1 October 2023 false No description of principal activity Taxfiler 2024.6 SC577319business:PrivateLimitedCompanyLtd2023-10-012024-09-30 SC5773192023-09-30 SC5773192023-10-012024-09-30 SC577319business:AuditExemptWithAccountantsReport2023-10-012024-09-30 SC577319business:FilletedAccounts2023-10-012024-09-30 SC5773192024-09-30 SC577319business:Director22023-10-012024-09-30 SC577319business:Director32023-10-012024-09-30 SC577319business:Director42023-10-012024-09-30 SC577319business:RegisteredOffice2023-10-012024-09-30 SC5773192023-09-30 SC577319core:WithinOneYear2024-09-30 SC577319core:WithinOneYear2023-09-30 SC577319core:ShareCapitalcore:PreviouslyStatedAmount2024-09-30 SC577319core:ShareCapitalcore:PreviouslyStatedAmount2023-09-30 SC577319core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-09-30 SC577319core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-09-30 SC577319core:PreviouslyStatedAmount2024-09-30 SC577319core:PreviouslyStatedAmount2023-09-30 SC577319business:SmallEntities2023-10-012024-09-30 SC577319countries:Scotland2023-10-012024-09-30 SC577319core:MotorVehicles2023-10-012024-09-30 SC577319core:FurnitureFittings2023-10-012024-09-30 SC577319core:ComputerEquipment2023-10-012024-09-30 SC577319core:MotorVehicles2023-09-30 SC577319core:FurnitureFittings2023-09-30 SC577319core:ComputerEquipment2023-09-30 SC577319core:MotorVehicles2024-09-30 SC577319core:FurnitureFittings2024-09-30 SC577319core:ComputerEquipment2024-09-30 SC5773192022-10-012023-09-30 iso4217:GBP xbrli:pure
Company Registration No. SC577319 (Scotland)
Carey Hughes Limited Unaudited accounts for the year ended 30 September 2024
Carey Hughes Limited Unaudited accounts Contents
Page
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Carey Hughes Limited Company Information for the year ended 30 September 2024
Directors
E Hughes N Taylor C McNulty
Company Number
SC577319 (Scotland)
Registered Office
International House Stanley Boulevard Hamilton International Technology Park Glasgow G72 0BN Scotland
Accountants
Assenti & Noble Ltd 18 Mosshead Road Bearsden Glasgow G61 3HN
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Carey Hughes Limited Statement of financial position as at 30 September 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
60,593 
68,122 
Current assets
Debtors
205,330 
206,420 
Cash at bank and in hand
3,054,795 
3,923,442 
3,260,125 
4,129,862 
Creditors: amounts falling due within one year
(2,437,799)
(2,789,319)
Net current assets
822,326 
1,340,543 
Total assets less current liabilities
882,919 
1,408,665 
Provisions for liabilities
Deferred tax
(15,148)
(17,030)
Net assets
867,771 
1,391,635 
Capital and reserves
Called up share capital
1 
2 
Profit and loss account
867,770 
1,391,633 
Shareholders' funds
867,771 
1,391,635 
For the year ending 30 September 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 13 May 2025 and were signed on its behalf by
E Hughes Director Company Registration No. SC577319
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Carey Hughes Limited Notes to the Accounts for the year ended 30 September 2024
1
Statutory information
Carey Hughes Limited is a private company, limited by shares, registered in Scotland, registration number SC577319. The registered office is International House, Stanley Boulevard, Hamilton International Technology Park, Glasgow, G72 0BN, Scotland.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover represents invoiced sales to external customers, excluding value added tax.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
20% reducing balance
Fixtures & fittings
25% reducing balance
Computer equipment
25% reducing balance
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
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Carey Hughes Limited Notes to the Accounts for the year ended 30 September 2024
4
Tangible fixed assets
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 October 2023
69,090 
1,239 
26,966 
97,295 
Additions
- 
- 
8,979 
8,979 
At 30 September 2024
69,090 
1,239 
35,945 
106,274 
Depreciation
At 1 October 2023
13,818 
632 
14,723 
29,173 
Charge for the year
11,054 
152 
5,302 
16,508 
At 30 September 2024
24,872 
784 
20,025 
45,681 
Net book value
At 30 September 2024
44,218 
455 
15,920 
60,593 
At 30 September 2023
55,272 
607 
12,243 
68,122 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
186,993 
188,547 
Other debtors
18,337 
17,873 
205,330 
206,420 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
103,443 
94,502 
Taxes and social security
190,578 
163,617 
Other creditors
2,138,486 
2,484,493 
Loans from directors
- 
41,794 
Accruals
5,292 
4,913 
2,437,799 
2,789,319 
7
Average number of employees
During the year the average number of employees was 29 (2023: 25).
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