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Company No: 10247842 (England and Wales)

# THE RETURN HUB LIMITED

### Unaudited Financial Statements
For the financial year ended 31 March 2025
Pages for filing with the registrar

THE RETURN HUB LIMITED

## Unaudited Financial Statements

For the financial year ended 31 March 2025

Contents

THE RETURN HUB LIMITED

## COMPANY INFORMATION

For the financial year ended 31 March 2025
THE RETURN HUB LIMITED

## COMPANY INFORMATION (continued)

For the financial year ended 31 March 2025

Director | Mrs D Newton Dunn

Registered office | Springfield House
| Springfield Road
| Horsham
| West Sussex
| RH12 2RG
| United Kingdom

Company number | 10247842 (England and Wales)

Accountant | Kreston Reeves LLP
| Springfield House
| Springfield Road
| Horsham
| West Sussex
| RH12 2RG

THE RETURN HUB LIMITED

## BALANCE SHEET

As at 31 March 2025
THE RETURN HUB LIMITED

## BALANCE SHEET (continued)

As at 31 March 2025

| Note | 31.03.2025 |  | 31.03.2024
|  | £ |  | £
Fixed assets |  |  |  |
Tangible assets | 4 | 3,706 |  | 4,145
|  | 3,706 |  | 4,145
Current assets |  |  |  |
Debtors | 5 | 108,421 |  | 193,777
Cash at bank and in hand |  | 1,214,597 |  | 1,266,338
|  | 1,323,018 |  | 1,460,115
Creditors: amounts falling due within one year | 6 | ( 289,742) |  | ( 396,365)
Net current assets |  | 1,033,276 |  | 1,063,750
Total assets less current liabilities |  | 1,036,982 |  | 1,067,895
Net assets |  | 1,036,982 |  | 1,067,895
Capital and reserves |  |  |  |
Called-up share capital |  | 100 |  | 100
Profit and loss account |  | 1,036,882 |  | 1,067,795
Total shareholder's funds |  | 1,036,982 |  | 1,067,895

For the financial year ending 31 March 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

- The member has not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
- The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
- These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Statement of Comprehensive Income has not been delivered.

The financial statements of The Return Hub Limited (registered number: 10247842) were approved and authorised for issue by the Director on 03 December 2025. They were signed on its behalf by:

Mrs D Newton Dunn Director |

THE RETURN HUB LIMITED

## NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 March 2025
THE RETURN HUB LIMITED

## NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 March 2025

##### 1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

##### General information and basis of accounting

The Return Hub Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Springfield House,Springfield Road, Horsham, West Sussex, RH12 2RG , United Kingdom.
The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.
The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

##### Going concern

The director has assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The director has a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

##### Turnover

Turnover is stated net of VAT and trade discounts and is recognised when the significant risks and rewards are considered to have been transferred to the buyer. Turnover from the supply of services represents the value of services provided under contracts to the extent that there is a right to consideration and is recorded at the fair value of the consideration received or receivable. Where a contract has only been partially completed at the Balance Sheet date turnover represents the fair value of the service provided to date based on the stage of completion of the contract activity at the Balance Sheet date. 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.

##### Interest income

Interest income is recognised when it is probable that the economic benefits will flow to the Company and the amount of revenue can be measured reliably. Interest income is accrued on a time basis, by reference to the principal outstanding at the effective interest rate applicable, which is the rate that exactly discounts estimated future cash receipts through the expected life of the financial asset to that asset's net carrying amount on initial recognition.

##### Employee benefits

Defined contribution schemes
The Company operates a defined contribution scheme. The amount charged to the Statement of Comprehensive Income in respect of pension costs and other post-retirement benefits is the contributions payable in the financial year. Differences between contributions payable in the financial year and contributions actually paid are included as either accruals or prepayments in the Balance Sheet.

##### Share-based payment

Equity-settled share-based payment transactions are measured at fair value at the date of grant. The fair value determined at the grant date of the equity-settled share-based payments is expensed on a straight-line basis over the vesting period, based on the Company’s estimate of shares that will eventually vest and adjusted for the effect of non-market-based vesting conditions.
Fair value is measured using a model which is considered by management to be the most appropriate method of valuation. The expected life used in the model has been adjusted, based on management’s best estimate, for the effects of non-transferability, exercise restrictions, and behavioural considerations.

##### Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

##### Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Office equipment | 3 years straight line
Computer equipment | 3 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

##### Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts, except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

##### Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in creditors: amounts falling due within one year.

##### Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.

##### Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

#####

#### 2. Employees

| 31.03.2025 |  | 31.03.2024
| Number |  | Number
Monthly average number of persons employed by the Company during the year, including the director | 8 |  | 9

#### 3. Share-based payments

Equity-settled share-based payment schemes

The company has issued EMI share options to one individual under equity arrangements. There are no non-market conditions attached to these including employment and service conditions. There are no market conditions attached. All options are equity settled.

Details of the share options outstanding during the financial year are as follows:

| 31.03.2025 |  | 31.03.2024
| Weighted Average |  | Weighted Average
| Number of share options | Average exercise price (£) |  | Number of share options | Average exercise price (£)
Outstanding at beginning of period | 400 | 36.69 |  | 400 | 36.69
Outstanding at the end of the period | 400 | 0 |  | 400 | 36.69
Exercisable at the end of the period | 0 | 0 |  | 0 | 0

The fair value of the share options at the grant date was calculated using a model, which is considered to be the most appropriate generally accepted valuation method of measuring fair value.

#### 4. Tangible assets

| Office equipment |  | Computer equipment |  | Total
| £ |  | £ |  | £
Cost |  |  |  |  |
At 01 April 2024 | 1,972 |  | 27,164 |  | 29,136
Additions | 537 |  | 1,750 |  | 2,287
Disposals | ( 1,139) |  | ( 6,729) |  | ( 7,868)
At 31 March 2025 | 1,370 |  | 22,185 |  | 23,555
Accumulated depreciation |  |  |  |  |
At 01 April 2024 | 949 |  | 24,042 |  | 24,991
Charge for the financial year | 404 |  | 2,113 |  | 2,517
Disposals | ( 930) |  | ( 6,729) |  | ( 7,659)
At 31 March 2025 | 423 |  | 19,426 |  | 19,849
Net book value |  |  |  |  |
At 31 March 2025 | 947 |  | 2,759 |  | 3,706
At 31 March 2024 | 1,023 |  | 3,122 |  | 4,145

#### 5. Debtors

| 31.03.2025 |  | 31.03.2024
| £ |  | £
Trade debtors | 102,000 |  | 189,408
Prepayments | 2,886 |  | 1,635
Other debtors | 3,535 |  | 2,734
| 108,421 |  | 193,777

#### 6. Creditors: amounts falling due within one year

| 31.03.2025 |  | 31.03.2024
| £ |  | £
Trade creditors | 5,503 |  | 2,716
Amounts owed to director | 0 |  | 105
Accruals and deferred income | 125,710 |  | 199,074
Corporation tax | 78,791 |  | 93,980
Other taxation and social security | 78,236 |  | 98,878
Other creditors | 1,502 |  | 1,612
| 289,742 |  | 396,365

#### 7. Financial commitments

Pensions

The Company operates a defined contribution pension scheme for the director and employees. The assets of the scheme are held separately from those of the Company in an independently administered fund.

| 31.03.2025 |  | 31.03.2024
| £ |  | £
Unpaid contributions due to the fund (inc. in other creditors) | 536 |  | 591