REGISTERED NUMBER: 08458359

Unaudited Financial Statements for the Year Ended 31 March 2026

for

Hughes Imaging Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Dr Mark Hughes

Mrs Ann Hughes

REGISTERED OFFICE:

395-397 Woodchurch Road

Prenton

Birkenhead

Merseyside

REGISTERED NUMBER:

08458359

ACCOUNTANTS:

Cheryl Bostock & Company Accountants Limited

395-397 Woodchurch Road

Prenton

Birkenhead

Merseyside

FIXED ASSETS

Tangible assets

4

493

646

Investments

5

192,287

186,690

192,780

187,336

CURRENT ASSETS

Debtors

6

7,678

6,476

Cash at bank

139,766

149,084

147,444

155,560

CREDITORS

Amounts falling due within one year

7

2,836

14,922

NET CURRENT ASSETS

144,608

140,638

TOTAL ASSETS LESS CURRENT LIABILITIES

337,388

327,974

PROVISIONS FOR LIABILITIES

123

123

NET ASSETS

337,265

327,851

CAPITAL AND RESERVES

Called up share capital

8

200

200

Revaluation reserve

9

42,287

36,690

Retained earnings

9

294,778

290,961

SHAREHOLDERS' FUNDS

337,265

327,851

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 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 12 August 2026 and were signed on its behalf by:

Dr Mark Hughes - Director

1.	STATUTORY INFORMATION

Hughes Imaging Ltd is a private company, limited by shares , registered in Not specified/Other. 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 as modified by the revaluation of certain assets.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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

-

20% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Computer equipment

-

25% on reducing balance

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.

Fixed asset investments

These have been recorded at investment cost and will be reviewed and measured at fair value each financial year. Realised gains and losses will be shown in the Profit & Loss account.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2025 - NIL ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Computer

machinery

fittings

equipment

Totals

£

£

£

£

COST

At 1 April 2025

and 31 March 2026

1,022

4,231

3,515

8,768

DEPRECIATION

At 1 April 2025

970

3,899

3,253

8,122

Charge for year

52

49

52

153

At 31 March 2026

1,022

3,948

3,305

8,275

NET BOOK VALUE

At 31 March 2026

-

283

210

493

At 31 March 2025

52

332

262

646

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST OR VALUATION

At 1 April 2025

186,690

Revaluations

5,597

At 31 March 2026

192,287

NET BOOK VALUE

At 31 March 2026

192,287

At 31 March 2025

186,690

Cost or valuation at 31 March 2026 is represented by:

Other

investments

£

Valuation in 2025

186,690

Valuation in 2026

5,597

192,287

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Trade debtors

5,237

5,831

Other debtors

-

645

Directors' current accounts

2,441

-

7,678

6,476

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Tax

1,395

6,918

Social security and other taxes

211

328

Directors' current accounts

-

6,476

Accrued expenses

1,230

1,200

2,836

14,922

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.26

31.3.25

value:

£

£

100

Ordinary

1

100

100

50

Ordinary A

1

50

50

50

Ordinary B

1

50

50

200

200

9.

RESERVES

Retained

Revaluation

earnings

reserve

Totals

£

£

£

At 1 April 2025

290,961

36,690

327,651

Profit for the year

10,914

10,914

Dividends

(1,500

)

(1,500

)

Fixed asset revaluation

(5,597

)

5,597

-

At 31 March 2026

294,778

42,287

337,065