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Registration number: 08224735

Charles Hoile Ltd
Unaudited Filleted Financial Statements
for the Year Ended 30 June 2025

Charles Hoile Ltd

Contents

Balance Sheet | 1 to 2
Notes to the Financial Statements | 3 to 7

Charles Hoile Ltd

(Registration number: 08224735)
Balance Sheet as at 30 June 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Intangible assets | 4 | - | 6,500
Tangible assets | 5 | 3,056 | 1,060
|  | 3,056 | 7,560
Current assets |  |  |
Stocks | 6 | 100 | 100
Debtors | 7 | 100,324 | 109,051
Cash at bank and in hand |  | 72,496 | 133,396
|  | 172,920 | 242,547
Creditors: Amounts falling due within one year | 8 | (18,776) | (53,065)
Net current assets |  | 154,144 | 189,482
Net assets |  | 157,200 | 197,042
Capital and reserves |  |  |
Called up share capital |  | 58 | 58
Retained earnings |  | 157,142 | 196,984
Shareholders' funds |  | 157,200 | 197,042

Charles Hoile Ltd

(Registration number: 08224735)
Balance Sheet as at 30 June 2025

For the financial year ending 30 June 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 members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• | The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 16 January 2026

......................................... A L R Scott-Malden Company secretary and director

Charles Hoile Ltd

Notes to the Financial Statements for the Year Ended 30 June 2025

1 | General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Broadway House
4-8 The Broadway
Newbury
Berkshire
RG14 1BA

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the provision of legal services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.In respect of long-term contracts for on-going services, turnover represents the value of work in the year, including estimates of amounts not invoiced. Turnover in respect of long-term contracts for on-going services is recongnised by reference to the stage of completion.

Tax

The tax expense for the period comprises current tax payable.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class | Depreciation method and rate
Office equipment | 25% straight line

Charles Hoile Ltd

Notes to the Financial Statements for the Year Ended 30 June 2025

Goodwill

Goodwill arising on the acquisition of an entity represents the excess of the cost of acquisition over the company’s interest in the net fair value of the identifiable assets, liabilities and contingent liabilities of the entity recognised at the date of acquisition. Goodwill is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is held in the currency of the acquired entity and revalued to the closing rate at each reporting period date. Goodwill is amortised over its useful life, which shall not exceed ten years if a reliable estimate of the useful life cannot be made.

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class | Amortisation method and rate
Goodwill | over 10 years

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Debtors

Trade debtors are amounts due from customers for services performed in the ordinary course of business.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers.

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.
Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

Charles Hoile Ltd

Notes to the Financial Statements for the Year Ended 30 June 2025

3 | Staff numbers

The average number of persons employed by the company (including the director) during the year, was 4 (2024 - 5).

4 | Intangible assets

| Goodwill £ | Total £
Cost or valuation
At 1 July 2024 | 130,000 | 130,000
At 30 June 2025 | 130,000 | 130,000
Amortisation
At 1 July 2024 | 123,500 | 123,500
Amortisation charge | 6,500 | 6,500
At 30 June 2025 | 130,000 | 130,000
Carrying amount
At 30 June 2025 | - | -
At 30 June 2024 | 6,500 | 6,500

Charles Hoile Ltd

Notes to the Financial Statements for the Year Ended 30 June 2025

5 | Tangible assets

| Office equipment £ | Total £
Cost or valuation
At 1 July 2024 | 68,900 | 68,900
Additions | 3,667 | 3,667
At 30 June 2025 | 72,567 | 72,567
Depreciation
At 1 July 2024 | 67,840 | 67,840
Charge for the year | 1,671 | 1,671
At 30 June 2025 | 69,511 | 69,511
Carrying amount
At 30 June 2025 | 3,056 | 3,056
At 30 June 2024 | 1,060 | 1,060

6 | Stocks

| 2025 £ | 2024 £
Other inventories | 100 | 100

7 | Debtors

Current | 2025 £ | 2024 £
Trade debtors | 5,621 | 19,060
Prepayments | 3,613 | 12,620
Other debtors | 91,090 | 77,371
| 100,324 | 109,051

Charles Hoile Ltd

Notes to the Financial Statements for the Year Ended 30 June 2025

8 | Creditors

Creditors: amounts falling due within one year

| 2025 £ | 2024 £
Due within one year |  |
Taxation and social security | 12,545 | 46,271
Other creditors | 6,231 | 6,794
| 18,776 | 53,065

9 | Related party transactions

Other transactions with directors

Included in other creditors at the year end is a balance due to the directors of £608 (2024 - £1,109).