Company Registration No. 14049283 (England and Wales)
The Hub (kent) Ltd
Unaudited accounts
for the year ended 30 April 2024
The Hub (kent) Ltd
Company Information
for the year ended 30 April 2024
Company Number
14049283 (England and Wales)
Registered Office
Riverside House Churchfield Way
Wye
Ashford
TN25 5BX
England
Accountants
Luci Pollard Ltd
150B Bridge Street
Wye
Ashford
Select County
TN25 5DP
The Hub (kent) Ltd
Statement of financial position
as at 30 April 2024
Tangible assets
160,792
150,000
Cash at bank and in hand
3,683
6,813
Creditors: amounts falling due within one year
(19,740)
(156,813)
Net current liabilities
(16,057)
(150,000)
Total assets less current liabilities
144,735
-
Creditors: amounts falling due after more than one year
(30,000)
-
Called up share capital
1,500
-
Profit and loss account
113,235
-
Shareholders' funds
114,735
-
For the year ending 30 April 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 director acknowledges his 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 and authorised for issue on 30 January 2025 and were signed on its behalf by
Matthew Hayday
Director
Company Registration No. 14049283
The Hub (kent) Ltd
Notes to the Accounts
for the year ended 30 April 2024
The Hub (kent) Ltd is a private company, limited by shares, registered in England and Wales, registration number 14049283. The registered office is Riverside House Churchfield Way, Wye, Ashford, TN25 5BX, England.
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% reducing balance
4
Tangible fixed assets
Land & buildings
Plant & machinery
Total
Cost or valuation
At cost
At cost
At 1 May 2023
150,000
-
150,000
Additions
29,510
14,389
43,899
Disposals
(150,000)
-
(150,000)
At 30 April 2024
29,510
14,389
43,899
Charge for the year
-
3,597
3,597
Surplus on revaluation
(120,490)
-
(120,490)
At 30 April 2024
(120,490)
3,597
(116,893)
At 30 April 2024
150,000
10,792
160,792
At 30 April 2023
150,000
-
150,000
The Hub (kent) Ltd
Notes to the Accounts
for the year ended 30 April 2024
5
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
778
-
Loans from directors
15,000
156,813
6
Creditors: amounts falling due after more than one year
2024
2023
Allotted, called up and fully paid:
1,500,000 Ordinary shares of £0.001 each
1,500
1,500
8
Average number of employees
During the year the average number of employees was 3 (2023: 0).