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REGISTERED NUMBER: 11392639 (England and Wales)














UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2024

FOR

HUFFER REAL ESTATE LIMITED

HUFFER REAL ESTATE LIMITED (REGISTERED NUMBER: 11392639)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


HUFFER REAL ESTATE LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2024







DIRECTOR: Mr R Huffer





REGISTERED OFFICE: 5 Jardine House
Harrovian Business Village
Bessborough Road
Harrow
Middlesex
HA1 3EX





REGISTERED NUMBER: 11392639 (England and Wales)





ACCOUNTANTS: David Simon Limited
Chartered Certified Accountants
5 Jardine House
Harrovian Business Village
Bessborough Road
Harrow
Middlesex
HA1 3EX

HUFFER REAL ESTATE LIMITED (REGISTERED NUMBER: 11392639)

STATEMENT OF FINANCIAL POSITION
30 JUNE 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 448 448
Investment property 5 350,000 350,000
350,448 350,448

CURRENT ASSETS
Cash at bank and in hand 719 519

CREDITORS
Amounts falling due within one year 6 109,761 107,429
NET CURRENT LIABILITIES (109,042 ) (106,910 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

241,406

243,538

CREDITORS
Amounts falling due after more than one
year

7

(227,310

)

(227,310

)

PROVISIONS FOR LIABILITIES (8,486 ) (6,449 )
NET ASSETS 5,610 9,779

CAPITAL AND RESERVES
Called up share capital 100 100
Fair value reserve 9 25,458 27,495
Retained earnings (19,948 ) (17,816 )
SHAREHOLDERS' FUNDS 5,610 9,779

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 24 February 2025 and were signed by:




Mr R Huffer - Director


HUFFER REAL ESTATE LIMITED (REGISTERED NUMBER: 11392639)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

1. STATUTORY INFORMATION

Huffer Real Estate 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 as modified by the revaluation of certain assets.

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
No depreciation has been provided for the year.

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 year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 year 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.

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 July 2023
and 30 June 2024 448
NET BOOK VALUE
At 30 June 2024 448
At 30 June 2023 448

HUFFER REAL ESTATE LIMITED (REGISTERED NUMBER: 11392639)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 July 2023
and 30 June 2024 350,000
NET BOOK VALUE
At 30 June 2024 350,000
At 30 June 2023 350,000

Fair value at 30 June 2024 is represented by:
£   
Valuation in 2021 33,944
Cost 316,056
350,000

If investment property had not been revalued it would have been included at the following historical cost:

2024 2023
£    £   
Cost 316,056 316,056

Investment property was valued on an open market basis on 30 June 2024 by the director .

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other creditors 109,761 107,429

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans 227,310 227,310

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Bank loans more 5 yrs non-inst 227,310 227,310

8. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Bank loans 227,310 227,310

The bank loan is secured on the investment property by way of a fixed charge and contains a negative pledge.

HUFFER REAL ESTATE LIMITED (REGISTERED NUMBER: 11392639)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024

9. RESERVES
Fair
value
reserve
£   
At 1 July 2023 27,495
Transfer (2,037 )

At 30 June 2024 25,458

10. RELATED PARTY DISCLOSURES

Included in creditors is an amount of £77,060 (2023: £74,560) due to a company in which the director has an interest.