REGISTERED NUMBER: 10895892 (England and Wales)

HUB26 LIMITED

Unaudited Financial Statements

for the Period 1 September 2024 to 30 August 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

D A Potticary

D G Potticary

REGISTERED OFFICE:

1 Park View Court

St Paul's Road

Shipley

West Yorkshire

BD18 3DZ

REGISTERED NUMBER:

10895892 (England and Wales)

ACCOUNTANTS:

Maclean & Company

1 Park View Court

St Paul's Road

Shipley

West Yorkshire

BD18 3DZ

FIXED ASSETS

Tangible assets

4

5,247,570

4,372,095

CURRENT ASSETS

Stocks

224,692

199,000

Debtors

5

394,223

79,790

Cash in hand

249

388

619,164

279,178

CREDITORS

Amounts falling due within one year

6

208,968

392,681

NET CURRENT ASSETS/(LIABILITIES)

410,196

(113,503

)

TOTAL ASSETS LESS CURRENT LIABILITIES

5,657,766

4,258,592

CREDITORS

Amounts falling due after more than one year

7

3,066,337

2,222,386

NET ASSETS

2,591,429

2,036,206

CAPITAL AND RESERVES

Called up share capital

168

162

Share premium

454,422

329,428

Retained earnings

2,136,839

1,706,616

SHAREHOLDERS' FUNDS

2,591,429

2,036,206

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 August 2025.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 August 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 1 June 2026 and were signed on its behalf by:

D A Potticary - Director

1.	STATUTORY INFORMATION

HUB26 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.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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

Turnover

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

Tangible fixed assets

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

Long leasehold

-

in accordance with the property

Improvements to property

-

in accordance with the property

Gym equipment

-

15% on reducing balance

Fixtures and fittings

-

10% on reducing balance

Computer equipment

-

33% on cost

Stocks

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

Taxation

Taxation for the period 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 period 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 32 (2024 - 31 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Long

to

Gym

leasehold

property

equipment

£

£

£

COST

At 1 September 2024

2,609,151

186,608

1,766,947

Additions

-

120,619

810,496

At 30 August 2025

2,609,151

307,227

2,577,443

DEPRECIATION

At 1 September 2024

250,971

165,044

652,299

Charge for period

52,183

45,688

173,771

At 30 August 2025

303,154

210,732

826,070

NET BOOK VALUE

At 30 August 2025

2,305,997

96,495

1,751,373

At 31 August 2024

2,358,180

21,564

1,114,648

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 September 2024

943,668

215,048

5,721,422

Additions

178,817

100,372

1,210,304

At 30 August 2025

1,122,485

315,420

6,931,726

DEPRECIATION

At 1 September 2024

208,691

72,322

1,349,327

Charge for period

41,379

21,808

334,829

At 30 August 2025

250,070

94,130

1,684,156

NET BOOK VALUE

At 30 August 2025

872,415

221,290

5,247,570

At 31 August 2024

734,977

142,726

4,372,095

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.8.25

31.8.24

£

£

Trade debtors

375,446

72,470

Other debtors

18,777

7,320

394,223

79,790

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.8.25

31.8.24

£

£

Bank loans and overdrafts

69,809

73,305

Trade creditors

88,531

169,011

Taxation

45,759

58,212

Other creditors

4,869

92,153

208,968

392,681

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.8.25

31.8.24

£

£

Bank loans

415,321

560,337

Other creditors

2,651,016

1,662,049

3,066,337

2,222,386

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

415,321

560,337

8.	SECURED DEBTS

The following secured debts are included within creditors:

30.8.25

31.8.24

£

£

Bank overdrafts

69,809

73,305

Bank loans

415,321

560,337

485,130

633,642

Bank borrowings are secured by a fixed and floating charge over all the assets of the company.