David Hutchins Innovation Limited


Directors	Hutchins, David Collingwood
	Hutchins, Margaret Ruth
	Olutumehin, Kolawole Ayodele Oluwashina


Company Secretary	Hutchins, Margaret Ruth


Registered Address	107 North Street
	Martock
	TA12 6EJ


Registered Number	04538824 (England and Wales)

Balance Sheet as at
30 April 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	5		1,376		1,797
			1,376		1,797
Current assets
Debtors	6	17,613		9,238
Cash at bank and on hand		54,143		55,797
		71,756		65,035
Creditors amounts falling due within one year	7	(194,154)		(173,485)
Net current assets (liabilities)			(122,398)		(108,450)
Total assets less current liabilities			(121,022)		(106,653)
Creditors amounts falling due after one year			(1,356)		(3,494)
Net assets			(122,378)		(110,147)
Capital and reserves
Called up share capital			2		2
Profit and loss account			(122,380)		(110,149)
Shareholders' funds			(122,378)		(110,147)

The company was entitled to exemption from audit for this reporting period 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 Directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.
The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved and authorised for issue by the Board of Directors on 9 October 2025, and are signed on its behalf by:

Hutchins, David Collingwood
Director

Hutchins, Margaret Ruth
Director

Olutumehin, Kolawole Ayodele Oluwashina
Director

Registered Company No. 04538824

David Hutchins Innovation Limited

Notes to the Financial Statements
for the year ended 30 April 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	Going concern
	The Balance Sheet shows Net Liabilities at the Balance Sheet date of £122,379 (RESTATED 2024 :£110,150 ). The company has used funds introduced by the directors to ensure that its financial obligations are met and the amount owed to the directors at the Balance Sheet date was £116,672 (2024: £109,807). The directors have no intention of seeking repayment of these loans in the foreseeable future and they therefore consider that the going concern basis is appropriate for the preparation of these accounts.

Going concern

The Balance Sheet shows Net Liabilities at the Balance Sheet date of £122,379 (RESTATED 2024 :£110,150 ).

The company has used funds introduced by the directors to ensure that its financial obligations are met and the amount owed to the directors at the Balance Sheet date was £116,672 (2024: £109,807).

The directors have no intention of seeking repayment of these loans in the foreseeable future and they therefore consider that the going concern basis is appropriate for the preparation of these accounts.

	Turnover policy
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	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.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:


		Reducing balance (%)
	Land and buildings	25
	Plant and machinery	25
	Office Equipment	25

2.	Average number of employees


		2025		2024
	Average number of employees during the year	1		1

3.	Prior period adjustment
	During the year ended 30 April 2025, the company identified a material error relating to the prior financial year. The error arose due to incorrect revenue recognition for a contract completed in May 2024, which was mistakenly included in the accounts for year ended 30 April 2024. In accordance with FRS 102 Section 1A, the comparative figures for the year ended 30 April 2024 have been restated to correct this error.

Prior period adjustment

During the year ended 30 April 2025, the company identified a material error relating to the prior financial year. The error arose due to incorrect revenue recognition for a contract completed in May 2024, which was mistakenly included in the accounts for year ended 30 April 2024.

In accordance with FRS 102 Section 1A, the comparative figures for the year ended 30 April 2024 have been restated to correct this error.

4.	Intangible assets

		Total
		£
	Cost or valuation
	At 01 May 24	200
	At 30 April 25	200
	Amortisation and impairment
	At 01 May 24	200
	At 30 April 25	200
	Net book value
	At 30 April 25	-
	At 30 April 24	-

5.	Tangible fixed assets

		Total
		£
	Cost or valuation
	At 01 May 24	63,668
	At 30 April 25	63,668
	Depreciation and impairment
	At 01 May 24	61,871
	Charge for year	421
	At 30 April 25	62,292
	Net book value
	At 30 April 25	1,376
	At 30 April 24	1,797

6.	Debtors: amounts due within one year

	2025	2024
	£	£
Trade debtors / trade receivables	7,289	420
Prepayments and accrued income	10,324	8,818
Total	17,613	9,238

7.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	3,044	3,036
Bank borrowings and overdrafts	2,270	2,228
Amounts owed to related parties	116,670	109,807
Taxation and social security	32	1,291
Accrued liabilities and deferred income	72,138	57,123
Total	194,154	173,485


	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.