HUVO LTD

Company Registration Number:
07499137 (England and Wales)

Unaudited statutory accounts for the year ended 31 October 2024

Period of accounts

Start date: 1 November 2023

End date: 31 October 2024

HUVO LTD

Contents of the Financial Statements

for the Period Ended 31 October 2024

Balance sheet
Additional notes
Balance sheet notes

HUVO LTD

Balance sheet

As at 31 October 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 88,183 32,273
Total fixed assets: 88,183 32,273
Current assets
Stocks: 4 530,122 480,183
Debtors: 5 667,622 554,758
Cash at bank and in hand: 108,230 80,307
Total current assets: 1,305,974 1,115,248
Creditors: amounts falling due within one year: 6 ( 1,267,036 ) ( 953,802 )
Net current assets (liabilities): 38,938 161,446
Total assets less current liabilities: 127,121 193,719
Creditors: amounts falling due after more than one year: 7 ( 113,775 ) ( 164,852 )
Provision for liabilities: ( 3,493 ) ( 7,026 )
Total net assets (liabilities): 9,853 21,841
Capital and reserves
Called up share capital: 2 2
Profit and loss account: 9,851 21,839
Total Shareholders' funds: 9,853 21,841

The notes form part of these financial statements

HUVO LTD

Balance sheet statements

For the year ending 31 October 2024 the company was entitled to exemption 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.

The directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 16 July 2025
and signed on behalf of the board by:

Name: Mr N A El-Hoss
Status: Director

The notes form part of these financial statements

HUVO LTD

Notes to the Financial Statements

for the Period Ended 31 October 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Tangible fixed assets depreciation policy

    Fixtures and fittings - 15% per annum of cost Motor vehicles - 25% per annum of cost

HUVO LTD

Notes to the Financial Statements

for the Period Ended 31 October 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 15 13

HUVO LTD

Notes to the Financial Statements

for the Period Ended 31 October 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 November 2023 37,793 28,750 66,543
Additions 65,526 65,526
Disposals
Revaluations
Transfers
At 31 October 2024 103,319 28,750 132,069
Depreciation
At 1 November 2023 22,207 12,063 34,270
Charge for year 4,054 5,562 9,616
On disposals
Other adjustments
At 31 October 2024 26,261 17,625 43,886
Net book value
At 31 October 2024 77,058 11,125 88,183
At 31 October 2023 15,586 16,687 32,273

HUVO LTD

Notes to the Financial Statements

for the Period Ended 31 October 2024

4. Stocks

2024 2023
£ £
Stocks 530,122 480,183
Total 530,122 480,183

HUVO LTD

Notes to the Financial Statements

for the Period Ended 31 October 2024

5. Debtors

2024 2023
£ £
Trade debtors 462,900 317,113
Prepayments and accrued income 4,085 2,863
Other debtors 200,637 234,782
Total 667,622 554,758

HUVO LTD

Notes to the Financial Statements

for the Period Ended 31 October 2024

6. Creditors: amounts falling due within one year note

2024 2023
£ £
Bank loans and overdrafts 51,077 51,077
Trade creditors 678,344 429,530
Taxation and social security 181,328 204,514
Accruals and deferred income 1,850 1,895
Other creditors 354,437 266,786
Total 1,267,036 953,802

HUVO LTD

Notes to the Financial Statements

for the Period Ended 31 October 2024

7. Creditors: amounts falling due after more than one year note

2024 2023
£ £
Bank loans and overdrafts 113,775 164,852
Total 113,775 164,852

HUVO LTD

Notes to the Financial Statements

for the Period Ended 31 October 2024

8. Loans to directors

Name of director receiving advance or credit: Mr N A El-Hoss
Description of the transaction:
Directors loan
£
Balance at 31 October 2023 137,630
Advances or credits made: 107,500
Advances or credits repaid: 144,812
Balance at 31 October 2024 100,318

Name of director receiving advance or credit: Mr T J El-Hoss
Description of the transaction:
Directors loan
£
Balance at 31 October 2023 97,153
Advances or credits made: 147,977
Advances or credits repaid: 144,812
Balance at 31 October 2024 100,318