2023-09-012024-08-312024-08-31false12540542THE LUCCOMBE HUB LIMITED2025-04-30falseiso4217:GBPxbrli:pure125405422023-09-01125405422024-08-31125405422023-09-012024-08-31125405422022-09-01125405422023-08-31125405422022-09-012023-08-3112540542bus:SmallEntities2023-09-012024-08-3112540542bus:AuditExempt-NoAccountantsReport2023-09-012024-08-3112540542bus:FullAccounts2023-09-012024-08-3112540542bus:PrivateLimitedCompanyLtd2023-09-012024-08-3112540542core:WithinOneYear2024-08-3112540542core:AfterOneYear2024-08-3112540542core:WithinOneYear2023-08-3112540542core:AfterOneYear2023-08-3112540542core:ShareCapital2024-08-3112540542core:SharePremium2024-08-3112540542core:RevaluationReserve2024-08-3112540542core:OtherReservesSubtotal2024-08-3112540542core:RetainedEarningsAccumulatedLosses2024-08-3112540542core:ShareCapital2023-08-3112540542core:SharePremium2023-08-3112540542core:RevaluationReserve2023-08-3112540542core:OtherReservesSubtotal2023-08-3112540542core:RetainedEarningsAccumulatedLosses2023-08-3112540542core:LandBuildings2024-08-3112540542core:PlantMachinery2024-08-3112540542core:Vehicles2024-08-3112540542core:FurnitureFittings2024-08-3112540542core:OfficeEquipment2024-08-3112540542core:NetGoodwill2024-08-3112540542core:IntangibleAssetsOtherThanGoodwill2024-08-3112540542core:ListedExchangeTraded2024-08-3112540542core:UnlistedNon-exchangeTraded2024-08-3112540542core:LandBuildings2023-08-3112540542core:PlantMachinery2023-08-3112540542core:Vehicles2023-08-3112540542core:FurnitureFittings2023-08-3112540542core:OfficeEquipment2023-08-3112540542core:NetGoodwill2023-08-3112540542core:IntangibleAssetsOtherThanGoodwill2023-08-3112540542core:ListedExchangeTraded2023-08-3112540542core:UnlistedNon-exchangeTraded2023-08-3112540542core:LandBuildings2023-09-012024-08-3112540542core:PlantMachinery2023-09-012024-08-3112540542core:Vehicles2023-09-012024-08-3112540542core:FurnitureFittings2023-09-012024-08-3112540542core:OfficeEquipment2023-09-012024-08-3112540542core:NetGoodwill2023-09-012024-08-3112540542core:IntangibleAssetsOtherThanGoodwill2023-09-012024-08-3112540542core:ListedExchangeTraded2023-09-012024-08-3112540542core:UnlistedNon-exchangeTraded2023-09-012024-08-3112540542core:MoreThanFiveYears2023-09-012024-08-3112540542core:Non-currentFinancialInstruments2024-08-3112540542core:Non-currentFinancialInstruments2023-08-3112540542dpl:CostSales2023-09-012024-08-3112540542dpl:DistributionCosts2023-09-012024-08-3112540542core:LandBuildings2023-09-012024-08-3112540542core:PlantMachinery2023-09-012024-08-3112540542core:Vehicles2023-09-012024-08-3112540542core:FurnitureFittings2023-09-012024-08-3112540542core:OfficeEquipment2023-09-012024-08-3112540542dpl:AdministrativeExpenses2023-09-012024-08-3112540542core:NetGoodwill2023-09-012024-08-3112540542core:IntangibleAssetsOtherThanGoodwill2023-09-012024-08-3112540542dpl:GroupUndertakings2023-09-012024-08-3112540542dpl:ParticipatingInterests2023-09-012024-08-3112540542dpl:GroupUndertakingscore:ListedExchangeTraded2023-09-012024-08-3112540542core:ListedExchangeTraded2023-09-012024-08-3112540542dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-09-012024-08-3112540542core:UnlistedNon-exchangeTraded2023-09-012024-08-3112540542dpl:CostSales2022-09-012023-08-3112540542dpl:DistributionCosts2022-09-012023-08-3112540542core:LandBuildings2022-09-012023-08-3112540542core:PlantMachinery2022-09-012023-08-3112540542core:Vehicles2022-09-012023-08-3112540542core:FurnitureFittings2022-09-012023-08-3112540542core:OfficeEquipment2022-09-012023-08-3112540542dpl:AdministrativeExpenses2022-09-012023-08-3112540542core:NetGoodwill2022-09-012023-08-3112540542core:IntangibleAssetsOtherThanGoodwill2022-09-012023-08-3112540542dpl:GroupUndertakings2022-09-012023-08-3112540542dpl:ParticipatingInterests2022-09-012023-08-3112540542dpl:GroupUndertakingscore:ListedExchangeTraded2022-09-012023-08-3112540542core:ListedExchangeTraded2022-09-012023-08-3112540542dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-09-012023-08-3112540542core:UnlistedNon-exchangeTraded2022-09-012023-08-3112540542core:NetGoodwill2024-08-3112540542core:IntangibleAssetsOtherThanGoodwill2024-08-3112540542core:LandBuildings2024-08-3112540542core:PlantMachinery2024-08-3112540542core:Vehicles2024-08-3112540542core:FurnitureFittings2024-08-3112540542core:OfficeEquipment2024-08-3112540542core:AfterOneYear2024-08-3112540542core:WithinOneYear2024-08-3112540542core:ListedExchangeTraded2024-08-3112540542core:UnlistedNon-exchangeTraded2024-08-3112540542core:ShareCapital2024-08-3112540542core:SharePremium2024-08-3112540542core:RevaluationReserve2024-08-3112540542core:OtherReservesSubtotal2024-08-3112540542core:RetainedEarningsAccumulatedLosses2024-08-3112540542core:NetGoodwill2023-08-3112540542core:IntangibleAssetsOtherThanGoodwill2023-08-3112540542core:LandBuildings2023-08-3112540542core:PlantMachinery2023-08-3112540542core:Vehicles2023-08-3112540542core:FurnitureFittings2023-08-3112540542core:OfficeEquipment2023-08-3112540542core:AfterOneYear2023-08-3112540542core:WithinOneYear2023-08-3112540542core:Liste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THE LUCCOMBE HUB LIMITED

