Hurst Accountants Limited in Stockport, SK1 1TD

Description

Data updated on: 01-11-2023

Hurst Accountants Limited with the registration number 12035107 has been on the market for five years. This Private Limited Company is located at Lancashire Gate, 21 Tiviot Dale in Stockport and its post code is SK1 1TD. This company's registered with SIC code 69201, that means Accounting and auditing activities. The company's most recent accounts describe the period up to 2023-03-31 and the most current annual confirmation statement was released on 2023-06-04.

The details detailing this particular company's MDs shows there are six directors: Adrian Y., Narendra M., Simon B. and 3 other members of the Management Board who might be found within the Company Staff section of our website who were appointed to their positions on 2022-07-19, 2019-08-16 and 2019-06-05. In order to support the directors in their duties, this specific company has been utilizing the expertise of Narendra M. as a secretary for the last five years.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2020-03-31	2021-03-31	2022-03-31	2023-03-31
Currency

Balance Sheet
Cash Bank On Hand	59 692	489 303	1 110 084	200 306
Current Assets	1 687 984	2 402 732	3 976 752	3 015 624
Debtors	1 603 269	1 888 772	2 849 288	2 796 299
Net Assets Liabilities	2 968 402	3 448 396	3 578 178	3 282 203
Other Debtors			286 667	35 372
Property Plant Equipment	186 027	153 792	152 825	121 559
Total Inventories	25 023	24 657	17 380

