Company Registration No. NI063689 (Northern Ireland)
Huston Ltd
Unaudited accounts
for the year ended 31 March 2024
Huston Ltd
Unaudited accounts
Contents
Huston Ltd
Company Information
for the year ended 31 March 2024
Directors
Felicity Huston
Adrian Huston
Alexander Huston
Patrick Huston
Company Number
NI063689 (Northern Ireland)
Registered Office
13 Cabin Hill Gardens
Ballycloghan
BELFAST
BT5 7AP
UK
Accountants
Huston & Co
13 Cabin Hill Gardens
Ballycloghan
BELFAST
Co Down
BT5 7AP
Huston Ltd
Accountants' report
Accountants' report to the board of directors of Huston Ltd on the preparation of the unaudited statutory accounts for the year ended 31 March 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
Huston Ltd for the year ended
31 March 2024 as set out on pages
5 -
8 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of Huston Ltd, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of Huston Ltd and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Huston Ltd and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Huston Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Huston Ltd. You consider that Huston Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Huston Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Huston & Co
13 Cabin Hill Gardens
Ballycloghan
BELFAST
Co Down
BT5 7AP
26 November 2024
Huston Ltd
Statement of financial position
as at 31 March 2024
Tangible assets
3,327
4,053
Cash at bank and in hand
74,685
50,725
Creditors: amounts falling due within one year
(104,856)
(92,091)
Net current liabilities
(24,167)
(31,503)
Net liabilities
(20,839)
(27,449)
Called up share capital
100
100
Profit and loss account
(20,939)
(27,549)
Shareholders' funds
(20,839)
(27,449)
For the year ending 31 March 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 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 26 November 2024 and were signed on its behalf by
Adrian Huston
Director
Company Registration No. NI063689
Huston Ltd
Notes to the Accounts
for the year ended 31 March 2024
Huston Ltd is a private company, limited by shares, registered in Northern Ireland, registration number NI063689. The registered office is 13 Cabin Hill Gardens, Ballycloghan, BELFAST, BT5 7AP, UK.
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.
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 represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% on reducing balance
Intangible fixed assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight basis over their estimated useful economic lives until the expected retirement date of the directors. Impairment of intangible fixed assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.
4
Intangible fixed assets
Goodwill
Huston Ltd
Notes to the Accounts
for the year ended 31 March 2024
5
Tangible fixed assets
Plant & machinery
Amounts falling due within one year
7
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
(361)
-
Loans from directors
98,301
80,721
Apart from current VAT and Corporation Tax the only creditors are directors in respect of loans made to the company.
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
The company pays pension contributions for all employees.
Huston Ltd
Notes to the Accounts
for the year ended 31 March 2024
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
11
Average number of employees
During the year the average number of employees was 4 (2023: 4).