REGISTERED NUMBER: |
HUNTS OF REDDITCH LIMITED |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31 MARCH 2024 |
REGISTERED NUMBER: |
HUNTS OF REDDITCH LIMITED |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31 MARCH 2024 |
HUNTS OF REDDITCH LIMITED (REGISTERED NUMBER: 00679568) |
CONTENTS OF THE FINANCIAL STATEMENTS |
For The Year Ended 31 MARCH 2024 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 4 |
HUNTS OF REDDITCH LIMITED |
COMPANY INFORMATION |
For The Year Ended 31 MARCH 2024 |
DIRECTOR: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Certified Accountants |
and Statutory Auditors |
8 Church Green East |
Redditch |
Worcestershire |
B98 8BP |
HUNTS OF REDDITCH LIMITED (REGISTERED NUMBER: 00679568) |
BALANCE SHEET |
31 MARCH 2024 |
31.3.24 | 31.3.23 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
CURRENT ASSETS |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 5 |
NET CURRENT LIABILITIES | ( |
) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
PROVISIONS FOR LIABILITIES |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital |
Revaluation reserve | 6 |
Capital redemption reserve |
Retained earnings |
SHAREHOLDERS' FUNDS |
HUNTS OF REDDITCH LIMITED (REGISTERED NUMBER: 00679568) |
BALANCE SHEET - continued |
31 MARCH 2024 |
The director acknowledges his 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. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements were approved by the director and authorised for issue on |
HUNTS OF REDDITCH LIMITED (REGISTERED NUMBER: 00679568) |
NOTES TO THE FINANCIAL STATEMENTS |
For The Year Ended 31 MARCH 2024 |
1. | STATUTORY INFORMATION |
Hunts of Redditch Limited is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
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 |
Freehold prop | - |
Plant and machinery | - |
Motor vehicles | - |
Computer equipment | - |
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. |
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. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was |
HUNTS OF REDDITCH LIMITED (REGISTERED NUMBER: 00679568) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
For The Year Ended 31 MARCH 2024 |
4. | TANGIBLE FIXED ASSETS |
Freehold | Plant and | Motor | Computer |
prop | machinery | vehicles | equipment | Totals |
£ | £ | £ | £ | £ |
COST OR VALUATION |
At 1 April 2023 |
and 31 March 2024 |
DEPRECIATION |
At 1 April 2023 |
Charge for year |
At 31 March 2024 |
NET BOOK VALUE |
At 31 March 2024 |
At 31 March 2023 |
Cost or valuation at 31 March 2024 is represented by: |
Freehold | Plant and | Motor | Computer |
prop | machinery | vehicles | equipment | Totals |
£ | £ | £ | £ | £ |
Valuation in 2008 | 563,618 | - | - | - | 563,618 |
Valuation in 2013 | (186,085 | ) | - | - | - | (186,085 | ) |
Valuation in 2014 | 77,437 | - | - | - | 77,437 |
Valuation in 2018 | 340,651 | - | - | - | 340,651 |
Cost | 256,622 | 49,467 | 45,568 | 267 | 351,924 |
1,052,243 | 49,467 | 45,568 | 267 | 1,147,545 |
If freehold land and buildings had not been revalued they would have been included at the following historical cost: |
31.3.24 | 31.3.23 |
£ | £ |
Cost | 256,622 | 256,622 |
Aggregate depreciation | 236,681 | 236,681 |
Value of land in freehold land and buildings | 30,097 | 30,097 |
Freehold land and buildings were valued on an open market basis on 7 June 2017 by John Truslove Chartered Surveyors . |
5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.3.24 | 31.3.23 |
£ | £ |
Taxation and social security |
Other creditors |
HUNTS OF REDDITCH LIMITED (REGISTERED NUMBER: 00679568) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
For The Year Ended 31 MARCH 2024 |
6. | RESERVES |
Revaluation |
reserve |
£ |
At 1 April 2023 |
Surplus on revaluation of freehold property | (15,913 | ) |
At 31 March 2024 |
7. | ULTIMATE CONTROLLING PARTY |
The ultimate controlling party is |