Caseware UK (AP4) 2023.0.135 2023.0.135 2024-12-31false2024-01-01falseNo description of principal activity22falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 00620908 2024-01-01 2024-12-31 00620908 2023-01-01 2023-12-31 00620908 2024-12-31 00620908 2023-12-31 00620908 2023-01-01 00620908 c:Director1 2024-01-01 2024-12-31 00620908 c:Director3 2024-01-01 2024-12-31 00620908 c:RegisteredOffice 2024-01-01 2024-12-31 00620908 d:CurrentFinancialInstruments 2024-12-31 00620908 d:CurrentFinancialInstruments 2023-12-31 00620908 d:CurrentFinancialInstruments d:WithinOneYear 2024-12-31 00620908 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 00620908 d:ShareCapital 2024-01-01 2024-12-31 00620908 d:ShareCapital 2024-12-31 00620908 d:ShareCapital 2023-01-01 2023-12-31 00620908 d:ShareCapital 2023-12-31 00620908 d:ShareCapital 2023-01-01 00620908 d:RetainedEarningsAccumulatedLosses 2024-01-01 2024-12-31 00620908 d:RetainedEarningsAccumulatedLosses 2024-12-31 00620908 d:RetainedEarningsAccumulatedLosses 2023-01-01 2023-12-31 00620908 d:RetainedEarningsAccumulatedLosses 2023-12-31 00620908 d:RetainedEarningsAccumulatedLosses 2023-01-01 00620908 c:FRS102 2024-01-01 2024-12-31 00620908 c:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 00620908 c:FullAccounts 2024-01-01 2024-12-31 00620908 c:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 00620908 d:Subsidiary1 2024-01-01 2024-12-31 00620908 d:Subsidiary1 1 2024-01-01 2024-12-31 00620908 d:Subsidiary2 2024-01-01 2024-12-31 00620908 d:Subsidiary2 1 2024-01-01 2024-12-31 00620908 d:Subsidiary3 2024-01-01 2024-12-31 00620908 d:Subsidiary3 1 2024-01-01 2024-12-31 00620908 c:Consolidated 2024-12-31 00620908 c:ConsolidatedGroupCompanyAccounts 2024-01-01 2024-12-31 00620908 6 2024-01-01 2024-12-31 00620908 e:PoundSterling 2024-01-01 2024-12-31 iso4217:GBP xbrli:pure
Registered number: 00620908










HUNTING GATE GROUP LIMITED
UNAUDITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024




















 
HUNTING GATE GROUP LIMITED
 
 
Company Information


Directors
J P Walters - (Chairman) 
H J H Bandet - (President) 




Registered number
00620908



Registered office
3rd Floor
12 Gough Square

London

EC4A 3DW





 
HUNTING GATE GROUP LIMITED
 

Contents



Page
Consolidated balance sheet
 
1
Company balance sheet
 
2
Consolidated statement of changes in equity
 
3
Company statement of changes in equity
 
4
Notes to the financial statements
 
5 - 9


 
HUNTING GATE GROUP LIMITED
Registered number: 00620908

Consolidated balance sheet
As at 31 December 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
36,912
36,912

  
36,912
36,912

Current assets
  

Stocks
 6 
316,195
316,195

Debtors: amounts falling due within one year
 7 
49,251
47,948

Cash at bank and in hand
  
96,837
739,432

  
462,283
1,103,575

Creditors: amounts falling due within one year
 8 
(18,087)
(25,143)

Net current assets
  
 
 
444,196
 
 
1,078,432

Total assets less current liabilities
  
481,108
1,115,344

Net assets
  
481,108
1,115,344


Capital and reserves
  

Called up share capital 
  
352
352

Profit and loss account
 9 
480,756
1,114,992

Equity attributable to owners of the parent Company
  
481,108
1,115,344

  
481,108
1,115,344


The directors consider 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 directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The Company's financial statements have been prepared and delivered 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 Company has opted not to file the consolidated profit and loss account 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 10 March 2025.

J P Walters
Director

The notes on pages 5 to 9 form part of these financial statements.

