Page 23 - Annual Report 2022 / 2023

hub South West Scotland Limited Company
The following information is extracted from
the Annual Report and Consolidated Financial Statements for the year ended 31 December 2022 and relates to hub South West Limited Company only. The Company set of figures have been added for increased visibility at hub South West Limited Company level and to better present the Company’s position to its shareholders.
Profit & Loss Account
Turnover
Cost of Sales
Gross Profit
Admin Expense
Net Interest Receivable/(Payable)
Profit before Tax
Taxation
Profit for the Year
Other Comprehensive Income for the Year Cash Flow Hedge
Total Comprehensive Income for the Year Balance Sheet
Total Assets
Current Liabilities
Total Assets less Current Liabilities
Long Term Liabilities
Net Assets/(Liabilities)
The Company (Hub South West Scotland Limited) generated a profit of £535 (2021: £129k, 2020: £133k, 2019: £31k, 2018: Loss £204k, 2017: Loss £98k).
The Directors recommend that no dividend is declared.
The Directors are satisfied with the financial position and outlook for the Company.
2022
hub South West Scotland Limited Company
130,598,080
(130,031,508)
566,572
(556,515)
-
10,057
(9,522)
535 -
535
22,306,868
(20,070,859)
2,236,010
(2,041,490)
194,520
2021
hub South West Scotland Limited Company
103,462,843
(102,900,381)
562,462
(427,191)
-
135,271
(5,788)
129,483 -
129,483
17,225,294
(15,596,914)
1,628,380
(1,434,395)
193,985
2022-2023 Annual Report
21