Hughes Brothers (Derby) Limited

	Page
Abridged Balance Sheet	1—2
Notes to the Abridged Financial Statements	3—4

Registered number: 04589756

		31 March 2025		30 November 2023
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	5		43,589		39,343

			43,589		39,343
CURRENT ASSETS
Stocks		25,322		24,524
Debtors		45,151		21,030
Cash at bank and in hand		193,860		102,281

		264,333		147,835
Creditors: Amounts Falling Due Within One Year		(184,678 )		(147,917 )

NET CURRENT ASSETS (LIABILITIES)			79,655		(82 )

TOTAL ASSETS LESS CURRENT LIABILITIES			123,244		39,261

NET ASSETS			123,244		39,261

CAPITAL AND RESERVES
Called up share capital	6		100		100
Profit and Loss Account			123,144		39,161

SHAREHOLDERS' FUNDS			123,244		39,261

Page 1

Page 2

Hughes Brothers (Derby) Limited

Abridged Balance Sheet (continued)

As At 31 March 2025

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

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

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

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

All of the company's members have consented to the preparation of an Abridged Balance Sheet for the year end 31 March 2025 in accordance with section 444(2A) of the Companies Act 2006.

On behalf of the board

Mr Glyn Hughes Director	Mr Paul Vickers Director
23rd December 2025

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Hughes Brothers (Derby) Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04589756 . The registered office is Units D & E, Chequers Lane Business Park, Chequers Lane, Derby, DE21 6AW.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

2.2. Turnover

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

2.3. Intangible Fixed Assets and Amortisation - Goodwill

Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of five years.

2.4. Tangible Fixed Assets and Depreciation

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

Plant & Machinery	10% on reducing balance
Motor Vehicles	25% on reducing balance
Fixtures & Fittings	20% on reducing balance
Computer Equipment	25% on reducing balance

2.5. Stocks and Work in Progress

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

2.6. 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.

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Hughes Brothers (Derby) Limited

Notes to the Abridged Financial Statements (continued)

For the Period 1 December 2023 to 31 March 2025

3. Average Number of Employees

Average number of employees, including directors, during the period was: 8 (2023: 9)

4. Intangible Assets

	Total
	£
Cost
As at 1 December 2023	43,000

As at 31 March 2025	43,000

Amortisation
As at 1 December 2023	43,000

As at 31 March 2025	43,000

Net Book Value
As at 31 March 2025	-

As at 1 December 2023	-

5. Tangible Assets

	Total
	£
Cost
As at 1 December 2023	106,931
Additions	15,759

As at 31 March 2025	122,690

Depreciation
As at 1 December 2023	67,588
Provided during the period	11,513

As at 31 March 2025	79,101

Net Book Value
As at 31 March 2025	43,589

As at 1 December 2023	39,343

6. Share Capital

	31 March 2025	30 November 2023
	£	£
Allotted, Called up and fully paid	100	100