C A Hughes Limited 08142496 false 2023-04-01 2024-08-31 2024-08-31 The principal activity of the company is holding company Digita Accounts Production Advanced 6.30.9574.0 true false true 08142496 2023-04-01 2024-08-31 08142496 2024-08-31 08142496 core:CurrentFinancialInstruments 2024-08-31 08142496 core:CurrentFinancialInstruments core:WithinOneYear 2024-08-31 08142496 core:Non-currentFinancialInstruments 2024-08-31 08142496 core:Non-currentFinancialInstruments core:AfterOneYear 2024-08-31 08142496 core:OfficeEquipment 2024-08-31 08142496 bus:SmallEntities 2023-04-01 2024-08-31 08142496 bus:AuditExemptWithAccountantsReport 2023-04-01 2024-08-31 08142496 bus:FilletedAccounts 2023-04-01 2024-08-31 08142496 bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-08-31 08142496 bus:RegisteredOffice 2023-04-01 2024-08-31 08142496 bus:CompanySecretaryDirector1 2023-04-01 2024-08-31 08142496 bus:PrivateLimitedCompanyLtd 2023-04-01 2024-08-31 08142496 countries:EnglandWales 2023-04-01 2024-08-31 08142496 2023-03-31 08142496 core:CostValuation 2023-03-31 08142496 core:OfficeEquipment 2023-03-31 08142496 2022-04-01 2023-03-31 08142496 2023-03-31 08142496 core:CurrentFinancialInstruments 2023-03-31 08142496 core:CurrentFinancialInstruments core:WithinOneYear 2023-03-31 08142496 core:Non-currentFinancialInstruments 2023-03-31 08142496 core:Non-currentFinancialInstruments core:AfterOneYear 2023-03-31 iso4217:GBP xbrli:pure

Registration number: 08142496

C A Hughes Limited

Unaudited Filleted Financial Statements

for the Period from 1 April 2023 to 31 August 2024

 

C A Hughes Limited

Contents

Balance Sheet

1 to 2

Notes to the Unaudited Financial Statements

3 to 6

 

C A Hughes Limited

(Registration number: 08142496)
Balance Sheet as at 31 August 2024

Note

2024
£

2023
£

Fixed assets

 

Investments

5

772,076

772,076

Current assets

 

Debtors

6

9,901

3,665

Cash at bank and in hand

 

8,457

16,198

 

18,358

19,863

Creditors: Amounts falling due within one year

7

(42,234)

(58,305)

Net current liabilities

 

(23,876)

(38,442)

Total assets less current liabilities

 

748,200

733,634

Creditors: Amounts falling due after more than one year

7

(478,659)

(519,902)

Net assets

 

269,541

213,732

Capital and reserves

 

Called up share capital

100

100

Retained earnings

269,441

213,632

Shareholders' funds

 

269,541

213,732

For the financial period ending 31 August 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 2 January 2025
 

 

C A Hughes Limited

(Registration number: 08142496)
Balance Sheet as at 31 August 2024

.........................................
Dr Craig Hughes
Company secretary and director

 

C A Hughes Limited

Notes to the Unaudited Financial Statements for the Period from 1 April 2023 to 31 August 2024

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Suite I Windrush Court
Abingdon Business Park
Abingdon
Oxfordshire
OX14 1SY
United Kingdom

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Business combinations

Business combinations are accounted for using the purchase method. The consideration for each acquisition is measured at the aggregate of the fair values at acquisition date of assets given, liabilities incurred or assumed, and equity instruments issued by the group in exchange for control of the acquired, plus any costs directly attributable to the business combination. When a business combination agreement provides for an adjustment to the cost of the combination contingent on future events, the group includes the estimated amount of that adjustment in the cost of the combination at the acquisition date if the adjustment is probable and can be measured reliably.

 

C A Hughes Limited

Notes to the Unaudited Financial Statements for the Period from 1 April 2023 to 31 August 2024

Investments

Investments in equity shares which are publicly traded or where the fair value can be measured reliably are initially measured at fair value, with changes in fair value recognised in profit or loss. Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.


Interest income on debt securities, where applicable, is recognised in income using the effective interest method. Dividends on equity securities are recognised in income when receivable.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the Profit and Loss Account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3

Staff numbers

The average number of persons employed by the company (including the director) during the period, was 1 (2023 - 1).

 

C A Hughes Limited

Notes to the Unaudited Financial Statements for the Period from 1 April 2023 to 31 August 2024

4

Tangible assets

Office equipment
£

Total
£

Cost or valuation

At 1 April 2023

211

211

At 31 August 2024

211

211

Depreciation

At 1 April 2023

211

211

At 31 August 2024

211

211

Carrying amount

At 31 August 2024

-

-

5

Investments

2024
£

2023
£

Investments in subsidiaries

772,076

772,076

Subsidiaries

£

Cost or valuation

At 1 April 2023

772,076

Provision

Carrying amount

At 31 August 2024

772,076

At 31 March 2023

772,076

6

Debtors

Current

Note

2024
£

2023
£

Amounts owed by related parties

9,901

3,665

   

9,901

3,665

 

C A Hughes Limited

Notes to the Unaudited Financial Statements for the Period from 1 April 2023 to 31 August 2024

7

Creditors

Creditors: amounts falling due within one year

Note

2024
£

2023
£

Due within one year

 

Loans and borrowings

8

32,210

32,210

Other creditors

 

10,024

26,095

 

42,234

58,305

Creditors: amounts falling due after more than one year

Note

2024
£

2023
£

Due after one year

 

Loans and borrowings

8

478,659

519,902

8

Loans and borrowings

Current loans and borrowings

2024
£

2023
£

Bank borrowings

32,210

32,210

Non-current loans and borrowings

2024
£

2023
£

Bank borrowings

478,659

519,902