Company Registration No. 10191817 (England and Wales)
Hubspoke Marketing Ltd
Unaudited accounts
for the year ended 31 May 2020
Hubspoke Marketing Ltd
Unaudited accounts
Contents
Hubspoke Marketing Ltd
Company Information
for the year ended 31 May 2020
Director
Adam James Walker
Company Number
10191817 (England and Wales)
Registered Office
Business Central
2 Union Square
Darlington
County Durham
DL1 1GL
Accountants
Caroline Hinde Accountancy
Business Central
2 Union Square
Darlington
County Durham
DL1 1GL
Hubspoke Marketing Ltd
Statement of financial position
as at 31 May 2020
Tangible assets
11,794
6,406
Cash at bank and in hand
14,412
1,506
Creditors: amounts falling due within one year
(13,711)
(6,583)
Net current assets/(liabilities)
3,860
(3,163)
Total assets less current liabilities
15,654
3,243
Creditors: amounts falling due after more than one year
(1,963)
(1,197)
Provisions for liabilities
Deferred tax
(2,241)
(1,217)
Called up share capital
100
100
Profit and loss account
11,350
729
Shareholders' funds
11,450
829
For the year ending 31 May 2020 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 28 July 2020 and were signed on its behalf by
Adam James Walker
Director
Company Registration No. 10191817
Hubspoke Marketing Ltd
Notes to the Accounts
for the year ended 31 May 2020
Hubspoke Marketing Ltd is a private company, limited by shares, registered in England and Wales, registration number 10191817. The registered office is Business Central, 2 Union Square, Darlington, County Durham, DL1 1GL.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
33% Straight Line
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
The Director considers it appropriate to prepare the accounts on a going concern basis.
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
Hubspoke Marketing Ltd
Notes to the Accounts
for the year ended 31 May 2020
4
Tangible fixed assets
Computer equipment
Accrued income and prepayments
432
109
6
Creditors: amounts falling due within one year
2020
2019
Taxes and social security
5,028
2,412
Loans from directors
8,158
4,171
7
Creditors: amounts falling due after more than one year
2020
2019
Deferred income
1,963
1,197
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
The sum of £8,158 is owed to the Director. This amount is interest free and repayable on demand.
Hubspoke Marketing Ltd
Notes to the Accounts
for the year ended 31 May 2020
10
Average number of employees
During the year the average number of employees was 1 (2019: 0).
