Registration number: 00567267

F.N.Hues & Sons Limited

Contents

Abridged Balance Sheet	1 to 2
Notes to the Unaudited Abridged Financial Statements	3 to 5

F.N.Hues & Sons Limited

(Registration number: 00567267)
Abridged Balance Sheet as at 31 July 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	2,182,491	2,197,974
Investment property		1,537,279	1,537,279
Other financial assets	5	25,646	25,646
		3,745,416	3,760,899
Current assets
Stocks		258,264	235,774
Debtors		28,123	25,957
Cash at bank and in hand		478,863	303,841
		765,250	565,572
Creditors: Amounts falling due within one year		(454,723)	(410,320)
Net current assets		310,527	155,252
Total assets less current liabilities		4,055,943	3,916,151
Creditors: Amounts falling due after more than one year		(71,501)	(77,890)
Provisions for liabilities		(18,273)	(21,802)
Net assets		3,966,169	3,816,459
Capital and reserves
Called up share capital		8,125	8,125
Share premium reserve		1,500	1,500
Capital redemption reserve		1,875	1,875
Revaluation reserve		156,557	156,557
Other reserves		1,083,835	1,083,835
Profit and loss account		2,714,277	2,564,567
Total equity		3,966,169	3,816,459

For the financial year ending 31 July 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 of its accounts for the year in question in accordance with section 476; and
	The directors acknowledge their 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 in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.

F.N.Hues & Sons Limited

(Registration number: 00567267)
Abridged Balance Sheet as at 31 July 2025

All of the company’s members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet in accordance with Section 444(2A) of the Companies Act 2006.

Approved and authorised by the Board on 7 April 2026 and signed on its behalf by:
 

Mr J F Hues Director

Mrs S Hues Director

F.N.Hues & Sons Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 July 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:
Cliff Farm
The Street
All Cannings
Devizes
Wiltshire
SN10 3NY

These financial statements were authorised for issue by the Board on 7 April 2026.

2	Accounting policies

Statement of compliance

These abridged financial statements were prepared in accordance with Financial Reporting Standard 102 Section 1A 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These abridged 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.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, 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 specific criteria have been met for each of the company's activities.

Government grants

Government grants are recognised at the fair value of the asset received or receivable when there is reasonable assurance that the grant conditions will be met and they will be received.

A grant that specifies performance conditions is recognised in income when the performance conditions are met. Where a grant does not specify performance conditions it is recognised in income when the proceeds are received or receivable. A grant received before the recognition criteria are satisfied is recognised as a liability.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

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.

F.N.Hues & Sons Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 July 2025

Deferred income tax is recognised on temporary differences arising between the tax bases of assets and liabilities and their carrying amounts in the financial statements and on unused tax losses or tax credits in the company. Deferred income tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit.

Tangible assets

Tangible assets are stated in the statement of financial position 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
Freehold land and buildings	Nil
Plant and machinery	25% Reducing balance
Tenants improvements	15% Reducing balance
Motor vehicles	25% Reducing balance

Investment property

Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually by external valuers. The valuers use observable market prices, adjusted if necessary for any difference in the nature, location or condition of the specific asset. Changes in fair value are recognised in profit or loss.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 3 (2024 - 3).

F.N.Hues & Sons Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 July 2025

4	Tangible assets

	Total £
Cost or valuation
At 1 August 2024	2,712,020
Additions	31,932
Disposals	(23,000)
At 31 July 2025	2,720,952
Depreciation
At 1 August 2024	514,045
Charge for the year	44,538
Eliminated on disposal	(20,122)
At 31 July 2025	538,461
Carrying amount
At 31 July 2025	2,182,491
At 31 July 2024	2,197,974

5	Other financial assets (current and non-current)

	2025 £	2024 £
Non-current financial assets
Financial assets at cost less impairment	25,646	25,646