Caseware UK (AP4) 2023.0.135 2023.0.135 2024-06-302024-06-30trueManagement of real estate on a fee or contract basis02023-01-01false0trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 08182986 2023-01-01 2024-06-30 08182986 2022-01-01 2022-12-31 08182986 2024-06-30 08182986 2022-12-31 08182986 2022-01-01 08182986 c:Director3 2023-01-01 2024-06-30 08182986 d:CurrentFinancialInstruments 2024-06-30 08182986 d:CurrentFinancialInstruments 2022-12-31 08182986 d:CurrentFinancialInstruments d:WithinOneYear 2024-06-30 08182986 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 08182986 d:ShareCapital 2024-06-30 08182986 d:ShareCapital 2022-12-31 08182986 d:ShareCapital 2022-01-01 08182986 d:RetainedEarningsAccumulatedLosses 2023-01-01 2024-06-30 08182986 d:RetainedEarningsAccumulatedLosses 2024-06-30 08182986 d:RetainedEarningsAccumulatedLosses 2022-01-01 2022-12-31 08182986 d:RetainedEarningsAccumulatedLosses 2022-12-31 08182986 d:RetainedEarningsAccumulatedLosses 2022-01-01 08182986 c:FRS102 2023-01-01 2024-06-30 08182986 c:AuditExempt-NoAccountantsReport 2023-01-01 2024-06-30 08182986 c:FullAccounts 2023-01-01 2024-06-30 08182986 c:PrivateLimitedCompanyLtd 2023-01-01 2024-06-30 08182986 6 2023-01-01 2024-06-30 08182986 e:PoundSterling 2023-01-01 2024-06-30 iso4217:GBP xbrli:pure

Registered number: 08182986










HOBBY FAMILY LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 30 JUNE 2024

 
HOBBY FAMILY LIMITED
REGISTERED NUMBER: 08182986

BALANCE SHEET
AS AT 30 JUNE 2024

30 June
31 December
2024
2022
Note
£
£

Fixed assets
  

Investments
 5 
35,175
35,175

  
35,175
35,175

Current assets
  

Debtors: amounts falling due within one year
 6 
79,377
152,788

  
79,377
152,788

Creditors: amounts falling due within one year
 7 
(96,581)
(168,317)

Net current liabilities
  
 
 
(17,204)
 
 
(15,529)

Total assets less current liabilities
  
17,971
19,646

  

Net assets
  
17,971
19,646


Capital and reserves
  

Called up share capital 
  
3
3

Profit and loss account
  
17,968
19,643

  
17,971
19,646


Page 1

 
HOBBY FAMILY LIMITED
REGISTERED NUMBER: 08182986

BALANCE SHEET (CONTINUED)
AS AT 30 JUNE 2024

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the period in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




T F Souto
Director

Date: 24 March 2025

The notes on pages 4 to 6 form part of these financial statements.

Page 2

 
HOBBY FAMILY LIMITED
 

STATEMENT OF CHANGES IN EQUITY
FOR THE PERIOD ENDED 30 JUNE 2024


Called up share capital
Profit and loss account
Total equity

£
£
£

At 1 January 2023
3
19,643
19,646



Profit for the period
-
208,325
208,325

Dividends: Equity capital
-
(210,000)
(210,000)


At 30 June 2024
3
17,968
17,971



STATEMENT OF CHANGES IN EQUITY
FOR THE PERIOD ENDED 31 DECEMBER 2022


Called up share capital
Profit and loss account
Total equity

£
£
£

At 1 January 2022
3
20,652
20,655



Profit for the year
-
88,991
88,991

Dividends: Equity capital
-
(90,000)
(90,000)


At 31 December 2022
3
19,643
19,646


The notes on pages 4 to 6 form part of these financial statements.

Page 3

 
HOBBY FAMILY LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 JUNE 2024

1.


General information

The company is limited by shares and is incorporated in England and Wales. The registered office and principal place of business is Brightwalton House, Brightwalton, Newbury, RG20 7BZ.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Current and deferred taxation

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


 
2.3

Valuation of investments

Investments in unlisted Company shares, whose market value can be reliably determined, are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in the Statement of Comprehensive Income for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment.

 
2.4

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Page 4

 
HOBBY FAMILY LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 JUNE 2024

2.Accounting policies (continued)

 
2.5

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.6

Provisions for liabilities

Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made.
Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties.
 
Increases in provisions are generally charged as an expense to profit or loss.

 
2.7

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees

The Company has no employees other than directors, who did not receive any remuneration (2022 - £NIL).

Page 5

 
HOBBY FAMILY LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 JUNE 2024

4.


Dividends

30 June
31 December
2024
2022
£
£


Interim dividend
210,000
90,000

210,000
90,000


5.


Fixed asset investments








Fixed asset investments

£



Cost or valuation


At 1 January 2023
35,175



At 30 June 2024
35,175





6.


Debtors

30 June
31 December
2024
2022
£
£


Other debtors
79,012
152,423

Deferred taxation
365
365

79,377
152,788



7.


Creditors: Amounts falling due within one year

30 June
31 December
2024
2022
£
£

Amounts owed to group undertakings
-
167,190

Corporation tax
77
77

Other creditors
95,504
90

Accruals and deferred income
1,000
960

96,581
168,317



Page 6