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REGISTERED NUMBER: 06675798 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2024

for

Hungerford Management Limited

Hungerford Management Limited (Registered number: 06675798)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Balance Sheet 1

Notes to the Financial Statements 3


Hungerford Management Limited (Registered number: 06675798)

Balance Sheet
31 March 2024

2024 2023
Notes £    £   
Current assets
Debtors 4 2,410,013 2,475,640
Cash at bank 66,309 62,158
2,476,322 2,537,798
Creditors
Amounts falling due within one year 5 2,241,498 2,247,439
Net current assets 234,824 290,359
Total assets less current liabilities 234,824 290,359

Capital and reserves
Called up share capital 2,000 2,000
Retained earnings 232,824 288,359
Shareholders' funds 234,824 290,359

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

Hungerford Management Limited (Registered number: 06675798)

Balance Sheet - continued
31 March 2024


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 2 December 2024 and were signed on its behalf by:





R J Grievson - Director


Hungerford Management Limited (Registered number: 06675798)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. Statutory information

Hungerford Management Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 06675798

Registered office: Totterdown House
Inkpen
Hungerford
Berkshire
RG17 9EA

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.

Turnover
Turnover represents the value, net of value added tax, of properties sold and work carried out in respect of services provided to clients.

3. Employees and directors

The average number of employees during the year was 4 (2023 - 5 ) .

4. Debtors: amounts falling due within one year
2024 2023
£    £   
Amounts owed by associates 2,400,794 2,465,958
Other debtors 9,219 9,682
2,410,013 2,475,640

5. Creditors: amounts falling due within one year
2024 2023
£    £   
Amounts owed to associates 42,006 22,000
Corporation tax - 1,218
VAT 1,709 31,314
Other creditors 2,197,783 2,192,907
2,241,498 2,247,439

Hungerford Management Limited (Registered number: 06675798)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

6. Related party disclosures

Southern Residential LP

A business in which the directors have an interest


During the period management fees of £285,411 (2023 - £332,385) were charged to the related party.

Southern Management Limited

A company in which 4 of the directors have an interest


During the period, costs of £- (2023 - £75,000) were recharged by the related party. At the balance sheet date there was an amount of £2,349,746 (2023 - £2,333,910) due from the related party, with accrued costs payable to the related party of £2,177,156 (2023 - £2,177,156).

Hungerford Investments LLP

An LLP in which 4 of the directors are designated members


2024 2023
£    £   
Amount due from related party at the balance sheet date 51,048 132,048

The Creeship Partnership

A business in which 3 of the directors are partners


2024 2023
£    £   
Amount due to related party at the balance sheet date 42,006 22,000

7. Ultimate controlling party

The directors, who are also shareholders of the company, are together the ultimate controlling party.