Page 1

 
HUNTING GATE GROUP LIMITED
Registered number: 00620908

Company balance sheet
As at 31 December 2024

2024
2023
Note
£
£

Fixed assets
  

Investments
 5 
1,986,483
1,986,483

  
1,986,483
1,986,483

Current assets
  

Debtors: amounts falling due within one year
 7 
12,374
14,750

Cash at bank and in hand
  
96,837
739,432

  
109,211
754,182

Creditors: amounts falling due within one year
 8 
(1,825,312)
(2,493,654)

Net current liabilities
  
 
 
(1,716,101)
 
 
(1,739,472)

Total assets less current liabilities
  
270,382
247,011

Net assets
  
270,382
247,011


Capital and reserves
  

Called up share capital 
  
352
352

Profit and loss account
 9 
270,030
246,659

  
270,382
247,011


The directors consider that the Company is entitled to exemption from the requirement to have an audit under the provisions of 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 directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The Company's financial statements have been prepared and delivered 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 Company has opted not to file the consolidated profit and loss account 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 10 March 2025.


J P Walters
Director

The notes on pages 5 to 9 form part of these financial statements.

Page 2

 
HUNTING GATE GROUP LIMITED
 

Consolidated statement of changes in equity
For the Year Ended 31 December 2024


Called up share capital
Profit and loss account
Total equity

£
£
£

At 1 January 2024
352
1,114,992
1,115,344


Comprehensive income for the year

Loss for the year
-
(7,907)
(7,907)


Other comprehensive income for the year
-
-
-


Total comprehensive income for the year
-
(7,907)
(7,907)


Contributions by and distributions to owners

Dividends: Equity capital
-
(626,329)
(626,329)


Total transactions with owners
-
(626,329)
(626,329)


At 31 December 2024
352
480,756
481,108



Consolidated statement of changes in equity
For the Year Ended 31 December 2023


Called up share capital
Profit and loss account
Total equity

£
£
£

At 1 January 2023
352
1,088,045
1,088,397


Comprehensive income for the year

Profit for the year
-
26,947
26,947


Other comprehensive income for the year
-
-
-


Total comprehensive income for the year
-
26,947
26,947


Total transactions with owners
-
-
-


At 31 December 2023
352
1,114,992
1,115,344


The notes on pages 5 to 9 form part of these financial statements.

Page 3

 
HUNTING GATE GROUP LIMITED
 

Company statement of changes in equity
For the Year Ended 31 December 2024


Called up share capital
Profit and loss account
Total equity

£
£
£

At 1 January 2024
352
246,659
247,011


Comprehensive income for the year

Profit for the year
-
649,700
649,700


Other comprehensive income for the year
-
-
-


Total comprehensive income for the year
-
649,700
649,700


Contributions by and distributions to owners

Dividends: Equity capital
-
(626,329)
(626,329)


Total transactions with owners
-
(626,329)
(626,329)


At 31 December 2024
352
270,030
270,382



Company statement of changes in equity
For the Year Ended 31 December 2023


Called up share capital
Profit and loss account
Total equity

£
£
£

At 1 January 2023
352
215,501
215,853


Comprehensive income for the year

Profit for the year
-
31,158
31,158


Other comprehensive income for the year
-
-
-


Total comprehensive income for the year
-
31,158
31,158


Total transactions with owners
-
-
-


At 31 December 2023
352
246,659
247,011


The notes on pages 5 to 9 form part of these financial statements.

Page 4

 
HUNTING GATE GROUP LIMITED
 
 
 
Notes to the financial statements
For the Year Ended 31 December 2024

1.


General information

Hunting Gate Group Limited is a private limited company, incorporated in the United Kingdom and registered in England and Wales. The Company's registered office is 3rd Floor, 12 Gough Square, London, EC4A 3DW.
The principal activities of the group are property development, investment and management which are regarded by the directors as a single class of business.

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 Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires Group management to exercise judgment in applying the Group's accounting policies.

The Company has taken advantage of the exemption allowed under section 408 of the Companies Act 2006 and has not presented its own Profit and loss account in these financial statements.

