IRIS Accounts Production v25.1.0.734 06872221 Board of Directors 29.4.23 27.4.24 27.4.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh068722212023-04-28068722212024-04-27068722212023-04-292024-04-27068722212022-04-29068722212022-04-302023-04-28068722212023-04-2806872221ns15:EnglandWales2023-04-292024-04-2706872221ns14:PoundSterling2023-04-292024-04-2706872221ns10:Director12023-04-292024-04-2706872221ns10:PrivateLimitedCompanyLtd2023-04-292024-04-2706872221ns10:SmallEntities2023-04-292024-04-2706872221ns10:AuditExempt-NoAccountantsReport2023-04-292024-04-2706872221ns10:SmallCompaniesRegimeForDirectorsReport2023-04-292024-04-2706872221ns10:SmallCompaniesRegimeForAccounts2023-04-292024-04-2706872221ns10:FullAccounts2023-04-292024-04-2706872221ns10:Director22023-04-292024-04-2706872221ns10:RegisteredOffice2023-04-292024-04-2706872221ns5:CurrentFinancialInstruments2024-04-2706872221ns5:CurrentFinancialInstruments2023-04-2806872221ns5:Non-currentFinancialInstruments2024-04-2706872221ns5:Non-currentFinancialInstruments2023-04-2806872221ns5:ShareCapital2024-04-2706872221ns5:ShareCapital2023-04-2806872221ns5:RetainedEarningsAccumulatedLosses2024-04-2706872221ns5:RetainedEarningsAccumulatedLosses2023-04-2806872221ns5:PlantMachinery2023-04-292024-04-2706872221ns5:FurnitureFittings2023-04-292024-04-2706872221ns5:MotorVehicles2023-04-292024-04-2706872221ns5:PlantMachinery2023-04-2806872221ns5:FurnitureFittings2023-04-2806872221ns5:MotorVehicles2023-04-2806872221ns5:PlantMachinery2024-04-2706872221ns5:FurnitureFittings2024-04-2706872221ns5:MotorVehicles2024-04-2706872221ns5:PlantMachinery2023-04-2806872221ns5:FurnitureFittings2023-04-2806872221ns5:MotorVehicles2023-04-2806872221ns5:WithinOneYearns5:CurrentFinancialInstruments2024-04-2706872221ns5:WithinOneYearns5:CurrentFinancialInstruments2023-04-2806872221ns5:DeferredTaxation2023-04-2806872221ns5:DeferredTaxation2023-04-292024-04-2706872221ns5:DeferredTaxation2024-04-27
REGISTERED NUMBER: 06872221 (England and Wales)















Unaudited Financial Statements

for the Period 29 April 2023 to 27 April 2024

for

Huttons North East Limited

Huttons North East Limited (Registered number: 06872221)






Contents of the Financial Statements
for the Period 29 April 2023 to 27 April 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Huttons North East Limited

Company Information
for the Period 29 April 2023 to 27 April 2024







DIRECTORS: Mr S R L McAuley
Mr J D McAuley





REGISTERED OFFICE: Krakowia
Saltburn Road
Brotton
Saltburn By The Sea
Cleveland
TS12 2PJ





REGISTERED NUMBER: 06872221 (England and Wales)





ACCOUNTANTS: Philip Burley & Co
Chartered Accountants
28 Bagdale
Whitby
YO21 1QL

Huttons North East Limited (Registered number: 06872221)

Balance Sheet
27 April 2024

27.4.24 28.4.23
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 273,947 269,433

CURRENT ASSETS
Debtors 5 1,131,335 1,322,847
Cash at bank 105,341 357,835
1,236,676 1,680,682
CREDITORS
Amounts falling due within one year 6 640,299 766,230
NET CURRENT ASSETS 596,377 914,452
TOTAL ASSETS LESS CURRENT
LIABILITIES

870,324

1,183,885

CREDITORS
Amounts falling due after more than one
year

7

(126,484

)

(185,583

)

PROVISIONS FOR LIABILITIES 8 (68,486 ) (67,358 )
NET ASSETS 675,354 930,944

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 675,254 930,844
SHAREHOLDERS' FUNDS 675,354 930,944

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 27 April 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 27 April 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.

Huttons North East Limited (Registered number: 06872221)

Balance Sheet - continued
27 April 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 28 April 2025 and were signed on its behalf by:





Mr S R L McAuley - Director


Huttons North East Limited (Registered number: 06872221)

Notes to the Financial Statements
for the Period 29 April 2023 to 27 April 2024

1. STATUTORY INFORMATION

Huttons North East Limited 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 - 20% on reducing balance
Fixtures and fittings - 20% on reducing balance
Motor vehicles - 20% on reducing balance

Taxation
Taxation for the period 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 period 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.

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 period was 9 (2023 - 9 ) .

Huttons North East Limited (Registered number: 06872221)

Notes to the Financial Statements - continued
for the Period 29 April 2023 to 27 April 2024

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor
machinery fittings vehicles Totals
£    £    £    £   
COST
At 29 April 2023 262,501 48,031 254,185 564,717
Additions - - 73,000 73,000
At 27 April 2024 262,501 48,031 327,185 637,717
DEPRECIATION
At 29 April 2023 159,764 34,600 100,920 295,284
Charge for period 20,547 2,686 45,253 68,486
At 27 April 2024 180,311 37,286 146,173 363,770
NET BOOK VALUE
At 27 April 2024 82,190 10,745 181,012 273,947
At 28 April 2023 102,737 13,431 153,265 269,433

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
27.4.24 28.4.23
£    £   
Trade debtors 312,778 321,242
Other debtors 818,557 1,001,605
1,131,335 1,322,847

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
27.4.24 28.4.23
£    £   
Hire purchase contracts 68,132 54,109
Trade creditors 226,003 310,202
Taxation and social security 228,896 272,341
Other creditors 117,268 129,578
640,299 766,230

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
27.4.24 28.4.23
£    £   
Hire purchase contracts 97,007 107,714
Other creditors 29,477 77,869
126,484 185,583

8. PROVISIONS FOR LIABILITIES
27.4.24 28.4.23
£    £   
Deferred tax 68,486 67,358

Huttons North East Limited (Registered number: 06872221)

Notes to the Financial Statements - continued
for the Period 29 April 2023 to 27 April 2024

8. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Balance at 29 April 2023 67,358
Provided during period 1,128
Balance at 27 April 2024 68,486