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REGISTERED NUMBER: 05745441 (England and Wales)












Unaudited Financial Statements

for the Year Ended 31 December 2024

for

Hootons Commercial Limited

Hootons Commercial Limited (Registered number: 05745441)






Contents of the Financial Statements
for the Year Ended 31 December 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Hootons Commercial Limited

Company Information
for the Year Ended 31 December 2024







DIRECTOR: Mr N C H Hooton





SECRETARY:





REGISTERED OFFICE: The Coach House
1 Hurle Road
Clifton
Bristol
BS8 2SY





REGISTERED NUMBER: 05745441 (England and Wales)





ACCOUNTANTS: Wormald & Partners
Chartered Accountants (ICAEW)
Brunel House
11 The Promenade
Clifton Down
Bristol
BS8 3NG

Hootons Commercial Limited (Registered number: 05745441)

Balance Sheet
31 December 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 820 244
820 244

CURRENT ASSETS
Debtors 6 32,284 107,708
Cash at bank 259,630 160,890
291,914 268,598
CREDITORS
Amounts falling due within one year 7 179,352 103,578
NET CURRENT ASSETS 112,562 165,020
TOTAL ASSETS LESS CURRENT
LIABILITIES

113,382

165,264

PROVISIONS FOR LIABILITIES 142 502
NET ASSETS 113,240 164,762

CAPITAL AND RESERVES
Called up share capital 8 101 101
Retained earnings 9 113,139 164,661
SHAREHOLDERS' FUNDS 113,240 164,762

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

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 director and authorised for issue on 9 May 2025 and were signed by:





Mr N C H Hooton - Director


Hootons Commercial Limited (Registered number: 05745441)

Notes to the Financial Statements
for the Year Ended 31 December 2024

1. STATUTORY INFORMATION

Hootons Commercial 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2006, is being amortised evenly over its estimated useful life of ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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 - 25% on reducing balance basis
Computer equipment - 33.33% on straight line basis

Taxation
Taxation for the year 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 year 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 year was 4 (2023 - 4 ) .

Hootons Commercial Limited (Registered number: 05745441)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 January 2024
and 31 December 2024 42,620
AMORTISATION
At 1 January 2024
and 31 December 2024 42,620
NET BOOK VALUE
At 31 December 2024 -
At 31 December 2023 -

5. TANGIBLE FIXED ASSETS
Plant and Computer
machinery equipment Totals
£    £    £   
COST
At 1 January 2024 7,695 6,336 14,031
Additions - 755 755
At 31 December 2024 7,695 7,091 14,786
DEPRECIATION
At 1 January 2024 7,524 6,263 13,787
Charge for year 43 136 179
At 31 December 2024 7,567 6,399 13,966
NET BOOK VALUE
At 31 December 2024 128 692 820
At 31 December 2023 171 73 244

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 30,966 37,145
Prepayments & Other Debtors 1,318 7,709
Loan to Cameron Investments
Limited - 62,854
32,284 107,708

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors - 1,486
Social security and other taxes 17,925 22,312
Other creditors 153,405 66,486
Directors' loan accounts 5,123 11,368
Accrued expenses 2,899 1,926
179,352 103,578

Hootons Commercial Limited (Registered number: 05745441)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary A £1 100 100
1 Ordinary B £1 1 1
101 101

9. RESERVES
Retained
earnings
£   

At 1 January 2024 164,661
Deficit for the year (50,522 )
Dividends (1,000 )
At 31 December 2024 113,139

10. RELATED PARTY DISCLOSURES

The company made an interest free loan to Cameron Investments Limited a company of which Mr N C H Hooton is sole director and majority shareholder. At the year end the balance of this loan amounted to £0 (2023 £62,854).

The company also paid rent on a commercial basis totalling £9,000 (2023 £9,000) to Cameron Property Limited of which Mr N C H Hooton is a director and 50% shareholder.