Registered Number
12540542
(England and Wales)

Unaudited Financial Statements for the Year ended
31 August 2024

THE LUCCOMBE HUB LIMITED
Company Information
for the year from 1 September 2023 to 31 August 2024

Director

Henrietta Monier-Williams

Registered Address

45 East Street
Blandford Forum
DT11 7DX

Place of Business

12 Luccombe Business Park

Milton Abbas

Blandford Forum

DT11 0BD


Registered Number

12540542 (England and Wales)
THE LUCCOMBE HUB LIMITED
Balance Sheet as at
31 August 2024

Notes

2024

2023

£

£

£

£

Fixed assets
Tangible assets4129,715115,389
Biological assets1,9001,900
131,615117,289
Current assets
Debtors567,12281,333
Cash at bank and on hand385,120341,768
452,242423,101
Creditors amounts falling due within one year6(536,492)(531,586)
Net current assets (liabilities)(84,250)(108,485)
Total assets less current liabilities47,3658,804
Provisions for liabilities7(8,677)(8,136)
Net assets38,688668
Capital and reserves
Called up share capital100100
Profit and loss account38,588568
Shareholders' funds38,688668
The financial statements were approved and authorised for issue by the Director on 30 April 2025, and are signed on its behalf by:
Henrietta Monier-Williams
Director
Registered Company No. 12540542
THE LUCCOMBE HUB LIMITED
Notes to the Financial Statements
for the year ended 31 August 2024

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Functional and presentation currency
The financial statements are presented in sterling and this is the functional currency of the company.
Revenue from sale of goods
Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.
Revenue from rendering of services
Revenue from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
Interest income
Interest income is recognised using the effective interest rate method.
Employee benefits
Contributions to defined contribution plans are expensed in the period to which they relate.
Current taxation
Current tax is recognised in profit or loss, except for taxes related to revaluations of land and buildings which are recognised in other comprehensive income. Current tax represents the amount of tax payable (receivable) in respect of taxable profit (loss) for the current, or past, reporting periods. Current tax is measured at the amount expected to be paid (recovered) using the tax rates and laws which have been enacted, or substantively enacted, by the balance sheet date. Where payments to HM Revenue and Customs exceed liabilities owed, an asset is recognised to the extent of the amount of tax recoverable.
Deferred tax
Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

Reducing balance (%)Straight line (years)
Land and buildings-5
Plant and machinery25-
Vehicles25-
Office Equipment-3
Trade and other debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Cash and cash equivalents
Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less. Bank overdrafts are disclosed separately. For the purpose of the cash flow statement, bank overdrafts form an integral part of the company's cash management and are included as a component of cash and cash equivalents.
Trade and other creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Share capital
Ordinary shares are classified as equity. Incremental costs directly attributable to the issue of new ordinary shares or options are shown in equity as a deduction, net of tax, from the proceeds.
Related parties
For the purposes of these financial statements, a related party could be a person or an entity. Careful consideration is given to the definition of a related party to ensure that all related party relationships, transactions and balances are identified.
2.Average number of employees

20242023
Average number of employees during the year4134
3.Deferred tax
Increases in the UK Corporation tax rate from 19% to 25% (19% effective from 1 April 2017, and 25% effective from 1 April 2023) have been substantively enacted. This will impact the company's future tax charge accordingly. The value of the deferred tax assets at the balance sheet date has been calculated using the applicable rate when the asset is expected to be realised.
4.Tangible fixed assets

Land & buildings

Plant & machinery

Vehicles

Office Equipment

Total

£££££
Cost or valuation
At 01 September 2396,98112,30324,38630,308163,978
Additions19,2639,91610,0937,46846,740
At 31 August 24116,24422,21934,47937,776210,718
Depreciation and impairment
At 01 September 2324,1013,2939,06412,13148,589
Charge for year12,8533,4525,51310,59632,414
At 31 August 2436,9546,74514,57722,72781,003
Net book value
At 31 August 2479,29015,47419,90215,049129,715
At 31 August 2372,8809,01015,32218,177115,389
5.Debtors: amounts due within one year

2024

2023

££
Trade debtors / trade receivables54,00068,867
Other debtors3,6672,110
Prepayments and accrued income9,45510,356
Total67,12281,333
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts.
6.Creditors: amounts due within one year

2024

2023

££
Trade creditors / trade payables8,0296,680
Taxation and social security17,88014,441
Other creditors2,35497,347
Accrued liabilities and deferred income508,229413,118
Total536,492531,586
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
7.Provisions for liabilities

2024

2023

££
Net deferred tax liability (asset)8,6778,136
Total8,6778,136
8.Related party transactions
EAQ Luccombe Community Interest Company is a company with common directors. At 31 August 2024 EAQ Luccombe Community Interest Company owed the company £nil (2023: £2,065), which is included in other debtors. Luccombe EAQ Limited (formerly Henri Hub Limited) is a company with common directors. At 31 August 2024 the company owed Luccombe EAQ Limited £381 (2023:£92,137), which is included in other creditors.