| REGISTERED NUMBER: |
| The Hutchinson Partnership Limited |
| Unaudited Financial Statements |
| for the Year Ended 31 January 2026 |
| REGISTERED NUMBER: |
| The Hutchinson Partnership Limited |
| Unaudited Financial Statements |
| for the Year Ended 31 January 2026 |
| The Hutchinson Partnership Limited (Registered number: 04550038) |
| Contents of the Financial Statements |
| for the Year Ended 31 January 2026 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 4 |
| The Hutchinson Partnership Limited |
| Company Information |
| for the Year Ended 31 January 2026 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| BANKERS: |
| 12 Broad Street |
| Hereford |
| Herefordshire |
| HR4 9AH |
| The Hutchinson Partnership Limited (Registered number: 04550038) |
| Balance Sheet |
| 31 January 2026 |
| 2026 | 2025 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Intangible assets | 4 |
| Tangible assets | 5 |
| Investments | 6 |
| CURRENT ASSETS |
| Stocks |
| Debtors | 7 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 8 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
9 |
( |
) |
( |
) |
| PROVISIONS FOR LIABILITIES | 11 | ( |
) | ( |
) |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Allotted, issued and fully paid share capital |
| Capital redemption reserve |
| Retained earnings |
| SHAREHOLDERS' FUNDS |
| 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 Hutchinson Partnership Limited (Registered number: 04550038) |
| Balance Sheet - continued |
| 31 January 2026 |
| The financial statements were approved by the Board of Directors and authorised for issue on |
| The Hutchinson Partnership Limited (Registered number: 04550038) |
| Notes to the Financial Statements |
| for the Year Ended 31 January 2026 |
| 1. | STATUTORY INFORMATION |
| The Hutchinson Partnership Limited is a |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| The directors have considered the financial requirements of the company and consider that it will be able to operate within its agreed finance facilities for the next 12 months. The directors therefore consider it appropriate to prepare the accounts on the going concern basis. |
| Turnover |
| Turnover represents fee income stated net of discounts and value added tax. Revenue from services is recognised in the accounting periods in which the services are rendered. |
| Goodwill |
| In the directors' opinion, the goodwill was fully written off by 31 January 2025. Goodwill was therefore written off to the profit and loss account over its remaining useful life on a straight line basis. |
| Fixed asset investments |
| Fixed asset investments are stated at market value at the balance sheet date. |
| Tangible fixed assets |
| Depreciation is provided at the following rates in order to write off each asset over its estimated useful life: |
| Computers and associated IT equipment | 33% of cost |
| Other office equipment | 25% of net book value |
| Furniture and fittings | 15% of net book value |
| Storage unit and solar panels | 10% of cost |
| Stocks |
| Stock represents unbilled, completed work in progress valued at net realisable value. |
| Taxation |
| Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings 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. |
| The Hutchinson Partnership Limited (Registered number: 04550038) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 January 2026 |
| 2. | ACCOUNTING POLICIES - continued |
| 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. |
| 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 makes payments to various defined contribution pension schemes. Contributions payable for the year are charged in the profit and loss account. |
| 3. | EMPLOYEES |
| The average number of employees during the year was |
| 4. | INTANGIBLE FIXED ASSETS |
| Goodwill |
| £ |
| COST |
| At 1 February 2025 |
| and 31 January 2026 |
| AMORTISATION |
| At 1 February 2025 |
| and 31 January 2026 |
| NET BOOK VALUE |
| At 31 January 2026 |
| At 31 January 2025 |
| The Hutchinson Partnership Limited (Registered number: 04550038) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 January 2026 |
| 5. | TANGIBLE FIXED ASSETS |
| Improvements | Fixtures |
| to | Plant and | and |
| property | machinery | fittings |
| £ | £ | £ |
| COST |
| At 1 February 2025 |
| Additions |
| Disposals |
| At 31 January 2026 |
| DEPRECIATION |
| At 1 February 2025 |
| Charge for year |
| Eliminated on disposal |
| At 31 January 2026 |
| NET BOOK VALUE |
| At 31 January 2026 |
| At 31 January 2025 |
| Solar | Computer |
| Panels | equipment | Totals |
| £ | £ | £ |
| COST |
| At 1 February 2025 |
| Additions |
| Disposals | ( |
) | ( |
) |
| At 31 January 2026 |
| DEPRECIATION |
| At 1 February 2025 |
| Charge for year |
| Eliminated on disposal | ( |
) | ( |
) |
| At 31 January 2026 |
| NET BOOK VALUE |
| At 31 January 2026 |
| At 31 January 2025 |
| 6. | FIXED ASSET INVESTMENTS |
| Other |
| loans |
| £ |
| At 1 February 2025 |
| and 31 January 2026 |
| The Hutchinson Partnership Limited (Registered number: 04550038) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 January 2026 |
| 7. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2026 | 2025 |
| £ | £ |
| Trade debtors |
| Accrued income |
| Prepayments |
| 8. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2026 | 2025 |
| £ | £ |
| Trade creditors |
| Corporation tax |
| VAT | 55,463 | 69,013 |
| Other creditors |
| Directors' current accounts | 60,800 | 35,165 |
| Directors' loan accounts | 5,000 | 4,078 |
| Accruals and deferred income |
| 9. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| 2026 | 2025 |
| £ | £ |
| Other loans | 2,500 | 2,500 |
| 10. | LEASING AGREEMENTS |
| Minimum lease payments under non-cancellable operating leases fall due as follows: |
| 2026 | 2025 |
| £ | £ |
| Within one year |
| Between one and five years |
| Lease payments are subject to RPI increases each November, capped at 3% per annum. |
| 11. | PROVISIONS FOR LIABILITIES |
| 2026 | 2025 |
| £ | £ |
| Deferred tax | 7,268 | 7,366 |
| The Hutchinson Partnership Limited (Registered number: 04550038) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 January 2026 |
| 11. | PROVISIONS FOR LIABILITIES - continued |
| Deferred |
| tax |
| £ |
| Balance at 1 February 2025 |
| Provided during year | ( |
) |
| Balance at 31 January 2026 |
| 12. | RELATED PARTY DISCLOSURES |
| At the year end, loans owed to directors and other related parties amounted to £68,300 (2025 - £41,743). These loans were interest free and unsecured. Of these loans, £65,800 (2025 - £39,243) were repayable on demand. |