Hunters Meet Limited 04888486 false 2023-01-01 2023-12-31 2023-12-31 The principal activity of the company is Hotel, Restaurant and Leisure Facilities Digita Accounts Production Advanced 6.30.9574.0 true true 04888486 2023-01-01 2023-12-31 04888486 2023-12-31 04888486 bus:OrdinaryShareClass1 2023-12-31 04888486 bus:OrdinaryShareClass2 2023-12-31 04888486 core:RetainedEarningsAccumulatedLosses 2023-12-31 04888486 core:ShareCapital 2023-12-31 04888486 core:CurrentFinancialInstruments 2023-12-31 04888486 core:CurrentFinancialInstruments core:WithinOneYear 2023-12-31 04888486 core:Non-currentFinancialInstruments 2023-12-31 04888486 core:Non-currentFinancialInstruments core:AfterOneYear 2023-12-31 04888486 core:Goodwill 2023-12-31 04888486 core:FurnitureFittingsToolsEquipment 2023-12-31 04888486 core:MotorVehicles 2023-12-31 04888486 core:OtherPropertyPlantEquipment 2023-12-31 04888486 bus:SmallEntities 2023-01-01 2023-12-31 04888486 bus:AuditExemptWithAccountantsReport 2023-01-01 2023-12-31 04888486 bus:FullAccounts 2023-01-01 2023-12-31 04888486 bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 04888486 bus:RegisteredOffice 2023-01-01 2023-12-31 04888486 bus:CompanySecretary1 2023-01-01 2023-12-31 04888486 bus:Director2 2023-01-01 2023-12-31 04888486 bus:OrdinaryShareClass1 2023-01-01 2023-12-31 04888486 bus:OrdinaryShareClass2 2023-01-01 2023-12-31 04888486 bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 04888486 bus:Agent1 2023-01-01 2023-12-31 04888486 core:RetainedEarningsAccumulatedLosses 2023-01-01 2023-12-31 04888486 core:ShareCapital 2023-01-01 2023-12-31 04888486 core:Goodwill 2023-01-01 2023-12-31 04888486 core:ComputerEquipment 2023-01-01 2023-12-31 04888486 core:FurnitureFittings 2023-01-01 2023-12-31 04888486 core:FurnitureFittingsToolsEquipment 2023-01-01 2023-12-31 04888486 core:MotorVehicles 2023-01-01 2023-12-31 04888486 core:OtherPropertyPlantEquipment 2023-01-01 2023-12-31 04888486 core:PlantMachinery 2023-01-01 2023-12-31 04888486 countries:AllCountries 2023-01-01 2023-12-31 04888486 2022-12-31 04888486 core:RetainedEarningsAccumulatedLosses 2022-12-31 04888486 core:ShareCapital 2022-12-31 04888486 core:Goodwill 2022-12-31 04888486 core:FurnitureFittingsToolsEquipment 2022-12-31 04888486 core:MotorVehicles 2022-12-31 04888486 core:OtherPropertyPlantEquipment 2022-12-31 04888486 2022-01-01 2022-12-31 04888486 2022-12-31 04888486 bus:OrdinaryShareClass1 2022-12-31 04888486 bus:OrdinaryShareClass2 2022-12-31 04888486 core:CurrentFinancialInstruments 2022-12-31 04888486 core:CurrentFinancialInstruments core:WithinOneYear 2022-12-31 04888486 core:Non-currentFinancialInstruments 2022-12-31 04888486 core:Non-currentFinancialInstruments core:AfterOneYear 2022-12-31 04888486 core:Goodwill 2022-12-31 04888486 core:FurnitureFittingsToolsEquipment 2022-12-31 04888486 core:MotorVehicles 2022-12-31 04888486 core:OtherPropertyPlantEquipment 2022-12-31 04888486 core:RetainedEarningsAccumulatedLosses 2022-01-01 2022-12-31 04888486 core:ShareCapital 2022-01-01 2022-12-31 04888486 2021-12-31 04888486 core:RetainedEarningsAccumulatedLosses 2021-12-31 04888486 core:ShareCapital 2021-12-31 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 04888486

