REGISTERED NUMBER: 06813699 (England and Wales)

Unaudited Financial Statements

for the Year Ended 28 November 2024

for

Humphreys Of Chester Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

J M Cameron

Ms H Cameron

Mrs K F Cameron-Sorochty

SECRETARY:

Ms H Cameron

REGISTERED OFFICE:

17-19 Lower Bridge Street

Chester

Cheshire

CH1 1RS

REGISTERED NUMBER:

06813699 (England and Wales)

ACCOUNTANTS:

DJH Wirral & Chester Limited

Military House

24 Castle Street

Chester

Cheshire

CH1 2DS

FIXED ASSETS

Intangible assets

4

320,000

360,000

Tangible assets

5

86,499

33,162

406,499

393,162

CURRENT ASSETS

Debtors

6

179,450

127,758

Cash at bank

2,895

2,977

182,345

130,735

CREDITORS

Amounts falling due within one year

7

92,929

81,569

NET CURRENT ASSETS

89,416

49,166

TOTAL ASSETS LESS CURRENT LIABILITIES

495,915

442,328

CREDITORS

Amounts falling due after more than one year

8

(55,817

)

-

PROVISIONS FOR LIABILITIES

(6,574

)

(1,132

)

NET ASSETS

433,524

441,196

CAPITAL AND RESERVES

Called up share capital

9

1

1

Retained earnings

433,523

441,195

SHAREHOLDERS' FUNDS

433,524

441,196

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 November 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 November 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 23 September 2025 and were signed on its behalf by:

J M Cameron - Director

1.	STATUTORY INFORMATION

Humphreys Of Chester 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.

The financial statements are presented in sterling, which is the functional currency of the company, rounded to the nearest £1.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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 ten years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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

Lease hold improvements : 10% on cost

Computer equipment : 33% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 12 (2023 - 13 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 29 November 2023

and 28 November 2024

400,000

AMORTISATION

At 29 November 2023

40,000

Charge for year

40,000

At 28 November 2024

80,000

NET BOOK VALUE

At 28 November 2024

320,000

At 28 November 2023

360,000

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 29 November 2023

124,059

Additions

62,153

At 28 November 2024

186,212

DEPRECIATION

At 29 November 2023

90,897

Charge for year

8,816

At 28 November 2024

99,713

NET BOOK VALUE

At 28 November 2024

86,499

At 28 November 2023

33,162

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.11.24

28.11.23

£

£

Trade debtors

3,920

-

Amounts owed by group undertakings

160,649

109,149

Other debtors

14,881

18,609

179,450

127,758

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.11.24

28.11.23

£

£

Hire purchase contracts

12,492

-

Taxation and social security

41,121

49,456

Other creditors

39,316

32,113

92,929

81,569

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

28.11.24

28.11.23

£

£

Hire purchase contracts

55,817

-

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

28.11.24

28.11.23

value:

£

£

1

Ordinary

1

1

1