Company Registration No. 14092382 (England and Wales)
Hobbs Management and Consultancy Ltd
Unaudited accounts
for the year ended 31 May 2024
Hobbs Management and Consultancy Ltd
Unaudited accounts
Contents
Hobbs Management and Consultancy Ltd
Company Information
for the year ended 31 May 2024
Company Number
14092382 (England and Wales)
Registered Office
CEMETERY LODGE, BOUNCERS LANE
PRESTBURY
CHELTENHAM
GLOUCESTERSHIRE
GL52 5JR
UNITED KINGDOM
Accountants
MAB Accountancy Hub Ltd
82 Station Road
Bishops Cleeve
Cheltenham
Gloucestershire
GL52 8HJ
Hobbs Management and Consultancy Ltd
Statement of financial position
as at 31 May 2024
Cash at bank and in hand
25,087
18,142
Creditors: amounts falling due within one year
(30,383)
(26,653)
Net current assets
11,066
5,277
Called up share capital
100
100
Profit and loss account
14,270
5,177
Shareholders' funds
14,370
5,277
For the year ending 31 May 2024 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 director acknowledges his 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 and authorised for issue on 27 September 2024 and were signed on its behalf by
Darrell Hobbs
Director
Company Registration No. 14092382
Hobbs Management and Consultancy Ltd
Notes to the Accounts
for the year ended 31 May 2024
Hobbs Management and Consultancy Ltd is a private company, limited by shares, registered in England and Wales, registration number 14092382. The registered office is CEMETERY LODGE, BOUNCERS LANE, PRESTBURY, CHELTENHAM, GLOUCESTERSHIRE, GL52 5JR, UNITED KINGDOM.
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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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
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Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
Additions
687
400
2,659
3,746
At 31 May 2024
687
400
2,659
3,746
Charge for the year
158
100
184
442
At 31 May 2024
158
100
184
442
At 31 May 2024
529
300
2,475
3,304
Hobbs Management and Consultancy Ltd
Notes to the Accounts
for the year ended 31 May 2024
Amounts falling due within one year
Trade debtors
16,362
13,788
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
6,588
10,949
Loans from directors
20,003
15,224
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Average number of employees
During the year the average number of employees was 0 (2023: 0).