IRIS Accounts Production v25.1.0.734 10460533 Board of Directors 1.10.23 30.9.24 30.9.24 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh104605332023-09-30104605332024-09-30104605332023-10-012024-09-30104605332022-09-30104605332022-10-012023-09-30104605332023-09-3010460533ns15:EnglandWales2023-10-012024-09-3010460533ns14:PoundSterling2023-10-012024-09-3010460533ns10:Director12023-10-012024-09-3010460533ns10:PrivateLimitedCompanyLtd2023-10-012024-09-3010460533ns10:SmallEntities2023-10-012024-09-3010460533ns10:AuditExempt-NoAccountantsReport2023-10-012024-09-3010460533ns10:SmallCompaniesRegimeForDirectorsReport2023-10-012024-09-3010460533ns10:SmallCompaniesRegimeForAccounts2023-10-012024-09-3010460533ns10:FullAccounts2023-10-012024-09-3010460533ns10:OrdinaryShareClass12023-10-012024-09-3010460533ns10:Director22023-10-012024-09-3010460533ns10:RegisteredOffice2023-10-012024-09-3010460533ns5:CurrentFinancialInstruments2024-09-3010460533ns5:CurrentFinancialInstruments2023-09-3010460533ns5:Non-currentFinancialInstruments2024-09-3010460533ns5:Non-currentFinancialInstruments2023-09-3010460533ns5:ShareCapital2024-09-3010460533ns5:ShareCapital2023-09-3010460533ns5:RetainedEarningsAccumulatedLosses2024-09-3010460533ns5:RetainedEarningsAccumulatedLosses2023-09-3010460533ns5:PlantMachinery2023-09-3010460533ns5:PlantMachinery2023-10-012024-09-3010460533ns5:PlantMachinery2024-09-3010460533ns5:PlantMachinery2023-09-3010460533ns5:WithinOneYearns5:CurrentFinancialInstruments2024-09-3010460533ns5:WithinOneYearns5:CurrentFinancialInstruments2023-09-3010460533ns10:OrdinaryShareClass12024-09-30
REGISTERED NUMBER: 10460533 (England and Wales)















Financial Statements for the Year Ended 30 September 2024

for

Hobson & Quinn Ltd

Hobson & Quinn Ltd (Registered number: 10460533)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Hobson & Quinn Ltd

Company Information
for the Year Ended 30 September 2024







DIRECTORS: N Piasecki
Mrs J L Piasecki





REGISTERED OFFICE: 1 Manor Farm Cottage
Peppard Common
Henley On Thames
Oxfordshire
RG9 5LB





REGISTERED NUMBER: 10460533 (England and Wales)





ACCOUNTANTS: K P Cox Accounting Ltd
20 Wynton Close
Didcot
Oxfordshire
OX11 6FG

Hobson & Quinn Ltd (Registered number: 10460533)

Balance Sheet
30 September 2024

30.9.24 30.9.23
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 9,235 11,554

CURRENT ASSETS
Stocks 5,906 7,935
Debtors 5 2,168 4,048
Cash at bank 18,457 29,058
26,531 41,041
CREDITORS
Amounts falling due within one year 6 11,022 42,544
NET CURRENT ASSETS/(LIABILITIES) 15,509 (1,503 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

24,744

10,051

CREDITORS
Amounts falling due after more than one
year

7

22,167

25,967
NET ASSETS/(LIABILITIES) 2,577 (15,916 )

CAPITAL AND RESERVES
Called up share capital 8 2 2
Retained earnings 2,575 (15,918 )
SHAREHOLDERS' FUNDS 2,577 (15,916 )

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

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

Hobson & Quinn Ltd (Registered number: 10460533)

Balance Sheet - continued
30 September 2024


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 April 2025 and were signed on its behalf by:





Mrs J L Piasecki - Director


Hobson & Quinn Ltd (Registered number: 10460533)

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

1. STATUTORY INFORMATION

Hobson & Quinn 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.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 8 (2023 - 8 ) .

Hobson & Quinn Ltd (Registered number: 10460533)

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

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 October 2023
and 30 September 2024 51,540
DEPRECIATION
At 1 October 2023 39,986
Charge for year 2,319
At 30 September 2024 42,305
NET BOOK VALUE
At 30 September 2024 9,235
At 30 September 2023 11,554

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Trade debtors 476 2,356
Other debtors 1,692 1,692
2,168 4,048

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Bank loans and overdrafts 3,800 3,800
Trade creditors 174 155
Taxation and social security 3,892 4,067
Other creditors 3,156 34,522
11,022 42,544

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.9.24 30.9.23
£    £   
Bank loans 22,167 25,967

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.9.24 30.9.23
value: £    £   
2 Ordinary £1 2 2

9. ULTIMATE CONTROLLING PARTY

The controlling party is N Piasecki and J Piasecki.