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REGISTERED NUMBER: 10532872 (England and Wales)















Unaudited Financial Statements for the Year Ended 29 February 2024

for

HUB PROPERTY CARE LTD

HUB PROPERTY CARE LTD (REGISTERED NUMBER: 10532872)

Contents of the Financial Statements
for the Year Ended 29 February 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


HUB PROPERTY CARE LTD

Company Information
for the Year Ended 29 February 2024







DIRECTORS: M A Farrow
D Mulcahy
K Salter
A C Harris





SECRETARY: M Mulcahy





REGISTERED OFFICE: Station House
Station Approach
East Horsley
Leatherhead
Surrey
KT24 6QX





REGISTERED NUMBER: 10532872 (England and Wales)





ACCOUNTANTS: Russell & Co
Station House
Station Approach
East Horsley
Leatherhead
Surrey
KT24 6QX

HUB PROPERTY CARE LTD (REGISTERED NUMBER: 10532872)

Balance Sheet
29 February 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 74,478 74,478
Tangible assets 5 4,974 762
79,452 75,240

CURRENT ASSETS
Debtors 6 258,744 247,532
Cash at bank 74,121 60,035
332,865 307,567
CREDITORS
Amounts falling due within one year 7 289,210 188,364
NET CURRENT ASSETS 43,655 119,203
TOTAL ASSETS LESS CURRENT
LIABILITIES

123,107

194,443

CREDITORS
Amounts falling due after more than one year 8 36,112 122,940
NET ASSETS 86,995 71,503

CAPITAL AND RESERVES
Called up share capital 3 3
Share premium 17,699 17,699
Retained earnings 69,293 53,801
SHAREHOLDERS' FUNDS 86,995 71,503

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

HUB PROPERTY CARE LTD (REGISTERED NUMBER: 10532872)

Balance Sheet - continued
29 February 2024


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 Board of Directors and authorised for issue on 14 November 2024 and were signed on its behalf by:





A C Harris - Director


HUB PROPERTY CARE LTD (REGISTERED NUMBER: 10532872)

Notes to the Financial Statements
for the Year Ended 29 February 2024


1. STATUTORY INFORMATION

Hub Property Care Ltd 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2017.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Equipment - 33% on cost
Computer equipment - 33% on cost

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 21 (2023 - 18 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 March 2023
and 29 February 2024 74,478
NET BOOK VALUE
At 29 February 2024 74,478
At 28 February 2023 74,478

HUB PROPERTY CARE LTD (REGISTERED NUMBER: 10532872)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2024


5. TANGIBLE FIXED ASSETS
Computer
Equipment equipment Totals
£    £    £   
COST
At 1 March 2023 12,945 2,104 15,049
Additions - 7,331 7,331
At 29 February 2024 12,945 9,435 22,380
DEPRECIATION
At 1 March 2023 12,183 2,104 14,287
Charge for year 675 2,444 3,119
At 29 February 2024 12,858 4,548 17,406
NET BOOK VALUE
At 29 February 2024 87 4,887 4,974
At 28 February 2023 762 - 762

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 242,407 218,030
Other debtors 16,337 29,502
258,744 247,532

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 78,564 70,421
Taxation and social security 101,028 75,316
Other creditors 109,618 42,627
289,210 188,364

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bounce Back loan 36,112 42,522
Other creditors - 80,418
36,112 122,940