Home Hub Southampton Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 09902994 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2025

for

Home Hub Southampton Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

P J Nicholls

Mrs A J Nicholls

B P Nicholls

A G Lawrence

REGISTERED OFFICE:

63 Haskucks Green Road

Shirley

Solihull

B90 2ED

REGISTERED NUMBER:

09902994 (England and Wales)

FIXED ASSETS

Tangible assets

5

-

2,524

CURRENT ASSETS

Debtors

6

1,379

50,025

Cash at bank

40,965

13,346

42,344

63,371

CREDITORS

Amounts falling due within one year

7

74,210

103,035

NET CURRENT LIABILITIES

(31,866

)

(39,664

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

(31,866

)

(37,140

)

CREDITORS

Amounts falling due after more than one
year

8

19,860

25,500

NET LIABILITIES

(51,726

)

(62,640

)

CAPITAL AND RESERVES

Called up share capital

2

Retained earnings

(51,728

)

(62,642

)

(51,726

)

(62,640

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 24 September 2026 and were signed on its behalf by:

A G Lawrence - Director

1.	STATUTORY INFORMATION

Home Hub Southampton Ltd 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.	STATEMENT OF COMPLIANCE

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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 for goods supplied and services rendered, net of discounts and Value Added Tax.

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

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

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Income tax

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Finance leases and hire purchase contracts

Assets held under finance leases and hire purchase contracts are recognised in the statement of financial position as assets and liabilities at the lower of the fair value of the assets and the present value of the minimum lease payments, which is determined at the inception of the lease term. Any initial direct costs of the lease are added to the amount recognised as an asset.

Lease payments are apportioned between the finance charges and reduction of the outstanding lease liability using the effective interest method. Finance charges are allocated to each period so as to produce a constant rate of interest on the remaining balance of the liability.

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets.

For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.

When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - 1 ).

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Computer

machinery

fittings

equipment

Totals

£

COST

At 1 January 2025

5,817

2,438

6,237

14,492

Disposals

(5,817

)

(2,438

)

(6,237

)

(14,492

)

At 31 December 2025

-

DEPRECIATION

At 1 January 2025

4,716

2,151

5,101

11,968

Eliminated on disposal

(4,716

)

(2,151

)

(5,101

)

(11,968

)

At 31 December 2025

-

NET BOOK VALUE

At 31 December 2025

-

At 31 December 2024

1,101

287

1,136

2,524

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Trade debtors

1,278

1,458

Other debtors

-

48,442

VAT

101

-

Prepayments and accrued income

-

125

1,379

50,025

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Bank loans and overdrafts

5,400

5,121

Trade creditors

-

23,610

Amounts owed to group undertakings

60,026

Tax

(1,480

)

(1,480

)

Social security and other taxes

3,111

2,034

VAT

-

2,847

Other creditors

3,227

7,151

Directors' current accounts

2,496

Accruals and deferred income

1,430

1,230

74,210

103,035

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

2025

2024

£

Bank loans - 1-2 years

19,860

25,500

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 December 2025 and 31 December 2024:

2025

2024

£

P J Nicholls

Balance outstanding at start of year

(624

)

(312

)

Amounts advanced

-

(312

)

Amounts repaid

-

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

(624

)

(624

)

Mrs A J Nicholls

Balance outstanding at start of year

(624

)

(312

)

Amounts advanced

-

(312

)

Amounts repaid

-

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

(624

)

(624

)

B P Nicholls

Balance outstanding at start of year

(624

)

(312

)

Amounts advanced

-

(312

)

Amounts repaid

-

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

(624

)

(624

)

A G Lawrence

Balance outstanding at start of year

(624

)

(312

)

Amounts advanced

-

(312

)

Amounts repaid

-

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

(624

)

(624

)