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Company Registration No. 15324457 (England and Wales)
Luke Hughes Painting&decorating Limited Unaudited accounts for the period from 3 December 2023 to 31 December 2024
Luke Hughes Painting&decorating Limited Unaudited accounts Contents
Page
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Luke Hughes Painting&decorating Limited Company Information for the period from 3 December 2023 to 31 December 2024
Director
Luke Colin Hughes
Company Number
15324457 (England and Wales)
Registered Office
203 West Street Fareham, Hampshire PO16 0EN England
Accountants
Taxsense 203 West Street Fareham Hants PO16 0EN
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Luke Hughes Painting&decorating Limited Accountants' report
Accountants' report to the director of Luke Hughes Painting&decorating Limited on the preparation of the unaudited statutory accounts for the period from 3 December 2023 to 31 December 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Luke Hughes Painting&decorating Limited for the period from 3 December 2023 to 31 December 2024 as set out on pages 5 - 7 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 Luke Hughes Painting&decorating Limited, 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 Luke Hughes Painting&decorating Limited 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 Luke Hughes Painting&decorating Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Luke Hughes Painting&decorating Limited 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 Luke Hughes Painting&decorating Limited. You consider that Luke Hughes Painting&decorating Limited is exempt from the statutory audit requirement for the period.
We have not been instructed to carry out an audit or a review of the accounts of Luke Hughes Painting&decorating Limited. 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.
Taxsense 203 West Street Fareham Hants PO16 0EN 3 February 2025
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Luke Hughes Painting&decorating Limited Statement of financial position as at 31 December 2024
2024 
Notes
£ 
Fixed assets
Intangible assets
5,400 
Tangible assets
11,437 
16,837 
Current assets
Debtors
2,684 
Cash at bank and in hand
70 
2,754 
Creditors: amounts falling due within one year
(13,287)
Net current liabilities
(10,533)
Net assets
6,304 
Capital and reserves
Called up share capital
100 
Profit and loss account
6,204 
Shareholders' funds
6,304 
For the period ending 31 December 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 3 February 2025 and were signed on its behalf by
Luke Colin Hughes Director Company Registration No. 15324457
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Luke Hughes Painting&decorating Limited Notes to the Accounts for the period from 3 December 2023 to 31 December 2024
1
Statutory information
Luke Hughes Painting&decorating Limited is a private company, limited by shares, registered in England and Wales, registration number 15324457. The registered office is 203 West Street, Fareham,, Hampshire, PO16 0EN, 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.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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
Motor vehicles
25% Reducing balance
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation. 10% Straight Line
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 3 December 2023
- 
Additions
6,000 
At 31 December 2024
6,000 
Amortisation
At 3 December 2023
- 
Charge for the period
600 
At 31 December 2024
600 
Net book value
At 31 December 2024
5,400 
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Luke Hughes Painting&decorating Limited Notes to the Accounts for the period from 3 December 2023 to 31 December 2024
5
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 3 December 2023
- 
- 
- 
Additions
832 
14,400 
15,232 
At 31 December 2024
832 
14,400 
15,232 
Depreciation
Charge for the period
195 
3,600 
3,795 
At 31 December 2024
195 
3,600 
3,795 
Net book value
At 31 December 2024
637 
10,800 
11,437 
6
Debtors
2024 
£ 
Amounts falling due within one year
VAT
2,684 
7
Creditors: amounts falling due within one year
2024 
£ 
Other creditors
406 
Loans from directors
12,371 
Accruals
510 
13,287 
8
Share capital
2024 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
9
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Luke Colin Hughes
Director Loan Account
- 
(44,524)
(32,153)
(12,371)
- 
(44,524)
(32,153)
(12,371)
10
Average number of employees
During the period the average number of employees was 3.
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