Hunters Meet Limited

Annual Report and Unaudited Financial Statements

for the Year Ended 31 December 2023

 

Hunters Meet Limited

Contents

Company Information

1

Director's Report

2

Accountants' Report

3

Statement of Comprehensive Income

4

Balance Sheet

5

Statement of Changes in Equity

6

Notes to the Unaudited Financial Statements

7 to 15

 

Hunters Meet Limited

Company Information

Directors

Mrs Leslie Carrig

Company secretary

Mr Brendan Carrig

Registered office

204C High Street
Ongar
Essex
CM5 9JJ

Accountants

Watson & Co
204C High Street
Ongar
Essex
CM5 9JJ

 

Hunters Meet Limited

Director's Report for the Year Ended 31 December 2023

The director presents her report and the financial statements for the year ended 31 December 2023.

Director of the company

The director who held office during the year was as follows:

Mrs Leslie Carrig

Principal activity

The principal activity of the company is Hotel, Restaurant and Leisure Facilities

Small companies provision statement

This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the director on 30 August 2024
 

.........................................
Mr Brendan Carrig
Company secretary

 

Accountants' Report to the Director on the Preparation of the Unaudited Statutory Accounts of
Hunters Meet Limited
for the Year Ended 31 December 2023

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Hunters Meet Limited for the year ended 31 December 2023 as set out on pages 4 to 15 from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Certified Public Accountants Association, we are subject to its ethical and other professional requirements.

This report is made solely to the Board of Directors of Hunters Meet Limited, as a body. Our work has been undertaken solely to prepare for your approval the accounts of Hunters Meet Limited and state those matters that we have agreed to state to the Board of Directors of Hunters Meet Limited, as a body, in this report in accordance with the Certified Public Accountants Association. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Hunters Meet Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Hunters Meet Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Hunters Meet Limited. You consider that Hunters Meet Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of Hunters Meet Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

......................................

Watson & Co
204C High Street
Ongar
Essex
CM5 9JJ

30 August 2024

 

Hunters Meet Limited

Statement of Comprehensive Income for the Year Ended 31 December 2023

2023
£

2022
£

Profit for the year

66,320

65,088

Total comprehensive income for the year

66,320

65,088

 

Hunters Meet Limited

(Registration number: 04888486)
Balance Sheet as at 31 December 2023

Note

2023
£

2022
£

Fixed assets

 

Intangible assets

5

602,169

602,169

Tangible assets

6

31,547

35,716

 

633,716

637,885

Current assets

 

Stocks

7

12,908

12,195

Debtors

8

1,472

472

Cash at bank and in hand

 

101,437

130,471

 

115,817

143,138

Creditors: Amounts falling due within one year

9

(187,966)

(136,731)

Net current (liabilities)/assets

 

(72,149)

6,407

Total assets less current liabilities

 

561,567

644,292

Creditors: Amounts falling due after more than one year

9

93,794

(55,251)

Net assets

 

655,361

589,041

Capital and reserves

 

Called up share capital

10

150,002

150,002

Retained earnings

505,359

439,039

Shareholders' funds

 

655,361

589,041

For the financial year ending 31 December 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the director on 30 August 2024
 

.........................................
Mrs Leslie Carrig
Director

 

Hunters Meet Limited

Statement of Changes in Equity for the Year Ended 31 December 2023

Share capital
£

Retained earnings
£

Total
£

At 1 January 2023

150,002

439,039

589,041

Profit for the year

-

66,320

66,320

At 31 December 2023

150,002

505,359

655,361

Share capital
£

Retained earnings
£

Total
£

At 1 January 2022

150,002

373,951

523,953

Profit for the year

-

65,088

65,088

At 31 December 2022

150,002

439,039

589,041

 

Hunters Meet Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2023

1

General information

The company is a private company limited by share capital, incorporated in England & Wales.

