Company registration number: 08534849
Annual report and unaudited financial statements
for the year ended 30 November 2025
for
Joe Hughes International Limited
Pages for filing with the Registrar
Joe Hughes International Limited
Accountant’s Report to the Board of Directors for the preparation of the unaudited financial statements
In order to assist you to fulfil your duties under the Companies Act 2006, I have prepared for your approval the financial statements of Joe Hughes International Limited for the year ended 30 November 2025 which comprise the Profit and loss account, Balance sheet and the notes to the financial statements from the company’s accounting records and from information and explanations you have given me.
This report is made solely to the Board of Directors of Joe Hughes International Limited, as a body, in accordance with the terms of my engagement letter. My work has been undertaken solely to prepare for your approval the financial statements of Joe Hughes International Limited and state those matters that I have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than Joe Hughes International Limited and its Board of Directors, as a body, for my work, or for this report.
It is your duty to ensure that Joe Hughes International Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of Joe Hughes International Limited. You consider that Joe Hughes International Limited is exempt from the statutory audit requirement for the year.
I have not been instructed to carry out an audit or a review of the accounts of Joe Hughes International Limited. For this reason, I have not verified the accuracy or completeness of the accounting records or information and explanations you have given to me and I do not, therefore, express any opinion on the statutory financial statements.
Yvonne Scott
Old Vicarage
90 Church Street
Coton in the Elms
Swadlincote
Derbyshire
DE12 8HA
United Kingdom
Date: 31 August 2026
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Company registration number: 08534849
Joe Hughes International Limited
Balance sheet
as at 30 November 2025
2025 2024
Note £ £ £ £
Fixed assets
Intangible assets 4 224,000 251,250
Tangible assets 5 589,314 635,305
813,314 886,555
Current assets
Stocks 855,555 859,751
Debtors 6 144,982 332,608
Cash at bank and in hand 303,569 238,085
1,304,106 1,430,444
Creditors: amounts falling due within one year
7 (883,611) (966,439)
Net current assets 420,495 464,005
Total assets less current liabilities 1,233,809 1,350,560
Creditors: Amounts falling due after more than one year
8 - (24,500)
Provisions for liabilities (14,516) (27,129)
NET ASSETS 1,219,293 1,298,931
Capital and reserves
Called up share capital 1,000 1,000
Profit and loss account 1,218,293 1,297,931
TOTAL EQUITY 1,219,293 1,298,931
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 30 November 2025.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
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Company registration number: 08534849
Joe Hughes International Limited
Balance sheet - continued
as at 30 November 2025
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 Profit and loss account has not been delivered to the Registrar.
These financial statements were approved by the Board of directors and authorised for issue on 31 August 2026 and signed on its behalf by:
Mr M Hughes, Director Mrs N Hickman, Director
31 August 2026 31 August 2026
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Joe Hughes International Limited
Notes to the financial statements
for the year ended 30 November 2025
1 Company information
Joe Hughes International Limited is a private company registered in England and Wales. Its registered number is 08534849. The company is limited by shares. Its registered office is Joe Hughes International Ltd, 4 Victory Park Way, Derby, Derbyshire, DE24 8ZF.
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 historic cost convention.
Going concern
In preparing these financial statements, the directors have assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company’s ability to continue as a going concern. In making this assessment, the directors take into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The directors consider that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, Value Added Tax and other sales taxes.
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.
Amortisation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Goodwill - Goodwill, being the amount paid in connection with the acquisition of a business in 2014, is being amortised evenly over its estimated useful life of twenty years.

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Joe Hughes International Limited
Notes to the financial statements - continued
for the year ended 30 November 2025
2 Accounting policies - continued
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Land and buildings:
Freehold property - 2% straight line
Plant and machinery etc.:
Plant and machinery - 15% reducing balance
Fixtures & fittings - 15% reducing balance
Motor vehicles - 25% reducing balance
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 year comprises current and deferred taxation. Tax is recognised in the Profit and loss account, 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 taxation
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 been enacted or substantively enacted by the balance sheet date 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 probably that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
Retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company’s pension scheme are charged to profit and loss in the period to which they relate.
3 Average number of employees
During the year the average number of employees was 21 (2024 - 24).
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Joe Hughes International Limited
Notes to the financial statements - continued
for the year ended 30 November 2025
4 Intangible assets
Goodwill
£
Cost
At 1 December 2024 251,250
At 30 November 2025 251,250
Amortisation
Charge for year 27,250
At 30 November 2025 27,250
Net book value
At 30 November 2025 224,000
At 30 November 2024 251,250
5 Tangible fixed assets
Land and buildings
Plant and machinery etc.

Totals
£ £ £
Cost
At 1 December 2024 512,268 123,037 635,305
Disposals - (10,323) (10,323)
At 30 November 2025 512,268 112,714 624,982
Depreciation
Charge for year 13,003 22,665 35,668
At 30 November 2025 13,003 22,665 35,668
Net book value
At 30 November 2025 499,265 90,049 589,314
At 30 November 2024 512,268 123,037 635,305
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Joe Hughes International Limited
Notes to the financial statements - continued
for the year ended 30 November 2025
6 Debtors
2025 2024
£ £
Trade debtors 93,194 76,587
Other debtors 5,825 226,179
Prepayments and accrued income 45,963 29,842
144,982 332,608
7 Creditors: amounts falling due within one year
2025 2024
£ £
Bank loans and overdrafts 24,500 61,084
Trade creditors 195,699 155,702
Amounts owed to directors 579,472 651,623
Other creditors 3,296 3,298
Taxation 15,905 14,389
VAT payable 43,679 60,505
Social security and other tax 12,250 10,405
Accruals and deferred income 8,810 9,433
883,611 966,439
8 Creditors: amounts falling due after more than one year
2025 2024
£ £
Bank loans - 24,500
9 Secured debts
The following secured debts are included with creditors: 2025 - £ 24,500 2024 - £ 85,584


10 Share capital
Alloted share capital 1000, fully paid 1000
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