Company Registration No. 15197792 (England and Wales)
Hurren Ltd
Unaudited accounts
for the period from 9 October 2023 to 31 October 2024
Hurren Ltd
Unaudited accounts
Contents
Hurren Ltd
Company Information
for the period from 9 October 2023 to 31 October 2024
Company Number
15197792 (England and Wales)
Registered Office
6 Weyhill Close
Portchester
Fareham
Hampshire
PO16 8EL
Accountants
Horn & Co. Accountants Limited
6 Weyhill Close
Portchester
Fareham
Hampshire
PO16 8EL
Hurren Ltd
Statement of financial position
as at 31 October 2024
Cash at bank and in hand
1,384
Creditors: amounts falling due within one year
(12,072)
Net current liabilities
(5,386)
Total assets less current liabilities
26,370
Creditors: amounts falling due after more than one year
(26,091)
Provisions for liabilities
Profit and loss account
171
For the period ending 31 October 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 in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the period in accordance with Section 444(2A).
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 16 July 2025 and were signed on its behalf by
Luke Hurren
Director
Company Registration No. 15197792
Hurren Ltd
Notes to the Accounts
for the period from 9 October 2023 to 31 October 2024
Hurren Ltd is a private company, limited by shares, registered in England and Wales, registration number 15197792. The registered office is 6 Weyhill Close, Portchester, Fareham, Hampshire, PO16 8EL.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have been consistently applied within the same accounts.
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.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
20% Straight Line
Computer equipment
33% Straight Line
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement.
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 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.
Hurren Ltd
Notes to the Accounts
for the period from 9 October 2023 to 31 October 2024
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
3
Tangible fixed assets
Total
Charge for the period
7,190
Carrying values included above held under finance leases and hire purchase contracts:
£
4
Average number of employees
During the period the average number of employees was 2.