Registered number
10338507
Hunt Developments Holdings Limited
Unaudited Filleted Accounts
30 April 2024
Hunt Developments Holdings Limited
Registered number: 10338507
Balance Sheet
as at 30 April 2024
Notes 2024 2023
£ £
Fixed assets
Investments 3 6,206,251 5,407,722
Net assets 6,206,251 5,407,722
Capital and reserves
Called up share capital 26 26
Merger reserve 4 2,282,327 2,282,327
Profit and loss account 3,923,898 3,125,369
Shareholders' funds 6,206,251 5,407,722
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
N A Hunt
Director
Approved by the board on 12 January 2025
Hunt Developments Holdings Limited
Notes to the Accounts
for the year ended 30 April 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention, as modified for the revaluation of investments, and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
These accounts present information about about Hunt Development Holdings Limited only and not about its group. Group accounts are not prepared as the company is part of a small group.
Investments
Investments in subsidiaries, associates and joint ventures are measured at fair value. Changes in fair value are included in the profit and loss account.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 2 2
3 Investments
Investments in Investments in
subsidiary subsidiary
undertaking undertaking
£ £
Fair value
At 1 May 2023 5,407,722 5,541,639
Revaluation 798,529 (133,917)
At 30 April 2024 6,206,251 5,407,722
The initially recognised fair value upon acquisition of the subsidiary was £2,282,353.
4 Merger reserve 2024 2023
£ £
At 1 May 2023 2,282,327 2,282,327
At 30 April 2024 2,282,327 2,282,327
5 Subsidiary undertaking
Name Country Capital and Profit
incorporated reserves for year
(100% owned) £ £
Hunt Developments Group Limited UK 6,206,251 798,529
The registered office of the subsidiary company is the same as the company (Note 6).
5 Other information
Hunt Developments Holdings Limited is a private company limited by shares and incorporated in England. Its registered office is:
19 Parkside Business Centre
Plumpton Road
Hoddesdon
England
EN11 0ES
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