised by reference to the stage of completion at the balance sheet date.

Where the outcome cannot be measured reliably, turnover is recognised only to the extent of the expenses recognised that are recoverable.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - 20% on cost
Plant and machinery - 15% on reducing balance
Fixtures and fittings - 25% on reducing balance
Computer equipment - Straight line basis over 3 year period

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 taxation
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.

UK HOUSE HUB LIMITED (REGISTERED NUMBER: 11877892)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

2. ACCOUNTING POLICIES - continued

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.

Debtors and creditors receivable/payable within one year.
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2023 - 6 ) .

4. TANGIBLE FIXED ASSETS
Improvements Fixtures
to Plant and and Computer
property machinery fittings equipment Totals
£    £    £    £    £   
COST
At 1 April 2023 21,709 659 5,900 5,201 33,469
Additions - - - 626 626
At 31 March 2024 21,709 659 5,900 5,827 34,095
DEPRECIATION
At 1 April 2023 7,134 261 2,694 4,541 14,630
Charge for year 4,342 60 802 534 5,738
At 31 March 2024 11,476 321 3,496 5,075 20,368
NET BOOK VALUE
At 31 March 2024 10,233 338 2,404 752 13,727
At 31 March 2023 14,575 398 3,206 660 18,839

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 April 2023 175,005
Disposals (50,000 )
At 31 March 2024 125,005
NET BOOK VALUE
At 31 March 2024 125,005
At 31 March 2023 175,005

UK HOUSE HUB LIMITED (REGISTERED NUMBER: 11877892)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 55,755 95,496
Amounts recoverable on contract 211,235 169,671
Other debtors 15,871 8,770
VAT 7,474 -
Prepayments 3,098 3,970
293,433 277,907

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 100,536 12,568
Tax 5,909 58,360
Social security and other taxes 2,064 2,375
VAT - 10,342
Other creditors 28,476 641
Directors' current accounts 74,173 135,204
Deferred income 18,863 -
Accrued expenses 3,747 3,311
233,768 222,801

8. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2024 2023
£    £   
Within one year 26,800 26,800
Between one and five years 35,733 62,533
62,533 89,333

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary £1 100 100

10. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The director, Mr M Mohammed, introduced £200,000 into the business on 10 July 2019. The balance as at year end owed to the director was £74,173.

The director, Mr M Mohammed, owns 100% of the issued share capital. Dividends were declared and paid in the year to 31 March 2024 of £36,500.