REGISTERED NUMBER: 06278986 (England and Wales)

HUD LTD

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2024

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

D Huddle

REGISTERED OFFICE:

Sterling House

Fulbourne Road

Walthamstow

London

E17 4EE

REGISTERED NUMBER:

06278986 (England and Wales)

ACCOUNTANTS:

Christiansons Ltd

Chartered Certified Accountants

Sterling House

Fulbourne Road

Walthamstow

London

E17 4EE

FIXED ASSETS

Tangible assets

4

421,967

422,163

CURRENT ASSETS

Debtors

5

3,010

5,573

Cash at bank

41,474

43,110

44,484

48,683

CREDITORS

Amounts falling due within one year

6

3,305

14,087

NET CURRENT ASSETS

41,179

34,596

TOTAL ASSETS LESS CURRENT LIABILITIES

463,146

456,759

CREDITORS

Amounts falling due after more than one year

7

318,720

318,720

NET ASSETS

144,426

138,039

CAPITAL AND RESERVES

Called up share capital

8

100

100

Retained earnings

9

144,326

137,939

SHAREHOLDERS' FUNDS

144,426

138,039

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 28 November 2025 and were signed by:

D Huddle - Director

1.	STATUTORY INFORMATION

Hud 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.	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.

Turnover

Turnover represents rents receivable in the period.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Land and buildings

-

not provided

Plant and machinery etc

-

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures,

Freehold

fittings

property

& equipment

Totals

£

£

£

COST

At 1 December 2023

and 30 November 2024

421,378

2,807

424,185

DEPRECIATION

At 1 December 2023

-

2,022

2,022

Charge for year

-

196

196

At 30 November 2024

-

2,218

2,218

NET BOOK VALUE

At 30 November 2024

421,378

589

421,967

At 30 November 2023

421,378

785

422,163

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.24

30.11.23

£

£

Other debtors

3,010

4,750

Tax

-

823

3,010

5,573

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.24

30.11.23

£

£

Corporation tax

1,661

-

Directors' current accounts

401

13,499

Accruals and deferred income

655

-

Accrued expenses

588

588

3,305

14,087

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.11.24

30.11.23

£

£

Bank loans

318,720

318,720

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Bank loans

318,720

318,720

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.11.24

30.11.23

value:

£

£

100

Ordinary

£1

100

100

9.

RESERVES

Retained

earnings

£

At 1 December 2023

137,939

Profit for the year

6,887

Dividends

(500

)

At 30 November 2024

144,326

10.	ULTIMATE CONTROLLING PARTY

The controlling party is D Huddle.