Hurrell Shipping (Thames) Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 09919969 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2024

for

Hurrell Shipping (Thames) Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

A L Hurrell

REGISTERED OFFICE:

Derwent Nurstead Lane

Longfield Hill

Longfield

DA3 7AN

REGISTERED NUMBER:

09919969 (England and Wales)

ACCOUNTANTS:

Wilson Partners Limited

1st Floor

One Suffolk Way

Sevenoaks

Kent

TN13 1YL

FIXED ASSETS

Tangible assets

4

119,908

134,167

CURRENT ASSETS

Debtors

5

40,932

46,831

Cash at bank

427,739

394,900

468,671

441,731

CREDITORS

Amounts falling due within one year

6

58,870

64,170

NET CURRENT ASSETS

409,801

377,561

TOTAL ASSETS LESS CURRENT
LIABILITIES

529,709

511,728

CAPITAL AND RESERVES

Called up share capital

7

1

Retained earnings

8

529,708

511,727

SHAREHOLDERS' FUNDS

529,709

511,728

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 30 September 2025 and were signed by:

A L Hurrell - Director

1.	STATUTORY INFORMATION

Hurrell Shipping (Thames) 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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 accounts are prepared on a going concern basis as in the opinion of the directors the company has sufficient finance available to it to meet its obligations as they fall due for the foreseeable future, that is at least 12 months from the date of approval of the accounts.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Significant judgements and estimates

In the application of the company's accounting policies the director is required to make judgements, estimates and assumptions about the carrying amounts of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised if the revision affects only that period, or in the period of the revision and future periods if the revision affects both current and future periods. The company does not make significant estimates and assumptions concerning the future.

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

-

33% on cost

Boats

-

10% on cost

Motor vehicles

-

33% on cost

Taxation

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

Deferred tax

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.

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 3 (2023 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

machinery

Boats

vehicles

Totals

£

COST

At 1 January 2024

7,215

176,868

63,850

247,933

Additions

159

-

47,490

47,649

Disposals

-

(63,850

)

(63,850

)

At 31 December 2024

7,374

176,868

47,490

231,732

DEPRECIATION

At 1 January 2024

3,245

79,974

30,547

113,766

Charge for year

1,023

17,688

13,403

32,114

Eliminated on disposal

-

(34,056

)

(34,056

)

At 31 December 2024

4,268

97,662

9,894

111,824

NET BOOK VALUE

At 31 December 2024

3,106

79,206

37,596

119,908

At 31 December 2023

3,970

96,894

33,303

134,167

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

Trade debtors

28,640

26,997

Directors' current accounts

-

9,576

VAT

1,795

2,741

Prepayments

4,786

4,339

Accrued income

5,711

3,178

40,932

46,831

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

Bank loans and overdrafts

-

3,432

Trade creditors

390

345

Pension Payable

180

Tax

27,098

17,041

Deferred Tax

14,438

Social security and other taxes

661

785

Other creditors

2,068

7,379

Directors' current accounts

11,735

-

Wages Payable

-

24

Accrued expenses

2,300

20,546

58,870

64,170

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

£

1

Ordinary

1

8.

RESERVES

Retained

earnings

£

At 1 January 2024

511,727

Profit for the year

68,981

Dividends

(51,000

)

At 31 December 2024

529,708

9.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2024 and 31 December 2023:

2024

2023

£

A L Hurrell

Balance outstanding at start of year

9,576

(305

)

Amounts advanced

2,513

23,380

Amounts repaid

(23,824

)

(13,499

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

(11,735

)

9,576

10.	ULTIMATE CONTROLLING PARTY

The controlling party is A L Hurrell.