Other Financial Data
Audit Fees Expenses	1 000	2 000	3 000	3 200
Accrued Liabilities Deferred Income	193 411	515 491	1 356 296	1 017 027
Accumulated Amortisation Impairment Intangible Assets	337 380	843 450	1 215 653	1 671 523
Accumulated Depreciation Impairment Property Plant Equipment	38 587	83 711	123 029	143 344
Acquired Through Business Combinations Intangible Assets	5 000 000
Acquired Through Business Combinations Property Plant Equipment	208 512
Additions Other Than Through Business Combinations Intangible Assets	60 700
Additions Other Than Through Business Combinations Property Plant Equipment	16 766	23 594	59 286	47 558
Administrative Expenses	1 315 653	1 791 273	2 100 966	2 230 658
Amortisation Expense Intangible Assets	337 380	506 070	480 970
Amortisation Impairment Expense Intangible Assets	337 380	506 070	480 970	455 870
Amounts Recoverable On Contracts	77 555	62 106	64 554	140 975
Average Number Employees During Period	74	76	84	92
Bank Borrowings	1 220 714	946 443	649 693	397 109
Bank Borrowings Overdrafts	943 116	679 649	405 939	138 394
Cash Cash Equivalents Cash Flow Value	59 692	489 303	1 110 084	200 306
Cash Flows From Disposal Or Reduction In Control Over Subsidiaries Or Other Businesses	610 000
Corporation Tax Payable	175 476	239 137	235 965	207 470
Cost Sales	2 159 382	3 486 046	4 835 328	4 616 913
Creditors	2 158 876	1 636 257	884 243	327 554
Current Tax For Period	175 476	239 137	235 965	207 470
Deferred Tax Asset Debtors			95 533
Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences	1 494	2 118	-108 934	108 390
Depreciation Expense Property Plant Equipment	38 672	55 815	60 253
Depreciation Impairment Expense Property Plant Equipment	38 672	55 815	60 253	66 821
Dividend Income From Group Undertakings				609 000
Dividends Paid		100 000	500 000	1 027 000
Dividends Paid Classified As Financing Activities		-100 000	-500 000	-1 027 000
Dividends Paid On Shares Final		100 000	500 000	1 027 000
Fixed Assets	5 519 347	4 981 042	4 105 872	3 009 736
Further Item Cash Flow From Used In Financing Activities Component Net Cash Flows From Used In Financing Activities	-1 220 714	274 271	296 750	252 584
Further Item Creditors Component Total Creditors	1 215 760	956 608	478 304	189 160
Further Item Operating Income Gain Income Statement Item Component Operating Profit Loss	-3 765 760
Further Item Tax Increase Decrease Component Adjusting Items	115	2 118	-9 067	108 390
Future Minimum Lease Payments Under Non-cancellable Operating Leases	90 000	270 000	180 000	90 000
Gain Loss In Cash Flows From Change In Creditors Trade Other Payables	-1 932 509	93 565	-871 108	884 067
Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables	398 080	285 503	864 983	42 544
Gain Loss In Cash Flows From Change In Inventories	25 023	-366	-7 277	1 639
Gain Loss On Disposals Property Plant Equipment	-579	-14
Government Grant Income		86 637	12 500
Gross Profit Loss	1 958 316	2 561 226	2 018 137
Income Taxes Paid Refund Classified As Operating Activities	-161 188	-176 970	-224 694
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation	-59 692	-429 611	-620 781	909 778
Increase Decrease In Current Tax From Adjustment For Prior Periods			-3 160
Increase From Amortisation Charge For Year Intangible Assets	337 380	506 070	480 970	455 870
Increase From Depreciation Charge For Year Property Plant Equipment	38 672	55 815	60 253	66 821
Intangible Assets	4 723 320	4 217 250	3 343 047	2 887 177
Intangible Assets Gross Cost	5 060 700	5 060 700	4 558 700
Interest Expense On Bank Overdrafts Bank Loans Similar Borrowings	3 179	35 341	26 282
Interest Payable Similar Charges Finance Costs	31 531	35 341	26 282	36 669
Investments Fixed Assets	610 000	610 000	610 000	1 000
Investments In Subsidiaries	610 000	610 000	610 000	1 000
Issue Equity Instruments	1 300 000
Loans From Group Undertakings	610 000	610 000	610 000	1 000
Loans From Group Undertakings Participating Interests	610 000
Net Assets Liabilities Subsidiaries		610 000	610 000	1 000
Net Cash Flows From Used In Financing Activities	-227 954	374 271	796 750	1 279 584
Net Cash Flows From Used In Investing Activities	-3 062 527	23 594	-1 174 048	47 558
Net Cash Flows From Used In Operating Activities	3 230 789	-827 476	-243 483	-417 364
Net Cash Generated From Operations	3 038 070	-1 039 787	-494 459	-689 998
Net Current Assets Liabilities	-390 575	105 729	356 549	612 878
Net Finance Income Costs				609 000
Net Interest Paid Received Classified As Operating Activities	-31 531	-35 341	-26 282	-36 669
Operating Profit Loss	1 876 903	856 590	-60 166
Other Creditors	315 323	130 895	559 318	297 034
Other Disposals Decrease In Amortisation Impairment Intangible Assets			108 767
Other Disposals Decrease In Depreciation Impairment Property Plant Equipment	85	10 691	20 935	46 506
Other Disposals Intangible Assets			502 000
Other Disposals Property Plant Equipment	664	10 705	20 935	58 509
Other Interest Expense	28 352	35 144		20 000
Other Interest Receivable Similar Income Finance Income				609 000
Other Operating Income Format1	5 000 000	86 637	22 663	30 000
Other Remaining Borrowings	610 000	610 000	610 000	1 000
Other Taxation Social Security Payable	422 649	487 354	514 890	565 386
Pension Other Post-employment Benefit Costs Other Pension Costs	85 515	69 668	78 268	87 836
Percentage Class Share Held In Subsidiary	100	100	100
Prepayments Accrued Income	156 498	259 557	475 888	605 506
Proceeds From Issuing Shares	1 234 240
Profit Loss	1 668 402	579 994	629 782	731 025
Profit Loss On Ordinary Activities Before Tax	1 845 372	821 249	753 653	1 046 885
Property Plant Equipment Gross Cost	224 614	237 503	275 854	264 903
Provisions For Liabilities Balance Sheet Subtotal	1 494
Purchase Intangible Assets	-60 700
Purchase Property Plant Equipment	-16 773	-23 594	-59 286	-47 558
Repayments Borrowings Classified As Financing Activities	241 480
Social Security Costs	43 383	312 792	486 136
Staff Costs Employee Benefits Expense	2 419 128	3 893 488	5 274 679	5 078 519
Taxation Including Deferred Taxation Balance Sheet Subtotal	1 494	2 118		12 857
Tax Decrease Increase From Effect Revenue Exempt From Taxation	966 616		76 923
Tax Expense Credit Applicable Tax Rate	350 621	156 037	143 194	198 908
Tax Increase Decrease From Effect Capital Allowances Depreciation		175	-8 836	-958
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss	787 936	98 595	187 597	9 520
Tax Tax Credit On Profit Or Loss On Ordinary Activities	176 970	241 255	123 871	315 860
Total Assets Less Current Liabilities	5 128 772	5 086 771	4 462 421	3 622 614
Total Borrowings	1 830 714	1 556 443	1 259 693	398 109
Total Current Tax Expense Credit		239 137	232 805	207 470
Total Operating Lease Payments	90 000	90 000	90 000
Trade Creditors Trade Payables	84 102	47 332	99 980	56 114
Trade Debtors Trade Receivables	1 369 216	1 567 109	1 926 646	2 014 446
Turnover Revenue	4 117 698	6 047 272	6 853 465
Wages Salaries	2 290 230	3 476 028	4 710 275	4 448 763
Work In Progress	25 023	24 657	17 380
Director Remuneration	366 158	547 638	1 266 363	671 138

Latest update: 5 February 2024

People with significant control

Narendra M.

Notified on 5 June 2019

Ceased on 16 August 2019

Nature of control:

over 3/4 of shares

3/4 to full of voting rights

right to manage directors

Accounts Documents

Account next due date	31 December 2024
Account last made up date	31 March 2023
Confirmation statement next due date	18 June 2024
Confirmation statement last made up date	04 June 2023

Annual Accounts
Start Date For Period Covered By Report	2019-06-05
End Date For Period Covered By Report	2020-03-31
Annual Accounts
Start Date For Period Covered By Report	2020-04-01
End Date For Period Covered By Report	2021-03-31
Annual Accounts
Start Date For Period Covered By Report	2021-04-01
End Date For Period Covered By Report	2022-03-31
Annual Accounts
Start Date For Period Covered By Report	2022-04-01
End Date For Period Covered By Report	2023-03-31

Hurst Accountants Limited

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

Adrian Y.

Narendra M.

Simon B.

Michael J.

Helen R.

Timothy P.

Narendra M.

Rachel M.

People with significant control

Narendra M.

Accounts Documents

Company filings

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