REGISTERED NUMBER: 08965485 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Huggins Bromage Ferguson Limited

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr G Ferguson

REGISTERED OFFICE:

Suite 3

Falcon Court Business Centre

College Road

Maidstone

Kent

ME15 6TF

REGISTERED NUMBER:

08965485 (England and Wales)

ACCOUNTANTS:

Skyfire Accountancy Ltd

The Old Rectory

Springhead Road

Northfleet

Kent

DA11 8HN

FIXED ASSETS

Tangible assets

5

929

1,538

CURRENT ASSETS

Debtors

127,810

147,026

Cash at bank

7,257

13,166

135,067

160,192

CREDITORS

Amounts falling due within one year

174,571

199,697

NET CURRENT LIABILITIES

(39,504

)

(39,505

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(38,575

)

(37,967

)

PROVISIONS FOR LIABILITIES

292

292

NET LIABILITIES

(38,867

)

(38,259

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(38,967

)

(38,359

)

SHAREHOLDERS' FUNDS

(38,867

)

(38,259

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 March 2025 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 6 October 2025 and were signed by:

Mr G Ferguson - Director

1.	STATUTORY INFORMATION

Huggins Bromage Ferguson 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.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

Revenue recognition

Sales comprise the fair value of the consideration received or receivable for the rendering of services in the ordinary course of the company's activities. Sales are presented, net of value-added tax, rebates and discounts.

The company recognises revenue when the amount of revenue can be reliably measured, it is probable that future economic benefits will flow to the entity and when specific criteria have been met for each of the company's activities as follows:

Revenue from the sale of services is recognised at the point at which those services have been provided to the customer. Where payments are received from customers in advance of services provided, the amounts are recorded as deferred income and included as part of creditors due within one year.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

25% 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.

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.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 3 ) .

5.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 April 2024

and 31 March 2025

8,846

DEPRECIATION

At 1 April 2024

7,308

Charge for year

609

At 31 March 2025

7,917

NET BOOK VALUE

At 31 March 2025

929

At 31 March 2024

1,538

6.	RELATED PARTY DISCLOSURES

During the period the company repaid £41,332 of a loan from a director. At the end of the period £37,651(2024: £78,983) was owed to directors. The balance is included within creditors due within one year, is free of interest and repayable on demand.

At the end of the period the company owed £119,293 (2024: £119,293) to a family member of a director. The balance is included within creditors due within one year, is free of interest and repayable on demand.

During the period the company loaned £5,508 to companies under common control. At the end of the period £115,594 (2024: £110,086,) was owed by companies under common control. The balance is included within debtors due within one year, is free of interest and repayable on demand.

7.	GOING CONCERN

The accounts have been prepared on a going concern basis despite having negative reserves. The related party lenders have confirmed they do not intend to seek repayment of their loans until the company is financially able to do so and expect the company to continue for a minimum period of twelve months from the date of approval of the accounts.