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REGISTERED NUMBER: 11283814 (England and Wales)















FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2023

FOR

HUNGERHILL LEISURE LIMITED

HUNGERHILL LEISURE LIMITED (REGISTERED NUMBER: 11283814)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


HUNGERHILL LEISURE LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2023







DIRECTORS: Mr D Geoghegan
Mrs S Curtis





REGISTERED OFFICE: C/O Bicester Heritage
Buckingham Road
BICESTER
Oxfordshire
OX27 8AL





REGISTERED NUMBER: 11283814 (England and Wales)





AUDITORS: Bronsens
Statutory Auditor
Hillside
Albion Street
Chipping Norton
Oxfordshire
OX7 5BH

HUNGERHILL LEISURE LIMITED (REGISTERED NUMBER: 11283814)

BALANCE SHEET
31 MARCH 2023

31.3.23 31.3.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 149,313 149,313

CURRENT ASSETS
Work in progress 5 413,312 266,399
Debtors 6 38,163 13,442
Cash at bank 2,687 7,477
454,162 287,318
CREDITORS
Amounts falling due within one year 7 42,719 34,680
NET CURRENT ASSETS 411,443 252,638
TOTAL ASSETS LESS CURRENT
LIABILITIES

560,756

401,951

CREDITORS
Amounts falling due after more than one
year

8

633,665

463,046
NET LIABILITIES (72,909 ) (61,095 )

CAPITAL AND RESERVES
Called up share capital 10 1 1
Retained earnings 11 (72,910 ) (61,096 )
SHAREHOLDERS' FUNDS (72,909 ) (61,095 )

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 13 October 2023 and were signed on its behalf by:





Mr D Geoghegan - Director


HUNGERHILL LEISURE LIMITED (REGISTERED NUMBER: 11283814)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

1. STATUTORY INFORMATION

Hungerhill Leisure Limited 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

The financial statements have been prepared on a going concern basis on the understanding that the company has received assurances of support from its parent company.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Turnover represents income from fishing rights and is recognised as it falls due under the contractual arrangements of the agreement.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold land - not provided

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing work in progress to their present location and condition.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 balance sheet date.


HUNGERHILL LEISURE LIMITED (REGISTERED NUMBER: 11283814)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023

2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Freehold
land
£   
COST
At 1 April 2022
and 31 March 2023 149,313
NET BOOK VALUE
At 31 March 2023 149,313
At 31 March 2022 149,313

Included in cost of land and buildings is freehold land of £ 149,313 (2022 - £ 149,313 ) which is not depreciated.

5. WORK IN PROGRESS
31.3.23 31.3.22
£    £   
Work-in-progress 413,312 266,399

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Trade debtors 22,324 -
VAT 7,727 11,942
Deferred tax asset
Tax losses carried forward 6,612 -
Prepayments 1,500 1,500
38,163 13,442

HUNGERHILL LEISURE LIMITED (REGISTERED NUMBER: 11283814)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Trade creditors 34,719 33,420
Accrued expenses 8,000 1,260
42,719 34,680

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.23 31.3.22
£    £   
Amounts owed to group undertakings 633,665 463,046

9. DEFERRED TAX
£   
Deferred tax asset on losses (6,612 )
Balance at 31 March 2023 (6,612 )

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.23 31.3.22
value: £    £   
1 Ordinary £1 1 1

11. RESERVES
Retained
earnings
£   

At 1 April 2022 (61,096 )
Deficit for the year (11,814 )
At 31 March 2023 (72,910 )

12. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Philip Burton BSc FCA (Senior Statutory Auditor)
for and on behalf of Bronsens

13. ULTIMATE CONTROLLING PARTY

The controlling party is Bicester Motion Limited.

Bicester Motion Limited prepares consolidated financial statements for the group. The registered office is Bicester Heritage, Buckingham Road, Bicester, Oxfordshire, OX27 8AL.