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Company Registration No. 13565596 (England and Wales)
The New Huscrofts Ltd Unaudited accounts for the year ended 31 August 2024
The New Huscrofts Ltd Unaudited accounts Contents
Page
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The New Huscrofts Ltd Company Information for the year ended 31 August 2024
Directors
Hannah Martin Jason McManus
Company Number
13565596 (England and Wales)
Accountants
Clear Accountancy Services (Yorkshire) Ltd 10 New Street Ossett West Yorkshire WF5 8BH
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The New Huscrofts Ltd Statement of financial position as at 31 August 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
12,000 
18,000 
Tangible assets
16,448 
18,555 
28,448 
36,555 
Current assets
Inventories
1,250 
1,250 
Debtors
220 
415 
Cash at bank and in hand
2,937 
5,939 
4,407 
7,604 
Creditors: amounts falling due within one year
(67,350)
(74,115)
Net current liabilities
(62,943)
(66,511)
Total assets less current liabilities
(34,495)
(29,956)
Provisions for liabilities
Deferred tax
(3,525)
(3,525)
Net liabilities
(38,020)
(33,481)
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
(38,022)
(33,483)
Shareholders' funds
(38,020)
(33,481)
For the year ending 31 August 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 30 May 2025 and were signed on its behalf by
Hannah Martin Director Company Registration No. 13565596
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The New Huscrofts Ltd Notes to the Accounts for the year ended 31 August 2024
1
Statutory information
The New Huscrofts Ltd is a private company, limited by shares, registered in England and Wales, registration number 13565596.
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
These financial statements for the year ended 31 August 2024 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 September 2022. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
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:
Plant & machinery
25% reducing balance
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 September 2023
30,000 
At 31 August 2024
30,000 
Amortisation
At 1 September 2023
12,000 
Charge for the year
6,000 
At 31 August 2024
18,000 
Net book value
At 31 August 2024
12,000 
At 31 August 2023
18,000 
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The New Huscrofts Ltd Notes to the Accounts for the year ended 31 August 2024
5
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 September 2023
32,986 
Additions
3,101 
At 31 August 2024
36,087 
Depreciation
At 1 September 2023
14,431 
Charge for the year
5,208 
At 31 August 2024
19,639 
Net book value
At 31 August 2024
16,448 
At 31 August 2023
18,555 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
220 
415 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
3,782 
- 
VAT
1,450 
- 
Trade creditors
15,383 
28,025 
Taxes and social security
(514)
1,549 
Loans from directors
46,649 
44,541 
Accruals
600 
- 
67,350 
74,115 
8
Average number of employees
During the year the average number of employees was 4 (2023: 4).
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