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REGISTERED NUMBER: 10011119 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 April 2024

for

Huthwaite Freston Williams-Jones Limited

Huthwaite Freston Williams-Jones Limited (Registered number: 10011119)






Contents of the Financial Statements
for the Year Ended 30 April 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Huthwaite Freston Williams-Jones Limited

Company Information
for the Year Ended 30 April 2024







DIRECTORS: N K Freston
A M Williams-Jones





REGISTERED OFFICE: Suite 5 Corum 2
Corum Office Park
Crown Way
Warmley
Bristol
BS30 8FJ





REGISTERED NUMBER: 10011119 (England and Wales)





ACCOUNTANTS: Verinder Powell Associates Ltd
Suite 5 Corum 2
Corum Office Park
Crown Way
Warmley
Bristol
BS30 8FJ

Huthwaite Freston Williams-Jones Limited (Registered number: 10011119)

Balance Sheet
30 April 2024

30.4.24 30.4.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,845 840

CURRENT ASSETS
Debtors 5 37,484 40,332
Cash at bank 57,587 89,118
95,071 129,450
CREDITORS
Amounts falling due within one year 6 103,580 90,837
NET CURRENT (LIABILITIES)/ASSETS (8,509 ) 38,613
TOTAL ASSETS LESS CURRENT LIABILITIES (5,664 ) 39,453

CREDITORS
Amounts falling due after more than one
year

7

(12,346

)

(21,658

)

PROVISIONS FOR LIABILITIES - (276 )
NET (LIABILITIES)/ASSETS (18,010 ) 17,519

CAPITAL AND RESERVES
Called up share capital 90 90
Retained earnings (18,100 ) 17,429
(18,010 ) 17,519

Huthwaite Freston Williams-Jones Limited (Registered number: 10011119)

Balance Sheet - continued
30 April 2024


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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.

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 15 January 2025 and were signed on its behalf by:





A M Williams-Jones - Director


Huthwaite Freston Williams-Jones Limited (Registered number: 10011119)

Notes to the Financial Statements
for the Year Ended 30 April 2024

1. STATUTORY INFORMATION

Huthwaite Freston Williams-Jones 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 the 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.

There have been no material departures from the Financial Reporting Standard 102 1A.

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

The company recognises revenue when:
- the amount of revenue can be reliably measured;
- it is probable that future benefits will flow into the entity;
- the entity retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the services provided;
- the cost incurred or to be incurred in respect of the transaction can be reliably measured;
- all of the significant risks and rewards of ownership have been transferred to the customer; and
- specific criteria have been met for each of the company’s activities.

Tangible fixed assets
Tangible fixed 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 is provided at the following annual rates in order to write off each asset over its estimated useful life.

Furniture, fittings and equipment- 33% on cost


Huthwaite Freston Williams-Jones Limited (Registered number: 10011119)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

2. ACCOUNTING POLICIES - continued
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 tax
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.

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.

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.

Going concern
The financial statements have been prepared on a going concern basis following confirmation that the directors will continue to financially support the company in order to maintain its operations as necessary for the foreseeable future and at least 12 months from the date of signing the financial statements.

Huthwaite Freston Williams-Jones Limited (Registered number: 10011119)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - 5 ) .

4. TANGIBLE FIXED ASSETS
Furniture,
fittings
and
equipment
£   
COST
At 1 May 2023 2,233
Additions 2,712
At 30 April 2024 4,945
DEPRECIATION
At 1 May 2023 1,393
Charge for year 707
At 30 April 2024 2,100
NET BOOK VALUE
At 30 April 2024 2,845
At 30 April 2023 840

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Trade debtors 20,680 32,479
Other debtors 16,804 7,853
37,484 40,332

Huthwaite Freston Williams-Jones Limited (Registered number: 10011119)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Bank loans and overdrafts 10,027 10,648
Trade creditors 1,442 354
Taxation and social security 16,456 14,387
Other creditors 75,655 65,448
103,580 90,837

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
30.4.24 30.4.23
£    £   
Bank loans 12,346 21,658

Included in bank loans in notes 6 and 7 is a combined balance of £22,373 (2023 - £32,306) which is unsecured and guaranteed by the government.

8. RELATED PARTY DISCLOSURES

Loans from related parties



Key
Management


Total
2024 £ £
At start of period 17,451 17,451
Advanced 9,937 9,937
Repaid (6,282 ) (6,282 )
At end of period 21,106 21,106


Key
Management


Total
2023 £ £
At start of period 9,609 9,609
Advanced 7,842 7,842
Repaid - -
At end of period 17,451 17,451

Loans from key management are interest free and repayable on demand.

Huthwaite Freston Williams-Jones Limited (Registered number: 10011119)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

8. RELATED PARTY DISCLOSURES - continued

Loans to related parties



Key
Management


Total
2024 £ £
At start of period - -
Advanced - -
Repaid - -
At end of period - -


Key
Management


Total
2023 £ £
At start of period 613 613
Advanced - -
Repaid (613 ) (613 )
At end of period - -

Loans to key management are interest free and repayable on demand.