| Hobson IT Solutions Limited |
| Registered Number:NI657068 |
For the year ended 30 November 2024
Northern Ireland
Unaudited Financial Statements
For the year ended 30 November 2024
Hobson IT Solutions Limited
Contents Page
1
Statement of Financial Position
2 to 5
Notes to the Financial Statements
Hobson IT Solutions Limited
Statement of Financial Position
2023
2024
-
800
2
| Property, plant and equipment |
7,993
6,772
3
7,993
7,572
10,500
5,750
4
| Trade and other receivables |
166,027
180,627
5
4,223
| Cash and cash equivalents |
10,346
196,723
180,750
| Trade and other payables: amounts falling due within one |
| year |
(105,574)
(102,912)
6
75,176
93,811
Net current assets
| Total assets less current liabilities |
101,804
82,748
| Trade and other payables: amounts falling due after more |
| than one year |
(20,435)
(10,419)
7
91,385
Net assets
62,313
10
10
91,375
62,303
91,385
62,313
Shareholders' funds
| For the year ended 30 November 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 of its financial statements for the year ended 30 November 2024 in accordance with Section 476 of the Companies Act 2006 |
| The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section |
| 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. |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
| These financial statements were approved and authorised for issue by the Board on 12 June 2025 and were signed by: |
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For the year ended 30 November 2024
Hobson IT Solutions Limited
Statement of Financial Position Continued
| The notes form part of these financial statements |
2 of 5
For the year ended 30 November 2024
Hobson IT Solutions Limited
Notes to the Financial Statements
Statutory Information
| Hobson IT Solutions Limited is a private limited company, limited by shares, domiciled in Northern Ireland, registration |
| number NI657068. |
198 Malone Road
Belfast
BT9 5LQ
| The presentation currency is £ sterling. |
Basis of preparing the financial statements
| These financial statements have been prepared in accordance with the provisions of Section 1A of Financial |
| Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the |
| Companies Act 2006. The financial statements have been prepared under the historical costs convention as |
| modified by the revaluation of certain assets. |
Goodwill
| Goodwill, being the amount paid in connection with the acquisition of a business in 2018, is being amortised evenly over its estimated useful life of 5 years. |
Property, plant and equipment
| Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Furniture and Fittings
Inventories
| Inventories are value at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. |
| 2. Intangible fixed assets |
Goodwill
10,000
10,000
9,200
800
Charge for year
10,000
-
800
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For the year ended 30 November 2024
Hobson IT Solutions Limited
Notes to the Financial Statements Continued
| 3. Property, plant and equipment |
10,041
1,191
8,850
2,110
2,110
-
8,850
3,301
12,151
| Provision for depreciation and impairment |
3,269
226
3,043
Charge for year
889
308
581
4,158
534
3,624
5,226
2,767
7,993
5,807
965
6,772
2023
2024
5,750
10,500
| 5. Trade and other receivables |
2023
2024
4,800
8,640
175,827
157,387
166,027
180,627
| The debtors above include the following amounts falling due after more than one year: |
42,770
38,117
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For the year ended 30 November 2024
Hobson IT Solutions Limited
Notes to the Financial Statements Continued
| 6. Trade and other payables: amounts falling due within one year |
2023
2024
10,206
10,206
| Taxation and social security |
89,807
92,733
2,899
2,635
102,912
105,574
| 7. Trade and other payables: amounts falling due after more than one year |
2023
2024
10,419
20,435
| 8. Average number of persons employed |
During the year the average number of employees was 1 (2023 : 1)
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