2023-11-012024-10-312024-10-31false12951362SUPERHUB LTD2025-05-20falseiso4217:GBPxbrli:pure129513622023-11-01129513622024-10-31129513622023-11-012024-10-31129513622022-11-01129513622023-10-31129513622022-11-012023-10-3112951362bus:SmallEntities2023-11-012024-10-3112951362bus:AuditExempt-NoAccountantsReport2023-11-012024-10-3112951362bus:AbridgedAccounts2023-11-012024-10-3112951362bus:PrivateLimitedCompanyLtd2023-11-012024-10-3112951362core:WithinOneYear2024-10-3112951362core:AfterOneYear2024-10-3112951362core:WithinOneYear2023-10-3112951362core:AfterOneYear2023-10-3112951362core:ShareCapital2024-10-3112951362core:SharePremium2024-10-3112951362core:RevaluationReserve2024-10-3112951362core:OtherReservesSubtotal2024-10-3112951362core:RetainedEarningsAccumulatedLosses2024-10-3112951362core:ShareCapital2023-10-3112951362core:SharePremium2023-10-3112951362core:RevaluationReserve2023-10-3112951362core:OtherReservesSubtotal2023-10-3112951362core:RetainedEarningsAccumulatedLosses2023-10-3112951362core:LandBuildings2024-10-3112951362core:PlantMachinery2024-10-3112951362core:Vehicles2024-10-3112951362core:FurnitureFittings2024-10-3112951362core:OfficeEquipment2024-10-3112951362core:NetGoodwill2024-10-3112951362core:IntangibleAssetsOtherThanGoodwill2024-10-3112951362core:ListedExchangeTraded2024-10-3112951362core:UnlistedNon-exchangeTraded2024-10-3112951362core:LandBuildings2023-10-3112951362core:PlantMachinery2023-10-3112951362core:Vehicles2023-10-3112951362core:FurnitureFittings2023-10-3112951362core:OfficeEquipment2023-10-3112951362core:NetGoodwill2023-10-3112951362core:IntangibleAssetsOtherThanGoodwill2023-10-3112951362core:ListedExchangeTraded2023-10-3112951362core:UnlistedNon-exchangeTraded2023-10-3112951362core:LandBuildings2023-11-012024-10-3112951362core:PlantMachinery2023-11-012024-10-3112951362core:Vehicles2023-11-012024-10-3112951362core:FurnitureFittings2023-11-012024-10-3112951362core:OfficeEquipment2023-11-012024-10-3112951362core:NetGoodwill2023-11-012024-10-3112951362core:IntangibleAssetsOtherThanGoodwill2023-11-012024-10-3112951362core:ListedExchangeTraded2023-11-012024-10-3112951362core:UnlistedNon-exchangeTraded2023-11-012024-10-3112951362core:MoreThanFiveYears2023-11-012024-10-3112951362core:Non-currentFinancialInstruments2024-10-3112951362core:Non-currentFinancialInstruments2023-10-3112951362dpl:CostSales2023-11-012024-10-3112951362dpl:DistributionCosts2023-11-012024-10-3112951362core:LandBuildings2023-11-012024-10-3112951362core:PlantMachinery2023-11-012024-10-3112951362core:Vehicles2023-11-012024-10-3112951362core:FurnitureFittings2023-11-012024-10-3112951362core:OfficeEquipment2023-11-012024-10-3112951362dpl:AdministrativeExpenses2023-11-012024-10-3112951362core:NetGoodwill2023-11-012024-10-3112951362core:IntangibleAssetsOtherThanGoodwill2023-11-012024-10-3112951362dpl:GroupUndertakings2023-11-012024-10-3112951362dpl:ParticipatingInterests2023-11-012024-10-3112951362dpl:GroupUndertakingscore:ListedExchangeTraded2023-11-012024-10-3112951362core:ListedExchangeTraded2023-11-012024-10-3112951362dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-11-012024-10-3112951362core:UnlistedNon-exchangeTraded2023-11-012024-10-3112951362dpl:CostSales2022-11-012023-10-3112951362dpl:DistributionCosts2022-11-012023-10-3112951362core:LandBuildings2022-11-012023-10-3112951362core:PlantMachinery2022-11-012023-10-3112951362core:Vehicles2022-11-012023-10-3112951362core:FurnitureFittings2022-11-012023-10-3112951362core:OfficeEquipment2022-11-012023-10-3112951362dpl:AdministrativeExpenses2022-11-012023-10-3112951362core:NetGoodwill2022-11-012023-10-3112951362core:IntangibleAssetsOtherThanGoodwill2022-11-012023-10-3112951362dpl:GroupUndertakings2022-11-012023-10-3112951362dpl:ParticipatingInterests2022-11-012023-10-3112951362dpl:GroupUndertakingscore:ListedExchangeTraded2022-11-012023-10-3112951362core:ListedExchangeTraded2022-11-012023-10-3112951362dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-11-012023-10-3112951362core:UnlistedNon-exchangeTraded2022-11-012023-10-3112951362core:NetGoodwill2024-10-3112951362core:IntangibleAssetsOtherThanGoodwill2024-10-3112951362core:LandBuildings2024-10-3112951362core:PlantMachinery2024-10-3112951362core:Vehicles2024-10-3112951362core:FurnitureFittings2024-10-3112951362core:OfficeEquipment2024-10-3112951362core:AfterOneYear2024-10-3112951362core:WithinOneYear2024-10-3112951362core:ListedExchangeTraded2024-10-3112951362core:UnlistedNon-exchangeTraded2024-10-3112951362core:ShareCapital2024-10-3112951362core:SharePremium2024-10-3112951362core:RevaluationReserve2024-10-3112951362core:OtherReservesSubtotal2024-10-3112951362core:RetainedEarningsAccumulatedLosses2024-10-3112951362core:NetGoodwill2023-10-3112951362core:IntangibleAssetsOtherThanGoodwill2023-10-3112951362core:LandBuildings2023-10-3112951362core:PlantMachinery2023-10-3112951362core:Vehicles2023-10-3112951362core:FurnitureFittings2023-10-3112951362core:OfficeEquipment2023-10-3112951362core:AfterOneYear2023-10-3112951362core:WithinOneYear2023-10-3112951362core:ListedExchangeTraded2023-10-3112951362core:UnlistedNon-exchangeTraded2023-10-3112951362core:ShareCapital2023-10-3112951362core:SharePremium2023-10-3112951362core:RevaluationReserve2023-10-3112951362core:OtherReservesSubtotal2023-10-3112951362core:RetainedEarningsAccumulatedLosses2023-10-3112951362core:NetGoodwill2022-11-0112951362core:IntangibleAssetsOtherThanGoodwill2022-11-0112951362core:LandBuildings2022-11-0112951362core:PlantMachinery2022-11-0112951362core:Vehicles2022-11-0112951362core:FurnitureFittings2022-11-0112951362core:OfficeEquipment2022-11-0112951362core:AfterOneYear2022-11-0112951362core:WithinOneYear2022-11-0112951362core:ListedExchangeTraded2022-11-0112951362core:UnlistedNon-exchangeTraded2022-11-0112951362core:ShareCapital2022-11-0112951362core:SharePremium2022-11-0112951362core:RevaluationReserve2022-11-0112951362core:OtherReservesSubtotal2022-11-0112951362core:RetainedEarningsAccumulatedLosses2022-11-0112951362core:AfterOneYear2023-11-012024-10-3112951362core:WithinOneYear2023-11-012024-10-3112951362core:Non-currentFinancialInstrumentscore:CostValuation2023-11-012024-10-3112951362core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-11-012024-10-3112951362core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-11-012024-10-3112951362core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-11-012024-10-3112951362core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-11-012024-10-3112951362core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-11-012024-10-3112951362core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-11-012024-10-3112951362core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-11-012024-10-3112951362core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-11-012024-10-3112951362core:Non-currentFinancialInstrumentscore:CostValuation2024-10-3112951362core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2024-10-3112951362core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2024-10-3112951362core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2024-10-3112951362core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2024-10-3112951362core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2024-10-3112951362core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2024-10-3112951362core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2024-10-3112951362core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2024-10-3112951362core:Non-currentFinancialInstrumentscore:CostValuation2023-10-3112951362core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-10-3112951362core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-10-3112951362core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-10-3112951362core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-10-3112951362core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-10-3112951362core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-10-3112951362core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-10-3112951362core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-10-3112951362bus:Director12023-11-012024-10-31

