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REGISTERED NUMBER: 04225454 (England and Wales)








Unaudited Financial Statements

for the Period

29 November 2022 to 26 November 2023

for

Huntingdon Properties Limited

Huntingdon Properties Limited (Registered number: 04225454)






Contents of the Financial Statements
for the Period 29 November 2022 to 26 November 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Huntingdon Properties Limited

Company Information
for the Period 29 November 2022 to 26 November 2023







DIRECTORS: T Khamba
W Khamba





REGISTERED OFFICE: 31 Llanberis Grove
Nottingham
NG8 5DP





REGISTERED NUMBER: 04225454 (England and Wales)





ACCOUNTANTS: Haines Watts
Cliffe Hill House
22-26 Nottingham Road
Stapleford
Nottingham
NG9 8AA

Huntingdon Properties Limited (Registered number: 04225454)

Balance Sheet
26 November 2023

26.11.23 28.11.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,000 3,000
Investments 5 - 30
Investment property 6 5,703,647 5,703,647
5,705,647 5,706,677

CURRENT ASSETS
Debtors 7 13,844,813 13,912,467
Cash at bank and in hand 1,261 131,463
13,846,074 14,043,930
CREDITORS
Amounts falling due within one year 8 1,663,950 2,599,632
NET CURRENT ASSETS 12,182,124 11,444,298
TOTAL ASSETS LESS CURRENT
LIABILITIES

17,887,771

17,150,975

CREDITORS
Amounts falling due after more than one
year

9

(13,826,697

)

(13,215,945

)

PROVISIONS FOR LIABILITIES (875,981 ) (875,981 )
NET ASSETS 3,185,093 3,059,049

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings 3,184,093 3,058,049
3,185,093 3,059,049

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 26 November 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 26 November 2023 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.

Huntingdon Properties Limited (Registered number: 04225454)

Balance Sheet - continued
26 November 2023


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 13 February 2025 and were signed on its behalf by:





W Khamba - Director


Huntingdon Properties Limited (Registered number: 04225454)

Notes to the Financial Statements
for the Period 29 November 2022 to 26 November 2023

1. STATUTORY INFORMATION

Huntingdon Properties Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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 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
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Motor vehicles - 20% on cost

The gain or loss arising on disposal of an asset is determined as the difference between the sale proceeds and the carrying value of an asset, and is credited or charged to profit or loss.

Investments in associates
Investments in associate undertakings are recognised at cost.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 period 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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Huntingdon Properties Limited (Registered number: 04225454)

Notes to the Financial Statements - continued
for the Period 29 November 2022 to 26 November 2023

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 6 (2022 - 4 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 29 November 2022 49,848
Disposals (44,848 )
At 26 November 2023 5,000
DEPRECIATION
At 29 November 2022 46,848
Charge for period 1,000
Eliminated on disposal (44,848 )
At 26 November 2023 3,000
NET BOOK VALUE
At 26 November 2023 2,000
At 28 November 2022 3,000

5. FIXED ASSET INVESTMENTS
Interest
in
associate
£   
COST
At 29 November 2022 30
Disposals (30 )
At 26 November 2023 -
NET BOOK VALUE
At 26 November 2023 -
At 28 November 2022 30

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 29 November 2022
and 26 November 2023 5,703,647
NET BOOK VALUE
At 26 November 2023 5,703,647
At 28 November 2022 5,703,647

Huntingdon Properties Limited (Registered number: 04225454)

Notes to the Financial Statements - continued
for the Period 29 November 2022 to 26 November 2023

6. INVESTMENT PROPERTY - continued

The carrying valuation of the investment property shown within these financial statements is considered by the director to be reasonable.

The historical cost of investment property at 26 November 2023 is £2,199,724.

7. DEBTORS
26.11.23 28.11.22
£    £   
Amounts falling due within one year:
Other debtors 4,635,044 4,525,293

Amounts falling due after more than one year:
Other debtors 9,209,769 9,387,174

Aggregate amounts 13,844,813 13,912,467

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
26.11.23 28.11.22
£    £   
Bank loans and overdrafts 866,524 1,917,440
Taxation and social security 155,244 67,660
Other creditors 642,182 614,532
1,663,950 2,599,632

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
26.11.23 28.11.22
£    £   
Bank loans 13,826,697 13,215,945

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more than 5 years
by instalments 10,360,602 5,546,185
10,360,602 5,546,185

10. SECURED DEBTS

The following secured debts are included within creditors:

26.11.23 28.11.22
£    £   
Bank loans 14,648,954 15,087,014

The bank loans are secured by fixed and floating charges over investment properties held within the company and other company undertakings.

Huntingdon Properties Limited (Registered number: 04225454)

Notes to the Financial Statements - continued
for the Period 29 November 2022 to 26 November 2023

11. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the periods ended 26 November 2023 and 28 November 2022:

26.11.23 28.11.22
£    £   
W Khamba
Balance outstanding at start of period 54,311 (3,451 )
Amounts advanced 136,877 462,230
Amounts repaid (51,851 ) (404,468 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of period 139,337 54,311

12. RELATED PARTY DISCLOSURES

Included within Other debtors is £11,994,427 due to the company from various related companies in which the director, W Khamba, retains a equity stake.

Included within Other creditors is £310,210 due from the company to companies in which the director, W Khamba, retains a equity stake.