Caseware UK (AP4) 2023.0.135 2023.0.135 2024-04-302024-04-302023-05-01The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.falsefalseNo description of principal activity11falsetrue 03976392 2023-05-01 2024-04-30 03976392 2022-05-01 2023-04-30 03976392 2024-04-30 03976392 2023-04-30 03976392 c:Director1 2023-05-01 2024-04-30 03976392 d:Buildings 2023-05-01 2024-04-30 03976392 d:Buildings 2024-04-30 03976392 d:Buildings 2023-04-30 03976392 d:Buildings d:LongLeaseholdAssets 2023-05-01 2024-04-30 03976392 d:CurrentFinancialInstruments 2024-04-30 03976392 d:CurrentFinancialInstruments 2023-04-30 03976392 c:FRS102 2023-05-01 2024-04-30 03976392 c:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 03976392 c:FullAccounts 2023-05-01 2024-04-30 03976392 c:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 03976392 e:PoundSterling 2023-05-01 2024-04-30 iso4217:GBP xbrli:pure

Registered number: 03976392









HUNTKEY LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 APRIL 2024

 
HUNTKEY LIMITED
REGISTERED NUMBER: 03976392

STATEMENT OF FINANCIAL POSITION
AS AT 30 APRIL 2024

2024
2023
£
£


Fixed assets
304,299
304,299

Current assets
13,288
24,983

Creditors: amounts falling due within one year
(18,795)
(28,153)

Net current liabilities
 
 
(5,507)
 
 
(3,170)

Total assets less current liabilities
298,792
301,129


Net assets
298,792
301,129



Capital and reserves
298,792
301,129


Page 1

 
HUNTKEY LIMITED
REGISTERED NUMBER: 03976392
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 30 APRIL 2024

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 29 January 2025.




Mr T Moriarty
Director

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 
HUNTKEY LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

1.


General information

Huntkey Limited is a private company limited by shares and incorporated in England and Wales (registered number: 03976392). The registered office is 101 New Cavendish Street, 1st Floor South, London, United Kingdome, W1W 6XH. 

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.3

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.4

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

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 income.


Page 3

 
HUNTKEY LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

2.Accounting policies (continued)

 
2.5

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Freehold property
-
Long-term leasehold property
-
2%
on Cost

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.6

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.7

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.8

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.9

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

Page 4

 
HUNTKEY LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

3.


Employees




The average monthly number of employees, including directors, during the year was 1 (2023 - 1).


4.


Tangible fixed assets





Freehold property

£



Cost or valuation


At 1 May 2023
304,299



At 30 April 2024

304,299






Net book value



At 30 April 2024
304,299



At 30 April 2023
304,299

Page 5

 
HUNTKEY LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

5.


Debtors

2024
2023
£
£


Other debtors
13,287
24,981

13,287
24,981



6.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
1
1

1
1



7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
1,200
-

Corporation tax
16,155
25,753

Accruals and deferred income
1,440
2,400

18,795
28,153



8.


Director's transactions

Opening balance
Amounts advanced
Closing balance
        £
        £
        £

Director's Loans

24,981

(10,494)

14,487
 

24,981

(10,494)

14,487
 

 
Page 6