A5 Hub Ltd - Accounts to registrar (filleted) - small 23.2.5

REGISTERED NUMBER: 13558132 (England and Wales)

A5 HUB LTD

FINANCIAL STATEMENTS

FOR THE PERIOD

1 SEPTEMBER 2022 TO 31 MARCH 2023

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTOR:

Miss V Moreton

REGISTERED OFFICE:

Unit A5 Severn Road

Treforest Industrial Estate

Pontypridd

CF37 5SP

REGISTERED NUMBER:

13558132 (England and Wales)

ACCOUNTANTS:

Carston Chartered Accountants

Tudor House

16 Cathedral Road

Cardiff

CF11 9LJ

FIXED ASSETS

Tangible assets

4

115,519

-

Investment property

5

764,044

-

879,563

-

CURRENT ASSETS

Debtors

6

17,257

1

Cash at bank

5,195

-

22,452

1

CREDITORS

Amounts falling due within one year

7

426,740

-

NET CURRENT (LIABILITIES)/ASSETS

(404,288

)

1

TOTAL ASSETS LESS CURRENT LIABILITIES

475,275

1

CREDITORS

Amounts falling due after more than one year

8

468,062

-

NET ASSETS

7,213

1

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

7,212

-

7,213

1

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 19 December 2023 and were signed by:

Miss V Moreton - Director

1.	STATUTORY INFORMATION

A5 Hub 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 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.

Leasehold improvements

-

over the duration of the lease

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation

Taxation for the period 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 statement of financial position date.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 1 (2022 - NIL ) .

4.	TANGIBLE FIXED ASSETS

Leasehold

improvements

£

COST

Additions

128,354

At 31 March 2023

128,354

DEPRECIATION

Charge for period

12,835

At 31 March 2023

12,835

NET BOOK VALUE

At 31 March 2023

115,519

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

Additions

764,044

At 31 March 2023

764,044

NET BOOK VALUE

At 31 March 2023

764,044

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2023

2022

£

£

Other debtors

17,257

1

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2023

2022

£

£

Taxation and social security

4,703

-

Other creditors

422,037

-

426,740

-

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2023

2022

£

£

Bank loans

468,062

-