The address of its registered office is:
204C High Street
Ongar
Essex
CM5 9JJ

The principal place of business is:
Chelmsford Road
Hatfield Heath
Bishops Stortford
Herts
CM22 7BQ
England

These financial statements were authorised for issue by the director on 30 August 2024.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

 

Hunters Meet Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2023

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Motor Vehicles

25% Reducing Balance Basis

Plant & Machinery

25% Reducing Balance Basis

Fixtures & Fittings

25% Reducing Balance Basis

Computer Equipment

25% Reducing Balance Basis

Goodwill

Goodwill arising on the acquisition of an entity represents the excess of the cost of acquisition over the company’s interest in the net fair value of the identifiable assets, liabilities and contingent liabilities of the entity recognised at the date of acquisition. Goodwill is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is held in the currency of the acquired entity and revalued to the closing rate at each reporting period date. Goodwill is amortised over its useful life, which shall not exceed ten years if a reliable estimate of the useful life cannot be made.

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class

Amortisation method and rate

Goodwill

Zero

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

 

Hunters Meet Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2023

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

 

Hunters Meet Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2023

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 19 (2022 - 15).

4

Profit before tax

Arrived at after charging/(crediting)

2023
£

2022
£

Depreciation expense

8,930

11,905

 

Hunters Meet Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2023

5

Intangible assets

Goodwill
 £

Total
£

Cost or valuation

At 1 January 2023

602,169

602,169

At 31 December 2023

602,169

602,169

Amortisation

Carrying amount

At 31 December 2023

602,169

602,169

At 31 December 2022

602,169

602,169

6

Tangible assets

Furniture, fittings and equipment
 £

Motor vehicles
 £

Other tangible assets
£

Total
£

Cost or valuation

At 1 January 2023

88,908

54,641

20,091

163,640

Additions

4,761

-

-

4,761

At 31 December 2023

93,669

54,641

20,091

168,401

Depreciation

At 1 January 2023

81,348

32,128

14,448

127,924

Charge for the year

1,890

5,629

1,411

8,930

At 31 December 2023

83,238

37,757

15,859

136,854

Carrying amount

At 31 December 2023

10,431

16,884

4,232

31,547

At 31 December 2022

7,560

22,513

5,643

35,716

7

Stocks

2023
£

2022
£

Other inventories

12,908

12,195

 

Hunters Meet Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2023

8

Debtors

Current

2023
£

2022
£

Other debtors

1,472

472

 

1,472

472

 

Hunters Meet Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2023

9

Creditors

Creditors: amounts falling due within one year

Note

2023
£

2022
£

Due within one year

 

Loans and borrowings

11

66,629

-

Trade creditors

 

34,162

48,055

Taxation and social security

 

73,508

70,828

Accruals and deferred income

 

3,500

3,500

Other creditors

 

10,167

14,348

 

187,966

136,731

Creditors: amounts falling due after more than one year

Note

2023
£

2022
£

Due after one year

 

Loans and borrowings

11

(93,794)

55,251

10

Share capital

Allotted, called up and fully paid shares

2023

2022

No.

£

No.

£

Ordinary Shares of £1 each

2

2

2

2

Ordinary Shares of £1 each

150,000

150,000

150,000

150,000

150,002

150,002

150,002

150,002

11

Loans and borrowings

Non-current loans and borrowings

2023
£

2022
£

Other borrowings

(93,794)

55,251

Current loans and borrowings

2023
£

2022
£

Other borrowings

66,629

-

 

Hunters Meet Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2023

12

Related party transactions

 

Hunters Meet Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2023

Director's remuneration

The director's remuneration for the year was as follows:

2023
£

2022
£

Remuneration

25,128

25,128