SUPERHUB LTD

Registered Number
12951362
(England and Wales)

Unaudited Financial Statements for the Year ended
31 October 2024

SUPERHUB LTD
Company Information
for the year from 1 November 2023 to 31 October 2024

Director

FOSTER, James

Registered Address

Business Hub
10-12 Marine Parade
Paignton
TQ3 2NU

Registered Number

12951362 (England and Wales)
SUPERHUB LTD
Balance Sheet as at
31 October 2024

Notes

2024

2023

£

£

£

£

Called up share capital not paid100100
Fixed assets
Intangible assets320,000,00020,000,000
Tangible assets410,3074,108
20,010,30720,004,108
Current assets
Debtors395,923172,970
Cash at bank and on hand25,01011,222
420,933184,192
Creditors amounts falling due within one year(499,117)(255,582)
Net current assets (liabilities)(78,084)(71,290)
Total assets less current liabilities19,932,22319,932,818
Creditors amounts falling due after one year(1,500,000)(1,500,000)
Net assets18,432,22318,432,818
Capital and reserves
Profit and loss account18,432,22318,432,818
Shareholders' funds18,432,22318,432,818
The financial statements were approved and authorised for issue by the Director on 20 May 2025, and are signed on its behalf by:
FOSTER, James
Director
Registered Company No. 12951362
SUPERHUB LTD
Notes to the Financial Statements
for the year ended 31 October 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 accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.
Turnover policy
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.
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.
Employee benefits
Short-term employee benefits are measured at the undiscounted amount expected to be paid in exchange for the employee's services to the company. Where employees have accrued short-term benefits which the entity has not paid by the balance sheet date, an accrual is recognised within creditors: amounts falling due within one year together with an associated expense in profit or loss. The liabilities are classified as current obligations in the statement of financial position because they are expected to be settled wholly within twelve months after the end of the period.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Intangible assets
Intangible assets are stated at cost less accumulated amortisation and accumulated impairment losses. The assets are reviewed for impairment if the above factors indicate that the carrying amount may be impaired. Amortisation is included in 'administrative expenses' in the profit and loss account.
Tangible fixed assets and depreciation
All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

Reducing balance (%)
Plant and machinery25
Fixtures and fittings25
Vehicles25
2.Average number of employees

20242023
Average number of employees during the year87
3.Intangible assets

Total

£
Cost or valuation
At 01 November 2320,000,000
At 31 October 2420,000,000
Net book value
At 31 October 2420,000,000
At 31 October 2320,000,000
4.Tangible fixed assets

Total

£
Cost or valuation
At 01 November 2311,305
Additions10,376
At 31 October 2421,681
Depreciation and impairment
At 01 November 237,197
Charge for year4,177
At 31 October 2411,374
Net book value
At 31 October 2410,307
At 31 October 234,108