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REGISTERED NUMBER: 07724127 (England and Wales)




















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

30 SEPTEMBER 2024

FOR

HUDSON (LORNE) LIMITED

HUDSON (LORNE) LIMITED (REGISTERED NUMBER: 07724127)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


HUDSON (LORNE) LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 SEPTEMBER 2024







DIRECTORS: O Z Fink
S Maierovits





REGISTERED OFFICE: Sutherland House
70-78 West Hendon Broadway
London
NW9 7BT





REGISTERED NUMBER: 07724127 (England and Wales)





ACCOUNTANTS: Melinek Fine LLP
Chartered Accountants
First Floor, Winston House
349 Regents Park Road
London
N3 1DH

HUDSON (LORNE) LIMITED (REGISTERED NUMBER: 07724127)

BALANCE SHEET
30 SEPTEMBER 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 30,070 28,553

CURRENT ASSETS
Debtors 5 1,211,090 965,600
Cash at bank 4,959 142,873
1,216,049 1,108,473
CREDITORS
Amounts falling due within one year 6 871,250 991,830
NET CURRENT ASSETS 344,799 116,643
TOTAL ASSETS LESS CURRENT
LIABILITIES

374,869

145,196

CREDITORS
Amounts falling due after more than one
year

7

7,500

17,500
NET ASSETS 367,369 127,696

CAPITAL AND RESERVES
Called up share capital 100 100
Profit and loss account 367,269 127,596
367,369 127,696

HUDSON (LORNE) LIMITED (REGISTERED NUMBER: 07724127)

BALANCE SHEET - continued
30 SEPTEMBER 2024


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Profit and loss account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 26 May 2025 and were signed on its behalf by:





S Maierovits - Director


HUDSON (LORNE) LIMITED (REGISTERED NUMBER: 07724127)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024


1. STATUTORY INFORMATION

Hudson (Lorne) 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.

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 cost
Fixtures and fittings - 25% on cost
Computer equipment - 25% on cost

Financial instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument.

Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Debt instruments are subsequently measured at amortised cost unless they are classified as receivable within one year in which case they are measured at the undiscounted amount of the cash or other consideration expected to be received net of impairment.

Financial liabilities that are classified as payable within one year are subsequently measured at the undiscounted amount of the cash or other consideration expected to be paid.

Financial assets and liabilities are offset and the net amount reported in the Balance Sheet when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset or settle the liability simultaneously.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and loss account, 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.

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 85 (2023 - 85 ) .

HUDSON (LORNE) LIMITED (REGISTERED NUMBER: 07724127)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024


4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 October 2023 101,130
Additions 15,300
At 30 September 2024 116,430
DEPRECIATION
At 1 October 2023 72,577
Charge for year 13,783
At 30 September 2024 86,360
NET BOOK VALUE
At 30 September 2024 30,070
At 30 September 2023 28,553

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 77,713 186,366
Amounts owed by group undertakings 1,005,000 720,266
Other debtors 128,377 58,968
1,211,090 965,600

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 10,000 10,000
Trade creditors 50,922 61,071
Amounts owed to group undertakings 116,213 6,213
Taxation and social security 84,615 98,564
Other creditors 609,500 815,982
871,250 991,830

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans 7,500 17,500

8. ULTIMATE CONTROLLING PARTY

The Company is a wholly owned subsidiary of Dylon UK Ltd, a company registered in UK.

9. RELATED PARTY

Included in Other Debtors is amounts totalling £61,865 due from a company under common control (£41,477-2023).