Hugrematt Productions Limited 31/12/2024 iXBRL

Company registration number: 08814512

Hugrematt Productions Limited

Unaudited abridged financial statements

31 December 2024

Hugrematt Productions Limited

Contents

Directors and other information

Directors report

Accountants report

Abridged statement of comprehensive income

Abridged statement of financial position

Statement of changes in equity

Notes to the financial statements

Hugrematt Productions Limited

Directors and other information


	Directors	Mr Trevor Garwood
		Mrs Andrea Garwood


	Company number	08814512


	Registered office	51 Highbury
		Jesmond
		Newcastle upon Tyne
		Tyne and Wear
		NE2 3EA


	Business address	51 Highbury
		Jesmond
		Newcastle upon Tyne
		Tyne and Wear
		NE2 3EA


	Accountants	T R Dixon and Co Ltd
		Chartered Certified Accountants
		Statutory Auditors
		1 A Dinsdale Place
		Jesmond
		Newcastle upon Tyne
		Tyne and Wear
		NE2 1BD




	Bankers	Santander
		118 Northumberland Street
		Newcastle upon Tyne
		Tyne and Wear
		NE1 7AG

Hugrematt Productions Limited

Directors report

Year ended 31 December 2024

The directors present their report and the unaudited financial statements of the company for the year ended 31 December 2024.

Directors

The directors who served the company during the year were as follows:

Mr Trevor Garwood

Mrs Andrea Garwood

Small company provisions

This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.

This report was approved by the board of directors on 26 September 2025 and signed on behalf of the board by:

Mr Trevor Garwood

Director

Hugrematt Productions Limited

Report to the board of directors on the preparation of the

unaudited statutory financial statements of Hugrematt Productions Limited

Year ended 31 December 2024

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Hugrematt Productions Limited for the year ended 31 December 2024 which comprise the abridged statement of comprehensive income, abridged statement of financial position, statement of changes in equity and related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants , we are subject to its ethical and other professional requirements.

This report is made solely to the board of directors of Hugrematt Productions Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of Hugrematt Productions Limited and state those matters that we have agreed to state to the board of directors of Hugrematt Productions Limited as a body, in this report in accordance with the ACCA, to the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Hugrematt Productions Limited and its board of directors as a body for our work or for this report.

It is your duty to ensure that Hugrematt Productions Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Hugrematt Productions Limited. You consider that Hugrematt Productions Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Hugrematt Productions Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

T R Dixon and Co Ltd

Chartered Certified Accountants

Statutory Auditors

1 A Dinsdale Place

Jesmond

Newcastle upon Tyne

Tyne and Wear

NE2 1BD

26 September 2025

Hugrematt Productions Limited

Abridged statement of comprehensive income

Year ended 31 December 2024

		2024	2023
	Note	£	£

Gross profit		64,004	54,150

Administrative expenses		( 43,554)	( 47,931)
		_______	_______
Operating profit		20,450	6,219

		_______	_______
Profit before taxation	5	20,450	6,219

Tax on profit		( 3,919)	( 1,259)
		_______	_______
Profit for the financial year and total comprehensive income		16,531	4,960
		_______	_______

All the activities of the company are from continuing operations.

Hugrematt Productions Limited

Abridged statement of financial position

31 December 2024

		2024		2023
	Note	£	£	£	£

Fixed assets
Tangible assets	6	762		671
		_______		_______
			762		671

Current assets
Cash at bank and in hand		73,552		59,812
		_______		_______
		73,552		59,812
Creditors: amounts falling due
within one year		( 8,948)		( 5,648)
		_______		_______
Net current assets			64,604		54,164
			_______		_______
Total assets less current liabilities			65,366		54,835

			_______		_______
Net assets			65,366		54,835
			_______		_______

Capital and reserves
Called up share capital			100		100
Profit and loss account			65,266		54,735
			_______		_______
Shareholders funds			65,366		54,835
			_______		_______

For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

All of the members have consented to the preparation of the abridged statement of comprehensive income and the abridged statement of financial position for the current year ending 31 December 2024 in accordance with Section 444(2A) of the Companies Act 2006.

These financial statements were approved by the board of directors and authorised for issue on 26 September 2025 , and are signed on behalf of the board by:

Mr Trevor Garwood

Director

Company registration number: 08814512

Hugrematt Productions Limited

Statement of changes in equity

Year ended 31 December 2024

	Called up share capital	Profit and loss account	Total
	£	£	£


At 1 January 2023	100	70,275	70,375

Profit for the year		4,960	4,960
	_______	_______	_______
Total comprehensive income for the year	-	4,960	4,960

Dividends paid and payable		( 20,500)	( 20,500)
	_______	_______	_______
Total investments by and distributions to owners	-	( 20,500)	( 20,500)

	_______	_______	_______
At 31 December 2023 and 1 January 2024	100	54,735	54,835

Profit for the year		16,531	16,531
	_______	_______	_______
Total comprehensive income for the year	-	16,531	16,531

Dividends paid and payable		( 6,000)	( 6,000)
	_______	_______	_______
Total investments by and distributions to owners	-	( 6,000)	( 6,000)

	_______	_______	_______
At 31 December 2024	100	65,266	65,366
	_______	_______	_______

Hugrematt Productions Limited

Notes to the financial statements

Year ended 31 December 2024

1. General information

The company is a private company limited by shares, registered in UK. The address of the registered office is Hugrematt Productions Limited, 51 Highbury, Jesmond, Newcastle upon Tyne, Tyne and Wear, NE2 3EA.

2. Statement of compliance

These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Tangible assets

tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses.

Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Fittings fixtures and equipment 15 %

If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 3 (2023: 3).

5. Profit before taxation

Profit before taxation is stated after charging/(crediting):

	2024	2023
	£	£
Depreciation of tangible assets	253	326
	_______	_______

6. Tangible assets


		£
	Cost
	At 1 January 2024	4,173
	Additions	344
		_______
	At 31 December 2024	4,517
		_______
	Depreciation
	At 1 January 2024	3,502
	Charge for the year	253
		_______
	At 31 December 2024	3,755
		_______
	Carrying amount
	At 31 December 2024	762
		_______
	At 31 December 2023	671
		_______

7. Directors advances, credits and guarantees

	During the year the directors entered into the following advances and credits with the company:

2024
		Balance brought forward	Advances /(credits) to the directors	Amounts repaid	Balance o/standing
		£	£	£	£
	Mr Trevor Garwood	( 2,881)	8,844	( 8,844)	( 2,881)
	Mrs Andrea Garwood	( 143)	29,545	( 30,051)	( 649)
		_______	_______	_______	_______
		( 3,024)	38,389	( 38,895)	( 3,530)
		_______	_______	_______	_______

2023
		Balance brought forward	Advances /(credits) to the directors	Amounts repaid	Balance o/standing
		£	£	£	£
	Mr Trevor Garwood	( 2,881)	8,844	( 8,844)	( 2,881)
	Mrs Andrea Garwood	( 344)	39,144	( 38,943)	( 143)
		_______	_______	_______	_______
		( 3,225)	47,988	( 47,787)	( 3,024)
		_______	_______	_______	_______