Registered number
08667561
Huntertech Limited
Unaudited Filleted Accounts
31 August 2024
Huntertech Limited
Registered number: 08667561
Balance Sheet
as at 31 August 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 18,381 27,300
Current assets
Debtors 4 - 14,484
Cash at bank and in hand 60,110 69,826
60,110 84,310
Creditors: amounts falling due within one year 5 (15,425) 20,009
Net current assets 44,685 104,319
Net assets 63,066 131,619
Capital and reserves
Called up share capital 100 100
Profit and loss account 62,966 131,519
Shareholders' funds 63,066 131,619
The director is 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 director acknowledges his 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.
Dr Michael Hunter
Director
Approved by the board on 8 May 2025
Huntertech Limited
Notes to the Accounts
for the year ended 31 August 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention 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).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Fixtures, fittings, tools and equipment 25% straight line
Motor vehicles 25% straight line
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
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.
Pensions
Contributions to defined contribution plans are expensed in the period to which they relate.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 1 1
3 Tangible fixed assets
Plant and machinery etc Motor vehicles Total
£ £ £
Cost
At 1 September 2023 7,566 30,363 37,929
At 31 August 2024 7,566 30,363 37,929
Depreciation
At 1 September 2023 3,038 7,591 10,629
Charge for the year 1,329 7,590 8,919
At 31 August 2024 4,367 15,181 19,548
Net book value
At 31 August 2024 3,199 15,182 18,381
At 31 August 2023 4,528 22,772 27,300
4 Debtors 2024 2023
£ £
Trade debtors - 14,484
5 Creditors: amounts falling due within one year 2024 2023
£ £
Taxation and social security costs 14,379 25,772
Other creditors 1,046 (45,781)
15,425 (20,009)
6 Other information
Huntertech Limited is a private company limited by shares and incorporated in England. Its registered office is:
2 Hinksey Court
Church Way
Oxford
Oxfordshire
OX2 9SX
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