The following principal accounting policies have been applied:

 
2.2

Basis of consolidation

The consolidated financial statements present the results of the Hunting Gate Group Limited and all its subsidiary undertakings ("subsidiaries") as if they form a single entity. These are adjusted, where appropriate, to conform to group accounting policies. Acquisitions are accounted for under the acquisition method and goodwill on consolidation is capitalised and written off over five years from the year of acquisition. The results of the companies acquired or disposed of are included in the profit and loss account after or up to the date the control passes respectively.

 
2.3

Revenue

Turnover comprises the toal proceeds of building and development on which profit has been taken, and amounts are invoiced for other activities.

 
2.4

Investment property

Investment property is initially recognised on acquisition at cost, including related acquisition costs, and is revalued annually by a professionally qualified director to reflect fair value. Fair value is derived from the market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in the Profit and loss account.

 
2.5

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

Page 5

 
HUNTING GATE GROUP LIMITED
 
 
 
Notes to the financial statements
For the Year Ended 31 December 2024

2.Accounting policies (continued)

  
2.6

Stocks

Land and work in progress are stated at the lower of cost and net realisable value. Cost includes attributable overheads and interest, where applicable.

 
2.7

Debtors

Short-term debtors are measured at transaction price, less any impairment.

 
2.8

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.

 
2.9

Creditors

Basic financial instruments, including trade and other creditors, are recognised at transaction price, less any impairment.

 
2.10

Financial instruments

The Group has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

Basic financial assets

Basic financial assets, which include trade and other debtors, cash and bank balances, are initially measured at their transaction price (adjusted for transaction costs except in the initial measurement of financial assets that are subsequently measured at fair value through profit and loss) and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Discounting is omitted where the effect of discounting is immaterial. The Group's cash and cash equivalents, trade and most other debtors due with the operating cycle fall into this category of financial instruments.

 
2.11

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.


3.


Employees

The average monthly number of employees, including directors, during the year was 2 (2023: 2).

Page 6

 
HUNTING GATE GROUP LIMITED
 
 
 
Notes to the financial statements
For the Year Ended 31 December 2024

4.


Tangible fixed assets

Group






Investment property

£



Cost or valuation


At 1 January 2024
36,912



At 31 December 2024

36,912






Net book value



At 31 December 2024
36,912



At 31 December 2023
36,912

Page 7

 
HUNTING GATE GROUP LIMITED
 
 
 
Notes to the financial statements
For the Year Ended 31 December 2024

5.


Fixed asset investments

Company





Investments in subsidiary companies

£



Cost or valuation


At 1 January 2024
1,986,483



At 31 December 2024
1,986,483






Net book value



At 31 December 2024
1,986,483



At 31 December 2023
1,986,483


Subsidiary undertakings


The following were subsidiary undertakings of the Company:

Name

Principal activity

Class of shares

Holding

Hunting Gate Developments Limited
Commercial development
Ordinary
100%
Hunting Gate Investments Limited
Property investment
Ordinary
100%
Mileworth Limited
Property investment
Ordinary
100%


6.


Stocks

Group
Group
2024
2023
£
£

Stock
316,195
316,195

316,195
316,195


Page 8

 
HUNTING GATE GROUP LIMITED
 
 
 
Notes to the financial statements
For the Year Ended 31 December 2024

7.


Debtors

Group
Group
Company
Company
2024
2023
2024
2023
£
£
£
£


Trade debtors
9,600
2,960
-
-

Other debtors
16,099
12,408
11,027
9,627

Prepayments and accrued income
23,552
32,580
1,347
5,123

49,251
47,948
12,374
14,750



8.


Creditors: Amounts falling due within one year

Group
Group
Company
Company
2024
2023
2024
2023
£
£
£
£

Trade creditors
-
36
-
-

Amounts owed to group undertakings
-
-
1,810,730
2,471,242

Other taxation and social security
-
1,381
-
1,381

Other creditors
2
-
2
-

Accruals and deferred income
18,085
23,726
14,580
21,031

18,087
25,143
1,825,312
2,493,654



9.


Reserves

Profit & loss account

Included in the consolidated profit and loss account are non-distributable reserves of £20,502 (2023: £20,502).


10.


Related party transactions

The company has adopted the exemption permitted by paragraph 33.1A of FRS 102 and has not disclosed transactions with other group members, which are wholly owned subsidiaries.
 
Page 9