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REGISTERED NUMBER: 08585091 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2024

for

Huddle Furniture Ltd

Huddle Furniture Ltd (Registered number: 08585091)






Contents of the Financial Statements
for the Year Ended 31 December 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Huddle Furniture Ltd

Company Information
for the Year Ended 31 December 2024







DIRECTORS: Mr J O Elmer
Mrs K L Elmer





SECRETARY: Mrs K L Elmer





REGISTERED OFFICE: 41 Slave Hill
Haddenham
Buckinghamshire
HP17 8AZ





REGISTERED NUMBER: 08585091 (England and Wales)





ACCOUNTANTS: Wagner Mason Accountants Ltd
132 Gidley Way
Horspath
Oxford
Oxfordshire
OX33 1TD

Huddle Furniture Ltd (Registered number: 08585091)

Balance Sheet
31 December 2024

31.12.24 31.12.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 9,994 20,688

CURRENT ASSETS
Debtors 5 147,456 100,761
Cash at bank 314,973 206,932
462,429 307,693
CREDITORS
Amounts falling due within one year 6 235,456 126,253
NET CURRENT ASSETS 226,973 181,440
TOTAL ASSETS LESS CURRENT
LIABILITIES

236,967

202,128

PROVISIONS FOR LIABILITIES 2,499 5,172
NET ASSETS 234,468 196,956

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 234,467 196,955
234,468 196,956

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 22 January 2025 and were signed on its behalf by:



Mr J O Elmer - Director


Huddle Furniture Ltd (Registered number: 08585091)

Notes to the Financial Statements
for the Year Ended 31 December 2024

1. STATUTORY INFORMATION

Huddle Furniture 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - Straight line over 3 years
Office equipment - Straight line over 3 years

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

Huddle Furniture Ltd (Registered number: 08585091)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2024
and 31 December 2024 46,961
DEPRECIATION
At 1 January 2024 26,273
Charge for year 10,694
At 31 December 2024 36,967
NET BOOK VALUE
At 31 December 2024 9,994
At 31 December 2023 20,688

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Trade debtors 128,256 100,761
Prepayments 19,200 -
147,456 100,761

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Trade creditors 6,289 3,245
Taxation and social security 115,270 82,723
Other creditors 113,897 40,285
235,456 126,253