REGISTERED NUMBER: 07078399 (England and Wales)

C J HUGO LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

C J Hugo

SECRETARY:

J K Hugo

REGISTERED OFFICE:

The Red House

50 High Street

Sevenoaks

Kent

TN13 1JL

REGISTERED NUMBER:

07078399 (England and Wales)

ACCOUNTANTS:

Lakeview Southern Limited

Chartered Accountants

2 Lakeview Stables

Lower St. Clere

Kemsing

Sevenoaks

Kent

TN15 6NL

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

1,017

-

1,017

-

CURRENT ASSETS

Debtors

6

1,119,724

1,331,736

Cash at bank

387,250

143,703

1,506,974

1,475,439

CREDITORS

Amounts falling due within one year

7

53,257

73,578

NET CURRENT ASSETS

1,453,717

1,401,861

TOTAL ASSETS LESS CURRENT LIABILITIES

1,454,734

1,401,861

CAPITAL AND RESERVES

Called up share capital

100

100

Revaluation reserve

8

168,840

198,192

Retained earnings

1,285,794

1,203,569

1,454,734

1,401,861

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 28 July 2026 and were signed by:

C J Hugo - Director

1.	STATUTORY INFORMATION

C J Hugo 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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2009, is being amortised evenly over its estimated useful life of ten years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

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

Plant and machinery etc

-

33% on cost

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.

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.

Other income

Other income includes the company's share of the profits of the partnership Knocker & Foskett Solicitors.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2025 - 2 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2025

and 31 March 2026

316,922

AMORTISATION

At 1 April 2025

and 31 March 2026

316,922

NET BOOK VALUE

At 31 March 2026

-

At 31 March 2025

-

Goodwill arose on the purchase of the company's share in Knocker & Foskett Solicitors.

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

Additions

1,525

At 31 March 2026

1,525

DEPRECIATION

Charge for year

508

At 31 March 2026

508

NET BOOK VALUE

At 31 March 2026

1,017

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Other debtors

1,119,724

1,331,736

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Taxation and social security

53,257

72,271

Other creditors

-

1,307

53,257

73,578

8.

RESERVES

Revaluation

reserve

£

At 1 April 2025

198,192

Revaluation released

(29,352

)

At 31 March 2026

168,840

9.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2026 and 31 March 2025:

31.3.26

31.3.25

£

£

C J Hugo

Balance outstanding at start of year

125,735

150,312

Amounts advanced

170,012

126,082

Amounts repaid

(125,735

)

(150,659

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

170,012

125,735

Interest was charged on the director's advances at HM Revenue & Customs official rate of interest.

The outstanding advances were repaid within nine months of the year end.