Company Registration No. 12757606 (England and Wales)
HUB LICENCES LIMITED
Unaudited accounts
for the year ended 31 July 2025
HUB LICENCES LIMITED
Unaudited accounts
Contents
HUB LICENCES LIMITED
Company Information
for the year ended 31 July 2025
Director
Christopher John Rush
Company Number
12757606 (England and Wales)
Registered Office
57 Ely Street
Stratford-Upon-Avon
CV37 6LN
HUB LICENCES LIMITED
Statement of financial position
as at 31 July 2025
Intangible assets
317,819
129,000
Tangible assets
14,644
22,576
Cash at bank and in hand
1,959
5,150
Creditors: amounts falling due within one year
(318,810)
(169,185)
Net current liabilities
(228,188)
(100,796)
Total assets less current liabilities
104,275
50,780
Creditors: amounts falling due after more than one year
(122,949)
(54,331)
Net liabilities
(18,674)
(3,551)
Called up share capital
100
100
Profit and loss account
(18,774)
(3,651)
Shareholders' funds
(18,674)
(3,551)
For the 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 in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 29 July 2026 and were signed on its behalf by
Christopher John Rush
Director
Company Registration No. 12757606
HUB LICENCES LIMITED
Notes to the Accounts
for the year ended 31 July 2025
HUB LICENCES LIMITED is a private company, limited by shares, registered in England and Wales, registration number 12757606. The registered office is 57 Ely Street, Stratford-Upon-Avon, CV37 6LN.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
33.3% Straight Line
Computer equipment
33.3% Straight Line
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
The Director considers it appropriate to amortise over 10 years.
The accounts have been prepared on a going concern basis, which assumes that the company will continue to trade. The director considers it appropriate to prepare the financial statements on this basis as the director provides sufficient funds to enable the company to meet its day to day working capital requirements. The financial statements do not include any adjustments that would result from a withdrawal of the support provided by the directors.
HUB LICENCES LIMITED
Notes to the Accounts
for the year ended 31 July 2025
4
Intangible fixed assets
Other
Charge for the year
37,647
5
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 August 2024
39,797
6,169
45,966
Additions
3,018
1,256
4,274
At 31 July 2025
42,815
7,425
50,240
At 1 August 2024
18,508
4,882
23,390
Charge for the year
10,504
1,702
12,206
At 31 July 2025
29,012
6,584
35,596
At 31 July 2025
13,803
841
14,644
At 31 July 2024
21,289
1,287
22,576
Amounts falling due within one year
Trade debtors
50,294
24,850
Accrued income and prepayments
2,990
2,990
Other debtors
35,379
35,399
HUB LICENCES LIMITED
Notes to the Accounts
for the year ended 31 July 2025
7
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
81,660
39,374
Taxes and social security
69,579
17,020
Other creditors
32,927
77,098
Loans from directors
47,587
10
The bank loans and overdrafts are secured by a fixed and floating charge over the company's assets.
8
Creditors: amounts falling due after more than one year
2025
2024
9
Transactions with related parties
Included in Debtors is an Inter Company Loan that is due from Totally Rad Music Limited for £35,125 (2024: £31,732). Totally Rad Music Limited is a Company that Christopher Rush has a majority share in..
10
Average number of employees
During the year the average number of employees was 10 (2024: 6).