2023-12-01 NI657068 2024-11-30 NI657068 2023-12-01 2024-11-30 NI657068 2023-11-30 NI657068 2022-12-01 2023-11-30 NI657068 uk-core:WithinOneYear 2023-11-30 NI657068 uk-core:WithinOneYear 2024-11-30 NI657068 uk-core:AfterOneYear 2023-11-30 NI657068 uk-core:AfterOneYear 2024-11-30 NI657068 uk-core:ShareCapital 2024-11-30 NI657068 uk-core:ShareCapital 2023-11-30 NI657068 uk-core:RetainedEarningsAccumulatedLosses 2024-11-30 NI657068 uk-core:RetainedEarningsAccumulatedLosses 2023-11-30 NI657068 uk-bus:Director1 2023-12-01 2024-11-30 NI657068 uk-core:NetGoodwill 2023-12-01 2024-11-30 NI657068 uk-core:OfficeEquipment 2023-12-01 2024-11-30 NI657068 uk-core:Goodwill 2023-11-30 NI657068 uk-core:Goodwill 2024-11-30 NI657068 uk-core:Goodwill 2023-12-01 2024-11-30 NI657068 uk-core:ComputerEquipment 2023-11-30 NI657068 uk-core:OfficeEquipment 2023-11-30 NI657068 uk-core:ComputerEquipment 2023-12-01 2024-11-30 NI657068 uk-core:OfficeEquipment 2024-11-30 NI657068 uk-core:ComputerEquipment 2024-11-30 NI657068 uk-core:WithinOneYear 2024-11-30 NI657068 uk-core:WithinOneYear 2023-11-30 NI657068 uk-core:AfterOneYear uk-core:Secured 2024-11-30 NI657068 uk-core:AfterOneYear uk-core:Secured 2023-11-30 iso4217:GBP xbrli:pure NI657068 uk-bus:AuditExemptWithAccountantsReport 2023-12-01 2024-11-30 NI657068 uk-bus:FRS102 2023-12-01 2024-11-30 NI657068 uk-bus:FilletedAccounts 2023-12-01 2024-11-30 NI657068 uk-bus:PrivateLimitedCompanyLtd 2023-12-01 2024-11-30
Hobson IT Solutions Limited
Registered Number:NI657068
For the year ended 30 November 2024
Northern Ireland
Unaudited Financial Statements
2
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
3
Registered Number :
NI657068
As at 30 November 2024
Hobson IT Solutions Limited
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Intangible assets
-
800
2
Property, plant and equipment
7,993
6,772
3
7,993
7,572
Current assets
Inventories
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
Capital and reserves
Called up share capital
10
10
Retained earnings
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.
Mr Neil Hobson Director
These financial statements were approved and authorised for issue by the Board on 12 June 2025 and were signed by:
1 of 5
4
Registered Number :
NI657068
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
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.
Registered address:
198 Malone Road
Belfast
BT9 5LQ
The presentation currency is £ sterling.
1. Accounting policies
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:
10 Reducing balance
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
Cost or valuation
£
At 01 December 2023
10,000
At 30 November 2024
10,000
Amortisation
At 01 December 2023
9,200
800
Charge for year
At 30 November 2024
10,000
Net book value
At 30 November 2024
-
At 30 November 2023
800
3 of 5
6
For the year ended 30 November 2024
Hobson IT Solutions Limited
Notes to the Financial Statements Continued
3. Property, plant and equipment
Total
Computer
Equipment
Furniture and
Fittings
£
£
£
Cost or
valuation
At 01 December 2023
10,041
1,191
8,850
2,110
2,110
-
Additions
At 30 November 2024
8,850
3,301
12,151
Provision for depreciation and impairment
At 01 December 2023
3,269
226
3,043
Charge for year
889
308
581
At 30 November 2024
4,158
534
3,624
At 30 November 2024
Net book value
5,226
2,767
7,993
At 30 November 2023
5,807
965
6,772
4. Inventories
2023
2024
£
£
Stocks
5,750
10,500
5. Trade and other receivables
2023
2024
£
£
Trade debtors
4,800
8,640
Other debtors
175,827
157,387
166,027
180,627
The debtors above include the following amounts falling due after more than one year:
Other debtors
42,770
38,117
4 of 5
7
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
£
£
Bank loans and overdraft
10,206
10,206
Taxation and social security
89,807
92,733
Other creditors
2,899
2,635
102,912
105,574
7. Trade and other payables: amounts falling due after more than one year
2023
2024
£
£
Bank loans and overdraft
10,419
20,435
8. Average number of persons employed
During the year the average number of employees was 1 (2023 : 1)
5 of 5