Huxby Limited - Accounts

Huxby Limited - Accounts

HUXBY LIMITED - Company Information

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Huxby Limited 07688035 trading in tools and construction material, compressors and thermal materials false 1 July 2019 07688035 2019-07-01 2020-06-30 07688035 2019-06-30 07688035 2020-06-30 07688035 2018-07-01 2019-06-30 07688035 2018-06-30 07688035 2019-06-30 07688035 frs102-bus:FRS102 2019-07-01 2020-06-30 07688035 frs102-bus:PrivateLimitedCompanyLtd 2019-07-01 2020-06-30 07688035 frs102-bus:FullAccounts 2019-07-01 2020-06-30 07688035 frs102-bus:AuditExempt-NoAccountantsReport 2019-07-01 2020-06-30 07688035 frs102-core:CurrentFinancialInstruments 2020-06-30 07688035 frs102-core:CurrentFinancialInstruments 2019-06-30 07688035 frs102-core:ShareCapital 2020-06-30 07688035 frs102-core:ShareCapital 2019-06-30 07688035 frs102-core:RetainedEarningsAccumulatedLosses 2020-06-30 07688035 frs102-core:RetainedEarningsAccumulatedLosses 2019-06-30 07688035 frs102-bus:Director1 2019-07-01 2020-06-30 07688035 frs102-bus:OrdinaryShareClass1 2020-06-30 07688035 frs102-bus:OrdinaryShareClass1 2019-06-30 07688035 frs102-bus:OrdinaryShareClass1 2019-07-01 2020-06-30 xbrli:pure iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares
Registered number
07688035
Huxby Limited
Unaudited Accounts
for the year ended
30 June 2020
Huxby Limited
Balance Sheet
as at 30 June 2020
Notes
 2020
£		 2019
£
Current assets
Debtors 2 135,878 1,447,801
Investments 363 363
Cash at bank and in hand 2,142,972 493,864
2,279,213 1,942,028
Creditors: amounts falling due within one year 3 (2,446,686) (2,129,056)
Net current assets / (liabilities) (167,473) (187,028)
Total assets less current liabilities (167,473) (187,028)
Accruals and deferred income (5,200) (5,200)
Total net assets (liabilities) (172,673) (192,228)
Capital and reserves
Called up share capital 4 100 100
Profit and loss account (172,773) (192,328)
Shareholders' funds (172,673) (192,228)

Huxby Limited
Balance Sheet
as at 30 June 2020



These accounts have been prepared and delivered in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

The directors have not delivered a copy of the company's Profit and Loss account as permitted by s444(5A) of the Companies Act 2006.

For the year ending 30 June 2020 the company was entitled to exemption 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.

Signed on behalf of the board of directors

...............................

Mr H Etwaree

Director


Approved by the board on 15 July 2020

Company Number: 07688035 (a Private Company Limited by Shares registered in England and Wales)

Registered Office:

Suite 319-3,
1 Royal Exchange Avenue
London
EC3V 3LT
England

Huxby Limited
Notes to the Accounts
for the year ended 30 June 2020

1. Accounting policies

Basis of preparation of financial statements
These financial statements have been prepared under the historic cost convention in accordance with the accounting policies set out below and with section 1A of FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Companies Act 2006. The presentation currency is sterling.
Going concern basis
The accounts have been prepared on the assumption that the company is able to carry on business as a going concern for the foreseeable future.
Revenue recognition
Revenue is measured at the fair value of the consideration received or receivable. Revenue is reduced for estimated customer returns, rebates and other similar allowances. Revenue from the sale of goods is recognised when goods are delivered and legal title has passed.
Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares that are measured at fair value. Derivative financial instruments are initially recorded at cost and thereafter at fair value. All changes in fair value are recognised in the profit or loss account in the period in which they occurred.
2. Debtors
2020 2019
£ £
Trade debtors 7,708 365,029
Other debtors 128,170 1,082,772
135,878 1,447,801

3. Creditors: amounts falling due within one year
2020 2019
£ £
Trade creditors 2,446,086 2,129,056
Other creditors 600 0
2,446,686 2,129,056

4. Share capital
2020 2019
£ £
Allotted, called up and fully paid:
100 (2019: 100) Ordinary shares of £1.00 each 100 100
100 100